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Tag Archives: africa

AfDB: Africa will grow 4% in 2023 as China recovers

The bank’s cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies Kampala, Uganda | Leo Komminoth | The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 …

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Egypt’s currency halves in value in 10 months

Cairo, Egypt | Xinhua |  The Egyptian pound further declined against the U.S. dollar on Wednesday, plunging to below 31 pounds to the dollar before settling at 29.7 in the afternoon. The Egyptian local currency has lost about half of its value since March 2022, when a dollar was worth …

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Africa and geopolitical competition

Why continent must strategically counter big powers through alliances and win-win deals COMMENT | Josephat Juma | The ongoing fever-pitch global tension and fear occasioned by competition among major political and economic powers of the world is not new. It dates back to naval wars to control sea trade routes, control global …

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Regulation of medicines in Africa

Ghana conference makes progress in efforts to harmonise it Kampala, Uganda | AGENCIES | Africa’s limited pharmaceutical industry, high costs of raw materials, and dependence on imported medicines have long hampered citizens’ access to the medicines they need. The challenges the continent faces are daunting. They include poor supply chain systems, …

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Uganda drops on Africa Visa Openness Index

Rwanda is ranked best in EAC Kampala, Uganda | RONALD MUSOKE | African countries are increasingly making better progress in their freedom of travel policies, most of which had been severely curtailed by the Covid-19 pandemic, according to the 2022 Africa Visa Openness Index. The annual publication, prepared by the African …

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