Kenya Airways is contesting a government deal allowing Ethiopian Airlines to operate passenger planes grounded by the coronavirus for shipment of cargo from the Jomo Kenyatta International Airport ( JKIA) in Nairobi to Europe and Asia. The loss-making KQ has said the new deal will give the rival carrier undue
AfricaPLC | News Contributor
CBN Issue Guidelines For N100bn Pharmaceutical Fund
Central Bank of Nigeria (CBN) has given guidelines on the N100 billion pharmaceutical fund it launched in the wake of coronavirus pandemic. In the circular, N2 billion was set as maximum obligor limit for term loans while companies seeking working capital can get a maximum of N500 million. Specifically, each
We’re Ignoring the Only Industry We Can’t Do Without
By 2025, the planet will have a population of over 8.1 billion people. If we were to imagine that number in an easily consumable unit such as donuts, we would have enough donuts to form a chain so long that it would wrap around Earth’s equator 20 times. Unfortunately, that
Mali’s Shea Nut Industry Takes Root—and Women Farmers Benefit
Every day during shea season, Hawa Sidibé walks four to seven kilometers to collect shea nuts to sell to traders. As President of the Shea Cooperative of Gouandiaka, in Sikasso, southern Mali, lack of transportation to the fields is one of the many challenges she and the other members of her cooperative
The Impact of Covid-19 on Africa’s Trade and Integration
The COVID-19 pandemic continues its indiscriminate and devastating impact across the world and brings a massive economic crisis in its wake. For Africa, this is a development crisis whose impact will be felt for years to come. The COVID-19 pandemic continues its indiscriminate and devastating impact across the world and brings
Chairman Reed Addresses Corporate Council on Africa on EXIM’s COVID-19 Response Efforts and Broader Priorities in Africa
Nearly 70 Participants Engage in Dialogue with Chairman Reed and Senior Leaders in Debut Session of New CCA Series: “Navigating the Impact of COVID-19” WASHINGTON – Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed today addressed nearly 70 Corporate Council on Africa (CCA) members and
WTO sees ‘ugly’ trade plunge worse than in financial crisis
BRUSSELS (Reuters) – The World Trade Organization on Wednesday forecast that goods trade would shrink more steeply this year than in the global financial crisis a decade ago before rebounding in 2021 as the COVID-19 pandemic recedes – if countries worked together. The WTO said global trade would fall this
