The Ghana Revenue Authority (GRA) has directed its Customs Division at the port to resume normal operations, as their shift system which was put in place due to measures to check the spread of COVID-19 has been cancelled. The move is part of urgent steps being taken by the GRA to ensure
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UNICEF Funding Opportunity for Blockchain Startups
The UNICEF Innovation Fund is looking to make up to $100K equity-free investments (in USD and/or cryptocurrency) to provide early stage (seed) financing and mentoring to for-profit technology startups that have the potential to benefit humanity. Applicants have the opportunity to receive a portion of funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund.
Prof. Benedict Oramah Re-appointed as Afreximbank President
Cairo, 14 June 2020: – Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second 5-year term. The decision was announced today in Cairo following Afreximbank’s 27th Annual General Meeting of Shareholders which was held by circulation of
African Development Bank COVID-19 response – moving from commitment to action
The African Development Bank has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic. The Bank’s operations have continued to run smoothly since the first cases appeared in early March, despite the wide range of lockdowns and measures imposed by governments to flatten the curve.
Tackling COVID-19 in Sub-Saharan Africa
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions. The COVID-19 infection rates in Sub-Saharan Africa (SSA) have remained modest so far.[1] But with notoriously underfunded health systems[2] and the prevalence of other endemic diseases such as HIV and malaria, many analysts
Amidst A Global Crude Price Crash, Nigeria’s State Oil Firm Is Investing In Healthcare
NPC —the oil corporation through which Nigeria’s federal government regulates and participates in the country’s petroleum industry—wants to build hospitals in response to the coronavirus health emergency, which has thoroughly swept across Africa. The Nigerian National Petroleum Corporation has gone through months of financial troubles that are both connected and
Kenya Tops Angola as Sub-Saharan Africa’s No. 3 Economy
Kenya surpassed Angola as sub-Saharan Africa’s third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted every year since 2016 as oil output declined, and the kwanza was devalued in 2019 while Kenya’s shilling held steady. The coronavirus pandemic and restrictions to limit its spread will probably see
