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West African regional bloc adopts new plan to launch single currency in 2027

A group of 15 West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic...

19 hours ago

Cryptocurrency adoption in Africa: The ups and downs

Africa is booming in terms of cryptocurrency adoption, according to the 2020 Geography of Cryptocurrency Report by Chainalysis...

By Eugene Yiga 14 Jun 2021

Africa's free trade area offers great promise. But only if risks are managed with resolve

For all its stutters and missteps, there can be little argument that the European Union (EU) has largely lived up to its ambitious billing: to create stability and growth on a continent...

By John Luiz 27 May 2021

Register now: CEO Connect discussion on Competitive Collaboration in Africa - One Africa, One Voice

SVAI (Shared Value Africa Initiative) is excited to invite all CEOs and executives to the 2021 CEO Connect Roundtable on 4 June!..

Issued by Shift Impact Africa 17 May 2021

Africans urged to trade more with each other

African countries continue to trade more with the outside world than among themselves, according to findings of the UN Economic Commission for Africa assessment report...

7 May 2021

AfCFTA offers massive economic opportunities, but there is still much work to be done

The Africa Continental Free Trade Area (AfCFTA) agreement came into effect on the 1 January 2021. A total of 54 of Africa's 55 countries have agreed, in principle, to participate in the agreement...

By Bobby Madhav 22 Apr 2021

Africa can finance its development but needs a paradigm shift

Africa faces its worst economic recession in 25 years, largely due to the Covid-19 pandemic...

By Matilda Moyo 22 Dec 2020

How West Africa economic partnership deals put the cart before the horse

A free trade agreement, in its most basic sense, is an attempt by existing industries to find new markets. Their need to do this arises from industrialisation - that is, the process of developing sectors that attract high levels of protection in the international market...

By Michael E Odijie 18 Nov 2020

Energy resources can spark Africa's economic growth

Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

By NJ Ayuk 4 Nov 2020

Covid-19 and AfCFTA: why now is the time to maintain momentum despite the global pandemic

The buzz and excitement around the continent's trade agreement, hailed as the answer to a fully integrated pan-African economy, has undoubtedly slowed its pace since the secretariat became operational in April 2020...

By Zuneid Yousuf 15 Oct 2020

Business as usual in post-pandemic recovery will only reinforce economic hardship

Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the Covid-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil...

By Njuguna Ndung'u 28 Sep 2020

Africa is open for business

Despite the Covid-19 pandemic, investment opportunities still abound in Africa. Global markets are shifting to South Asia and Africa...

15 Sep 2020

Why the African free trade area could be the game-changer for the continent's economies

Most economists see structural transformation as one of the main routes to Africa's sustainable development...

By Muazu Ibrahim 3 Aug 2020

Why African countries are reluctant to take up Covid-19 debt relief

A debt service relief package has been approved by some of the world's biggest lenders for more than 25 African countries...

By Misheck Mutize 30 Jul 2020



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