The African Development Bank (AfDB) and the Korean government inked two agreements to boost Africa's development objectives, the first of which is worth $28.6 million.
According to the report, if current trends continue, over 340 million women and girls - an estimated 8 per cent of the world’s female population - will live in extreme poverty by 2030.
Iranian state media said on Friday that two oil tankers that were purportedly transporting gasoline smuggling in the Gulf had been captured and their crews detained.
The national interest rate, often referred to as the central bank interest rate or benchmark interest rate, plays a pivotal role in shaping a country's economic landscape.
Surprisingly, the report noted that the fastest-growing region in 2022 was Sub-Saharan Africa, growing by 34.7%, driven by South Africa, which is the region’s biggest market.
In an era when growing gasoline costs frequently impose a substantial strain on both individuals and businesses, certain countries stand out as beacons of relief with astonishingly cheap fuel prices.
The Ruto administration, based on a recent report seems to have budged under the decade-long insistence from the International Monetary Fund to drop blanket reliefs on consumption.
A crucial economic indicator, the debt-to-GDP (gross domestic product) ratio offers important clues about the fiscal health and economic stability of a nation.
Due to the passing of Uganda's controversial anti-gay bill, a number of US businesses covered by the Africa Growth Opportunity Act (Agoa) have ceased doing business with the East African nation. Particularly, these enterprises have stopped purchasing textiles from Uganda.
Inflation, defined as a sustained rise in the overall price level of goods and services over time, may have major and far-reaching effects on economies and communities.
Due to Cairo's inability to release an adequate amount of political prisoners, the United States has chosen to withhold $85 million in military aid to Egypt.
According to the Nigerian Customs Service (NCS), an agreement has been reached with its neighboring country, Benin Republic to permit importers to clear their goods from the port in Cotonou.
This compound, designed to have an annual flat steel production capacity of 1.8 million metric tons, would cater to both global export markets and the local demand.
According to the city and its location, crime rates in cities might vary greatly. Crime rates, also known as crime indices, are frequently higher in cities in more densely populated regions than in rural or suburban areas.
Though the village was left in ruins, and many of its people are now homeless, no deaths were recorded, and only one person was reported injured in the quake.
According to World Population Review, a data platform in charge of tracking population growth periodically, a number of African cities have seen significant growth in their population size. This growth is due to the aforementioned facts, and estimates show that the growth would continue to trend upwards.
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
![The CMA-CGM vessel carried 411 TEUs of transshipment cargo destined for Cotonou [Nigerian Ports]](https://image.api.sportal365.com/process/smp-images-production/pulse.ug/31072024/47b8388b-aacd-4a9f-9a2a-a462ccedb8e9?operations=autocrop(340:191)&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
