Development Begins at Home
Africa Opinions

Development Begins at Home

Justin Yifu Lin and Yan Wang, BEIJING – The eighth triennial Forum of China-Africa Cooperation was recently held in Dakar, Senegal. At past forums, China has announced large development-financing packages. But this year, Chinese President Xi Jinping opened the FOCAC by pledging another billion doses of COVID-19 vaccines and more private-sector equity investment to Africa. This is just one sign of […]

Mastercard, Africa CDC’s Deliver Vaccines to Uganda
Africa Wellness

Mastercard, Africa CDC’s Deliver Vaccines to Uganda

Kampala, Uganda|12/07/2021—The Mastercard Foundation and Africa CDC jointly announced that 756,000 Johnson & Johnson vaccines purchased under the Saving Lives and Livelihoods initiative have landed in Uganda and are set for distribution. The shipment is part of the first tranche of vaccines to be delivered under the initiative. Through Saving Lives and Livelihoods, the Mastercard […]

First African Medical Centre of Excellence in Abuja 
Africa Wellness

First African Medical Centre of Excellence in Abuja 

Abuja, 7th December 2021 – African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) today in Abuja, Nigeria. The Centre aims to provide world-class healthcare across the continent in long-term partnership with King’s College Hospital, London (KCH), the official clinical partner for the AMCE. Commissioning of the Centre […]

Ethiopian Airlines Wins ‘Best African Airline’ Award 2021
Africa Travel

Ethiopian Airlines Wins ‘Best African Airline’ Award 2021

Addis Ababa, 02 December 2021. Africa’s largest aviation group, Ethiopian Airlines, has been crowned as the ‘Best African Airline” at the 2021 Business Traveller Awards. The votes made by the business travelers for this year took into account the COVID period with key questions covering airlines’ effectiveness in communication, effective implementation of COVID precautionary measures, […]

The Supply-Chain Mess
Opinions

The Supply-Chain Mess

Daron Acemoglu, BOSTON – Global supply chains used to be the last thing policymakers worried about. The topic was largely the concern of academics, who studied the possible efficiency gains and potential risks associated with this aspect of globalization. Although Japan’s Fukushima nuclear disaster in 2011 had demonstrated how supply-chain disruptions could impact the global economy, few anticipated how central the […]

Digital Finance Without Cryptocurrencies
Opinions

Digital Finance Without Cryptocurrencies

Shang-Jin Wei, NEW YORK – When Tesla CEO Elon Musk promoted the Dogecoin and Bitcoin cryptocurrencies, their prices shot up. While some countries are taking a wait-and-see attitude toward private digital money, El Salvador has embraced Bitcoin as an official currency. And the New York State Department of Financial Services (NYDFS) has been busy issuing licenses (and collecting fees) to people […]