When I was six years old my family moved to Kyangwali refugee settlement in Uganda. For two decades, I called Kyangwali my village and home. Every day, for seven years, I walked kilometres to and from school before completing my primary school in Kyangwali. When I went to secondary school and university outside the refugee […]
By Graça Machel, Dr. Ngozi Okonjo-Iweala, Dr. Vera Songwe, Maria Ramos We have been presented the opportunity to reimagine and redesign our society into a vibrant and equitable one COVID 19 has unearthed massive inequalities within our societies and brought to glaring light the unique burdens which women carry the world over. Allocation of response […]
Assia Sidibe JOHANNESBURG – COVID-19 is having a devastating impact on the global economy. Like every continent, Africa has been bracing itself for a sharp economic downturn. Yet, despite the inevitable recession, the pandemic has created a unique opportunity to promote the growth of small and medium-size enterprises (SMEs) on the African continent. Indeed, empowering […]
The Uganda Investment Authority (UIA) has predicted a significant decline in both foreign direct investment (FDI) and domestic direct investment (DDI), particularly in tourism, transport and construction sectors, due to the economic crisis induced by the COVID-19 pandemic and shutdown. According to the “UIA Policy Paper on Boosting Investments during and post-COVID-19 Period” that was […]
Suud Olat was barely a few months old when his family sought refuge at the Dadaab refugee camp in Kenya after fleeing from a civil war in Somalia in 1991. For 20 years, he lived in squalid conditions at the camp, surviving on food rations from the United Nations until 2011 when he got the […]
The Government of Uganda closed schools in an attempt to slow the spread of the COVID-19 pandemic. According to the Ministry of Education, more than 73,000 learning institutions are closed leaving 15 million learners and 600,00 refugee learners out of school. The Covid-19 pandemic threatens to reverse years of educational progress in Uganda, where education […]
Erna Solberg is Prime Minister of Norway. Tommy Remengesau, Jr. is President of Palau. OSLO/NGERULMUD – From Jamaica to Palau and Norway to Indonesia, the impact of the COVID-19 crisis is global, and national recovery efforts must be globally focused to seize shared opportunities. Nowhere is this more evident than in the global domain that […]
By Aubrey Hruby and Aubrey Rugo WASHINGTON, DC – As the COVID-19 crisis has escalated, stay-at-home orders have led to a surge in online purchases – of everything from groceries to medicines to household essentials – by consumers in the advanced economies. Africans facing similar movement restrictions will not enjoy the same convenience – or […]
Kenya has the most natural resources in East Africa and is the most explored country in the region CAPE TOWN, South Africa, June 4, 2020. African governments are advised to consider the long-term effects of COVID-19 on oil and gas projects. Africa Oil & Power and the Africa Energy Chamber hosted a webinar on Thursday […]
Johannesburg, 03 June 2020: One thing is certain, and that is that the COVID-19 pandemic has shone an uncomfortable spotlight on how challenging it can be for businesses of every size, and across every industry, to continue with business during times of crisis. “So much has happened over the last three months since we’ve been […]
– Klaus Schwab Klaus Schwab is Founder and Executive Chairman of the World Economic Forum. GENEVA – COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst […]
Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives ABIDJAN, Ivory Coast, May 30, 2020/ — For the past ten years, Africa has recorded some of the world’s strongest rates of economic growth. At the same time, many African economies continue to function at well below their full potential. […]
By Wambua Mutua Deal makers are looking forward for investments and M&A activities to pick up in last quarter of 2020. East Africa investments are set to remain at low levels through 2020 with full recovery unlikely until first quarter of 2021 as the world continues to grapple with the current pandemic and its economic […]