Over the last few years, the African Union has been working to create an alternative rating system more sensitive to local economic realities. Let’s head to Lusaka in Zambia where the latest discussions were held on the future African rating agency.
The leaders of the African financial industry are overwhelmingly optimistic about the three-year economic outlook. This is what emerged from the recent barometer of the African Financial Industry presented by AFIS, the Africa Financial Industry Summit and Deloitte. How can we analyze this optimism? We interviewed Aristide Ouattara in Paris.
Uganda experiences a boom in coffee exports. The leading African exporter of these precious grains, that are appreciated throughout the world, is benefiting from the consequences of a dire economic situation for its Asian competition. The sector supports around 5 million people and wants its producers to join the top 3 global exporters.
Since 14 March 2024, some West African countries have been experiencing difficulties accessing the Internet. A breakdown has occurred in the device that handles data traffic, causing inconvenience in several sectors. To find out more, our correspondent Euloge Aïdasso met Pierre Dandjinou, former UNDP Regional Adviser, Founding President of the Internet Society of Benin and ICANN Vice-President responsible for Africa. ICANN - Internet Corporation for Assigned Names and Numbers.
The South African economy showed limited growth in 2023, expanding by 0.6% compared to 1.9% in 2022, due in part to logistical challenges at Transnet affecting exports and a concerning energy crisis leading to frequent power cuts. These issues are expected to influence the outcome of the upcoming general election in May. James Mackay, Executive Chairman of the Energy Council of South Africa, discussed the country's energy crisis in Johannesburg.
Nigeria's economy grew by 3.46% in the last quarter of 2023, surpassing analysts' expectations of 2.54%. The growth was driven mainly by the oil sector, which saw a remarkable increase in production by over 12% following a three-year slump. Despite this positive development, Nigeria still struggles with significant economic challenges. We turn to Wilson Erumebor, Senior Economist at the Nigerian Economic Summit Group, to delve into this mixed outlook.
Transformation of commodities, exports, and free trade: these were the main concerns of African exhibitors at this sixtieth edition of the Paris International Agricultural Show.
The Economic Community of West African Countries, ECOWAS, is currently facing a crisis after the recent announcement of Mali, Niger, and Burkina Faso to leave the organisation. Aly Tounkara joined us for this edition from Bamako in Mali to discuss the consequences of this crisis.
The Koree application was created by a young Cameroonian entrepreneur to enable consumers to retrieve their change on their mobile phone. The app offers a solution to the coin shortage that has been affecting Central Africa for some time now.
