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New African Magazine
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June 2017

June 5th 2017

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Africa

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Economy

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Economy

#UNGA: African leaders call for additional IMF SDRs for pandemic recovery

At the 76th Meeting of the United Nations General Assembly leaders from across the continent called for the mobilisation of further IMF Special Drawing Rights reserves to finance their economies post-Covid recovery.

By Shoshana Kedem
Economy

Is Somali piracy set to become a threat again?

The hijacking of a dhow off the coast of Somalia in April raises an unwelcome prospect for shipping in the Indian Ocean.
Economy

BP’s Mauritania LNG scheme raises environmental concerns

Mauritania’s government says that revenues from the Greater Tortue Ahmeyim project will be crucial for development but conservationists say it will endanger the environment.

By Will McBain
Economy

Port Harcourt rehabilitation causes controversy in Nigeria

Despite calls for immediate privatisation, the Nigerian government is spending $1.5bn on rehabilitating the Port Harcourt refinery.

By Kelechukwu Iruoma

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Economy

Agritech platforms revolutionise farming investment

Crowd farming platforms are using technology to connect smallholders with much-needed investment across Africa. Will McBain reports
Economy

The importance of skills development for resilient youth

Africa is on the rise in prominence, there’s been a shift in economic opportunities. In fact, studies by Nielsen have indicated that Africa is one of the fastest growing economies in the world. Our youth remains as the backbone for the sustainability of our economic growth as a continent. However, 2…

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