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October 2019

African Business

September 23rd 2019

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Tags October 2019

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Economy
Ecobank Transnational Incorporated holds its 34th AGM
Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, today held its 34th Annual General Meeting (AGM) in Abidjan, Côte d’ Ivoire. Alain Nkontchou, Chairman Ecobank Group said: “2021 was a t…
Economy
Crisis time: Can Ramaphosa save South Africa?
Beset by a plague of violence, poor growth and a legacy of state capture and corruption, can President Cyril Ramaphosa implement his reform agenda?
Economy
African countries must strengthen their efforts to absorb shocks – Songwe
Continental growth has been boosted by easing of pandemic restrictions, but new risks have emerged
Economy
Finance “three to six times lower” than levels needed to limit global warming, says IPCC
Immediate actions, including the public and private funding of developing economies, must be taken to slow global warming, says the latest IPCC report.
By Leo Komminoth

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Economy
Africa loses more than $84bn in illicit financial flows annually
UNECA estimates that more than $84bn is lost in illicit financial flows from Africa each year. “This is more than the annual health financing gap, twice the needs of the education finance gap and it is almost equal to the amount Africa receives in remittances each year,” said Hanan Morsy, Depu…
Economy
Poverty and vulnerability rise in Africa even as pandemic recedes
The Economic Report on Africa, being launched yesterday, highlights the severe impacts on the continent wrought by the Covid-19 pandemic.

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