insert_link APO International International Monetary Fund (IMF) Staff completes 2024 Article IV mission to Gabon The 2024 Article IV consultation focused on the near-term challenges facing Gabon: strengthening transparency and governance, revitalizing economic growth and stabilizing the budgetary position; The economy has recovered from multiple shocks emanating from the global and domestic economy, with growth expected to settle around 3 percent in 2024-25 and inflation to remain below the regional ceiling of 3 percent; Efforts to strengthen transparency and the management of public finances should continue unabated, […] todayFebruary 16, 2024 9
insert_link APO International Japan provides US$50 million for World Food Programme (WFP)’s life-saving assistance to 20 countries affected by conflicts, climate crisis and economic shocks The United Nations World Food Programme (WFP) welcomes a grant of US$50 million from the Government of Japan at a time of unprecedented funding shortage. This contribution will enable WFP to assist vulnerable populations affected by conflict, extreme weather and economic crisis in 20 countries across mainly Asia, the Middle East and Africa. From the contribution, US$13.5 million will be used to help the most desperate in Afghanistan through emergency […] todayFebruary 16, 2024 6
insert_link APO International Fighting fragility: Helping half a million girls stay in school in Mozambique Ana António (name changed for privacy), a girl from Northern Mozambique, had all the odds stacked against her. Married at the age of 13, she had to leave school, only to be abandoned by her husband with a baby in her arms shortly after. Her baby died within a year. Consumed with grief and illness, Ana could not go back to school. Her life turned around five years later. She […] todayFebruary 16, 2024 4
insert_link APO International Champion of change: How a Tanzanian youth activist is rallying for gender equality in her community “If only we had a community free from gender-based violence, teenage pregnancy, child marriage and female genital mutilation, then all girls would be able to achieve their dreams,” Tanzanian teenager Bhoke* told UNFPA, the United Nations sexual and reproductive health agency. Bhoke lives with her mother and two siblings in the village of Masanga, in the Mara region of the United Republic of Tanzania. At just 18 years old, she […] todayFebruary 16, 2024 6
insert_link Business / Economics U.S Retail sales slump in January Retail sales declined by a more than expected 0.8 percent in the U.S. last month. That marks the biggest dip since last March and has fueled fears that consumer spending may be on the wane. Williams Denselow reports from New York. todayFebruary 16, 2024 7
insert_link South Africa South African Government Extends Special Relief of Distress Grant to March 2025, Cosatu Welcomes Move The Congress of South African Trade Unions applauds the government's decision to extend the Special Relief of Distress grant for an additional year until March 2025. This extension brings relief to 8 million unemployed individuals dependent on this crucial poverty alleviation support. Matthew Parks, Cosatu's acting spokesperson, acknowledges the grant's limitations but highlights its invaluable role in providing relief to millions without income, signaling a potential step towards the anticipated […] todayFebruary 16, 2024 12
insert_link Namibia Diplomatic Corps Briefed on Burial Arrangements for Late Namibian President Hage Geingob Vice President Netumbo Nandi-Ndaitwah has provided members of the diplomatic corps with details on the burial arrangements for the late President Hage Geingob. Geingob's memorial service is scheduled for February 24 at 14:00 at Independence Stadium in Windhoek, followed by the burial service on February 25, 2024, at 10:00 at Heroes' Acre. Diplomats intending to attend the funeral are requested to confirm their delegations by February 20 to facilitate government […] todayFebruary 16, 2024 9
insert_link Business / Economics South Africa has spent billions in 4 years to create jobs for young people: how their wages affect the broader economy By Joshua Budlender, UMass Amherst and Ihsaan Bassier, London School of Economics and Political Science In October 2020 the South African government launched a collection of public employment programmes, initially intended as a response to the COVID-19 pandemic. The initiative, called the Presidential Employment Stimulus, has been extended since then. The total budget allocation to March 2024 was R42 billion (US$2.1 billion). By December 2023 it had […] todayFebruary 16, 2024 3