insert_link Africa Kenya’s greylisting for weak action on money laundering and terrorism financing: what that means and what must happen next By Louis de Koker, La Trobe University Kenya and Namibia are the latest African countries to be placed on the Financial Action Task Force’s grey list over their weak measures against money laundering and terrorism financing. Being on the grey list is typically seen as an indictment of a country’s ability to identify and effectively redress financial crimes. It warns investors to be cautious in dealings with […] today26 March, 2024
insert_link Africa El Niño threatens Zimbabwe’s corn production Zimbabwe has warned that farmland planted with corn has shrunk by 12% because of scorching El Niño weather patterns, threatening the nation’s food staple and potentially triggering surging prices and social unrest. We contacted Eddie Cross an economist from Zimbabwe for his comment. today14 March, 2024
Africa African Games 2024: is it really worth it for Ghana to host the mega sport event? By Kamilla Swart, Hamad Bin Khalifa University The African Games, formerly the All-African Games, is taking place from 8-23 March in Ghana. Scheduled for 2023, they were postponed due to a regional impasse over marketing rights, delays in getting facilities ready and Ghana’s growing economic crisis. Kamilla Swart researches and teaches sport mega-events. We asked her about the African Games’ potential for sport tourism and about the […] today7 March, 2024
insert_link Africa Antibiotic use on Kenya’s dairy farms is putting consumers and animals at risk By Dishon Muloi, International Livestock Research Institute and Arshnee Moodley, CGIAR System Organization Farmers often use antibiotics to keep their livestock healthy. They’re sometimes used as “quick fixes”, to avoid more costly management measures like regular disinfection, waste management, routine vaccination or provision of clean drinking water. Animal husbandry now accounts for about two thirds of the global consumption of antibiotics. As livestock and fish production […] today22 February, 2024
insert_link Africa African Development Bank warns of social unrest in Nigeria The African Development Bank, ADB says rising prices of food and petrol could lead to social unrest in the country. today19 February, 2024
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 […] today16 February, 2024
insert_link Business / Economics Price of chocolate expected to increase due to El Nino U.S. chocolate makers are warning that record-high cocoa prices will push up the price of their products. It comes as the El Nino weather patterns are impacting cocoa yields in West Africa. Caroline Malone reports. today12 February, 2024
insert_link Africa Kenya oil facilities face huge losses A new report says Kenya has lost $200 million worth of oil exports to Uganda. The country has been Uganda's largest regional market since last year. Daniel Kijo reports. today29 January, 2024
insert_link Africa Ghana wants to make importing food like rice and tomatoes more costly: expert explains why it’s a bad idea By Sylvanus Kwaku Afesorgbor, University of Guelph Ghana, like many other developing nations, relies heavily on imports of food and consumer goods to feed its population. For instance, Ghana imports 55% of the rice that is consumed locally. The country’s import dependence is primarily a consequence of the production of low-value primary products without substantial value addition. To forestall over-dependence on foreign goods, the government has proposed a trade […] today23 January, 2024