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Tag : Finance Minister

Business

Nigerian government congratulates Akin Adesina on re-election as AfDB president

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The Federal Government has congratulated Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group on his re-election as the eighth president of the bank...
Business

Sub-Saharan Africa’s virus-induced slump may last three years – Ghanaian minister

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The economic slump in sub-Saharan Africa caused by the coronavirus outbreak could last well over three years, Ghana’s finance minister said on Tuesday. Much of...
Business

Akinwumi Adesina: Nigeria doubles voting rights ahead of AfDB election

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Nigeria has boosted its voting powers ahead of the African Development Bank election. The election is expected to hold during the virtual annual meeting scheduled...
Business

UK officially enters recession for first time in 11 years

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The United Kingdom has officially fallen into recession for the first time in 11 years. The reasons is due to the impact of the coronavirus...
African News

Gambia’s health system near collapse amid pandemic

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The Gambia has seen over a 70% rise in coronavirus cases last week, and its health sector is crumbling under the weight of the deadly...
African News

Algeria economy rocked by one-two punch of coronavirus crisis

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Currency depreciation, inflation, negative growth, businesses closed: Algeria’s economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues. And...
African News

Morocco to reform state bodies in virus response – ministry

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Morocco plans to reform, merge or dissolve some state bodies to reduce their dependency on a state budget hit by the coronavirus pandemic, the finance...
African News

Gambia government officials ravaged by coronavirus

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Three ministers in Gambia’s government have tested positive for the coronavirus, officials said, days after the West African nation’s president went into self-isolation. President Adama...
African News

South Africa will not have universal basic income grant this year – minister

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South Africa will not implement a universal basic income grant until at least March, Social Development Minister Lindiwe Zulu said in an interview on Friday,...