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Tag : Sub-Saharan Africa

Business Insurance

POS, Mobile transactions volume hits four-year high in Nigeria

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File Photo Despite the negative impact of coronavirus (COVID-19) pandemic witnessed by business owners, along with households across Nigeria, fresh indications have emerged that financial...
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

Sub-Saharan Africa GDP to contract 3.1% this year

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Sub-Saharan Africa’s economy will contract this year after shutdowns disrupted activity and as daily cases of coronavirus are still rising in the region but a...
African News

World Bank approves $150 million to boost secondary education in rural Uganda

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ABS-CBN World Bank has approved a $150 million project aimed at boosting secondary education in rural Uganda. The international lender, in a statement, issued late...
African News Politics

DR Congo’s Joseph Kabila prowls the political sidelines

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Officially, he stepped down in January 2019, retiring after 18 years at the helm of the biggest country in sub-Saharan Africa. But nearly 18 months...
African News

WHO: Over 10,000 health workers infected with coronavirus in Africa

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The World Health Organization (WHO) today (July 23) warned of the threat posed by COVID-19 to health workers across Africa. More than 10 000 health...
Business

Fitch: Nigeria’s rating suffers blow from pandemic, oil shock

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Reuters Fitch Ratings has said the coronavirus pandemic and the oil price shock have caused a severe impact on credit rating in Nigeria and some...
Business

Segun Agbaje elected into PepsiCo board of directors

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PepsiCo has elected Segun Agbaje as an independent member of its Board of Directors. The Nigerian will join the Board and the Audit Committee effective...
Business

IMF: Coronavirus could cause set back on decade of progress in Africa

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The coronavirus pandemic could set back incomes in sub-Saharan Africa by a decade as weak oil prices, a tourism standstill and business lockdowns shrink the...