Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021, driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices, and a rise in oil prices, according to GlobalData
Economy
UN to support gender mainstreaming in government ministries
The UN in Sierra Leone has signed an MoU with the Ministry of Gender and Children’s Affairs on July 30, to support mainstreaming gender in government Ministries
Nigerian economic survey shows economic insights
Nigeria is showing improvement in boosting up its economy, however, there are numerous factors that could potentially derail this recovery, analysed NKC African Economics, an Oxford Economics company
Ecobank Group and Microsoft upskill Africa’s SMEs
Pan-African banking group Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy, is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa
Lesotho: African Development Fund extends US$4.25mn loan
The Board of Directors of the African Development Bank Group has approved a loan of US$4.25mn to the Lesotho Revenue Authority to provide digital tax services, including e-taxation and e-payment, that will broaden the country’s tax base and boost government revenue