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1.5 million COVID-19 infections and a worst economic recession in 70 years, how can South Africa recover?

Last week, Statistics South Africa (SSA) gave out a breath of fresh air by announcing that the economy sprang back in the fourth quarter of 2020 driven by expansion in manufacturing, construction and trade. But that announcement did not end there. It was a precursor to the statement that the economy...

Accused of “COVID denials” Tanzania recorded fastest economic growth in Africa in 2020

As economies across the continent slipped into recession in 2020, Tanzania reaped from its policy of not imposing COVID-19 related restrictions and...

What’s next for Africa’s struggling aviation sector?

On March 5th, 2020 this writer took a flight from Nairobi to Cairo. As usual, the airport in Kenya’s capital, Jomo Kenyatta International Airport,...

Despite doubts on effectiveness, Africa Union to plough ahead with using AstraZeneca’s COVID-19 vaccines

The African Union has denied halting the use of AstraZeneca’s COVID-19 vaccine but will target its use in countries that are yet to report...

Burundi, Tanzania excluded from the WHO’s COVID-19 vaccine rollout to African countries

The World Health Organisation (WHO) has excluded Burundi and Tanzania from the list of African countries set to receive COVID-19 vaccines through its COVAX...

Africa to receive COVID-19 vaccines by end of February, says WHO-led alliance

Africa will begin receiving COVID-19 vaccines from the COVAX scheme by the end of the month, with millions of doses of AstraZeneca shots already...

Headlines

How Mozambique’s history of violence is dashing hopes of economic progress

There is no saying that is so common in the minds of Mozambique citizens above the age of 40 than, “Here we go again.”

Why Equatorial Guinea’s bail-out plan with IMF crashed

Despite being promised an IMF bailout over a year ago, Equatorial Guinea is...

Magufuli’s economic policies lifted Tanzania despite COVID-19 criticism

In 2017, one president shocked the world when he issued an order...

1.5 million COVID-19 infections and a worst economic recession in 70 years, how can South Africa recover?

Last week, Statistics South Africa (SSA) gave out a breath of fresh air...

Accused of “COVID denials” Tanzania recorded fastest economic growth in Africa in 2020

As economies across the continent slipped into recession in 2020, Tanzania reaped...

Without government intervention, Ghana’s energy debt will hit $12.5 billion by 2023

Ghana is facing a potential economic crisis fueled by mounting energy sector...

Rich in oil, rich with poor people. The story of Gabon’s oil wealth and plunder

Selisu Mborantsuo locks his room and goes off to work. Since the...

Ethiopia’s PM Abiy won the war in Tigray. Now the economy is bleeding.

In November, Ethiopia’s Prime Minister Abiy Ahmed – a Nobel Peace Prize winner...

Why even a $461.6 million government bailout cannot help struggling Air Namibia

It’s crunch time for loss making Air Namibia with the government due...

Opinion

LAUNCH: THE STATE OF AFRICA 2020 CONFERENCE

Mansa Media in partnership with Afrochampions Initiative and ADS Group Launch "The...

New probe into Akinwumi Adesina could derail his quest for AFDB presidency

The African Development Bank which plays a key role in funding projects...

African Development Bank approves $288.5 million for Nigeria COVID-19 Response Support Program

The loan is the Bank’s initial response to help mitigate the slump...

Meeting Africa’s urgent liquidity needs while protecting its access to international markets

This Opinion is co-signed by the ministers of finance and / or...

Africa and the post-Covid19 World

Like it or not the coronavirus has fundamentally changed the way we...

Markets

How Mozambique’s history of violence is dashing hopes of economic progress

There is no saying that is so common in the minds of Mozambique citizens above the age of 40...

Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this southern African nation.

Nigeria’s economy exits recession with 0.11% growth in fourth quarter

Nigeria’s economy surprisingly came out of a recession in the fourth quarter, fuelled by growth in the agriculture...

DR Congo’s economy grew 0.8% in 2020 propelled by strong mineral activity

Democratic Republic of Congo’s economy thwarted a projected COVID-19 pandemic-induced recession in 2020 to grow 0.8% boosted by strong...

Zambia’s central bank raises benchmark rate as it scales back projects to ease debt relief talks

Zambia’s central bank has increased its benchmark interest rate to 8.5% from 8%, marking the first such raise since...

Nigeria’s economic woes prolong as inflation rate continues to rise

Nigeria’s annual inflation rate jumped 0.72% to 16.47% in January from the previous month, marking a 17th monthly increase...
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Without government intervention, Ghana’s energy debt will hit $12.5 billion by 2023

Ghana is facing a potential economic crisis fueled by mounting energy sector...

Rich in oil, rich with poor people. The story of Gabon’s oil wealth and plunder

Selisu Mborantsuo locks his room and goes off to work. Since the...

Ethiopia’s PM Abiy won the war in Tigray. Now the economy is bleeding.

In November, Ethiopia’s Prime Minister Abiy Ahmed – a Nobel Peace Prize winner...

Why even a $461.6 million government bailout cannot help struggling Air Namibia

It’s crunch time for loss making Air Namibia with the government due...

What’s next for Africa’s struggling aviation sector?

On March 5th, 2020 this writer took a flight from Nairobi to Cairo....

Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this...

Kenya’s manufacturing hub raised hope for the flailing SMEs sector. So why did it fail?

When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and...

Sorry environmentalists, Angola’s appetite for more oil is irresistible

Africa’s second largest oil producer has a problem, and it’s one that is...

Entrepreneur Watch

Another win for President Nguesso ensures Congo’s economic crisis will prolong

At 77, Congo’s President Sassou Nguesso is four times older than the average Congolese, whose median age...

Why Equatorial Guinea’s bail-out plan with IMF crashed

Despite being promised an IMF bailout over a year ago, Equatorial Guinea is still waiting for the funds...

1.5 million COVID-19 infections and a worst economic recession in 70 years, how can South Africa recover?

Last week, Statistics South Africa (SSA) gave out a breath of fresh air by announcing that the economy sprang...

Accused of “COVID denials” Tanzania recorded fastest economic growth in Africa in 2020

As economies across the continent slipped into recession in 2020, Tanzania reaped from its policy of not...

Without government intervention, Ghana’s energy debt will hit $12.5 billion by 2023

Ghana is facing a potential economic crisis fueled by mounting energy sector debt that could rise by...

Rich in oil, rich with poor people. The story of Gabon’s oil wealth and plunder

Selisu Mborantsuo locks his room and goes off to work. Since the start of the pandemic, he,...

Ethiopia’s PM Abiy won the war in Tigray. Now the economy is bleeding.

In November, Ethiopia’s Prime Minister Abiy Ahmed – a Nobel Peace Prize winner – shocked the world when he ordered a military invasion in...

Why even a $461.6 million government bailout cannot help struggling Air Namibia

It’s crunch time for loss making Air Namibia with the government due to make a decision on the fate of the carrier...

What’s next for Africa’s struggling aviation sector?

On March 5th, 2020 this writer took a flight from Nairobi to Cairo. As usual, the airport in Kenya’s capital, Jomo Kenyatta International Airport,...

Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this southern African nation. Since the beginning of...

Kenya’s manufacturing hub raised hope for the flailing SMEs sector. So why did it fail?

When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and very optimistic that within a few months he would be...

Sorry environmentalists, Angola’s appetite for more oil is irresistible

Africa’s second largest oil producer has a problem, and it’s one that is uncommon in a region beset with many challenges.

South African Airways receives additional $346 million from govt to pay retrenched staff

South African Airways has received a further $346 million from the Department of Public Enterprises, which the struggling airline will use to complete severance...

Africa Finance Corporation targets combining renewable infrastructure projects to attract more funding

Lagos-based Africa Finance Corporation (AFC) will shift its energy portfolio towards greener projects to attract greater investment from institutional partners, its new chief investment officer...

Technology

Mansa TV

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Kenyan flower sector decries losses due to lockdown in France

Thousands of farm workers in Kenya are on the verge of losing their jobs due to closure on sell of 'non-essential' items by supermarkets...

COVID-19: Hospitals embracing Tele-medicine to keep their business going as patients stay away.

With the rise in COVID-19 cases in Nigeria, hospitals are embracing telemedicine to keep their business going as patients stay away from their facilities due to risks associated with contacts. There has been a rise in remote consultation while tech companies in the country are rising the challenge of plugging the gap with telemedicine services.

Domestic flights re-opened in Nigeria with hike in flight costs

Domestic flights re-opened in Nigeria and despite hike in flight costs, flyers trooped out to travel to different destinations across the country after over three months of flight and inter-station travel restrictions.