Category Archives: Business

Benin Named Fastest Place to Start Business Online – Thanks to COVID ?

COTONOU, BENIN – Benin set up a service early in the COVID-19 pandemic to allow people to register their business online, and now the West African country is the world’s fastest place to start a business, according to a U.N. agency. Sandra Idossou, own…

COVID Pandemic Dampens Africa’s Economic Growth

Three years ago, nearly every country in Africa agreed to be part of a continental free trade area intended to lower tariffs and boost economies. But the agreement has yet to be fully implemented because of restrictions stemming from the COVID-19 pand…

Biden Administration Launches Initiative to Build US-Africa Trade

The administration of U.S. President Joe Biden has kicked off the Prosper Africa Build Together initiative by requesting $80 million from Congress to build trade and investment between the U.S. and Africa.Dana Banks, U.S. senior director for Africa at …

Biden Revives Trump’s Africa Business Initiative

The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. U.S. industry executives welcomed…

Efforts to Boost South Sudan Agriculture Found Lagging

While people in South Sudan have enjoyed independence for the past 10 years, one longstanding problem – food insecurity – still hangs over the world’s newest nation despite vast areas of arable land.A World Food Program report published in June said 60…

World Bank Says Zimbabwe’s Economy on Recovery Path

In a report this month, the World Bank predicts Zimbabwe’s economy will grow 3.9% this year even as the country sees an alarming rise in poverty levels, especially in urban areas. The report says a record 7.9 million Zimbabweans are “extremely” poor, e…