COVID-19: AfDB Forecast $88.3bn Drop In Africa’s GDP     The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging economies globally could cause Africa’s Gross Domestic Product (GDP) to drop by between $22.1billion and $88.3billion. According to the Bank, before the advent of...

African Air Travel Market Plunges By 98.7%   Airlines in Nigeria and other African countries hit the rock bottom in the month of April, with passenger traffic dropping by a whopping 98.7 per cent. A regional travel estimate recently released by the International Air Transport Association (IATA),...

Africa Akinwunmi Adesina (AFDB): Any Conspiracy From The Western Block? By Jimoh Ibrahim, OFR, CFR Please wait a minute; it is about corporate governance! Yes, in a simple bank matter, and what is more, as Wolfensohn will say, corporate governance is about promoting corporate fairness, transparency,...

Lockdown: Africa Loses $65.7bn Monthly - ECA     The Economic Commission for Africa (ECA) has released a new report proposing to African nations various COVID-19 exit strategies following the imposition of lockdowns that helped suppress the spread of the COVID-19 in the region but with devastating...

COVID-19: Can Africa Afford Lockdowns? By Chukwuma Charles Soludo   This piece summarizes my contribution to an African debate. From Johannesburg to Lagos, Cairo to Dakar, Kinshasa to Kigali, Nairobi to Accra, etc the debate on how Africa should respond to the global coronavirus (Covid-19) pandemic is...

Africa Needs $100bn Economic Stimulus - Finance Ministers   Africa needs an immediate emergency economic stimulus to the tune of $100bn, owing to the COVID-19 outbreak, the African finance ministers have said. This is contained in a statement by Communication and Media Relations Department of the group,...