Tag: Economy Africa
“The French government is not there to denounce private projects”
On February 21, 2023, Dar es salaam gave its final go-ahead to the East Africa Crude Oil Pipeline (EACOP), a controversial project to link Uganda’s Lake Albert fields to the…
sharp rise in consumer prices for households
In Madagascar, consumer prices for households increased by 10.8% between November 2021 and November 2022. A “ galloping inflation », say the economists of the National Institute of Statistics, which…
shortages of banknotes invite themselves into the presidential campaign
Could the lack of cash derail the presidential election to be held on February 25 in the country? With our correspondent in Lagos, Liza Fabbian Endless queues and untraceable banknotes,…
cash withdrawal restrictions come into effect
From this Monday, January 9, Nigerians will only be able to withdraw 20,000 naira per day (42 euros), up to a limit of 500,000 naira per week (around 1,050 euros).…
Faced with food shortages and climate change, polyculture has “an interest”
According to a study by an international team of scientists published in the benchmark journal PNAS, mixing crops on the same field is one of the best solutions for securing…
significant rise in fuel prices after months of shortages
Prices at the pump are being updated since this morning in the Central African Republic, after the government’s decision to sharply increase fuel prices by 50 to nearly 80% depending…
For Gabonese, 2022 was the year of the explosion in the cost of living
The Gabonese, who are preparing for New Year’s Eve, remember that 2022 was a very difficult year. The Covid-19 pandemic and especially the consequences of the war in Ukraine have…
load shedding forces companies to reduce activity and cut jobs
In South Africa, after a lull for Christmas, power cuts resumed with a vengeance at the end of the year. At issue: aging coal-fired power plants that regularly break down…
relaxation of restrictions on cash withdrawals
In Nigeria, the Central Bank (CBN) is still in turmoil, after its decision to replace banknotes with new ones and drastically limit cash withdrawals from January 9. Faced with numerous…
Joe Biden welcomes close cooperation with Africa
US President Joe Biden addressed his peers at the end of the Africa Business Forum, which occupied the second day of the meeting, to welcome concrete results. With our correspondent…