AngolaCape Verde

Pandemic increases Africa's debt to 70% of GDP

Covid-19 is expected to increase Africa’s debt to about 70% of the Gross Domestic Product (GDP), concludes a report presented Tuesday that considers the pandemic to be “an unprecedented threat” to financing the continent. “Covid-19 poses an…
PoliticsWorld

Often-lectured Africa sees irony in US political violence

As they watched a violent mob smash into the US Capitol, some in Africa could not help but see a little irony in the chaos incited by President Donald Trump, who once famously called African nations “shitholes”. Others across the continent offered Washington…
SocietyWorld

Poverty rate in Africa regresses to 2011 levels

The regional director of the United Nations Development Program (UNDP), Ahunna Eziakonwa, said today that a poverty rate on the continent could return to 2011 levels due to the effects of the Covid-19 pandemic. “A 5% drop in gross domestic product (GDP) per capita…
EconomyWorld

Travel restrictions in Europe impacting tourism in Africa

European countries’ travel restrictions related to the covid-19 pandemic could cause the African continent to lose 17.4 million jobs and 102 billion euros by the end of the year, according to a report by the Tony Blair Institute. The report estimates the economic…