GDP
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News
Higher commodity prices drove up public revenues in Africa in 2022
KAMPALA, December 13, 2024: Tax revenues rose across African countries on average in 2022 due to higher commodity prices, according to new data published early this week. Revenue Statistics in Africa 2024…
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News
African leaders want continent’s natural assets worth trillions of dollars to be part of measuring GDP of countries
BAKU, November, 19, 2024 – African Heads of State and government are calling for the continent’s vast natural capital to be considered when measuring their countries’ Gross Domestic Product [GDP]. In a…
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News
Afreximbank calls for increased collaboration to accelerate the green energy transition in Africa
WASHINGTON D.C., October 31, 2024 — The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., days ago under-scored the need for African nations to strike a balance…
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News
AfDB supports Biashara Africa 2024 Business Forum
KIGALI, October 16, 2024 — The African Development Bank has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held recently in Kigali, Rwanda. The meeting, organised by…
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News
Make Domestic Resource Mobilisation Work for Africa’s Structural Transformation
By Adamon Mukasa and Anthony Simpasa KAMPALA, August 31, 2024 — The implementation of the United Nations’ Agenda 2030 for sustainable development and the African Union’s Agenda 2063 hinges on Africa’s ability…
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News
IFFs hamper Uganda’s development, economists speak out
KAMPALA, August 12, 2024 – Illicit financial flows [ IFFs ] continue to stand in the way of Uganda’s economic growth, and development, according to some economists, and policy analysts. According to…
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News
Agro-industrialisation, tourism and mineral devt to expand Uganda’s economy
KAMPALA, June 14, 2024 – Uganda’s growth strategy for the 2024/2025 financial year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and innovation, the Minister of…
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Cooperatives & Communities
Cooperatives present at the launch of the B20 in Brazil
RIO DE JANEIRO, February 1, 2024 – Brazilian Organisation of Brazilian Cooperatives [OCB] represented the International Cooperative Alliance [ICA] at the Business 20 [ B20 ] opening event. This event was organised…
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Africa
New Global Alliance for Women’s Health could help boost global economy by US$ 1trn annually by 2040
DAVOS-KLOSTERS, January 18, 2024 – A new World Economic Forum report released today shows that closing the women’s health gap would allow more women to live healthier, higher-quality lives, and provide an…
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Africa
AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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