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DON'T MISS : Talking Africa New Podcast – Coronavirus warrior Dr John Nkengasong is not happy about corruption in PPE procurement

Ghana

eco friendly

Replacing CFA with Eco ‘challenges the sovereignty’ of Nigerian naira

The Francophone countries coming together to replace the colonial currency, the CFA Franc with the Eco, may be “a major step forward and a ... positive thing,” says Andrew S. Nevin, Chief Economist, Nigeria Clients and Markets Leader at PricewaterhouseCoopers (PwC). But for Nigeria, the eventual uniformed adoption of the single currency challenges the sovereignty of its naira.

ROOTS TOURISM

Ghana leads in connecting Diaspora to its African roots

Protests against racism have erupted around the globe in recent weeks, sparked by the murder of a black man, George Floyd, at the hands of a ... white police officer in Minnesota, in the United States. This act of racial violence serves as a timely reminder of the racial inequalities that persist for black people around the world, African diasporas being no exception.

Virus Outbreak-Streaming

streaming recovery

Coronavirus: Now is the time to invest in Africa’s creative industries

Despite the effects of COVID-19, Africa’s young creative industries remain ripe for investment opportunities. African music, film, and fashion ... continue to gain global popularity, with companies like Netflix and Universal Music Group expanding their presence on the continent.

teen spirit

Ghanaian teen boosts harvest for small land farmers with his App

In the middle of a field, far away from the big cities, and often without any internet connection, how can technology serve any purpose to the ... farmers working the land? One Ghanaian teenager has an answer to that question.

Akinwumi Adesina, President of the African Development Bank, hugs U.S. President Donald Trump

whose scheme?

AfDB: The “Real” Geopolitics of the Adesina Affair

Yes, Africa has cause to be very alert about imperialism. But that is not the issue at the AfDB. ...

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curse dodger?

Ghana has tried to be responsible with its oil wealth. This is how

After Ghana discovered oil and gas in 2007, the government and civil society aspired to avoid the “resource curse”. This is when countries ... have an abundance of non-renewable natural resources but no economic growth.

The spread of the coronavirus disease (COVID-19), in Accra

perfect storm

Ghana: Debt repayments greater than health or education spending

Ghana was the first sub-Saharan African country to ease restrictions when it lifted lockdown measures on 20 April. The country’s Minister of ... Finance Ken Ofori-Atta argued the 21-day lockdown of Ghana’s biggest cities had become financially unbearable for most of the population, a concern that gave the government little choice but to lift the restriction.

Article 9/10 of "Corona Chronicles: 25 May – 29 May"

FILE PHOTO: Kaombo Norte floating oil platform is seen from a helicopter off the coast of Angola

POST COVID ERA

Post-coronavirus: More sorrow for Africa’s new oil and gas producers

The crash in oil and gas prices, triggered by the coronavirus pandemic and the slump in economic activity, has dealt a blow to the plans and ... public finances of major oil- and gas-producing countries. But a group of countries in sub-Saharan Africa once designated as “prospective producers” are facing a different challenge.

Article 2/10 of "Corona Chronicles: 25 May – 29 May"

French President Emmanuel Macron

death of CFA franc

France: One step closer to ending the CFA franc

On 20 May, the French Council of Ministers passed a bill modifying its monetary agreement with the eight member states of the West African Economic ... and Monetary Union (UEMOA), following the unexpected CFA franc reform announced this past December.

Andela

from bad to worse

Coronavirus: Andela, in search of a model, experiences run of bad luck

The pandemic has increased uncertainty among the start-up’s leaders as to the strategy to adopt to meet the needs of its market.
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