The implementation of the African Continental Free Trade Area (AfCFTA) has the potential to revolutionize the continent’s economy and spur innovation. The primary goals of the AfCFTA, which has been signed by 54 African states, is to increase the amount …
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The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately.
Whenever the Central Bank changes the monetary policy rate, otherwise known as the discount …
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Amidst upheavals related to the ongoing COVID-19 pandemic and the war in Ukraine, the 2022 World Economic Forum meeting of global leaders in Davos, Switzerland still managed to touch upon the topic of climate change. A high-profile discussion, led …
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Cannabis is a drug crop with a long history in Africa. Alongside coca and opium poppy, it has been subjected to international control for nearly a century. The International Opium Convention of 1925 institutionalised the international control system and extended …
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Africa celebrated the official launch of the world’s largest customs union – the African Continental Free Trade Area (AfCFTA) – a little over a year ago, ushering in a new era of pan-African trade.
But this is just a step
Somaliland has been on a charm offensive for three decades trying to persuade the rest of the world to accept its statehood. While its quest for recognition has largely failed, its determination appears to be paying off because it has …
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Nigeria’s inflation rate increased by 0.22 percent to 15.92 percent in March 2022. We can attribute the increase in the prices of goods and commodities to the rise in the consumer price index (CPI). Still, the fluctuating exchange rate also …
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Over the last three decades, India has experienced a miraculous economic transformation. Less than 40 years ago, nearly half of all Indians lived below the poverty line, and globally, the state received the highest levels of development aid. Today, India …
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The ongoing escalation of the Russo-Ukrainian War has once again thrown into the spotlight the role the United Nations (UN) can play in an emerging humanitarian crisis. While UN member states, against Russia’s objections, passed a resolution to condemn the …
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Since the beginning of the offensive against Kiev, one snapshot has been a favourite on social media: it shows a man presented as the chief of the Kremlin alongside former presidents Samora Machel and Emmerson Mnangagwa. But its authenticity is
