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Potential of the African Continental Free Trade Area Agreement

By Yohane Mbeeya Moono An Alumni of the Zambia Institute of Diplomacy and International Studies Reuters Trained Journalist The African Continent under the Pan-African Vision of “An integrated, Prosperous and Peaceful Africa” came up with the African Continental Free Trade Area Agreement. This is solely the brainchild of the Continental body the African Union. ThisContinue reading “Potential of the African Continental Free Trade Area Agreement”

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The World Economic Outlook for 2023

By Yohane Mbeeya Moono An Alumni of the Zambia Institute of Diplomacy and International Studies The Zambian Minister of Finance and National Planning on 30th September, 2022 presented the country’s National Budget for the year 2023. A number of interesting economic pronouncements were made in the National Budget. Among them is the projected real GrossContinue reading “The World Economic Outlook for 2023”

A Snapshot of Wealth in Africa

The continent of Africa contains more than 50 countries, but just five account for more than half of total wealth on the continent: South Africa, Egypt, Nigeria, Morocco, and Kenya. Despite recent setbacks in Africa’s largest economies, wealth creation has been strong in a number of areas, and total private wealth is now estimated toContinue reading “A Snapshot of Wealth in Africa”

KENYAN ELECTIONS: ODINGA CHALLEGES RUTO’S VICTORY

By Yohane Mbeeya Moono Kenya is one of Africa’s biggest economies and one of Africa’s preferred Tourist destinations. Kenya is home to over 50 million people. The country has long held the view that it is home to Africa’s growing democracies. The country recently conducted elections which have gone to the highest court of thatContinue reading “KENYAN ELECTIONS: ODINGA CHALLEGES RUTO’S VICTORY”

AfCFTA could boost African incomes by 9%, says World Bank report

Full implementation of the African Continental Free Trade Agreement (AfCFTA) could increase FDI by up to 159%, with positive impacts for trade and incomes. Charles Dietz Reforms set in motion by the implementation of the African Continental Free Trade Area (AfCFTA) could lead to a rise in foreign direct investment (FDI) that would boost incomesContinue reading “AfCFTA could boost African incomes by 9%, says World Bank report”

Only 9 African countries print their currency domestically.

In a continent of about 54 countries, 9 have the capacity to print their own currencies or mint their own coins. Nigeria, Morocco, Kenya, Algeria, South Africa, the Democratic Republic of Congo, Egypt, Sudan, and Zimbabwe are the only countries that have set up private companies and state-owned enterprises printing banknotes. Out of the remainingContinue reading “Only 9 African countries print their currency domestically.”

The Five Richest Countries in Africa for 2021

A trivia compilation by Rev Walter Mwambazi Here are the five richest countries in Africa according to GDP-PPP from bottom up for 2021 #5. Gabon $16,559*#4. Botswana $17,163*#3. Equatorial Guinea $18,698*#2. Mauritius $22,311*#1. Seychelles $28,060* As can be seen, Seychelles has more than double the earning capacity and wealth than South Africa factoring in theContinue reading “The Five Richest Countries in Africa for 2021”

Top 10 Most Visited Countries in Africa

1. Egypt πŸ‡ͺπŸ‡¬ – 13.6 Million 2. Morroco πŸ‡²πŸ‡¦ – 12.9 million Visitors3. South Africa πŸ‡ΏπŸ‡¦ – 10.5 Million Visitors4. Tunisia πŸ‡ΉπŸ‡³ – 9.4 million Visitors5. Algeria πŸ‡©πŸ‡Ώ – 2.6 million Visitors6. Zimbabwe πŸ‡ΏπŸ‡Ό – 2.4 million Visitors7. Mozambique πŸ‡²πŸ‡Ώ – 1.6 million Visitors8. Kenya πŸ‡°πŸ‡ͺ – 1.6 million Visitors9. Tanzania πŸ‡ΉπŸ‡Ώ – 1.5 millionContinue reading “Top 10 Most Visited Countries in Africa”

AFRICA’S LEADING “GOOD” COUNTRIES IN 2021 πŸŒ

1. South Africa πŸ‡ΏπŸ‡¦ (44th)2.Tunisia πŸ‡ΉπŸ‡³ (47th )3. Morocco πŸ‡²πŸ‡¦ (55th)4. Mauritius πŸ‡²πŸ‡Ί (58th)5. Rwanda πŸ‡·πŸ‡Ό (71th)6. Kenya πŸ‡°πŸ‡ͺ (72th )7. Uganda πŸ‡ΊπŸ‡¬ (73th) 8. Egypt πŸ‡ͺπŸ‡¬ (75th)9. Seychelles πŸ‡ΈπŸ‡¨ (76th)10. Liberia πŸ‡±πŸ‡· (79th)11. Zambia πŸ‡ΏπŸ‡² (81th) 12. Ghana πŸ‡¬πŸ‡­ (84th)13. Zimbabwe πŸ‡ΏπŸ‡Ό (86th) 14. Madagascar πŸ‡²πŸ‡¬ (89th) 15. Namibia πŸ‡³πŸ‡¦ (90th)16. Togo πŸ‡ΉπŸ‡¬ (95th)17.Continue reading “AFRICA’S LEADING “GOOD” COUNTRIES IN 2021 πŸŒ”