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Egypt committed to supporting African countries to achieve success for AfCFTA: PM
Egypt “renews its commitment” to providing all forms of support to fellow African countries in order to ensure the success of the African Continental Free Trade Area (AfCFTA), according to Egyptian…
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Ethiopia, Tanzania now hold Africa’s largest livestock population
Ethiopia has the largest livestock than any other country in Africa, making the East African powerhouse the continent’s best destination for leather and meat factories.
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Asian stocks mostly higher; SMIC’s Hong Kong-listed shares plunge after U.S. blacklist
Asia-Pacific stocks were mostly higher in Friday trade despite the Pentagon decision added more Chinese firms to a blacklist of alleged Chinese military companies.
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European stocks close higher with U.S. stimulus, Brexit in focus
European stocks closed higher on Friday as investors monitored prospects of a U.S. stimulus package and a last-minute Brexit trade deal.
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Egypt’s poverty rate falls for first time since 1999
Egypt’s poverty rate declined to 29.7 percent in FY 2019/2020, down from 32.5 percent two years earlier, according to the poverty, consumption, and income research conducted by the Central Agency for…
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3 Saudi airports ranked as safest among Mideast, Africa airports
Three Saudi airports were featured among the Middle East and Africa (MEA) region's safest airports amidst the COVID-19 pandemic, according to the Safe Travel Barometer.
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China to reduce lending to Africa in the post-COVID-19 era
Chinese infrastructure lending to African countries is widely expected to slow over the next 1-2 years amid mounting debt sustainability concerns.
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Is Nigeria’s new banking act step in the right direction?
Nigeria's new Banks and Other Financial Institutions Act (BOFIA) 2020, took nearly 30 years in the making. While criticised for being a 'mixed bag', some argue its presence could provide opportunities…
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Africa needs COVID-19 vaccine for 60% of its population in 2-3 years
Africa’s top public health official says 60 percent of the continent’s population needs to be vaccinated against the coronavirus in the next two to three years.
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Uganda shields its financial stability amid Coronavirus, but risks remain
Uganda has so far succeeded in safeguarding financial stability, although risks remain as the east African country battles the economic effects brought about by the ongoing COVID-19 pandemic,…
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