Economies in Africa had it rough in 2022 – DW – 12/31/2022

When Richard Gbewornyo graduated as a videographer in Accra, he was ready to go into the field and start shooting. But hardly any assignments came his way in 2022. He’s now an Uber driver in Ghana’s capital — although that puts very little in his pocket. “It’s difficult, very difficult, because I ventured into Uber and when I started

Nigeria, Ghana and two other African countries where Pele played football

Brazilian football icon, Pele was a man that loved Africa and had enormous belief in the capabilities of the continent as far as the round leather game is concerned. Though Pele’s famous prediction that an African team will win the World Cup was never fulfilled in his lifetime, a handful of countries on the continent

Equinix to Enter South African Market With DC in Johannesburg

Equinix, the world’s digital infrastructure company, announced plans to enter the South African market with a US $ 160 million data center investment in Johannesburg, adding to its present presence in Nigeria, Ghana, and Cote d’Ivoire on the African continent. The new data center is expected to open in mid-2024. South African Market With its

Putin Ignores South Africa In New Year Messages To BRICS Leaders

By Kestér Kenn Klomegâh While a number of African countries largely depend on Russia and Ukraine for their regular supply of wheat and grains, even in spite of the persistent geopolitical warring situation, Zimbabwe has recorded its highest wheat harvest this agricultural production year. According to Agricultural and Rural Development Advisory Services, Zimbabwe has achieved

It was a tough Christmas for Africa in 2022

Food prices were up 150% on Christmas Day in Nigeria, and the prices of petrol and diesel had jumped by 32% and 180% respectively year-on-year.Photo: NNEKA CHILE (Reuters) While Christmas has always been an expensive time for most households, this year in particular was very difficult for most Africans. International money transfer company, World Remit,

‘Price pressures to continue in 2023’ – The Zimbabwe Mail

HARARE – The Zimbabwean dollar will be among the weakest currencies in the world next year, a new report shows. Since May, the southern African nation has instituted a number of policies to attempt to stop the local currency’s value from falling, including a new interbank rate, gold coins, legalising the usage of US dollars