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The Ukraine War Could Hit Africa Harder Than the Pandemic
The IMF report urges African governments to address the local impact of the war, balance inflation and growth, and manage exchange-rate adjustments.
- Categories
- Agriculture, Coronavirus, Energy
- Region
- Sub-Saharan Africa
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Kenya Eyes $244 Million Budget Support From IMF
The International Monetary Fund (IMF) plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms in the face of Covid-19.
- Categories
- Agriculture, Coronavirus, Investing
- Region
- Sub-Saharan Africa
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World Bank Lowers Growth Outlook, Eyes $170 Billion Emergency Funding
Problems pushed the World Bank to target a new emergency financing window of $170 billion for the world’s lowest-income nations.
- Categories
- Coronavirus, Finance
- Region
- Global
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Analysis: Covid-19 Crushes Career Dreams of Young Latin Americans
Millions of students in Colombia and across Latin America, have been forced to leave higher education due to the economic fallout of Covid-19, experts say.
- Categories
- Coronavirus, Education
- Region
- Latin America
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Ghana to Start Producing Own COVID-19 Vaccines in January 2024
Ghana will start producing its own COVID-19 vaccines in January 2024, President Nana Akufo-Addo said on Wednesday in his State of the Nation Address in parliament.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Pfizer to Supply UNICEF up to 4 Million Treatment Courses of Novel COVID-19 Oral Treatment for Low- and Middle-Income Countries
Pfizer Inc. announced today an agreement with UNICEF to supply up to 4 million treatment courses of its COVID-19 oral treatment.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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How COVID-19 Is Reversing Energy Access in the Global South
Since the start of the pandemic, 100 million people have lost access to electricity. The off-grid renewable energy sector needs urgent support if progress towards the UN’s seventh Sustainable Development Goal, to ensure energy access for all, is to be maintained.
- Categories
- Coronavirus, Energy
- Region
- Global
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Pandemic Sends 4.7 Million More People Into Extreme Poverty in South East Asia – Asian Development Bank
The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said.
- Categories
- Coronavirus, Health Care
- Region
- South Asia