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COVID-19 Has Resulted in Largest Global Economic Contraction in 80 Years, Say World Bank and IMF
The World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Cameroon’s Plan To Make Users Pay Import Duties on Mobile Devices Has Sparked Outrage
A new automated system for the collection of customs duties and taxes on imported phones and other electronic devices in Cameroon is not being welcomed.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Covid-19: Europeans Can Learn From Developing Countries
When looking at successful strategies, it is the experiences of other developed nations – like Germany and New Zealand – that are predominantly cited by journalists and politicians. There is an apparent unwillingness to learn from developing countries – a blind spot that fails to recognise that “their” local knowledge can be just as relevant to “our” developed world problems.
- Categories
- Coronavirus, Health Care, Technology
- Region
- Sub-Saharan Africa
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Analysis: Deutsche Bank: Is Egypt the New Darling of Emerging Markets?
The Egyptian economy is among the very few emerging markets (EMs) that is growing, and would continue to grow next year despite the novel coronavirus (COVID-19) pandemic shock, according to a new report released by Deutsche Bank.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Analysis: How Indian Companies Are Using Technology To Reach New Consumers
The majority of Indians don’t have access to indoor plumbing or electricity; many rural citizens, in particular, don’t have access to high-quality health care and school — but digital technologies have the potential to address many of those challenges.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: DFC Announces New Global Development Strategy To Catalyze $75 Billion by 2025
DFC aims to maximize global development impact and deploy new technologies, while continuing to support the response to the COVID-19 pandemic.
- Categories
- Energy, Finance, Investing, Technology, WASH
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Press Release: Solar-Powered Technology To Level the Playing Field for Women and Girls in World’s Poorest Countries
The Efficiency for Access Research and Development Fund has awarded 20 organisations a total of £2.9 million in funding for innovative, solar-powered appliance technology projects that will help to level the playing field whilst addressing the climate emergency.
- Categories
- Energy, Environment, Technology
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Press Release: Global Agriculture and Food Security Program Donors Announce $300 Million To End Hunger and Malnutrition
Today during the launch of the Global Agriculture and Food Security Program (GAFSP) Replenishment Period 2020-25, hosted by the German Federal Ministry of Economic Cooperation and Development (BMZ), donors increased their contributions to achieve Sustainable Development Goal 2 (SDG2) – a world with zero hunger.
- Categories
- Agriculture, Coronavirus, Investing
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