Top Tweets for #afronomics
What does AI sovereignty actually look like for Africa? Dr. Chinasa Okolo, contributor to the African Union's AI strategy, joins #Afronomics to discuss data governance, context-specific solutions, and Africa's path forward. Listen here 🎧 https://t.co/EZm3DVTBBz
Afronomics law TEAIL conference about to begin 🔥 🔥 follow up the livestream here: https://t.co/R7kZNCF5w8 #Afronomics
@chioneso98 offering remarks based on her Chapter contribution to the book. #afronomics book launch #africaclimatesummit
Angola recently opened a new plant that will increase the country’s fuel production to 1 580 000 liters a day. This will reduce the dependency on fuel imports by 15%.The country plans to build 3 more refineries in the next coming years. #Afronomics
BioNTech, a pharma company, broke ground creating a vaccine that will treat diseases like Covid-19, malaria, tuberculosis and HIV for many individuals in Africa.
#Afronomics #Vaccine #mRNA
Due to a decline in cases, hospitalizations and reported deaths the fifth wave of COVID-19 is concluded to have no traumatic impact. Therefore South Africa has decided to repeal #Covid-19 rules.
#Afronomics #vaccines
After fighting for 20 months, The South African minister of Trade, Industry and competition Ebrahim welcomes the WTO’s agreement that waives COVID-19 vaccine patents.
#Afronomics #WTO #Covid-19 #Vaccines #SouthAfrica
In April, exports from Senegal stood at FCFA231.9bn against FCFA340.6bn the previous month, a decline of 31.9%.
#Afronomics #Senegal #exports
Digital giants operating in #Tanzania may have to start paying 2% tax by July this year. The announcement follows discussions in April between the Tanzania Revenue Authority and the US giant Meta, the parent company of Facebook, Instagram and WhatsApp.
#Afronomics #fiscalpolicy
#IMF Board approved a $60mn three-year extended credit facility arrangement for Cabo Verde. The financing will help protect the nation from the lingering impact of the #COVID -19 pandemic and the spillover effects of the war in #Ukraine.
#Afronomics #CapeVerde #fiscalpolicy
Rwanda's economy grew by 7.9% in 2022Q1 compared to 3.5% recorded in 2021Q1. Ivan Murenzi, of the NIRS, said the performance was buoyed by the accelerated growth in key economic activities compared to slow growth in the previous quarter.
#Afronomics #economics
#Rwanda
AfCFTA will promote use of local currencies to boost trade amongst African countries. #AfCFTA has partnered with the #Afreximbank to facilitate intra-Africa #trade.
#Afronomics #Currency #African
African households received $94bn in remittances last year, a 13% increase from 2020, according to a report by the International Fund for Agricultural Development’s Financing Facility for Remittances.
#Afronomics #Remittances #developingcountries
The World Bank has provided $195mn in financial grants to support Ethiopia's healthcare sector, with particular emphasis given to intensifying the country's COVID-19 vaccination efforts, the Ethiopian Ministry of Finance announced. #Afronomics #Ethiopia #WorldBank #publichealth
Ghana’s inflation rate jumped to the highest level in more than 18 years in May as food and transport costs surged. Annual inflation accelerated to 27.6%, the fastest pace since January 2004, from 23.6% in April. #Afronomics #economics #fiscalpolicy #Ghana
The extra cost of government subsidies for petroleum products is expected to overshadow the oil revenues, which rose from CFA562bn to CFA806bn (+43.4%) in the Amending Finance Law. #Afronomics #Cameroon #economics #fiscalpolicy
Côte d’Ivoire's Minister of Economic Planning and Development says the economy is expected to grow by 7.2% in 2022. #Afronomics #economics #fiscalpolicy #petroleum
Kenya's exports to other African countries rose 20% y/y in 2022Q1 as the country's efforts to expand its trade ties with various nations paid off, the Central Bank of #Kenya (CBK). Exports increased from $587mn (KSh68.7bn) in 2021Q1 to $702mn in that period. #Afronomics #trade
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