Economy

Economy: News and information related to the economic domain in Africa. This is one of the first questions of the African diaspora: how to develop the economy of his country and his continent?

 

Everyone looks at the GDP of African countries to anticipate developments, understand the issues and try to improve the condition of the many countries of the continent. The economy is of course closely linked with politics, with power. But it is based on the businesses of each, on a daily basis.

 

We must make sure to highlight the good and the bad around the African continent. That’s why with Afrikatech, I try to answer the question and share the economic news of the continent’s payroll. But not only. My goal is to define what are the economic prospects and how to go in the right direction.

 

For this, entrepreneurship and investment are two essential pillars. The Africa of tomorrow is being built today, together.

Coronavirus (COVID-19) proof and digital age, there are many brands that stand out from the crowd, off the beaten track. This is the case with “fintechs”. These are companies (sometimes start-ups) that operate in the field of technological and financial innovation, with an interest in online payment, cash, and even mobile money. In Africa, we …

What does e-commerce consist of? With the expansion of digital and internet in Africa, more and more sectors are finding themselves influenced by this trend. From mobile telephony to healthcare to banking services, the commerce sector is no exception. E-commerce or electronic commerce offers transactions for the sale and purchase of products and services on …

What makes up the Ethiopian economy? Ethiopia currently has a population of 112,411,076 million. Ethiopia’s economy is based on agriculture: 85% of the population is farmers. Despite difficult climatic conditions, the Ethiopians succeed in cultivating roses, grapes, all kinds of varieties of cereals, peanuts, fruits and vegetables, tea (production, processing and export), coffee, (with its …

South Africa is ranked among the top African economic powers (behind Nigeria). Its economy is a combination of an economy comparable to those of western industrialized countries and that of an emerging market. Member of several institutions including the G20 (of which it is the only African member), BRIC (Brazil, Russia, India, China; which becomes …

Africa has a large number of untapped arable land reserves. Despite the fact that agriculture contributes more than 62% of the continent’s gross domestic product, it continues to import more than $ 4 billion in food products. Agriculture has a prominent place in achieving Africa’s development goals. As a motor of job creation, agriculture constitutes …

Put simply, cryptocurrency refers to private money. In other words, this currency is not issued by any government or traditional monetary body like central banks or any other financial institutions. Crypto currencies (yes there are several) are issued through blockchain technology. They are governed by a code secured by cryptography, making them inviolable. The scams …

GAFA simply represents the four (04) most powerful companies in the digital world: Google, Apple, Facebook and Amazon. An “M” referring to Microsoft is sometimes attached to this acronym. These giants of Silicon Valley have taken a prominent place in our daily lives and have even “given birth” to little ones called NATU: Netflix, Airbnb, …

In general, any substance, organism, medium or object present in nature without human action and which in most cases is used to meet human, animal or plant needs is a natural resource. . As the population and the human ecological footprint grow relentlessly, the sustainable management of natural resources has become a major issue. Africa …

Renewable energies have been on the rise in Africa in recent years. Many institutions feel more concerned with preserving the environment. This is the case of the African Development Bank, which announced on September 23, 2019 at the United Nations Climate Action summit that it will no longer invest in coal. Coal is a resource …

Renewable energies. They represent one of the most important challenges in the world, at a time when environmental issues are harming fossil fuels more than ever. But still, they represent great opportunities for anyone wishing to get into this still little or underexploited sector. International organizations and governments are taking the lead in implementing projects …

In Africa, traditional female entrepreneurship is quite informal, but more or less widespread depending on the region. It should be noted that women entrepreneurs stood out, and still stand out today through their micro-activities whose income allows them to meet the needs of their families. Governmental, non-governmental and even international institutions have set up, over …

What is Coin Afrique? Coin Afrique is an exclusively mobile community platform for classified ads designed to buy and sell products in French-speaking Africa in a very simplified way. It was founded in 2015 by Matthias Papet, an expert in new technologies and e-commerce, who acts as Chairman and Eric Genêtre, who provides administrative and …

The World Economic Global Forum is an international organization created to facilitate cooperation between the public and the private. It has produced reports on the economic competitiveness of countries since 1979. Economic competitiveness according to the World Economic Global Forum is defined as “the set of institutions, policies and factors that determine the level of …

Diamond is an extremely beautiful gemstone composed of crystallized carbon. By this beauty it attracts many jewelers and because of its extreme hardness understood by resistance, it is used for certain needs in the industrial sector. The diamond can be white, yellow, brown, orange, green, purple, blue or red. Since the 1870s, gem-quality diamonds have …

Ghana has had its own currency, the Ghanaian cedi for over 50 years. Currency having undergone a “mutation” in 2007 (1 new cedi worth 10,000 old cedis). On the other hand, in 2014 it experienced a fall, not due to the new policy of the US Federal Reserve, but quite simply to Ghana’s multiple deficits. …

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