Mozambique officially joins the African Continental Free Trade Area this month (June), a move that is expected to further boost the national economy. Membership could help reduce the cost of consumer goods, increase employment opportunities by boosting Foreign Direct Investment, as well as...
Bissau-Guinean economist Carlos Lopez considers the debts of African countries to be "ridiculous" compared to northern countries. He was speaking in the aftermath of the recent meeting of the Summit for a New Global Financial Compact, which took place in Paris. Among the most debated topics were the sovereign debts of the most vulnerable countries, which weigh so heavily on...
African states are working on utopias that are important for development, one of which is the creation of a single currency to circulate throughout the African continent, argues analyst Calton Cadeado. "We have reached a level of blockage that does not allow us to believe in achieving this utopia within the framework of the 2063 agenda," said the analyst in a...