How Nigeria plans to revive its aviation sector post-COVID-19

Despite COVID-19, up to 50,000 Israelis have been flying to Dubai since last November. The UAE is adapting to the new clientele as mutual business interests start to take off.

Farmers in Nigeria are currently shutting down poultries and other livestock hubs due to the scarcity and high cost of available commercial feed caused by a shortage of maize and soymeal.

After Olympics organisers announced a ban on spectators from abroad, those working in Japan's tourism industry are counting their losses. Experts say the impact will be limited compared to the much larger blow brought by the pandemic, adding there is hope that tourism will rebound as life moves towards normality.

“The economy will recover and as it recovers from the effect of the pandemic, I do see a period of some growth,” Toyin Adeniji, Executive Director of the BOI said in a chat with GuardianTV. She said the country has had time to “build some business-friendly policies” that will make Micro Small and Medium Enterprise (MSME) cluster.

Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities. This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.

CBN eyes increased private sector investments in healthcare infrastructure

The National Institute of Marketing of Nigeria has advocated more support for Small and Medium Enterprises in the post COVID-19 era.

Ivory Coast, the world's top cocoa producer, is facing mounting demand from Western consumers for ethical chocolate -- a product that is ecologically sound and made without child labour. In a widely publicised operation named Nawa 2, police picked up dozens of children in a crackdown in Soubre, the country's cocoa-producing heartland 400 kilometres (250 miles) west of the economic capital Abidjan.

Hotel and restaurant workers hope Cuba's decision to gradually reopen its border from November 15 will be a boost for business.

In Nigeria, the government has launched a drive to revive the country's once thriving palm oil business, part of a bid to diversify away from petroleum and help create jobs. But small-scale producers say that loans from the Central Bank of Nigeria are only going into the pockets of bigger factory owners.

Nigeria’s economy has not been all rosy for a few years and people’s purchasing power has taken a massive hit as unemployment rates are spiking. The COVID-19 pandemic worsened the situation, plunging the economy into the second recession in less than five years. GuardianTV spoke with these women whose main income comes from driving commercial minibus 'Korope' and tricycle 'Maruwa' through the chaotic road of Lagos, Nigeria to make ends meet.

Chinese property developers have met with a government think tank, amid increasing concern over the real estate sector's heavy debt burden. The liquidity crisis goes well beyond the high-profile firm Evergrande. Also, Australia unveils a €114 million investment aimed at boosting sales of electric vehicles, and Virgin Galactic sells another 100 tickets for sub-orbital space flights.