Nigeria’s plans revitalise export processing zones
17 May 2017 | 1:47 pm
Revitalising export processing zones by reviewing local fiscal and regulatory incentives is a key part of Nigeria's economic recovery and growth plan.
25 Nov 2022
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25 Nov 2022
Will India make the move to electromobility? Will robots rule the factory, farming, and even our own kitchens? Who will live in virtual space? And can genetic engineering make the meat, fish and dairy industries more sustainable?
21 Dec 2022
The past year has been one of challenges for households and businesses around the world. Russia’s invasion of Ukraine upset a tentative global economic recovery and created new challenges for governments and consumers alike. FRANCE 24's Business Editors Kate Moody and Charles Pellegrin look back at some of the biggest business stories from 2022.
Africa's pre-COVID-19 top five performing economies are projected to grow by more than 5.5% on average in 2023-2024 and to reclaim their position among the world's 10 fastest-growing economies. These countries are Rwanda (7.9%), Côte d'Ivoire (7.1%), Benin (6.4%), Ethiopia (6.0%) and Tanzania (5.6%).
The International Monetary Fund has raised its forecasts for the global economy for 2023, stating that growth has been “surprisingly resilient". However, it also said the UK is likely to be the only leading economy to head into recession in 2023.
Economic output grew by 0.1% in the last quarter of 2022 compared with the previous quarter, according to an early estimate.
The wave of mass layoffs continues to shake tech companies, from global giants to startups. With growing demand from consumers stuck at home and online, the tech sector went on a hiring spree during the pandemic. But since last year, as inflation rose and profits slowed, hundreds of thousands of workers have lost their jobs.
As the National People's Congress opened this year's session, China set an economic target of "around 5%" — one of the lowest in decades — and announced a 7.2% increase in its defense budget.
The S&P Global PMI output index said the growth was a sign the economy is reviving. The index added that the overall growth is still at a modest rate, with manufacturing taking a big hit still.
In the Indian district of Kishanganj, families have on average five children – the highest fertility rate of any district in India, soon to be the world's most populous nation.
During its annual Spring Meeting in Washington, the International Monetary Fund has revised its forecasts upward to 7 percent for global inflation this year and 4.9 percent in 2024. Those figures, above the target rate of 2 percent, will be contributing factors in slowing down growth, including for developing economies.
Sales of manga comic books are booming, both in Japan and the United States, thanks to innovative story lines that appeal across age groups, eye-catching graphics and the growing availability of titles online.
Amazon posted higher-than-expected revenues and profits for Q1 2023, but slowing growth in its profit-generating AWS cloud services sector sent shares tumbling after hours. Also in this edition: US economic growth slows sharply in the first quarter, and Paraguay's upcoming election on Sunday could have big geopolitical consequences for Taiwan.
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Victories in key Indian states put Prime Minister Narendra Modi in a strong position ahead of general elections in 2024. It was a blow for the Indian National Congress, leading an alliance hoping to unseat Modi.
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At least 20 people have been killed by floods after heavy rain in the Manyara region of northern Tanzania, the ministry of health said on Sunday, with video released by the Tanzania Red Cross Society showing muddy waters gushing down streets.
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Spotify, a digital music service, could be seeking to boost its profitability with the move. The Stockholm-headquartered company has never posted a full-year net profit.
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There is league football action to look forward to in the next couple of days; Much Maligned Manchester United goes up against an inconsistent Chelsea, Manchester City faces Aston Villa while Juventus locks horns with Scudetto holders Napoli to begin the Serie A weekend. My name is Ayomide Sotubo and here's our preview of these games on the Nutmeg on Guardian TV.
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Born in South Africa during apartheid, Pretty Yende grew up singing hymns with her grandmother on the way to church. This past May she dazzled Westminster Abbey at the coronation of King Charles, cementing her status as one of the world's most sought-after sopranos. Yende says her journey is proof that nothing is impossible.
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Destruction of the Amazon rainforest has significantly decreased since Luiz Inacio Lula da Silva was reelected Brazil's president. His government has strengthened the agency monitoring illegal deforestation.
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