economies
29 Jul
Revisiting its national hydrogen strategy (NHS), the German government foresees a huge need for hydrogen. It will need to import as much as 70% of it.
31 Dec 2022
Record inflation, high debt levels and weak currencies sent the cost of living soaring in many parts of sub-Saharan Africa throughout the year.
3 Feb 2021
As a result of oil production cuts, price instability, and disruptions in the oil supply chain, the case for diversification has intensified in Nigeria, which is why the current administration is making attempts to diversify Africa's largest economy away from crude to gold. How successful will the new quest be?
13 Jun 2020
The World Bank says the global economy is facing its deepest recession since World War II as a result of the coronavirus pandemic. Advanced economies are set to shrink 5 percent, while emerging economies are facing their first contraction in decades. Franziska Ohnsorge, lead author of the 2020 Global Economic Prospects report, tells FRANCE 24 that millions of people working in an informal capacity could slip into poverty despite government support. Also in the show: BP announces plans to slash 10,000 jobs as OPEC extends its oil production cuts.
24 May 2020
As South Africa and Nigeria’s government deliberates on easing lock-down restrictions and re-opening the economy, the bank of Ghana has left rates unchanged and the South African reserve bank is expected to cut rates again this week, for the third time this year. Joining CNBC Africa to unpack the Covid-19 economic ramifications on Sub-Saharan African economies is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking.
18 Mar 2020
Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.
5 Oct 2019
World Bank to support emerging economies as growth stumbles