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Cryptocurrencies, Central Banks and the Caribbean: OP-ED By David Jessop
In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the U.S. Dollar. The country’s president, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the
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Source: https://vifreepress.com
Kenya: Small-Scale Farmers to Get Sh3 Billion in Stimulus Package
Small-scale farmers will receive Sh3 billion from the stimulus package announced by President Uhuru Kenyatta through an e-voucher system, which subsidises
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Source: allAfrica.com
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Tanzania $15b Budget Banks On a Quick Economic Recovery
In his budget presentation in the capital Dodoma, Finance minister Philip Mpango said government evaluations show the country had not been too badly affected by the pandemic, allowing it to raise its growth forecasts and maintain a firm financing schedule for ongoing development
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Source: allAfrica.com
Lilia Burunciuc appointed new World Bank country director for the Caribbean
Lilia Burunciuc is the new World Bank Country Director for the Caribbean, effective July 1. Burunciuc will be based in Kingston, Jamaica.    In a statement, the World Bank stated that she brings a wide range of development experience...
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Source: Jamaica Gleaner
Market prices - Stabroek News
The article Market prices appeared first on Stabroek News.
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Source: Stabroek News - Guyana's Most Trusted Newspaper
Sudan: Weekly Press Columns Digest
[SudaNow] Khartoum -- The recent revelations of Egypt's President Abdelfattah Alsisi in which he uttered a veiled threat to Ethiopia over the Renaissance Dam issue, the spectacular triumph of Sudan's soccer national team over its South African counterpart that propelled the Sudanese side to the
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Source: allAfrica.com
World Bank approves another US$6m for Guyana’s COVID response - Stabroek News
The World Bank today approved US$6 million ($1.2b) in additional financing for the Guyana COVID-19 Emergency Response Project to support affordable and equitable access to COVID-19 vaccines and ensure effective vaccine deployment in
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Source: Stabroek News - Guyana's Most Trusted Newspaper
Rwanda: Remittances to Rwanda Plummet By 16% in March
Remittance inflows to Rwanda decreased by 16 per cent in March from Rwf22.5 million, according to the latest data from the National Bank of Rwanda
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Source: allAfrica.com
Nigeria: President Rejects States' Plan On Unilateral Takeover of DISCOs
CBN, others seek solutions to distributors' indebtedness to banks
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Source: allAfrica.com
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Egypt: Okonjo-Iweala, Akinwumi Adesina and Our Friend, Egypt
Just as we were still grappling with developments in the African Development Bank, with Nigeria seemingly headed for a one-on-one with America over a second term for Dr. Akinwumi Adesina, the news came of Nigeria throwing the hat of Dr. Ngozi Okonjo-Iweala in the ring for the office of
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Source: allAfrica.com
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THOUSANDS IN PATH OF ERUPTING VOLCANO IN CONGO FLEE TO RWANDA – The Wilmington Journal
An erupting mountain of fiery red flames from one of the world’s most active and dangerous volcanoes shook residents of the city of Goma, Democratic Republic of Congo, sparking a panicked exodus by thousands to [...]
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Source: The Wilmington Journal
Editorial Comment: Rising poverty: Govt needs to act fast - NewsDay Zimbabwe
PRESIDENT Emmerson Mnangagwa’s government must put its house in order, immediately. Under his watch, Zimbabwe has become one of the most unequal The post Editorial Comment: Rising poverty: Govt needs to act fast appeared first on NewsDay Zimbabwe.
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
South Africa: S. Africans Protest Police Brutality Against Poor Under Lockdown
The police watchdog is investigating at least 10 deaths at the hand of law enforcement under a coronavirus lockdown
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Source: allAfrica.com
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Remittance To The Caribbean, Latin America Grows Despite COVID-19 - Haiti News
Remittance flows to Latin America and the Caribbean grew despite the COVID-19 pandemic, the World Bank said today. The post Remittance To The Caribbean, Latin America Grows Despite COVID-19 appeared first on Haiti News.
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Source: Haiti News - Daily News from Haiti
New Technologies Offer Hope For Cheaper Money Transfer In Sub-Saharan Africa | The Florida Star | The Georgia Star
NAIROBI, Kenya — Henrik Maehle, a Norwegian-born business development professional, recently transferred $3,707.59 from his Norwegian bank, DNB Norway, to Absa Bank Kenya, then to the Standard Chartered Bank in Kenya for the apartment he is renting in Nairobi. However, he has yet to receive his
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Source: The Florida Star
US wants strict conditions on coronavirus aid for 'countries like Zimbabwe'
The United States has expressed its misgivings about a US$7 million grant the World Bank extended to Zimbabwe to help fight the coronavirus
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Source: https://www.news24.com
Web Portal of the Government of Saint Lucia
THE WHITSUNTIDE WEEKEND WELCOMED OVER 2300 VISITORS TO THE DESTINATION.
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Source: Government of Saint Lucia Web Portal
Nigeria: Inflation Pushed 7 Million Nigerians Into Poverty in 2020 - World Bank
[Premium Times] The lender says Nigeria's economic growth is being hindered by food inflation, heightened insecurity, unemployment and stalled reforms.
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Source: allAfrica.com
Africa: COVID-19 Is Busy Crashing the Capitalist System - Time for a Rethink and a Reboot
The popular protest slogan "People Before Profit" is being heard louder than ever, given the impact of Covid-19 on economies across the
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Source: allAfrica.com
Op-Ed: Cryptocurrencies, Central Banks and the Caribbean
This year has seen the Bahamas and the Eastern Caribbean introduce Central Bank Digital Currencies (CBBCs). Other nations are expected to do so soon. David Jessop believes that CBBCs could revolutionize Caribbean financial transfers, engage the unbanked, and do much to encourage intra-regional
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Source: St. Croix Source | online all the time since 1999
Nigeria: How Nigeria's Neglect of Oil Palm Pushed It Down Global Pecking Order
[Premium Times] Decades after being the leader in oil palm production in the world, Nigeria is currently an importer of the product due to negligence of the sector.
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Source: allAfrica.com
Africa: UN Calls for Better Remittance Services At Lower Cost
[VOA] The United Nations is urging reforms that make it easier for migrants to send money back to their home countries, as it observes its annual International Day of Family Remittances.
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Source: allAfrica.com
South Africa looks to green infrastructure bond to spur growth
Government is considering selling a green infrastructure bond worth tens of billions of rand as part of its biggest drive ever to kick-start private investment in projects ranging from energy to water
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Source: TechCentral
Africa: Covid-19 - Global South Responses Have Shown Up Social Policy Challenges - and Strengths
[The Conversation Africa] The COVID-19 pandemic is more than a health crisis. It has also revealed other fault lines such as weak and inadequate social service delivery systems and institutional challenges. The poverty and inequality fault lines are unlikely to be redrawn or removed if new and
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Source: allAfrica.com
Counties to benefit from Sh25 billion 5-year small-scale fish farming project
Agriculture Cabinet Secretary Peter Munya said the initiative was targeted at ensuring increased efficiency.
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Source: https://www.standardmedia.co.ke
Bridge Academies backs pupil death investigation
Bridge Academies backs pupil death investigation
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Source: Business Daily
African economic and social awakening: Lessons from Singapore
Singapore is a relatively young country, like many in Africa, but is now globally considered as an example to follow in terms of sustainable economic
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
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Labour minister says PATH payment system being reviewed
NEWLY appointed Minister of Labour and Social Security Mike Henry confirmed yesterday that the ministry is reviewing the control system for applicants seeking PATH grants under the COVID-19 Allocation of Resources for Employees
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Congo govt delegation surveys volcano damage as frustration grows | Africanews
The toll Monday increased from 22 to 32, and was likely to continue rising, according to Joseph Makundi, head of Civil Protection for the North Kivu province
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Source: Africanews | Latest breaking news, daily news and African news from Africa
SA unemployment hit record high - before Covid-19 hit
South Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data showed on Tuesday, highlighting weakness in the economy even before it was battered by the Covid-19
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Source: TechCentral
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