[This Day] The International Monetary Fund (IMF) has predicted that inflation rate in Nigeria will rise to 13.5 per cent in 2019.
[Vanguard] The Economic Community of West African States (ECOWAS) is set to enhance sustainable electricity access through solar in 19 West African countries and the Sahel region to promote development in the region.
[Deutsche Welle] Billions of dollars in remittances flowed to Africa in 2017. The money could go further if it wasn’t more expensive to send money to Africa than anywhere else in the world, a new World Bank study finds.
[African Arguments] The Grand Inga dam could transform the Congo and the continent, if only it didn’t keep getting bogged down.
[Daily Maverick] Experts believe that Nigeria’s capital city, Lagos, can be energy-sufficient if it can tap into the latent power of its organic garbage, so why has an innovative project to turn food waste into power been abandoned, leaving millions of Nigerians in the dark? By ADELANA OLAJIDE.
[Financial Gazette] Zimbabwe now seeks to use gold proceeds to secure a loan to clear debt arrears with multilateral lenders, as its $1,8 billion debt clearance plan appears to lose momentum.
[AfricaFocus] Editor’s Note
[Monitor] Kampala -The World Bank has confirmed it will continue to disburse moneys to support the Water Development and Management Project (WMDP) after a mid-term review found the performance of projects under the Ministry of Water and Environment and National Water and Sewerage Corporation (NWSC) satisfactory.
THERE is a clamour down the tiny alleyways of Kano’s central market, in northern Nigeria, as vendors thrust fabrics at passers-by, promising the best colour, quality and price. Amid the racket, Alhaji Zakari sits cross-legged on his countertop, surrounded by materials marked “Made in Côte d’Ivoire”.
[Fahamu] For years, the program has been associated with human rights abuses and the forced relocation of indigenous communities while paving the road for large-scale land grabs. These issues were highlighted in a report by the World Bank’s own independent Inspection Panel in 2015.