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    Government Archives - Ecosystem Capital

    Governance in Africa regresses for the first time in a decade: Mo Ibrahim report

    African nations recorded the worst governance performance in 2019 for the first time in nearly a decade due to a widening deterioration in human rights, security, and rule of law, a survey published by the Ibrahim Index of African Governance (IIAG) indicates. IIAG is the most comprehensive survey of its kind on the continent rating […]

    Nigeria lifts ban on flights by Air France, Lufthansa, KLM, Qatar Airways

    Nigeria’s government has lifted a ban on flights to the oil producing nation by Air France, Lufthansa, KLM and Qatar Airways. The West African country barred a number of global airlines when it resumed international flights on September 5 following a prolonged lockdown aimed at halting the spread of the novel coronavirus. At the time, […]

    New dawn for Africa’s last occupied territory after Polisario Front quits Western Sahara 30-year cease fire

    Time flies everywhere in the world. But not in Western Sahara’s de facto capital, Tifariti. As European colonization in the African continent crumbled in the mid to late 20th century, it brought about euphoria and optimism of a splendid future of self-governance. That was similarly the case in Western Sahara, a country larger in size […]

    Tanzanian President Magufuli reappoints finance minister Mpango in new government

    Fresh from winning re-election, Tanzanian President John Magufuli has re-appointed Philip Mpango as finance minister and promised continued reforms to the mining sector as his government targets 8% annual economic growth in the next five years. Magufuli won a controversial poll in October that the U.S. State Department and election observers said was marred by […]

    South Africa opens all international travel as unemployment hits record 30.8%

    With South Africa battling record unemployment of 30.8% in the third quarter, President Cyril Ramaphosa has announced that travel to all countries will resume in an effort to boost the struggling tourism, aviation and hospitality sectors. Africa’s most advanced economy has the highest number of confirmed coronavirus cases in Africa, and fifth globally, with more […]

    Uganda’s government to finance road construction in neighboring DR Congo

    Uganda will finance projects to construct over 200 kilometers of road in its eastern neighbor –DR Congo, so as to boost trade between the two nations. The Democratic Republic of Congo is one of the poorest countries in the world, despite possessing unmatched size and wealth of natural resources. Decades of corruption, mismanagement, and conflict […]

    Ivory Coast’s cocoa production to drop by 60,000 tonnes

    Cocoa production in Ivory Coast will drop by 60,000 tonnes from last year’s production levels in a move that is set to shake up the global markets. Experts and traders believed that an increase in cocoa production would have an effect in lowering market prices resulting to reduced much-needed revenues for the government in Yamusukro. […]

    Kenya’s manufacturing hub raised hope for the failing SMEs sector. Like many other “record-setting projects” it has become a mirage.

    When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and very optimistic that within a few months he would be Kenya’s next millionaire. In January, reality dawned, and he had to painfully shut down his business after accumulating millions of shillings, not in profits – but debts and unpaid bills. Joseph […]

    IATA requests government Aid for airlines

    The international air transport association (IATA) is appealing to governments in Africa to provide emergency support to airlines because air transport they say supports 6.2 million jobs. The aviation sector has been badly hit by the coronavirus pandemic leaving many airlines fighting for survival. Besides flight cancellations by passengers; several countries have imposed a complete […]

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