COVID-19

African Economic Activity Threatened by New Monkeypox Virus Outbreak

3 months ago

A recent study by Fitch Ratings indicates potential negative consequences of Monkeypox infections for economic activity and public finances in African countries. The virus, which was first identified in Central Africa, is expected to impact the already fragile economic situation of the continent, given the lingering effects of the COVID-19 pandemic and current economic challenges.

Apple Announces CFO Change Amid Meta's Pressure on COVID-19 Posts

3 months ago

In recent news, Apple is discussing a significant change in its leadership — the appointment of a new Chief Financial Officer (CFO). This decision comes amid increasing pressure on Meta in light of public reactions to social media posts regarding COVID-19. Current events highlight the importance of financial management in times of high uncertainty and public disputes.

Africa Faces Record Sovereign Debt Exceeding $1 Trillion

3 months ago

According to data provided by the United Nations, African countries are facing the highest level of sovereign debt in their history. The current total amount of sovereign debt on the continent exceeds one trillion dollars. These figures indicate a growing financial burden on many economies that have already suffered from the impacts of global economic crises, including the effects of the COVID-19 pandemic and rising food and energy prices.