US-Nigerian fintech company Flutterwave has created an e-commerce platform for small African businesses to set up online, to help them function during coronavirus lockdowns.
The projections are contained in a new WHO Africa study based on assumptions that no containment measures are put in place, which has fortunately not been the case, WHO Africa head Matshidiso Moeti told reporters in a teleconference.
Simon Quijano-Evans, chief economist at Gemcorp, discusses emerging markets.
As the coronavirus pandemic halts travel to Africa, poachers are encroaching on land and killing rhinos in tourism hot spots now devoid of visitors and safari guides.
Famines of "biblical proportions" are becoming a serious risk as the coronavirus crisis threatens to double the number of people nearing starvation, a U.N. body has warned.
Hugh Evans, Global Citizen co-founder and CEO, tells CNBC's Tania Bryer his worries about the next frontier for the virus, and what the global response to the disease could mean for the future
Major international creditors will relieve the world's poorest countries of debt payments this year to help them deal with the coronavirus pandemic, France announced on Tuesday.
The African Union has projected a contraction across the continent's economies and the loss of almost 20 million this year amid the fallout from the coronavirus pandemic.
Around four miles southwest of the center of Nairobi, residents in Africa's largest 'slum' — the sprawling, densely-populated informal settlement of Kibera — are bracing for the coronavirus pandemic.
On social and state media, China continues to promote its shipments of medical supplies to hard hit countries in Europe and Africa.
The virus threatens to spread widely across Africa, where several countries have seen hundreds of positive tests, according to Johns Hopkins University.
As of Thursday morning, there were around 6,400 confirmed cases of the coronavirus in the whole of Africa, and governments across the continent are implementing robust measures in an effort to get out ahead of the pandemic.
Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic.
*All 50 states in the United States have reported cases of the respiratory illness and the total number of known U.S. infections surging past 6,400. Kentucky and Illinois recorded their first coronavirus deaths, driving the nationwide toll to at least 108.. *Tango classes, shows and milongas have been suspended in Argentina's capital Buenos Aires for at least...
DUBAI, March 17- The coronavirus outbreak and plunging crude prices are a double blow that leaves Gulf Arab governments with few options to manage fiscal stability while trying to shield their economies and defend currency pegs. Even the largest Arab economy, Saudi Arabia, which launched a war for market share with Russia following the March 6 collapse of an...
*There have now been more cases and more deaths outside mainland China than inside, with 180,000 cases worldwide and over 7,000 deaths. *President Donald Trump's administration and leading Republicans urged the Senate on Monday to swiftly back a House-passed coronavirus aid plan and seriously consider massive new economic stimulus legislation that was...
Starbucks, the world's largest coffee chain, which owns almost all U.S. stores, said on Sunday it would also close outlets for at least two weeks in communities with high numbers of coronavirus cases, as well as malls and university campuses, and change to a "to go" model in the United States and Canada stores. The unprecedented move comes as authorities in New York, Los...
TUNIS, March 16- A shipment of jet fuel was imported into eastern Libya recently in breach of a United Nations arms embargo and other international agreements, Libya's National Oil Corporation said on Monday in a statement. The NOC says the shipment violates the arms embargo on Libya and an international agreement signed by the UAE recognising the company as...
JOHANNESBURG, March 16- A worker at AngloGold Ashanti's Obuasi gold mine in Ghana tested positive for coronavirus on Sunday, the mining company said, the second known case of the new virus at a mine site in Africa. Ghana has so far reported six cases of the novel coronavirus. On Monday, Tanzania, Liberia, Benin, and Somalia confirmed their first cases of the virus which...
March 16- Gold producer Endeavour Mining said on Monday an employee at its Houndé mine in Burkina Faso tested positive for coronavirus on Saturday and was placed under quarantine but mining and exploration activities were not disrupted. Because the employee did not show symptoms on arrival and passed the company's mandatory health screening, Endeavour...
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