Stories about Economics & Business from June, 2020
Network marketing companies have mushroomed in Tanzania over the last five years, preying on vulnerable youth with billionaire dreams that often end in huge financial losses.
Cameroonians rely heavily on mangroves for fish and firewood, but exploiting its resources has pushed it to the brink. A spike in fish prices is largely blamed on mangrove depletion.
Since 2016, medicine prices in Sudan have risen exponentially. To make matters worse, the government’s central bank lacks the foreign currency necessary to import essential drugs from abroad.
Migrant workers in the Gulf region are being subjected to a fierce campaign calling for their deportation that is riddled with racist speeches and hatred.
Papua New Guinea's decision not to renew a major mining lease has ignited an intense discussion about its economic impact and the future of the country’s mining sector.
In Tanzania and around the world, COVID-19 exposes the vulnerability of microfinance savings and loan groups during large-scale crises.
On May 12, Guinea was rocked by bloody violence between security forces and citizens exasperated by power cuts and COVID-19 prevention roadblocks.
Google and Facebook are building undersea internet cables for Africans with access to high-speed internet — but 33 nations in Africa still don't have comprehensive data privacy laws.
As a major source of foreign exchange and employment for most of the region, safely opening up borders to overseas visitors has become ever more pressing.