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Navigating Africa’s Diverse Economy in 2024
In 2024, Africa is set to grow significantly, forecasting a 4.0 percent increase, up from 3.3 percent in 2023. This positions it as the second-fastest-growing region globally, just behind Asia’s 4.8 percent. Stears, an economic analysis firm, reports these findings, focusing on the continent’s diverse economic landscape. Leading this growth, East Africa stands out with […]
Ethiopia Shifts from Protectionism: Opens Retail and Export to Foreign Investors
Ethiopia has taken a significant step towards economic liberalization. The country recently announced a new directive allowing foreign investors to enter its retail and wholesale markets. This move marks a shift from Ethiopia’s long-standing protectionist policies. The Ethiopian Investment Commission has granted licenses to 21 companies under this new directive. Thirteen of these licenses are […]
Protesters attempt to stop removal of hundreds of migrants from public-funded housing
Activists and several elected officials gathered outside New York Gov. Kathy Hochul’s office in the Capitol in Albany on Monday to protest the closure of two hotels housing several hundred migrants in the state’s capital region. New York City has a “right to shelter” law, requiring the city to provide shelter for anyone who asks […]