At a workshop in Marimauta Village, Zimbabwe, business is booming. Local entrepreneurs drop by to commission bespoke machinery. A solar-powered maize processing machine serves farmers across the region. Young apprentices learn new technical and digital skills. The scene contrasts sharply with 2019 when Cyclone Idai ripped through the area, tearing down power lines and shuttering […]
In 2000, the World Bank published, “Can Africa Claim the 21st Century?” This landmark report proposed four crucial areas of progress, and the priorities that were highlighted are even more pertinent today: improve governance and reduce conflict, invest in people; increase competitiveness and diversify economies; and reduce aid dependence and debt. Much of what was on […]
Investment banks and institutions generally expect the United States to avoid a recession this year and the global economy to keep growing For all the drama surrounding U.S. President Donald Trump’s trade tariffs, the world economy is holding up better than many had expected. The latest data from the United States, China and, to a […]
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot programs, partnerships or limited crypto trading, according to four industry executives. Wall Street giants that had been largely blocked from many crypto activities by strict regulations are poised to grow […]
