The costs of a possible war between Russia and Ukraine far outweigh the benefits. The war is fraught with significant risks to the economy, political stability and Russian foreign policy. It fails to solve key security problems, while it creates many new ones.
The AfCFTA aspires to connect all the regions of Africa, to deepen economic integration and to boost intra-African trade and investment. It aspires to create a single market for goods and services across 55 countries and our continent, creating a market of as much as 1.3 billion people with a combined GDP of $3.4 trillion.
We welcome the African Continental Free Trade Area, because we want to see Africa’s economic power in the world grow. More consumers should gain access to African goods and services. More jobs must be created for Africa’s young people – the global workforce of the future.
Somalia this week elected two Members of the Lower House of Parliament in polls delayed by a year, mainly by political infighting. That means it still has to elect 273 more seats by 24 December, and those elected MPs must in turn vote for a president for the ‘democratic’ transfer of power to be complete.
These new tactics and strategies could leverage efforts toward dismantling the precarious power structure comprising military rule. This factor likely explains the crackdown on Saturday, as security forces sought to prevent demonstrators from mobilizing and disseminating demands across various platforms.
In August 2020, Russia was the first country to announce the development of a COVID-19 vaccine. Since then, a relentless publicity blitz has promoted the attributes of the Sputnik V vaccine. However, Sputnik V has struggled to gain mass acceptance inside Russia, let alone in other countries where it is marketed as an alternative to vaccines developed by Western and Chinese pharmaceutical firms.
As most of the world is desperately waiting for the pandemic to take its final breaths, the Dragon and the Bear have perhaps the most to look forward to in the year ahead.
As Africa’s economies and middle class continue to grow, there is a tremendous market for American consumer goods. Consumer and business spending in Africa is expected to top $6.6 trillion by 2030, up from $4 trillion in 2015. Again, not only China, but also nations in every other region of the world, are looking to fill the continent’s need for consumer goods.
The African Child Policy Forum (ACPF) research report clearly shows that investment in children, especially in early childhood, has substantial long term economic and social benefits.
On October 25 Sudan’s military, under the leadership of General Abdel Fattah al-Burhan, seized power and placed the country under martial law. Less than a month later there are strong signs that Burhan may have bitten off more than he can chew and is starting to regret masterminding the coup.
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