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Economy

South Africas Tourism Incentive Programme will help small businesses, community projects and local markets.

Mamaloko Kubayi-Ngubane, the South African tourism minister, has told a parliamentary committee meeting that the countrys Department of Tourism and South African Tourism, the tourism board, have been more severely affected by the COVID-19 pandemic than any other government department

There is a need for Africa to diversify it sources of supply chains. (Image source: druckfuchs/Pixabay)

The African Continental Free Trade Area (AfCFTA) could help African economies recover from the impact of COVID-19

The total new domestic borrowing under the 2020 appropriation becomes US$4.34bn which is the same as the total new borrowing in the 2020 Appropriation Act. (Image source: Ahmad Ardity/Pixabay)

The Nigerian government will borrow US$4.34bn from the domestic market to part-finance the budget deficit

The COVID-19 pandemic has forced governments, corporations and individuals to take measures to ensure public safety. (Image Source: Matthew Rogers)

The African Export-Import Bank (Afreximbank), the African Union (AU) and the government of Rwanda have decided to postpone the second Intra-African Trade Fair (IATF2020) by one year due to COVID-19 pandemic. 

By working together, we can limit the damage of the pandemic, said Africa50 CEO. (Image source: Nina Stock/Pixabay)

Africa50, the pan-African infrastructure investment platform, has announced its COVID-19 relief support initiative, which aims to support the continent’s fight against the pandemic

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