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Tag: AFRICA BUSINESS NEWS

AFRICA: Coronavirus hurts business.

AFRICA: Coronavirus hurts business.

AFRICA, Business, HEALTH
African economies are also affected by the coronavirus, with China as their largest trading partner. Until a few weeks ago, China was fifth in world GDP. In 2019, the volume of trade between China and Africa reached a record US$208.7 billion. Despite a trade deficit of 17.7 billion dollars, trade continued between the 2 players until the appearance of the coronavirus last December. And today, hundreds of consumers are stuck throughout China. Maintains reduced oil production The Organization of the Petroleum Exporting Countries had to maintain the reduction in its oil production until the end of this year. The global oil sector is also experiencing disruptions due to the coronavirus epidemic. After an initial reduction to 1.7 million barrels per day to support ...
AFRICA: The joint winners of Kuwait’s Al-Sumait Prize for African Development in the field of Food Security received their award at a special ceremony held in Kuwait City

AFRICA: The joint winners of Kuwait’s Al-Sumait Prize for African Development in the field of Food Security received their award at a special ceremony held in Kuwait City

AFRICA, Business
Al-Sumait Prize for African Development is designed to reward innovative and inspiring initiatives and research by individuals and organizationsKUWAIT CITY, Kuwait, February 11, 2020/ -- The Deputy of His Highness The Amir of Kuwait, Crown Prince Sheikh Nawaf Al Ahmed Al Sabah awarded the 2019 AlSumait Prize (AlSumaitPrize.org), which comprises of one million dollars, a gold medal, and a plaque at a special ceremony held at the Bayan Palace in Kuwait.The joint winners of the 2019, Food Security Cycle of the Prize, The Africa Rice Center (Africa Rice) (AfricaRice.org), and The Pan Africa Bean Research Alliance (PABRA) (PABRA-Africa.org), received half each of the US$1million award.Dr. Robin Buruchara, Director PABRA, commented, "This is a great honor and major source of encouragemen...
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