Politics and Society March 8, 2023
The United Nations Economic Commission for Africa (UNECA) expects e-commerce in the birthplace continent to grow by 50% by 2025, according to UNECA Executive Secretary António Pedro, at the opening of the African Regional Forum on Sustainable Development in Niamey, Niger.
A new report from the African Development Bank Group indicates that African economies remain resilient with a stable outlook in 2023-2024, despite the tightening of global financial conditions.
The African Union has postponed a conference on combating illicit financial flows in Africa, scheduled for mid-March in Tunisia, due to criticism of government repression and racial attacks against sub-Saharan citizens.
China rejects accusations that its loans to African countries have created a "debt trap", according to its Foreign Minister Qin Gang, who said multilateral and commercial creditors should bear the greatest blame for Africa's debt problems.
Ugandan Parliament Deputy Speaker Thomas Tayebwa condemned the European Union's practice of exporting pesticides and banned products to developing countries, urging them to demonstrate strongly as a team."
Nigerian tycoon Aliko Dangote has maintained his position as Africa's richest man. In the 2023 Forbes ranking, dominated by South Africans, Dangote has a wealth valued at $13.6 billion.
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