Africa Covid19 Europe North America 

Coronavirus: Germany cautions risk still high as economies restart

Texas Gov. Greg Abbott ordered all bars closed, and Florida banned alcohol at such establishments. They joined a small but growing number of states that are either backtracking or putting any further reopening of their economies on hold because of a comeback by the virus, mostly in the country’s South and West. Health experts have said a disturbingly large number of cases are being seen among young people who are going out again, often without wearing masks or observing other social-distancing rules. “It is clear that the rise in cases…

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Africa Financial Services 

Ghana Cocoa Board, African Development Bank and financial partners celebrate first $200 million disbursement of loan to boost cocoa productivity in Ghana

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on Tuesday 23 June, followed online by hundreds of observers across the globe. In attendance were COCOBOD and government representatives and participating lenders, which included development finance institutions: the African Development Bank (https://www.AfDB.org/), the Japan International Cooperation Agency (JICA), the Development Bank of Southern Africa and Cassa Depositi e Prestiti Spa.…

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Covid19 North America 

LIAT to be liquidated and new airline formed – PM Gaston Browne

“COVID would have actually, let’s say increased the losses exponentially, so whereas in all of 2019 LIAT made a loss of about EC$12 million, that was within the means of the shareholder governments to subsidize,” Browne said on local radio in Antigua. “You would have found that since COVID, the planes have been grounded, they have to pay the lease payments and they are not getting any revenue. “A decision will have to be made to collapse it and then maybe the countries within the region will have to come…

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Covid19 South America 

Peru to lift some coronavirus lockdown measures but keep borders closed

Peru will lift coronavirus lockdown measures in most areas of the country, including the capital Lima, at the start of July, while keeping its borders closed, after the daily rate of cases slowed in recent days, the government said. A night curfew will still be in force, according to a government decree, as officials aim to keep the pandemic under control while it grapples with a battered economy and a near-collapse of its health system. Children under the age of 14 and people older than 65 will still be required…

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Advertising Africa 

How Rwanda is spurring a generation of women in technology

Rwanda is renowned as a leader of gender equality. In 2020, it was the only African country ranked in the top 10 of the World Economic Online forum’s International Gender Gap Report. It ranked in the leading four in the Report’s political empowerment classification, in recognition of the high proportion of Rwandese women lawmakers and ministers. The nation therefore appeared a natural suitable for a 2018 pilot program of the African Development Bank’s Coding for Work initiative, with Nigeria, Kenya, Côte d’Ivoire and Senegal. The Coding for Employment flagship program…

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