Economy – Sector.Africa

From ‘Respect’ to ‘Sick and Twisted’: How Coronavirus Hit U.S.-China Ties

May 28, 2020 Sector.Africa AdministratorBusinesspeople, China, Coronavirus, Death, Donald Trump, Economy, Economy of the United States, ER, Government, Politics of the United States, Right-wing populism in the United States, Trade, Trump administration, Weapons0 comment

Hard-liners are calling on Beijing to be more defiant, emboldened by the Trump administration’s efforts to blame China for the mounting death toll in the United States. Moderates are warning that Beijing’s strident responses could backfire, isolating the country when it most needs export markets and diplomatic partners to revive its economy and regain international credibility. “I have a very good relationship, but I just — right now I don’t want to speak to him,” Mr. Trump said of Mr. Xi on Thursday. A spokesman for China’s foreign ministry, Zhao…

Africa Agriculture

Look towards agric to boost economy, farmer advises FG Features

May 28, 2020 Sector.Africa AdministratorAgriculture, Agro, Coronavirus, Coronavirus outbreak, Countries, Culture, Economy, Farm, Government, Muhammadu Buhari, news, Nigeria, NIgerian, Nigerian people, Pandemic, president, World, World news0 comment

President Muhammadu Buhari has been advised to look towards agriculture as he aims to rebound the Nigerian economy, which has largely been affected by the ravaging coronavirus pandemic. Shuiab Mubarak, an agricultural investor, said, “The coronavirus outbreak has made farming and other agro sectors grow more than ever before and the need for food is increasing daily. The prices of products and other staples are getting higher every day, as there is no more room for the importation of food. Nigeria and indeed the world is depending on what is…

Africa Energy Global Oil and Gas

Total Deal Catalyst for Uganda Oil! COVID-19 Should Not Delay Upstream final investment decision

May 28, 2020 Sector.Africa AdministratorAfrica, China, Companies, COVID-19, Economy, Economy of Uganda, Energy, Ghana, Government, Infrastructure, Mines, Oil companies, Port of Tanga, Royal Dutch Shell, Tanzania, Total E&P Uganda, Tullow Oil, Uganda National Oil Company, Uganda–Kenya Crude Oil Pipeline, Uganda–Tanzania Crude Oil Pipeline0 comment

On 23 April 2020, Total announced it had signed a deal with Tullow Oil to acquire its long-standing stakes in the Uganda Lake Albert project for USD$575 million Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power (https://www.AfricaOilandPower.com/) webinar Wednesday highlighted the domestic and regional opportunities associated with the Uganda Lake Albert project, oil and gas exploration, and associated services and infrastructure including the $3.5-billion East African Crude Oil Pipeline project. The webinar was graced by Speakers including Hon. Dr.…

Global South America

Coronavirus: Hospitals in Brazil’s largest city near collapse amid huge spike in cases, mayor says

May 28, 2020 Sector.Africa AdministratorBusiness, Chloroquine, Coronaviridae, Coronavirus, COVID-19, Death, Drugs, Economy, Health, healthcare, hospital, Jair Bolsonaro, Lockdown, Mayor, Middle East respiratory syndrome, Middle East respiratory syndrome-related coronavirus, president, Presidents of Brazil, São Paulo, Testing, Viruses0 comment

The healthcare system in Brazil’s largest city is on the verge of collapse due to coronavirus, its mayor has said. Bruno Covas, mayor of Sao Paulo, said public hospitals in the city of 12 million people had already reached 90 per cent capacity, and could run out of space within two weeks. “It is hard to believe that some prefer the population to be subjected to Russian roulette. Indifference in the face of death is unseemly,” he said of those flouting social distancing measures, which includes the country’s far-right president,…

Global South America

Brazil passes Spain and Italy for confirmed Covid-19 cases

May 28, 2020 Sector.Africa AdministratorAnimal virology, Brazil, Coronaviridae, Coronavirus, Drugs, Economy, Government, Health, In Saudi Arabia, Influenza A virus subtype H1N1, Middle East respiratory syndrome, Middle East respiratory syndrome-related coronavirus, Pandemic, Public health, Quarantine, Social distancing, Viruses, Zoonoses0 comment

Brazil’s confirmed cases of the novel coronavirus now exceed those of Spain and Italy, which was once the epicentre of the pandemic, making Brazil’s outbreak the fourth largest in the world, according to official figures. A mother and son wear special masks for the hearing impaired made to guard against the spread of the coronavirus, in Belo Horizonte, Brazil. Brazil’s Health Ministry registered 14,919 new confirmed cases in the prior 24 hours, taking the total to 233,142, behind the United States, Russia and the United Kingdom. Brazil has done just…