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Afghan Women Spin New Careers By Reviving Ancient Silk Road Crafts

Afghan Women Spin New Careers By Reviving Ancient Silk Road Crafts

O nce an important Silk Road trading hub, the Afghan city of Herat has long been a cultural centre, but decades of war have ravaged its ancient traditional crafts. Now thousands of women are returning to the ancient practices, seeking to revive the traditions of a city where traders once came to haggle for silk […]

Italy’s Artisans Anxious As Brands Haggle To Bridge Luxury Gap

Italy’s Artisans Anxious As Brands Haggle To Bridge Luxury Gap

With unsold luxury handbags and clothing gathering dust in their workshops, Italy’s artisans fear for their future as brands cut orders and in some cases demand discounts and payment delays. Italy accounts for around 40% of global luxury goods manufacturing and has been hit hard by a dramatic drop in demand triggered by the coronavirus […]

Groups Of Youths, Women, Disabled Get Over 480m/- Interest-Free Loan In Tanzania

Groups Of Youths, Women, Disabled Get Over 480m/- Interest-Free Loan In Tanzania

SUMBAWANGA Municipal Council in Rukwa Region has issued a 488,340,500/- interest-free loan to groups of youth, women and people living with disabilities (PLWDs) in 2019/20. The loan is in line with directives issued by the Ministry of State in the President’s Office (Regional Administrations and Local Government) countrywide to loan the youth, women and PLWDs […]

Rwanda, UK Financial Firms Commit To Closer Cooperation

Rwanda, UK Financial Firms Commit To Closer Cooperation

Ties between Rwanda and the United Kingdom grew a notch higher as the two countries’ financial institutions signed a partnership agreement with the aim of stimulating economic development. Kigali International Financial Centre (KIFC) on Tuesday, June 16, gained a new partner following the signing of a partnership agreement with CDC Group, the UK’s development finance […]

Corporate Council On Africa Launches Inaugural Leaders Forum – Global Financial Response To COVID-19 In Africa

Corporate Council On Africa Launches Inaugural Leaders Forum – Global Financial Response To COVID-19 In Africa

On Tuesday, June 23, 2020, Corporate Council on Africa (CCA) launched its inaugural Leaders Forum – a high-level virtual forum to bring together Heads of State, senior USG and African government officials, CEOs and private sector executives, and leaders from multilateral institutions. Under the theme “Resilient U.S.-Africa Business Engagement to Drive Post COVID-19 Recovery”, the […]

Britain’s Finance Sector Too Slow To Hire Women To Top Jobs

Britain’s Finance Sector Too Slow To Hire Women To Top Jobs

Britain’s finance ministry wants more ambitious diversity targets at financial firms as the pace of hiring women to top jobs is too slow, a review said on Tuesday. A Women in Finance Charter was launched in 2016 by the finance ministry in a bid to improve diversity in the financial sector where just 14% of […]

Business Reopens Between Southern Cameroon And Nigeria

Business Reopens Between Southern Cameroon And Nigeria

Cameroon’s military says it has restored security on an important trade road between western Cameroon and Nigeria. The military this week said it had killed at least 13 separatist fighters who blocked the Bamenda-Enugu Road for two months and were demanding illegal tolls. The rebels denied it was their fighters and blamed other armed groups. […]

Nigerian Businesses Say Pandemic “Impacted Them Negatively”

Nigerian Businesses Say Pandemic “Impacted Them Negatively”

A whopping 97 per cent of Nigerian businesses recorded losses during the lockdown over Covid-19 while 87 per cent said they have been negatively affected overall by the pandemic, a nationwide survey has shown. Titled the “National survey report on the impact of COVID-19 on Nigerian private sector,” the survey assessed the impact of the […]

Qatar 2022 World Cup Stadium Workers Went Months Without Pay

Qatar 2022 World Cup Stadium Workers Went Months Without Pay

A Qatari company helping build a 2022 World Cup stadium has been banned from the event’s projects after its labourers went unpaid for months, organisers said on Thursday, in a case Amnesty International said showed inadequate worker welfare standards. Around 100 employees of a Qatari subcontractor, Qatar Meta Coats (QMC), working on the Al Bayt […]

African Development Bank Approves $288.5 Million For Nigeria COVID-19 Response Support Program

African Development Bank Approves $288.5 Million For Nigeria COVID-19 Response Support Program

The Board of Directors of the African Development Bank on Friday approved a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and businesses. The loan will bolster the government’s plans to improve surveillance and response to COVID-19 emergencies, ease the impact on workers and businesses and strengthen […]

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