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africa economy

Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala
GZERO World Clips

Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala

The African continent has a population of 1.4 billion people, but it imports more than 90% of its medicines and 90% of its vaccines. WTO Director General Ngozi Okonjo-Iweala says the time has come to open up the continent to globalization and encourage businesses to invest in African countries.

Focus on Africa: hunger, energy, climate - and the path to growth
Crisis Recovery

Focus on Africa: hunger, energy, climate - and the path to growth

Sub-Saharan Africa was on the brink of economic recovery last year. Now, the World Bank expects its growth to slow in 2023. With global inflation on the rise, rising food and fuel costs “actually put lives at risk in a way few other shocks can," says International Monetary Fund (IMF) senior economist Andrew Tiffin.

People are seen at a crowded market a day before the Hindu festival of Dussehra amidst the spread of the coronavirus disease (COVID-19) in Mumbai, India, October 24, 2020
Economy

Demography and destiny: blessing or time bomb?

Yesterday's key to success was a surge of energetic young people. But if there aren't enough job waiting for them, yesterday's blessing can become tomorrow's ticking time bomb.