Finance

  • Fight against poverty: Ivory Coast Sets Sights on Upper-Middle Income Status by 2030

    Fight against poverty: Ivory Coast Sets Sights on Upper-Middle Income Status by 2030

    The Ivory Coast is fighting poverty through its National Development Plan, which includes social protection, financial education, and improved access to services. The government’s 2026-2030 plan aims to reduce poverty to less than 20%. The plan also aims to increase the average income per capita and includes improving access to education, drinking water, electricity, healthcare, social protection, and employment. In a bid to combat poverty and stimulate inclusive economic growth, Ivory Coast is steering toward a future where its citizens enjoy a significantly higher standard of living. Prime Minister Robert Beugré Mambé outlined the nation’s ambitious vision during the launch seminar…

  • UNICEF Invests Over $142 Million to Boost Education in Niger

    Niamey, Niger – The United Nations Children’s Fund (UNICEF) has announced an investment of more than 92 billion CFA francs (approximately $142 million) to support the education sector in Niger. The news was confirmed by an official source in Niamey on Monday. During a recent meeting with Niger’s Prime Minister, Ali Mahaman Lamine Zeine, UNICEF Representative Djanabou Mahondé revealed that the substantial investment is aimed at strengthening the country’s education system. “This funding will enhance access to education and improve the quality of school infrastructures,” Mahondé stated. The UNICEF representative emphasized that the initiative is a significant opportunity for Niger,…

  • Benin's Public Enterprises Accumulate CFA 1.31673 Billion in Bank Debt (2018–2024)

    Benin’s Public Enterprises Accumulate CFA 1.31673 Billion in Bank Debt (2018–2024)

    Cotonou, Benin – A recent report from the national debt management service has revealed that Benin’s public enterprises have accumulated approximately CFA 1.31673 billion in bank debt over the seven-year period from 2018 to 2024. Notably, this debt was raised by only six of the nine state-owned companies currently in operation, following a series of governmental reforms. Entities that have been dissolved in recent years—such as the Beninese Port Handling Company (Sobemap) and the National Council of Benin Shippers (CNCB), which have been debt-free since 2022—are not included in the latest ranking. Instead, the spotlight falls on the Société des…

  • Benin’s Money Supply Contracts by 2.9% as Fiat Currency Falls Sharply

    Benin’s Money Supply Contracts by 2.9% as Fiat Currency Falls Sharply

    Benin’s Money Supply Contracts by 2.9% as Fiat Currency Falls Sharply. The Central Bank of West African States (BCEAO) has reported a significant contraction in Benin’s M2 money supply at the end of May 2024. The overall money supply decreased by 2.9% compared to May 2023, with the volume of physical currency falling by 6.8% – from 840.1 billion FCFA last year to 783 billion FCFA this year. The decline in fiat currency, which represents a reduction of over 57 billion FCFA, has been identified as a key factor behind the overall monetary contraction. In addition to the decrease in…

  • Top 10 countries that offer easy work Visas to Indian Students

    If you are an Indian student aspiring to study abroad, one of the first things that comes to your mind should be a country offering an easy work Visa for students. Here, we crawled the internet and found some of the top 10 countries that offer easy work Visas to Indian Students. Go ahead and check out the list below. What is a work Visa? A work visa, also known as a work permit, is essentially permission granted by a country for an individual from another country to work within its borders legally. It functions as a formal authorization for…

  • Top 10 Countries for Easy Work Visas: Your Gateway to Global Opportunities

    Are you dreaming of working abroad and exploring new horizons? Working in a foreign country can offer a multitude of benefits, from higher pay to cultural immersion and personal growth. Many individuals are drawn to the idea of working overseas, but navigating the complex world of work visas can be daunting. That’s why we’ve compiled a list of the top 10 countries that offer easy work visas, providing you with a gateway to global opportunities. Why Work Abroad? Working abroad not only allows you to expand your professional network but also enhances your resume. It provides you with a unique…

  • Top 10 African Countries to Live in 2024

    Africa is a continent of immense beauty, culture, and diversity. It offers a range of opportunities and challenges for those seeking to live there. Whether you prioritize a high quality of life, a low cost of living, a rich cultural experience, or stunning natural landscapes, Africa has something for everyone. In this article, we will explore the top 10 African countries to live in in 2024, taking into account various factors such as human development, safety, economy, and happiness. Living conditions in Africa Africa, the second-largest continent on Earth, boasts unparalleled diversity in its landscapes, cultures, and living conditions. From…

  • Top 10 Richest Men in Africa in 2024

    Top 10 Richest Men in Africa in 2024: A Closer Look at Africa’s Wealthiest Individuals

    Who are the Top 10 Richest Men in Africa in 2024? Africa is a continent that continues to demonstrate its economic supremacy through a limited handful of its wealthiest individuals. These visionaries and entrepreneurs have amassed substantial fortunes by navigating diverse industries. From luxury goods and diamonds to cement and telecommunications, the success stories of these individuals reflect not only personal triumphs but also the dynamic and evolving nature of Africa’s business environment. According to the Forbes real-time billionaires list, here are the top 10 billionaires in Africa at the outset of 2024: Johann Rupert & Family (South Africa) –…

  • Top 10 Richest Countries in Asia

    Top 10 Richest Countries in Asia this 2024: Exploring Economic Prosperity and Industries

    Asia is a continent known for its incredible diversity, encompassing a wide range of cultures, languages, and economic systems. Among the multitude of countries, some stand out for their remarkable economic prosperity and wealth. In this article, we will delve into the top 10 richest countries in Asia, exploring their economies and key industries that contribute to their success. Summary of the Top 10 Richest Countries in Asia To summarize, the top 10 richest countries in Asia, ranked by per capita GDP, are as follows: Singapore, $91,000 Qatar, $82,877 Israel, $55,536 United Arab Emirates, $49,451 Brunei, $42,939 Kuwait, $38,123 Japan,…

  • The Biggest Gold-Producing Countries in Africa

    The Biggest Gold-Producing Countries in Africa

    Which Are The Biggest Gold-Producing Countries in Africa? Africa has always been known to be the source of raw materials and a continent rich with many natural resources. And when it comes to gold production, Africa accounts for more than 600 tons yearly. Africa is now currently the second largest gold-producing region in the world after China. And West Africa in recent years has become home to three of the top five gold-producing countries on the African continent. How much gold does Africa produce? According to Statista.com, the total gold mine production in Africa amounted to 680.3 metric tons in…

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