Ethiopian Airlines, the major contributor to the economy of Ethiopia, is said may loss up to $260 million if the current spread of coronavirus outbreak continues.
Trade and technology experts from across Africa today met in Addis Ababa, Ethiopia, for the first session of the committee on private sector, regional integration, trade, infrastructure, industry and technology organized by a UN agency.
The 2019 African Economic Outlook by the African Development Bank (AfDB) suggests five trade policy actions that can bring Africa’s total gains to 4.5% of its GDP, or $134 billion a year.
The UN Economic Commission for Africa’s (ECA) Conference of African Ministers of Finance, Planning and Economic Development is set to be held in Marrakech, Morocco.
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years costing the continent $72 billion.
