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Nigeria: NESG, AERC, Others Lament Nigeria's Increasing Poverty, Inequality Level

Multidimensional poverty rose from 43% to 63% in 3 years – Report

Nigeria's multidimensional poverty has grown by over 20 per cent within three years, a report by the The Nigerian Economic Summit Group (NESG), in collaboration with the African Economic Research Consortium (AERC), has revealed. The report, which was released during an In-Country Dissemination Workshop, had the theme, “The Growth, Poverty, and Inequality Relationships in Africa…

NESG holds In-country Workshop on Poverty and Inequality relationships

By Tony Obiechina, Abuja The Nigerian Economic Summit Group (NESG), in collaboration with the African Economic Research Consortium (AERC), has held an In-Country Dissemination Workshop with the theme, “The Growth, Poverty, and Inequality Relationships in Africa (GPIR) collaborative research project”. The Growth, Poverty, and Inequality Relationships in Africa (GPIR) collaborative research project funded by NORAD

Fears of trade wars as Kenya bans maize from Tanzania, UG

THE STANDARD By Dominic Omondi | March 7th 2021 at 00:00:00 GMT +0300 Trucks queue to deliver maize at the National Cereals and Produce Board (NCPB) Eldoret depot. [Kevin Tunoi, Standard] Kenya has set the stage for a war with its main trading partners after it banned importation of maize from Uganda and Tanzania. The Agriculture and Food Authority (AFA) said on Friday that surveillance and tests they had done on maize from the two countries had shown that most of it was infected with aflatoxin. However, East African Community (EAC) Director-General for Customs and Trade ‎Kenneth Bagamuhunda described Nairobi’s move as “unilateral.”

Fears of trade wars as Kenya bans maize from Tanzania, UG

Ray of hope as economy awakens from Covid slumber

Kenyans venture out But by December 2020, with the fear of succumbing to the deadly virus receding and being replaced by that of dying from hunger, Kenyans thought it was time to venture out. A poll that was done in August 2020 by Twaweza, a non-governmental organisation, found that seven in 10 Kenyans named negative business and economic impacts when asked about the impact of Covid-19, compared to just a quarter who said they feared contracting the virus itself.  Subscribe to Our Newsletter Subscribe to our newsletter and stay updated on the latest developments and special offers! This, coupled with friends and families growing fonder of each other after a long period of separation, saw Kenyans revert to the earlier described Aristotelian disposition of being social.

Kenya's economy recovering amid Covi-19 effects

Kenyans venture out But by December 2020, with the fear of succumbing to the deadly virus receding and being replaced by that of dying from hunger, Kenyans thought it was time to venture out. A poll that was done in August 2020 by Twaweza, a non-governmental organisation, found that seven in 10 Kenyans named negative business and economic impacts when asked about the impact of Covid-19, compared to just a quarter who said they feared contracting the virus itself.  Subscribe to Our Newsletter Subscribe to our newsletter and stay updated on the latest developments and special offers! This, coupled with friends and families growing fonder of each other after a long period of separation, saw Kenyans revert to the earlier described Aristotelian disposition of being social.

Ray of hope as economy awakens from Covid slumber

Kenya's new kitchen crisis brewed in Asia

THE STANDARD By Dominic Omondi | February 2nd 2021 at 07:39:40 GMT +0300 A weak shilling and a host of disruptive factors in some of the country’s key source markets have led to a spike in retail prices. [Standard, file]  What started as a rumour of a sharp increase in the prices of cooking oil quickly turned into a protest, as the kitchen crisis worsened. As expected, most shoppers were incensed by the “greedy” retailers. No one blamed the market. Perhaps because the market is abstract and distant. Few Kenyans care about what is “cooking” in the swathes of palm oil plantations in the two islands of Borneo and Sumatra in Asia. They only care for what is cooking in their kitchen.