Economic growth
The 18-month Carbondale Accelerator Program, run by the Illinois Small Business Development Center at Southern Illinois University Carbondale, aimed to strengthen the local business ecosystem and promote economic growth in Carbondale. The program, funded by an $80,707 Energy Transition Community Grant, provided 28 local entrepreneurs with the tools and
Economic growth
Nigeria, Africa's second-largest economy, is confronting various environmental challenges, from floods and heatwaves to droughts, erosion, deforestation, and the shrinking of Lake Chad. These disasters strain the country's ecosystems, livelihoods, and economy. To effectively tackle these crises, Nigeria is embracing Natural Capital Accounting (NCA) as a
Economic growth
Nigeria's civil rights group, CEHRAWS, has expressed concerns over the country's economic growth, despite claims by President Ahmed Tinubu's administration. According to CEHRAWS, the high inflation rate, stagnant wages, and deepening poverty levels contradict the reported gross domestic growth (GDP) of 3.4% in
Economic growth
The County Department of Energy in Turkana West, Kenya, has installed solar-powered streetlights in Kalobeyei as part of its effort to improve infrastructure and support local economic growth. The initiative aims to enhance security, extend business hours, and improve the overall quality of life for residents. Businesswoman Alice Ajore has
Economic growth
The backdrop to this weekend's G7 meeting in Alberta is one of deepening gloom, with Western economies slowing down even before the unpredictable policy announcements by U.S. President Donald Trump. The latest updates from the OECD and World Bank confirm that global GDP growth is expected to
Economic growth
Kenya's youth population, particularly those below 35 years, represents a significant 75% of the country's population. However, despite their numbers, they face a higher unemployment rate of 8.1% compared to the national average of 4.9%. To address this challenge, the government aims to generate
Economic growth
Nigeria is on a path towards a brighter future, according to President Bola Ahmed Tinubu's Democracy Day speech, as analyzed by the Lagos Chamber of Commerce and Industry (LCCI). The institution has commended the president's vision for economic growth, improved security, and increased funding for education,
Economic growth
Cyprus is expected to achieve a budget surplus of 3.5% of GDP over the next three years, according to the country's Finance Ministry. The ministry has published a strategic fiscal policy framework for 2026 to 2028, outlining the government's economic policy goals and priorities. The
Economic growth
The UK economy recorded its worst monthly contraction in April since 2023, with a 0.3 per cent decline in GDP, underscoring the challenges faced by Chancellor Rachel Reeves in boosting growth to finance the government's spending plans. The contraction was sharper than the 0.1 per cent
Economic growth
Pakistan's Chief Statistician Dr Naeemuz Zafar has defended the country's economic growth estimate of 2.7% for the current fiscal year, maintaining that it is based on a 15-year-old livestock survey and assumes full utilization of the Rs1.1 trillion development budget. However, independent economists have
Economic growth
In a new era of Canadian politics, Prime Minister Mark Carney's government has been focusing on linking economic growth to daily life. However, research by Abacus Data suggests that Canadians are cautiously hopeful but far from convinced about the benefits of economic growth. A survey of over 2,
Economic growth
The government of Tanzania has introduced significant reforms aimed at improving the business environment and stimulating economic growth by reducing fees and levies in the livestock and fisheries sectors. As part of the ongoing implementation of the Blueprint for Regulatory Reforms to Improve the Business Environment, the changes aim to
