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Africa

Africa: France-Nigeria Trade Hits $4.7 Billion As Tinubu Pushes for Jobs, Infrastructure Gains At Africa Summit

eriinfo.com21 hours ago06 mins

The president says growing trade and investment ties between Nigeria and France must now deliver concrete economic benefits, including jobs, industries, infrastructure and expanded private sector investment. President Bola Tinubu says the growing economic relationship between Nigeria and France must now translate into tangible development outcomes, as trade between both countries reached $4.7 billion in…

SA urged to prepare for AI jobs disruption

eriinfo.com3 days ago07 mins

Old Mutual Investments warns SA must prepare for major AI-driven shifts in employment, infrastructure and economic policy. (Image source: 123RF) South Africa’s entry-level and junior jobs could come under severe pressure over the next decade, as artificial intelligence (AI) and robotics increasingly automate routine cognitive work, potentially shutting younger workers out of the labour market….

Africa

Africa: Ruto Urges Africa to Commercialise Sports Industry for Jobs and Economic Growth

eriinfo.com3 days ago08 mins

Nairobi — President William Ruto has called on Africa to position sports at the centre of its economic transformation. The President said the continent must invest in building African-owned sports industries that create wealth and jobs for its young population. Speaking at a high-level dialogue on the commercialisation of sports at the University of Nairobi…

Africa

Africa: Building Resilience, Powering Jobs and Growth for the Gambia’s Future

eriinfo.com1 week ago06 mins

Banjul — The World Bank Group today released its Country Climate and Development Report (CCDR) for The Gambia, placing jobs, livelihoods, and economic opportunity at the center of the country’s development agenda. The report shows that rising environmental pressures are already affecting productivity, agriculture, and infrastructure, and that targeted resilience-building investments are essential to protect…

Africa

Central Africa: Fit to Prosper – Investing in Health for Jobs and Development in Western and Central Africa

eriinfo.com1 week ago010 mins

Excellencies, distinguished guests, and partners, we have convened here in Accra today to discuss, quite literally, the health of Western and Central Africa. It is a matter of utmost importance to the region’s future. We wish to extend our deepest gratitude to His Excellency President John Dramani Mahama and the Government and people of Ghana…

Africa

Africa: World Bank Approves $250 Million to Transform Kinshasa’s Waste Management and Create Jobs

eriinfo.com2 weeks ago06 mins

WASHINGTON, April 28, 2026–The World Bank’s Board of Executive Directors approved $250 million in financing for the Kinshasa Urban Transformation and Jobs Program — known as Kin la Belle — to improve solid waste management services and create inclusive employment opportunities in Kinshasa. The program is a cornerstone of the World Bank Group’s comprehensive support…

Africa

Central Africa: Regional Launch of ‘Fit to Prosper’ – Investing in Health for Jobs and Development in Western and Central Africa

eriinfo.com3 weeks ago04 mins

ACCRA, April 27, 2026 – Countries in Western and Central Africa face growing pressure on their health systems as financing tightens and health needs expand due to population growth, disease outbreaks, climate shocks, and a rising dual burden of disease. In response, the World Bank Health, Nutrition and Population strategy, Fit to Prosper: Investing in…

Meta slashes 8,000 jobs in continues pivot toward AI

eriinfo.com3 weeks ago02 mins

Meta is implementing another round of aggressive workforce reductions, cutting roughly 10% of its total staff. According to reports from Bloomberg, the move will result in approximately 8,000 layoffs and the elimination of 6,000 vacant positions. Read: Tim Cook steps down as Apple CEO and passes reigns to John Ternus In an internal memo, Janelle…

Snap cuts 1,000 jobs as strategy shifts toward AI automation

eriinfo.com4 weeks ago03 mins

Snap Inc. has announced a significant workforce reduction, laying off approximately 1,000 employees, which is roughly 16% of its total staff. In a company-wide memo, CEO Evan Spiegel framed the cuts as a move to increase operational velocity by replacing repetitive manual tasks with advanced artificial intelligence. In addition to the layoffs, the company is…

AI literacy goes mainstream in South Africa’s jobs market

eriinfo.com1 month ago05 mins

AI literacy is no longer the preserve of developers and data scientists. According to Pnet’s Job Market Trends Report for March 2026, released on Monday, competence in AI tools is fast becoming a baseline expectation across South African white-collar roles – from finance and office administration to education and business management. The report traces two…