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Rebuilding Syria Through Technology: A Diaspora’s Promise

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In a nation scarred by war, a new kind of gathering is offering hope. Syrians from across the diaspora returned to Damascus for the Information and Technology Advancement Forum , determined to chart a technological future for their homeland. These were not politicians or generals, but engineers , scientists , and entrepreneurs who had built careers abroad. They carried with them not just expertise, but a belief that Syria could rise again — through innovation, education, and digital progress. At the forum, discussions ranged from artificial intelligence in healthcare , to renewable energy for communities , to coding lessons for schoolchildren . Every session carried the same conviction: technology is more than wires and screens — it is the lifeline of a new Syria. Beyond ideas, the gathering symbolized something deeper: unity. Syrians, once scattered across continents, stood together again, committed to channeling their skills back home. “Rebuilding Syria will not happen overnight,”...
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Africa Africa’s largest economy unexpectedly exits recession

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 In the fourth quarter as restrictions to curb the spread of the coronavirus were eased.

Image: KC Nwakalor/Bloomberg

Nigeria’s economy unexpectedly came out of a recession in the fourth quarter as restrictions to curb the spread of the coronavirus were eased.

Gross domestic product grew 0.11% in the three months through December from a year earlier, compared with a decline of 3.6% in the third quarter, the Abuja-based National Bureau of Statistics said on its website on Thursday. The median estimate of five economists in a Bloomberg survey was for a quarterly decline of 1.86%. The economy contracted 1.92% for the full year, the most since at least 1991, according to International Monetary Fund data.

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The surprise rebound means Africa’s largest economy may recover faster than expected as the oil price and output increase this year. It could also point to the growing dominance of the non-crude sector, according to Joachim MacEbong, a senior analyst at SBM Intelligence in Lagos.

Oil production fell to 1.56 million barrels a day in the fourth quarter from 1.67 million barrels in the previous three months. While crude contributes less than 10% to the country’s GDP, it accounts for nearly all foreign-exchange earnings and half of government revenue in continent’s biggest producer of the commodity.

The government’s forecast for growth of 3% this year is double that of the IMF.

A stronger recovery could ease pressure on the central bank to stoke activity, paving the way for a renewed focus on its price stability mandate. That means the monetary policy committee could start raising interest rates again to fight inflation that’s been above the target band of 6% to 9% for more than five years. The panel eased by 200 basis points in 2020.

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