September 09, 2022
Africa: Queen Elizabeth II - Building Post-Independence Commonwealth for African Nations
Queen Elizabeth II steered the evolution of the Commonwealth into a forum for effective multilateral engagement whose potential to drive tremendous socioeconomic progress for… Read more »
September 08, 2022
South Africa: Amazon Web Services and Google to Extend Their Footprint in South Africa
Due to strong investment incentives, Africa's internet access is growing at one of the fastest paces in the world. Africa's youthful population and rapid urbanization are strong… Read more »
Africa: Bright Future for Continent's Hospitality Sector Beckons
As the South African and broader African hospitality markets continue to recover post-Covid-19, investment and development activity is expected to increase as the sector develops… Read more »
Kenya: Jeremy Awori Leaves Absa Bank After Nearly 10 Years
Absa Bank Kenya has announced the exit of its CEO Jeremy Awori after nearly ten years of service Commenting on Awori's tenure, the board credited him for outstanding leadership,… Read more »
September 07, 2022
Ghana: Uber Expanding in 8 More Cities Across Kenya, Nigeria and Ghana
Uber is expanding into eight more cities across Kenya, Nigeria and Ghana and raising its safety measures The company announced that it will now be operational in Owerri and Akure… Read more »
Africa: China Scraps Tariffs for 9 African Countries
China has removed Tariffs on 98% of products imported from 9 of Africa's poorest countries. Experts believe the measure will have a little economic impact. However, China's image… Read more »
Kenya: Businesses in Kenya Were Negatively Affected By August 2022 Elections - Pmi
Kenya's Purchasing Managers' Index (PMI) fell below the 50 points mark to 44.2 in August 2022, down from 46.3 in July, to indicate deteriorating conditions for businesses in the… Read more »
September 06, 2022
Kenya: Kenya's Blockchain Election - the Masterstroke That Silenced Petitioners
Four years ago, and a year after the nullification of the 2017 election in Kenya, the electoral commission said that technology would be employed to allow presidential candidates… Read more »
Kenya: Bottom-Up Economics - Will Kenya's President-Elect Live Up to His Pre-Election Pledge?
As described in his manifesto, Kenya's president-elect William Samoei Ruto's bottom-up economics plan appealed to the electorate all over the country. Read more »
August 24, 2022
Kenya: Shanta Eyes U.S.$500,465 West Kenya Gold Licences
Shanta Gold, a London-listed exploration company, is interested in purchasing three further prospecting permits from Canadian miner Barrick Gold in the Western Kenya project after… Read more »
August 14, 2022
Zimbabwe: Reserve Bank to Release Smaller Gold Coins in November
The Reserve Bank of Zimbabwe (RBZ) has committed to introducing lower denomination gold coins. In his Mid-Term Monetary Policy statement released yesterday, Dr. Mangudya said the… Read more »
August 13, 2022
Kenya: Wealthy Citizens Saved Over U.S.$17 Million Daily Before Polls
As per data provided by the Central Bank of Kenya (CBK), the total value of foreign currency bank deposits in Kenya reached a new all-time high of Sh891.5 billion in June, up from… Read more »
August 09, 2022
South Africa: Central Bank Identifies Cybercrime's Growing Threats to SA's Banking Sector
The last two decades have witnessed increased technology adoption in Africa. According to Forbes, there are more than 600 million total internet users in Africa. Read more »
August 08, 2022
Kenya: Kenya - State to Construct U.S.$83 Million Mixed-Use Facility in Nakuru
Local Authorities Pension Fund (LAPF) Kenya has announced plans to construct a mixed-use facility at an estimated cost of KSh 10.0 billion ($83 million) in Nakuru County. Read more »
August 05, 2022
Namibia: World's Largest Diamond Recovery Pushes Production in Namibia
Diamonds recovered for the second quarter of 2022 by Namibia stood at 565 000 carats, a 67.2% increase from the 338 000 carats recovered during the same quarter in 2021 De Beers… Read more »
July 20, 2022
Africa: U.S.-Africa Summit Starts in Morocco Focused On Economic Recovery
The summit that will be held from Tuesday, July 19, until Friday, July 22, will focus on economic recovery post-COVID-19 pandemic The 2022 summit is being held under the theme… Read more »
July 02, 2022
Africa: Era of the African Passport - a Mixed Bag of Opportunities?
Could this be the year that the much-anticipated African Passport is availed to ordinary citizens across the continent? Read more »
Africa: Unlocking Africa's Gas Riches - Nigeria-Morocco Gas Pipeline a Game Changer
Africa has been hailed as the next frontier in the provision of global oil and natural gas resources, especially now in the wake of the ongoing Russia-Ukraine war. Read more »
May 19, 2022
Africa: Google Splashes U.S.$4 Million On 6 New African Businesses
The non-dilutive awards range from Ksh5.8 million ( US $50,000) to Ksh11.6 million (US $100,000) and will be awarded to the firms that are selected. Read more »
May 12, 2022
Africa: Continent's 5 Wealthiest Nations in 2022
While there are a variety of approaches for comparing different countries' wealth, one of the most effective is to examine the individual country's gross domestic product, also… Read more »
Africa: Investing in Africa's Science and Technology - Where Are We Now?
Although Africa has come a long way over the past decade in terms of realising the Fourth Industrial Revolution, there is still much to be done for the continent to be at par with… Read more »
Africa: Internet to Gain Faster Speeds as Liquid Adds Subsea Capacity Cable
Pan-African digital infrastructure provider Liquid Intelligent Technologies has partnered with PEACE Cable Company to provide an additional 800Gbps subsea capacity in Mombasa. Read more »
Africa: Six African Startups Named in World Economic Forum's Top 100 Global Tech Pioneers
Six African startups have been named among this year's top 100 global tech companies by the World Economic Forum. Read more »
October 04, 2019
Kenya: AfDB Approves the Funding of Kenya Longest Dual-Carriage Highway
The African Development Bank (AfDB) has approved the financing of Kenya's north link road which when combined with the current section will make it the longest expressway in the… Read more »