Africa’s pull is straightforward. Expanding cities need power, housing, transport, and data networks, so capital follows. Critical minerals and energy reserves add another magnet, tied to batteries, electronics, and defence supply chains. Sea lanes near the Red Sea, the Gulf of Guinea, and the Indian Ocean keep strategic planners focused. Deals are business, and also […]
The digital economy in Africa is growing at a speed that has not been seen before in history. This is demonstrated by the rapid development of online banking platforms, online shopping platforms, and online provision of public services. The World Bank shows that Africa’s digital economy is on track to contribute over $180 billion to […]
Millions of African soccer fans dream of being at the African Cup of Nations (AFCON) to support their national teams, but not everyone can afford to do so. As it turns out, even those who can afford it are constrained by the infamous difficulties Africans face when they travel within the continent as Nigerian soccer […]
The multilateral lender says the U.S.$250 million will enable the country to set up the Kenya Mortgage Refinance Corporation, to be owned by the state, commercial banks and financial co-operatives. President Uhuru Kenyatta has said provision of affordable housing is one of his four key priority areas in his second term and aims at providing […]
Kenya’s ban on logging in 2017 has seen charcoal traders flock to Uganda, which is now putting a strain on the country’s dwindling forest cover. Conservationists have warned that with new markets for charcoal in Kenya and Rwanda, in addition to logging for timber and agricultural land, the pressure on forests can only increase. TAGS: […]
Zimbabwean President Emmerson Mnangagwa has agreed to provide foreign currency to businesses and lashed out at companies that increased prices of commodities. The Zanu PF leader described the price hikes as unethical, unpatriotic and inhumane. TAGS: businessCurrenciesGovernanceSouthern AfricaTradeZimbabwe