Noloyiso Mpanza: Executive Specialist for Transaction Banking, and Msawenkosi Hlanti Executive Head for Trade Sales, Transaction Banking at Standard Bank Corporate and Investment Banking Many African countries – with South Africa, Kenya, and Nigeria as leaders – are working hard to decarbonise and fulfil their net-zero commitments. This presents a significant opportunity for growing renewable […] More
The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., on 26 October 2024, under-scored the need for African nations to strike a balance between short-term development imperatives and long-term climate goals. Under the theme “Saving Lives Today versus Saving the Planet for the Future: Can the AfCFTA Resolve the Climate […] More
The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., on 26 October 2024, under-scored the need for African nations to strike a balance between short-term development imperatives and long-term climate goals. Under the theme “Saving Lives Today versus Saving the Planet for the Future: Can the AfCFTA Resolve the Climate […] More
The African Union Member States (AU MS) face significant health threats, particularly infectious diseases, due to its overstretched public health systems and infrastructure. Despite Its remarkable improvements and growth in health sector service delivery in recent times, the African continent remains under-resourced. At the same time, the continent bears over 24% of the global disease […] More
The African Union Member States (AU MS) face significant health threats, particularly infectious diseases, due to its overstretched public health systems and infrastructure. Despite Its remarkable improvements and growth in health sector service delivery in recent times, the African continent remains under-resourced. At the same time, the continent bears over 24% of the global disease […] More
Yesterday, Google announced the expansion of African languages on Voice Search, typing with voice on Gboard and voice input on Translate – totalling 15 more African languages. Enabling voice input across these products offers approximately 300 million more people across Africa the freedom to interact with the web and communicate with friends and family using […] More
The African Continental Free Trade Area (AfCFTA) is set to play a transformative role in the development of Africa’s energy sector, providing the framework needed to enhance intra-African trade, attract investment, and boost regional energy integration. By creating the world’s largest free trade area by number of countries, the AfCFTA is unlocking new opportunities for the continent’s renewable energy and natural […] More
South Africa will only hit 2024’s current energy demand requirement by 2040, according to a report from Standard Bank and Cresco Group. The market assessment of South Africa indicates solar photovoltaic and wind-installed capacity (utility and rooftop) will increase from 10GW in 2024, to 37GW by 2030 and 77GW by 2040. Meanwhile, power decarbonisation is forecast to […] More
Stanbic Bank Kenya and Mastercard have partnered to introduce two new world class credit cards to the Bank’s affluent clients across the region. Categorized into the Stanbic World card and Stanbic World Elite card, the cards are designed to offer an elevated experience for affluent clients, with special benefits such as airport lounge access, global customer […] More
The Sustainable Markets Initiative (SMI) Africa Council (SMIAC) has launched the ‘Natural Capital on African Governments’ Balance Sheets’ initiative at COP16 in Colombia. This groundbreaking initiative seeks to align natural capital with national economic frameworks, unlocking investment opportunities and accelerating the African Union’s Nairobi Declaration on Climate Change and Green Growth. This ambitious effort, first […] More
Series C round led by Development Partners International; other investors include Google’s Africa Investment Fund, Verod Capital and Lightrock Moniepoint Inc. (“the Company” or “Moniepoint”), Africa’s fastest-growing fintech, announces it has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora. Founded […] More
Kenya’s economy experienced a robust recovery in 2023, with its Gross Domestic Product (GDP) reaching $107.44 billion, reflecting a 14% growth compared to 2022 (Source: World Bank). The construction sector played a vital role, contributing 6.6% to the GDP, driven by a surge in residential, commercial, infrastructure and industrial projects fueled by rapid urbanization. As […] More
