The West African Development Bank (BOAD) launches the “disaster adapted loan” programme for its member countries. The project’s pilot phase covers Benin, Cote de ‘Ivoire, Senegal and Togo, a loan portfolio in these countries totalling over USD350 million (€314 million and XOF206 bn) will therefore be covered for the first time by parametric insurance, against […] More
Today, the African School of Governance Foundation (ASGF) announced the establishment of the African School of Governance (ASG) graduate institution designed to offer world-class public policy education, research, and engagement programs. Prominent African leaders have come together in this landmark step, as the initiative is set to transform the continent’s leadership landscape by meeting the […] More
This year, Ghana’s all-girls robotics team, supported by Stembees, achieved remarkable recognition at the First Global Robotics Challenge in Athens, Greece, winning the Judges’ Award for Perseverance. Their journey has been one of determination and passion, as these young women navigated numerous challenges to compete on the global stage including receiving their travel visas just […] More
The Nigerian Government is partnering with Ericsson to develop the potential of 5G connectivity in Nigeria. A new memorandum of understanding (MoU) was signed during an October 18 Federal Republic of Nigeria government delegation visit to Ericsson’s Global headquarters in Sweden, headed by Vice President, Kashim Shettima. The purpose of the MoU is to establish […] More
Mining Indaba – the premier platform for deal-making, investment, and corporate networking for African mining for over 30 years – is cementing its position as the catalyst that ignites positive disruption within the African mining industry. Having launched its 2025 agenda, which demonstrates what is needed to future-proof the African mining industry, the platform is […] More
New GSMA reports highlight Kenya’s leadership in digitalisation and introduce the ‘Digital Africa Index’ to drive inclusive digital growth across the continent The latest GSMA report, Driving Digital Transformation of the Economy in Kenya, projects that Kenya’s digital economy will contribute KSH 662 billion to GDP by 2028. This growth, driven by strategic policy reforms, will accelerate digitalisation […] More
The African diaspora continues to be a formidable source of financial capital, sending nearly $95 billion annually to the continent, according to the African Development Bank (AfDB). While remittances are critical for household support, their potential to drive broader economic transformation still needs to be explored. Diaspora remittances often surpass foreign direct investment (FDI) and […] More
President and Chairman of the Board of Directors of Afreximbank (www.AfreximBank.com), Professor Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus (CANEX) programme from $1 billion to $2 billion for the next three years. The announcement was made during the CANEX WKND 2024 opening ceremony in Algiers, Algeria, and […] More
Empowering women in Sub-Saharan Africa is not just a matter of gender equity; it is a crucial step toward achieving “Health for All, Hunger for None” Article By Jorge Levinson – Senior Bayer Representative, Sub-Saharan Africa Women play a significant role in the agricultural and health sector across Sub-Saharan Africa, yet they often face systemic […] More
During the height of the Covid-19 pandemic there was lot of talk around the end of the traditional office work. As the largest African bank by assets, operating in 20 African countries, Standard Bank’s data reveals that the real estate industry has been relatively resilient and performing well post the pandemic and the high interest […] More
The global education goal that forms part of the UN’s Sustainable Development Goals remains significantly off track, with various reports highlighting a concerning trend that, unless drastic changes are implemented, the world will not meet its commitments to inclusive and equitable quality education by 2030. According to Eugene Ho, Global CSR Director for Future Skills at SAP, […] More
By Chuene Setati, Head (East and West Africa): Trade and Working Capital Sales, Absa CIB With opportunities for infrastructure development, a wealth of natural resources and a growing consumer market, East Africa is an increasingly attractive investment option. While the resource-rich regions of Southern and West Africa enjoy the lion’s share of sub-Saharan Africa’s foreign […] More
