Any Successful African Energy Policy Must Centre on Oil and Gas
Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly. I believe [...]
Kenya Lobbies Regional Peers to Adopt Digital Service Tax in Revenue Chase
Kenya is committed to introducing the Significant Economic Presence (SEP) tax which will target the digital marketplace and is lobbying its partners in the East African Community (EAC) to add [...]
President Ruto Cancels All Adani Deals
President William Ruto on Thursday ordered the Ministry of Transport and Energy to cancel all the contracts awarded to the Indian conglomerate Adani Group, bringing to a temporary halt the [...]Indian Businessman Gautam Adani Faces US$250mn Bribery Charges in the US
Gautam Adani’s name is in the global newsreels for the wrong reasons again; this time, New York prosecutors are pursuing him for allegedly bribing Indian government officials with US$250 million [...]Colombian Fintech Minka Partners with Banks, Financial Institutions, and Regulators Across Africa to Boost Financial Connectivity
November 19, 2024 — Minka, a prolific Colombian fintech startup, today announced a groundbreaking series of partnerships with banks, financial institutions, and regulators across key African economies. Following the company’s [...]
Counterfeit Electrical Equipment Incur US$600bn Losses for African Manufacturers
Weak intellectual property laws in the continent have precipitated a flourishing US$250 billion industry of counterfeit electrical products, according to a report by CBi-electric. The growing market for these illicit [...]Blame Game as Sudan War Escalates into Global Proxy Conflict
The paramilitary Rapid Support Forces of Sudan (RSF) is putting its enemy, the Sudanese Armed Forces, at the center of suffering of millions of Sudanese claiming they are not committed [...]Economists Lobby for Shifts in Global Financial Systems to Address Africa's Needs
Economic governance experts at the Second Session on the Committee on Economic Governance in Addis Ababa have lobbied for changes to the global financial system to better address Africa's specific [...]
Zanzibar Launches National Blockchain Network Sandbox for Global Innovators, Corporates, and Governments
The day has finally come where developers from across the globe can build on its National Blockchain Network (NBN) through its sandbox. “We are incredibly excited to announce the official [...]
COP29: Africa Advocates for Investments to Improve Access to Clean Cooking
African policymakers attending the UN Climate Change Conference, colloquially known as Conference of Parties (COP29), in Baku, Azerbaijan, have highlighted the urgent lack of access to clean cooking affecting 1.2 [...]COP29: Lenders Project $120bn Climate Financing for Developing Countries By 2030
A group of Multilateral development Banks (MDBs) are projecting that the annual climate finance for low- and middle-income countries will cumulatively reach $120 billion by 2030, including $42 billion for [...]Female-Led Firms Default Less on Loans in Sub-Saharan Africa- EIB Report
Banks in sub-Saharan Africa are increasing their focus on gender balance in lending with majority of the institutions reporting better loan performance among female-led firms. “Banks continue to report better [...]
