Can Nairobi’s Flag Carrier Ride out the Storm?
Kenya Airways has posted a pre-tax loss of $133m for the first six months of the year, as its performance stalled during the coronavirus pandemic. The national carrier was already struggling to cope with losses and tough competition from rivals before the Covid-19 outbreak forced governments to ground airlines. The company has revealed that it […]
South Africa has Endured its Worst Power Cuts on Record this Year
Analysis by South Africa’s Council for Scientific and Industrial Research (CSIR) found that 1,498 Gigawatt hours (GWh) of energy had been shed so far in the first eight months of 2020, more than 1,352 GWh in the whole of last year and 1,325 GWh in 2015, the previous two worst years on record. The power […]
Mauritian Bank’s New SME Banking Market Gives it an Edge Over the Competition
Mauritius Commercial Bank’s (MCB) went live this week with their new Backbase-built SME banking platform and new mobile app, JuicePro. This marks the completion of the first phase of the collaboration. Using the Backbase platform, MCB was able to completely remodel its SME user journeys and has put a foundation in place to advance digital […]
2020 Marks a Remarkable Moment for African Commercial Diplomacy
Three of the eight candidates nominated to be the next director-general of the World Trade Organisation are from Africa: former Egyptian ambassador and later senior WTO staff member Hamid Mamdouh, former Kenyan trade minister Amina Mohamed and former Nigerian finance minister Ngozi Okonjo-Iweala. The leading candidates are the two women. These candidacies are symbolic and […]
Investing in the Caribbean Piques the Interest of Nigeria’s High-net-worth Individuals
A year ago, the office of Citizenship by Investment Program (CIP) in the small Caribbean island nation of St. Lucia had received no applications from any Africans in its nearly five years of operations. But in the past few months, it has issued up to 60 passports to Nigerians and is reporting steady increases in […]
COVID is a Great Unequaliser, But the Crisis Could Enable us to Build a More Equal Future
Any of the first names that the media reported as having Covid were those of the rich and powerful, from movie stars to political leaders. Be ye ever so high, the virus is above thee – or so it seemed. Now we understand that this perception, that came in part because at first only the […]
Launch Of Inclusive Electoral Reform Initiative In Eswatini
Democracy Works Foundation and Freedom House Southern Africa in partnership with the Eswatini Elections and Boundaries Commission (EBC), are to launch an electoral reform initiative in Eswatini at a multi-stakeholder meeting today. At the meeting, the partners will update electoral stakeholders on the intentions of the electoral reforms programme as well as discuss stakeholder roles […]
The Palace Of The Lost City Is The Epic Visual Setting To The Nubian Music Festival
The Palace of The Lost City will be the spectacular setting for the NUBIAN MUSIC FESTIVAL Celebration of Women’s Month livestream to take place at Sun City on Saturday, August 29 from 3pm, as the resort readies itself to re-open to the public after lockdown. The legendary destination, with its dramatic architecture, carved statues, sculptures and exotic gardens will […]
