Building A Secure Digital Future
The Nigeria Cybersecurity Summit is scheduled for 6-7 February 2023 at Lagos-Nigeria and will bring forth a C-level platform that will concentrate on Cybersecurity strategies and the evolving threat landscape. The summit will discuss cybersecurity solutions across verticals from Government and Ministry to Banking and Finance, Telecom and Energy, Healthcare, E-commerce and IT. The main […]
IMF Considers Next Steps Toward Potential Funding Program for Addis
The International Monetary Fund welcomed the declaration of a ceasefire in Ethiopia following a two-year civil war and said it’s weighing the next steps on a potential funding program. The agreement represents “a critical step towards restoring lasting peace and stability,” the IMF said in an emailed response to questions. “Fund staff have ongoing discussions […]
DRC To Form Part of the ‘OPEC Of Rainforests’
The big three tropical rainforest nations – Brazil, Indonesia and the Democratic Republic of the Congo – are in talks to form a strategic alliance to coordinate on their conservation, nicknamed an “Opec for rainforests”. The three countries – home to the Amazon, Congo basin and Borneo and Sumatra forests, which are threatened by commercial […]
Newly-formed Africa Team Affected by Twitter Purge
Social media company Twitter has laid off many employees this week, according to multiple social media posts by former employees. Twitter employees woke up to find that they had been logged out of their work emails, and could not turn on their work laptops or access their work tools. TechCabal can confirm that several members […]
3 African Central Bank Governors Ranked among the Top 20 Central Bankers Worldwide
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States, and the Central Bank of West African States. In the 2022 report, only three central bankers in […]
Mixed Success for SEZs in Africa
In Africa, the first SEZ was unveiled in Mauritius in 1970, followed by Ghana and Senegal towards the end of the decade. According to UNCTAD’s Handbook on Special Economic Zones in Africa, by 2020 there were 237 SEZs in Africa in 38 of the continent’s 54 countries. “A systematic overview of African SEZs shows that […]
How Botswana Did So Well Economically
Diamonds are of course Botswana’s God-given bequest, but the Botswana government did two things very early on that set the foundations for perhaps one of the most enduring government/business relationships in history. One of the government’s first actions was to pass the Mineral Rights in Tribal Territories Act, under which the various tribes voluntarily ceded […]
A Case for Fish Farming in Egypt to Combat Climate Change and Increase Revenue
For Egypt, a country with a chronic shortage of water, expanding the fish farming industry may not seem like a practical strategy. But that’s just what some scientists and entrepreneurs say Egypt needs to cope with the impacts of climate change. Egypt, which will host next week’s COP27 climate summit, is already the top producer […]
These African States Tipped to be the Fastest-growing Markets for Centi-millionaires in Next 10 Years
The Centi-Millionaire Report, released by Henley & Partners, is the first global study of ultra-high-net-worth individuals who boast $100 million in investable assets. There were 25,490 centi-millionaires in the study. The report “pulls back the curtain on” the lives and livelihoods of the super-rich, which destinations they call home, their spending habits, and their wealth […]
Startups Set to Fly the African Flag in Toronto
Nine African startups have been selected to take part in the latest edition of the Techstars Toronto accelerator, securing access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day. Eight of those are Nigerian, including deliveries platform Fez Delivery, logistics startup Renda, payments platform GIGXPAD, recruitment and payroll venture […]
