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For the Africa Climate Summit to Make a Meaningful Impact, Accountability is Paramount

For the Africa Climate Summit to Make a Meaningful Impact, Accountability is Paramount

The upcoming Africa Climate Summit, set to be convened by the African Union and hosted by the Government of Kenya under the Ministry of Environment, Climate Change & Forestry, has garnered attention as a platform for addressing climate change challenges in Africa. As the urgency of environmental issues continues to escalate, questions arise about whether […]

The Lagos Chamber of Commerce and Industry has Criticized President Tinubu’s Reforms

The Lagos Chamber of Commerce and Industry has Criticized President Tinubu’s Reforms

The reforms which include the unification of the country’s currency rates and the removal of gasoline subsidies have in the three months since its introduction been detrimental to Nigeria’s economy. The Chief Executive Officer of Economic Associates, Dr. Ayo Teriba during his speech, explained that the president failed to seek proper consultation before implementing his […]

The Military Coup in Niger has Raised Fears of a Future Uranium Supply Crunch

The Military Coup in Niger has Raised Fears of a Future Uranium Supply Crunch

Retail investors are buying into uranium-linked funds, amid fears about the coup in Niger, a key producer, hitting supplies and wider expectations of a global increase in demand. Energy companies are taking a renewed interest in nuclear power because of the impact of Russia’s invasion of Ukraine on gas supplies and the pressures to cut […]

Grocers and Department Stores are Driving the Uptake of Digital Payments in East Africa

Grocers and Department Stores are Driving the Uptake of Digital Payments in East Africa

Buyers are preferring to pay online instead of using physical debit or credit cards, according to payments provider Pesapal Ltd. The typical e-commerce basket is about $36, while a basket settled using a point-of-sale terminal averages 5,117 shillings, according to Agosta Liko, founder and group chief executive officer of Nairobi-based Pesapal. The company forecasts East […]

EU to Fund Greener Aviation Practices in Africa

EU to Fund Greener Aviation Practices in Africa

The EU has pledged to dedicate half of its €300bn infrastructure plan, seen as a rival to China’s Belt and Road Initiative, to Africa. The fund has already backed renewable plants, green hydrogen initiatives, vaccines and education projects in Africa, and the official said it was now looking into sustainable aviation fuel (SAF). SAFs are […]

After Cracking Cameroon, Consumer App Wants to Move to Bigger Markets 

After Cracking Cameroon, Consumer App Wants to Move to Bigger Markets 

Cameroonian startup Koree, a consumer app that acts as a digital wallet for loyalty cards, is planning to expand across Francophone Africa with the help of matching funding from Catalytic Africa. Founded in September 2022, Koree allows consumers to digitally collect their spare change from cash retail payment roundups and earn cashback from stores and […]

Ethiopia has Several Options for Peaceful Access to the Sea

Ethiopia has Several Options for Peaceful Access to the Sea

There is no doubt that Ethiopia’s lack of direct access to the sea has constrained its ability to cater for its large population and hindered economic growth and development. Politically, being landlocked limits Ethiopia’s geostrategic options in the Horn of Africa and beyond. The Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor with Kenya – which is […]

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