Mozambique: Child Soldiers Used in Raid on Northern Town
Islamist Armed Group Deploys Boys as Young as 13 in Attack on Macomia An armed group linked to the Islamic State (ISIS) in northern Mozambique used boys as young as 13 to raid and loot the town of Macomia, in Cabo Delgado province, on May 10, 2024, Human Rights Watch said today. It is unclear […]
Empowering the Underserved, Prioritizing Financial Inclusion in Africa
In a compelling address today, 2nd deputy governor of the Bank of Ghana, Mrs Awadzi-Addo, an advocate for underserved empowerment, emphasized the indispensable role of financial inclusion in fostering economic inclusion across Africa. The speech, delivered during the 3i Africa Summit in Accra underscored the critical importance of prioritizing the financial inclusion of underserved populations […]
Digital Platform Proxtera to Facilitate $100 Million Loans for SMEs in Ghana
A groundbreaking initiative is set to empower Small and Medium-sized Enterprises (SMEs) in Ghana’s agriculture, manufacturing, Information, Communications and Technology (ICT), and high-value sectors with access to vital financial support. In a strategic partnership between Development Bank Ghana (DBG) and Proxtera, a Singaporean fintech company, some US$100 million in loans will be made available through […]
Bank of Ghana Governor Urges Increased Investment in African FinTechs to Propel Innovation
Governor of the Bank of Ghana, underscored the critical importance of increasing investments in African FinTechs to drive innovation across the continent. He cautioned that a dearth of such investments could impede the pace of technological advancement and hinder the scalability of solutions aimed at achieving a digitally transformed Africa. Speaking at the commencement of […]
Unlocking Lucrative Investment Opportunities In African Infrastructure: Infrastructure Africa Business Forum 2024
As Africa continues to undergo rapid urbanisation and economic growth, the demand for infrastructure development has never been more pressing. The Infrastructure Africa Business Forum, scheduled for 16 – 17 July 2024 in Cape Town, South Africa, presents a unique platform for investors to explore and capitalise on the continent’s burgeoning infrastructure opportunities. With an […]
Infrastructure Investment Gap In Sub-Saharan Africa Threatens Energy Security And Economic Progress
A CITAC report commissioned by Puma Energy, a leading downstream energy company operating largely in sub-Saharan Africa, has identified bottlenecks and constraints in the liquid fuel supply chain that are impacting energy security and impeding economic development throughout sub-Saharan Africa. The report, titled “Fuelling Africa’s Potential: Bridging the Gap in Energy Infrastructure”, finds that African […]
Kenya’s Evolving Credit Landscape Highlights Drive for Financial Inclusion
Mobile loans most common form of credit, but cautious borrowing led to decrease in both the issuance of new accounts and cumulative value Low-value overdrafts continued to underpin accessible credit in Kenya, with high-value overdrafts showing a shift towards higher limits and balances Banking sector remained the backbone of lending balances in Kenya with lion’s […]
Intensive Care is Needed for South Africa’s Universal Health Coverage
President Cyril Ramaphosa signed the National Health Insurance Bill into law today May 15, a mere fourteen days before South Africa’s general elections. According to the presidency, the bill will deliver South Africa’s biggest health industry overhaul, provide universal health coverage for South Africans, and end “critical socioeconomic imbalances.” The bill’s critics are unconvinced and […]
Rwanda’s War Crimes Tribunal Comes to an End
The war crimes tribunal for Rwanda was established with one mission: bring to justice those indicted for the Rwandan genocide of 1994. Almost three decades have passed since then but the tribunal has finally accomplished its mission and located every person on its list of 92 indictees. The tribunal announced this development on April 30 […]
Gabon’s Former First Family Goes on Hunger Strike
Ali Bongo, the former president of Gabon, has embarked on a hunger strike with two of his sons Jalil and Bilal. According to the family’s lawyers, Mr. Bongo and his family have been subjected to inhumane “acts of torture and barbarity” by Gabon’s junta. Bongo was toppled in a military coup last August minutes after […]
