Challenges to Business Lending in Africa and How DeFi Can Help
Fintech innovation, including DeFi, and tokenisation, offers promising solutions to address the funding crisis faced by scaling businesses in Africa. By improving accessibility, reducing costs, and enhancing efficiency, these alternative financial services are playing a pivotal role in bridging the financial inclusion gap and fostering greater economic growth across the continent. Mouloukou Sanoh, Co-Founder and […]
How to Finance Africa’s Future Economic Development
The current global financial architecture faces significant challenges in addressing the financial needs for climate action, sustainable development, and debt management. The calls for reform are growing louder, seeking to create a more equitable, inclusive, and sustainable financial system. Increasing the representation of developing countries, particularly African nations, in global economic decision-making processes is crucial for […]
FT Africa Summit 2024: Leading voices convene to drive sustainable growth across Africa
The Financial Times has announced the 11th edition of its annual FT Africa Summit, taking place between October 29-30, 2024, at The Peninsula, London. This year’s summit will convene African Heads of State, policymakers, global investors, and business leaders to engage in critical dialogues aimed at identifying opportunities for Africa’s sustainable growth and development. Leading […]
Johannesburg Mall Sets Record With Africa’s Largest Rooftop Solar System
Eastgate shopping centre powers up with solar Eastgate shopping centre, the mall known and loved by residents of Johannesburg for over four decades, has taken another leap forward to best serve its shoppers, surrounding community and the greater environment. The super-regional centre is now home to South Africa’s largest registered rooftop solar installation, which is […]
African Destinations Suitable For Solo Travel
By Nomvelo Masango Travelling is a rewarding and worthwhile experience, even when done alone. Having no travel companion should not stop you from experiencing the beauty which various destinations have to offer. When exploring Africa, there are a number of destinations which are suitable for solo travellers. Here are just a few of them worth considering […]
From London To Lagos: How One Traveler Pulled Off A Pioneering Road Trip Through Africa
By Noo Saro-Wiwa From riding coal trains to surviving crashes, Pelumi Nubi tells the story of her solo adventure. At a checkpoint in a remote part of Guinea, an official scanned his eyes repeatedly over Pelumi Nubi’s car in disbelief. “I asked him, ‘What are you looking for?’ And he replied, ‘The other person.’ Then he […]
Insurance Has A Crucial Role To Play In Driving The Sustainability Of Farming And Give Impetus To Zambia’s Socio-Economic Development
With Zambia having recentlycommemorated Farmer’s Day and the contributions and work made by farmers in the agricultural sector in the country, Hollard has highlighted the importance of ensuring the sustainability of farming in the country, by providing adequate disaster risk financing mechanisms as a means to protect farmers against natural and man-made disasters. Choolwe Sianyinda, […]
Africa’s Infrastructure Crisis Requires Urgent Collaboration
Written by Asanda Tsotsi: Head Project & Export Finance: Standard Bank Group CIB Infrastructure development’s positive effect on economic growth and poverty alleviation is well documented. It is a key driver and enabler in sectors such as health care, agriculture, logistics and energy. However, we cannot simply invest in infrastructure projects and expect them to […]
Nigeria’s Economy Grows with $55 Billion in Non-Oil Exports in 2023
Nigeria’s Minister of Finance Wale Edun stated on Tuesday that the country’s economy is showing signs of growth, with $55 billion recorded in non-oil exports in 2023. Edun made this revelation during a press briefing following President Bola Tinubu’s meeting with the Council of State. He highlighted that the surge in exports has led to […]
Somalia-Ethiopia Port Deal Talks in Turkey Show Progress Despite No Final Agreement
The second round of talks between Somalia and Ethiopia to resolve an ongoing diplomatic incident ended without a final agreement, but progress was reported. The negotiations, which were held in Ankara, were initiated by Turkey as the Middle Eastern country seeks to mend relations between the East African neighbors. The rift occurred in January when […]
