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Africa’s Rising Stars: Eight Nations Powering The Continent’s Future

A new report by Altezza Travel spotlights eight African countries emerging as leaders in innovation, investment, and sustainable growth. The nations shaping Africa’s future are Morocco, Egypt, Botswana, Ghana, Uganda, Rwanda, Kenya, and Tanzania. The analysis goes beyond traditional economic metrics such as GDP and tourism performance, highlighting forward-looking factors driving the continent’s transformation. These […]

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Yellow Card

Africa And Emerging Markets Lead Global Stablecoin Adoption, New Yellow Card Report Shows

The report also highlights the expanding utility of stablecoins in emerging markets, extending beyond international payments and settlements, with platforms such as Visa and Mastercard enabling stablecoin transactions. Kenya is among the African countries experiencing notable growth in stablecoin adoption. Yellow Card, Africa’s leading stablecoin infrastructure provider, has released its latest report on digital asset […]

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Prosper Africa, U.S. Department Of The Treasury, And The African Development Bank Sign Partnership To Enhance Credit Rating Assessments

Prosper Africa, the United States Department of the Treasury, and The African Development Bank are pleased to announce the signing of a Donor Contribution Agreement to develop a Credit Rating Online Data Platform. This innovative platform will enhance data accuracy and transparency critical for credit rating assessments, fostering a more favorable investment climate between the […]

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Opportunity To Enhance U.S.-East African Trade Relations

By Maxwell Okello CEO of AmCham Kenya Like the rest of the world, African economies are today faced with economic headwinds. This has elevated the need to enhance trade and investment with key partners, such as the U.S., as long-term partner for the continent to weather such crises, catalyze economic growth and safeguard livelihoods. According […]

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2024: A Year Of Cautious Hope For African Economies Facing Worldwide Challenges

By Franck Kuwonu As African economies look to the new year, countries across the continent are poised to make moderate economic gains but must navigate the maze of domestic and international challenges. According to the UN World Economic Situation and Prospects (WESP) 2024, the continent’s economic growth is expected to quicken slightly, with average GDP possibly […]

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Why Debt Financing Is So Important For The African Business Market

By Nathaniel Nyika, Chief Investment Officer at Norsad Capital Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines of growth, SMEs are responsible for around 80% of the continent’s employment, ultimately helping to reduce poverty and income inequality, enabling the establishment of a new middle class […]

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Natural Gas Set To Ignite African Economies

Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development. The recent signing of an agreement to develop what has been called South Africa’s largest liquified natural gas project in Mpumalanga province has emphasised the potential of natural gas as a viable energy source for the […]

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The Top Commodities In African Economies

Commodities play a crucial role in global trade, serving as the backbone of many economies. Africa, with its rich natural resources, has emerged as a significant player in the global commodity market.  Commodities are raw materials or primary agricultural products that can be bought and sold, typically in large quantities. They include items such as […]

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Access To New Payment Platforms For SMEs Means Growth For African Economies

Opinion-editorial by Mahmood Al-Bastaki, Chief Operating Officer of DT World, part of DP World Small and medium enterprises (SMEs) play a central role in developing economies across Africa, driving growth, creating jobs and pushing innovation. Micro, small and medium companies represent more than 90% of businesses on the continent and provide 60% of all jobs. In Rwanda, […]

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Corrected Version: Vaccine Famine & Its Impact On African Economies

By Ahunna Eziakonwa We are about to start a third year of living with COVID-19. The world’s humanity and solidarity are now at a further test – and yet implications of the absence of solidarity keep us all in the boat of mutations, lockdowns, quarantines and delayed SDGs – denied prosperity for all. 2021 has unearthed […]

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