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Namibian Consumers

Namibian Consumers Resilient Amid Financial Strain

Windhoek, Namibia – September 18, 2025. More than seven in ten Namibians (71%) said they were feeling optimistic about their household finances for the coming year, with 78% expecting their income to increase in the next 12 months. One in four (26%) reported an increase in income in the preceding three months, while 41% said that […]

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Luanda

2025 U.S.-Africa Business Summit: Trade and Investment in Luanda

The 2025 U.S.-Africa Business Summit, hosted by the Corporate Council on Africa (CCA), is set to take place from June 22-25 in Luanda, Angola. This premier annual event, now in its 17th year, serves as a vital platform for strengthening economic ties between the United States and African nations. With a theme centered on a […]

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AI: The $1.2 Trillion Opportunity for Africa’s Economic Transformation

Artificial Intelligence (AI) is quickly becoming one of the most revolutionary technologies of the modern era, with the potential to reshape economies, industries, and societies. For Africa, AI holds special promise, offering solutions to the continent’s unique challenges while contributing significantly to its economic growth. Projections suggest that by 2030, AI could contribute as much […]

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Fund Fees

South African Investors Benefit from Continued Decline in Fund Fees Amid Global Trend

By Michael Dodd, Senior Fund Analyst at Morningstar SA South African investors saw fund fees continue to trend lower in 2023. The trend of declining fund fees is one that is observable and consistent across most global markets. Both in South Africa and globally there are several factors that have played a role in lowering […]

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Business Lending

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 […]

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Africa climate summit delegates

Climate Change Imperils Africa’s Economic Progress: Urgent Calls for Global Carbon Tax at Africa Climate Summit

In a resounding call for international action, President William Ruto of Kenya addressed the inaugural Africa Climate Summit, underscoring the profound impact of climate change on Africa’s economic advancement. President Ruto stressed the urgency of a global dialogue on imposing a carbon tax on polluters, highlighting the dire consequences of inaction. The summit’s focus on […]

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fintech

Africa’s Fintech Industry is Coming of Age

In the face of political and economic challenges and a global pandemic, fintech on the continent is booming. Here’s what comes next. Between 2020 and 2021, the number of tech start-ups in Africa tripled to around 5,200 companies. Just under half of these are fintechs, which are making it their business to disrupt and augment traditional […]

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Angola’s Industrial Luanda-Bengo Special Economic Zone Boosts The Economy

Angola’s Luanda-Bengo Special Economic Zone (ZEE) has shown remarkable growth over the last few years. The country’s only Special Economic Zone plays a vital role in attracting domestic and foreign investment and encouraging the development and diversification of the Angolan economy.  The Chairman of the Board of Directors of the ZEE, António Henriques da Silva, […]

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Mastercard Economics Institute: 2022 Economic Outlook Defined By Digital Resilience And A Return To The ‘Experience Economy’

Shifts in household savings, economic growth and consumer spending on “stuff” vs. “experiences” are in focus as businesses continue to move digital  Global economic outlook report was launched at Expo 2020 Dubai, where 192 countries are currently participating in the world expo  Ahead of the pandemic’s second year milestone, the Mastercard Economics Institute released today Economy 2022, a […]

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The Future Of E-commerce In Africa: A Mere Illusion?

The potential for a remarkable and long lasting e-commerce growth is within Africa’s grasps. Now, it is the responsibility of everyone involved in this market to do everything in their power, so that African countries can truly enjoy and benefit from e-commerce. ...

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