Glencore spin off of its coal business is the result of mounting pressure from its shareholders over Environmental Social and Governance (ESG) and climate concerns. The company resolved to spin off its coal activities after finalizing its acquisition of the coal assets belonging to Teck,…
Airtel Africa has launched Nxtra by Airtel (“Nxtra”), a new data center business, as demand for data centers continues to…
China’s economic slowdown will affect Africa since the Asian country is the largest single-country trading partner. As China experiences a…
Business conditions in Kenya remained in a steep decline halfway through the final quarter of the year, according to the latest Purchasing Managers’ Index (PMI) by S&P Global.
This comes amid sizeable falls in output, new orders, and employment in November, as indicated by the PMI, which closely monitors market-moving economic indicators, covering more than 30 advanced and emerging economies worldwide.
Tanzania’s island of Zanzibar, once known for tourism, is now charting a new course toward becoming a powerhouse in technology and e-commerce. The recent launch of an electronic products shop in Zanzibar is not just a commercial opening; it symbolises the dawn of an ambitious era for the island’s investment sector.
The Central Bank of Kenya benchmark rate has gone up to 12.5…
Featured
With untapped potential in private healthcare, skilled doctors, and a growing interest…
Industry & Trade
The 2009 Copenhagen Accord was not a binding promise but set up…
Countries
Reduced commodity prices will hamper Zimbabwe’s economic growth aspirations in 2024. Commodities produced by Zimbabwe include platinum, gold, and diamonds. Over the last two…
They will also receive comprehensive mentorship and coaching as part of a…
Designed using a science-based approach and harnessing new technological innovations, the programme…
As COP28 unfolds with its myriad discussions and commitments, a less visible but equally critical issue looms on another continent – the pervasive problem of greenwashing in Africa. From the corridors of corporate power to the burgeoning startup ecosystem, greenwashing emerges as a misleading marketing tactic and a significant barrier to genuine environmental and social progress in Africa.
In Africa’s corporate sector, greenwashing has become a strategic tool used by both corporations and governments to cover up environmentally detrimental practices. This issue is acutely critical in a continent where environmental conservation is not just a matter of policy but survival.
Regional Markets
AFDB has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%,…
Tech & Innovation
Airtel Africa has launched Nxtra by Airtel (“Nxtra”), a new data center business, as demand for data centers continues to rise across the continent. Nxtra aims…
Editor's Picks
With untapped potential in private healthcare, skilled doctors, and a growing interest…
Africa
The Horn of Africa has been grappling with the most severe drought…
Industry & trade
China’s economic slowdown will affect Africa since the Asian country is the…
Money Deals
The International Monetary Fund (IMF) has committed an additional $938 million to Kenya as part of a strategy to stabilise the country’s economy.
Investing
Glencore spin off of its coal business is the result of mounting…