Author: James Ndwaru

The Arab Bank for Economic Development in Africa (BADEA) has been a key player in Senegal’s economic landscape since 1975, working diligently to promote economic and social development in the country. Dr. Sidi Ould Tah, the Director General of BADEA, sheds light on the bank’s mission, projects, and strategic partnership with Senegal in his conversation with African Business portal.

BADEA’s Mission and Operations in Senegal

As a multilateral development bank owned by 18 Arab States, BADEA’s mission is to foster cooperation between Arab countries and Africa through investments and trade. The bank operates in four main areas: infrastructure, private sector development, agricultural value chains, and support for SMEs, with a focus on women and youth entrepreneurship. However, such a business niche for investment as online gambling still remains untapped, so there is ample opportunity for new cooperation in this area. For example, the 7alalcasino website dedicates its various services to …

Africa is a strong contender for developing technologies such as blockchain and cryptocurrency owing to the continent’s growing mobile tech adoption rates. Considering the turbulent global financial markets, expensive remittance costs, and restricted banking access, blockchain in Africa offers alternatives to tackle their day-to-day issues.…

Currently, Africa is over-exposed to the impact of the US Dollar. Thus, African nations must either act individually or together to mitigate these effects. Dollar strength bursts are cyclical. Therefore, there should be enough time to implement efforts before the next one occurs. African governments have recognized the harm done in the previous year and should work round the clock to find a lasting solution.…

Kenya has recently entered into a promising three-year bilateral agreement with the Royal Government of Thailand to improve crop and animal production practices in the East African nation. The agreement, signed on July 9 last year, outlines a comprehensive collaboration where the Thai government will share its knowledge and expertise in modern and emerging agricultural technologies with Kenyan scientists. The focus is on fostering a knowledge transfer partnership through training programs facilitated by existing state institutions.

Thai Ambassador’s Optimism

Thai Ambassador to Kenya, Ms Sasirit Tangulrat, expressed optimism about the partnership during a recent event at the Nyeri Kenya School of Agriculture. The occasion involved the handing over assorted agricultural equipment and exhibition materials to the center. Ambassador Tangulrat highlighted the urgency of addressing Kenya’s current food crisis, exacerbated by six consecutive seasons of failed rains.

“The Royal Thai Embassy engaged them (Kenya School of Agriculture) to set up this …

In recent times, the economic ties between Africa and India have flourished, creating a pathway for mutual growth and collaboration. This article aims to shed light on the evolving economic relations between the two regions while also exploring the vibrant entertainment landscape in India.

Economic Relations Between Africa and India

Over the years, Africa and India have forged strong economic partnerships, fostering trade, investments, and technological exchanges. The economic relations have become multifaceted, covering various sectors such as agriculture, healthcare, technology, and infrastructure development.

Trade Ties

Trade between Africa and India has witnessed significant growth, with both regions benefitting from the exchange of goods and services. India, with its diverse economy, exports pharmaceuticals, machinery, automobiles, and textiles to African countries. In return, Africa contributes with its rich resources, including minerals, oil, and agricultural products.

Investments

Indian companies are increasingly investing in Africa, contributing to infrastructure development and job creation. These …