Author: Padili Mikomangwa

Africa is now realising the African Continental Free Trade Area (AfCTA) Africa economy is expected to grow by 3.8 percent in 2022 Africa has 60 percent of its population under age of 25 Africa’s economy is rising and it has been for a while now. For the intelligent investor, it is wise to rise with it side by side as Africa remains the most naturally endowed continent on the planet. This in terms of human and other natural resources. Hence to Invest in Africa is the next big thing as the region needs a 360 touch on its manufacturing industries. With…

Ethiopia is one of the largest countries in Africa The US has a long diplomatic relation with Ethiopia dating 1903 Ethiopia is building a hydroelectric dam that will generate 5,000 megawatts of electricity Ethiopia economy is one of Africa’s fastest-growing economies with a GDP projected to trend around US$ 112 billion, representing at least 0.10 per cent of the world economy.   Thus, US-Ethiopia relations have presented rather effective diplomatic potential for one of the populous nation in the region.    The East African nation has made noteworthy and tremendous economic improvements which have seen the nation’s GDP per capita rise…

ILO points out that the informal sector is still arguably responsible for 90 per cent of sub-Saharan Africa’s economy and two-thirds in North Africa.   

The sector provides 90 per cent of all new jobs and 70 per cent of all employment across sub-Saharan Africa.  

As the world changes, so as Africa. Due to economic and political setbacks, the region is shadowed by plenty of misconceptions about its role in shaping the world’s technological and education front.  

Above that, Africa is now embracing a new wave of transformation. The continent is adopting and executing new plans as it goes—bringing the digital divide by embracing edutech in schools, innovating social solution tech and startups championing smart farming in Africa’s breadbasket.   

Africa has never been at a better time to capitalize on the real estate market. The sector is rigged with plenty of modern technology that offers myriad opportunities that shift away from traditional uses and increase transparency and efficiency. 

Africa Business Insider pointed out ten pathways for investors to benefit from investing in the African real estate market in 2022. 

Long-term residential rentals are argued to be one of the fastest ways for an investor to garner profits as the rising population in Africa calls for substantial development of decent shelter. 

Real estate investment trusts (REITs) allow investors to acquire profits without holding physical property. According to Business Inside Africa, REITs provide diverse opportunities to investors, primarily in the market niches.

Tanzania has one of the largest international airports in East Africa Tanzania Standard Gauge Railway is slated to commence operation by the end of April  Tanzania is a gateway serving competitive landlocked neighbouring countries. Tanzania’s economy is moving at a steady pace. According to the Bank of Tanzania, the inflation rate is at 3.6 per cent, and the nation’s GDP stands at 5.2 per cent (3rd Quarter 2021). The United Nations argues that the African Continental Free Trade Area (AfCFTA) is expected to increase intra-African trade in transport services by nearly 50 per cent. In 2015, the African Development Bank…

The continent internet economy can reach $180 billion by 2025, accounting for 5.2 per cent of Africa’s GDP Africa’s access to the internet stands at  40 per cent, according to Google With more than 1.3 billion people, Africa lags behind the rest of the world in internet connectivity as it has only 22 per cent in connectivity Africa’s digital economy is expanding quite fast. The continent internet economy can reach $180 billion by 2025, accounting for 5.2 per cent of Africa’s GDP, according to information from IFC. Doubling down on the latter, by 2050, the projected potential contribution could reach…

Global poverty is not only the current threat to the progression of humanity. Inequality is yet another block that spikes the fire.

According to Oxfam, even after the pandemic threw higher costs of life to communities worldwide, the wealth billionaires own risen sharply compared to 14 years ago.

In this case, South Africa presents an exciting take to analyze. South Africa is an unequal country in the world.

In the second top economy in Africa, race plays a crucial factor in fueling inequality, where 10 per cent of the population owns more than 80 per cent of the wealth, according to information from Aljazeera.

On the governmental level, complications may arise when handling mass starvation and social cohesion for millions of people in locked nations in East Africa, Yemen, Syria and the Sahel.

The Royal Tour documentary features the respected US travel journalist Peter Greenberg President Samia drove a manual gear vehicle for the first time in ten years The documentary is slated to be viewed on Apple  TV Plus and Amazon Prime Tanzania’s tourism industry is targeting to improve visitor numbers after President Samia Suluhu Hassan launched the anticipated Tanzania Royal Tour documentary in New York on Monday. President Suluhu Hassan’s Royal Tour is yet another milestone executed to enhance tourism in Tanzania. The documentary titled, Tanzania: The Royal Tour, is a series of global television events hosted by Peter Greenberg with…

President Suluhu Hassan has welcomed American investors in her bid to “set the tone for creating the safe lending for investors”.

By 2021, Tanzania led in East Africa in the number of FDI attracted from the US to Tanzania, followed by Kenya and Uganda.

Over the past years, there was deterioration in Tanzania’s business and investment sector that marred the nation’s attractiveness.

The latter brought Tanzania to rank 141 out of 190 countries on the 2020 World Bank Ease of Doing Business Report, which the International Trade Administration argued to be the lowest among the nation’s peers.

Hence, President Suluhu Hassan’s administration is addressing the latter. Her government has now substantially improved cross border trading with its neighbouring nations, dealing with unrealistic taxes, unnecessary bureaucracy, delayed refunds and unfriendly administration of taxes.

AKF has a very deep-rooted history of funding education initiatives in Africa. This effort is one of many funding partnerships that give life to education programs in the region and eliminate illiteracy within communities.

Gone are the days of education being an overlooked sector. Over the past decade, funding for education has assumed a critical shape.

Aga Khan Development Network (AKDN) has been investing in education in Africa for several decades, from the early stages of learning to the university level.

AKDN has contributed to enhancing education systems in Uganda, Tanzania and Kenya with the support of partners—the network has reached 1,300 public schools, trained 6,00 teachers, and reached 500,000 students.