Author: The Exchange

Showcase offered enriching discussions by political, business and other leaders on key Intra-African trade issues during the conference segment of the trade fair, with some of the most sough-after African and international speakers participating. Event welcomed 2,148 exhibitors and featured major activities, including a trade exhibition by countries and businesses. B2B and B2G matchmaking programmes were held to facilitate strategic partnerships and government collaborations to unlock new opportunities. A total of US$48.3 billion in trade and investment deals have been entered into at the just concluded Intra-African Trade Fair (IATF2025), hosted in Algiers, Algeria. The fourth edition of the Intra-African…

Up to 14 U.S. deportees comprising of nationals from Nigeria and The Gambia have already been received in Ghana. President John Mahama says ECOWAS protocols allow for the free movement of people from member states without the express demand of visas. Rwanda, Uganda, South Sudan and Eswatini have also reported receiving U.S. deportees under Donald Trump’s push to weed out illegal immigrants. Ghana has accepted a plan accept U.S. deportees, joining other African countries Rwanda, Uganda, South Sudan and Eswatini in receiving individuals kicked out of America under President Donald Trump’s push to weed out illegal immigrants in the nation.…

Residential property prices in Kenya experienced a jaw dropping 425% increase since 2000 compared to 201% in the U.S., 151% in France, and 122% in Singapore. Property tracker HassConsult’s study reveals that homes in Kenya are fully paid, which makes the market super-resilient. Home owners in Kenya rarely end up grappling with mortgage repayments they can’t meet, preventing the waves of forced sales suffered in other economies. Investors in Kenya’s property markets have experienced higher returns than their counterparts across comparable hot addresses globally including the U.S., South Africa, Singapore and Canada over the last 25 years, a special market…

Chinese firm Wang Wah set to accelerate Brazzaville’s oil production, aiming at raising output to 200,000 barrels per day (bpd) in five years. Wing Wah is to develop the Banga Kayo, Holmoni and Cayo oil fields. Congo is projecting to increase oil production by harnessing the potential of the three licenses to over 1.3 billion barrels by 2050. The Republic of the Congo has signed a $23 billion hydrocarbon deal with China’s Wing Wah to develop the Banga Kayo, Holmoni and Cayo permits, aiming to raise national oil output to 200,000 bpd by 2030 The chase for hydrocarbon billions in…

20 years since the ICC issued a warrant of arrest against Joseph Kony, the leader of the Lord’s Resistance Army (LRA) will make history tomorrow, September 9, 2025, when judges start hearing the first trial in absentia of a man who grew up in eastern Uganda serving as an altar boy. ICC: “On 29 October 2024,  Pre-Trial Chamber III decided that all the requirements to hold a confirmation of charges hearing in the absence of the suspect Joseph Kony were met.” Joseph Kony unleashed one of the world’s brutal campaign against a government leading to the killing of 100,000 people and abduction…

Startups in Africa report just over $100M in funding even as the number of deals signed dipped compared to a month earlier. Venture financing hit $109M, a sharp drop from $550M worth of venture deals sealed in July. However, August saw a milestone with South Africa’s lender Nedbank acquiring payments fintech iKhokha for over $93M. Startups in Africa experienced a sharp drop in new funding across August, reporting just over $100 million even as the number of deals signed dipped compared to a month earlier, the latest update from business intelligence platform Briter Bridges shows. According to BriterEYE August review…

South African firms exporting to the U.S report challenging trading conditions, particularly with American buyers due to higher tariffs. In August, President Donald Trump slapped South Africa with a 30% tariff, targeting the country’s auto and agriculture industries. South Africa says these tariffs threaten roughly 30,000 jobs in its economy. Buyers of South African products in the U.S. have started feeling the pinch with new survey showing that tariffs are negatively affecting exports into the American market. According to the S&P Global South Africa Purchasing Manager’s Index (PMI) while companies reported an uptick in fresh orders in August, the pace…

Already ranking top 10 globally on AI usage, Egypt is inviting players in the emerging tech to explore best use cases even as it woos investments in deep tech as Cairo evolves into hub of innovation. Organised by GITEX GLOBAL, flagship Ai Everything MEA expo in February 2026 is poised to become the most empowering AI tech week across the Middle East and Africa. Tech heavyweights trailblazing AI adoption such as Atos, Cyshield, HPE, and IBM are expected to showcase at the event. As the spirited push for the adoption of artificial intelligence (AI) across Africa gets underway, Egypt has…

New AfDB President Ould Tah has set out a four-point agenda including, listening intently; fast-tracking reforms; deepening partnerships and accelerating real solutions as his core priorities. Mauritanian, Dr. Ould Tah, was elected on 29 May 2025 with over 76% of shareholder votes—the highest margin for a first-term president in the Bank’s history. The 60-year-old has taken over from Nigerian Dr. Akinwumi Adesina who served the lender for two consecutive terms. Mauritanian Dr. Sidi Ould Tah has taken over the steering of the African Developemnt Bank Group (AfDB), announcing a four-point plan that includees, listening intently; launching a fast-track reform agenda;…

From an average of KES122 billion annual collections in mid 1990s, KRA’s tech-powered reforms have seen it collect over KES2.5 trillion in fiscal year 2024/25. KRA Commissioner-General Humphrey Wattanga says plans are underway to further to transform the agency into a premier service entity with enhanced digital capacity. Currently, the agency is aligning operations with a focus on tech to enhance compliance across Micro Small & Medium Enterprises (MSMEs) and emerging segments. For 30 years, the Kenya Revenue Authority (KRA) has evolved from manual tax filing approach to a digital-first revenue monitoring, and compliance agency, driving the country’s annual collections…