Author: The Exchange

- We provide economic news and analysis on the investment arena in Africa, with a particular interest in doing business. Our key areas of focus include banking, capital markets, energy, mining, manufacturing and industrial development.

Africa Africa's growth trajectory Africa's sports and entertainment industry
  • Africa is experiencing a transformative era characterized by robust economic development, technological advancement, and a burgeoning creative industry.
  • Many African countries are now experiencing rapid economic expansion, driven by a combination of factors including improved governance, increased foreign direct investment, and a growing middle class.
  • Rapid adoption of mobile technology has transformed the continent, providing unprecedented access to financial services through mobile money platforms like M-Pesa, improving healthcare delivery, and enhancing agricultural productivity.

Africa is increasingly becoming a beacon of growth and potential in the global landscape. Amidst its rich cultural heritage and natural resources, the continent is experiencing a transformative era characterized by robust economic development, technological advancement, and a burgeoning creative industry.

This blog post delves into the multifaceted aspects of Africa’s growth trajectory, highlighting the significant progress and potential within its economies, technological innovation, and notably, the sports and entertainment sectors.

Economic Resilience and Development

Africa’s economic

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  • The threat of SIM swap fraud looms large over South Africa’s telecommunications landscape.
  • Strengthening identity verification practices is paramount to safeguarding consumers and preserving trust in the digital ecosystem.
  • Operators need to define practical, robust security solutions that adhere to and surpass current telco legislation.

In today’s digital age, where mobile phones have become an indispensable part of everyday life, the threat of SIM swap fraud looms large over South Africa’s telecommunications landscape.

Gur Geva, founder and CEO of face authentication and identity verification platform , iiDENTIFii, underscores the critical importance for mobile networks to prioritize customer protection and combat this pervasive menace.

“While there has been a slight decline in reported SIM swap fraud cases, mobile service providers must remain vigilant and bolster their data security measures,” asserts Geva.

Despite strides in mitigating fraud, fraudsters continue to exploit vulnerabilities in identity verification processes, underscoring the imperative for enhanced …

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  • AfDB has seen over 3,235 children, originally entrenched in the exploitative DRC’s cobalt mines, receive training in agriculture practices.
  • A total of 9,016 children, including 46.2% girls have been saved from the confines of DRC’s cobalt mines, liberated from the shackles of exploitation.
  • AfDB is liberating DRC’s children from the exploitative cobalt mining cycle and providing them with viable alternatives for sustainable livelihoods.

In 2019, the Democratic Republic of Congo witnessed the start of a pivotal initiative to transform the lives of children and young individuals in the DRC’s cobalt supply chain.

The Support Project for the Alternative Welfare of Children and Young People Involved in the Cobalt Supply Chain, funded by the African Development Fund (AfDB) and the Transition Support Facility, was envisioned as a beacon of hope for thousands of children trapped in the perils of artisanal cobalt mining.

As the project nears its culmination in December …

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  • Being a latecomer to oil and gas development means that Namibia will be able to leverage innovations and technologies in carbon emission reductions.
  • Namibia is well connected to the Southern African Development Community (SADC) region when it comes to power transmission and distribution.
  • In an exclusive interview with Energy Capital & Power, Maggy Shino, Petroleum Commissioner of Namibia’s Ministry of Mines and Energy, discusses the country’s efforts to fast-track the development of breakthrough discoveries in the Orange Basin.

Q: What does the pathway to first oil look like for Namibia? Are there any updates on the technical and commercial viabilities of the recent discoveries?

Namibia has been on a roll since 2022, in that nearly every hole that has been drilled in the subsurface has yielded a positive indication of hydrocarbons. Between February 2022 and July 2023, we have had oil discoveries: the Graff-1, Jonker- 1X, La Rona-1 and Lesedi-1X …

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  • Choosing the right business structure is a crucial step toward setting up a successful venture in Tanzania, a country with vast natural resources.
  • With various options available, it can be overwhelming to determine which one suits your needs and goals best.
  • In this article, whether you’re considering a sole proprietorship, a public limited company, or a partnership, we’ve got you covered.
United Republic of Tanzania at a Glance:

2024 Projected Real GDP (% Change): 6.1

2024 Projected Consumer Prices (% Change): 4.

Country Population: 65.231 million

Source: International Monetary Fund (IMF)

Are you an aspiring entrepreneur in Tanzania? If so, choosing the right business structure in Tanzania is a crucial step toward setting up a successful venture. With various options available, it can be overwhelming to determine which one suits your needs and goals best. That’s where this blog comes in.

In this comprehensive guide, we will walk you …

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  • Before diving into the intricate details of the crypto market, it is imperative to educate yourself on what Bitcoin is, how blockchain technology works, and the underlying principles of decentralized finance.
  • While Bitcoin remains the flagship cryptocurrency, diversifying your crypto portfolio can be a prudent move.
  • Consider exploring alternative cryptocurrencies, commonly known as altcoins, to spread your risk across different assets.

In the ever-evolving landscape of the financial world, cryptocurrencies have emerged as a force to be reckoned with. Bitcoin, the pioneer in this digital currency revolution, has been making waves in the market.

As more investors and enthusiasts flock to the crypto space, it becomes crucial to navigate the volatile waters with a well-thought-out strategy. In this article, we’ll explore some strategies for success in the world of Bitcoin and other cryptocurrencies.

Understand the Basics: The Foundation of Success

Before diving into the intricate details of the crypto market, …

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  • The digital revolution has transformed how we approach education. Today, we have the world at our fingertips – literally.
  • From researching to drafting and editing, every step of creating a college assignment can be enhanced with technology.
  • Utilizing these resources saves time and ensures that your references are credible and up-to-date.

Navigating through the labyrinth of college assignments can be quite a challenge. It’s like being an explorer in the vast world of academia, where each assignment is a new territory to conquer.

But what if you had a map and compass in the form of technology? In today’s digital age, tech tools are not just accessories but essential allies in the quest for academic success.

The Digital Revolution in Education

Remember the days of poring over stacks of books in the library? While traditional methods are charming, the digital revolution has transformed how we approach education. Today, we have

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  • Startups can leverage the power of AI and automation to streamline operations, gain invaluable insights, and trim down expenses.
  • Integrating Environmental, Social, and Governance (ESG) criteria is emerging as a pivotal trend, transcending buzzwords to become integral deal-breakers among startups.
  • Startups that invest in robust remote work infrastructure and flexible policies are poised to attract top talent and adapt to evolving work preferences.

As we enter the dawn of a New Year, startups in 2024 are poised for a dynamic transformation, with several vital trends taking centre stage across the globe. AIM Startup delves into the forefront of these on-demand trends, offering valuable insights that investors and industry players should keenly observe.

According to the 13th edition of the Annual Investment Meeting (AIM) startup – a crucial platform under AIM Congress 2024 – the acceleration of digital transformation is set to define the entrepreneurial landscape this year.

Startups are no …

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  • One of the convenient instruments for shielding investment portfolios from market uncertainties is South African gold exchange-traded funds (ETFs).
  • South African Gold ETFs represent a distinctive investment vehicle designed to provide investors with exposure to the gold market without the complexities of owning physical gold.
  • These ETFs are created to mirror the movements in the price of gold, typically denominated in the South African rand.

Embarking on the realm of gold investment often stands as a pivotal shield for portfolios during periods of financial fluctuations and market uncertainties. One of the convenient instruments for such a purpose is South African gold exchange-traded funds (ETFs).

In this article, we delve into the prospects of investing in gold in South Africa, discussing potential benefits, risks, and the necessary steps to initiate engagement in this exciting market segment.

Understanding South African Gold ETFs

South African Gold Exchange-Traded Funds (ETFs) represent a distinctive …

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  • Ghana has regained its position as Africa’s top gold producer, with a remarkable 32 per cent increase in production of the mineral in 2022.
  • South Africa’s gold production has seen a year-on-year increase of 2.2 per cent as of October 2023.
  • In 2022, crisis-saddled Sudan’s gold production was reported at 50,000.000kg.

An in-depth exploration of the top five gold-producing countries in Africa in 2023, analyzing their production statistics, mining operations, and the level of political stability in each country.

Welcome to a comprehensive exploration of the top gold-producing countries in Africa. The continent, known for its rich mineral resources, has several nations contributing significantly to the global gold market. This article delves into the gold production statistics, major mining operations, and the political stability of the top five gold-producing countries in Africa as of 2023.

Gold-Producing Countries in Africa

  1. Ghana: Regaining the Top Spot
  2. South Africa: A Major Player in
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