Author: James Wambua

The pair have entered into their second, three-year agreement to scale and replicate successful Foreign Direct Investment partnership models. Agreement will set up mechanism to measure progress and results as well as joint marketing initiatives to strengthen cooperation and explore new investment opportunities. Both parties will carry out joint marketing efforts, training, and seminars to strengthen cooperation and explore new investment opportunities in Africa. MIGA, the Multilateral Investment Guarantee Agency, has teamed up with African Trade and Investment Development Insurance (ATIDI), an insurance services provider, to accelerate the flow of foreign direct investments across Africa. As a key branch of…

The AIM Congress 2025, scheduled for April 7-9 in Abu Dhabi, will gather global startup entrepreneurs, investors, and regulators under the theme “Connecting Visionaries and Building Futures.” The event aims to provide startups with insights, strategies, and opportunities to leverage the latest technologies and trends in the evolving digital ecosystem. Participants will collaborate on fostering innovation, forming cross-border partnerships, and driving growth towards building future unicorns. For startup entrepreneurs globally, the primary dream is to see their idea evolve into one thing: unicorn. To achieve this feat, however, one has to invest a fortune in time, strategy, networks, tech to…

It is challenging to maximise AI’s benefits for children’s education and growth, while also ensuring their privacy, healthy development, and emotional well-being. From privacy concerns and the danger of over-trust to the spread of misinformation and possible psychological effects, AI challenges are many. Information collected from AI chatbots, when used for malicious purposes, can enable powerful manipulative tactics to spread misinformation, and polarisation. Across Africa and the world, artificial intelligence is powering one of the most defining revolution in the history of mankind. In just under two years, Generative AI tools such as ChatGPT, Google’s Gemini, and Microsoft’s Copilot are…

Kenya solidifies its position as East Africa’s tourism hub, with Nairobi chosen to host the Africa Youth in Tourism Innovation Summit for 2025, 2026, and 2027. The summit, which draws hundreds of innovators, government leaders, and tourism experts, will boost Kenya’s post-COVID tourism recovery. Organized by TEAMS Africa, the event underscores Nairobi’s growing prominence on the global tourism stage following a successful edition in Namibia. Kenya, East Africa’s travel and tourism industry hub, has yet again cemented its position in the hospitality sector after the capital Nairobi was picked to host the Africa Youth in Tourism Innovation Summit and Challenge…

The International Property Show (IPS) contributes to achieving the goals of Dubai’s Real Estate Sector Strategy 2033. Currently, Dubai’s property industry is experiencing growth powered by a rising population and business. Dubai has long been recognized as a trailblazer in modern property investment in the region. Players in the real estate industry from across the world will be converging in Dubai next year in a showcase that is poised to strengthen the Gulf city’s leadership in fostering collaboration among private sector investors. In an expo scheduled between April 14 and 16, Dubai is gearing up to host the 21st edition…

The trio’s collaboration focuses on a joint response that will help countries better prepare and respond to public health threats. Trio says their alliance will leverage each other’s expertise to help countries strengthen pandemic preparedness and enhance resilience during pandemics. According to the WHO, the COVID-19 pandemic highlighted the need for new sources of financing to bolster health systems. The leaders of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on a broad-based cooperation to boost the world’s pandemic preparedness. In a statement to the press, the three global institutions…

Innovate UK and SITA aim to develop solutions to curb carbon emissions by 20 per cent at airports. The two entities are seeking innovators to present innovative solutions to tackle this persistent challenge. The successful solution will initially be piloted in either South Africa, Nigeria or Kenya airports. SITA, the global leader in technology solutions for the air transport industry, has formed an alliance with Innovate UK, the national innovation agency of the UK Government, to roll out strategies to cut African airport emissions. In the deal, Innovate UK and SITA aim to develop solutions to curb carbon emissions by…

The latest Stanbic IBTC Bank Nigeria PMI shows most companies continued to report less demand, attributable to an increase in the cost of products. Nigerian industries reported the sharpest rise in input costs and output prices in six months. High pump prices, transportation, and materials for manufacturers continued to hurt businesses in the month under focus. Inflation in Nigeria Rising inflationary pressures in Nigeria hit businesses hard at the close of the third quarter, with selling prices increasing by the sharpest margin in six months. The country’s private sector reported marginal job opportunities in September, the lowest in the previous…

IMF: Juba is grappling with economic woes partly resulting from the spillovers of the war in Sudan and recurrent flooding. Oil revenues are exhausting because the pipeline that carries 70% of South Sudan’s oil exports has been inoperable since February 2024. These challenges are negatively impacting the country’s economic and social outcomes. The ongoing war in Sudan, as well as floods attributable to extreme weather patterns, have pushed South Sudan’s economy to the red, with reports showing the country suffered -6 percent contraction in the period ending June 2024 In an update shared by the International Monetary Fund (IMF), South…

AIM Congress 2025 is poised to show innovations that promise to redefine the finance industry at every level. The case for emerging digital currencies amid the need for cross-border regulatory requirements to feature in talks. Future of finance discussions to encompass fintech, sustainable finance, and risk management. Globally, an evolution is underway. Innovations are defining the future of finance as individuals and corporations adopt new ways of borrowing, transacting, and investing. Policy decisions on interest rates in key markets, vice-like regulatory requirements, and the now ubiquitous digital currencies are increasingly pushing governments to adopt mechanisms to accommodate new demands, and…