- Kenya’s NCBA’s regional bet pays off, positioning lender for South Africa’s Nedbank era
- Dubai-based port giant DP World is playing the long game in Africa
- The $24 million question: Can Tanzania close its trade deficit with Egypt?
- Space data and technology can help Africa tackle food security, climate risks and drive economic growth
- S&P Global secures majority stake in Nigerian rating agency Agusto & Co., expanding presence in Africa
- Standard Bank hits $1.2 billion in Yuan payments as China-Africa trade surges
- In Kenya’s Mrima Hill, a test case for Trump’s Africa critical minerals strategy unfolds
- Africa’s tourism boom may begin in churches, not in the vast game reserves
Author: James Wambua
James Wambua is a seasoned business news editor specializing in various industries including energy, economics, and agriculture. With a comprehensive understanding of these industries across Africa, he excels in delivering accurate and insightful news coverage that keeps readers informed about key developments and trends.
“Africa is like China 20 years ago, you see where China is now, so Africa is moving there,” Nael Hailemariam, Founder/CEO Chapa tells global leaders, and investors at AIM Congress 2024. Africa’s startup evolution is on, fueled by innovation and a youthful demographic dividend. This comparison of Africa to China’s meteoric rise serves as a compelling narrative for investors seeking untapped markets brimming with promise. A panel discussion titled “The New Geographical Focus of Startups: Spreading Digital Innovation to Africa and Other Places” at the ongoing AIM Congress 2024 in Abu Dhabi has shed light on the startup evolution unfolding…
Industry leaders, policymakers, and visionaries are meeting in Abu Dhabi for the 13th edition of AIM Congress 2024. Key discussions on the second day focused on advancing global health security and promoting sustainable local production. H.E. Mansoor Ibrahim Al Mansoori, Chairman of the Department of Health in Abu Dhabi, underscores the significance of equitable pathways and innovative strategies for a healthier future. The 2024 AIM Congress, currently underway at the Abu Dhabi National Exhibition Centre (ADNEC) up to May 9th, has become a hub for industry leaders, policymakers, and visionaries. This gathering is witnessing unprecedented convergence aimed at fostering dialogue,…
The Joint Venture will serve to boost global investment and economic development by synergistically combining both parties’ key capacities in the market. Both entities aim to leverage their respective strengths to advance LB Investment’s initiatives. Established in 1996, LB Investment has consistently been recognized as one of Korea’s premier fund managers. AIM Global Foundation, an independent international organization dedicated to empowering investments across the world, and Korea-based LB Investment, which has $1 billion Assets Under Management (AUM), have announced the set-up of a Joint Venture, along with a landmark Memorandum of Understanding (MOU) at the ongoing AIM Congress 2024 in…
Madagascar’s first gold refinery following a strategic partnership and support from the United Arab Emirates. Andry Rajoelina, President of Madagascar, terms the move “a major step in the development” of the country’s mining sector. At the AIM Congress 2024, Madagascar is marketing its rich potential as an emerging market and its pivotal role in regional trade dynamics. Madagascar’s first gold refinery Madagascar is set to join the elite club of countries with gold refinery plants in the world following strategic partnerships and support from the United Arab Emirates (UAE). In his keynote address at the opening ceremony of the 13th…
The Strategic Partner for the event is Saud Bahwan Group. Moroccan Investment and Export Development Agency and Jordan’s Ministry of Investment are the Gold Partners. Silver Sponsors for the event are the Ajman Chamber of Commerce and Industry, and Invest in Sharjah. Key partners of the AIM Congress 2024 have backed the vision of the event as an exceptional platform for exploring new ways to enhance global economic and investment cooperation. The 13th edition of the 2024 AIM Congress is supported by over 330+ international and global partners, who have affirmed that the summit has evolved into a global gathering…
AIM Congress 2024 attendees were treated to a plethora of insights and strategies aimed at enhancing investment attraction and bolstering economic growth. One of the standout sessions was “Digital Marketing Solutions: by WAVETEQ,” focusing on cost-effective digital marketing strategies. The innovation and technology track showcased cutting-edge solutions to revolutionise urban planning, smart city development, and digitalization in various sectors. Strategic collaborations and insightful discussions on global business are set to peak as AIM Congress 2024 begins Tuesday, May 7th, 2024. On the eve of the international forum, the premier global investment platform has concluded its series of pre-event workshops held…
Kenya and Tanzania, already reeling from nature’s fury, now confront the looming threat of Cyclone Hidaya. Cyclone Hidaya’s trajectory places the eastern coast of Tanzania squarely in its crosshairs as neighbouring Kenya braces for floods. The relentless deluge gripping East Africa originates in the El Nino weather pattern. Millions of people in Tanzania and Kenya are on edge as Cyclone Hidaya, a formidable tempest, barrels toward the region, exacerbating the havoc wrought by ongoing heavy downpours and catastrophic floods that have claimed hundreds of lives across East Africa. Kenya and Tanzania, already reeling from nature’s fury, now confront the looming…
US Congress members ask Speaker Mike Johnson to invite President Ruto to address the assembly. President Ruto will be visiting the US on May 23 to mark 60 years of US-Kenya diplomatic ties. If invited, President Ruto would become the first Kenyan Head of State to address a joint session of US Congress. In a historic plan highlighting the deepening ties between the United States and Kenya, House Foreign Affairs Committee chairman Michael McCaul (Republican – Texas) and Ranking Member Gregory Meeks (Democrat – New York) have jointly sent a letter to Speaker of the House Mike Johnson (Republican -…
19 African Heads of State seek to triple IDA’s financing capacity to $279 billion by 2030. IDA remains [Africa’s] most dependable source of capital, with every dollar of donor financing enabling an additional $3.5 in capital market leverage to amplify development impacts: President Ruto We are united by a shared vision for the future of Africa—a continent rich in diversity, culture, and potential, thanks to its young people and natural resources: The World Bank Group President Ajay Banga. In a historic gathering of 19 African Heads of State and government in Nairobi, Kenya’s President William Ruto has ramped up calls…
AIM Congress promises to be a melting pot of insights, strategies, and opportunities aimed at shaping the future of global investment. The congress has carved a niche for itself as a premier investment platform dedicated to fostering collaboration and driving innovation. The Innovation and Technology Track will delve into the latest trends and innovations across various domains, including artificial intelligence, the Internet of Things, smart agriculture, and bockchain technology. The anticipation is building as the AIM Investment Summit 2024 gears up to host over 450 dialogue sessions, featuring 900 speakers and experts from around the globe. In collaboration with over…













