Another study by PureProfile, an advertising agency company, surveyed investors responsible for around US$700 billion assets under management. The results showed that twenty-five per cent of investor managers expect Africa’s internet industry to increase by 51 per cent in the next three years.

Over 71 per cent of professional investors expect the affordability of mobile phones in Africa to improve by 2025. Currently, the mobile phone economy accounts for an average of 6.8 per cent of monthly incomes. Ninety-seven per cent of all professional investors believe that the Coronavirus pandemic has accelerated the demand for mobile phones.

World Mobile is compounding its unique hybrid mobile network supported by low altitude platform balloons in Zanzibar, which it plans to roll out throughout the continent. The company is already in discussions with government officials in Tanzania, Kenya, and other territories underserviced by traditional mobile operators.…

Nairobi needs a few changes in transport. First of all, the Central Business District should be free of Matatus. This means of transport is as old as independent Kenya and on a good day, ferries 80 per cent of Nairobi dwellers. It also racks millions in income both for individuals as well as taxes. However, the industry makes the city lose more than it makes.

Matatus are known for breaking all transport rules including double parking, blocking lanes and sometimes harbouring criminals. It costs even more money to position policemen and county government officers to reinforce discipline.

Trams and light rails have always been mooted. However, the cost and time for this have made the idea be delayed. Creating circular high capacity-bus trips commonly known as Bus Rapid Transport (BRT) system in key roads around the CBD and fed by well-positioned termini from the estates will ensure that there is …

• Tropical storm Ana in January 2022 affected 180,869 people, injured 207 people, killed at least 38 people and flooded a total of 70,982 hectares of land.
• In two weeks, Madagascar, the most cyclone exposed country in Africa, experienced both Ana and Batsirai cyclones.
• The strength of Cyclone Batsirai could increase and spread to other countries in the Southern Indian Ocean.

Several cyclones, from Cyclone Ana, Batsirai, Idai, Eloise, Kenneth and Tropical Storm Chalane, have tormented the southern part of the African continent – from South Africa, Mauritius, Madagascar, Mozambique, Malawi and Zimbabwe.
A cyclone is a tropical storm with heavy winds rotating inwards to an area of low pressure. An anticlockwise circulation occurs in the northern hemisphere, while a clockwise circulation happens in the southern hemisphere.
The frequent occurrence of these storms indicates the heightening effects of climate change in the southern region of Africa and the world at large. …

Findings show that increasing costs in every market due to a year of supply disruption did not deter data centre demand in most markets including Nairobi and Johanessburg.

The two African capitals were among 44 other locations that were surveyed. 

According to the study, despite the negative impact of the coronavirus pandemic, demand remained relatively steady when compared to other industries owing to governments’ decisions to make working and schooling from home mandatory. …

• Total students enrolled in the sixteen Regional Flagship TVET Institutes (RFTIs) increased from 6,971 students at baseline to 30,776 students at mid-term
• The project has surpassed its initial target to enrol 20,000 students annually in long-term and short-term training programs.
• According to the World Bank Enterprise Survey of 2015, over 25 per cent of firms surveyed in sub-Saharan Africa reported an inadequately educated workforce as a significant hindrance.

Education in Africa

Student enrolment in Technical and Vocational Education and Training (TVET) colleges in East Africa has quadrupled from the baseline data.

In February, the Inter-University Council of East Africa (IUCEA) released a mid-term evaluation report supported by the World Bank-funded East Africa Skills for Transformation Project (EASTRIP) in Mombasa, Kenya 1.

The report was carried out to evaluate the project’s performance in its mid-term. It revealed that the total students enrolled in the sixteen Regional Flagship TVET Institutes (RFTIs) …

According to the World Bank, Egypt has risen to become the richest country in Africa measured by GDP, which stands at US$1.38 trillion

Haya Karima, which means Decent Life, is a national project to develop the Egyptian Countryside.

The National Project for Developing the Egyptian Countryside is an initiative estimated to cost US$1.1 trillion

The Richest Country in Africa

The National Project for Developing the Egyptian Countryside is an initiative estimated to cost US$1.11 trillion. This project will impact at least 1,350,366 households. President Abdel Fattah al-Sisi said in January 2021 that the projects would be complete in three years.

US$ 519.28 million of the total funding will come from the International Fund for Agricultural Development (IFAD).

IFAD is an agency of the United Nations dedicated to alienating poverty and hunger in developing countries across the globe.

The government that took power in 2014 inaugurated a series of projects to …