Trending
- Why Africa’s population explosion is a mixed bag of opportunities and challenges
- Africa’s capital market access is improving, and so is the appetite for Eurobonds
- From safari icons to status symbols: The dual fate of Tanzania’s black rhinos
- Tanzania taps $149 million IMF loan for budgetary support
- Africa poised for fastest growth in $8 trillion cooling systems market
- Rwanda-based Bboxx eyes generating $100M worth of carbon credits in Africa
- Telemedicine Services in Murang’a County: Kenya’s technological Initiative to Decentralize Healthcare
- The bitter pill of cocoa’s value chain in Ghana and Ivory Coast
Investing
- With its multiple technologies, Bboxx is trailblazing in the green energy space, scaling its operations across Africa and projecting to offset over 20 million tonnes of CO2.
- Bboxx has been awarded Gold Standard certification for carbon credit programs based on solar home systems, clean cooking alternatives, and solar-powered water pumps.
- Implementing carbon programs allows Bboxx to accelerate market growth potential by reaching over 4 million customers in five African countries.
Rwanda-based Bboxx plans to offset over 20 million tonnes of carbon and generate $100 million worth of carbon credits through clean energy projects in Africa.
In this initiative, Bboxx projects to positively impact the lives of over four million customers across Rwanda, Kenya, Nigeria, Togo, and the Democratic Republic of Congo (DRC).
These revelations follow Bboxx’s recognition with the Gold Standard certification for its continued rollout of clean energy projects in five African countries. This certification marks a vital moment …
- Kenya’s private equity deals size are expected to remain modest this year.
- However, despite the high optimism, deal sizes in East Africa are expected to remain modest.
- However, businesses are concerned that firms will be scouting for exits, too.
Kenya and its East Africa peers are confident that the fundraising environment for businesses will continue improving in the next 12 months even as the continent experiences mixed expectations.
New findings by Audit firm Deloitte show that while East and West Africans largely anticipate an improvement, opinions in North and Southern Africa are divided, with some expecting improvements, others predicting stagnation, and some foreseeing deterioration.
This outlook comes against the backdrop of persistent high interest rates, inflation, and geopolitical uncertainty, which led to a 9 per cent drop in finalized funds year-on-year in 2023.
The Deloitte Africa Private Equity Confidence Survey 2024, shows that in East Africa, optimism is on …
The opulent and contemporary Downtown Dubai is a global attraction for Vietnamese investors. It is a lively neighbourhood that was built by Emaar Properties and contains some of the most famous structures in the world such as Burj Khalifa and Dubai Mall; therefore, it is an ideal place for investing in property. In this article, we will look at different kinds of real estate in Downtown Dubai which are attractive to Vietnamese buyers.
Overview of Downtown Dubai
Situated between Sheikh Zayed Road and Financial Centre Road, the Downtown Dubai neighbourhood is a mixed-use development located at the centre of the city. This area contains everything; residential, commercial, and leisure spaces for both residents and visitors. The tall skyscrapers, luxury apartments, and top-notch facilities define this as among the best areas to invest in Dubai property-wise.
Types of Properties Available
Apartments
Downtown Dubai provides a broad choice of luxury apartments that …
- Kenyan Small and Medium Enterprise (SME) Cake City has opened a new branch along Kiambu Road as part of its proactive expansion strategy
- The new outlet is located at EBC Centre within Shell Petrol Station near Evergreen Centre and now brings Cake City’s total operating outlets to nine, and it is the first store to be opened in 2023
- Cake City CEO Mohamed Zahir said the decision to expand along Kiambu Road was also supported by rapid development and expansion activities being witnessed in the area
Cake City, an award-winning small and medium enterprise in Kenya, has opened a new branch along Kiambu Road as part of its proactive expansion strategy.
The new outlet is located at EBC Centre within Shell Petrol Station near Evergreen Centre and now brings Cake City’s total operating outlets to nine, and is the first store to be opened in 2023. The company has branches …
- A report by the Institute of Public Finance has projected that Kenya’s economy will remain subdued in 2023, growing at a projected 5%
- The growth will be at the back of a persistent rise in commodity prices, global events and a high risk of debt distress
- Support for the agricultural sector and easing of fiscal pressure through budgetary consolidation are among the areas that are likely to shape economic performance during the current budget cycle
A new report has projected that Kenya’s economy will remain subdued in 2023, growing at a projected 5%, owing to a persistent rise in commodity prices, global events and a high risk of debt distress.
According to the Macro-Fiscal Analytic Snapshot 2022/2023, there is an opportunity for Kenya’s economy to register a remarkable upward trend if the government focuses more on fiscal consolidation efforts that include cutting back on non-priority expenditures to increase investment and …
- Serviced office space provider, Workstyle Africa, has announced plans to invest $2 million to open five one-stop-shop entrepreneurship centres and work spaces in East Africa.
- The firm has partnered with SNDBX International, a business growth ecosystem, to open the centers.
- Each Workstyle location will have a SNDBX wing with more than 20 resident business support experts.
Serviced office space provider, Workstyle Africa, has announced plans to invest $2 million to open five one-stop-shop entrepreneurship centres and work spaces in East Africa.
The firm has partnered with SNDBX International, a business growth ecosystem, to open the centers aimed giving entrepreneurs and SMEs within these spaces personalized access to round the clock business experts to support their growth.
Workstyle Africa builds and manages beautifully designed, high end, flexible workspaces at competitive pricing, while enabling companies to manage new hybrid-work models and enhancing their employees’ work environment.
“Each Workstyle location will have a
- Tanzania President Samia Suluhu has urged the world to look to Africa for energy amid the climate, energy and geopolitical crises that have been raging for some years now.
- Speaking during the 53rd World Economic Forum Annual Meeting as a session on “Repowering the World” Suluhu said Africa has everything when it comes to energy.
- Africa needs a lot of energy as many Fourth Industrial Revolution technologies are being applied there and a lot of related manufacturing is carried out there.
Tanzania President Samia Suluhu has urged the world to look to Africa for energy amid the climate, energy and geopolitical crises that have been raging for some years now.
Speaking during the 53rd World Economic Forum Annual Meeting as a session on “Repowering the World” Suluhu said Africa has everything when it comes to energy.
“It is time the world looked to Africa for energy. We have everything when …
- Africa is heavily dependent on fossil fuels, which not only contribute to climate change, but also make the continent vulnerable to price fluctuations in the global oil market.
- Renewable energy projects in Africa, such as solar and wind power, are starting to gain momentum and are showing great promise as a solution to these challenges.
- Investing in renewable energy in Africa not only helps to address these challenges, but also brings a host of benefits.
As the world continues to shift towards a more sustainable future, Africa is emerging as a key player in the renewable energy sector. With vast stretches of land and abundant sunshine, Africa has the potential to harness the power of the sun and wind to generate electricity, creating economic opportunities and reducing dependence on fossil fuels.
Currently, Africa’s energy sector faces significant challenges. Many countries in the region lack access to electricity, with nearly 600 …
- The African diaspora is a diverse group, with communities found in countries all over the world, including the Americas, Europe, and Asia.
- The African diaspora can contribute to Africa’s GDP and development through investment, remittances, and the transfer of skills and knowledge.
- Diaspora investments also add significant value to African enterprise. The World Bank records over US$80 billion sent to and within Africa in 2020.
The African diaspora, the dispersal of people of African descent throughout the world, has had a significant impact on both Africa and the African diaspora communities. The transatlantic slave trade, colonialism, and other historical events have led to the dispersal of millions of people of African descent throughout the world. The experiences of people of Africans in diaspora communities have been shaped by these historical events and continue to be felt today.
The African diaspora is a diverse group, with communities found in countries all …
