• Next month, the 2nd Canada-Africa Business Conference in Nairobi signifies an opportunity for stakeholders to explore avenues for investment.
• Canada has been one of Kenya’s big trade partners with Kenyan exports to Canada estimated at US$18.71 million in 2022.
• The Canada-Africa Business Conference is a testament to the growing economic ties between the two regions.

Nairobi will host the second Canada-Africa Business Conference slated for February 2024, as the North American country looks to increase its grip on regional investments.

The Canada-Africa Chamber of Business announced that the annual gathering slated for the 19th to 20th of February 2024 in Nairobi, will be inaugurated by Kenyan President William Ruto and will seek to foster bilateral trade relations and investment opportunities between Africa and Canada.

The conference will serve as a platform for government officials, business leaders, and entrepreneurs from both nations to engage in constructive dialogue, explore potential collaborations, and …

• Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that will drive East Africa trade.
• Within the Southern Africa region, higher integration will drive its share of total intra-Africa exports to a third by 2035.
• The MENA Region and the Middle East-East Africa corridors will also be substantial, with combined trade volume expected to reach almost USD200 billion by 2035.

Increased infrastructure interconnectivity by the African states has been identified as the key driver that will lead to success of the African Continental Free Trade Area (AfCFTA). Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that will drive East Africa trade.

This comes after members after some member states expressed concern that the African trade system has failed to grow beyond the estimated 14–15 per cent over the last three to four years.

However, prospects are now positive that intra-Africa trade will grow 3.9 per …

• Indonesia has agreed to support Tanzania in developing its agriculture industry through funding and training at the Farmers Agriculture and Rural Training Centre in Morogoro.
• Additionally, Indonesia, which also has a thriving pharmaceutical industry, will invest in Tanzania through its pharmaceutical companies.
• As part of this expanding collaboration, the Diplomatic Schools of Tanzania and Indonesia have agreed to exchange students and professors.

A mutually beneficial trade and investment partnership is blossoming between Tanzania and Indonesia. At the centre of this strengthening alliance, the two nations are building bridges and targeting investments in key sectors such as agriculture, minerals, marine resources, the economy, education, diplomatic relations, technology, and trade.

Last week, President Samia Suluhu Hassan made a state visit to the Oceania nation, a move aimed at enhancing bilateral relations and forging new economic partnerships between Tanzania and Indonesia.

President Suluhu’s visit, which took place from January 24 to 26, forged …

• There is a Climate Funding gap of 40 billion dollars in blue carbon, yet no Kenyan firms are undertaking it.
• According to the World Bank, Kenya remains vulnerable to frequent climatic shocks that pose significant economic risks.
• The East African country has been gravely affected by changing weather patterns and a fall in disposable income available for necessities.

Despite their considerable potential, Kenya is foregoing billions of dollars in untapped climate financing opportunities. While many startups are entering this sector, industry experts argue that the current figure remains insufficient to combat climate change adequately.

Pangea Accelerator, an investment platform that provides funding for startups and small and medium enterprises (SMEs), says that the region needs to grow the number of startups, fully focusing on the environment. The Founder of Pangea, Jonas Tesfu, says that as a country, Kenya needs to have a lot of innovative businesses join climate change initiatives …

• 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 …

• 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, …