- World Bank-backed MIGA and insurer ATIDI in deal to scale FDI flows in Africa
- Kenya adopts a new global messaging standard platform for bulk payments
- Africa’s economic growth stalls amid debt crisis, education reforms key to inclusivity
- Kenya’s mobile network revenues squeezed by rise in Internet calls and texting
- Why financial inclusion in Tanzania remains a big challenge
- AfDB-backed MADE Alliance to digitize 100 million farmers in Africa
- Is illicit finance dimming the shine in Tanzania’s mining sector?
- Five hidden work habits sabotaging your career
Opinion
- WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox.
- An uptick in cases, especially in Burundi, Kenya, Uganda, and Rwanda, along with sporadic cases in Europe, prompted the WHO’s emergency declaration.
- Despite these concerns, mpox is not likely to evolve into a pandemic akin to COVID-19.
Last week, the World Health Organization (WHO) declared mpox (formerly known as monkeypox) a Public Health Emergency of International Concern. This decision underscores the escalating threat posed by the virus, which surged globally in 2022 but has since seen a troubling resurgence, particularly in Africa. The WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox, a virus with significant public health implications.
Mpox, a member of the same viral family as smallpox, is a rare but severe infection. It manifests through symptoms akin to chickenpox, including fevers, swollen …
- Existing scientific research in Africa’s renewable energy transition often overlooks certain dispatchable technologies that could enhance grid flexibility.
- Studies primarily focus on zero-carbon dispatchable technologies like concentrated solar power and geothermal, despite their limitations in efficiency, reliability, and cost.
- Balancing engine power plants, which are globally recognized for their flexibility, reliability, and cost-effectiveness, are notably absent in these analyses, despite their potential to run on clean fuels in the future.
It is no longer disputed that solar and wind power will be the foundation of Africa’s future energy systems. They are perfectly suited to the continent’s unique conditions and are already the most cost-competitive power option in almost all cases. This consensus spans academia, businesses, and policymakers who all recognize the potential of renewable energy to meet Africa’s growing needs sustainably.
They also readily acknowledge the intermittent nature of renewables, and the associated need for flexible power capacity within the …
- Creating a “greater purpose” is essential to Onafriq’s corporate culture, driving its growth and unifying Africa’s digital payments.
- Onafriq’s digital payments network connects over 1,300 cross-border payment corridors and facilitates financial access for over 500 million mobile wallets and 200 million bank accounts in 40 markets in Africa.
- Overall, Onafriq empowers small businesses and women entrepreneurs by providing access to digital payment options, asset-based financing services, and additional income opportunities.
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the evolving landscape of corporate philanthropy. This is the philosophy behind Africa’s largest digital payments network, Onafriq’s, extensive growth and vision to unify the continent’s digital payments landscape according to its General Counsel and Chief Risk Officer Funmi Dele-Giwa.
Dele-Giwa recently shared insights into the organisation’s unique position at the intersection of social impact and commercial ambition at the Women in …
- For businesses, adopting circular economy principles means less cost in hauling waste to dump sites.
- Circular economy means gaining new sources of revenue from selling by-products in manufacturing and using less energy.
- While circular economy concepts make intuitive sense to most investors, the opportunities have yet to be fully explored.
According to a new academic study published in the Frontiers in Sustainability, there are five areas of opportunities where businesses and investors can uncover wealth-building opportunities while improving the environment.
This study “Toward a preliminary research agenda for circular economy adoption in Africa”, by lead author Elke Nijman-Ross, reviewed 275 publications and analyzed the survey results of 38 circular economy experts to uncover the consensus for identified opportunities for further exploration of the circular economy in African countries including Kenya, Rwanda, Tanzania, Ethiopia, Uganda, DRC and Mozambique in East Africa.
The concept of a circular economy, described by …
- Initiated by UNECA, the Trans-African Highway project aims to integrate the continent through an expansive road system.
- Despite political obstacles, renewed momentum from the African Continental Free Trade Agreement (AfCFTA) is rejuvenating this grand vision.
- With gradual removal of barriers to internal trade, Africa stands on the brink of a historic opportunity to enhance trade, tourism, and growth.
The Trans-African Highway network, a bold blueprint conceived to foster economic integration on the African continent, has been a captivating vision since its inception in 1971. Initiated by the United Nations Economic Commission for Africa (UNECA), the project aims to integrate the continent through an expansive road network.
Despite political obstacles and inconsistent collaboration between countries, renewed momentum from the African Continental Free Trade Agreement (AfCFTA) is rejuvenating this grand vision. In recent years, the UNECA, the African Union (AU), and the African Development Bank (AfDB) have worked jointly to …
- For Africa, 2023 looks set to become a year of solid recovery and tourism could play a big role in unlocking Africa’s potential.
- The roll-out of the African Continental Free Trade Area (AfCFTA) is expected to boost business travel within the continent.
- Unfortunately, the high costs of flights within and to Africa are posing a significant barrier to unlocking the continent’s tourism and trade potential.
Nairobi — Tourism in Africa has a promising future, and 2023 looks set to become a year of solid recovery. A recent report from the African Travel and Tourism Association (ATTA) shows high levels of optimism among respondents, with 82 per cent positive about the short-term outlook and 90 per cent in the long term. With tourism rebounding sharply after Covid-19 and the African Continental Free Trade Area (AfCFTA) expected to boost business travel within the continent, the optimism might be …
- The long-term effects of Covid-19 and the climate crisis are felt more acutely in Africa than elsewhere.
- Africa’s additional financing needs resulting from the pandemic will amount to $285 billion over the four years ending 2025.
- Sub-Saharan Africa endured a recession in 2020 for the first time in 25 years.
NEW YORK – Africa bears virtually no responsibility for the greenhouse-gas emissions driving the climate crisis. It is not responsible for the conflicts or supply-chain disruptions that have driven global inflation. Nor did it trigger the spread of COVID-19, let alone cause the pandemic’s economic fallout. And yet the long-term effects of this trio of crises linger perhaps more acutely in Africa than elsewhere.
Africa grappling with anemic economic growth
The International Monetary Fund has estimated that Africa’s additional financing needs resulting from the pandemic will amount to $285 billion over the four years ending in 2025. But inflation, exchange-rate …
- As temperatures keep rising and emissions soar, the planet, too, continues to break (dangerous) new records.
- Climate change is a shared problem that the global community must solve by working together.
- With a strong partnership between Africa, Europe, and the rest of the international community, Kenya, can make significant contributions to the global transition to a net-zero economy.
NAIROBI – Last year in Berlin, the great Kenyan long-distance runner Eliud Kipchoge broke the world marathon record, clocking 02:01:09 and beating his previous time by 30 seconds. His success has made him a legend not only in Kenya but globally. It offers a useful lesson for everyone involved in the fight against climate change. Kipchoge’s winning strategy is rooted in the science of running (as well as 120 miles of hard work every week), and our own approach to the climate crisis must involve the same level of commitment and …
It all started with a Tweet which called out on Elon Musk to come and invest in Tanzania to which Musk responded that Starlink is soon coming to Tanzania and that they are just waiting for government approvals. The Minister for Information, Communication and Information Technology, Honourable Nape Nnauye, responded to Elon Musk’s twitter stating that the application was already reviewed and that Starlink was to meet some requirements that were outstanding.
Twitter Tanzania went wild! Everyone was scurrying to welcome Elon Musk’s investment in Tanzania and wondering why it was taking so long. The star effect of Elon Musk is undeniable however, regulatory officials need to look past the stardom and look at the merits of the investment.
Starlink is a satellite internet constellation operated by SpaceX providing satellite Internet access to most of the Earth. The constellation consists of about 2000 satellites and the number is growing.…