In your copy of The Exchange this month
*How AI will change the landscape for Africa
*Understanding the tough times African economies will face as the global business slows
*Gold for Oil: How Ghana aims to rebuild its economy
*Democracies and Elections in Africa in 2023
*Achieving Nuclear Energy in Africa
In 1923, South Africa had over 40 municipalities and 18 private companies, each struggling to dominate the industry. Despite the efforts of the SA…
Africa is set to establish a $1B orbital spaceport in the Republic of Djibouti, positioning the continent in the global space race, making the…
Regionalising the power balance between central and commercial banks can address the risks associated with the adoption of CBDCs in Africa. Commercial bank digital wallets can thus reduce the costs underlying the correspondent banking channels. These wallets can also promote cross-border trade in Africa by restricting the focus of central banks to the B2B and interbank payment ecosystems. Central banks have traditionally managed this well while incorporating these systems across borders. In such a scenario, each actor—public and private—does what it does best.
Blockchain is one of the pioneer technologies leading the 4th Industrial revolution alongside AI. It has proven its compatibility with Africa’s diverse economy. According…
Inflation and high prices are the main factors negatively impacting the businesses of Micro,Small and Medium Enterprises (MSMEs) in Africa according to the latest…
The change in patterns of trade triggered by these two major events is now forcing the MNCs to go back to the drawing board.…
The Reserve Bank of Zimbabwe last month began to loosen the tight monetary policy it had in place over the last 2 years to…
Over the past decade, addressing the three pressing needs of the youth—education, engagement, and livelihoods—has become a central tenet of global and continental policy discussions. The United Nations Sustainable Development Goals (SDGs) consider youth as essential partners for achieving inclusive and peaceful societies.
Africans of all ages seem to understand that if the youth are suffering and unable to establish productive livelihoods, it becomes a societal problem. As such, many agree that there is a need for intervention from the government and other stakeholders in addressing the challenge of youth unemployment in Africa.
The Kwacha is the official currency of Zambia. The country’s foreign exchange rate remained unsettled for a very long time. However, Zambia has made substantial steps in recent years to strengthen its currency through economic measures and foreign support.
Zambia has set an example for other African nations by efficiently controlling its currency. While facing numerous economic issues, such as a drop in copper prices and a large debt, the Kwacha exchange rate has remained reasonably constant.
The VFEX or Victoria Falls Stock Exchange is Zimbabwe’s exclusively United States dollar only stock market which was launched 3 years ago. The Zimbabwe…
The concept of the knowledge economy describes trends in advancements in economies towards significant dependence on Knowledge, Information and the capitalization of high skill…
The DRC is viewed as a most promising member of the regional bloc offering a market of over 96 million people. DRC is also…
The Tanzania Investment Centre (TIC) said that the country garnered a 22.2 percent rise in registered projects over the past five months. 132 additional…
The capitalist class consists of less than 1% of the richest individuals in the world. These members of the capitalist class are worth a…
Driven by a deep-seated hunger for change in Nigeria, on pins and needles citizens remain, eagerly awaiting the announcement of the country’s next president,…
The sector rebounded in 2022 due to a 70.45% increase in international arrivals. According to official government figures, the number of arrivals increased to…
Hollywood movie star Idris Elba meets Tanzania President Samia Suluhu Hassan Idris Elba to set up film studios in Ghana and Tanzania Africa’s Creative…
The continent spends over USD60 billion yearly on food imports that it could generate domestically. African countries have allocated large sums to agriculture, but…
Politics in Tanzania are now taking a different shape compared to the past five years. Opposition parties in Tanzania, such as CHADEMA and ACT…
Today Africa is on the frontier of ushering in a new age of technology in its various economic sectors. As such, the continent needs…
Africa’s economy thrives mainly from agriculture, trade and human resource. For years these three have dominated Africa’s market, but in recent years researchers have…