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Businesses are expanding across borders, new trade corridors are emerging, and regional ambition remains strong, but liquidity, payments and execution challenges continue to shape…
East Africa’s Kenya and Tanzania are among the strongest value…
In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors,…
A report by Cytonn Investments expects 2022 to register lower investor sentiments The performance would…
Every August, 10,000 teams will be allowed to register for that year’s African Startup League competition. The top 100 projects will win cash prizes (investments) of a minimum of US$10,000, with top startup projects walking away with a minimum of US$1,000,000 investment.
The rules of the African Startup League will be published in The Exchange on or before June 20th, 2022. The competition will run from August until December, with the winners being chosen and announced no later than December 15th of each year.
East Africa’s economy is booming, with yearly GDP growth trending upward. The region’s GDP was expected to grow by roughly 5 per cent by 2020. Despite the Covid-19 epidemic, the region increased by 3 per cent in 2021 and is expected to increase to 5 per cent in 2022.
Along with his diplomatic efforts, the future French President loved the country’s rich culture and has previously danced in public to the music of Fela Kuti, Nigeria’s legendary performer.
Even before his famous Ouagadougou speech, Macron established the Presidential Council for Africa, which comprised African and French representatives from fields such as entrepreneurship, health, sustainable development, sport, and culture to advise him on general issues confronting the continent.
Emmanuel Macron did not hesitate when he was first elected President of France to recognize that France has genuine interests in Africa, which he wanted to pursue through a partner-based strategy based on transparency and reciprocity.
While receiving the first batch of 25 FUSO Canter buses by Simba Corporation, MetroTrans Chief Executive Officer Oscar Rosanna noted that the move would allow them to ease the increasing demand for buses on their existing routes.
It would also help them serve their customers better by offering cashless payments. The digital offering will be supported and enabled by the technology company SWVL which allows users to make and track bookings through the SWVL app.
The CEO added that they would also add another 55 buses by the end of the year that will be used to gain footing in older routes, and they seek to join new routes.
KEMSA said it is on course to collect at least $23.2 million owed by county…
