Browsing: Africa

An efficient crypto mining industry can generate more job opportunities in Africa as the demand for miners, blockchain specialists, and technology specialists increases, . This encourages nations to enhance their energy and technological capacities to support crypto operations. These enhancements can considerably benefit other industries and the economy as a whole.

African nations must embrace the chance to become a crypto mining hub. This can aid in the digital economy’s growth, citizens’ financial standing, and the infrastructure for energy production. Consequently, African governments can invest in cryptocurrencies to acquire alternative funding sources for developing renewable and alternative energy sources.

Major African airlines have been hard hit since the Covid-19 pandemic struck. This year is however expected to bring good…

Africa is at the center of global sustainability transitions such as decarbonization of production systems. The continent is also seeing…

Currently, Africa is over-exposed to the impact of the US Dollar. Thus, African nations must either act individually or together to mitigate these effects. Dollar strength bursts are cyclical. Therefore, there should be enough time to implement efforts before the next one occurs. African governments have recognized the harm done in the previous year and should work round the clock to find a lasting solution.

US World Bank President nominee Ajay Banga chooses Africa for his first tour AfDB president Dr. Akinwumi Adesina calls for…

Kenya’s ultra-wealthy performed better than their counterparts elsewhere in the world in 2023  The world’s wealthiest saw their fortunes slashed…

The change in patterns of trade triggered by these two major events is now forcing the MNCs to go back…

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 two south American nations are exploring methods to increase bilateral commerce and wean themselves off the mighty US currency.…

Economic growth in Sub-Saharan Africa (SSA) softened markedly in 2022 to 3.4 per cent as inflationary pressure, weak external demand,…