- Will China’s Renminbi Clearing Bank of Africa push out the dollar?
- How egg prices could shape Kenya’s Central Bank key loan rate decision
- Standard Bank’s renminbi clearing status places lender at the centre of a $300bn Africa-China trade corridor
- Grey stirs Ethiopia’s digital frontier as remittance bottlenecks choke Africa’s next giant
- Uganda’s quiet bid to challenge Kenya in horticulture exports
- Kenya signs $1.2bn JKIA upgrade deal with China’s CRBC but legal cloud looms over tender
- Legal chaos in Kenya threatens to derail $2.3 billion Asahi-EABL landmark deal
- Kenya’s Family Bank goes public, marking the Nairobi bourse’s biggest private-sector listing since 2009
Browsing: Africa
The PAE – Economic Acceleration Stimulus Package consists of 22 measures divided into two sets of reforms, the first being fiscal and economic stimulus and the second the improvement of its business environment, transparency, governance, and the acceleration of strategic infrastructure.
The fiscal and economic stimulus interventions include the reduction of selected taxes with a direct impact on the main productive sectors.
The measures announced lower the IRPC from 32 per cent to 10 per cent in agriculture, aquaculture, and public transport, and VAT from 17 per cent to 16 per cent and include a VAT exemption on imports for agriculture and electrification to boost renewable energy.
The Mozambican head of state also signalled the introduction of tax incentives for new investments over the next three years but did not mention the rates of these incentives.
Organic agriculture is the use of green manure, compost, biological agriculture, and biological fertilizers derived from animal waste. To promote…
Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis The digital transformation…
Changes in the global food chain provide essential opportunities to enhance the profile of integrated thinking in Africa. Because these measures will benefit the whole planet, a collective responsibility remains necessary. Landscape-based initiatives and the scaling out of agro-ecological systems and restorative agriculture must be prioritized by African member states.
There should be cross-border collaborations in critical landscapes. Non-African partners and enterprises must also invest in regional systems strategies, focusing on yield and advancing all ecological systems. As investment in Africa’s agricultural industry grows, steps must be taken to avoid negative environmental consequences.
Everyone wants to live in a world with a healthy planet and people and planet. In Africa, this means people with access to healthy diets, economic growth, and development possibilities while interacting with the continent’s unique natural environments.
De Beers also said the ship’s state-of-the-art dynamic positioning system optimizes its performance in changing weather conditions to minimize energy use. It also generates fresh water through its heat recovery systems and a reverse osmosis plant.
“The Benguela Gem is the first of its kind and represents an outstanding feat of engineering design, technology innovation, and sustainability performance,” said De Beers Group CEO Bruce Cleaver.
The vessel was designed and built in Europe, and the mission equipment was designed and built in Cape Town in large modules parallel to the vessel built in Europe. The mission equipment was then integrated into the vessel in Cape Town by De Beers Marine.
In terms of performance, according to an article by The Namibian dated July 29, 2022, South Africa, Botswana, and Canada all saw diamond production levels dipping at 4%, 4%, and 24%, respectively.
When the United Nations General Assembly voted overwhelmingly on March 2 to condemn Russia’s invasion of Ukraine, African countries accounted…
Digitization of logistics and compliance with sustainability policies will shape the future of logistics in African markets. Digitalization involves the…
According to Frontiers, AI has been recognized to have a wide potential to reduce human workload or increase human capabilities in complex scenarios, but today it is evident that AI also has an important role in transforming our life by promoting more efficient existing services or new services.
AI is already contributing to a large spectrum of applications in Africa’s aviation and air traffic systems, providing support to its managers (airlines/airport managers, air traffic management) and operators (pilots, air traffic controllers, airport operators, flow controllers).
Governments are focusing on contactless travellers’ experience hence there have been innovations in biometric authentication at airports. For instance, Kenya ruled out paper verification of COVID-19 test results and vaccination certificates upon arrival, sparking local airlines’ adoption of electronic verification processes.
The African logistics market has proven itself ahead of the curve in many areas, with endless potential and opportunities lurking just beneath the surface.
Every African region has felt the effects of Russia’s invasion of Ukraine, with West Africa also bearing the burden of…












