Browsing: Africa’s Development

Fintech is expected to bridge Africa’s financing gap. The sector offers immense opportunities for entrepreneurs who are in-touch with customer needs which are evolving.

Hennessy-Barrett adds that tackling the finance gap is going to take a combined effort from across the financial industry.

He says there is a need for partnerships that can complement one another.

“We are actively signing up as many partners as we can across the supply chain to support micro and small businesses. By linking small store holders, distributors, vendors and investors, we can work together to construct the framework for inclusion and growth with the digital connective tissue to build high growth, an integrated economy in African markets. 4G Capital is in an incredibly exciting position as we develop and deploy new products and capabilities to scale to the vast and growing markets in Africa and other global emerging markets,” he notes.…


Famine and drought are among the two key precursors to the devastating hunger crises that has ravaged many communities across Africa, signifying the scale and severity of food insecurity in the continent. Inarguably the Covid-19 pandemic has aggravated food security in the continent pertinently triggered by the economic fallout that has left no country unscathed. According to a recently released multi-agency report, ‘The State of Food Security and Nutrition in the World’, around a tenth of the global population an estimated 811million people were undernourished in 2020. 

Also Read: FAO says Kenya requires US$87mn to ensure food security

The report, jointly published by the Food and Agriculture Organization (FAO); the International Fund for Agricultural Development (IFAD); the United Nations Children’s Fund (UNICEF); the UN World Food Programme (WFP) and the World Health Organization (WHO); revealed that the sharpest rise in hunger was in Africa, where the estimated prevalence of undernourishment

As the 2021 International Day of Democracy draws closer it is imperative to assess and review the state of democracy in Africa; to celebrate the achievement of significant milestones hitherto whilst charting new pathways towards the attainment and realization thereof, of liberal democracies in the continent. One of the key aspirations of Africa’s Agenda 2063: The Africa We Want, the African Union’s (AU) shared 50-year development and transformation program, for realizing the full potential of the continent is an Africa of good governance, democracy, respect for human rights, justice and the rule of Law. However, on the brink of an abyss, most democracies in Africa stand, beset by a plethora of challenges which begs the question if the concept of a government of, by, and for the people is truly working for the continent? In reiteration Goal 16 of the United Nations Sustainable Development Goals (SDGs) advocates for the promotion

Kenya is one of the most diversified and fastest growing economies in Africa, with an average growth rate of 5.7%, inching closer by the day to its ambitious vision of becoming a middle-income country in the next decade. Central to this robust growth has been the invaluable contribution made by co-operatives, popularly known as Savings and Credit Co-operative Societies (SACCOS); which not only play a pivotal role towards the country’s Gross Domestic Product (GDP), but also leave an ineffaceable mark in the lives of millions of members, so much so that the country was recently selected in a series of country studies by the renowned international co-operative research group, the U.S Overseas Co-operative Development Council (OCDC).  …

Looking at Africa and only pushing for aid is not in the interest of the everyday Africans.

It is about the egos of the elites and latte intellectuals who believe they have the solutions to why the continent is still poor.
As Africa’s population and economies surge, greater opportunities for development are presented, societies change, and the aspirations of everyday Africans are increasingly requiring urgent attention.
On the other hand, Germany’s energy transition anticipates a vastly more efficient and interconnected energy system in the future, one that I believe, young African technology entrepreneurs can certainly learn from and accelerate the growth of the energy sector.
With technology start-ups with the intention to build sustainable power solutions emerging across the continent particularly in the power sector, Germany can look to this market on how it can invest in Africa while providing energy and  technology solutions and African entrepreneurs can embrace German …

Looking for growth opportunities? Africa is a continent with huge economic potential.

It has been gradually transformed in the past 20 years and we are on the cusp of significant growth, with blossoming entrepreneurship and plenty of opportunities for smart and simple business solutions.

Africa is on the rise

Africa is a 1.2bn-person market, a number expected to double over the next 30 years. Generally, business leaders tend to overestimate the challenges of doing business in Africa and underestimate the size and potential on the African continent. Thereby not stating that the African markets are easy to do business in, but emphasising that they are worth the effort, and companies not engaged in African markets risk losing out on one of the 21st century’s great growth opportunities.

One of the fastest growing economies in Africa

Mozambique is one of the poorest countries in the world but it will see large-scale …