Browsing: premium

The Middle East and Africa cold chain market will expand by 7.4% to $35.1 Billion by 2028. Over one third…

With the top African countries facing political and industrial turmoil, more focus has been placed on preventing a further decline in economic growth. One particular country has outdone itself to ensure its consistent improvement in the emergence of a new era; Rwanda. Rwanda’s government has featured prominently among African countries adopting unique approaches to establishing a new economic system. Recently, the Pak-Africa Business Forum set its sights on the East African country to develop a new Africa-Pakistan trade line. This move could improve Africa’s international relations and set Rwanda above its peers in this economic race.

DRC President Tshisekedi pledges peaceful elections on 20 December 2023. DRC is enjoying five years of steady economic development under…

New survey shows the average cost of school fees and educating a child in Kenya has increased to $484. Rising…

The debt-for-nature swaps concept has emerged as a viable solution to address Africa’s ‘poly-crisis’ marked by debt distress, climate change, and biodiversity loss. In light of this, Gabon recently launched an initiative termed Africa’s first debt-for-nature swap.

The Central African nation intends to buy up at least $450 million of its government debt and convert it into an eco-friendly blue bond. This is with a tender offer for its sovereign dollar-denominated bonds maturing in 2025 and 2031, prompting the Eurobonds to rise as much as 2.2 cents on the dollar.

The BRICS countries bear a profound responsibility amid a shifting global economic axis. They have the extraordinary chance to reshape the world order, bestowing more significant equity and amplified voice upon the realms of the Global South.

A defining moment in the global economic axis awaits as the BRICS Summit 2023 gathers in South Africa. It signals the member countries to seize this opportunity to shape an unprecedented global economic governance system, an inclusive, all-encompassing, and efficient system.

Nigeria received $1.2 billion in 2022 to fund and support fintech-based startups. South Africa led in electronic bank transfers, with…

Nigeria’s oil crisis has steadily grown over the past few months. Today, Nigeria’s crude oil sector has become more of…

The Food and Agricultural Organization (FAO) says food production across Africa is stubbornly low. Households across Sub-Saharan Africa spend roughly…

Digital switchover: Successful businesses do not just use digital, they become digital. African youth face a gloomy future if not…