Tuesday, June 22, 2021
The first quarter of 2021 ended on a great note as two African fintech businesses gained unicorn status, a rare fit amidst a ragging global pandemic which is finally being aggressively tackled by the speedy supply of much-needed vaccines. Such is the African story – a trail of surprises...
The African Continental Free Trade Area AfCFTA Secretariat and the UN Development Programme (UNDP) have launched a new partnership envisaged to advance Africa’s development objectives. This strategic partnership will specifically promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis, and as a driver of sustainable development...
In 2020, President Nana Akufo-Addo announced that Ghana will no longer export raw cocoa beans and instead intends to process more and more of its cocoa within the nation’s borders. This decision is intended to reduce Ghana’s dependence on the production and export of raw materials and in so...
ShEquity and MBC Africa have launched the ShEquity Business Accelerator (SHEBA) in the Accra to offer venture building and technical support to African female entrepreneurs with impactful and scalable businesses. These businesses could then become potential ShEquity investment candidates in agribusiness (agtech, production, processing, wholesale & retailing, any other agribusiness...
Automation, blockchain, cloud computing and digital solutions are changing the face of financial services Digital solutions remove the need for human interaction and promote financial inclusion Emerging markets are well placed to leverage the ABCD in their recoveries Digitalisation is set to continue expanding after the pandemic One outcome of...
The grounding of an ultra large container ship in the Suez Canal brought traffic on the central shipping route between Europe and Asia to a standstill. In this Q&A, Allianz Global Corporate & Specialty (AGCS) Global Head of Marine Risk Consulting, Captain Rahul Khanna looks at some of the...
Investigations by Swiss prosecutors into alleged cases of money laundering by Businessman and Venezuelan diplomat, Alex Saab, have ended after insufficient evidence was found to support the claims. The investigation only proved that there were movements between accounts at Swiss Banks. Swiss prosecutors have been on the matter for over 3years...
The United States expects to “celebrate independence” from COVID-19 by Independence Day (July 4), when vaccines will have been made available to all adults. But for many developing countries and emerging markets, the end of the crisis is a long way off. As we show in a report for...
The second Intra-African Trade Fair (IATF2021) has now been scheduled for December 2021. The African Export-Import Bank (Afreximbank), African Union (AU) and government of Rwanda have decided to shift the date of the continental trade fair, which was previously scheduled to be held from 6 to 12 September 2021...
Real GDP is projected to grow by 3.4% in 2021 after contracting by an estimated 2.1% in 2020 Africa is set to recover from its worst recession in half a century. Real GDP is projected to grow by 3.4% in 2021 after contracting by an estimated 2.1% in 2020, mainly...
Translate »