Central banks in some of sub-Saharan Africa’s biggest economies may be more concerned about the impact of a potential third wave of coronavirus infections and a slow rollout of vaccines than quickening inflation, leaving borrowing costs unchanged for now. Monetary policy committees in Ghana, Nigeria, South Africa, Kenya and Angola...
Universal basic income (UBI) is when an entity, like an NGO, Government or other institution, provides a set amount of money to all of its beneficiaries irrespective of their wealth and taxpayer status. It's based on the idea that every member of society must have access to basic resources,...
United Nations Economic Commission for Africa has designated Mozambican geologist Antonio Pedro to the post of Executive Secretary of the United Nations Economic Commission for Africa (UNECA) effective from the first of September. Ms. Vera Songwe has stepped down after five years of dedicated service to ECA and its Member...
Binance, the world’s leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest growing regions for the company. Increasing Crypto Adoption Across Africa As a leader in the blockchain industry, Binance continues to...
Entrepreneurship is often associated with individualism, risk-taking, and innovation in today's fast-paced world. While these traits are undoubtedly essential for any successful venture, the critical role of the community in fostering entrepreneurial success must be considered. In reflecting on the recent MIG Business Forum and the exciting initiatives discussed,...
African leaders have reiterated the continent’s “unwavering commitment” to a world free of nuclear weapons. Speaking at the 2023 Comprehensive Nuclear-Test-Ban Treaty’s (CTBTO) Science and Technology (SnT) Conference organised in Vienna, Austria, the Minister of Foreign Affairs and International Cooperation of Somalia, Abshir Omar Jama, said the continent was ready...
In the 14th century, some Portuguese seafaring entrepreneurs had a problem. They had discovered a lucrative business, supplying skilled workers to sugar plantations in Portugal and there was a demand for these workers. The Portuguese entrepreneurs would dock their boats along the coast of West Africa, hide in the weeds...
By Kestér Kenn KLOMEGÂH In this insightful interview, Professor Sergiu Mișcoiu at the Faculty of European Studies, Babes-Bolyai University in Cluj-Napoca (Romania), where he serves as a Director of the Centre for International Cooperation and as Director of the Centre for African Studies, discusses the political situation in the French-speaking...
By Kestér Kenn KLOMEGÂH The World Trade Organisation (WTO) Director General, Ngozi Okonjo-Iweala, has garnered unprecedented support to serve a second term at the 164 member-states trade organisation. In an official media release after July 22 meeting, the WTO General Council indicated that fifty-eight (58) of the 164 member states of...
In recent weeks, tens of thousands of people paraded the streets of Bamako in Mali to demand the resignation of President Ibrahim Boubacar Keita. The protesters were believed to have been mobilised by Mr. Mahmoud Dicko, an influential Muslim leader, under the auspices of the June 5 Movement – Rally...