By Eric Osiakwan Since Nairobi, Kenya was officially announced as host city for the 11th Angel Fair Africa (AFA@11), scheduled for November 7-8, 2024, some entrepreneurs and investors from neighboring African countries have wondered why and how Nairobi earned the right to host the prestigious AFA for a second time,...
 Cocoa farmers across Ivory Coast - the world's biggest producer of the key ingredient for chocolate - are down in the dumps after prices for their commodity fell for the second year running. Not so in M'Brimbo - a village in central Ivory Coast that 11 years ago became a...
Ghana and Ivory Coast account for two-thirds of the world's cocoa supply, but unlike oil-producing countries, they are unable to influence prices that are historically too low to meet the basic needs of small planters. "They could decide the market prices - above all if they allied themselves with other...
The sixth edition of the Africa CEO Forum opened on Monday 26 March under the banner of "African champions: it's transformation time".  This major meeting of Africa's private sector, organised by Jeune Afrique Media Group and Rainbow Unlimited, brought together three African presidents, namely Alassane Ouattara of Côte d'Ivoire and...
Misheck Mutize IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries. A debt service relief package has been approved by some of the world’s biggest lenders for more than 25 African countries. The arrangement includes the World Bank, the International...
By Linguère Mously MBAYE Irregular migration from Africa has been a growing concern since the mid-2000s and continues to dominate news headlines. According to the International Organization for Migration, 40,868 migrants attempted the dangerous journey from West Africa to the Canary Islands in 2023. Of these, 39,910 reached their destination,...
  Report calls for bold policy actions to help African economies mitigate compounding risks L-R: AfDB President Dr. Akinwumi Adesina, Niale Kaba, Minister of Planning and Development of Côte d'Ivoire, and Prof. Kevin Urama, Acting Chief Economist and Vice President at AfDB, at the Abidjan launch of the 2023 Africa's...
BOSTON – With US President-elect Joe Biden’s imminent inauguration and the rollout of COVID-19 vaccinations, there is growing optimism for an economic rebound in 2021. But such hopes are misplaced, and not only because the virus is likely to remain a problem for longer than people think. The real...
A recycling plant in Tanzania’s port city of Dar es Salaam has traded paper for plastic bottles and started making anti-coronavirus face shields that are being snatched up by hospitals and health centres nationwide. Until earlier this year, Zaidi Recyclers had a thriving business in processing waste paper which it...
Private sector activity in Kenya grew in June thanks to reduced curfew hours and the relaxation of lockdowns in Europe that boosted demand for exports, but the outlook for the months ahead remains gloomy, a survey showed last week  Friday. The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) stood...