For more than 50 years, Loiman Letolo, 70, has peddled her colourful beaded necklaces and bracelets to safari-goers at the entrance gates to Kenya’s Maasai Mara National Reserve.
As the annual “Great Migration” of millions of wildebeest, zebras and gazelles into the Mara’s vast savannah gets underway, Letolo would normally...
The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for two transactions processed under its Intra-African Trade Initiative.
Afreximbank was recognized for its leading role in the $737 million bundle of guarantee facilities granted to Elsewedy Electric Group and The Arab Contractors for the construction of...
Today, August 6, women-led B2B Enterprise Development Agency, ScaleUp Africa, will virtually host its inaugural Pan-African Business Festival- ‘IGNITE’ set to promote access to enterprise growth resources for entrepreneurs of African Descent, globally.
The festival is poised to nurture closer economic ties and opportunities for youth and women-led small businesses...
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
In a unique move to build the digital capacities of job seekers, the Ghanaian-German Centre for Jobs, Migration and Reintegration (GGC), in collaboration with the Ministry of Employment and Labour Relations, has launched another flagship programme - ICT Skills Training for Students and Job Seekers.
This programme is expected to...
While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined US$130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries...
Nana Kwame Gyamfi, Project Coordinator of the Cocoa Organic Farmers Association (COFA), has called for a Legislative Instrument (L.I) to regulate agricultural commodities standardization.
This follows a study conducted by COFA to establish the impact of the absence of L.I to guide agricultural commodities standardization using the cocoa and maize...
African leaders have their work cut out to make the continental free trade area a success. Wikimedia Commons
Most economists see structural transformation as one of the main routes to Africa’s sustainable development. What it means is changing the share of agriculture, manufacturing and services in an economy. It is...
Kenya Airways resumes international flights to 30 destinations across Africa, Europe and the Middle East
Kenya Airways (KQ) resumed its international passenger services on Saturday 1 August 2020, following the easing of movement restrictions as directed by President Uhuru Kenyatta. The first international flights on 1st August departed to the...
Southern Africa’s economic output will shrink by as much as 6.6% this year due to the impact of the coronavirus pandemic, the African Development Bank (AfDB) has said.
The bank’s best-case scenario sees output growth at -4.9% with a 6.6% contraction forecast under its worst-case scenario. That is against its...
