Category Archives: African News

African Business News

Improved housing doubles in Sub-Saharan Africa

A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban […]

What Angola can learn from Nigeria as it creates remarkable opportunities for marginal oil production

NJ Ayuk is the founder and CEO of Centurion Law Group and the executive chair of the Africa Energy Chamber of Commerce.

The Nigerian experience with marginal oil field development had measurable success, with 24 licenses awarded to 31 companies, some as sole operators and others as joint-ventures With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development. However, those […]

African trade amongst African countries: with the groundwork laid, innovation and infrastructure investment are needed to unleash the continent’s economic potential

By James Hall Analysis in Brief: The benefits of boosting the low rate of trade amongst African countries are undeniable. The countries signing on to the African Continental Free Trade Area (AfCFTA) know this. However, inertia to break old trade barriers and against building value-added industries to replace foreign imports is the challenge to overcome. As […]

The trade of illegal weapons implicates senior government officials in Djibouti – Report

Map of Djibouti. Author Alvaro1984 18

EXX Africa (EXXAfrica.com) published a special report on the arms trade in the Horn of Africa. The trade of illegal weapons implicates senior government officials in Djibouti, which suggests that the Doraleh port terminal, which is now under government control and suffers from porous customs checks, will increasingly be leveraged as an arms trade hub. However, […]

Farming module provides locally produced food all year round

A new, unique solution enables profitable ecological cultivation in urban environments Exsilio, a Finnish enterprise, has developed a high-tech solution for cultivating salad and herbs, among others, in urban environments. The solution comprises a redesigned container, where ecological local food can be cultivated efficiently. “Our solution is ideal for example for restaurants and institutional kitchens […]

Consolidation of the fintech ecosystem in Africa, Good or Bad?

‘Mobile money’ used to be a catch-all phrase, describing everything from consumer wallets to building agent networks, lending, and international remittances. However, African fintech has gradually matured into an industry with specialist roles, and more players in the market every year. This shift has seen more companies take on niche roles. This makes strong partnerships […]

Development Impact Bonds: An Opportunity For Private Investors In Africa?

Africa is a land that provides much opportunity for growth and development in poverty elimination, education and empowerment of the masses. The recent ratification of the Sustainable Development Goals (SDGs) brings much focus on investments required for African developmental targets. According to the African Infrastructure Country Diagnostic estimation, Africa is in need of at least […]

Two things I wish I had known when I started a small business

By Steven Cohen, Head of Sage One International (Africa, Australia, Middle East and Asia) One of the questions other entrepreneurs most often ask me is what I wish I had known when we first started the Pastel business in 1990. Looking back over the past 26 years, I can distil my answer into two key […]

Hoyahoye Ethiopian Ancient Tradition

Ethiopia is truly a place of great culture and celebrations. One worth witnessing is Buhe which is celebrated on August 19 of every year. Religiously the day marks the transfiguration of Jesus on mount Tabor. The celebration performed by young boys and men all over Ethiopia is breathtaking and exciting to watch in Addis Ababa […]

Why it’s the best time to invest in the Ethiopian Hotel Industry

While the Ethiopian economy continue to enjoy double digit growth, the hospitality sector is poised for further growth in the wake of increased number of inbound travelers into the country with expected opening of the AU Grand Hotel, Pullmann, Crowne Plaza,Wyndham Hotel Group, Crowne Plaza, Accor Group and Best Western. Being the third largest diplomatic […]