by Sheilah Birgen, Country Lead for Kenya at Innovate UK KTN Global Alliance Africa. With a relatively stable macroeconomic environment, sustained investor confidence, and a fast-expanding services sector, Kenya has emerged as one of the fastest-growing economies in Africa and the largest in the East African region by way of Gross Domestic Product (GDP)[1]. To […]
Category Archives: African News
African Business News
African News, Main
United States and Africa: increased engagement regarding trade creating opportunities in the African free trade area
By Virusha Subban, Partner Specialising in Customs and Trade, and Head of the Tax Practice, Baker McKenzie Johannesburg There was more good news for the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement in December 2022, when a Memorandum of Understanding (MoU) was signed between the United States (US) Trade Representative and the […]
African News, Main
Africa’s economic growth to outpace global forecast in 2023-2024 – African Development Bank Biannual Report
Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and Outlook (http://bit.ly/3iLJF4C) […]
By now, most of us have heard about Bitcoin and its meteoric rise in value over the past few years. Even though Bitcoin and many other cryptocurrencies have seen a drop in value, investors remain cautious about whether investing in Bitcoin is still worth it. Many are questioning if cryptocurrency will ever regain its previous […]
By Josephine Wawira Kigali, a city that rhythms with African charm, prides itself on biodiversity so well maintained, sprawling over green valleys and ridges, the capital of the land of a thousand hills, Rwanda. I am here for the annual World Circular Economy Forum (WCEF), and like millions of other people who have visited Kigali, […]
African News
Experts say there are several factors in the workplace that could be causing staff to leave their jobs
There are many factors to consider when it comes to staff turnover – but while some may be inevitable, such as retirement, a change in career, or even moving away, others can be controlled. Employee wellbeing experts Loopin have highlighted six of the major factors in the workplace that could lead to a high staff […]
African News
Retailers Can Drive Commerce Experiences Via Mobile Messaging, New Clickatell Research Shows
Clickatell (www.Clickatell.com), the Chat Commerce and business messaging leader, announced the results of its latest Chat Commerce Trends Report: Retail Edition, which reveals new findings about how today’s consumers prefer to communicate and make purchases with retail companies through mobile and chat messaging conversations. The report, which fielded responses from over 1,000 participants, found that 95% of […]
The Scale Accelerator: Women’s Empowerment Programme is now open for applications from local NGOs in Malawi, South Africa, Zambia, and Zimbabwe addressing issues related to women’s empowerment. This is a fully-funded scaling consultancy program that will provide support to selected organizations as they work to increase their impact. The Scale Accelerator: Women’s Empowerment Programme provides […]
African News
The Africa-Europe Foundation launches its 2022 High-Level Group of Personalities’ annual report assessing the state of play of the commitments of the Africa-Europe partnership
October 28, 2022, Brussels – The Africa-Europe Foundation (AEF) has launched its annual in-depth assessment of the state of relations between our two neighbouring continents. The Report’s launch comes eight months after February’s long-awaited summit between the African Union and European Union leaders, closely followed by Russia’s invasion of Ukraine one week later. The report has […]
United National Conference on Trade and Development says Africa’s untapped export of $31 billion[1] can be achieved if Africa implements partial tariff liberalisation under the African Continental Free Trade Area (ACFTA) Agreement over the next five years. Currently, trade between African countries comprises 61% of processed and semi-processed goods. Infrastructure and the harmonisation of logistics will make the […]