Kenya is at High Risk of Debt Distress
The country plans to ask China for a longer repayment period on $5bn of loans it used to build a new railway line, transport secretary-designate Kipchumba Murkomen said on Wednesday. Servicing the Export-Import Bank of China (Eximbank) loans, which mature in 15 to 20 years, is choking the economy, Murkomen told MPs at a confirmation […]
The US Clarifies its Stance on Sanctions
US officials have admitted that targeted sanctions against individuals in Zimbabwe could affect investments in that country, but said they were willing “to always speak to businesses or work with those who fear that our sanctions are getting in the way of legitimate business activity”. Sanctions co-ordinator for the US department of state James O’Brien […]
The Horn of Africa’s Emerging Port Infrastructures and their Impact
The port city of Bosaso, located at the north-eastern corner of Somalia, provides a striking example of the interlinkage between security and infrastructure. The city benefited from the civil war that ravaged the southern parts of Somalia in the 1990s and 2000s. It developed into a booming trade centre. But increased violence in Bosaso has […]
Onboarding Banking Customers In The Digital Era Is A Journey, Not Just A Transaction
By Loren Lubanga, Key Account Executive at Infobip Kenya Up until recently, opening a bank account meant having to visit a physical branch, meeting face-to-face with a bank representative and signing documents. However, with customers increasingly adopting digital channels to interact and engage with their banks, this is fast becoming a less desirable way of […]
Ubongo Earns A Finalist Spot In The Build A World Of Play Challenge By The Lego Foundation
Launched by The LEGO Foundation, the Build A World of Play Challenge enables organizations that aim to make a positive impact on the youngest children anywhere in the world Africa’s leading creator and producer of children’s educational media, Ubongo (www.Ubongo.org), is delighted to announce that it has been chosen as one of the 10 finalists […]
The Power Of Unifi’s Female-Led Workforce
Gender equality has long been a priority in Africa in the face of systemic gender-based violence and discrimination. One of the places where this challenge is most prevalent is in the workplace. According to the OECD’s SIGI 2021 Regional Report for Africa, the labour force participation rate in African countries was 20% lower for women than […]
A Circular Economy Holds The Key To The World’s Plastic Packaging Problem
Jacques Vermeulen, CEO Coca-Cola Beverages Africa A growing sense of urgency in dealing with the world’s plastic packaging problem has generated strong momentum behind recycling commitments and the use of recycled content in plastic packaging, to the extent that the demand for plastic bottle feedstock for recycling is beginning to outstrip the supply. Leading global […]
Mukuru’s Bulk Payment Platform Poised To Extend Financial Inclusion Across Africa
Mukuru, the leading next-generation fintech platform that enables simple, cost-effective financial services across Africa, Europe and Asia, says its enterprise payment platform (EPP) is poised to make a meaningful difference across Africa as it is designed to make financial experiences easier, safer and more accessible through the distribution of bulk payments. Michael Scott, Group Head […]
Cycling: The Soul’s Sweet Escape To Serenity
As we fantasise about hitting the brakes this festive season to spend time with our loved ones, and to relax and recharge, some of us may be struggling to pedal through the rocky terrain of year-end fatigue. With life coming at us from all directions, even the most dedicated of us are bound to be […]
Zimbabwe to Design and Develop Programmes so that CAB-LA can be Implemented
The country has become the first in Africa and the third in the world to approve an HIV prevention drug recently recommended by the World Health Organization (WHO). Regulators in Australia and the US have already given their backing to use the long-acting injectable cabotegravir (CAB-LA), and the WHO welcomed the move by Zimbabwe. Last […]
