Thursday , November 7 2024

Tag Archives: africa

Why mobile payment is booming in Africa

NAIROBI, KENYA | Xinhua | On the bustling streets of Nairobi, the green glow of the M-Pesa (a mobile money platform) logo is inescapable, from high-end hotels to street vendors. In some tourist hotspots, signs declaring “No Cash” highlight a striking shift: over 90 percent of adults in the East …

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Rethinking Foreign Funding for Africa

African countries’ large and growing debt burdens have become a major obstacle to poverty reduction COMMENT | KENNETH ROGOFF | How long can the complacent West continue to ignore Africa’s sovereign-debt crisis? As African countries grapple with unsustainable debt burdens, restructuring negotiations with Western governments and multilateral institutions such as …

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Africa’s food security depends on adaptive crops

Africans are increasingly reliant on the small number of staple crops that dominate global agriculture, despite the nutritional and environmental benefits of indigenous crops such as millet, sorghum and  teff, COMMENT | AGNES KALIBATA & FOWLER | Africa’s food systems are facing myriad challenges, from climate shocks and low productivity …

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Why Africa is set to become the world’s growth engine

The continent has natural resource wealth and great strength in its young, talented, growing population COMMENT | TOSIN ENIOLORUNDA | Tech innovations empower individuals, drive financial inclusion and foster economic resilience across the continent. Africa’s economic revival is real. Economic progress in Africa has seen various false dawns. Whether halted by tragic natural …

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Africa’s climate-security agenda

Across Africa, effects of climate change are deepening gaps in access to food, water, and energy COMMENT | HAKAINDE HICHILEMA | With vast arable lands, rich reserves of critical minerals, and almost endless solar and wind power potential, Africa could practically be the world’s engine room. Many of its economies continue …

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