Sub-Saharan Africa is experiencing a renewed focus, with infrastructure projects receiving a significant boost ANALYSIS | FELIX THOMPSON | There was a rebound in export credit agency activity in Sub-Saharan Africa last year, as agencies struck big-ticket deals across infrastructure and renewable energy sectors, fresh data shows. In its annual State …
Read More »African HIV networks seek stronger
PEPFAR at risk as international funding for HIV response falls ANALYSIS | MELODY CHIRONDA | African networks representing people living with HIV and AIDS (PLWHAs) convened in Munich, Germany, to demand increased funding for HIV programs as the global fight against the pandemic continues. The networks include the Malawi Network of …
Read More »Cheaper data coming
New satellite internet roll-out offer faster speeds SPECIAL REPORT | BIRD AGENCY | Africa’s data market is experiencing a reset, with the aggressive rollout of satellite internet and intense competition promising faster and cheaper services, including markets with some of the world’s most expensive data plans. A year after the introduction …
Read More »Biniam Girmay’s amazing Tour de France triumph
24-year old Eritrean becomes first African to win at the world’s oldest and most prestigious cycling race ANALYSIS | AGENCIES | A split second before he crossed the finish line in Turin, Biniam Girmay sat up on his bicycle. He let go of his handlebars, smiled to himself, and then punched …
Read More »Tripartite Free Trade Area opens new trading opportunities in Africa
The tripartite member states represent 53% of the African Union’s membership, accounting for more than 60% of the continental GDP ($1.88 trillion) and with a combined population of 800 million ANALYSIS | THE INDEPENDENT | The private sector in the East African Community, under their umbrella body, the East African Business …
Read More »Africa’s outsourcing boom: young talent fuels industry growth
Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit ANALYSIS | LENNOX YIEKE | The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling …
Read More »Africa anti-crop pest fight bears fruit in Uganda
Phytosanitary programme intends to equip all 54 countries with technology and technical capacity ANALYSIS | RONALD MUSOKE | Agriculture and its related value chains drive most economies across the continent, contributing about 40% to Africa’s GDP and 15% of its exports, 75% to its intra-African trade, and 60-80% of employment. But the …
Read More »Uganda Airlines to launch routes to 3 African cities in September
KAMPALA, Uganda | Xinhua | Uganda Airlines, the national carrier, announced here Wednesday that it will launch three new routes to the capitals of Zambia, Zimbabwe and Nigeria in September 2024. At the launching ceremony Wednesday in Kampala, the capital city of Uganda, Jenifer Bamuturaki, chief executive officer of Uganda …
Read More »African aviation sector sees growth amid challenges in Q2 2024
Even with Nigeria releasing almost 98% of the funds that were blocked in the country, the continent continues to grapple with blocked funds ANALYSIS | AENCIES | African aviation industry continued to show resilience and growth in the second quarter of 2024, navigating economic challenges and seizing opportunities. Airlines across the …
Read More »Africa Energy Bank set to finance fossil fuel projects
Continent to fund own oil and gas projects in wake of Western financial institutions’ hesitancy ANALYSIS | RONALD MUSOKE | The African Petroleum Producers’ Organisation (APPO), an association of African petroleum producing countries, together with the African Export-Import Bank (Afreximbank) have zeroed-in on Nigeria’s federal capital, Abuja, to host the headquarters …
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