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 …
Read More »Investing in African health tech
African-led health tech has improved the lives of millions of patients. But systemic change in global health procurement is needed to support local innovations ANALYSIS | AGENCIES | In a remote village in Rwanda, a life-saving medicine delivery takes place. A drone, operated by Zipline; an American company that designs, manufactures, …
Read More »African airlines boom to last
Two new expert reports see bright future for African aviation SPECIAL REPORT | BIRD AGENCY | In a month of good news, two new expert reports are painting a bright present and future for African airlines. The first, a report by the International Air Transport Association predicts that African airlines will …
Read More »Mining critical minerals in Africa
As the world rushes to it for lithium and more, here is how the continent should deal with the demand COMMENT | JAMES BOAFO, ERIC STEMN JACOB OBODAI & PHILIP NTI NKURUMAH | Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives. Africa …
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