Tag Archives: africa

  Nairobi, Kenya | THE INDEPENDENT |  Equity has been named the Best Regional Bank in East Africa at the 2021 African Banker Awards. According to a statement, the award was conferred to the bank for its strong and consistent financial performance, its role in leading the disruption of Fintech …

Art market maintains surge amidst Covid-19 pandemic Storm Kampala, Uganda | DOMINIC MUWANGUZI | Well, the Covid- 19 pandemic will not affect the booming art  market for contemporary art from Africa. This to many may come as a big surprise compared to how the pandemic has severed several businesses across …

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …

But experts says number of jabs too small for populations battling third wave Kampala, Uganda | RONALD MUSOKE | Following recent calls from African leaders to manufacturers and rich countries to ensure equity in distribution of the desperately needed COVID-19 vaccines, the World Health Organisation (WHO) Africa Region Office has …

Less than two percent of global vaccines have been administered in Africa Beijing, China | Xinhua | Only 0.9 percent of the population in low-income countries has received at least one dose of the COVID-19 vaccine, according to a report on global COVID-19 vaccines. Released by the Boao Forum for Asia …

  OPINION | JOHN OMO | Although Africa has proven its potential as a fast rising home to brilliant innovations, many innovators in the continent are struggling. Opportunities are hard to come by, and resource allocation to what could be viable trend-shifting ideas, is a mirage. Even worse, some of …

Huawei harnessing renewable energy with smart PV solution Nairobi, Kenya | Xinhua | Chinese telecoms firm Huawei will be on the frontline of powering the green energy revolution in Africa through provision of digital enablers, an executive said on Monday. Huang Su, director of Huawei Southern Africa Digital Power Business, said …

How Africa’s most successful economy has produced a political crisis that may tear it apart THE LAST WORD | ANDREW M. MWENDA | It is eight months now since the armed conflict between the Ethiopian government and the Tigrayan People’s Liberation Front (TPLF), began. Initially, government troops, supported by Eritrean …

Brazzaville, Congo | Xinhua | Africa’s third wave of COVID-19 pandemic is at a crossroads, a World Health Organization (WHO) official said on Thursday at an online press conference. As the rate of new cases fell by less than two percent over the past week, driven by a sharp drop in …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the Bank’s access to capital at a competitive cost, ensuring …