Tag Archives: africa

Paris, France | AFP | As 1960 dawned, sub-Saharan Africa braced for historic change: that year, 17 of its countries were destined to gain independence from European colonial powers. But six decades on, the continent is mired in many problems. It is struggling to build an economic model that encourages …

The company quits Rwanda, Tanzania and Cameroon markets Kampala, Uganda | JULIUS BUSINGE | E-commerce has been slowly gaining traction in Africa in recent years. As a result, the popular talk has been that e-commerce firms are making money off people’s obsession with surfing and shopping on the internet. That …

Africa’s late industrialisation, which put it at a significant disadvantage, can be its greatest asset | TARIYE ISOUN GBADEGESIN | Africa has contributed less to the climate crisis than any other continent, but it will suffer some of the worst consequences. It already is: this year, Cyclone Idai killed more …

Absa Bank plans to scale up its business by opening offices across the world, including in New York to help US companies expand into Africa. | MADDY WHITE | The US representative office is expected to be operational by the end of the year. It follows Absa opening a London office …

How can African countries increase tax revenues to fund their budgets and reduce donor dependency? This is the general question that African countries have dealt with over the years in response to the growing demand for services by the population. Kampala, Uganda | JULIUS BUSINGE | At the 4th international …

What most annoys investors about them AFRICA | TOM JACKSON | African startups regularly decry the lack of funding available to them, and the long, difficult journey of persuading venture capitalists on the continent to invest. But what pet peeves do Africa-based VC firms have about tech entrepreneurs? Asked that …

Uganda woos new oil investors in Cape Town Kampala, Uganda | RONALD MUSOKE | Despite the current stalemate in the local oil and gas industry, the government remains optimistic that the joint venture oil companies involved in commercializing Uganda’s petroleum resources will reach a final investment decision before April, 2020. …

Generosity is one of the key components of Africa’s community life COMMENT | Vanessa Kimuri & Julius Domba | Africa is largely considered an evincible inferior continent by many; and poor. Most people appreciate the high levels of material poverty that strike the lives of the Africans unfavourably across the continent. …

Despite concerns about profitability, Uber is continuing to expand in Africa and remains firmly committed to the market. General manager Alon Lits explains the e-hailing firm’s strategy to African Business Magazine’s David Thomas  As one of the highest-profile and most valuable tech IPOs in years, Uber’s May debut on the …

  What the Euro-Asian nation promised African countries at a historic summit in Sochi Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | One might have probably heard about Sochi, Russian city located on the Black Sea Coast near the border with Georgia, for co-hosting the 2018 FIFA World Cup. …