Tag Archives: Business and Finance

In a current editorial for the Washington Examiner, African Power Chamber Govt Chair NJ Ayuk labelled Environmental Social Governance (ESG) as “Colonialism 2.0”. Mr Ayuk argues that ESG standards for monetary investments are being weaponised to impose inexperienced vitality on Africa when the continent wants to make use of its …

Sub-Saharan Africa is among the largest areas on the planet and has the bottom charges of participation in increased training anyplace on the planet. The World Financial institution reported in 2020 that solely 9.4% of the area’s tertiary training age group is enrolled. The worldwide common ratio is 38%. Schooling …

Kigali — A couple of months after German biotechnology firm BioNTech introduced the institution of the first-ever native vaccine manufacturing in Rwanda, specialists imagine the profitable implementation of such initiatives throughout the continent would require international locations to accumulate know-how whereas encouraging potential industrial companions within the pharmaceutical business. Consultants …

With a projected financial development of three,8 p.c for 2023, Zimbabwe is inside shut vary of regional development prospects, estimated at 4 p.c, in keeping with the African Growth Financial institution (AfDB). Regardless of the hostile impacts of Covid-19 and different world shocks like provide chain disruptions attributable to the …

Confluence of shocks on economies raised imbalances and elevated dangers, says UN Financial development in Africa is forecast to decelerate this yr whereas the extent of financial actions stays beneath the pre-pandemic stage, in keeping with the United Nations World Financial Scenario and Prospects (WESP) 2023, which was launched at …

Skilled administrators of corporations are in excessive demand in international locations around the globe. Because of this, many hold multiple directorships. There’s an upside to this. Administrators with a number of directorships are in a position to achieve extra data, expertise and entry to social networks and assets, thus including …

Every year Africa loses $50 billion in illicit financial flows. This represents a huge lost opportunity in funds for economic investment in jobs, poverty, inequality and climate change. It then becomes imperative to detect, trace and recover this money. At least a third of these illegal financial flows (IFFs) are …

Marianne*, a woman from the Democratic Republic of Congo (DRC) living in Nairobi, hosts two young women, one from Uganda and the other local, in her apartment in one of the Kenyan capital’s middle-class suburbs. From her cellular phone, Marianne shows her guests photos of “some stuff” her overseas customers …

Dakar, Senegal — U.S. Treasury Secretary Janet Yellen went to Gorree Island in Senegal Saturday, and spoke of the “unspeakable cruelty” of the trans-Atlantic slave trade. “Ultimately, Goree Island reminds us that the histories of Africa and America are intimately connected,” Yellen said after touring the island. “We know that …

The African marine fisheries sector is huge. It’s valued at more than US$24 billion per year. The sector is comprised of two main players. One is the continent’s artisanal or small-scale fishers, a form of fishing conducted on small fishing boats by coastal communities. The other is industrial fisheries, including …

EA Sports’ Fifa football videogame series is arguably the most successful sports gaming franchise of all time. Since its debut in 1993, it has sold over 260 million copies across 29 iterations. This position was reaffirmed in 2022, with its latest instalment, Fifa23, reported as the UK’s highest selling videogame …

Food loss and waste are major problems around the world. When food is tossed aside or allowed to spoil, it makes economies less productive and leaves people hungry. It also harms Earth’s climate by generating methane, a potent greenhouse gas. Food loss and waste accounts for 4% of global greenhouse …