The Jua Kickstarter Fund has doubled to $2m (R30m). The fund was launched by African industrialist Adam Molai in November 2020 with $1m available for African entrepreneurs...
Senegal-based startup, Oolu has secured $8.5m in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors...
Ishani Chetty 24 Dec 2020
Africa faces its worst economic recession in 25 years, largely due to the Covid-19 pandemic...
Matilda Moyo 22 Dec 2020
A six-month Financial Technology Accelerator program designed for high-potential technology businesses looking to scale their business, create partnerships and explore North African markets is calling for applications...
Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...
NJ Ayuk 4 Nov 2020
The buzz and excitement around the continent's trade agreement, hailed as the answer to a fully integrated pan-African economy, has undoubtedly slowed its pace since the secretariat became operational in April 2020...
Zuneid Yousuf 15 Oct 2020
Mobile financial services are, in most African countries, born out of crises. In 2011, Zimbabwe had gone through a volatile decade of economic crises - hyperinflation, currency instability and a collapse of the formal financial system...
Marcia Kwaramba 14 Oct 2020
Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the Covid-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil...
Njuguna Ndung'u 28 Sep 2020
Despite the Covid-19 pandemic, investment opportunities still abound in Africa. Global markets are shifting to South Asia and Africa...
Mobile payments and other phone-based transactions represent a must-win opportunity for banks in Africa. The estimated market in facilitating payments alone is $500bn...
Every year, 21 August marks World Entrepreneurs' Day. The purpose of this day is to create awareness of entrepreneurs and innovation throughout the world...
Evan-Lee Courie 21 Aug 2020
Suzanne Morel, country manager for Mastercard SA, shares some insights into how Mastercard is giving power to women...
Evan-Lee Courie 17 Aug 2020
Africa has 38 coastal countries and six islands whose maritime industry is estimated to be worth $1trn per year. This figure will increase as they develop their offshore hydrocarbon, energy, tourism, maritime transport, shipping and fishing sectors...
Ifesinachi Okafor-Yarwood 12 Aug 2020
The Zimbabwean government recently signed an agreement to pay 4,500 white farmers $3.5bn for infrastructure improvements on the land expropriated by the government during the chaotic land reform programme of 1997/8...
Misheck Mutize 11 Aug 2020
Most economists see structural transformation as one of the main routes to Africa's sustainable development...
Muazu Ibrahim 3 Aug 2020
A debt service relief package has been approved by some of the world's biggest lenders for more than 25 African countries...
Misheck Mutize 30 Jul 2020
DPO Group will support the expansion of Network International's presence across Africa, one of the most under-penetrated and fast-growing payments markets in the world...
The remarkable economic transformation of Asia in recent decades has attracted global attention. It has ignited scholarly and policy debates about the region's development models and strategies...
Mills Soko 27 Jul 2020
Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world, with household consumption growing even faster than GDP...
The Covid-19 lockdown left a trail of devastation across entire industries - but it has also forced many South African businesses to look for new approaches and markets...
Richard Neal 21 Jul 2020
Independence is a cardinal pillar for organisations that are set up to deliver a public good. Their success depends on it...
Kalu Ojah 13 Jul 2020
From humble beginnings in a London flat in 2005, to an African fintech giant in 2020, Mukuru's journey has been one of turning challenges into opportunities for innovation...
Sandy Rheeder 9 Jul 2020
Financial leaders are at a tipping point. The choices they are making today will become the bedrock of the industry for years to come...
Olga Arara-Kimani 6 Jul 2020
The Agreement Establishing the African Continental Free Trade Area (AfCFTA) was brokered by the African Union (AU) and adopted by 44 of its 55 member states on 21 March 2018. By February 2019, all AU countries, save for Eritrea, had become signatories to the AfCFTA, which came into force on 30 May 2019...
Robyn Berger, Theunis Claassen and Catherine Robson 30 Jun 2020
Covid-19 is increasingly wreaking havoc on the health of Nigerians, but its economic impact may well be more devastating...
Stephen Onyeiwu 25 Jun 2020
Six years ago, a cashless policy became fully operational in Nigeria. The aim was to encourage electronic transactions with a view to reducing the amount of physical cash in the economy...
Oludayo Tade 24 Jun 2020
The Covid-19 pandemic will have economic consequences for many countries. In Nigeria, the country's lockdowns froze economic activities, causing job losses and supply chain disruptions.
Tolu Olarewaju 22 Jun 2020
Many African countries quickly closed their borders and imposed lockdown. This meant that, until the beginning of May, no African country had more than 10,000 people affected, with South Africa, Egypt, Morocco or Algeria being the hardest hit...
Borja Santos Porras 4 Jun 2020
The African Continental Free Trade Area was launched two years ago at an African Union (AU) summit in Kigali. It was scheduled to be implemented from 1 July 2020...
Faizel Ismail 27 May 2020
The World Economic Forum (WEF) reported this week that the pandemic has hit global trade and investment at an "unprecedented speed and scale" and revealed the fragility of the modern supply chain...
Clement Chinaka 21 May 2020
