30 results
- 5 Nov 2020
Afreximbank Earmarks $1.5Bn To Boost African Economies
The African Export-Import Bank, Afrximbank has unveiled a $1.5 billion collaborative COVID-19 Pandemic Response Facility (COPREFA) to back African economies with rapid financial assistance to reduce…
- 22 Nov 2020
AfDB Seeks Faster Industrialization of African Economies
The African Development Bank counts Industrializing Africa as one of its High-5 key strategic aims, critical for the transformation of African economies. At the forefront of promoting smart…
- 21 Mar 2014
Turning Point for African Economies @ eLearning Africa 2014
More than ever before, Africans are turning to ICT-supported learning to grow their economies. In 2013, the eLearning Africa Report found that 40% of African technology-assisted learning…
- 19 Apr 2016
IATA Conference Focuses on Driving African Economies Through Aviation
The International Air Transport Association (IATA) announced the theme for the 2016 Aviation Day Africa (Abuja, Nigeria, May 23 - May 24, 2016): "Driving African Economies through the Power of…
- 15 May 2024
Adeleke Describes Adenuga’s Contribution to African Economy as Unquantifiable
Senator Ademola Adeleke, the Osun State Governor, has described the Chairman of Globacom, Dr. Mike Adenuga, Jr., as an icon who has made enormous contributions to the development of Nigeria and…
- 8 Oct 2015
GSMA Study Says Mobile Contribution to Sub-Saharan African Economy Surpasses $100Bn
The mobile industry in Sub-Saharan Africa contributed more than US$100 billion to the region’s economy last year, according to a new GSMA study published at the ‘Mobile 360 Series – Africa’…
- 16 Nov 2021
LITF Lauds UBA’s Contribution to Growth of African Economies
Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to infrastructure development and growth of trade in the 19…
- 20 Nov 2017
Blockchain to Reinvent African Economies, Ecosystems, Organizations
By Dipo Faulkner In today’s fast emerging economic zones, technology adoption can be a journey of faith into the unknown, riddled with the conflicting priorities of modern societies, bouts of human…
- 28 Apr 2017
Shedding Light on the African Shadow Economy
Daniel Monehin, Division President for Sub-Saharan Africa at Mastercard discusses the Grey Economy at the Mastercard Prepaid and Government Conference 2017 The Informal Economy, or if you have a…
- 14 Mar 2013
Nigerian’s Economy Set To Overtake South African’s – Survey
A new poll by Reuter- providers of breaking news, business, financial and investing articles from around the globe found that Nigeria could snatch South Africa’s crown as the continent’s economic…
- 10 May 2021
ALTON Challenges African Youths on Nation-Building
Association of Licensed Telecoms Operators of Nigeria (ALTON), has called on African youths, Nigeria inclusive, to rise up to the challenge of re-building African nations, saying the future of any…
- 20 May 2022
MARA Raises $23m to Build Africa’s Portal to Crypto Economy
MARA, a Pan-African crypto exchange, has announced $23 million in funding from some world renown investors to build a portal to the crypto economy for the African population. The firm, in a…
- 21 Feb 2018
CognitiveTechnology Reshaping Africa’s Insurance Sector
By Uzo Nwani Underinsurance remains a feature of many African economies. With the African Development Bank(AfDB) revising its projected GDP growth rate for the continent to 3.7% from 4.2% by…
- 16 Jan 2017
AfDB Urges Action to Finance Africa's Economic Transformation
Akinwumi Adesina, President of the African Development Bank (AfDB), has called for improved access to financing to accelerate the transformation of African economies. Speaking before African leaders…
- 13 Apr 2020
COVID-19: AU Says 20m African Jobs are at Risk
African Union (AU) has revealed that about 20 million jobs are at risk on the continent as a result of the impact of the coronavirus pandemic. Most African economies are projected to shrink this year…
- 18 Jan 2018
AfDB Expects Nigeria’s Economy to Grow at 2.1% in 2018
The African Development Bank (AfDB) has predicted a positive outlook for Nigeria’s economic in 2018. The bank in its 2018 African Economic Outlook projected that Nigeria’s economy would grow at 2.1…
- 25 May 2015
AfDB Sees Africa's GDP Growth Nearing Pre-crisis Levels
African economies will grow 4.5 percent this year and 5 percent in 2016, approaching levels last seen before the 2007 global financial crisis, as economic prospects improve worldwide, the African…
- 28 Nov 2017
ISOC Says Internet Economy Presents a Major Opportunity for Africa
Many African countries have made significant progress toward creating an Internet sector, with broad sector reforms and focus on increasing broadband availability. However, there is still much work…
- 17 Feb 2023
Agusto & Co Reveals Insurance Industry is Poised to Survive Weak Macro Economy
Pan-African credit rating agency and business information provider, Agusto & Co. Limited, has predicted that the insurance industry will survive the weak macro economy and continue its steady…
- 24 Dec 2020
Jumia Seeks Business Friendly Policies for a Digital Economy
Jumia Group has urged African governments to implement the right policies that will support the realization of a digital economy. At the Group’s 2020 closing remarks, Juliet Anammah, Chairwoman,…
- 19 Jul 2016
Why Nigeria’s Economy’s in Distress –WAIFEM
West African Institute for Financial and Economic Management (WAIFEM), has urged Central Bank of Nigeria (CBN to implement policies that would stimulate the economy rather than retaining its…
- 4 May 2014
Nigeria, Others Account for half of Africa’s Economy — World Bank
Nigeria, South Africa and Egypt account for about half of the African economy says new data released by the World Bank Group last week. The report which ranked global economies on the basis of…
- 2 Jul 2016
AfDB Launches MapAfrica 2.0
The African Development Bank (AfDB) has released a new online tool that enables anyone in the world to see at a glance how the Bank’s projects are boosting Africa’s economies and making Africans’…
- 2 May 2025
PwC says AI Adoption by African Businesses will Unlock Growth
Artificial intelligence (AI) adoption could boost Africa’s gross domestic product by an additional 4.9 percentage points by 2035, as the African economy is reshaped by the emerging technology. This…
- 23 Jan 2023
Nigeria Rallies ICT Stakeholders in West Africa to Regional Digital Economy Conference
Policy makers and stakeholders in the digital economy ecosystem in the West African sub-region will converge in Abuja from January 31 to 1st February for the Digital Economy Regional Conference to…
- 26 Aug 2020
Africa in Motion: Accelerating Africa’s Digital Future
By Fadi Pharaon As a continent with very high potential for growing economies, how can African countries accelerate their digital adoption and leapfrog into a new era of socio-economic prosperity?…
- 29 Jul 2016
AfDB Identifies Focus Areas for Development in Africa
African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015 edition of…
- 11 Jun 2024
Interoperability between mobile money and card is enabling Africa’s access to the global financial system
By Christian Bwakira, Group Chief Commercial Officer at Onafriq Mobile money has exploded across African economies as an enabler of financial inclusion by bringing in large swaths of the population…
- 10 Apr 2025
Africa Plans to Establish a $60Bn AI Fund
A $60 billion Africa AI Fund is set to be established, leveraging public, private, and philanthropic capital. The goal is to build a secure, inclusive, and competitive African AI economy through…
- 20 Oct 2021
AfriLabs Celebrates 10 Years of Empowering a Thriving Innovation Economy in Africa
Pan-African network organisation, AfriLabs, is commemorating 10 years of empowering and inspiring a thriving innovation economy in Africa. For the past decade, AfriLabs has stayed true to its goal of…