Despite its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa region. The Horn of Africa, with an estimated population of over 160 million people, is […]
The Norwegian Refugee Council (NRC) suspended all its activities in the north-eastern city of Beni and surrounding areas Monday, due to an armed group attack on Saturday. A deadly attack in the city of Beni killed over a dozen civilians over the weekend, a territory which is already fighting an Ebola outbreak. As a result, […]
The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totalling nearly US $2 million to its Jobs for Youth in Africa initiative. FAPA, of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute $923,570 and $988,202 to finance the Bank’s Fashionomics […]
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s new Africa-to-Africa (A2A) Investment Report, the first ever report on inter-African trade published by the Bank. The report unearths the realities African companies face when investing in the continent, the emerging trends in […]
Ethiopia once again heads the league for hotel development in East Africa, according to a regional focus from an influential annual hotel pipeline survey. Details of the survey, which covers the whole of the African continent, will be one of the key discussions at the Africa Hotel Investment Forum (AHIF), which will return to Nairobi […]
Despite being only a decade old as an industry, impact investing globally has shown impressive growth and obtained mainstream acceptance. However, there are some credibility concerns, particularly in Africa, that can be addressed with clear industry guidelines. This could help to accelerate the allocation of investors’ capital into impact investments. Essentially, impact investing is where […]
Preparations are underway for the 6th East African Community University Students’ Debate due to take place from 30th to 31st October 2018 at the University of Dar es Salaam in Tanzania. This year’s debate will run under the them “Border management to address migrant smuggling and corruption at borders for stability and social economic development […]
Africa’s entertainment and media industry has entered a dynamic new phase – the third wave of convergence. As the mobile device cements itself as the pre-eminent source of the entertainment and media (E&M) experience, the most disruptive, forward-thinking companies are striving to create an integrated ecosystem suited to this consumer-driven dynamic. This is according to […]
Uganda Export Promotions Board (UEPB) and African Export-Import Bank (AFREXIMBANK) have started a campaign that will see African countries increasing trade among themselves, in what they termed as Intra-African Trade. Analysis by the African Export-Import Bank shows that one of the main reasons why intra-African trade is low at around 15% compared to Europe (59%), […]
TradeMark East Africa (TMEA) and the Common Market for Eastern and Southern Africa (COMESA) have opened a new chapter of cooperation on regional integration programmes following a high-level meeting between the parties in Lusaka. The TMEA team, led by its Board Chairman Erastus Mwencha, who is also former COMESA Secretary-General and immediate Deputy Chair of […]
Egypt has seen a two per cent drop in its software piracy rate to reach (59%), the U.S.-based Business Software Alliance said in its recent study, released last June. The study revealed that Egypt has managed to decrease the commercial value of the unlicensed software, which declined significantly from $157m in 2015 to $64m in […]
Labour advocates have long complained that international trade agreements are driven by corporate agendas and pay little attention to the interests of working people. The preamble of the World Trade Organization Agreement mentions the objective of “full employment,” but otherwise labour standards remain outside the scope of the multilateral trade regime. The only exception is […]
As the government starts to develop the National Development Plan (NDP) III to replace the current NDP II, it has been reminded to incorporate Sustainable Development Goals (SDGs) in the new plan if it is to attain growth. According to economic social and cultural rights activists, incorporating SDGs will play a key role in supporting […]