Africa Markets Opinions

How Africa Can Self-Finance its Economic Recovery

Alain Ebobissé, CASABLANCA – For Africa, the COVID-19 pandemic will likely mean negative GDP growth at unprecedented rates. In addition, several African countries are dealing with the aftermath of a commodity price collapse – another key contributor to current recessionary trends. The continent must now navigate economic recovery while building resilience to future shocks. From strengthening the healthcare […]

Industry Markets

IsDB and Standard Chartered Bank in A Framework Agreement for Cooperation

IsDB President Dr. Bandar Hajjar and M. Sunil Kaushal, CEO for Africa and Middle East, Standard Chartered Bank (SCB), signed a Memorandum of Agreement to participate in IsDB’s Restore Track Program aimed to supporting IsDB’s member countries’ private sector through stimulus packages to the economic sectors most impacted by the CoVID19 pandemic. This agreement leverages […]

Africa Markets Opportunities

Africa’s Portal TO DOING BUSINESS WITH THE United States

Overview This Virtual Summit, the first and the largest of its kind convenes thousands of c-suite executives and decision-makers at African businesses, large and small, to present to you, from the highest ranks, the ways in which the U.S. can assist in growing your businesses through trade, investment, and technical assistance. Objective Designed specifically to […]

Africa Agribusiness Markets

UGX. 48 Billion Free Zone Facility Construction Inaugurated by Uganda Free Zones Authority in Entebbe.

BY Samuel Nabwiiso. The Government of Uganda through the Uganda Free Zones Authority (UFZA) has inaugurated the construction of the first public Free Zone in Uganda. The free zone facility is established at Entebbe International Airport and it’s estimated to cost Government UGX48 Billion. Upon  construction completion  whose construction is said to last for 6 […]

Africa Markets

Dr. Akinwumi Adesina, eighth President of the African Development Bank, sworn in for second term

Adesina – “Let us move forward, driven by the power of our mission, inspired by the primacy of our vision and emboldened by the strength of our togetherness”  Abidjan, Côte d’Ivoire, 1 September 2020 – “Today, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies of Africa…The […]

Africa Markets

AfDB Annual General Meeting 2020: a renewed commitment to economic resilience in Africa

Abidjan, Côte d’Ivoire, 26 August 2020 – The 55th Annual Meetings of the African Development Bank and the 46th meetings of the Board of Governors of the African Development Fund (ADF) began in Abidjan, Côte d’Ivoire, on Wednesday, 26 August 2020. In his opening speech, the President of Côte d’Ivoire, Alassane Ouattara, highlighted the unusual […]

Africa Markets

African Development Bank 2020 Annual meetings: Building Africa back better after the COVID-19 pandemic 

For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines.  The Governors’ Dialogue and the election of a president will be top of the agenda of the upcoming Meetings scheduled for 26-27 August 2020.  This year, which marks […]

Africa Markets

Digital Finance Is the Key to Post-Pandemic Development

Patrick Njoroge NAIROBI – “We are experiencing the sharpest decline in per capita income since 1870,” United Nations Secretary-General (UNSG) António Guterres pointed out in a recent speech, warning that the COVID-19 crisis has put 70-100 million people at risk of being pushed into extreme poverty. Preventing that outcome will require concerted and comprehensive action to reboot and rebuild the […]