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Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

Malabo — new report from the World Bank Group finds that Equatorial Guinea stands at a decisive moment. The Equatorial Guinea Poverty and Equity Assessment, the first of its kind, finds that, in spite of the oil wealth that transformed this country into an upper-middle-income economy and one of the richest economies in Sub-Saharan Africa,…

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Fintech turns standout performer for Pepkor

Fintech turns standout performer for Pepkor

Pepkor claims it now accounts for eight out of every 10 prepaid handsets sold in South Africa. The fintech segment was a standout performer in retailer Pepkor’s financial results for the year ended 30 September. In its annual results published today, the JSE-listed Pepkor says its fintech segment increased revenue by 31.1% to R16.6 billion…

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Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

Africa: Somalia Is Innovating to Provide Communities With Clean, Safe Water Despite Climate Change Effects

STORY HIGHLIGHTS The Holhol Dam has been rehabilitated under the World Bank-supported Somalia Water for Rural Resilience Project (Barwaaqo) to support over 6,000 people and thousands of livestock. The upgraded dam now holds up to 70,000 cubic meters of water and serves surrounding villages such as Asha-ado, Abuqeys, and Sogsogley. The rehabilitation of five water…

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Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

Africa: Improving Access to Maternal and Child Healthcare in Somaliland

STORY HIGHLIGHTS Since its launch in Somaliland in 2024, the Damal Caafimaad Project has supported 49 health facilities and served over 425,000 outpatients, with a significant rise in antenatal care coverage. Female outpatient attendance reached 76,527, representing a 56.5% coverage of the targeted population. Over 16,000 pregnant women completed at least four antenatal care visits…

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U.S. mountain climber among 2 killed in a fall on New Zealand’s highest peak, 2 others rescued

U.S. mountain climber among 2 killed in a fall on New Zealand’s highest peak, 2 others rescued

Two mountain climbers have died on Aoraki, New Zealand’s tallest peak, and two others from the same group were rescued, authorities said. One of the two people killed in a fall was from the U.S., officials said Wednesday. Specialists from rescue organizations and government agencies recovered the dead climbers’ bodies late Tuesday, according to Police…

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Off-grid, ultra-fast EV charging coming to the N3

Off-grid, ultra-fast EV charging coming to the N3

Zero Carbon Charge has broken ground on two off-grid solar-powered EV stations along the N3 in the Free State and KwaZulu-Natal. They will be the first fully off-grid, solar-powered and ultra-fast EV charging stations on the N3, one of the country’s busiest and most important transport routes. Zero Carbon Charge built its first off-grid charge…

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Africa: Somalia’s Deputy PM Highlights Progress At Africa-EU Summit in Angola

Africa: Somalia’s Deputy PM Highlights Progress At Africa-EU Summit in Angola

Luanda — Somalia’s Deputy Prime Minister, Salah Ahmed Jama, attended the Africa-European Union Summit in Luanda on Monday, highlighting his country’s progress in peacebuilding, security, state institutions, and financial reform. In a keynote address, Deputy Prime Minister Jama emphasized Somalia’s ongoing efforts to strengthen government institutions, reform the security sector, and combat extremist groups. He…

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Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

Africa: Seedstars, Sanad Program to Back Female-Led Startups in Africa

Seedstars has partnered with the SANAD Technical Assistance Facility (TAF) to launch the SANAD Elevate Her Programme. This multi-phase initiative supports female-led and 2X-aligned startups across the Middle East, North Africa, and Sub-Saharan Africa. The programme targets persistent barriers faced by women founders, including a $42 billion funding gap and limited access to finance, markets,…

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