Are African stocks riskier than the US market?

Are African stocks riskier than the US market?

American investor Finn Walker is the managing partner of Heron Partners, which invests in companies listed on African stock exchanges. One of the key reasons Walker is bullish on Africa is the continent’s young and fast-growing population. Africa’s population is projected to reach around 2.5 billion by 2050, up from roughly 1.6 billion today –…

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Africa: Choose Purpose Over Fear, Kagame Tells African Youth

Africa: Ethiopia’s Agricultural Transformation Model Offers Lessons for Other African Nations – AU Officials

Addis Ababa — Ethiopia’s efforts to boost agricultural productivity, promote self-sufficiency, and engage smallholder farmers offer valuable lessons for other African countries seeking to strengthen food security, according to officials from the African Union (AU) and the Regional Strategic Analysis and Knowledge Support System. Clement Adjorlolo, Principal Programme Officer for Agriculture and Rural Transformation at…

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Africa: Choose Purpose Over Fear, Kagame Tells African Youth

Africa: Ex-Liberian President Warns African Leaders – Democracy At Risk When Elected Govts Become Tyrannical

– Fubara, NBA president charge lawyers to defend rule of law, judicial independence Blessing Ibunge in Port Harcourt Former Liberian President George Weah has warned African leaders against undermining democracy through political manipulation, pressure on the judiciary and the weakening of institutions, saying an elected leader can become a tyrant if he governs without respect…

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South African inflation breaks its upward run

South African inflation breaks its upward run

South Africa’s headline consumer inflation slowed to 4.3% year on year in July from 5% in June, data from Statistics South Africa showed on Wednesday, breaking a four-month run of accelerating prices. Economists polled by Reuters had expected inflation would ease to 4.5%, helped by lower transport costs as fuel prices retreated after a temporary…

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Men from Cuba and other countries describe being deported by the U.S. to a dangerous African nation: “We cannot leave”

Men from Cuba and other countries describe being deported by the U.S. to a dangerous African nation: “We cannot leave”

Last year, Cuban immigrant Yasmany Moreno de Armas was working and living in Florida. He’s now in the Central African Republic, after the Trump administration sent him and dozens of deportees to the deeply impoverished and conflict-ridden nation. The 31-year-old said he only learned the U.S. government was deporting him to Africa after he arrived…

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bn AWS engineering firm to accelerate African AI

$1bn AWS engineering firm to accelerate African AI

Jonathan Allen, AWS executive in residence. Amazon Web Services (AWS) says its Forward Deployed Engineering (FDE) business will help organisations across Africa increasingly shift their focus from artificial intelligence (AI) exploration, to real-world business transformation. This, after the cloud computing giant in June announced it was investing $1 billion to set up the new AWS…

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