Jani Ibrahim’s career has followed an unusual arc: engineer first, industrialist second, institution builder last, each stage quietly funding the next. In September, that arc reached West Africa, when he was elected President of the Federation of West African Chambers of Commerce and Industry (FEWACCI). The election happened in Abidjan, at FEWACCI’s 11th Annual General…
Nairobi — Billionaire industrialist Aliko Dangote has called for faster industrialisation across Africa, saying the continent must create jobs and economic opportunities to absorb its growing young population. Speaking on the inaugural episode of BBC Africa Enterprise shortly after the groundbreaking of his planned refinery in Lamu, Kenya, Dangote said African countries must shift from…
The new Africa Credit Rating Agency (AfCRA) has already generated an important debate. Some analysts have portrayed it as a rival to the three established global rating agencies – Fitch, Moody’s and S&P Global. Others have questioned whether Africa needs another rating agency at all. But, based on my expertise researching African financial markets and…
The formal launch of the Africa Credit Rating Agency (AfCRA) has required considerable institutional commitment. It brings to fruition an effort that has been almost a decade in the making. In 2017, the African Union gave the African Peer Review Mechanism a mandate to support member states in the field of credit rating agencies. By…
Home affairs minister Leon Schreiber Home affairs minister Leon Schreiber on Thursday unveiled what he said was South Africa’s first working digital ID, using his own credential on his smartphone in a live demonstration in Johannesburg. “What you are about to see is not only a real working digital identity credential that has been formally…
Africa’s health-tech sector should produce its first billion-dollar company within the next five years, Jean-Philbert Nsengimana, Chairman of the Africa HealthTech Summit, has said. Also read: Nsengimana: Africa must build AI, unlock financing and scale health innovation Speaking at the opening of the fifth Africa HealthTech Summit in Kigali on September 30, Nsengimana challenged innovators…
Addis Ababa — Multilingualism is essential to strengthening Africa’s international cooperation as language plays a central role in diplomacy, trade, education, science, culture and development, Economic Commission for Africa (ECA) said. ECA Deputy Executive Secretary Mama Keita made the remarks today at an event marking International Translation Day, observed annually on September 30 under this…
Nairobi — Global leaders convened at the United Nations headquarters in New York for a private sector forum, where business leader from Nairobi, Kenya Chris Diaz argued that the course of the world’s future hinges on how countries and industries tackle today’s most pressing issues. “Our future will be shaped by how we address the…
Kenyan President William Ruto and Nigerian businessman Aliko Dangote on Wednesday, September 30, launched the construction of the Dangote East Africa Petroleum Refinery, a $16 billion project (Rwf23.6 trillion) set to transform the energy and industrial landscape of Kenya and the region. ALSO READ: Kagame says Rwanda considering investment in Dangote-backed oil refinery Ruto and…
Yaounde, Cameroon — Agricultural, land, forestry, environmental and trade policies in the Congo Basin remain compartmentalised at country levels, leaving proven agroecological models trapped at pilot stages due to a lack of advisory services, organic inputs, market outlets and sustainable financing. In a declaration made following the Second Congo Basin Convening on Agroecology held in…
