The Managing Director of GCB Bank PLC, Farihan Alhassan, has called for a shift in Africa’s economic development strategy, arguing that the continent’s financing challenges are less about capital scarcity and more about building the right risk structures to attract investment at scale. He made the remarks during the African Banking, Finance and Economic Leadership…
While demand for AI skills continues to surge, uniquely human capabilities are becoming the biggest differentiator in the future workforce. (Image source: 123RF) Artificial intelligence (AI) is creating a two-track employment landscape in which jobs requiring human judgement, creativity and leadership are growing faster and commanding higher salaries than roles increasingly simplified through automation. This…
South Africa and Namibia have been urged to accelerate cooperation in the energy and mining sectors to unlock the economic potential of recent oil and gas discoveries and deepen regional integration. Delivering opening remarks at the Senior Officials’ Meeting of the Fourth Session of the South Africa-Namibia Bi-National Commission in Pretoria on Tuesday, South African…
Mombasa, Kenya — The blue economy is a vital source of jobs, food security, and economic opportunity across Africa and the Western Indian Ocean region. Yet, by the admission of those driving its development, the region is still only beginning to tap into what its oceans, lakes, and rivers can truly offer. This was the…
Government is deepening its efforts to build State capacity and unlock development finance to drive industrialisation after securing access to a US$14 billion funding programme through Afreximbank. The Department of Trade, Industry and Competition (the dtic) and the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) that unlocks access to a massive…
$642 million program to reach 5.4 million young people with market-relevant skills, education, and job opportunities WASHINGTON, June 23, 2026 – The World Bank Group Board of Executive Directors today approved the Skills for Innovation, Resilience, and Aspirations (SIRA) Program, a flagship regional initiative designed to strengthen education-to-employment pathways for youth across Western and Central…
The raft of proposed changes includes a new constitution and anti-corruption office, and the ousting of the president. Published On 22 Jun 202622 Jun 2026 Hungary’s Prime Minister Peter Magyar has launched a wide-ranging reform drive aimed at pulling the state out of the captivity into which it was forced by former Prime Minister Viktor…
Falcon Aerospace Limited is intensifying expansion beyond the sub-region into key African economic hubs, as part of moves to strengthen its international presence and mobilise capital for growth. The company said the move will deepen connectivity across Africa, while positioning business aviation as a driver of economic development on the continent. In advancing this objective,…
The regional forum, supported by the International Labour Organization (ILO) through the Better Regional Migration Management (BRMM) Programme and funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), brought together journalists union leaders and media professionals from Comoros, Djibouti, Ethiopia, Kenya, Rwanda, Somalia, South Sudan, Sudan, Tanzania and Uganda to strengthen professional journalism…
Tax Justice Network Africa (TJNA) Executive Director Chenai Mukumba has challenged civil society organizations and media practitioners across Africa to become more actively involved in shaping tax policy and monitoring government revenue mobilization efforts, warning that fair taxation and accountable public finance management are critical to the continent’s development future. Mukumba made the call Monday…
