Africa has an enormous ocean area at its disposal. There are almost 20 million square kilometres of ocean, seas and inland water that could be developed into environmentally sustainable blue economies. The G20 group of 19 of the world’s largest economies and the African Union also view the blue economy as key to developing the…
Only about four in 10 citizens have the necessary access to devices, electricity, and the Internet. Key findings ° On average across 39 countries, only 18% of respondents personally own a computer, and a further 15% have access to a computer in their household. Fewer than half (47%) personally own a smartphone. ° Men, urban…
Dimakatso ‘Mama Dee’ Hlongwane, founder and owner of Mama Dee’s Fast Food. Uber is observing Women’s Month by spotlighting female drivers and merchants who are leveraging its platform to build financial independence in the gig economy. Sihle Lakhe, a Johannesburg driver, has grown her business to two Uber Black vehicles after starting with one. Similarly,…
Prime Minister Elijah Ngurare, has urged African nations to embrace the blue economy as a central pillar of sustainable growth, food security, and regional integration, saying the continent’s future prosperity depends on how well it manages its oceans and waterways. Ngurare was speaking at a high-level thematic side event during the Ninth Tokyo International Conference…
Ethiopia has emerged as the fastest-growing economy in Africa, driven by strong government measures and strategic reforms, scholars said. Speaking to Channel Africa, Fairfax Africa Global Chairman and economist Zemedeneh Negatu stated that Ethiopia’s economy is gaining momentum as a result of the government’s ten-year strategic plan, which highlights the country’s comparative and competitive advantages….
Singapore – As Singapore’s Diamond Jubilee celebrations draw to a close on Saturday night, a huge fireworks display will illuminate the city’s extraordinary skyline. The numerous skyscrapers and futuristic buildings stand as a tribute to the country’s remarkable development after separating from Malaysia in 1965. This tiny Southeast Asian state, with a population of just…
Awaza, Turkmenistan — Heads of State, ministers, investors and grassroots leaders are gathered in Awaza on Turkmenistan’s Caspian coast for a once-in-a-decade UN conference aimed at rewiring the global system in support of 32 landlocked developing countries whose economies are often ‘locked out’ of opportunity due to their lack of access to the sea. Geography…
Despite his austerity measures, the president’s party is expected to do well in the crucial October mid-term elections. Argentina’s libertarian president, Javier Milei, has vetoed bills aimed at increasing pensions and disability spending, amid ongoing protests against his austerity fiscal policies, which are hitting many people in their day-to-day lives. Milei’s administration announced the decision…
Nairobi — Kenya’s film and creative sector is set to gain from the upcoming Africa Film Finance Forum (AFFF), which returns this September in Lagos, Nigeria, with an ambitious goal of unlocking a $20 billion Pan-African film economy. Scheduled for September 16-18, the forum will convene industry stakeholders under the theme “Pan-African Film Economy: Building…
Despite the rebasing of Nigeria’s Gross Domestic Production (GDP), the country still retains its position as the fourth largest economy in terms of Nominal terms. According to the National Bureau of Statistics (NBS), the country’s economy was worth N372.82 trillion in 2024. Using the current N1,529.53 per dollar, this, the economy is $243,526,768,148.72 (billion) in…
