South Africa’s G20 presidency last year revived an old and uncomfortable question: If Africa has been “rising” for more than two decades, why has so much of that promise failed to translate into factories, jobs, exports and broad-based prosperity? The answer, according to economists and investment thinkers, lies not in the absence of opportunity, but…
The Minister warns that Africa remains trapped by a “prejudice premium” in global finance, calling for urgent reforms to unlock affordable capital and drive industrial growth across the continent. Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for urgent reforms to the global financial architecture, saying Africa continues to…
Nairobi — President William Ruto has called on Africa to position sports at the centre of its economic transformation. The President said the continent must invest in building African-owned sports industries that create wealth and jobs for its young population. Speaking at a high-level dialogue on the commercialisation of sports at the University of Nairobi…
Public procurement reform rarely makes headlines. But when a single digital system begins to demonstrably reduce costs, shorten timelines, and open up contracting opportunities to a wider pool of businesses–all within three years–it is worth examining how it happened and what others can learn from it. Tanzania’s Public Procurement Regulatory Authority (PPRA) has done exactly…
Airtel Africa, has released its financial report for the year ended March 31, 2026, posting a strong performance result in its operations. The telecoms company recorded a strong 24.0 per cent growth in constant currency revenues in FY’26, with reported currency revenues increasing by 29.5 per cent to $6.415 billion, reflecting attractive industry fundamentals and…
South Africa’s private sector expanded at its fastest pace in nearly four years in April, as sales and output rose amid supply concerns linked to the Iran war, a business survey showed on Wednesday. The S&P Global South Africa Purchasing Managers’ Index rose to 51.6 in April from 50.8 in March. The 50-mark separates growth…
JSE-listed Altron has firmed up its earnings guidance for the year ended 28 February 2026, with headline earnings per share (Heps) from continuing operations now expected to rise by 31-37% — broadly in line with the more than 30% growth flagged in the group’s 12 February trading statement. In an updated trading statement issued on…
Addis Ababa — A leading Kenyan aviation expert has called for sweeping reforms across Africa’s travel and aviation sectors, arguing that visa-free access and open skies are essential to unlocking the continent’s vast tourism potential. Speaking to ENA on the sidelines of the IATA Focus Africa Conference in Addis Ababa, Charles Gakuu emphasized the urgent…
Banjul — The World Bank Group today released its Country Climate and Development Report (CCDR) for The Gambia, placing jobs, livelihoods, and economic opportunity at the center of the country’s development agenda. The report shows that rising environmental pressures are already affecting productivity, agriculture, and infrastructure, and that targeted resilience-building investments are essential to protect…
Rasan Builds on Momentum Highest-Ever Quarterly Revenue in Q1 2026 (Photo: AETOSWire) Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in the Kingdom of Saudi Arabia, today announced its financial results for the first quarter of 2026, delivering highest ever quarterly revenue, accelerated profitability, and broad-based growth across all products. This…
