Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, driven by the growing impact of mobile money accounts across the continent. The share of adults in sub-Saharan Africa who saved through formal channels surged by 12 percentage points to 35% in 2024, the second-highest regional rate after East Asia and…
In this fourth and last article in the series on starting your own business by Steve Reid, he focuses on the customer experience, money mistakes entrepreneurs make, and the power of networking. Customers – Your Most Important Visitors A powerful quotation is attributed to Mahatma Gandhi who, in a speech in South Africa in 1890,…
Hadija Jabiri Hadija Jabiri, founder of agribusiness company GBRI, sees untapped potential across Tanzania’s agricultural sector, particularly in processing fruit, vegetables and grains into value-added products. “You can make a lot of money out of it,” she said in a recent interview with How we made it in Africa, pointing to excess production and widespread…
Families in rural Ethiopia are transforming their lives with clean energy. Supported by the World Bank’s Ci-Dev, biogas digesters replace firewood, cutting smoke and improving crop yields. Off-grid solar brings light, boosts savings, and powers micro-enterprises. Since 2016, Ethiopia has earned $3.46 million in carbon credits, reinvesting in access and maintenance. For women like Abeba…
Smiling teen girl holds credit card and searching what to buy online Stockplanets | E+ | Getty Images In the age of instant gratification where Gen Alpha has easy access to instant delivery services like Amazon Prime and Uber Eats, some parents are wondering how to teach the young money-saving skills. Born between 2010 and…
Priya Sippy & Anne Okumu BBC News, London & Lilongwe Jack McBrams A chunk of Suzanna Kathumba’s meagre salary goes on school fees, leaving little for other essentials Suzanna Kathumba, a domestic worker in Malawi, spends every day thinking of ways she can economise to make her salary of 80,000 kwacha ($46; £34) a month…
Tensions reached boiling point in a Wednesday meeting of parliament’s select committee on economic development & trade after Post Office business rescue practitioners Anoosh Rooplal and Juanita Damons requested that parts of their presentation on their plan to save the ailing state-owned company be held in private, away from the media. MPs across the political…
