STORY HIGHLIGHTS The Horn of Africa has the largest concentration of livestock keepers in the world, as many as 7 million of them in Kenya. World Bank funding is fostering private sector opportunities that make pastoralism and livestock keeping a safer and more viable investment. Kenya’s thriving farming sectors could help university graduate and school…
Shares in Blue Owl Capital tumbled almost 6% on Thursday after the private market and alternative assets manager sold $1.4 billion of loan assets held in three of its private debt funds. Blue Owl said Wednesday it had agreed the sale with four North American pension and insurance investors, with the loans changing hands at…
Absa Group has announced a series of executive leadership changes, headlined by the appointment of former M-Pesa Africa MD Sitoyo Lopokoiyit as CEO of its personal and private banking division. Lopokoiyit, who takes up the role on 1 April, joins from Safaricom, where he led the strategy and growth of M-Pesa, Africa’s largest fintech platform….
Africa’s development finance challenge has reached a critical point. Mounting debt pressure is squeezing fiscal space. And essential needs in infrastructure, health and education remain unmet. The continent’s governments urgently need affordable access to international capital markets. Yet many continue to face borrowing costs that make development finance unviable. Sovereign credit ratings – the assessments…
Serving on a non-profit board can be deeply fulfilling and beneficial to the cause – but only if you’re fully committed and prepared for the role. It must be flattering to be offered a seat on the board of a non-profit organisation (NPO). After all, the non-profit sector has long valued for-profit executives for their…
The rise in the cost of education in South Africa continues to outpace consumer price inflation, with combined tuition and boarding fees at the 10 most expensive schools in the country rising by around double that of other goods and services on an annualised basis. Barring some shuffling in the middle, TechCentral’s list of the…
While millions of people make the effort to sort their recycling, buy fewer clothes and generally make greener choices, the world’s wealthiest can emit the same amount of carbon as the average person does in a year by going on holiday just once. Among the many things worrying the climate-conscious is the question of the…
Relying solely on public funding or foreign aid is no longer sufficient to meet Africa’s growing needs, African ministers and investors have said, calling for more private investment to close the continent’s infrastructure gaps. They made the remarks during the Africa Investment Forum (AIF) on November 26, in Rabat, Morocco. ALSO READ: AfDB President urges…
The communications & digital technologies department has issued a wide-ranging request for information (RFI) inviting potential partners to help modernise and commercialise key parts of the South African Post Office (Sapo), including its digital platform. It forms part of the company’s turnaround strategy to optimise its assets and infrastructure through partnerships with both the private…
Nairobi — MyCredit Limited has signed a KES 1.2 billion Memorandum of Understanding (MOU) with Enkisoma Africa Limited to finance and accelerate digital transformation in private schools across Kenya. The partnership will provide schools with access to computer labs, laptops, software, digital learning content, and other technology infrastructure through MyCredit’s education financing product, Kuza Elimu….
