Mombasa, Kenya — Imam Bukuru Elie Khalfan is very personal about the need for open conversations about sexuality. The Burundian faith leader recalled becoming a father while he and his wife were still young and knew little about sexual and reproductive health. Their limited knowledge left them unsure about contraception and what to do when…
Jumia has priced a $50 million equity raise led by the International Finance Corporation as the e-commerce company adds cash while working toward break-even. IFC will invest $25 million, with Axian and other investors providing the rest. The investors will buy about 9.1 million American depositary shares at $5.52 each. The funding comes as Jumia’s…
Nearly 50 million more people in highly vulnerable communities globally are set to be pushed into acute hunger because of the strengthening El Niño weather phenomenon, the UN World Food Programme (WFP) said on Wednesday. In response, the agency and partners are already boosting efforts in eight countries to protect some of the most vulnerable…
JSE CEO Valdene Reddy The JSE has sustained a sharply higher rate of software investment into 2026 as it works towards a pan-African digital marketplace by 2031. The exchange spent R75.5-million acquiring intangible assets in the six months to June, three times the R24.4-million it spent in the same period last year. The step-change came…
Addis Ababa, Ethiopia — Africa’s digital revolution is gathering pace, but the financing needed to sustain it remains uneven, fragmented, and often out of reach. To bridge this gap, African multilateral financial institutions, policymakers, development partners, and private sector leaders are calling for a more coordinated, innovative, and better-structured financing approach to support Africa’s digital…
Vodacom Group CEO Shameel Joosub Vodacom has lowered the floor on its dividend payout policy, cutting it to at least 65% of headline earnings from at least 75% previously, in a change disclosed alongside first-quarter trading numbers and the completion of its long-awaited Safaricom transaction. The shift is significant for a counter widely held by…
Tehran, Iran – A public rift has emerged between Iran’s government and state television over how to portray the state of war and negotiations with the United States, as mediators try to nudge both countries towards diplomacy. The Government Information Council on Friday accused state broadcaster IRIB of “censorship” after parts of a speech by…
Regulators and investors have urged urgent expansion of green finance instruments — from green bonds to sustainability-linked loans — as the key to unlocking Africa’s low-carbon transition, closing the continent’s climate finance gap and attracting global capital. The urgent need for Africa to transform sustainability commitments into measurable action took centre stage as business leaders,…
The U.S. Navy continues to encourage commercial ships to use the so-called southern route through the Strait of Hormuz, despite attacks by Iran this week targeting vessels trying to use that route and repeated warnings from Tehran for ships to only use a northern passage close to its coast. An advisory released Friday by the…
Can artificial intelligence benefit all of humanity – safely, fairly and without causing “catastrophic harm”? That is the question at the heart of a major UN summit opening in Geneva on Monday. Governments, tech companies, academics and civil society will spend two days at the Global Dialogue on AI Governance wrestling with how to regulate…
