Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

BISSAU — Guinea-Bissau’s economy demonstrated notable resilience in 2025, according to the World Bank Group’s Guinea-Bissau Economic Update (Spring 2026), released today. Real GDP expanded 5.8% in 2025, buoyed by a strong cashew harvest and farmgate prices that supported rural incomes and private consumption. Yet beneath this encouraging headline, the country faces mounting structural pressures…

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Gig work surges as South Africa’s e-hailing sector scales up

Gig work surges as South Africa’s e-hailing sector scales up

E-hailing platforms have enabled hundreds of thousands of drivers to earn income despite persistent unemployment and economic challenges. (Image created via Gemini) South Africa’s e-hailing sector has evolved from a convenient transport alternative into a significant contributor to the country’s digital economy, creating hundreds of thousands of income-generating opportunities. This, as the country continues to…

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Reinvest spectrum cash in ICT sector, industry urges

Reinvest spectrum cash in ICT sector, industry urges

South Africa’s telecommunications operators wants future spectrum auction proceeds reinvested in digital infrastructure, citing the heavy bill that operators continue to carry from 2022. The Association of Comms & Technology (ACT) – an industry body whose members include South Africa’s biggest network operators – wants money raised in the country’s next spectrum auction reinvested in…

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Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: Why Trust, Missing Data Remain Major Obstacles in Africa’s Insurance Sector

Despite growing innovation in insurance products across Africa, particularly in climate and agriculture, weak trust at community level and persistent data gaps continue to undermine uptake and long-term sustainability. Tom Gitogo, the Group Managing Director and CEO of Britam, said that even where innovative products such as parametric insurance have demonstrated real impact in responding…

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Yoco brings in external CEO from European fintech sector

Yoco brings in external CEO from European fintech sector

Carsten Höltkemeyer South African payments fintech Yoco has appointed Carsten Höltkemeyer as CEO, effective 1 June 2026, ending a nine-month interim period during which co-founders Bradley Wattrus and Lungisa Matshoba have run the business as co-CEOs. Höltkemeyer joins Yoco from a long career in European banking and fintech. He served as CEO of Berlin-based embedded…

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Saica ED expands enterprise development into the ICT sector

Saica ED expands enterprise development into the ICT sector

Saica Enterprise Development (Saica ED) has taken a significant step in advancing inclusive economic growth through its partnership in the ICT-focused Enterprise and Supplier Development initiative, the TrailblazeHER Programme – a Telkom-led initiative. This strategic collaboration marks Saica ED’s contribution to the digital landscape, demonstrating the adaptability and relevance of its Enterprise and Supplier Development…

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