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Clement Chinaka
Slow Covid-19 economic recovery compels African companies to adapt

The World Economic Forum (WEF) reported this week that the pandemic has hit global trade and investment at an "unprecedented speed and scale" and revealed the fragility of the modern supply chain...

By Clement Chinaka 21 May 2020

A member of the Nigerian Health Task Force fumigates a building in Abuja, Nigeria, as the city struggles to curb the spread of coronavirus. COVID-19 Photo by Kola Sulaimon/AFP via Getty Images
Steps to inoculate African economies against the impact of coronavirus

The curve of the coronavirus pandemic started to bend upwards in Africa only recently - just as the curve in the 10 most-affected countries around the world was flattening...

By Chuku Chuku 15 May 2020

Getty Images/Stock photo
Vultures, doves and African debt: here's a way out

Once again, African countries are confronting overwhelming debt burdens. According to the most recent World Bank debt statistics, they owe a total of $493.6bn in long term debt to their foreign official and commercial creditors. About one third, $117bn, is in the form of tradeable bonds...

By Danny Bradlow 7 May 2020

Cloud technology can significantly reduce banking costs in Africa
Cloud technology can significantly reduce banking costs in Africa

The high cost of providing financial services in Africa means that more than 700-million people lack access to a bank or mobile money account and only 41% are financially included...

21 Apr 2020

It’s time the EU turned its rhetoric about Africa into more tangible action. epa
Europe and African relations post Covid-19: time to add size, scale and speed

Since 2000, European and African leaders have been talking about giving the partnership between the two continents a "new strategic" dimension...

By Carlos Lopes 1 Apr 2020

The cost of coronavirus in Africa: What measures can leaders take?
The cost of coronavirus in Africa: What measures can leaders take?

With the novel coronavirus Covid-19 having reached the African continent, countries are getting ready to manage the spread of the virus and ensure that their fragile health systems can cope...

By Dorothy Tembo 1 Apr 2020

AfDB launches $3bn 'Fight Covid-19' Social Bond
AfDB launches $3bn 'Fight Covid-19' Social Bond

The African Development Bank's new $3bn Fight Covid-19 Social Bond is the largest dollar-denominated social bond ever launched in international capital markets to date...

30 Mar 2020

#BlockchainAfrica: So you think you need a blockchain?
#BlockchainAfrica: So you think you need a blockchain?

It's 2020, and we're still in hype overdrive about blockchain...

By Cayle Sharrock 5 Mar 2020

#BlockchainAfrica: The impact of blockchain on the global economy
#BlockchainAfrica: The impact of blockchain on the global economy

In 2020, many of the world's most influential business executives and policymakers are aware of blockchain's potential to turn the global economy around...

By Ilija Acimovic 4 Mar 2020

There has been a slide in the levels of foreign direct investment in Africa. Wikimedia Commons
African countries aren't getting as much as they should from foreign direct investment

Economic growth is driven by a number of factors. These include foreign direct investment, national savings, household spending, fiscal and monetary policies...

By Muazu Ibrahim 25 Feb 2020

Image source: Getty/Gallo
Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

Activist Greta Thunberg was among attendees who want the world’s leaders to prioritise fighting climate change.
AP Photo/Michael Probst
How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

i_am_zews
How fintechs are making Africa a leading global innovation hub

In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech has been a welcomed revolution...

By Josephine Wawira 27 Jan 2020

China in lockdown. EPA
Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

#BFGlobal500: Amazon breaks $200bn mark, still world's most valuable brand
#BFGlobal500: Amazon breaks $200bn mark, still world's most valuable brand

Amazon makes history as the first brand in Brand Finance Global 500 ranking to exceed $200bn value mark and retains title of world's most valuable brand for the third consecutive year...

22 Jan 2020

Impact of free trade area in Africa will be huge
Impact of free trade area in Africa will be huge

Member States of the African Union (AU) have a combined population of over 1.2 billion people and gross domestic product of more than $3.4 trillion - yet the continent accounts for less than 3% of world trade...

By Andrew Skipper 21 Jan 2020

#BizTrends2020: Disrupting legacy African payments - going digital
#BizTrends2020: Disrupting legacy African payments - going digital

A country's payments system is probably not the first thing we think of when we think about the challenge of economic development. But payments are key to the bottom-up economic growth urgently needed...

By Murray Gardiner 17 Jan 2020

Up she goes. archigraf
US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

#BestofBiz 2019: Finance & Insurance
#BestofBiz 2019: Finance & Insurance

We've compiled our annual #BestofBiz 2019 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...

17 Dec 2019

The digital economy's environmental footprint is threatening the planet
The digital economy's environmental footprint is threatening the planet

Modern society has given significant attention to the promises of the digital economy over the past decade. But it has given little attention to its negative environmental footprint...

By Raynold Wonder Alorse 9 Dec 2019

#GlobalGenderSummit: 'Financial sector has a responsibility to women of Africa' - AfDB president
#GlobalGenderSummit: 'Financial sector has a responsibility to women of Africa' - AfDB president

At the recent inaugural session of the Global Gender Summit, hosted by the African Development Bank (AfDB), the organisation's president, Akinwumi Adesina, called for greater access to finance for African women...

29 Nov 2019

Kyle Mandy
Technology makes it easier for taxpayers

Technology employed by economies across the globe has made it substantially easier for businesses to pay their taxes...

29 Nov 2019

Ross Jenvey
FDI on the rise in Africa

While foreign direct investment (FDI) is falling in other global markets, it is on the rise in Africa, with approximately $46bn in FDI flowing into the continent in 2018 - an 11% increase compared to the previous year...

25 Nov 2019

Annual digital commerce spend to climb to $19tn by 2024
Annual digital commerce spend to climb to $19tn by 2024

A new study by Juniper Research reveals that global spending on digital commerce will reach $18.7 trillion by 2024, up from $11.2 trillion in 2019...

20 Nov 2019

African infrastructure investment exceeded $100bn in 2018
African infrastructure investment exceeded $100bn in 2018

Infrastructure financing in Africa Africa exceeded $100bn for the first time in 2018, but significant financing gaps still remain...

18 Nov 2019

#AfricaCom: Smartphone costs the biggest barrier to a digitally inclusive Africa
#AfricaCom: Smartphone costs the biggest barrier to a digitally inclusive Africa

The next technological evolution is advancing at an exponential rate and by leaving out some on this journey, we allow the current societal divides and inequalities to deepen...

By Sindy Peters 15 Nov 2019

#AfricaCom: "Every consumer today behaves like a millennial, your business needs to catch up!"
#AfricaCom: "Every consumer today behaves like a millennial, your business needs to catch up!"

Dion Jerling, co-founder of Connect Earth was chair of the third and final day of AfricaCom 2019's keynote sessions. He said there had been closer to 17,000 attendees than predicted 15,000 and convened a panel discussion on getting user experience (UX) right...

By Leigh Andrews 15 Nov 2019

Pieter de Villiers, co-founder and CEO, Clickatell
#AfricaCom: Chat commerce leapfrogs in Africa

Chat commerce and chat banking have revolutionised the way companies are serving their customers. Without having to invest in new architecture, companies are able to meet and engage with their clients on the platforms of their choice...

13 Nov 2019

Image source: Getty/Gallo
#AfricaCom: Future of digital financial services in Africa

According to the World Economic Forum, there are 700m people using digital financial services globally, of which half are in Africa...

By Nicci Botha 12 Nov 2019

Akinwumi Adesina
African investment confidence reaping rewards

Africa is ready to absorb more investments. The risk perceptions from the continent, while high, are often exaggerated. And they do not often match what data shows and return performance on investment...

12 Nov 2019

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