Addis Ababa , Ethiopia | Xinhua | The African Continental Free Trade Area (AfCFTA) Agreement can potentially position African economies stronger in the face of future global shocks such as the ongoing COVID-19 pandemic, a senior United Nations trade policy expert said on Wednesday. Speaking exclusively to Xinhua, David Luke, Coordinator …
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Covid-19 pandemic has taken a heavy toll on Africa’s airlines, but some analysts suggest that a more streamlined industry offering better services could emerge | CHARLIE MITCHELL | After gaining independence, the old saying went, African countries first needed a currency, then an anthem, then an airline. Currently, airlines – …
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After lockdown, Uganda, Ghana and Senegal show early recovery signs Kampala, Uganda | RONALD MUSOKE | Dozens of African countries will experience subdued economic recovery next year, according to predictions shared by experts at a recent roundtable organized by the Nairobi-based Africa Trade Insurance Agency. The annual roundtable event which …
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Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …
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It will depend on its ability to mobilise resources – Adesina | THE INDEPENDENT | Africa’s recovery from the COVID-19 pandemic will depend on the continent’s ability to mobilise resources, according to African Development Bank (AfDB) President Akinwumi Adesina. Adesina was on Dec.10 speaking during Nobel Week Dialogue, a prelude …
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Nairobi, Kenya | Xinhua | Many African countries have demonstrated commitment to achieving universal health coverage (UHC) amid disruptions triggered by the COVID-19 pandemic, a World Health Organization (WHO) official said on Saturday during the Universal Health Coverage Day. Matshidiso Moeti, WHO Regional Director for Africa said that universal health coverage …
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United Nations | Xinhua | At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of 50 billion U.S. dollars annually, UN Deputy Secretary-General Amina Mohammed told a high-level virtual meeting on Thursday held under the African Union’s (AU) …
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United Nations | Xinhua | United Nations Secretary-General Antonio Guterres on Wednesday warned against “vaccine nationalism,” appealing for greater finance to secure inoculations for Africa. “It’s true we are seeing vaccination nationalism moving at full speed,” Guterres said during a virtual meeting with the African Union. The UN chief made this …
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Kampala, Uganda | THE INDEPENDENT | Xoom, PayPal’s money transfer service, has announced that its customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the under banked segment. The new markets …
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What lies behind the success of TECNO’s smartphones in Africa? General manager Stephen Ha shares his insights on what gives the company its leading edge. How do you see the evolution of mobile phones and devices on the continent? Worldwide sales of smartphones to end users are on track to …
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