Renewable energy accounts for a third of global power capacity, IRENA says
The annual increase of 7.9 percent was bolstered by new additions from solar and wind energy, which accounted for 84% of the growth...
Tag : Africa
Fintech and the future of Africa explained
Seven of the world’s 20 fastest-growing economies are African, and the continent’s total GDP is forecast to double between 2015 and 2030...
Projects worth $1 trillion fall under China’s One Belt, One Road initiative
"Targeted to be completed by 2049, the landmark project will bring about inclusive growth, spur unprecedented development, and enhance cooperation, trade, and investment worldwide," says Dawood Al Shezawi, CEO of Annual Investment Organising Committee...
Industry stalwarts to head Takaful & InsurTech Forum
Over 300 industry powerhouses from GCC, Asia, Africa and Europe are expected to converge at the two-day forum, that will also feature an exclusive report launch by Milliman...
Russia, Colombia lead global oil and gas discoveries in Q4 2018
Russia had two natural gas discoveries in the West Siberian basin and an oildiscovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin, says GlobalData...
Frontier markets debt: Many European investors have a misperception about Africa
“'We are very constructive on frontier markets’ fundamentals as a whole, and this is particularly true for several African states," Yvette Babb, Senior Portfolio Manager Frontier Markets Debt at NN Investment Partners...
Is Blockchain in Africa a Disruptor or a Fad?
A growing number of blockchain entrepreneurs are innovating to create unique solutions for African problems. With heightened crackdown on cryptcurrencies, is it too early to forecast the success of blockchain’s potentially impactful solutions?...
IBM extends microfinancing opportunities to Africa’s SMEs
IBM establishes a new supply chain platform using machine learning and blockchain technology to facilitate microloans to SMEs in Africa...
Central Bank of Nigeria released US$210mn to relieve dollar crunch
The Central Bank was “ready to inject funds into the market, whenever and wherever necessary, in order to maintain market stability as well as sustain the financial system,” the statement reads...
ANC member Makhosi Khoza quits politics
“Retiring from politics means I will work with all citizens irrespective of their political affiliations,” says leader Makhosi Khoza...