Cape Town and Lagos among Africa’s ultra-rich hotspots Published by Seth Onyango on 24 September 2024 Cairo, Cape Town and Lagos are some of the world’s ultra-rich hotspots cities to watch, according to the Centi-Millionaire Report from Henley & Partners.
Kenyan-built mobile money platform disrupts traditional banks’ hold in Eswatini Published by Seth Onyango on 12 September 2024 A Nairobi-designed digital wallet service is nipping at the heels of Eswatini’s mainstream banks and telcos.
Nigerian tycoon eyes lithium project in Zimbabwe Published by Seth Onyango on 5 June 2024 Nigerian industrialist Benedict Peters’ Bravura Holdings will start production at a Zimbabwean lithium project in 2025.
African art: A billion-dollar moment Published by Seth Onyango on 27 April 2023 Africa’s fine art market is gaining more visibility, fueled by a surge of demand from international and, increasingly, local collectors.
M-PESA eyes global remittances market’s multi-trillion dollar surge Published by Seth Onyango on 23 February 2023 The African mobile money giant is looking to replicate its African success in new markets as the global demand for seamless, fast and affordable remittance services heats up.
From battery metals to avocados: Zambia attracts investor interest Published by Seth Onyango on 30 January 2023 Foreign direct investment into Zambia soared 158% in 2022 to US$8.5 billion, highlighting changing investor sentiment towards the country.
African free trade area gets real Published by Seth Onyango on 13 October 2022 Kenya’s recent twin shipment of batteries and tea to Ghana – the first from an East African economy under the African Continental Free Trade Area – has injected fresh impetus into the fledgling free trade initiative.
Burj Zanzibar: A Dubai-style construction boom Published by Seth Onyango on 13 October 2022 Zanzibar is undergoing an infrastructure overhaul
South Sudan in new push to tap its massive farm potential Published by Seth Onyango on 6 September 2022 South Sudan is looking to increase its share of agriculture exports with its latest Fruits and Vegetables Sector Strategy, designed to replenish its food basket and create jobs.
Global realignment – an opportunity for Africa? Published by Seth Onyango on 2 September 2022 Simmering rivalries and strategic shifts between superpowers and their allies are offering Africa more geopolitical and economic agency, as it seeks to avoid the pitfalls of the past.
Winter is coming: Europe scrambling for Africa’s natural gas Published by Seth Onyango on 19 August 2022 With reduced flows of Russian gas to Europe, and the lingering threat of a full supply disruption in the dead of winter, the EU is increasing eyeing Africa’s natural gas.
Kenyan bourse brings carbon exchange to East Africa Published by Seth Onyango on 13 July 2022 The Nairobi Securities Exchange inked a deal with the AirCarbon Exchange to set up Kenya’s first carbon offset exchange.
Africa’s citrus industry buoyant despite global shocks Published by Seth Onyango on 7 July 2022 South African citrus farmers are finding alternative markets for shipments to Russia that decelerated following its military offensive against Ukraine.
Rihanna’s beauty line Fenty seeks to tap into Africa’s growing cosmetics industry Published by Seth Onyango on 17 May 2022 Rihanna’s Africa launch of her luxury beauty line Fenty is perceived as a reaction to the growth of the continent’s beauty and personal care industry.
