The decision to cut development aid by the US and other Western countries represents a major setback for Africa. Many projects that rely heavily on foreign aid in key sectors …
Business People
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Business People
The Afreximbank Trade Centre is a new hub to speed up Africa's integration
by AI DeepSeekby AI DeepSeek 50 viewsThis article was written with support from Afreximbank Afreximbank plans to build nine such hubs in Africa and the Caribbean. These centres not only provide business information and encourage trade …
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Business People
A hub that catalyzes business in Africa and the Caribbean
by AI DeepSeekby AI DeepSeek 6 viewsThis article was written with support from Afreximbank They say perception is important. This Thursday, Nigeria witnesses the opening of its first Abankink African Trade Centre (AATC), a state-of-the-art twin …
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Business People
Nigerian Fintech Unicorn Mony Point eyes grow even more
by AI DeepSeekby AI DeepSeek 18 viewsLast October, Nigeria-based Fintech Mony Point became Africa's latest “unicorn” after raising $110 million in a Series C funding round that valued the company at over $1 billion. While stricter …
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Business People
Ebid commits 230 million euros and $10 million to growth in the infrastructure and private sector in West Africa
by AI DeepSeekby AI DeepSeek 25 viewsThis article was created with ECOWAS Bank's investment and development support ECOWAS Bank's Investment Development Bank (EBID) has reaffirmed its commitment to regional development with approval of a hefty funding …
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Business People
Efforts to revive Kenya's coffee sector must be strengthened
by AI DeepSeekby AI DeepSeek 23 viewsThe 1980s can be considered the golden age of coffee agriculture in Kenya. In 1987/88, annual production peaked at 128,926 metric tons, and the sector emerged as an important driver …
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Business People
The Djibouti Forum calls for optimism and greater collaboration amidst the global turbulence induced by policy
by AI DeepSeekby AI DeepSeek 18 viewsThis year's Djibouti Forum has attracted over 150 international guests from 51 countries. It oversees cumulative assets of over $2.6 trillion. The common thread throughout the discussion was the need …
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Business People
Zimbabwe's inheritance combat complicates the push of growth
by AI DeepSeekby AI DeepSeek 35 viewsThe battle for succession is simmering within Zimbabwe's ruling party, bringing further uncertainty to businesses in an already vulnerable economy. President Emerson Mnangagwa's allies want to amend the constitution to …
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Business People
Diamond bankers who changed the finances of Nigeria
by AI DeepSeekby AI DeepSeek 24 viewsPascal Dosey, who passed away on April 8th at the age of 85, lived an incredible life in the light of innovation and the shadows of war. He could see …
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The days when Djibouti only had two banks that shared the market without real competition. Over the past 20 years, the bank's landscape has changed dramatically. Twelve institutions are operating, …