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News

South Africa: Inflation shows signs of easing in

As the rest of Africa is still warming up to economic uncertainty in the aftermath of Donald Trump being sworn in as America’s president, the latest Consumer Price Index (CPI) survey has shown that inflation is easing up in South Africa.

Career

“My ICT company is empowering youths” – Earl Mondhlane

34 year old Mondhlane is tirelessly working hard to end youth unemployment in South Africa through his Information Technology (IT) Company that he started in a garage.

News

Togo: $ 350 million to become an emerging country

While the commodity crisis has overwhelmed many countries in the region, Togo still has an enviable growth rate. The financing agreements concluded at the end of January 2017 with the Bretton Woods institutions, namely for a $ 350 million US financing by the World Bank, will support the various measures taken by Togo which is looking forward to become an

News

Tunisia: First African Energy Exhibition

As a major challenge for the continent, energy autonomy will be at the center of the upcoming African Energy Exhibition. The first Exhibition will be held on March 1-3, in Hammamet, Tunisia. It will be a good opportunity for all stakeholders to consider new financing mechanisms, on a short-term basis and for South-South cooperation.

News

CAR: New Budget Plan Seeks to Fight Economic Downturn

Central African Republic (CAR) has descended into a civil war in 2013 when Seleka rebels took power, toppling President Francois Bozize and wreaked devastation on the country’s fragile economy. However, in November 2016, CAR was at the heart of a donor conference in Brussels which led to the establishment of a five year recovery plan estimated budget of 3.1 billion

Reports

Ivory Coast: The youth sets out aspirations

In a context of social unrest, the new cabinet of Amadou Gon Coulibaly, the Ivorian Prime Minister, is expected on many projects by the whole population. But it is first and foremost the Ivorian youth, jobless or not, that looks at what should be the Ivorian government’s priority areas. Public interview

News

Ivory Coast: African and US Experts on Maritime Safety

Abidjan has just hosted, on February 14 – 17, a « workshop on the strategic integration for maritime safety » – in the West African sub region. Actually, the threat of terrorism by sea is a concern for nineteen countries – which sent about fifty participants – to pool African and American expertise.

Reports

South African entrepreneurs brace for profitable 2017

Emerging South African entrepreneurs, just like most African entrepreneurs, endured a very frustrating 2016 as turbulent economic times spread across the continent. May they brace for profitable 2017.

News

World Sustainability Forum: education required for Africa’s growth

The World Sustainability Forum, which serves as a discussion portal for the 2030 Sustainable Development Goals, was taking place for the first time on African soil. Switzerland’s ambassador to South Africa, Helen Budliger Artieda, has challenged Africans to embrace education if the continent is to realize its full growth potential.

News

Gambia: New President moves to fix the economy

Gambia’s new President Adama Barrow is busy putting together his cabinet as he gets to work with the West African country’s battered economy high on his priority list. His new government inherited an economy without money from the former President Yahya Jammeh who looted nearly 11 million dollars days before leaving power on December 21st, 2016. Jammeh’s 22-year-rule was also

North-South

The CFA Franc: A Promising Future or Anachronism?

Many voices and numerous statements have been raised on the African continent, from politicians, journalists, economists, to ordinary citizens are questioning the CFA franc that mobilizes the monetary system in the francophone zone of Africa; since the independence. The CFA zone is consisting of 14 African states, eight of them in West Africa (WAEMU) and six others in Central Africa

Career

Lufefe Nomjana makes fortune from spinach

Young Cape Town based entrepreneur Lufefe Nomjana has built an empire from vegetables. He has turned spinach into one incredible success story making him one of the first people in the world to make a huge fortune from the versatile vegetable. His company, Espinaca (Spanish for spinach) Innovations, turns out more than R250 000 a month, employs more than 15

North-South

Young African entrepreneurs « unblock » mobile phone connexion

Takwana Tyaranini from Zimbabwe and Ibrahima Soumano from Guinea are the brains behind Senditoo. Based in UK and helped by French investors, Senditoo is a fast growing mobile airtime startup that allows its users to instantly send mobile phone top-up.

News

IMF to Togo: an agreement for $ 238 million

The Togolese officials and the International Monetary Fund (IMF) agreed, at the end of January, on a financing of $ 238 million. Funded under the Extended Credit Facility (ECF), this amount represents 128% of Togo’s quota to the IMF. The financial institution was motivated by the efforts of the Togolese government to reduce the country’s public debt.
A week ago, the

The month of record

« Africa must meet the needs of quality audiovisual productions »

The 25th Pan-African Film and Television Festival of Ouagadougou (FESPACO) is expected on February 24 – March 4, 2017, under the theme « Training, and film and audiovisual trades. » One month before the onset of the event, the Delegate General Ardiouma Soma makes a stock-taking of the Festival organization, in the digital era.
 
 
FESPACO will take place in less than