Inflation Hits South Africa, Threatens World – OZY
Africa Sub-Saharan Africa To Have Its Worst Inflation Since 2008 Russia’s invasion of Ukraine has led to surging global oil and food prices and the International Monetary Fund has announced that sub-Saharan Africa’s inflation rate increased by nearly 4 percentage points to 12.2% due to the invasion. Higher prices will “erode living standards quite a
South Africa emerges as Namibia’s top trade partner
A shopper selects goods in a supermarket in Windhoek, Namibia, March 15, 2022. Namibia’s annual inflation rate in February 2022 continued on an upward trend, increasing by 4.5 per cent compared to 2.7 per cent recorded in February 2021, the country’s statistics agency (NSA) said Tuesday. (Photo by Musa C Kaseke/Xinhua) Namibia’s trade composition by
Johnson Smith to engage Africa on Commonwealth Secretary-General bid
Minister of Foreign Affairs and Foreign Trade, Kamina Johnson Smith. KINGSTON, Jamaica — In furthering her campaign for the post of Commonwealth Secretary-General, Minister of Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith, will engage with heads of state and government and foreign ministers of Commonwealth countries in Africa. Johnson Smith, who departed Jamaica
She Leads Africa High Growth Coaching Program 2022 for early-stage, women-led startups in Nigeria
Application Deadline: May 20, 2022 The High Growth Coaching Program is an exclusive opportunity to develop an action plan for your business with support from your own personal business coach and a community of women to keep you accountable.This is a digital program open to women-led businesses across Nigeria. The focus of HGCP 2022 is on spotlighting
Nigeria’s new seaport aims to become African shipment hub
Nigeria expects to become an African hub for transshipment with a new deep seaport set to open in the commercial capital of Lagos before the end of this year, its managing director said on Wednesday. Du Ruogang, managing director of Lekki Deep Sea Port — owned 75% by China Harbour Engineering Company and Tolaram group
The women swapping shops for smartphones
The BBC profiles three African women – a former shop owner, a teacher and a taxi driver – who have boosted their income since they embraced digital platforms. The coronavirus pandemic forced many people to rethink how they earn a living. Independent research group Caribou Digital has found that women in Kenya, Nigeria and Ghana
Youth unemployment and the coming anarchy in Nigeria and South Africa
Youth unemployment and the coming anarchy in Nigeria and South Africa Columnists HomeColumnistsYouth unemployment and the coming anarchy in Nigeria and South Africa
Africa-Focused Starsight energy keeps things local with competitive refinancing agreement
Starsight Energy (Starsight), a Nigeria-based, Africa-focused solar energy provider, announced the conclusion of a competitive local currency agreement with Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), for a 10-year, NGN8 billion refinancing of US$20 million of current debt with two development finance institutions (DFIs) invested in the energy sector in Africa. The new facility
The Act Thuthukisani Programme 2022 for South African Artists
Application Deadline: May 22, 2022 Thuthukisani is a business development programme that was started to empower a selected group of artists to implement and execute their chosen projects in a strategic and sustainable way. A total of 63 successful applicants, seven from each province in South Africa, will receive training. After thorough training and mentorship
The business of festivals’ not music to the ears of organisers
By BAMUTURAKI MUSINGUZI When Busara Promotions, the organisers of the Sauti za Busara International Music Festival, Zanzibar’s premier music festival, announced on March 23 that this year’s edition of the annual extravaganza was to be the last for a lack of funding, it was proof of the financial burden of organising music and other festivals