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AI Sustainability a Priority for African Policymakers
UNESCO and the World Bank recently hosted a workshop in Conakry, Guinea, bringing together African policymakers and industry leaders to discuss sustainable artificial intelligence (AI)
Kenya Boosts Digital Economy Through Investment and Expansion
The Kenyan government has reiterated its dedication to youth empowerment, entrepreneurship, and job creation through various initiatives. These programs focus on fostering economic opportunities and
Kenya and Zambia Increase Use of Chinese Yuan
Kenya and Zambia are increasingly utilizing China’s yuan (renminbi) for official transactions, trade, and debt servicing. This shift reflects a broader trend among African economies
Sub-Saharan Africa Growth Forecast Up to 4.3% World Bank Says
The World Bank has increased its economic growth projections for Sub-Saharan Africa, citing strengthening investments and exports as key factors. The updated forecasts are included
Kenya China trade deal aims for near-duty-free exports
Kenya has reached a preliminary agreement with China that aims to provide duty-free access for 98.2 percent of Kenyan exports to the Chinese market. This
African finance faces headwinds and emerging opportunities
Global banks are reducing their presence in Africa, with Standard Chartered exploring the sale of its Botswana unit. This trend, which includes Société Générale, BNP
Bank CEOs Discuss Workforce Plans Amid AI Adoption
Bank executives discussed the potential impact of generative artificial intelligence during this week’s earnings reports. The conversations centered on productivity gains, potential job displacement, and
Kenya’s Economic Challenges Hurt Business Growth
Kenya’s business environment faces a complex situation, characterized by both excessive and insufficient regulation, according to Pheres Kariuki, CEO of Pure Infrastructure Ltd. The challenges
Kenya Airways Staff Trained to Spot Trafficking Victims
Kenya Airways staff have been instrumental in identifying human trafficking victims, according to the UN Migration Agency (IOM). A training program for airline employees has
World Bank Revises Upward South Africa’s 2025 Growth Forecast
South Africa’s economy is projected to experience growth, according to the World Bank’s latest “Global Economic Prospects” report. The report also details broader trends in