Tag: Pan African Business
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African Business Potential On the Up
Low wages make it tough for the average earner to start their own formal business across much of Africa. The priciest place is Equatorial Guinea ($2,322), where a $324 paycheck means a 718% affordability rate. Fees are lower elsewhere, but so are wages. In fact, Congo is the least affordable in the world, with fees…
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🇺🇸Trump raises Western Sahara tensions
The impact of a second Donald Trump presidency is already resonating in the disputed territory of Western Sahara. The Polisario Front has warned it will ramp up military attacks against Moroccan troops should support from France and the new US administration for Rabat’s alleged occupation of the region continue. Recognition of Morocco’s sovereignty over the…
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Africa Skills Week (ASW) 2024
Africa Skills Week (ASW) 2024, held in Accra from October 14 to 18, drew to a triumphant close with a bold call to institutionalize the event as a biennial gathering aimed at promoting dialogue, experience sharing, and collaboration on skills development and employment in Africa. Themed “Skills and jobs for the 21st century: quality skills…
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Zimbabwe government makes e-payment compulsory for all businesses
Under this new direction, all businesses must accept Point-of-Sale (POS) machine transactions. The move is aimed at prohibiting businesses from engaging in unfair trade practices. It also seeks to protect consumers from robbery incidents and promote safer and more convenient payment methods, providing consumers with payment options to choose from. In line with this, the…
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Anthony Nkinzo: The Quiet Power Behind Tshisekedi’s Private Office
As President Félix Tshisekedi enters his second term in the Democratic Republic of Congo (DRC), the spotlight has shifted to Anthony Nkinzo, the president’s newly appointed chief of staff. Despite lacking the political influence traditionally associated with this role, Nkinzo brings a wealth of experience from the business world and has garnered support from influential…
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Burkina Faso’s nuclear partners also propose a renewable energy deal
In March Burkina Faso and Russia, through its state-owned energy company, Rosatom, spoke about establishing a nuclear project in the West African country. Very recently, both parties opened dialogue on the prospect of a renewable energy deal. This new proposal came on the heels of the 3 day forum concerning Russia’s partnership with Burkina Faso.…
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The Rise of America’s Black Elite: A New Era of Wealth and Influence
The Rise of America’s Black Elite: A New Era of Wealth and Influence While African Americans have historically been disproportionately affected by poverty in the United States, a significant shift is taking place. Today, America is home to the largest concentration of wealthy and highly successful Black individuals in the world. In fact, 1 in…
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Starmer Government Prepares New Africa Strategy
British Under-Secretary of State for Africa, Lord Collins of Highbury, attended a United Nations Security Council meeting in New York on 12 August 2024 as part of ongoing efforts to shape a new Africa strategy under the Labour government. Since coming into power on 4 July, the Starmer administration has set its sights on renewing…
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Belarus’ tractor exports to Africa: A boost for food security and a shift in global trade?
Belarus, a leading tractor manufacturer, has recently announced plans to redirect its agricultural machinery exports to Africa following the European Union’s ban on imports. This shift in trade flows has sparked discussions about its potential benefits for African countries and its implications for the global economy. “There will be a higher equilibrium of a win-win…
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Amílcar Cabral (1924-1973)
Amílcar Cabral (1924-1973) was a prominent African revolutionary leader, agronomist, and intellectual who played a crucial role in the struggle for independence in Guinea-Bissau and Cape Verde. Born on September 12, 1924, in Bafatá, Guinea-Bissau, Cabral was educated in Cape Verde and later in Lisbon, Portugal, where he studied agronomy. Cabral’s education and experience as…
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