The BRICS nations met this past August to discuss expansion as well as adding new members to the bloc. Amid de-dollarization efforts and the rising prominence of BRICS, some worry that BRICS could destroy the US economy. Specifically, as the collective grows in prominence, and takes aim at the US Dollar, the US could be facing certain … Read More “Will BRICS destroy the US Economy?” »
Umaru Fofana September 8, 2023 By Sumbebekos – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=45413666 Sierra Leone’s capital Freetown has been hit by power cuts after Turkey’s Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday. Minister Kanja Sesay told … Read More “Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt” »
Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. African leaders have proposed a global carbon tax where major polluters pay more to help poor nations finance the roll out of green energy systems and prepare for the damaging effects of climate … Read More “African leaders back global carbon tax to pay for green energy in poorer nations” »
Published by Terser Adamu on 6 September 2023 In Episode #86 of the Unlocking Africa podcast, Terser Adamu talks to Nigerian-born Olusegun Akande, who is the co-founder of Samis Online African Foods, a UK-based store specialising in African groceries. The company sources a substantial volume of its fresh food produce from Nigeria. The podcast covers … Read More “An African food empire in the UK, with Nigerian-born Olusegun Akande” »
South African consumer confidence rebounded in the third quarter on perceptions that the economic outlook is improving, after inflation eased, growth surprised on the upside and the economy created more jobs. A quarterly index measuring consumer sentiment climbed to -16 in the three months through September from -25 in the previous quarter, FirstRand’s First National … Read More “SA consumer confidence improves on brighter economic prospects” »
Image Credit: Farmerline To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Farmerline lands financing from Hivos-Triodos Fonds” »
There’s more than one way to shine a penny—or in this case, to grow your advisory business. While adding new clients is critical, when you’re building a legacy, it’s not the only important approach. Another way to create a sustainable practice is by developing new talent. Hiring an associate advisor can help you grow, evolve, … Read More “Create a Sustainable Practice by Developing New Talent” »
Receive free Vedanta Resources PLC updates We’ll send you a myFT Daily Digest email rounding up the latest Vedanta Resources PLC news every morning. Vedanta will take back ownership of a key Zambian copper mine four years after Africa’s second-largest producer kicked the Indian group out of the operation, as the country seeks to revive … Read More “Vedanta to take back ownership of Zambian copper mine” »
In the heart of Tanzania, Hellena Sailas, the CEO and founder of Arena Recycling Industry, leads a relentless charge against the looming spectre of plastic waste pollution. Her cleantech start-up’s mission is simple: to repurpose discarded plastic waste into eco-friendly construction materials – an approach that not only tackles environmental devastation but also heralds a … Read More “Tanzanian cleantech start-up leads plastic waste change” »
The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic program sponsored by the Jack Ma Foundation and Alibaba Philanthropy, now in its fifth year, has announced this year’s top 10 finalists following an intense round of semi-finale business pitches and judging held on September 1 and 2 at Norrsken House in Kigali, Rwanda. These 10 … Read More “Africa’s Business Heroes announces top 10 Finalists for 2023” »
