The Lobito corridor – a trade route linking the southern Democratic Republic of the Congo (DRC) and north-western Zambia to global markets through the port of Lobito in Angola – is garnering increasing attention. It’s seen not just as a pathway to export mining commodities, but also as an artery for future economic growth. The … Read More “Zambia, DRC and Angola eye new economic opportunities from Lobito corridor” »
BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing. Now they’re abandoning an increasing number of those products in the U.S. amid political backlash and investor scrutiny. State Street Corp., Columbia Threadneedle Investments, Janus Henderson Group and Hartford Funds Management Group Inc., among … Read More “BlackRock, State Street among asset managers closing ESG funds” »
My Pivot Journal is a Ventures Africa weekly series documenting people’s career transitions from one industry to another, especially to tech. Kehinde always dreamt of being a dancer. But she soon realized that dancing is not an easy career to pursue in Nigeria, especially with bills to pay. So she settled for a career in sales. A … Read More “My Pivot Journal: How Kehinde Olorundare went from sales to strategies” »
Elon Musk’s SpaceX is filing a lawsuit against the US Government, according to a suit filed in Texas on Friday. Space X claims that the government’s administrative case accusing the rocket and satellite company of refusing to hire refugees and asylees violates the Constitution. According to the lawsuit, SpaceX says the Department of Justice administrative judges … Read More “Elon Musk, SpaceX Files Lawsuit Against US Government” »
Capricorn Energy is stripping down its operational profile to focus on Egypt, but bills owed to the company are mounting in the North African state. Following some poor exploration results in Egypt, the company has opted to accelerate the transfer of operatorship to its partner. This will leave it focused on managing production, which is … Read More “Capricorn sharpens Egypt focus, despite receivable woes” »
By Lauren Johnston, senior researcher, South African Institute of International Affairs and Associate Professor at the China Studies Centre, University of Sydney China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa. This led to a model of development finance in which China … Read More “China’s Africa strategy is shifting from extraction to investment” »
An organization representing investment advisors is pushing the SEC to calibrate its regulations so that they don’t pose an outsize burden for small advisors. The Investment Adviser Association has filed a petition with the SEC asking it to amend its definition of a small advisor. Currently, the SEC deems an advisory firm as “small” if … Read More “Investment Adviser Association pushes SEC to calibrate regulations for small advisors” »
Naivasha To Host The Kenya Air Force Commander’s Cup This Weekend. Naivasha To Host The Kenya Air Force Commander’s Cup This Weekend. Picturesque Great Rift Valley Lodge and Golf Resort will play host to the Kenya Air Force Commander’s Cup this weekend. Saturday’s tournament powered by KCB is expected to attract 170 top amateur golfers … Read More “Naivasha To Host The Kenya Air Force Commander’s Cup This Weekend.” »
The Ascent of Personal Services and Recycling Startups in Africa In recent years, the entrepreneurial landscape in Africa has been vibrant and full of promise, a hopeful sign of economic growth and social development. A recent survey by ZenBusiness reveals intriguing patterns in the kinds of startups that are capturing the attention of aspiring business … Read More “A Look at Entrepreneurial Aspirations Across the Continent” »
My Pivot Journal is a Ventures Africa weekly series documenting people’s career transitions from one industry to another, especially to tech. Abayomi Ademola is an energetic and innovative individual who enjoys exploring new opportunities. He ventured into the world of real estate just one year after earning his degree in Agricultural Economics from the Federal … Read More “My Pivot Journal: Abayomi Ademola’s journey from real estate to recycling” »
