World Bank projects an impressive 8.0% growth for SENEGAL in 2023
The World Bank projects an impressive 2023 for Senegal’s economy, thanks to a thriving oil and gas industry. “After slowing to 4.8% in 2022, growth in Senegal is projected to jump to 8.0% in 2023 and firm…
New Chinese foreign minister heads to Africa for first trip
China’s new foreign minister Qin Gang is starting his term with a weeklong trip to five African countries, its foreign ministry announced. Qin, who until recently was ambassador to the United…
A CALL to ACTION! Building downstream capacity for critical minerals in Africa
Demand for critical minerals—bauxite, cobalt, copper, lithium, nickel, and other minerals that underpin solar, wind, geothermal, and other forms of renewable energy and electric vehicles—is already booming and is projected to continue to grow at a rapid pace. Africa’s mineral-rich developing…
President Ruto’s message to investors: Kenya will NOT default on its debt PAYMENTS
Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto's government, which took over in September, has pledged to curb expensive…
AFRICA: The BEST and WORST performing indexes of 2022 – Zambia (BEST) Kenya (WORST)
The atmosphere is not particularly carefree or relaxed on stock markets, in the traditionally quiet week between Christmas and New Year's Eve. Investors did not get their end of year rally, perhaps because…
Mukumbuta leads the way in securing WSO sustainability certification
When President Hakainde Hichilema of Zambia was making pronouncements of how he wanted his country to adopt the sustainability path, little did I know that I was soon to meet…
World largest oil firm Aramco enters Africa through $2.65 billion buyout deal – what you should know
Saudi Aramco, the world’s biggest oil producer, is set to enter the Kenyan market through the acquisition of US motor oil and lubricants group Valvoline which has a presence locally. The Competition…
Kenya taps the earth’s heat
Kenya boasts the largest solar and wind projects in Africa. Now it’s developing the world’s largest geothermal plant. The country’s geothermal industry has the potential to power much of the country. For many visitors, Hell’s Gate National Park…
Celebrate Christmas with the Masaka Kids
The Masaka Kids Africana is composed of African children, from the age of 2 and up. Many have lost one or both parents through the devastation of war, famine and disease. They represent all the children of…
Africa could make €1 TRILLION of Green Hydrogen a YEAR, EIB Says
Africa has the potential to produce €1 trillion ($1.06 trillion) worth of green hydrogen a year by 2035, allowing it to export the fuel and boost local industry, according to a study backed by the European…
