Zambian and Kenyan currencies are seen facing pressure this week as those of Nigeria, Uganda and Tanzania hold steady.
ZAMBIA
The kwacha is expected to remain under pressure against the US dollar this week due to declining supply of hard currency.
On Thursday, commercial banks quoted the currency in Zambia, Africa’s...
The President, Nana Addo Dankwa Akufo-Addo, is set to open and handover the African Continental Free Trade Area (AfCFTA) Secretariat Building to the African Union Commission (AUC), in Accra, on Monday.
The AfCFTA Secretariat will administer the free trade agreement creating a 'Single Market' for 55 African countries. The combined...
The following article by Rukayatu Sanusi was written for Kina Advisory’s ‘Step Up, Scale Up, Scale Out’© campaign. The campaign is founded on the belief that African companies – those born and bred on the continent – have the potential to step up, scale up and scale out, both within...
The United States Government, through the U.S. Agency for International Development (USAID), and the Global Shea Alliance (GSA) launched the Action for Shea Parklands (ASP) initiative.
Spearheaded by GSA, this initiative seeks to promote, plant, and protect the shea parklands while advancing a shea industry commitment to plant ten million...
As various countries contend with a second wave of COVID-19 outbreaks, many emerging markets are pinning their hopes on a vaccine that will allow them to confidently reopen their economies without the fear of health services being overwhelmed.
With 20m people infected globally and 735,000 virus-related deaths as of August 10, it...
For more than 50 years, Loiman Letolo, 70, has peddled her colourful beaded necklaces and bracelets to safari-goers at the entrance gates to Kenya’s Maasai Mara National Reserve.
As the annual “Great Migration” of millions of wildebeest, zebras and gazelles into the Mara’s vast savannah gets underway, Letolo would normally...
The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for two transactions processed under its Intra-African Trade Initiative.
Afreximbank was recognized for its leading role in the $737 million bundle of guarantee facilities granted to Elsewedy Electric Group and The Arab Contractors for the construction of...
Today, August 6, women-led B2B Enterprise Development Agency, ScaleUp Africa, will virtually host its inaugural Pan-African Business Festival- ‘IGNITE’ set to promote access to enterprise growth resources for entrepreneurs of African Descent, globally.
The festival is poised to nurture closer economic ties and opportunities for youth and women-led small businesses...
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
In a unique move to build the digital capacities of job seekers, the Ghanaian-German Centre for Jobs, Migration and Reintegration (GGC), in collaboration with the Ministry of Employment and Labour Relations, has launched another flagship programme - ICT Skills Training for Students and Job Seekers.
This programme is expected to...