Zanzibar City// – Zanzibar’s tourism growth is accelerating at a pace that is now reshaping the island’s investment landscape, with official data showing demand is beginning to outstrip the breadth of experiences available to visitors beyond hotels and beaches.
Category: Investing
Ghana Sets Ambitious Target to Build Foreign Reserves Beyond $20bn by 2029
President John Dramani Mahama has announced that Ghana aims to increase its foreign reserves beyond $20 billion by 2029, signalling a major step toward economic stability and resilience.
JP Morgan Upgrades Afreximbank Bonds, Citing Improved Value and Strong Fundamentals
Investment bank JPMorgan Chase has upgraded its view on African Export-Import Bank (Afreximbank), moving its recommendation from underweight to overweight after recent market repricing made the securities more attractive relative to peers, according to a report cited by Reuters.
ITFC Strengthens Partnership with Djibouti through $35 Million Financing Facility
Saudi Arabia//=The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.
Africa Forex Trading Expo 2026 Set to Transform Kenya’s Growing Forex Sector
Nairobi, Kenya// – Azelia Expo Ltd has announced the Africa Forex Trading Expo 2026, a first-of-its-kind event, with Empire FX confirmed as Main Sponsor, bringing together forex traders, brokers, fintech innovators, Payment Service Providers (PSPs), Crypto Exchanges, and financial educators from across Africa and beyond.
EU4Innovation East Launches €1 Million Grant Program to Boost Moldova’s Startup Ecosystem
Republic of Moldova – EU4Innovation East has officially launched a new Call for Project Proposals in Moldova, allocating €1,000,000 to strengthen the country’s startup ecosystem through incubation, acceleration, talent development and investment readiness programmes.
Village Enterprise Appoints Sazini Mojapelo as its First Africa-based CEO
Nairobi, Kenya/ — The Board of Directors at Village Enterprise has announced the appointment of Sazini Mojapelo as its next Chief Executive Officer.
Dollar Supremacy Cracking as Investors Seek Escape
The dollar’s supremacy is cracking, and markets are building an escape route, warns the CEO of one of the world’s largest independent financial advisory organisations.
Tony Elumelu Foundation Opens 2026 Entrepreneurship Programme
Lagos, Nigeria – The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Programme, calling ambitious young founders from all 54 African countries to apply now on TEFConnect.
What President Mahama Said at Davos Convening on Accra Reset
Davos, Switzerland//-Ghana’s President John Dramani Mahama has called on African countries to invest boldly in skills, industrial capacity and unity, warning that the continent risks underdevelopment in a fast-changing global economy if it fails to act decisively.











