Category archives for: Investing

WEF Partners Ghana to Launch First Country Financing Roadmap

Accra, Ghana, August 6, 2020//-The World Economic Forum ((WEF) is partnering with the Government of Ghana to launch the first Country Financing Roadmap (CFR) initiative in Africa.

MacKenzie Scott Invests in Deworming Innovation Fund

New York, USA, August 6, 2020,-/African Media Agency (AMA)/- MacKenzie Scott, philanthropist and novelist, recently announced that she will be supporting the work of select global organizations driving transformational social change.

How Funding Gaps Force African Startups To Become ‘Foreign Local Firms’

August 6, 2020//-Flutterwave, Tala, Paga, Paystack, Hotels.ng, Syncommerce, Breadfast, Andela, Branch, Hourspent, Truzo, Jumia, and perhaps many more. 

200 Countries to Meet in Barbados to Chart New Path for Economic Recovery

Geneva, Switzerland,  August 2020// – UNCTAD’s 15th quadrennial ministerial conference (UNCTAD15) to be held in Bridgetown, Barbados from 25 to 30 April 2021 will present the world with the first opportunity to align the sustainable development agenda with global efforts to recover from the COVID-19 pandemic.

Nigeria: Heirs Holdings Appoints New Group Executive Director

Lagos, Nigeria, August 5, 2020//– Pan-African investment company, Heirs Holdings (HH) has appointed Dan Okeke as Group Executive Director, effective 1st August 2020.

Trade Deficit Narrows by 20% On Reduced Imports

August 5, 2020//-Kenya’s half-year trade deficit fell by 20 percent in the first half of the year compared to the corresponding period in 2019 on the back of a lower import bill and higher export receipts.

Shoprite to Discontinue All or Some of its Operations in Nigeria

Lagos, Nigeria, August 3, 2020//-Shoprite is the latest company to announce plans to exit Nigeria.

Research: COVID-19 Forced Businesses in Ghana to Lay Off About 42,000 Workers

Accra, Ghana, August 3, 2020 – 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.

Why the African Free Trade Area Could be the Game-changer for the Continent’s Economies

African leaders have their work cut out to make the continental free trade area a success. Wikimedia Commons Muazu Ibrahim, University for Development Studies August 3, 2020//-Most economists see structural transformation as one of the main routes to Africa’s sustainable development.

China-Africa Relations Enter New Era As Easy Money Dries Up

August 1, 2020//-China has lent over $150bn to African countries in nearly two decades, but as concerns mount over repayment, the nature of the China-Africa relationship is set to change for good, writes David Thomas 

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