Wednesday, July 18, 2018

Investing In Women: What Do African Female Entrepreneurs Need?

Private equity financing is not easy to come by, even in a market as hot as Africa. The competition for funding is fierce, and...

Money Transfer Agents Brace For Possible Fallout From Proposed US Remittance Tax

Money transfer agencies in Jamaica are bracing for a possible fallout if a proposed tax on remittances from the United States takes effect. Acting general...

Is Zimbabwe Any Good For Business? 150 Companies Say No

In 2014, 150 companies in Zimbabwe were placed under curatorship and  leaving nearly 4,000 workers without jobs as the country’s economy suffered from post sanction...
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‘This Is Not Charity’: $9B In New Commitments At U.S-Africa Business Forum

New deals and commitments worth more than $9 billion in trade and investment with Africa were announced at the U.S-Africa Business Forum in New York, U.S. President...

The US dollar is exploding at a probably unprecedented rate

Steven Englander Citi global head of G10 foreign exchange Steven Englander blasted out an email on Friday observing that the current rise in the...

Low-income workers send 75% of remittances

Many workers Musa in the UAE who earn small but manage to save big M. Kaliyul Rahman is a waiter at an Indian restaurant in...

Desert Locust outbreak in Yemen leaves surrounding countries potentially at risk

The presence of recently discovered Desert Locust infestations in Yemen, where conflict is severely hampering control operations, poses a potential threat to crops in...

Ethiopian Airlines to Buy 15 to 20 Boeing 777X Jetliners, CEO Says

Carrier also considered Airbus’s A350-1000 widebody but deemed Boeing plane better suited its operations Ethiopian Airlines plans to place an order for Boeing Co. 777X...

Uhuru says political stability in EA anchor for economic growth as he meets Dahabshiil...

President Uhuru believes political stability in East Africa will lead to fast economic growth of the region. Speaking on the sidelines after the inauguration of...

Chinese restaurant owner in Kenya arrested after ‘No Africans’ uproar

he owner of a Chinese restaurant in Nairobi, Kenya has been arrested following an uproar over its policy of banning African customers at night,...

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Somaliland FM Refutes A Number of Allegations Against His Office, Foreign Aid

Dr. Saad Ali Shire, Minister for Foreign Affairs and International Relations of the Republic of Somaliland, defended his country of a number of acerbic...

Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

Kenya’s telco giant Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighbouring Ethiopia, a market...

Are Somaliland, Puntland ready for war over land?

Somaliland and Puntland’s dispute over land stretching from the Gulf of Aden to the Ethiopian border risks escalating into open war. The self-declared republic of...