Manifesting a Common Currency Before the East African Community Twitter Page refuted the claims, the East African Twitter space was awash with news of the community launching a regional currency, Sheafra. The fake news notwithstanding, the possibility of a common …
By Muoki Musila Accelerating Investment in Africa In conjunction with the World Economic Forum (WEF), the African Continental Free Trade Area (AfCFTA) agreement has developed a forward-looking Action Plan to engage the private sector for transformative investment in four key …
By Muoki Musila A Bitter Pill to Swallow The COVID-19 vaccine gap exposed both opportunities and challenges for pharma in African countries with unpreparedness being a bitter pill to swallow for most nations and the private sector. This perhaps underlines …
By Muoki Musila Digital Financial Services Start-ups The African Union Commission entered into a partnership with AfricaNenda to support an advocacy program in support of the Digital Transformation Strategy for Africa (2020-2030) which is seen as a gateway to …
By Muoki Musila Accelerating Trade Goods Mobility Kenya Airways has expanded its operations along a new cargo flight between Sharjan in the United Kingdom Emirates and Somalia’s Mogadishu with plans to serve Dubai, Jeddah, Riyadh, Dakar, Lagos, N’Djamena, Mumbai, …
By Musila Muoki Revamping Africa’s Mobility There has been a growing talk about Kenya’s efforts to revamp its automobile sector and enhance its standing in the African market with multiple deals signed for foreign investment. On a Tour in Japan, …
Kicking out Foreigners In the draft Microfinance Regulations of 2024, the Bank of Tanzania (BoT) has elected to bar the employment of non-Tanzanians in its microfinance service sector. In a move targeting non-deposit-taking microfinance service providers and geared at taming …
Sowing for Domestic Food Security The action plan to accelerate global business and investment in Africa, developed by the World Food Program in collaboration with the African Continental Free Trade Area (AfCFTA) cited agriculture and agro-processing as a critical sector. …
Cat and Mouse Games Kenya and Tanzania are members and primary founders of the East African Community. More than once, the two countries have banned or restricted imports or exports from one another, often as a reciprocation of specific restrictions. …
Investment in Africa Action Plan At this year’s Africa Property Dialogue held in Ghana, the AfCFTA secretary-general shared Africa’s economic renaissance under the framework with an expected 4% growth in 2024. This underlines a crucial starting point towards the realization …