Business Insights Africa Magazine

With the help of the International Centre for Local Democracy (ICLD), United Nations Capital Development Fund (UNCDF) and the Swedish International Development Cooperation Agency (SIDA), The town of Luangwa, located in eastern Zambia, has implemented an innovative program to increase revenue collections and economic stability in the face of mounting climate change impacts. According to a detailed report by local...

Goodwell Investments, an impact investing firm fostering inclusive growth in emerging markets is pleased to announce their investment in SOUK Farms, a leading grower and exporter of fresh horticultural produce from Rwanda. Goodwell provided funding through uMunthu II, the impact investor's 150 EUR million fund focused on scalable, early-growth stage businesses in Africa. The investment provides SOUK Farms with a...

The Government is committed to enhancing access to affordable and quality education in the country. President William Ruto said his administration is keen on offering competitive and industry-driven education, aligned with the Government’s economic transformation agenda. He noted that the objective is to deliver a 100 per cent transition to higher education. The Head of State was speaking on Thursday in Konza...

Samsung Electronics has announced the new Galaxy Watch6 and Galaxy Watch6 Classic, designed to help users build healthier habits every day and through the night. Galaxy Watch6 series packs holistic health offerings and powerful performance in a refined and sleek design, boasting a slimmer bezel, a larger and more vibrant display and more interactive user interface. Both models also...

President William Ruto has said the country’s education system will undergo immediate changes. This follows Tuesday’s launch of the report of the Presidential Working Party on Education Reform at State House in Nairobi. He said the new system will inculcate innovation and facilitate learners to explore their talents. “Education is central to our human capital development. That is why the Government is...

More people understand the value of saving money or planning groceries than conserving water. But a new app concept from Prosper Ukachi, who hails from Abuja, Nigeria, could change our perception about looking after water. His work has since been recognised in the Xylem (www.Xylem.com) Ignite Global Student Innovation Challenge. Prosper and his team collaborator, Gabriel Portas from Spain, developed...

As the world marks World Breastfeeding Week, I am calling upon the Nigerian Federal and State governments and employers to take decisive actions to ensure a supportive breastfeeding environment for all working mothers, including those in the formal and informal sector. It is imperative to highlight the significance of breastfeeding for the health and well-being of children, mothers, and society...

The Vice-Chancellor of Mount Kenya University (MKU) in Kenya, Prof. Deogratius JAGANYI, and Mr. Georg Willet, Vice-President of lebenshilfe Tirol in Austria, signed a letter of intent to offer opportunities to graduates of the Bachelor of Science in Nursing (BScN) programs at both Mount Kigali University and MKU. The signing occurred at MKU Union Towers in Nairobi and was attended by...

East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5%, according to the newly published African Development Bank  (www.AfDB.org) 2023 East Africa Economic Outlook. The report, launched on Thursday 27 July, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8% in 2024,...

The merged group consists of an installed and contracted portfolio of 520 MW in solar power generation and 60 MWh of battery storage which, collectively, have led to a carbon offset of more than 360 000 tonnes of CO2; it also has an additional energy pipeline exceeding 2 GW, employs 275 people and operates in seven African countries; the merged group...