A 16 per cent increase in women-held elective seats was one of the successes of Kenya’s 2022 General Election. But for many women aspirants, old practices and norms continued to undermine their campaigns. The contrast between progress and such norms were on full display in Kenya’s coastal region.
“The next time you speak to me, it will be in the...
Women drive trade in least developed countries (LDCs), with many running small businesses across borders. But they face security risks and significant constraints in accessing productive and financial resources.
To help more women in these countries benefit from trade, UNCTAD trains policymakers on how to design and implement policies that tackle gender inequalities. It also trains academicians and representatives of...
“Our current challenge is to get Heads of State to adopt a joint, green hydrogen policy by the end of this year,” said Francis Sempore, Executive Director of the ECOWAS Centre for Renewable Energy and Energy Efficiency Monday 27 February 2023 in Niamey (Niger).
“Green hydrogen in West Africa may sound utopian now, but so did the ECOWAS leaders’...
Samsung Electronics Co., Ltd., today announced the global availability of its industry-leading Galaxy S23 smartphones following impressive preorder results.
Preorders for the previous year’s Galaxy S22 series had already been a great success, with numbers more than double that of the Galaxy S21 series within the first week. This year, preorder results were even higher than those of the Galaxy...
African economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank (http://www.AfDB.org) has projected in a new report.
The report, Africa’s Macroeconomic Performance and Outlook (MEO) 2023 (https://apo-opa.info/40FddSu), estimates Africa’s average GDP to stabilize at 4% in the next two years, up from 3.8% in 2022.
Presenting the report on 17 February...
Kaspersky’s (www.Kaspersky.co.za) anti-phishing system prevented more than 500 million attempts at accessing fraudulent websites globally in 2022. This is twice more compared to 2021 figures. In Africa, 8.7% of individuals and corporate users were affected by phishing: attacks on their devices were detected and stopped. In South Africa, the share of users affected by phishing stands at 9.7%, followed...
Africa’s largest payment gateway, MFS Africa, has partnered with Western Union to enable individuals and businesses across the continent to receive money from over 200 countries and territories.
The partnership will enable funds to be sent from countries around the world to mobile wallets across Africa through the organization’s licensed payment rails. The service will first launch in...
Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, signed a US$ 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDBIB, Sri Lanka, was the Financial Advisor for the transaction.
Based at the Export Processing Zone, Athi...
Tata Chemicals Magadi has expressed confidence and optimism in the future of its business in Kenya, anchored on innovative and climate-smart solutions.
The Company expressed its confidence in the Kenyan economy where its turnaround efforts have paid off with transformation to a competitive operation.
The Company in the meanwhile has also been working to long-term sustainability of the lake...
Local non-bank finance solutions provider, Sanlam Kenya, has committed to improving the infrastructure facilities in three schools located in Kitui and Nyeri counties, improving the learning environment for over 700 students.
Kalatine Primary School and Kakululo Secondary School in Mwingi, Kitui County and Birisha Primary School in Mweiga, Nyeri County will receive infrastructure support to the tune of Ksh21.1 million.
The...
