At a ceremony on Monday to commission the permanent secretariat of the African Continental Free Trade Area (AfCFTA), Ghana’s President Nana Akufo-Addo and Moussa Faki Mahamat, chairperson of the AU Commission, reiterated the importance of the body to the continent’s economic transformation agenda. “The economic integration of Africa will lay strong foundations for an Africa…
Africa’s creative industry is currently steeped in uncertainty. The creative world and artists, whose work thrives on human interaction, have taken a serious hit from the current global health crisis and pandemic. Of course, any crisis carries hidden opportunities, and this is no exception. But time and patience are necessary for these to manifest in…
The rapid advancement of technology and internet penetration has seen regular independent contract work evolve to produce some of the biggest technology companies of our era, making up what is known as the gig economy. The gig economy is described as a free and global market system where organisations and independent workers engage in short-term…
The Great Lockdown will go down in history as an economic depression only comparable to that of the Great Depression, except this time no economists or market commentators saw it coming. Unlike the 2008 subprime mortgage crisis where bells were rung, such as the University of Chicago’s Raghuram Rajan’s paper warning that the financial system…
In Rwanda, at the onset of the pandemic, the empty Kigali Arena stood as a symbol of the country’s abrupt slide from normalcy. President Paul Kagame cut the ribbon to mark the opening of the monumental 10,000 seat arena in August of 2019. “This arena is not just a decoration to be visited on Christmas…
Across the world it is hard to find any aspect of life and industry that has not been affected by the devastating spread of the novel Coronavirus. Across the African continent, over 42 countries have issued varying degrees of lockdown measures thwarting movement and activities to prevent the spread of COVID-19. The healthcare sector is…
Senegal is one of the most politically stable polities in sub-Saharan Africa, primed for investment and growth. Juxtaposed with the neighbourhood, this country is where one could safely bet their fortune upon. Get the whole picture in our exclusive investment profile.
Amadou Gallo Fall graduated magna cum laude from the University of the District of Columbia. While at the university he played centre on the basketball team. After finishing his degree, Fall thrived on other merits such as excellent interpersonal skills to secure his place at the NBA as an administrator. He worked for the Dallas…
If you type Africa in Google Image search, the results will show you silhouetted figures of two giraffes or perhaps an elephant set against a crimson sunset across the savanna: a tired, quintessential Western stereotype that has been misused to sum up the continent’s vast and diverse terrains. For months now the stereotyped, yet majestic,…
Life across the continent has fundamentally changed, possibly for a very long time. In this brand-new world a trip to the grocery store, once so harmless and carefree, now elicits paranoia and distrust. Touching or being too close to someone has become unthinkable. With COVID-19 lurking everywhere, we are keeping our distance. In sectors such…
Caverton Offshore Group, a helicopter company which service mostly Nigeria’s oil exploration activities in the country’s Nigeria Delta region, posted a revenue of $21.2m for the second quarter of 2020. This revenue comes despite the lockdown in the aviation sector which saw many domestic airlines sustaining huge financial losses. But due to the fact that…