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Tag Archives: africa

Harnessing SACCOs for insurance expansion

Africa has a combined SACCO membership of more than 43 million, holding about USD 24.5 billion in assets Kampala, Uganda | ISAAC KHISA | In an ever-evolving financial landscape, Savings and Credit Cooperative Societies (SACCOs) are emerging as impactful entities, harnessing influence grounded in community trust and convenience to bring about …

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UNDP, African leaders launch Timbuktoo Initiative

The one-billion dollar fund aims to support the African startup ecosystem ANALYSIS | AGENCIES | The United Nations Development Programme (UNDP) launched on Jan.17 the bold and ambitious “timbuktoo” initiative together with African countries. In a special session of the World Economic Forum at its 24th Annual Meeting in Davos, Switzerland, …

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Airtel Africa CEO to retire

Kampala, Uganda | THE INDEPENDENT | Airtel Africa plc has announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from July 1, 2024. Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications and Mobile Money Company for nine years before he was …

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Africa Pharma gets shot in the arm

Host country agreement singed as Pharmaceutical Technology Foundation gets underway ANALYSIS | AGENCIES | Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly on Dec. 18 as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for …

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Top 10 Tallest buildings in Africa

SPECIAL REPORT | BIRD AGENCY | Africa’s city ecosystem is attracting billions of dollars in new projects, making them home to some of the world’s glitziest and tallest buildings. 1. The Iconic Tower, Egypt With its towering height of 385m (1266ft), the Iconic Tower is a masterpiece of contemporary architecture. …

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Banks respond to rising mass affluence in Africa

Demand for goods and services expected to surge as continent’s middle class spend hits US$2.5 trillion by 2030 COMMENT | MARGARET SOI | The purchasing power of Africa’s middle class is expected to grow significantly in the coming years: the continent’s middle class is expected to spend US$2.1 trillion by …

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