insert_link Africa African countries start business classification to shore up green investment By Conrad Onyango, bird story agency Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […] today17 April, 2024
insert_link Africa Impact of AI, hybrid work top HR challenges in 2024 Navigating the impact of artificial intelligence and hybrid work models will be the top challenges affecting the role of HR professionals in 2024. These were the main points emerging from the HR Connect event held today, hosted by SAP at the Maslow Hotel in Johannesburg. Kholiwe Makhohliso, Managing Director for Southern Africa at SAP, says business and HR leaders are grappling with the complexities of a new […] today17 April, 2024
insert_link Africa Africa’s millionaire population expected to increase by 65% There is USD 2.5 trillion in total investable wealth currently held on the African continent, and its millionaire population is set to rise by 65% over the next 10 years. This is according to the 2024 Africa Wealth Report, published by Henley & Partners and wealth intelligence company New World Wealth. In its 9th edition, the latest report reveals that there are currently 135,200 high-net-worth individuals with a liquid investable […] today16 April, 2024
insert_link Africa Ethiopia looks to the Singapore model to lure startups in sweeping new reforms By Seth Onyango, bird story agency Ethiopia has unveiled sweeping reforms to support a burgeoning startup industry and turn the country into a leading incubator of entrepreneurs. Notable changes include slashing a 30% capital-gains tax on the transfer and issuance of shares, according to Brook Taye, Director-General of the Ethiopian Capital Market Authority. The move, combined with an allowance for startups to retain all foreign currency […] today16 April, 2024
insert_link Africa bird TenX: African countries with the highest number of EVs By Bonface Orucho, bird story agency Despite recent headwinds, a growing shift from gasoline-powered vehicles to electric vehicles continues apace in Africa. Last year, the global sale of fully electric and plug-in hybrid vehicles rose by 31% compared to 2022, according to a 2024 report by market research firm Rho Motion. Despite the high cost of conversion and a lack of adequate enabling infrastructure such as […] today16 April, 2024
insert_link Africa Tanzanians go to the polls in 2025: President Samia has changed the landscape, but Magufuli’s legacy persists By Nicodemus Minde, United States International University It’s been three years since the death of Tanzania’s president John Magufuli and the rise to power of current president Samia Suluhu Hassan. Magufuli was Tanzania’s fifth president. He came to power in 2015 and was re-elected in 2020 in a poll that was marred by controversy. Magufuli brought lasting changes to Tanzania’s political landscape during his six-year tenure. His […] today16 April, 2024
insert_link Africa Beyond images of war: Sammy Baloji’s work captures DR Congo’s vibrant arts and culture, challenging western views By Pierre-Philippe Fraiture, University of Warwick The Democratic Republic of Congo (DRC) is all too often associated with violent conflict, at the expense of its positive aspects. Reports on this huge country, the second largest in Africa after Algeria, and nearly twice the size of South Africa, tend to overlook its intellectual and artistic vibrancy. My research has focused on this part of the continent. This […] today16 April, 2024
insert_link Africa New e-mobility policies are pushing EV fleet expansions in Africa By Bonface Orucho, bird story agency African countries are welcoming a new era of more robust e-mobility policies as countries seek to scale their electric vehicle (EV) fleets after successful tests and pilots. According to Lusanda Madikizela, the head of Zero Emission Transport at C40 Cities in South Africa, better policies provide confidence for investors, manufacturers and operators. “Manufacturers need policy certainty so they can adjust specifications... financiers […] today16 April, 2024
insert_link Africa EU calls for resolution to Sudan crisis The EU foreign policy chief Josep Borrell says the Sudan conflict "has triggered the worst humanitarian crisis in the world" and "we must put an end to this man-made disaster." today15 April, 2024
