World Economic Forum

Prosus Group eyes artificial intelligence to revolutionise e-commerce

World Economic Forum in Davos, Switzerland 2025 As world leaders and business entrepreneurs meet in Davos, Switzerland for the 2025 Annual Meeting of the World Economic Forum, global decision-makers are gathered under the theme “Collaboration for the Intelligent Age.” From 20-24 January 2025, the event will bring together nearly 3,000 participants from over 130 countries, including more than 1,600 business leaders, 900 top CEOs, and over 350 governmental […]

22 January, 2025 39

South Africa

S.A President says his country will focus its G20 Presidency on solidarity

S.A President Cyril Ramaphosa says South Africa will focus its G20 Presidency on solidarity, equality, and sustainable development adding that the G20 is important in shaping and strengthening global architecture and governance on major international economic issues. In his address at the World Economic Forum in Davos, Switzerland, Ramaphosa, says it is important to foster cooperation to deal with the challenges the world faces:

22 January, 2025 23

South Africa

South Africa Aims to Regain Investment-Grade Credit Rating in Two Years

South Africa's Finance minister Enoch Godongwana says the country could be able to regain its investment-grade credit rating within two years. The country obtained a full house of junk ratings in 2020, when Moody's Ratings downgraded its debt assessment, leaving it without an investment-grade evaluation for the first time in 25 years. In an interview with the SABC at the World Economic Forum in Davos, Godongwana says the government […]

21 January, 2025 37

South Africa

S.A. Trade Minister Says Davos Meeting to Showcase South Africa’s Economic Progress

S.A's Minister of Trade, Industry, and Competition, Parks Tau, says the World Economic Forum Annual Meeting will be a platform for South Africa to show that it addresses the challenges facing the economy and the country. He says the importance of attending the WEF meeting cannot be underestimated in the face of South Africa’s ambitions to prop itself up as an investment destination of choice:

17 January, 2025 29

Local

NAMIBIA MAINTAINS TOP SPOT OF BEST QUALITY ROADS IN AFRICA

Windhoek, Namibia – The Roads Authority (RA) proudly announces that, according to a survey conducted by Statista, Namibia has the best quality road infrastructure in Africa for 2024. The country achieved an index rating of 5.57 on a scale from 1 (lowest) to 7 (highest), surpassing Egypt (5.53) and Benin (5.00), which ranked second and third, respectively. This prestigious accolade reaffirms the Government of the Republic of Namibia’s ongoing commitment […]

20 November, 2024 48

Africa

Africa Collective Expands Davos 2025 Agenda with Afreximbank

Africa Collective, with support from Afreximbank and the AfCFTA Secretariat, will host expanded Africa-focused events during Davos 2025. The program, running from January 20 to 24 alongside the World Economic Forum, will include new sessions and partner spaces to promote African economic and investment priorities. Lead partners Novartis and Standard Bank, along with supporting partners Old Mutual and Ventures Platform, are backing the initiative.

6 November, 2024 46

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Lifestyle

Tourism is back to pre-pandemic levels, but challenges remain

International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today. Topping the 2024 list of economies are the United States, Spain, Japan, France and Australia, while Europe, Africa, and the Americas all showed […]

21 May, 2024 37 1

Africa

UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem

In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […]

21 February, 2024 201

Africa

Davos: Global economists see bright spots in Africa growth prospects

By Conrad Onyango, bird story agency Top economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority […]

19 January, 2024 34