The 2019 African Economic Conference (AEC) opened in the Egyptian resort city of Sharm El Sheikh on Monday with a call on African policymakers to take bold steps to tackle red-tape and high startup costs in order to create decent and well-paying jobs for the continent’s youth
Finance
Coca-Cola CEO defines Africa as company’s future growth driver
The Global CEO and chairman of the Coca-Cola James Quincey culminated a tour to Africa last week with an aim to explore the vast opportunity that the continent presents in driving it’s growth strategy over the next decade
Blue economy can be a site of economic production, says ECA
The blue economy, the sustainable use of ocean resources for economic growth, in Africa has the potential to be a site of economic production, linking small, medium and big production firms to promote poverty alleviation, equality and better living standards for the people, according to the Economic Commission for Africa (ECA) director for Southern Africa (SRO SA) Said Adejumobi
KfW and NamPost to support Namibia’s SMEs and households
NamPost and KfW Development Bank have signed an agreement for a concessional loan of US$22.11mn to provide micro-loans to micro, small and medium-sized companies and households in rural and remote areas via NamPost subsidiary PostFin
HIMOINSA consolidates its growth in Africa and Middle East
More than 30 companies from 16 different countries have gathered at the HIMOINSA Africa and Middle East Distributors Convention that showcased the latest product innovations and analysed trends in that market