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Tag: Business

Africa Business South Africa World 

Opinion: Understanding South Africa’s Energy Crisis

Elwin Mandowa, , , , , , ,
Witnessing the far-reaching effects of South Africa’s continuing power cuts has been tremendously disheartening. The frequent and extended power outages taking place have left businesses in Africa’s most industrialized country struggling to function. Manufacturing is suffering. The national economy is taking a hit. The prolonged darkness is emboldening thieves and pushing crime rates up. And as state-owned utility Eskom spends… Read More
Africa Business Cameroon West Africa World 

Equatorial Guinea and Cameroon sign deal on cross-border cooperation

Elwin Mandowa, , , , , ,
Presidents of Equatorial Guinea and Cameroon have signed a bilateral treaty that would see the two West African countries cooperate on cross-border oil and gas development and monetization. The agreement was signed during the heads of state summit of the Economic and Monetary Community of Central Africa (CEMAC) countries held in Cameroon last week and is set to bring with it new… Read More
Africa Business West Africa World 

Ghana: Savings and loans scheme economically empowers rural women

Elwin Mandowa, , , , , , , ,
In her early thirties, Zainab Amadu for the past two years has been running a beads making business in Kenyase, Ghana’s Ahafo region. She also operates a mobile money transfer business, multiplying her source of livelihood. Initially though Zainab struggled to put herself to work due to lack of access to capital. The banks won’t give her loan since she… Read More
Africa Business World 

Financial Education the Key for Growth in Africa

Elwin Mandowa, , , , ,
Africa is a rapidly growing region with a lot of potential to be a major contributor to the world in many industries. However, the region has lagged for many years, with African leaders facing many challenges when it comes to creating stable and productive economies. One area that could help boost the growth rate of African countries is increased financial… Read More
Africa Business World 

Cassava Network signs MOU with Pan-Atlantic University on blockchain education

Elwin Mandowa, , , , ,
Cassava Network today announced a partnership with Lagos-based Pan-Atlantic University (PAU) to offer students a Web3 training programme. The groundbreaking union will include joint research, community initiatives, and an introduction to Web3 in business. In collaboration with EMURGO Africa, a regional venture arm of Cardano blockchain founding entity EMURGO, Cassava Network has announced a memorandum of understanding (MOU) with PAU… Read More
Africa Business Ghana West Africa World 

Blue Skies unveils solutions to tackle plastic pollution in Ghana

Elwin Mandowa, , , , , , , ,
There is a huge demand for the use of plastic for production and all kinds of human activity in Ghana. That rapid rise in demand and usage has led to the country producing about 1.1 million tons of plastic waste per year. Only about 10% of that what is produced is being collected for recycling. Over 2,000 waste pickers are… Read More
Africa Business South Africa Southern Africa World 

Multichoice and Comcast to create streaming service in Africa

Elwin Mandowa, , , , , , , , , ,
Africa’s biggest pay TV company, MultiChoice Group has said on Thursday that it has entered into an agreement with U.S.-based media conglomerate Comcast to create a pan-Africa video streaming platform. The new streaming service, which will be built on MultiChoice’s streaming platform Showmax, will be 70% owned by the company, it said. As part of the partnership MultiChoice will relaunch… Read More
Africa Business World 

AfCFTA rollout and climate finance must dominate AU Summit Agenda

Elwin Mandowa, , , , , , , ,
The leaders of the 55 member states of the African Union (AU) will be meeting for their 36th ordinary session of the AU Assembly on 18 and 19 February 2023 in Addis Ababa, Ethiopia. 60 years after the birth of the Organisation of African Unity, over 20 years of the AU and 40 years before 2063, this meeting serves as… Read More
Africa Business Ghana West Africa World 

Tullow Oil seeks international arbitration on tax dispute with Ghana

Elwin Mandowa, , , , , , ,
Tullow Oil has filed for arbitration in London over two tax bills amounting to $387 million which it’s unit in Ghana had received from local authorities. The company made this public in a statement on Tuesday. The two tax charges which Tullow disputes relate to a period from 2010 to 2020 and are in addition to taxes it has already… Read More
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