Angola gets $165m for diversification

The Board of Directors of the African Development Bank Group has approved a $165-million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability. The Angolan government...

ICT infrastructure a barrier to data centre adoption in Africa

To help Africa realise the benefits of the data economy, more data centres in the region are urgent-ly needed. However, building data centres starts with enabling access to the ICT infrastructure and ecosystems, and there are several barriers Africa faces. All of the...

Africa’s informal sector can no longer be ignored

The International Monetary Fund estimates that the informal sector contributes approximately 38% of sub-Saharan Africa’s GDP. Additionally, the International Labour Organisation has determined that it accounts for about 72% of total employment in the region,...

Standard Bank to match 90 African clients with China exporters

Standard Bank will host over 90 clients from six African countries at its networking activities, in partnership with the Industrial and Commercial Bank of China (ICBC), at the China International Import Expo (CIIE) from 5-10 November in Shanghai. The CIIE, now in its...

New initiative aims to equip Ethiopian youth

More than 10-million young people are expected to access dignified and fulfilling work opportunities in Ethiopia by 2030. This follows the launch of the Young Africa Works in Ethiopia initiative by Mastercard Foundation, that will seek to create employment...

Workonline launches Remote Cloud Connect in Africa

Global network service provider Workonline Communications has launched Remote Cloud Connect, facilitating access to cloud services for Workonline customers over a dedicated Ethernet Virtual Private Line (EVPL) service. This low latency cloud solution enables customers...