During the 2023 IsDB Group Annual Meetings, Mali, Gambia and Djibouti signed agreements with ITFC, which will support key sectors of their economies to create opportunities for economic growth.
The brewing industry behemoth, which recently acquired South African spirits maker Distell, plans to build a new brewery and malt house.
In Africa more than elsewhere, the low banking rate offers promising growth prospects for digital banks that will be able to identify the real needs of populations and adapt to local realities.
According to USAID data, one million people living in northern Ethiopia are close to starvation. In Tigray, 90% of the inhabitants need humanitarian assistance. The international community continues to mobilize to help the country.
With many ongoing development projects in the infrastructure, transport and energy sectors, Tanzania is trying to attract more investors to its economy. An ambition carried by its president, Samia Suluhu Hassan, in office since 2021.
Between 2019 and 2021, companies headed by women raised less funds in Africa. This trend continued, during the first three months of 2022 when they obtained only 1.5% of the $1.8 billion raised by all African start-ups.
According to the Organization for Economic Co-operation and Development (OECD), Africa is the continent where women face the “highest level of discrimination in laws, social norms and practices”. Several initiatives have been put in place to address this problem.
