A digital answer to lack of accounts


Egypt is a country where cash remains king and electronic payments account for a tiny proportion of all transactions. But Ashraf Sabry, founder and chief executive officer of Fawry, the…


Anxiety over Kenya poll re-run hampers business

For Hitesh Mediratta, the prospect of Kenya holding a repeat presidential election this month stirs mixed emotions. The managing partner of PG Bison, a supplier of materials to the furniture…


Lower cost courses attract foreigners from Brics and Africa

  Miatta Momoh believes in miracles. At least that is how the Londoner describes the unlikely way she wound up on the MBA course at Peking University’s Guanghua School of…


Leader’s bold words point to need for decisive action

At a boutique in a cosmopolitan area of Accra, Ghana’s capital, fashion designer Aisha Ayensu is cheerful about prospects in the first year of the country’s new government. The climate…


Leader’s bold words point to need for decisive action

At a boutique in a cosmopolitan area of Accra, Ghana’s capital, fashion designer Aisha Ayensu is cheerful about prospects in the first year of the country’s new government. The climate…


KPMG South Africa chiefs resign over Gupta scandal

The South African scandal engulfing President Jacob Zuma and the billionaire Gupta family spread deeper into the global professional services sector on Friday when eight senior executives were dismissed from…


Safaricom eyes the prize of cross-border ecommerce

Safaricom, Kenya’s main mobile phone operator, is planning cross-border expansion for the first time, into the untapped market for ecommerce and mobile payments, according to its chief executive Bob Collymore.…


LIFE – RWANDA DIARY – LIONEL BARBER

Lean, rifle-toting soldiers patrol the spotless streets of Kigali. Rwanda’s capital is locked and loaded on the eve of Paul Kagame’s inauguration, his third seven-year term as president, having secured…


Globalisation in retreat: capital flows decline since crisis

The global financial crisis that began a decade ago has left plenty of economic and political scars. It also has reshaped the way capital flows around the world. In 2007,…


Steelmakers seek strength through mergers

With its forbidding chimneys belching smoke into the Mediterranean air, the vast Taranto steelworks on the coastline of southern Italy makes an unprepossessing poster image for the long-awaited consolidation of…


Rwandan strongman to extend rule

As President Paul Kagame of Rwanda entered a sports ground on the banks of Lake Kivu waving to supporters from the back of an open-topped vehicle, the packed crowd erupted.…


Why China’s Belt and Road Project is Not a Game-Changer for Trade

China’s emergence from near-autarky to being a giant of the world trading system is a marvel unmatched in recent history. Along with that rise has come a surge of hyperbole…


Acting On Climate Change is Africa’s Opportunity

Acting on the climate remains firmly on the global agenda. It remained a top priority for all but one of the G20 leaders who gathered in Germany this month. That…


Africa’s Hidden Government Debt Burden

Nigeria’s accumulated government debt is just 18.6 per cent of its annual economic output, one of the lowest levels in the world, implying that its debt burden is more than…


Development Frontier

With costs rising in Asia, the East African country wants to be the next low-cost manufacturing hub. But after a wave of violent unrest, its authoritarian government must deal with…


Global Insurers Worry About Cyber Crime Exposure

Loosely written policies and the relentless growth of digital crime and cyber-disasters mean insurers could already be covering significant volumes of cyber risk without realizing it, according to senior industry…


Editorial

Economists, as well as multilateral institutions, have urged the need t...


Agenda

For a country accommodating more than a hundred million peoples, provid...


Fineline

It has been two weeks since Abiy Ahmed (PhD) was co...


Commentary

Refreshingly original, both in form and substance, the emphatic inaugur...


Viewpoint

Ethiopia is at a turning point. With the new Prime Minister in place, t...


Opinion

One of the macroeconomic headaches of Ethiopia is a low domestic revenu...


View From Arada

Development projects are scarce measured on the damage they cause to th...






Business Indicators



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