Edson Baraukwa | Africa Guardian Each year, the Bill & Melinda Gates Foundation allocates around $8.4 billion globally, with plans to increase this to $9 billion in the coming year, making it the largest private philanthropic spender. During Bill Gates’ 2022 visit to Nairobi, he pledged $7 billion to tackle poverty, hunger, and inequality across Africa. This funding supports…
By Charles Muchoki | Africa Guardian For many years, the Philippines has been the go-to destination for business process outsourcing (BPO) due to its skilled, English-speaking workforce, cultural alignment with Western nations, and strong governmental support. However, as companies explore ways to diversify their outsourcing strategies, Africa is quickly emerging as an attractive alternative. Drawing from my experience as…
Africa Surpasses Asia and Europe as Preferred Trade Market By Elizabeth Antidius Shumbusho | Africa Guardian Africa’s intra-continental trade is gaining momentum, driven by easier cross-border transactions, improved quality of locally made goods, and more competitive pricing compared to markets in Asia, the US, and Europe. According to the latest Africa Trade Barometer, African businesses are increasingly opting to…
Africa: Our Distinctiveness is Our Superpower OP|ED Africa’s business landscape is far from predictable, but the opportunities for growth are vast for those who approach the challenges with creativity and resourcefulness. Beyond the continent’s hurdles lies a wealth of inspiration—an expanding consumer base, abundant resources, a robust entrepreneurial ecosystem, and an ever-evolving culture of innovation. The challenge for businesses,…
By Charles Muchoki | Africa Guardian Africa stands at the intersection of a mounting climate crisis and unsustainable debt burdens, necessitating urgent global action. As world leaders convene at COP29 in Baku, discussions about climate finance must include the imperative of debt relief. Without it, even substantial new climate funding risks being undermined, akin to pedaling harder on a…
Measuring Africa’s Green Wealth: Unlocking Natural Capital for Economic Growth By Edson Baraukwa | Africa Guardian Africa holds some of the world’s most significant natural capital reserves, including 40% of global clean energy potential, 65% of uncultivated arable land, 25% of biodiversity, and 20% of tropical rainforests. Despite this abundance, Africa’s natural wealth is undervalued in global economic metrics….
By Elizabeth Antidius Shumbusho | Africa Guardian Spanning an impressive 4,132 miles, the Nile River is the longest in the world, traversing eleven countries across the African continent. From its origins in East Africa to its mouth in Egypt, where it meets the Mediterranean Sea, the Nile has been a lifeline for civilizations for millennia, symbolizing Africa’s history, fertility,…
Our Correspondent | Africa Guardian It’s almost impossible to find a South African adult living in a city or town whose life hasn’t been deeply impacted by access to the internet, data, and digital tools. Whether through personal use or via friends and family, digital connectivity has become a cornerstone of modern life. Yet, it is surprising that one…
By Edson Baraukwa | Africa Guardian United Bank for Africa (UBA) Plc, a leading Pan-African financial institution, is set to establish its second Gulf Region subsidiary in Saudi Arabia, following its successful expansion into the United Arab Emirates in 2022. The new subsidiary, expected to launch within the next year, underscores UBA’s commitment to connecting Africa with the Middle…
Africa Tech Festival 2024: Technology as a Bridge to the Future, Says Alderman James Vos The Africa Tech Festival 2024 concluded on Thursday at the Cape Town International Convention Centre (CTICC), with Alderman James Vos, the City of Cape Town’s mayoral committee member for economic growth, delivering a keynote address. As Africa’s largest tech festival, the event brought together…