By Chisom Michael Africa plays a crucial role in the global oil market, with the continent holding a significant portion of the world’s proven oil reserves. Africa’s oil reserves represent approximately 7.5% of the global total, serving as an essential energy source for both the continent and international markets. The oil industry is a key component of economic growth…
By Richard Ogunsile It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural resources, and a vibrant, youthful population. Yet, despite its immense potential, Africa continues to face significant challenges in its development. It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural…
By Richard Ogunsile It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural resources, and a vibrant, youthful population. Yet, despite its immense potential, Africa continues to face significant challenges in its development. It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural…
Business leaders, technology partners and SAP experts met this week to discuss the role and potential of innovation to power East Africa’s economic development and growth. Hardeep Sound, Regional Sales Director: Emerging Africa at SAP, noted that organisations throughout the region are investing in business transformation and technology for greater efficiency and resilience. “Interest in business AI and cloud…
Business leaders, technology partners and SAP experts met this week to discuss the role and potential of innovation to power East Africa’s economic development and growth. Hardeep Sound, Regional Sales Director: Emerging Africa at SAP, noted that organisations throughout the region are investing in business transformation and technology for greater efficiency and resilience. “Interest in business AI and cloud…
By Luca Vignati Africa is a continent with a growing economy demanding sustainable development for its millions of inhabitants. This is particularly true as it is such a “young continent” in terms of population age. At the same time, the continent is blessed with multiple energy opportunities to fuel this transition phase – from oil to gas to renewables, such…
By Luca Vignati Africa is a continent with a growing economy demanding sustainable development for its millions of inhabitants. This is particularly true as it is such a “young continent” in terms of population age. At the same time, the continent is blessed with multiple energy opportunities to fuel this transition phase – from oil to gas to renewables, such…
THE KIZIMKAZI Festival offers a valuable opportunity for Unguja South Region to enhance its appeal as a leading tourism destination, the Zanzibar authorities believes. President Dr Hussein Ali Mwinyi made this remark at the launch of the 2024 Kizimkazi Festival here yesterday, affirming that it has a role in transforming the economy. The week-long festival plays a significant role…
THE KIZIMKAZI Festival offers a valuable opportunity for Unguja South Region to enhance its appeal as a leading tourism destination, the Zanzibar authorities believes. President Dr Hussein Ali Mwinyi made this remark at the launch of the 2024 Kizimkazi Festival here yesterday, affirming that it has a role in transforming the economy. The week-long festival plays a significant role…
Stay of application and duty remission for industrial inputs are part of measures adopted n 2020 by the EAC The East African Community Secretariat has cautioned the private sector in partner states against frequent requests for stay of application of tax on products that are readily available in the region. Speaking during the Kenya Private Sector Alliance (Kepsa)-EAC Secretary-General…