Features | - Part 4

AFDB Optimistic about Economic Prospects for Southern Africa

ABIDJAN (Capital Markets in Africa) — The Southern Africa region’s investment opportunities and prospects for economic growth are encouraging despite recent headwinds of a global pandemic and food crisis, the African Development Bank’s (www.AfDB.org) Senior Vice President Swazi Tshabalala has said. Tshabalala attended the 42nd Ordinary Summit of Heads of State and Government of the Southern African Development Community (SADC) which closed in the Democratic Republic of Congo’s capital, Kinshasa last week. She was accompanied…

Use 1Stream’s CRM with Built-In Voice Capabilities to Meet All Your Business Needs

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A fully integrated CRM is essential to ensure that your sales, service and marketing teams can work hand-in-hand to deliver an excellent customer experience. 1Stream’s innovative all-in-one CRM solution is specifically designed to manage customer service and drive sales from one centralised, omni-channel platform, with built-in voice capabilities. Here are 4 benefits 1Stream’s CRM solution can provide for your organisation: Everything operates off one platform 1Stream’s CRM solution securely stores all information about your customer – including every sale,…

Why East Africa’s Facing Its Worst Famine in Decades: QuickTake

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NAIROBI (Capital Markets in Africa) – A humanitarian disaster is unfolding in East Africa, which is in the grip of its worst drought in at least four decades. More than 80 million people across Somalia, Ethiopia, Kenya, Sudan, South Sudan, Uganda and Djibouti are food insecure, and almost half of them are having to sell their possessions in order to eat, according to the World Health Organization. With forecasters seeing a high risk of rains…

Africa can learn from the Indian rebound – Cheryl Buss, CEO Absa International

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LAGOS (Capital Markets in Africa) -The Indian response to the COVID-19 pandemic could serve as a blueprint for economic recovery for the African continent. While there is a major focus on the Chinese expansion into Africa, there is often less appreciation of the importance India plays in Africa. Countries like Nigeria, Mozambique, Ghana and Tanzania all count India as their single biggest export trading partner while South Africa is India’s largest trade market on the…

Odinga Rejects Kenya Election Outcome, Plans Legal Challenge (2)

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NAIROBI (Capital Markets in Africa) – Former Kenyan Prime Minister Raila Odinga, who narrowly lost last week’s presidential elections, rejected the official results, setting the stage for a protracted battle over control of East Africa’s biggest economy. Odinga, 77, secured 48.9% of the valid votes cast on Aug. 9 — his fifth unsuccessful run at the presidency. Deputy President William Ruto was declared the winner with 50.5% support. “We reject the presidential results,” Odinga told a televised…

Senegal faces key technology decisions in its search for the optimal gas-to-power strategy – Joonatan Huhdanmäki, Senior Analyst, Energy, Wärtsilä

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DAKAR (Capital Markets in Africa) – On the back of its recent and substantial oil and gas discoveries, Senegal is now preparing to ensure that its vast natural gas resources will help meet future electricity demand and put an end to the excessive electricity prices undermining its economy. Senegal’s domestic gas reserves will be mainly used to produce electricity. Authorities expect that domestic gas infrastructure projects will come online between 2025 and 2026, provided there is…

Nominations Open for 2023 IsDB Prize for Impactful Achievement in Islamic Economics

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LAGOS (Capital Markets in Africa) — The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) is inviting nominations for the IsDB Prize for Impactful Achievement in Islamic Economics for the year 1444H (2023). Focusing on the Development Solutions Achievement category, this cycle of the Prize aims to recognize, reward, and encourage creative projects that successfully solve economic and financial challenges in the IsDB Member Countries. Individuals and institutions can apply or nominate other individuals and institutions based on…

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