Features | - Part 5

Ox Delivers: An interview with one of AFSIC’s many Success Stories

OX Delivers is an on-demand logistics company bridging the gap of Transport Poverty in Africa. With a strong focus on African rural emerging markets, OX uses clean, reliable, and affordable transport to help customers get their goods to market. The use of clean-transport electric trucks ensures OX is having a positive environmental impact as well as an economic and social impact on African communities. OX attended AFSIC 2021 and found it to be the perfect…

Energy sector moves up a gear – Bhavtik Vallabhjee, Head: Power and Renewables, Absa Securities UK

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LONDON (Capital Markets in Africa) – While South Africans are understandably frustrated by the operational issues at Eskom and the impact it is having on business and quality of life, it is important to stop and appreciate that real progress is being made. Let’s be clear: What South Africa has achieved over the past decade is nothing short of remarkable. The transition from a primarily coal-based energy economy was never going to be easy and…

Africa’s Rich Set to Get Wealthier From Technology Boost

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LAGOS (Capital Markets in Africa) – Increased use of technology to improve the efficiency of mature African businesses is expected to boost the number of high net worth individuals, as the second generation of family owned businesses takes over management from founders. The first generation emerged following the oil boom and liberalization of economies, with most investing in heavy industries, trading and commercial farming, according to Faizal Bhana, the director for the Middle East, Africa…

Buhari Defends Record as Nigerians Endure Hardship, Insecurity

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Nigeria’s outgoing President Muhammadu Buhari said his successor will inherit a far more resilient economy thanks to investments in infrastructure and policies that have bolstered local production. Under his watch, the government has recovered hundreds of millions of dollars in stolen state funds, built new transport links and beaten back militant group Boko Haram, Buhari said in written responses to Bloomberg News questions. With Russia’s war on Ukraine disrupting global supply chains, the government’s support…

UK Faces Last-Ditch Court Bid to Halt Rwanda Deportation Flights

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LONDON (Capital Markets in Africa) – The UK’s controversial move to deport asylum seekers to Rwanda to process them was challenged in a London court as part of a last-ditch attempt to block the first flight to the east African nation. Lawyers representing asylum seekers asked a judge to halt next week’s planned flight, in what is the first case to scrutinize UK Prime Minister Boris Johnson’s flagship immigration policy. The case has attracted days of…

The Purpose And Vision

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We believe that all young people should be able to attain their full potential in life, education, and jobs, and that the workforce should be diverse and well-prepared. On this website, we will prepare students for the job market by teaching them the critical thinking, cooperation, and interpersonal skills necessary for success in the workplace. We collaborate with NGOs and school partners to identify bright, motivated teenagers who wish to widen their college and career…

Pay Debt or Feed People Is Hungry Nations’ Impossible Choice

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LAGOS (Capital Markets in Africa) – After Sri Lanka defaulted on its debt, Jack McIntyre, a portfolio manager at Brandywine Global Investment Management, started watching rice and grain prices more closely. For a swath of the markets he’s tracking, global food shortages are presenting governments with a stark choice — pay their debts or feed their people. Sri Lanka opted for the latter, falling into arrears on its foreign debt May 18 amid a lack of dollars to ease…

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