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Moody’s to visit South Africa next week to decide on ratings: Treasury

Moody’s to visit South Africa next week to decide on ratings: Treasury

Ratings firm Moody’s will visit South Africa next week to decide whether to downgrade the credit status of Africa’s most industrialised economy to just one notch above sub-investment grade, the Treasury said on Wednesday. South Africa’s Finance Minister Pravin Gordhan told local station Radio 702 that Moody’s informed him of their decision during his stop […]

Women take leading roles as Ivory Coast emerges from turmoil

Women take leading roles as Ivory Coast emerges from turmoil

Women have long played a dominant role in agriculture in Ivory Coast and in the sprawling markets where most Ivorians purchase their daily necessities. Now though some are now breaking through into the most important positions in government, administration and business in Ivory Coast – positions long held by males in this traditional society. In […]

Africa’s richest man eyes Morocco phosphate deal, rice production

Africa’s richest man eyes Morocco phosphate deal, rice production

Dangote Group, the company owned by Africa’s richest man Aliko Dangote, said on Monday it plans to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned fertilizer plant. Dangote has raised a $3.3 billion loan to develop a $9 billion oil refinery and petrochemical complex in Nigeria, Africa’s biggest economy and top […]

FINANCIAL PLANNING with TOYIN SANNI: Seven Steps to Get out of Debt!

FINANCIAL PLANNING with TOYIN SANNI:  Seven  Steps to Get out of Debt!

Many more people than we think labour under the weight of debt. Being in debt can cost you your life or at the least, totally mess it up. It not only affects your finances (as most debts carry costs), credibility, self-esteem and peace of mind, many have been assassinated or committed suicide because of bad […]

China’s Mobile Payment Revolution Is Going to Africa

China’s Mobile Payment Revolution Is Going to Africa

CAPE TOWN, South Africa — With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China’s enormous mobile payment market. The company will be battling for market share with e-commerce giant Alibaba’s Alipay and Tencent’s WeChat Wallet, which […]

How Facebook is working to create online safety for African women

How Facebook is working to create online safety for African women

No doubt, technology and social media platforms in general are some of the best things to have happened to mankind. With increased connectivity, ‘likes’ and ‘follows’, have shaped the world into a global village of virtual communication. But even so, there are the certain disadvantages of these genius innovations; these include issues like bullying, harassment […]

Egypt Business Forum Promotes Key African Ties

Egypt Business Forum Promotes Key African Ties

Sharm el-Sheikh — Egyptian President Abdel Fatah el Sisi is calling on African leaders to invest in education so that the continent’s peoples can acquire the skills to contribute to the region’s economic growth. “Africa needs to concentrate on transforming societies .. using innovation and research as a basis for future success,” he said . […]

South African retailer exits Nigeria as import restrictions affect business

South African retailer exits Nigeria as import restrictions affect business

South African retailer Truworths has left Nigeria citing import restrictions. “We were unable to operate the stores properly any longer because we were unable to send merchandise to the stores because there’s regulation preventing that,” chief executive Michael Mark told Reuters in telephone interview on Thursday. The company said it was even struggling to pay its […]

Who can fund my women’s rights organizing?

Who can fund my women’s rights organizing?

Identify potential funders for your work! Women’s rights and feminist organizations are sparking powerful changes across the world, yet AWID’s Where is the Money for Women’s Rights (WITM) research consistently shows that women’s rights organizing is significantly underfunded. This donor list is one tool to bridge the information gap on funding sources and make it […]

Lack of finances deny women opportunity in extractive sector

Lack of finances deny women opportunity in extractive sector

Extractive industries represent a major source of wealth in African economies. The sector, however, is male dominated and a difficult terrain for women to venture. One of the barriers that women encounter in this sector is related to financing. Women are underrepresented or totally absent in the large scale commercially viable mining as well as […]