AIC News

President Uhuru Kenyatta has called on the International Finance Corporation (IFC) and other World Bank constituent financial institutions to provide more support to the private sector to spur Kenya’s economic growth.

Ahead of the EU-African Union Summit scheduled for February 17-18, 2022, African thought leaders have stressed the importance of trade agreements and regional integration as keys to driving investment into the continent.

An African billionaire is eyeing the Caribbean markets as he looks to explore investing in the region.

Anu Opafola wants to retire comfortably, or at least not have to work every day, by the time she turns 40. An aspiring financial analyst, Opafola has to invest consistently over the next 15 years to stand a chance of achieving this dream.

In the past few years, the focus on tech talent development in Africa has shifted from training entry-level talent to training senior talent.

Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.

King Mohammed VI chaired this Thursday in the province of Benslimane (Casablanca-Settat Region), the launching ceremony of the works for the construction of a manufacturing plant for Covid-19 vaccines and other vaccines. The plant will require an investment of approximately 400 to 500 million euros.

Proponents expect the Pan-African Payment and Settlement System to drive intra-continental trade and investment, supporting the aims of the continental free trade agreement.

In a fresh attempt to deepen trade relations between Nigeria and China, the Lagos State Chamber of Commerce and Industry (LCCI), and the China Africa Business Council (CABC) has signed a multi billion naira memorandum of understanding (MOU).

Tullow Oil has unveiled a US $5 million capital expenditure plan for oil development in Kenya this year. This was revealed during its January Trading Statement and Operational Update this week.