– A recent report has named Nigeria as the African country with the most tech start-ups – Launched in 2019, the Digital Economy Policy shows a commitment to boosting the sector – Various hurdles remain to be overcome, related to both regulation and infrastructure – 4IR start-ups are changing the face of Nigerian society and driving its Covid-19 recovery A recent report has highlighted…
En Français While West Africa is one of the largest producers of cotton, it has the ability to process less than 2% of the crop locally; around 90% is exported to markets in Asia, where value is added through spinning and weaving. The industrialisation of West Africa is therefore essential for the region to fully capitalise on its resources, boost growth and create employment along the value chain. The…
– Textile and fashion is the world’s second-largest industrial polluter, behind oil and gas – Concerted efforts are being made to create more sustainable business models – Two solar-powered, sustainable textile plants under construction in Togo and Benin – Increased cotton processing could mean value-added textile earnings stay in West Africa With textiles and fashion expected to…
On fuelling economic growth in Africa through insurance penetration In what ways did the Covid-19 pandemic impact the insurance sector in Africa? FARID CHEDID: Government measures to reduce the spread of Covid-19 such as national lockdowns have translated into slow economic growth, and in some cases recession. The performance of the insurance sector is traditionally closely linked to that of the…
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– Covid-19 prompted widespread growth in sub-Saharan e-commerce – African giant Jumia used record expansion to fuel share demand – Limited ICT infrastructure remains a significant barrier in the region – The African digital economy is set to continue its exponential growth trend The coronavirus pandemic triggered an e-commerce boom in sub-Saharan Africa, alongside the rest of the world.…
