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Jan 15, 2025 | 
african.business | Omar Ben Yedder
Africa is the only continent where the population is rising rather than falling – by 2050, Africa’s population will double to 2.5bn, accounting for a quarter of the world’s people. What is not clear is whether this huge demographic bulge in a boon or a curse for the continent. A rising population could help to boost economic growth – but only if there are additional jobs to absorb the expanded workforce, and if this workforce is equipped with the skills needed to carry out the work.
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Jan 12, 2025 | 
african.business | Omar Ben Yedder
Recent shifts in debt restructuring practice are harming the classical trade finance asset class and African multilateral public development banks (PDBs), says Admassu Tadesse, group president and managing director of the Trade and Development Bank Group. PDBs act as a near-last-resort trade financier, in an under-served continental marketplace characterised by extensive market failures.
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Jan 10, 2025 | 
magazinedelafrique.com | Omar Ben Yedder
Le commerce des événements de mode : un moyen de développer les chaînes de valeur locales à mesure que les Africains se mondialisent. Lors du week-end Nexus de l’Afrique créative qui s’est déroulé au quatrième trimestre 2024, 18 créateurs d’Afrique et des Caraïbes ont attiré l’attention des acheteurs et des investisseurs.
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Jan 3, 2025 | 
african.business | Omar Ben Yedder
Zain Verjee, an executive fellow at the Digital Data and Design Institute at Harvard University, is co-founder of an AI and communications consultancy, and hosts the podcast series Embedded. She talks to Omar Ben Yedder about the future of AI and technology adoption in Africa, two of the key themes of this year’s World Economic Forum in Davos. You’ve immersed yourself in AI and crypto this last year. What have you discovered? What has surprised you, in a positive and also worrying way?
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Dec 12, 2024 | 
african.business | Omar Ben Yedder
On the eve of its 40th birthday, Ecobank Transnational Incorporated, the banking group with the largest presence in West and Central Africa, finds itself playing in a very different environment from when it first opened its doors to customers in Lomé, Togo, back in 1985. The banking sector, overrun by technology and catering to a very different type of customer, requires something very different from its service providers.
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Nov 6, 2024 | 
shorturl.at | Neil Ford |Harry Clynch |Omar Ben Yedder |David Thomas
Donald Trump’s victory in the US presidential election has sent the dollar surging against both G10 and emerging market currencies in a development that has potentially significant macroeconomic repercussions for African countries.
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Nov 5, 2024 | 
shorturl.at | Dulue Mbachu |Anver Versi |Omar Ben Yedder |African Banker
This article is sponsored by Ministry of Petroleum, Energy and Mines of the Islamic Republic of MauritaniaNearly two years after the massive Greater Tortue Ahmeyim (GTA) Floating Production Storage and Offloading (FPSO) facility – a building designed for hydrocarbons produced at sea – embarked on its journey from China, weaving through Singapore on its way to Senegal and Mauritania. The striking image landed in the office of the energy and petroleum minister.
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Nov 4, 2024 | 
african.business | Omar Ben Yedder
The Bank of Industry (BOI) Ltd is Nigeria’s oldest and largest development financing institution. It was originally incorporated in 1959 as the Investment Company of Nigeria (ICON) Ltd and later transformed into the Nigerian Industrial Development Bank (NIDB) in 1964 under the guidance of the World Bank. Its initial equity was largely held by the International Finance Corporation, alongside other domestic and foreign investors.
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Nov 4, 2024 | 
african.business | Omar Ben Yedder
Since its establishment in 2007, the Africa Finance Corporation has defied expectations. This relatively new development institution, born out of public-private collaboration to drive investments into infrastructure, today has a balance sheet in excess of $12bn invested in infrastructure projects in 36 countries across the continent. In an asset class that requires pioneers and innovators as well as intrepid actors, AFC has managed to demonstrate that infrastructure is investible.
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Nov 4, 2024 | 
shorturl.at | Lennox Yieke |African Business |Omar Ben Yedder |Stuart A. West
In desperation to replenish its arsenal Russia has turned to countries like Iran, and North Korea to bolster its weapons arsenal. North Korea has provided munitions towards this cause, while Iran entered a program that provides Russia with its Shahed unmanned drone. In a military agreement valued at over 1.5 billion US dollars, Russia began importing parts for Iranian drones to assemble in preparation for use in its war against Ukraine.
