A.Y.E. Organization’s Mission to Train One Million Entrepreneurs.
Africa’s Young Entrepreneurs Organization (A.Y.E.) is the continent’s largest entrepreneurship network, with a bold mission to train and develop one million African entrepreneurs by 2025. A.Y.E. was founded on the belief that Africa needs more entrepreneurs to succeed and compete globally. The organization unites and empowers entrepreneurs by encouraging them to network socially, intellectually, and […]
Special Economic Zones: A Policy Tool for Industrialization.
Special Economic Zones (SEZs) are geographically delimited areas where governments promote industrial activity through various incentives and improved services. These zones have become a widespread development tool globally and are picking up pace rapidly in Africa, with 47 countries adopting SEZ policies by 2022. SEZs are particularly appealing for countries where widespread structural reforms are […]
Value Addition: A Strategic Path to End the Resource Curse.
Africa is strategically pivoting toward value addition, a process of transforming raw materials into finished products before export. This shift counters the historical pattern of exporting raw materials and instead ensures that the continent benefits more fully from its abundant resources. The global demand for minerals essential for high-tech products like electric vehicle batteries, such […]
The Fintech Boom Is Shifting Investment from Abroad to Within.
The growth of Africa’s fintech sector is attracting a new kind of capital: local capital. The 2025 Industry Trends Report indicates that African venture capitalists are “set to dominate fintech investment as global players shift their focus inward”. This trend signals a maturing of the African venture capital landscape, with well-funded growth-stage startups acquiring smaller […]
Sovereign Wealth Funds are Driving a New Era of Domestic Investment.
Sovereign Wealth Funds (SWFs) are playing an increasingly strategic role in Africa, moving beyond traditional savings and stabilization funds to act as key drivers of domestic development. Many African SWFs have multiple objectives, combining stabilization, savings, and development to support their economies. Examples like the Fundo Soberano de Angola and the Nigeria Sovereign Investment Authority […]
Development Financing is Navigating a Turbulent Global Economy.
Africa’s development financing landscape is navigating a complex and turbulent global economic environment. While economic growth is projected to edge up from 3.3% in 2024 to 3.5% in 2025, many countries are grappling with high debt distress risks and inflation, with some African countries not yet experiencing the decline in inflation seen across the world. […]
Africa’s Smart City Market is Booming Amid Rapid Urbanization.
Africa’s smart city market is projected to reach $1.5 billion by the end of 2025 and is set to grow at a significant annual rate of 12% through 2029. This boom is a direct response to the continent’s rapid urbanization, with more than 60% of the population expected to live in urban areas by 2050. […]
Senegal’s Sangomar Oil Project Marks a Major Energy Milestone.
Senegal reached a significant milestone in its energy sector development in June 2024 with the completion of the Sangomar Oil Project. The $5.2 billion project, developed in partnership with Woodside Energy, has a target resource base of 630 million barrels and is expected to produce 100,000 barrels of oil per day. This achievement is a […]
Mozambique’s Hydropower Initiative: A $5 Billion Clean Energy Project.
Mozambique is advancing a major clean energy project with the Mphanda Nkuwa Hydropower Project, a $5 billion initiative scheduled to begin construction by the end of 2024. The project aims to generate 1,500 MW of hydroelectric power, providing clean and affordable electricity. This initiative is a critical step toward addressing Africa’s energy poverty and supporting […]
The EACOP Pipeline: Unlocking East Africa’s Oil Potential.
The East African Crude Oil Pipeline (EACOP) is a major project set to unlock the oil potential of East Africa. As of November 2024, the pipeline had reached 47.1% completion. The 1,443 km pipeline will transport crude oil from Uganda’s Lake Albert fields, which hold 6.5 billion barrels of oil, to international markets via Tanzania, […]
