How nuclear energy is gaining traction across African economies
The International Atomic Energy Agency (IAEA) says Egypt, Kenya, Nigeria and Ghana have set the groundwork for nuclear energy plants. Investments in nuclear will see these countries meet rising electricity demand, diversify energy mix, fortify energy security, and cut emissions. Currently, South Africa is the...
Policymakers bet big on Islamic finance to reshape Africa’s MSME economy
Policymakers aim to direct Islamic finance away from passive monetary markets and toward productive enterprise, especially MSMEs in Africa. Islamic financial institutions urged to allocate at least 20% of their loan portfolios—an estimated US$1 trillion—toward MSME In Africa, lack of affordable financing is a persistent...
Marriott and Hilton growth blueprint signals new era of Africa’s hospitality industry
Marriott unveils plans to add more than 50 hotels and 9,000 rooms by the end of 2027. Hilton seeks to triple its African portfolio to more than 160 hotels, opening over 100 new hotels in the coming years and creating approximately 18,000 jobs. Job creation,...
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