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Kyosk

Kyosk: Transforming Traditional Corner Shops with Digital Innovation Across Africa

While many focus on e-commerce, one African startup, Kyosk, has taken a different approach—digitizing corner ...

  • 15 March 2022
  • Business
Crypto

How African Startups Are Leveraging Blockchain for Growth

African startups are increasingly adopting blockchain technology to solve problems in finance, agriculture, supply chains, ...

  • 12 March 2022
  • Startups and Innovation

Ivory Coast’s Fintech Startup Julaya Expands with $5 Million in Series A Funding

Ivory Coast's fintech startup Julaya secures $5 million in Series A funding to enhance digital ...
  • 8 March 2022
  • Business
Ghana to Select Contractor for First Nuclear Power Plant by December

Ghana to Select Contractor for First Nuclear Power Plant by December

Ghana is set to choose a company by December to construct its inaugural nuclear power ...

  • 7 March 2022
  • Ghana
Nigeria Fines Meta $220 Million for Data Privacy Violations

Nigeria Fines Meta $220 Million for Data Privacy Violations

Nigeria has imposed a hefty $220 million fine on Meta Platforms, the parent company of ...

  • 6 March 2022
  • Legal and Regulatory
Meta Introduces Monetization Features for Kenyan Creators

Meta Introduces Monetization Features for Kenyan Creators

Meta, the parent company of Facebook, has announced the launch of new monetization features for ...

  • 2 March 2022
  • Kenya
Africa's Space Industry Faces Challenges Despite Investment

Africa’s Space Industry Faces Challenges Despite Investment

Despite significant investments in Africa’s space sector, the continent continues to struggle with the effective ...

  • 22 February 2022
  • Africa

Ghana’s Corporate Sector Embraces Hybrid Work Model in Response to Pandemic Changes

Ghana's corporate sector adopts hybrid work models to adapt to post-pandemic demands, combining remote and ...
  • 10 February 2022
  • Business
Kenya and Tanzania among 10 states receiving half of aid money to Africa The report notes that between 2013 and 2022, Africa received more ODA than any other region of the world in all years except 2018. However, the total aid to the continent decreased from $86.4 billion in 2020 to $81.4 billion in 2022. In addition to Kenya, Tanzania, Uganda, and the DRC, other major recipients of aid include Egypt, Ethiopia, Nigeria, Mozambique, Morocco, and Niger. In total, these ten countries received $37.8 billion in 2022, accounting for 46.4% of all ODA to Africa. In terms of individual amounts, the DRC received $3.4 billion in aid, Kenya $3.3 billion, Tanzania $3 billion, and Uganda $2.4 billion. These figures are comparable to the amounts these countries aim to collect through additional taxes, as they implement fiscal consolidation measures to reduce high debt levels. Interestingly, many of these countries, despite receiving large amounts of aid, are among Africa's wealthiest nations, collectively making up about 45% of the continent's Gross Domestic Product (GDP), according to the World Bank. However, ODA often comes with stringent conditions. Aid from organizations like the International Monetary Fund (IMF) and the World Bank—the largest providers of ODA to Africa—typically requires governments to implement economic reforms

Kenya and Tanzania among 10 states receiving half of aid money to Africa

Kenya and Tanzania are among the top recipients of aid from wealthy nations and international ...

  • 3 February 2022
  • Africa
Ghana's Security Services(Police, Prisons, and Immigration) Announce 2021 Recruitment Drive

Ghana’s Security Services(Police, Prisons, and Immigration) Announce 2021 Recruitment Drive

In a surprise move, Ghana’s top security agencies have announced a major hiring spree, giving ...

  • 2 February 2022
  • Ghana
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Today in History

January 21st is the day in 1864 that the Tauranga Campaign begins during the Maori Wars.

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