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In the inky blackness of night over Odesa you can hear them flying. That unmistakable buzz of a motorcycle engine powering a set of wings and a payload of explosives that make up a $50,000 deadly drone. Odesa, the grain exporting hub on the Black

The Uganda Development Bank (UDB) recently convened a high-level meeting with prominent stakeholders on the sidelines of the International Monetary Fund (IMF) and World Bank spring meetings in Washington DC. The aim of this strategic engagement,

The call to action was made during the meeting on Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of Multiple Crises, which took place as a side event at the Tenth Session of the Africa Regiona

In January, the e-commerce marketplace Temu launched in South Africa, as the Chinese giant PDD Holdings begins its expansion into Africa. PDD Holdings was founded in Shanghai in 2015, with the Pinduoduo platform launching in the same yea

The purpose of this strategic engagement was to foster partnerships, exchange insights on the empowerment of national development banks in Africa to address the economic, social, and environmental priorities of the continent, and chart a course f

The new president of Senegal, Bassirou Diomaye Faye, has appointed orthodox figures to key economic posts following an election campaign that pledged to take the West African country in a radical new direction. Cheikh Diba, a former tax

When Statistics South Africa (Stats SA) released the latest GDP growth figures for Q4 2023 in February 2024, an exuberant Ms Khumbudzo Ntshavheni, Minister in the Presidency, could hardly contain her pleasure. Growth had increased by 0.1% in the

Africas three largest economies - Nigeria, South Africa and Egypt all raised sizeable public debt funding through three sukuk issuances in 2023/24, totalling an aggregate equivalent of $3.045bn. Sukuk is an Islamic debt instrument wherei

Perhaps nothing is more important fora prosperous Africa than increasing intra-African trade. What is UBAs contribution to making the African Continental Free Trade Area ( AfCFTA ) become fully operational? Intra-African trade i