Sept. 17, 2023 — Whether or not AI will save Africa is a complex question with no easy answer. There are many factors to consider, such as the specific ways in which AI is used, the level of infrastructure and development in Africa, and the social and political landscape. Continue reading
Category Archives: Economy
We are UK Zambians investing in the Diaspora
Sept. 6, 2023 Social/ — Zambians are not proud to be British. Zambia is an independent country, and its citizens are proud to be Zambian. However, there is a history of mutual respect between Zambia and Britain, which may explain why some Zambians may have positive feelings towards Britain. Continue reading
Is China’s Belt and Road Initiative (BRI) with Africa a one way street?
Sept. 5, 2023 /Africa Business/ — China’s Belt and Road Initiative (BRI) is a vast infrastructure project that aims to connect Asia, Africa, and Europe through a network of railways, roads, ports, and other infrastructure. The initiative has been praised by some for its potential to boost economic development in Africa, but it has also been criticized for being a one-way street that benefits China more than Africa. Continue reading
Kamala Harris grew up in Kamwala Town, Lusaka in Zambia
July 17, 2023 /Politics/ — Kamala Harris was born in Oakland, California, and Hakainde Hichilema was born in Monze, Zambia. However, they have both visited Zambia and have expressed an interest in the country. In March 2023, Kamala Harris visited Zambia as part of a tour of Africa. She met with President Hichilema and other officials to discuss issues of democracy, governance, and economic development. Hakainde Hichilema has also visited the United States on several occasions. In 2019, he met with then-Vice President Mike Pence to discuss trade and investment opportunities between the two countries. Continue reading
GLOBAL BLACK ECONOMIC FORUM AND STARNEWS MOBILE PARTNER TO EMPOWER BLACK ENTREPRENEURS
The Global Black Economic Forum (GBEF) and StarNews Mobile (SNM) have announced a strategic partnership to empower Black entrepreneurs and promote collaboration among Black businesses globally. The alliance will leverage StarNews Mobile’s position as a leading media platform in Africa to expand GBEF’s presence on the continent and create a lasting impact on the African business landscape. Continue reading
A special gift at the tomb of Yuan Longping
Recently, a special gift – a bowl of hybrid rice from Africa, appeared at the tomb of Mr. Yuan Longping, father of the hybrid rice. The gift was brought by Rakotoson Philibert, former Secretary General of the Ministry of Agriculture of the Madagascar Republic, who came to China for the third China-Africa Economic and Trade Expo. A simple bowl of rice harbored the sincerest commemoration from the Madagascar people. Continue reading
Report: ‘Global scam economy’ thriving in 2023
The COVID-19 pandemic catalyzed a digital payments revolution, forever reshaping expectations. Today’s consumers demand flexible, real-time payment options throughout their digital journeys. As banks, fintechs, retailers and other businesses modernize and add apps and offerings to keep pace, criminals cash in on weaknesses at every turn. How are professional fraud fighters striking back? A payments fraud study by Javelin and analytics leader SAS explores the fraud climate in 12 countries and offers eight recommendations for curbing the deluge. Continue reading
Is zambia the cinderella of Africa, poor indebted by wicked China and saved by the western prince?
23 June 2023 /Economy/– Zambia’s recent debt restructuring deal with its creditors is a major step forward for the country’s economy. The deal will allow Zambia to access much-needed financial resources to help it recover from the COVID-19 pandemic and stimulate economic growth.
In the short term, the deal will likely lead to a decrease in Zambia’s debt servicing costs, which will free up funds that can be used for other purposes, such as infrastructure development and social programs. This will help to boost economic growth and improve living standards for Zambians. Continue reading
Europe cannot survive without Africa
June 21, 2023 /World/ — The statement that “Europe cannot survive without Africa” is a bit of an exaggeration. While Europe does rely on Africa for a number of resources, it is not entirely dependent on the continent. However, it is true that Africa plays an important role in the European economy.
Here are some of the ways in which Africa contributes to the European economy: Continue reading
It is not illegal to be LGBTQ
May 31, 2023 /Lifestyle/ –Uganda is a relevant country on the global scale for a number of reasons, including its strategic location in East Africa, its large population, and its natural resources. The country is also a member of the United Nations and the African Union, and it plays an important role in regional security and development.
However, Uganda’s anti-LGBTQ laws have made it a target of international criticism. In 2014, the Ugandan Parliament passed a bill that would have made same-sex sexual activity punishable by life in prison. The bill was met with widespread international condemnation, and it was eventually withdrawn. However, the country’s anti-LGBTQ laws remain in place, and LGBTQ people in Uganda continue to face discrimination and violence. Continue reading