Narrow geographic and sectoral concentration of African venture-capital funding is an obstacle which must be overcome if the continent’s start-ups are to reach their potential, Eleni Gabre-Madhin tells, which is promoted by the United Nations Development Programme and was launched at the World Economic Forum in Davos inEthiopia: Commercial Bank in desperate attempt to recover lost cash
Following a system glitch, which allowed customers to withdraw $14m from ATMs, the bank has published the names, photos and account details of custome...Kenya: Plan to construct high-rise buildings in Nairobi faces resistance A plan by the governor of Kenya’s capital, Johnson Sakaja, to address Nairobi’s population surge through high-rise buildings has been rejected by resi...With private markets still too expensive, concessional loans and grants will be the key to unlocking African growth in the near term, says Andrew Daba...