Africa: Better Resource Management Not Foreign Aid Will Save Africa

Africa presents abundant opportunities for international businesses willing to adapt and innovate, but a one-size-fits-all approach won't work in the continent's diverse markets. The recent exits of major corporations like Unilever and Nestlé highlight the challenges of navigating Africa's unique business environment, emphasizing the need for a strategic rethink to capitalize on the continent's growth potential. Multinationals must shift towards localized strategies, prioritize sectors like healthcare and education, and become enablers of consolidation to drive...

The Blue Marlin All-Inclusive Seascape in Scottburgh, KwaZulu-Natal South Coast offers panoramic ocean views, family-friendly facilities, and fully inclusive packages. With renovated rooms, two large swimming pools, adventure golf, and a spa, guests can enjoy a range of activities. The resort provides buffet meals, themed dinners, and various entertainment options, making it an affordable and idyllic seaside holiday destination. Full Article

While Christmas is a widely celebrated annual event, some individuals choose to opt out due to diverse religious beliefs or a desire to avoid the season of spending. Despite the general closure of establishments during Christmas Eve and Christmas, there are still open places and free activities to enjoy. Options include hiking, volunteering, visiting the beach, and dining out to escape the stress of cooking a festive meal. Full Article

The Africa Finance Corporation (AFC) plans to invest over $3 billion in infrastructure projects across the continent, focusing on key industries and supporting the AfCFTA. Established in 2007, AFC aims to drive development in Africa by leveraging the continent's resources, including critical battery minerals for renewable energy. CEO Samaila Zubairu highlighted priority projects like a major railway linking Zambian mines to Angola's Lobito port, aiming to boost industrialization, tackle poverty, and create jobs while positioning...

The African Energy Chamber congratulates Ghana’s President John Mahama on his re-election, recognizing his leadership in driving economic growth and advancing the country's energy sector. Ghana has made significant progress in its oil and gas industry under his stewardship, with plans to attract investments in gas infrastructure, achieve universal electricity access by 2030, and boost petrochemical production. The country's upcoming energy projects, such as the Tema LNG plant and Atuabo II Gas Processing Plant, highlight...

Gender-based violence (GBV) is a prevalent issue in South Africa, particularly economic abuse, trapping women in abusive relationships due to financial dependence. Boipelo Ndimande, CFO at Consult by Momentum, advises women to secure their financial future by setting up private accounts, investing in long-term assets, and understanding their legal rights. By prioritizing financial independence, women can break free from the cycle of abuse and empower themselves for a better future. Full Article