Africa’s coworking space sector is experiencing a remarkable surge, driven by a burgeoning entrepreneurial ecosystem, the rise of remote work, and a growing demand for flexible, collaborative work environments. This trend is reshaping urban centers across the continent, positioning Africa as a significant player in the global coworking movement. Rapid Market Growth In 2023, the…
Kenya’s youth have a new resource for technical, vocational and entrepreneurial training that is set to boost self-employment, reduce reliance on formal employment and contribute to Kenya’s socio-economic development. The African Development Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund unveiled its Technical and Vocational Education and Training Entrepreneurship Project at a ceremony in Nairobi…
Emmanuel Macron said he wants to seek “forgiveness” for France’s colonisation of Madagascar, starting with the return of looted cultural artefacts. During his two-day visit, the French president also announced plans to step up economic ties, including investment in a major hydroelectric dam project. “Our presence here is not innocent, and our history has been…
Kenya has made history in the global fight against wildlife trafficking after four individuals — two Belgian nationals, a Vietnamese citizen, and a Kenyan — were sentenced in a groundbreaking case involving the illegal trade of live garden ants. Lornoy David and Seppe Lodewijckx of Belgium, Vietnamese national Duh Hung, and Kenyan citizen Dennis Ng’ang’a…
As global markets evolve at an unprecedented pace, both short- and long-term growth are being shaped by powerful shifts that no business or investor can afford to ignore. Future growth belongs to those who adapt early, invest wisely, and lead with innovation and sustainability at the core. The next decade will not be business as…
Despite Africa’s burgeoning startup ecosystem attracting increasing global venture capital (VC) attention, Tanzanian startups often find themselves overlooked. While neighboring countries like Kenya and Nigeria have become hotspots for VC investments, Tanzania’s startup scene struggles to secure similar funding. Several interrelated factors contribute to this disparity. 1. Nascent Venture Capital Ecosystem Tanzania’s VC landscape is…
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