South Africa Experiences Changes in Former White-Dominated Science Sector 

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Southern African Large Telescope. SAAO, Author provided By Patricia Ann Whitelock, Daniel Cunnama & Rosalind Skelton South African astronomy started an important journey two decades ago, when an initiative to attract and train future scientists in the field welcomed its first group of students under the National Astrophysics […]

What to Know About Africa’s new online foreign exchange system

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement System which is scheduled to go live in 2024 […]

Top 10 African Countries to Invest in 2024

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. As the sun rises on a new year, Africa’s economic landscape gleams with promise. Gone are the days of being overlooked; the continent is now a vibrant tapestry of opportunity, pulsating with resilient young populations, resource-rich lands, and burgeoning innovation. For discerning investors, this translates to a treasure trove of potential – […]

AGOA: What President Biden Sees in Africa That Others Need to See

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By Caleb Onyeabor/Special to The African Times/USA In a fervent declaration of support for the African Growth and Opportunity Act (AGOA), President Joe Biden illuminated the transformative impact and immense potential encapsulated within the continent of Africa. Emphasizing AGOA as a pivotal cornerstone of U.S.-Africa […]

Unpacking US-Africa Relations As AGOA Deal Expires in 2025

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By David Luke African governments are seeking an extension of the African Growth and Opportunity Act (Agoa) beyond 2025. The law was enacted in 2000 to “encourage increased trade and investment between the United States and sub-Saharan Africa”. We asked David Luke, who specialises in African trade policy and trade negotiations, what benefits Agoa […]

African Universities Are Off to a Strong Start in Global Ranking

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Universities across Africa can drive prosperity through innovation. Westend61 World university rankings are released towards the end of each year. Institutions globally scramble to see how they have fared. Have they risen or fallen? If so, by how much and in which rankings? Have they maintained […]

Fight Over Second-hand Clothing Brews In Uganda

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By Rodney Muhumuza Jostling for space, people jam the crowded footpaths crisscrossing a massive open market in Uganda’s capital. They are mostly looking for secondhand clothing, sifting through underwear for pairs that seem new or trying on shoes despite getting pushed around in the crush. […]

AU Passport would provide boon to Intra-Africa air travel

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Southern Africa Tourism Update  reports on new study by the international airline organization IATA  and the AU efforts to expand inter and intra connectivity of Africa’s airports and countries. IATA announced a 26.1% year-on-year rise in African air traffic; a leading aviation analytics firm believes […]

Cocoa Price Surge: Time for West African Countries to Re-negotiate Past Deals 

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Cocoa farmers in Ghana struggle with poverty. Getty Images By Michael E Odijie The global price of cocoa is spiking, a direct response to dwindling cocoa output in west Africa. In September, cocoa futures reached a 44-year price peak due to mounting concerns over reduced supplies from the region. The […]