The Editorial Team

African Development Bank fund approves grant for solar electricity

ABIDJAN (Capital Markets in Africa) — The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN) has approved a grant of $485,000 for a solar electricity project in Namibia that will power some 50,000 households in the capital city. The “Informal Settlement Renewable Electrification and Upgrading Program” will directly benefit around 200,000 people in Windhoek, where around 20% of the population does not have electricity. The Urban and Municipal Development Fund helps governments…

USAID Commits $3 million to African Water Facility

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;AGOS (Capital Markets in Africa) – The United States Agency for International Development (USAID) (https://www.GlobalWaters.org/) has committed $3 million to the African Water Facility (AWF) (https://apo-opa.info/3JiWiOu). The funding will support the preparation of water and sanitation investment projects in Africa, through the provision of grants and technical assistance to African countries and regional economic communities. The African Water Facility, an initiative of the African Ministers Council on Water (AMCOW), is hosted by the African Development…

Emerging Markets: A changed asset class – More quality, less risk?

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There is a great deal of confusion today about what really constitutes the asset class known as ‘emerging markets’ (“EMs”), and with good reason. The official grouping from index providers such as MSCI contain a hotchpotch of countries across the globe with often very little in common. There is also confusion about the characteristics of the asset class: everyone assumes it is risky, but is it? Is it cyclical, is it correlated to commodities, is…

Nigeria: Fuel Subsidy Removal Short-term pain, long-term gain

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LAGOS (Capital Markets in Africa) – President Tinubu has finally done the inevitable: ending the payment of fuel subsidies in Nigeria. Several administrations have tried unsuccessfully in the past to end the subsidy regime. This has been primarily due to strong opposition to reform and the lack of a political will to bite the bullet. Subsidy is the transfer of money from the government to an entity, leading to a decline in the price of…

Fighting payment fraud is a shared responsibility

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As payment fraud remains an area of concern for South African businesses, there is debate about what more can be done to tackle the problem and whose responsibility it is. There are layers of complexity that make what appears to be a deceptively easy question to answer much more nuanced. Businesses, banks, as well as individuals all have a role to play, says Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) platform provider….

Nigeria’s industry is rising to the twin challenge of decarbonisation and energy security

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Nigeria is a major industrial hub. It is home to energy-intensive manufacturing businesses whose operations, and growth potential, are constrained by the weakness of the country’s electricity supply. To mitigate this, industrial companies have been building their own power generation capabilities, but the result has often been the reliance on expensive and polluting diesel generators. As such, the industrial sector represents one of the country’s largest sources of greenhouse gas emissions. In most places in…

The future of issuing: How digital experiences and enablement can improve the customer

Posted on by The Editorial Team

Today’s consumers are smartphone-obsessed – and the more time they spend on their devices, the more these devices impact their behaviour and the way they consume. These devices are now so much more than just a means for communication, they have become a tool to simplify and enhance every aspect of consumers’ lives, particularly the way they handle their money and make payments. To retain and gain customers, banks and financial institutions need to ensure…

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