Africa Matters

IMF Urges Policy Reforms to Unlock Potential of Africa’s Informal Economy

By Edson Baraukwa | Africa Guardian The informal sector has become a vital part of the African economy, contributing significantly to employment across the continent. The International Monetary Fund (IMF) has emphasized the importance of reforming this sector to address Africa’s growing unemployment challenges. While informal jobs—such as street vendors, small-scale farmers, craftsmen, and independent tradesmen—offer flexible employment options…

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Transforming Business in Africa: The Influence of Digital Payment Solutions and Passport by Investment

Our Correspondent | Africa Guardian Africa’s business landscape is undergoing a remarkable transformation fueled by technological innovations and shifting global economic dynamics. The continent’s increasing connectivity, highlighted by the emergence of digital payment solutions and passport by investment (PBI) programs, is reshaping business practices. These advancements not only enhance financial accessibility but also create new avenues for global entrepreneurs…

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Top 10 most rewarding African countries to do business in 2023

・Business Insider Africa presents the top 10 most rewarding African countries to do business in 2023. ・This list is derived from Oxford Economics Africa’s report titled “The Africa Risk-Reward Index.” ・The research is based on the assessment of 3 major factors. Businesses have the option to go beyond national boundaries for new markets and investment opportunities in today’s globally…

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Global Africa Business Initiative aims to accelerate and promote business, trade and investment across Africa

The Global Africa Business Initiative (GABI) (www.GABI.UNGlobalCompact.org), the leading platform for promoting investment opportunities and business growth across Africa and the world, will bring together Heads of State and Government, CEOs, UN leaders, investors and entrepreneurs in September for a deep dive into energy, trade, and digital transformation. This landmark event comes at a pivotal time in Africa’s economic…

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