Africa ETP News
you are currently viewing::AfDB and IGAD launch a new initiative to stimulate a blue economy breakthrough in the Horn of AfricaDecember 1, 2025-The Intergovernmental Authority on Development (IGAD), in partnership with the African Development Bank Group (AfDB), recently launched a new multinational project to accelerate coordinated blue economy actions across the Horn of Africa. Entitled the Building Blue Economy Resilience and Prosperity in IGAD & the Horn of Africa (BE-Prosper) project, it was given the green light at a three-day event at the IGAD headquarters in Djibouti, from 17-19 November, which brought together senior government officials, development partners, experts, and regional institutions. Speaking on behalf of Workneh Gebeyehu, IGAD Executive Secretary, Mohy Tohami, IGAD Director of Economic Cooperation and Regional Integration, reaffirmed IGAD's commitment to unlocking the region’s blue economy potential. Source: AfDB (African Development Bank) |
Nairobi Securities Exchange Plans East Africa's First AI ETF- But Its CEO Is Watching for a Bubble
August 5, 2026--The Nairobi Securities Exchange is building East Africa's first exchange traded fund focused on AI stocks, with plans to offer it to investors before year-end- though its chief executive says the launch could be delayed if the global AI rally starts to look overdone.
Regional Economic Outlook 2026: Southern Africa Must Mobilise Development Finance at Scale to Close Annual $55 Billion Financing Gap
July 29, 2026--Southern Africa must urgently mobilise development financing at scale to turn a gradual and uneven economic recovery into real gains in living standards, according to the African Development Bank's 2026 Regional Economic Outlook for Southern Africa: Mobilising Southern Africa's Development Financing at Scale in a Fragmented World, released on Tuesday.
Africa's Private Capital Market Sees Mixed First-Half in 2026
July 29, 2026--Africa's private capital market posted a mixed first half in 2026. Deal volume fell 16% year on year to 211 transactions, the first H1 drop since 2023. Investment value rose 65% to $3.7 billion, the second highest first-half total in five years. The gap between average deal size, $32 million, and median deal size, $5 million, points to a market driven by a few large transactions rather than broad growth.
Africa's Blue Economy Generates Over $298 Billion Annually
July 22, 2026--The African Union (AU)'s Director of Blue Economy and Sustainable Environment, Hersen Nyambe, stated on Wednesday (22,) in Luanda, that the continent's blue economy currently generates over 298 billion dollars in annual value, with projections pointing to USD 405 billion output by 2063.
Africa Can Grow Faster With AI-If It Moves Now
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
