The Habari Network

The Rise of Africa’s Next Megacities - https://lnkd.in/gCxBu8pM - By Dishant Shah Africa is experiencing rapid urbanization, with several of its cities on track to become the world’s next megacities by 2050. Defined as cities with populations exceeding 10 million, megacities serve as economic and cultural hubs, driving regional and global growth. While cities like Lagos, Cairo, and Kinshasa have already

Intensified Conflict in Eastern DR Congo Leads to Devastating Casualties and Humanitarian Crisis - https://lnkd.in/e8AHQAjG - By Godfred Zina The ongoing conflict in eastern DR Congo has resulted in significant loss of life, with over 700 individuals killed in a short span as M23 rebels advanced toward the region's largest city, Goma, and its surrounding areas. Reports from local hospitals and morgues indicate that 773 bodies have

Rwanda and Ghana Launch Fintech Licensing Passport to Drive Seamless Payment Solutions - https://lnkd.in/gerwS3wn - The central banks of Rwanda and Ghana have partnered to integrate their national payment systems and establish a fintech licensing passport between the two nations, as announced by Rwanda’s central bank governor, John Rwangombwa. This ambitious initiative aims to enable seamless cross-border payments and drive trade growth across Africa. "This is

How Jim Reynolds and NBA Stars Are Powering Coco5’s Rise in the Hydration Market - https://lnkd.in/gdzrFihR - Jim Reynolds, founder and CEO of Loop Capital, built the firm into the world's largest Black-owned investment bank, overseeing a team of 300 professionals handling thousands of deals annually. In 2011, Loop Capital was introduced to Coco5, a hydration beverage company seeking investment. A longtime fitness enthusiast, Reynolds appreciated the product

Grenada Introduces Exclusive Citizenship by Invitation Initiative to Attract Global Business Leaders - https://lnkd.in/gaH3prjg - The Investment Migration Agency (IMA) of Grenada has announced the launch of a new Citizenship by Invitation Initiative, designed to attract high-caliber global business leaders and innovators to the Caribbean nation. Unveiled in the capital, St. George’s, this initiative is a strategic collaboration between Arton Capital and Forbes Global Talent, adopting

Trump Reorganization Becomes Chaotic - https://lnkd.in/gfzsWwNE - By Gregory Simpkins The first two weeks of the second administration of US President Donald Trump were chaotic to say the least. A wave of executive orders were signed and executive actions were taken - only for some to be short-circuited by the court system and maneuvering by tariff targets. The apparent

Kenya Poised to Lead Global Internet Advertising Growth, PWC Report Finds - https://lnkd.in/gK8zSj7N - By Danilo Desiderio A report released on January 28, 2025, by PricewaterhouseCoopers (PwC) forecasts that Kenya will become the world’s fastest-growing internet advertising market in the coming years. The report projects that, over the next four years, revenue from Africa’s Entertainment and Media (E&M) industry will outpace the global average, driven

Inflation Plagues African Nations in 2024 - https://lnkd.in/gjtQh-Vv - By Mary Alorh In 2024, several African economies experienced some of the highest inflation rates on the continent, with prices for goods and services escalating dramatically. This sharp rise in inflation contributed to an uptick in social unrest, as widespread protests and demonstrations were observed across various nations. Positive Inflation Outlook for

Nigeria’s BRICS partnership: economist outlines potential benefits - https://lnkd.in/gcD8BRar - By Stephen Onyeiwu The introduction of BRICS partnership is an expansion mechanism designed to bring in more participants without giving them full membership. It is akin to “observer” status. BRICS partners can participate in special sessions of summits and foreign ministers’ meetings, as well as other high-level events. Partners can also contribute

Safaricom and Kenya Bankers Association Propose Pesalink as Kenya’s Fast Payment System - https://lnkd.in/ghMNKGtJ - Kenyan mobile operator, Safaricom and the Kenya Bankers Association (KBA) have proposed making Pesalink Kenya’s next-generation fast payment system (FPS), advocating for an industry-led approach to streamline digital transactions. Their joint proposal recommends leveraging Pesalink’s existing infrastructure instead of developing a new FPS or relying on multiple private switches. Operated by