Commonwealth Business Women Africa (CBW-Africa)’s Post

Are you interested in knowing about the concept of open finance and Zambia's readiness in embracing the same, then sign up for this upcoming webinar! 👇👇

Happy Independence Day, Nigeria! Today, we celebrate not only our nation's freedom but also the incredible strength that lies in our unity. As the world focuses more on achieving the SDGs, Nigeria stands in a unique position to lead Africa's charge toward a more equitable, inclusive, and resilient future. Now, more than ever, our collective strength is needed to drive progress in health, education, environmental sustainability, and economic growth. Together, as one united nation, we can inspire the rest of the continent to create a better tomorrow for everyone. Nigeria’s future - and Africa’s - depends on us standing strong, together. Let us continue to move forward in unity and purpose. #OreoluwaFinnih #NigeriaAt64 #UnityInDiversity #SDGs #LagosGlobal

The World Bank has allocated a substantial $270 million grant to Zambia and Tanzania to enhance transportation and trade connectivity along the Dar es Salaam corridor, as announced in a statement on Wednesday. This funding falls under the six-year Transport Corridors for Economic Resilience project, designed to elevate the efficiency, connectivity, and climate resilience of crucial regional transport and trade corridors across eastern and southern Africa. Achim Fock the World Bank country manager for Zambia, emphasized the project's significance in bolstering regional trade and transportation, stating, "By focusing on strategic improvements and climate resilience, we hope this will pave the way for a more robust and sustainable economic future for Zambia and its neighbors. The transport and logistics sectors are expected to experience a boost from targeted activities aimed at institutional and sectoral capacity building." The initiative is expected to directly benefit around 2.5 million individuals in Zambia, with plans to rehabilitate the Serenje-Mpika corridor section and establish a one-stop border post in Nakonde, a town on the Tanzanian border. Additionally, the project aims to tackle challenges related to inadequate trade and transport facilitation systems. #WorldBankGrant #TradeConnectivity #TransportCorridorProject #EconomicResilience #RegionalDevelopment

Beyond the announcement of the African Prosperity Dialogue at the Lagos Press Briefing, the gathering fostered networking and engagements between stakeholders and TEG humans, where they expressed anticipation towards APD 2024 which aligns with the overall goal of boosting intra-Africa trade and building the world’s largest single. #TetracoreEnergyGroup #Tetracore #AfricaProsperityNetwork #AfricaProsperityDialogues2

💡What will it take to achieve universal energy access? Delve into our Independent Evaluation Group evaluation on The World Bank Group's strategies for demand-side #EnergyEfficiency & avenues for expansion: https://bit.ly/3ZqFURT

Can Africa's vast resources and potential be harnessed for sustainable development, or will poverty, corruption, and environmental degradation continue to hold us back? Growing up in Nigeria, I've seen firsthand the struggles of living in a country with vast resources yet plagued by poverty, corruption, and environmental degradation. The once-pristine natural beauty of my childhood is now tainted by pollution and neglect. Farmers struggle to grow crops due to soil degradation and unpredictable weather patterns. The struggles of Africa's sustainable development are deeply personal. We can't afford to wait for change; we need it now. Governance issues, like corruption and mismanagement, hinder our progress. Leaders prioritize short-term gains over long-term sustainability, leaving us with inadequate infrastructure, unreliable energy supply, inefficient agriculture, and poor waste management. Sustainable development in Africa is a critical issue that requires immediate attention and collective action. The continent faces numerous challenges, including poverty, inequality, climate change, and environmental degradation, which hinder its ability to achieve sustainable development. We need transparent governance, accountable leadership, community-led initiatives, and investment in sustainable infrastructure. We need to learn from each other and adapt solutions to our unique contexts. Success stories from across the continent inspire us. Rwanda's reforestation efforts and Kenya's innovative agriculture programs show us that change is possible. We can create a brighter future for Africa, one where our resources are harnessed sustainably, our communities thrive, and our environment is protected. We owe it to ourselves, our children, and the planet. The time for action is now. However, challenges persist, and collective action is necessary to address them. International cooperation, investment in sustainable infrastructure, and support for African-led initiatives can help drive progress. #Please share your thoughts on this in the comment section! Ikenna Chinagorom EZENWA #Advocate for Sustainable Development in Africa

Who will save Africa? It’s no news to many of us that Africa is blessed with a lot of resources. These resources up till now has not been able to be optimized to its full capacity. When we travel to other parts of the world, we tend to compare and talk about how our systems don’t work and how there is corruption and many other things. Let’s not forget that those places were not always like that, people decided to roll up their sleeves and put in the work. We need to come together and put in the work that will help improve our economies. For businesses, we need to have a mindset that says “I want to go global”. Export as much as possible especially in the area of agriculture. P23 Africa have a vision to help businesses in Africa thrive. If you are a Small business or medium enterprise P23 Africa have resources that can help you take your business to another level.

#QUOTEOFTHEDAY!! "As this century progresses, Africa will increasingly be one of the world’s economic engines. But to become truly prosperous, we have to upgrade our mindsets and aim for quality. We must transform our raw materials into high-quality products and sell them back to ourselves. It may not be sustainable, but it is simple and clear." H.E Paul Kagame during the opening of 11th Africa CEO Forum today. #MyView: - 🔣 The potential for 'Made in Africa' products is significant, as Africa is poised to become one of the largest consumer markets in the coming years, offering substantial growth opportunities. Naturally, #Quality is crucial. 🆓 Despite the various challenges in the process, the AfCFTA is a key element and component for fostering a collective mindset. Naturally, #Benefit is essential.

Raising the bar for Africa’s prosperity #UNDP #EconomistImpact #IMF #RaceToResilience #WorldEconomicForum #WorldBank #ProsperAfrica #OECD #UnitedNation • Africa can gain inclusive growth by investing in its human potential. • It can collaborate to enhance its production capacities, technology sharing, and skills development that lead to a more robust and integrated economy. AfrogateResearch.net - Knowledge Empowerment, Research Visibility, and Impact

Africa presents numerous economic opportunities with its growing population, expanding markets, and rising middle class. From Nigeria and Kenya's digital industries to agricultural advancements in Ethiopia and Ghana, there are various sectors ripe for investment. Understanding and navigating Africa's infrastructure challenges and regulatory hurdles are essential for success. By embracing the continent's diverse cultures, building strong relationships with local partners, and prioritizing sustainable business practices, companies can fully tap into the potential of the African market. Read more : https://lnkd.in/dyc2_hxu #GAIAAFRICA #MarketDynamics #AfricanInnovation #BusinessOpportunity