The growing appeal of popular uprisings in Africa
It’s been a month since protesters in Burundi began their campaign to block President Pierre Nkurunziza from seeking a third term in office.
A May 13 coup against the 51-year-old former sports professor failed, but demonstrators are rolling out on a daily basis, calling for him to step down.
The tiny Great Lakes nation of 10-million people is one in a string of sub-Saharan countries in which popular protests have recently taken hold, reflecting growing intolerance for ineffectual leaders with an appetite for extending their time in power.
African Development Bank Elects new President
Doctor Akinwumi Adesina has been elected as president of the African Development Bank (AfDB) with a large majority vote.
The Nigerian Minister for Agriculture and Rural Affairs won over 60 percent of the vote, facing off competition from finance ministers; Kordjé Bedoumra of Chad and Cristina Duarte of Cape Verde.
African Business Review
Inclusive growth achievable through banking Africa’s ‘unbanked’ population
The banking sectors of a number of sub-Saharan African (SSA) countries have exhibited significant growth in recent years.
Contributing factors include the rapid rise of pan-African banks says Bisi Lamikanra, Partner & Head Management Consulting, KPMG Nigeria and FS Africa. Lamikanra will attend the World Economic Forum Africa Regional Summit taking place from June 3 to 5 in Cape Town.
Africa’s development potential to feature high at WEF
THE World Economic Forum, starting tomorrow, will offer some top South African consulting firms the opportunity to provide insight into solving Africa’s socio-economic challenges.
Themed “Re-imagining Africa”, the three-day WEF event is being held at the Cape Town International Convention Centre. More than 1 000 delegates are expected to attend the forum which will focus on long-term development and improving infrastructure on the continent. Consulting companies such as AT Kearney form part of WEF’s global agenda council.