Category archives for: Finance & Banking

Egypt to build world’s biggest clean-coal plant

Pyramid Cartoon by CAJ News Africa cartoonist

from AHMED MOOLA in Cairo, Egypt CAIRO, (CAJ News) – AS ports go, even sailors could struggle to find Hamrawein on the map. This town on the Red Sea, 600 kilometres south-east of Cairo is dwarfed by other harbours on the route to Suez, but all that will change over the next six years as […]

Despotic Djibouti a dragnet to Horn of Africa development

Djibouti's Doraleh seaport

from SAID ABOUBAKER in Djibouti, Djibouti DJIBOUTI, (CAJ News) – DESPITE its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa region. The Horn of Africa, […]

Cyber crooks hijack Kenya’s coveted digital revolution

Riaan Badenhorst - Kaspersky Lab

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – THE demand for qualified cyber security experts outstripping availability and existing gaps in current cyber security laws are among factors Kenya’s acclaimed position as a continental leader in the adoption of technology is a curse in disguise. East Africa’s largest economy is losing millions of […]

SADC rail revival spurs intra-Africa trade

South African Heavy Haul Association

by GIFT NDOLWANE  JOHANNESBURG, (CAJ News) – AFTER years lying derelict owing to a snub by some governments in the region, the railway sector has bounced back as a key component of promoting intra-African trade, particularly in the Southern region. The region has taken a lead in intra-continental trade, hence there is excitement at the […]

Cybercrime a major challenge for Kenya businesses

Riaan Badenhorst, the General Manager at Kaspersky Lab Africa

  CYBER-SECURITY is still a major issue for business in East Africa’s biggest economy. In fact, according to Africa’s Cybersecurity report, the cost of cyber-attacks in Kenya is approximately US$210 million with the most vulnerable being SMEs and particularly those in the financial services sector. In addition, there is a huge talent gap that exists with the […]

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