-
Kenya’s Youth Dominate Tourism Workforce at 70%, Surpassing Global Average
Miano emphasized that the Ministry of Tourism is rolling out initiatives focused on skills development, entrepreneurship, and deeper inclusion of youth in the tourism economy.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- employment, innovation, tourism, youth
-
Kenyan Tourism-Focused Venture Studio Purple Elephant Ventures Tops up Seed Round to $5 Million
"The goal is to lead Africa’s tourism industry towards a greener future, with PEV startups typically scalable, tech-first solutions that supercharge urgent efforts to make Africa’s tourism industry more resilient and more sustainable in the face of climate change. "
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, tourism
-
CIF Allocates $143 Million to Restore Forests and Boost Climate Resilience in Brazil, Kenya, and Zambezi Region
$143M CIF funding expected to unlock $1B in co-financing, driving private sector investment in nature-based solutions.
- Categories
- Environment
- Region
- Global
-
Netflix to Invest $1 Billion in Mexico Over Next 4 Years
Sheinbaum said the investments in the film industry should produce many jobs beyond immediate production needs, such as hospitality for actors and crew members, fashion designers and also spur tourism.
- Categories
- Technology
- Region
- Latin America
-
Prosus Acquires Latin American Online Travel Platform Despegar for $1.7 Billion
Prosus stated that this acquisition will help sustain its growth in Latin America and, by integrating Despegar's resources, further enhance its competitiveness in the global travel industry.
- Categories
- Technology
- Region
- Latin America
-
BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
-
Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
-
ECOWAS Transport Ministers to Slash Air Travel Charges and Taxes by 25% by January 2026
This landmark move aims to lower travel costs, drive economic growth, and strengthen regional integration, significantly impacting the region’s aviation industry and enhancing ease of movement for people and goods across ECOWAS states.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.