West

Friday, on 9th of May 2025, in Kigali, Rwanda, the Institute of Certified Public Accountants of Rwanda (ICPAR) celebrated the launch of its new building, an event that drew attendees from across the continent who were also present for the Africa Congress of Accountants (ACOA) 2025. Against the backdrop of this milestone, a crucial question took center stage: the pivotal role of accountants in achieving Africa’s aspiration of ‘creating value for Africa,’ and the ways in which ICPAR is championing technology to realize this vision.

The bustling city of Kigali became a central point for the future of African finance as the 8th Africa Congress of Accountants (ACOA) unfolded. With a rising number of individuals pursuing higher education across Africa, the congress provided a vital platform for exhibitors to showcase innovations and build crucial connections within the accountancy sector. The growing demand for skilled financial professionals, driven by economic expansion and increasing regulatory complexity, was evident as companies presented their solutions and visions for the continent.

KIGALI, Rwanda Over 2,000 professional accountants and key stakeholders from more than 65 countries have gathered in Kigali for the 8th Africa Congress of Accountants (ACOA). The event, taking place from May 6th to 9th, 2025, at the Kigali Convention Center (KCC), is hosted by the Institute of Certified Public Accountants of Rwanda (ICPAR) in collaboration with the Pan African Federation of Accountants (PAFA). This landmark event is designed to foster connection, learning, and innovation within the accountancy ecosystem.

On Friday, May 2, 2025, President of The Republic of Rwanda Paul Kagame and First Lady Jeannette Kagame welcomed Guinean President Mamadi Doumbouya and First Lady Lauriane Doumbouya to their farm in Kibugabuga, Bugesera District. This visit underscores the growing friendship and cooperation between Rwanda and Guinea.

President Doumbouya arrived in Kigali on Thursday and engaged with members of the Guinean community in Rwanda on Friday morning. His visit is scheduled to conclude on Saturday.

Landlocked countries in Africa, like Rwanda, have historically faced significant hurdles in international trade. Geographic limitations often translate to higher transportation costs, longer transit times, and reduced competitiveness in the global market. However, a new era of opportunity is dawning, fueled by the rise of Special Economic Zones (SEZs) and the implementation of the African Continental Free Trade Area (AfCFTA). These initiatives hold the promise of transforming these disadvantages into springboards for economic growth and diversification.

Djibouti City, Djibouti - in the Regional Conference on Special Economic Zones in Djibouti on April 22, 2025, focused on the development of infrastructure and trade corridors across Africa, recognizing their vital role in enhancing connectivity and integration.

Discussions centered on initiatives like the Trans-Africa Land Bridge and the challenges and opportunities in developing the continent’s infrastructure.

Mr. Denis Muganga, Director of Private Sector Investment at the Northern Corridor Transit and Transport Coordination Authority (NCTTCA), highlighted the ambitious Trans-Africa Highway project, spanning 18 to 30 countries with a planned 60,000-kilometer network. “I’m sure most of us have heard about this project, considered as one of the major projects of the century,” Muganga stated. However, he also pointed out the slow progress and challenges hindering infrastructure development in Africa.

Day 1 of the Regional Conference on Special Economic Zones in Djibouti highlighted the critical role of the AfCFTA in driving African trade and economic integration. Discussions emphasized the importance of innovation, technology, and skills development for the success of SEZs, with a key panel session focusing on these drivers of growth.

[caption id=“attachment_31947” align=“alignnone” width=“1024”] Wamkele Mene, Secretary General of the AfCFTA[/caption]

Djibouti City, Djibouti - The Regional Conference on Special Economic Zones commenced its first day on April 21, 2025, in Djibouti, drawing officials and delegates from across Africa. The event highlighted Djibouti’s strategic importance in driving African trade and the critical role of the African Continental Free Trade Area (AfCFTA) in the continent’s economic integration.

The Minister of Trade and Tourism in Djibouti, Mohamed Warsama Dirieh, extended a warm welcome, emphasizing the collaborative spirit of the conference. Minister Dirieh underscored Djibouti’s historical and ongoing commitment to economic integration.

A compelling afternoon panel session at the Regional Conference on Special Economic Zones in Djibouti focused on the critical role of innovation, technology, and skills development in driving the success of SEZs and broader economic growth across Africa.

The discussion centered on how these three elements can be leveraged to transform SEZs into dynamic hubs of economic activity and contribute to the overall prosperity of the continent.

Njoroge Francis Gitau, Manager of Special Economic Zones in Kenya, emphasized the need for a comprehensive approach to innovation. “It is very critical they don’t see innovation only but also it’s right in the whole sector. Innovation, science, and technology are critical aspects,” Gitau stated. He highlighted Kenya’s commitment to developing its human capital, noting, “We offer training to the youth in Kenya, we understand the issue around capacity building, we ensure we have centers for where to offer trainings.”

On a mission to promote peace and unity across Africa, the Africa Peace Run initiative has gained significant momentum under the leadership of the Global Election Observation Mission (GEOM). This initiative seeks to bridge divides and address the underlying issues of violence and political unrest by engaging the continent’s most valuable resource, its youth.

The idea behind the Africa Peace Run was born from the understanding of Africa’s history and the challenges it continues to face. Kaikare Ronald, the Head of Programs at GEOM and Director of Africa Peace Run, shared his thoughts on why this initiative is so crucial for the continent.