Reporter at Large – Page 3 – Africa Guardian

Mudavadi Calls for Strategic Expansion of Africa’s Regional and International Trade

August 25, 2024

| International News

By Edson Baraukwa | Africa Guardian Kenya has expressed gratitude for Japan’s ongoing support in Africa’s infrastructure development and its partnership in advancing socio-economic activities across the continent. Prime Cabinet Secretary Musalia Mudavadi praised Japan’s sustained collaboration with Africa, particularly in crucial areas such as health, education, trade, investment, and climate change. He emphasized the importance of identifying areas…

African Leaders Urged to Present a Unified Voice in China Engagement

August 25, 2024

Edited By Edson Baraukwa | Africa Guardian The upcoming Forum on China-Africa Cooperation (FOCAC), set to take place in Beijing next month, marks the ninth installment of what has become the largest of the “Africa + 1” summits. The last gathering was hosted by Senegal in 2021. Spanning 24 years, FOCAC has emerged as a key platform for South-South…

Effective Communication Crucial for Maximizing Impact of Global Tech Africa Conference – Olele

August 25, 2024

Edited By Edson Baraukwa | Africa Guardian Margaret Obiageli Olele, CEO and Executive Secretary of the American Business Council (ABC), discussed the Council’s mission, the importance of collaboration in driving economic growth and technological innovation in Nigeria, and more in an interview with Kenneth Athekame. Can you describe the American Business Council’s vision for fostering American business interests in…

National Bank of Malawi and Akiba Commercial Bank Mourn the Loss of a Dedicated Leader

August 25, 2024

Our Correspondent | Africa Guardian Blantyre, Malawi – The National Bank of Malawi (NBM) and Akiba Commercial Bank (ACB) in Tanzania are deeply saddened to announce the passing of Mr. Arnold Makanda, a cherished member of their respective banking families. Mr. Makanda, who joined Akiba Commercial Bank in November 2020 on secondment from NBM, served as the Chief Finance…

Africa on the UN Security Council: Why the Continent Deserves Two Permanent Seats

August 25, 2024

Edited by Edson Baraukwa | Africa Guardian Africa’s push for increased representation on the United Nations (UN) Security Council is driven by three key motivations: rectifying historical injustices, recognizing the continent’s role in shaping the modern world, and reinforcing the legitimacy of the UN amidst evolving global threats. Historical Context and Injustice The call for Africa to secure two…

Opinion: Why America must stand with Africa’s human rights defenders

August 25, 2024

Opinion by Berivan Orucoglu Africa has become a playground where China and Russia gleefully carve up spheres of influence through natural resources and — let’s not forget — UN votes, thanks to cozy relationships with authoritarian regimes. Human rights defenders across the continent are on the forefront, fighting an uphill battle against these entwined forces of local tyranny and…

How to Start Forex Trading in South Africa

August 25, 2024

Edited by Charles Muchoki | Africa Guardian Forex trading, or foreign exchange trading, has become an increasingly popular way to potentially grow investments by buying and selling currencies. With a rising interest in global financial markets among South Africans, many are eager to explore forex trading. This guide provides a step-by-step approach to help you get started with forex…

Egypt Unveils Africa’s First Hydrogen-Powered Skyscraper, Ushering in a New Era of Green Energy

August 25, 2024

By Edson Baraukwa | Africa Guardian Forbes is set to build Africa’s first hydrogen-powered skyscraper in Egypt, a 50-story tower that marks a significant milestone in hydrogen innovation on the continent. This ambitious project promises to be a catalyst for the development of more sustainable skyscrapers across Africa. Egypt is leading the charge in hydrogen innovation with the introduction…

India’s Tech CEO Boom: Lessons for Africa

August 25, 2024

By Edson Baraukwa | Africa Guardian In today’s world, the global competition for talent and innovation is more intense than ever. Unfortunately, South Africa and other African nations are losing some of their brightest minds and most skilled professionals to the world. This trend is particularly evident in the West, where countries like the United States and major corporations…

Q&A: AI sifts Africa’s natural remedies for drug discovery

August 24, 2024

Artificial intelligence (AI) and traditional medicine may seem like strange bedfellows but African researchers are harnessing both to advance drug discovery on the continent. Fidele Ntie-Kang, an associate professor of pharmaceutical chemistry at the University of Buea, Cameroon, is spearheading attempts to develop new medicines from Africa’s abundant natural biodiversity, using AI to screen hundreds of natural compounds In…

Increasing Investment in Battery Storage is Vital for African Power Systems

August 24, 2024

A handful of large-scale battery storage systems have already been built, or are currently under construction, in Africa. A prominent example is the Kenhardt project built by Norwegian company Scatec, which began supplying electricity to South Africa’s national grid late last year. The scale of Kenhardt makes it an exception, however. Although multiple countries, including Senegal and Mozambique are…

Africa’s Potential as a Major Supplier of Pulses and Oilseeds for India, Says BRICS AgriBusiness Council

August 24, 2024

| Agribusiness, News

By Edson Baraukwa | Africa Guardian Africa’s vast arable land presents significant opportunities for collaboration between India and Africa in the agriculture sector, according to Vikramjit Singh Sahney of the BRICS AgriBusiness Council. Sahney, who is also a Rajya Sabha member from Punjab, emphasized that Africa could become a key source of pulses, oilseeds, and other agricultural products such…

Dar es Salaam to Host 21st African Fine Coffee Conference

August 24, 2024

By Charles Muchoki | Africa Guardian Tanzania will host the 21st African Fine Coffee Conference and Exhibition next year, expected to draw over 2,000 participants. Scheduled for February 26th to 28th, 2025, the event is organized by the African Fine Coffee Association (AFCA) to support the Tanzanian government’s efforts to open up the country. AFCA, a member-based non-profit organization,…

EU Allocates Additional €35 Million in Humanitarian Aid to West Africa

August 24, 2024

By Edson Baraukwa | Africa Guardian In response to the severe humanitarian crisis in West Africa, the European Union has announced an additional €35 million in humanitarian aid. This funding is aimed at addressing the critical needs of vulnerable populations across the region, which includes countries such as Burkina Faso, Mali, Niger, Mauritania, the Gulf of Guinea coastal nations,…

Online Taxi Service Bolt Limits “Inter-country” Requests Between Nigeria and South Africa

August 24, 2024

Trending News | Africa Guardian Online taxi service Bolt has restricted “inter-country” ride requests between Nigeria and South Africa following a spike in social media pranks. Users in both countries began booking and then canceling rides in the other nation, causing drivers to undertake fruitless journeys in search of passengers who were not even in the same country. While…

Africa’s Copperbelt and the Atlantic: The Crucial Role of Financing for the Lobito Corridor

August 24, 2024

By Edson Baraukwa | Africa Guardian The success of the Lobito Corridor project hinges on securing adequate financing. This ambitious plan involves constructing a 1,850-km (1,150-mile) railway that will connect the Democratic Republic of Congo (DRC) to the Atlantic Ocean through Angola’s Port of Lobito, with a 500-km extension linking Zambia to the main route. Announced in September 2023,…

China-Africa Summit Approaches as Beijing Aims to Strengthen Ties with Africa

August 24, 2024

By Our Correspondent | Africa Guardian Chinese Vice Foreign Minister Chen Xiaodong stated on Friday that now is “the right time” to deepen cooperation between China and Africa, ahead of the upcoming China-Africa summit in Beijing next month. Speaking at a press conference, Chen emphasized that the meeting should be used to amplify the voice of the Global South…

Land Restoration for Environmental Care and Food Security, Re-greening Africa

August 24, 2024

By Charles Muchoki | Africa Guardian In a world where stories of disasters and escalating food insecurity dominate the headlines, it can be easy to lose hope for positive change. However, through my work on projects that support children and their communities in re-greening their environments, I’ve witnessed remarkable transformations. One of the most impactful methods contributing to this…

A Win for Africa in the Pursuit of Fair Global Tax Discussions

August 24, 2024

By Edson Baraukwa | Africa Guardian African nations have achieved a significant milestone by securing a platform at the United Nations (UN) to engage in global tax discussions on equal terms. This development marks a critical step in addressing issues such as tax evasion, illicit financial flows, and harmful tax competition, all of which have hindered these countries from…

Lewis Hamilton Pushes for Formula One’s Return to Africa with Rwanda and South Africa

August 23, 2024

By Charles Muchoki | Africa Guardian Lewis Hamilton, the seven-time Formula One world champion, has announced his efforts to bring Formula One back to Africa, revealing behind-the-scenes discussions with Rwanda and South Africa to make it a reality. Speaking ahead of the Dutch Grand Prix, Hamilton emphasized that the time is right for the sport to return to the…

Empowering Entrepreneurs to Shape a Sustainable Future: Taynita Harilal and Africa’s Circular Economy

August 23, 2024

OP|ED In South Africa, a transformative tech startup is redefining the entrepreneurial landscape. ECAfrica, founded by the visionary Taynita Harilal, is revolutionizing the support system for African entrepreneurs through its innovative platform and commitment to social impact. As a PhD candidate in Entrepreneurship, Harilal combines academic insight with practical experience to drive this ambitious venture. Addressing the Challenges Faced…

African Development Bank Unveils Country Focus Reports to Boost Africa’s Economic Transformation

August 23, 2024

| Financial News

By Edson Baraukwa | Africa Guardian The African Development Bank (AfDB) has introduced Country Focus Reports (CFRs) aimed at enhancing policy dialogue on the macroeconomic performance and future prospects of individual African nations. These reports are designed to provide strategic guidance on mobilizing private sector investment and leveraging natural capital finance to support the continent’s climate resilience and green…

Africa’s Rapid Urbanization to Create Six Megacities by 2035

August 23, 2024

A recent report by the Economist Intelligence Unit predicts that by 2035, Africa will boast six megacities, each with populations exceeding 10 million, driven by the continent’s rapidly growing young population. Luanda and Dar es Salaam are set to join Cairo, Kinshasa, Lagos, and Greater Johannesburg as megacities, according to the report. These cities will be part of a…

African News Agencies Transform Revenue Streams Amid Digital Challenges

August 23, 2024

By Charles Muchoki | Africa Guardian Since the invention of the printing press, news agencies have grappled with finding sustainable revenue models. Deodatus Balile, president of the Eastern Africa Editors Society and managing editor of Jamhuri Media in Tanzania, highlighted at the recent INMA News Media Summit that the profitability of news media has always been tied to the…

Top 5 Challenges in Finding Executive Talent and How a South African Recruitment Agency Can Address Them

August 23, 2024

By Our Correspondent | Africa Guardian In South Africa’s competitive business landscape, finding the right executive talent is a crucial yet challenging task for CEOs and business owners. The right executive can drive growth and innovation, while a poor choice can result in stagnation or decline. Despite its importance, many organizations struggle to attract and retain top executive talent….

EAC Business Forum Highlights Growth Opportunities Through Intra-Regional Trade

August 23, 2024

By Our Correspondent | Africa Guardian Intra-regional trade among East African Community (EAC) member states is poised for significant growth if the private sector actively promotes the “Buy East African, Build East Africa” initiative. Veronica Nduva, the EAC Secretary General, made this call at a roundtable discussion for chief executives from major companies within the East African Business Council…

Africa’s Data Centre Market and Digital Transformation Pathways

August 23, 2024

By Edson Baraukwa | Africa Guardian Africa’s data centre (DC) market and its evolving digital landscape reflect a dynamic blend of immense potential and significant challenges. As the continent advances toward digital transformation, sustainability in data centre design has become increasingly vital. Africa’s high temperatures require additional cooling, making access to renewable energy crucial, especially for multinational hyperscale providers….

Africa’s Road to Sustainability: Harnessing Global Expertise, Collaboration, and Innovation

August 23, 2024

By Edson Baraukwa | Africa Guardian In an increasingly interconnected world, the pursuit of sustainable development is critical for societies everywhere. Africa, with its diverse ecosystems, rapid urbanization, and growing population, faces unique challenges and opportunities on its journey toward sustainability. Achieving this goal will require collaboration, the exchange of knowledge and expertise, forward-thinking strategies, and the implementation of…

Unlocking Africa’s Potential: The Critical Role of Food Processing in Securing a Prosperous Future

August 23, 2024

| Business Insight

By Edson Baraukwa | Africa Guardian Africa is a continent rich in diverse and resilient crops, ranging from millet, teff, and sorghum to cassava, cowpea, and sweet potato. These crops have the potential to produce a variety of products—from baby food to bread and even beer. However, the continent’s underdeveloped food processing sector is a major barrier to fully…

Harnessing the Power of India and Africa to Propel a Financial Revolution

August 22, 2024

By Our Correspondent | Africa Guardian India and Africa are entering a dynamic new phase in their relationship. Anil Sooklal, the newly appointed High Commissioner of South Africa to India, has been a vocal advocate for the burgeoning ties between the two regions. In a recent speech, he highlighted the “special relationship” shared by India and Africa, emphasizing its…

‘Really heavy to see’: Lewis Hamilton speaks up on plight of refugees in Africa

August 22, 2024

Lewis Hamilton has spoken out over the plight of refugees and displaced people in Africa, decrying the lack of empathy toward them in the UK. He pledged to consider what he could do to support them after an emotional visit to the continent during the Formula One summer break. Hamilton was speaking before this weekend’s Dutch Grand Prix, the first…

Seychelles to Host First Business Incubation Centre for African Woman Entrepreneurs

August 22, 2024

A business incubation centre will be established in Seychelles next year through a virtual signing of a memorandum of understanding between the COMESA Federation of Women in Business (COMFWB) Seychelles Chapter and the Kenya Industrial Research and Development Institute (KIRDI). The agreement, signed on Wednesday, proposes a partnership to deliver business incubation and apprenticeship programme for young men and…

TikTok Enhances Safety Efforts in Sub-Saharan Africa with New Advisory Council and #SaferTogether Campaign

August 22, 2024

| Business News

The newly established Sub-Saharan Africa Safety Advisory Council is a part of TikTok’s global network of advisory councils, designed to provide expert insights on a range of safety issues. TikTok has announced significant strides in enhancing safety across its platform in Sub-Saharan Africa with the launch of its first Safety Advisory Council for the region and the expansion of…

15th Africa Bank 4.0 Summit – West Africa

August 22, 2024

| Corporate Press Release

15th Africa Bank 4.0 Summit – West Africa2nd & 3rd of October 2024La Palm Royal Beach Hotel, Accra – Ghana #africabanksummit Event Link: https://www.biiafricabanksummit.comEvent Registration: https://www.biiafricabanksummit.com/register/Download Event Agenda: https://www.biiafricabanksummit.com/download-agenda/ The 15th Africa Bank 4.0 Summit – West Africa is an international gathering that brings together key stakeholders in the banking and financial industry to explore the latest trends, innovations,…

Nairobi To Host Africa Smart Sustainable Cities Investment Summit

August 22, 2024

Over one thousand delegates are slated to attend the Africa Smart and Sustainable Cities Investment Summit 2024 in Kenya’s capital Nairobi next month. With a total of 99 speakers drawn from over 30 countries, the summit (25-27 September) is also expected to attract about 30 exhibitors and more than 18 ministers and mayors according to organisers. It should be…

I Stayed at One of the Few Black-owned Safari Camps in Africa — Here’s Why You Should, Too

August 22, 2024

Story by Taryn White The multibillion-dollar safari tourism industry is overwhelmingly controlled by foreign nationals and corporations. I recently embarked on an exciting adventure in Tanzania’s famed Serengeti, where I learned there’s no better place to witness the intricate harmony of nature’s ecosystems than on an African safari. And while the Serengeti boasts a stunning array of roughly 150…

Hamilton backs Grand Prix in Africa amid Rwanda talks

August 22, 2024

| News, Sports Update

Seven-time world champion Lewis Hamilton on Thursday gave his “100 percent” backing to a Grand Prix in Africa, with Formula One bosses poised for talks over staging a race in Rwanda. “Why are we not on that continent?” Hamilton asked when quizzed about including an African stop on the Grand Prix circuit. F1 chief executive Stefano Domenicali has set up…

Workshop to unify Africa’s food safety standards, enhance agricultural trade

August 21, 2024

EXPERTS have gathered in Nairobi, Kenya, to discuss harmonizing food safety standards across Africa, a step towards accelerating the continent’s agricultural trade and realizing its full potential. The two-day dissemination workshop on trade and food standards brought together more than 200 delegates to review cooperation between the Food and Agriculture Organization of the United Nations (FAO) and the World…

Corporate or community-led? Africa’s agricultural future at a crossroads

August 21, 2024

Story by Million Belay Late last month, officials from across the continent gathered in Zambia to discuss the next decade of Africa’s agricultural policy. Yet what was marketed as an “inclusive multi-stakeholder consultative process” bringing together a diversity of African voices was instead a contentious process driven by external influences and corporate agendas. The African Union (AU) body coordinating the talks…

African envoys expect deeper ties with China

August 21, 2024

| Current Affairs

By Xinhua News , Agency African diplomats to Kenya have expressed strong optimism for the upcoming Forum on China-Africa Cooperation summit, viewing it as an opportunity to further deepen ties and chart new paths of cooperation toward building a China-Africa community with a shared future. The diplomats, having toured key Belt and Road Initiative projects in Kenya, including the…

Zimbabwean immigrants seek Human Rights support amid intensified crackdowns in South Africa

August 21, 2024

Zimbabwean immigrants in South Africa are increasingly turning to human rights organizations for assistance as they face intensified harassment from South African authorities and citizens. The situation has worsened following a series of raids by South African police, supported by local residents, in the wake of the formation of a government of national unity (GNU) between the African National…

Natural resources, demographic advantage make Africa attractive investment destination: Dhankhar

August 21, 2024

Story by editor@republicworld.com (Press Trust Of India) Africa’s natural resources, demographic advantage and growing economic integration through the African Continental Free Trade Area make it an attractive destination for investments, Vice President Jagdeep Dhankhar said on Wednesday. He also said that India’s new-age digital technologies and its space programme offer mutual benefits for African countries to increase cooperation with…

Uganda Rugby Cranes players to return from South Africa after high-performance program

August 21, 2024

by Ernest Akorebirungi Remember the seven Uganda Rugby Cranes players who spent three months in South Africa undertaking a high-performance program with Blue Bulls Rugby Club in preparation for the 2024 men’s Rugby Africa Cup? They were attached to Harlequin Rugby Club and played in the Carlton Cup before returning home for the Africa Cup in July. Quins and…

How Africa fared in Paris and hopes for LA Olympics

August 21, 2024

Kenya led the medals’ haul from Africa with 11 medals, including four gold • Stephen Granger takes a closer look at Africa’s performances in Paris 2024 Games • He also maps out the continent’s journey toward the 2028 Olympics in Los Angeles For a little over two weeks, hundreds of thousands of Paris-based spectators and billions globally were treated…

Africa’s talent pool: Ready to power the global economy

August 21, 2024

Over the past decade, I have had the privilege of developing over 110,000 African talents, and what I have seen is nothing short of remarkable. Africa is on the cusp of a major transformation, and its talent pool is not just ready, but perfectly positioned to power the global economy. As international investors look to tap into new markets…

Unlocking Africa’s Digital Potential: Addressing Challenges and Paving the Way Forward

August 21, 2024

| News, Tech Updates

By Our Correspondent | Africa Guardian As Africa steps into the digital era, the expansion of data centres (DCs) is pivotal to its technological progress. These centres are crucial for sustaining global commerce and connectivity, facilitating cloud services, e-commerce, and seamless communication. However, several obstacles hinder their growth, and addressing these challenges strategically is vital for accelerating Africa’s digital…

Anthony Joshua called out for showdown in Africa with feared heavyweight

August 20, 2024

| Columns, News

Martin Bakole is eyeing a homecoming fight in Africa and believes Anthony Joshua would be the perfect opponent for that. Bakole was born in Congo but now resides in Scotland, whilst Joshua, who was born in London, has Nigerian heritage. Bakole saw his stock catapult after blowing away Jared Anderson in five rounds in Los Angeles earlier this month,…

Seven African footballers to watch on ESPN Africa this season

August 20, 2024

| Football, News

Another new season, and another opportunity for Africa’s most eye-catching players to prove their quality across the world’s biggest leagues. From household names to exciting up-and-comers, here are seven African stars to keep tabs on across ESPN Africa and beyond during 2024-25. Tolu Arokodare (Belgium Pro League) Gift Orban may have departed the Jupiler Pro League — which is…

Electra Mining Africa 2024: A record-breaking event in the making

August 20, 2024

| Magazine, News

As the countdown to Southern Africa’s biggest trade show begins, the excitement for Electra Mining Africa is reaching fever pitch. Exhibitors, participants and visitors are all preparing for an unparalleled display of innovation and industry prowess and excellence. Thousands of innovative products and technologies are being meticulously polished to take centre stage, each poised to dazzle and inspire. South…

US, Russia compete for Africa’s nuclear power deals

August 20, 2024

• The two global powers are aggressively entering the emerging African nuclear energy market with custom solutions • They’re offering knowledge transfer skills and educational partnerships to countries with nuclear power ambitions The United States and Russia are looking to increase their influence in the nascent African nuclear energy market as more African countries seek to pursue power generation from…

Africa: Blockchain currency and the future of digital security

August 20, 2024

| News/Blockchain

Blockchain Currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto, introduced the world to a decentralized form of currency As more aspects of our lives move online, the need for robust security measures becomes increasingly critical. Among the numerous innovations in digital security, Blockchain Currency stands out not only as a pioneer in the world of…

‘The church in Africa is a church that is not afraid to speak,’ says Cardinal Hollerich

August 20, 2024

| News/Religion

By Juste Hlannon (in Cotonou) INTERVIEW: Cardinal Jean-Claude Hollerich of Luxembourg, a member of the pope’s Council of Cardinals, visited Benin August 17-19. During his stay, he participated in the 70th national Marian pilgrimage at the Our Lady of Arigbo Sanctuary of Peace and Unity in Dassa-Zoumè. La Croix International: Why did you agree to participate in this Marian…

2024 FOCAC Summit : Towards a closer China-Africa community

August 20, 2024

| Africa, FOCAC-2024

By Xinhua News, Agency 2024 FOCAC Summit The 2024 summit of the Forum on China-Africa Cooperation (FOCAC) will be held in the Chinese capital city of Beijing from Sept. 4 to 6. The summit is expected to include the participation of African heads of state, as well as representatives from regional and international African organizations involved in summit-related activities….

Experts hail Xi’s role in China-Africa relations

August 20, 2024

| China-Africa relations, News

By Xinhua News , Agency A South African scholar has launched a new book that outlines the success of the Forum on China-Africa Cooperation and Chinese President Xi Jinping’s contribution to its growth ahead of the forum’s summit next month. The book, titled Xi Jinping and the Flourishing Forum on China-Africa Cooperation in the New Era, was launched by…

Africa’s oil giants: The top 10 countries by reserves in 2024

August 20, 2024

By Chisom Michael Africa plays a crucial role in the global oil market, with the continent holding a significant portion of the world’s proven oil reserves. Africa’s oil reserves represent approximately 7.5% of the global total, serving as an essential energy source for both the continent and international markets. The oil industry is a key component of economic growth…

Africa Not Cursed, Can Break Free From Colonial Shackles

August 20, 2024

By Richard Ogunsile It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural resources, and a vibrant, youthful population. Yet, despite its immense potential, Africa continues to face significant challenges in its development. It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural…

SAP, business leaders meet to discuss innovation potential for East Africa

August 19, 2024

| Business, News

Business leaders, technology partners and SAP experts met this week to discuss the role and potential of innovation to power East Africa’s economic development and growth. Hardeep Sound, Regional Sales Director: Emerging Africa at SAP, noted that organisations throughout the region are investing in business transformation and technology for greater efficiency and resilience. “Interest in business AI and cloud…

African Energy: Making it work for everybody

August 19, 2024

By Luca Vignati Africa is a continent with a growing economy demanding sustainable development for its millions of inhabitants. This is particularly true as it is such a “young continent” in terms of population age. At the same time, the continent is blessed with multiple energy opportunities to fuel this transition phase – from oil to gas to renewables, such…

Kizimkazi festival starts, Mwinyi targets tourists

August 19, 2024

THE KIZIMKAZI Festival offers a valuable opportunity for Unguja South Region to enhance its appeal as a leading tourism destination, the Zanzibar authorities believes. President Dr Hussein Ali Mwinyi made this remark at the launch of the 2024 Kizimkazi Festival here yesterday, affirming that it has a role in transforming the economy. The week-long festival plays a significant role…

Africa: Tax application stays are distorting intra-EAC trade, Nduva cautions

August 19, 2024

| Financial News

Stay of application and duty remission for industrial inputs are part of measures adopted n 2020 by the EAC The East African Community Secretariat has cautioned the private sector in partner states against frequent requests for stay of application of tax on products that are readily available in the region. Speaking during the Kenya Private Sector Alliance (Kepsa)-EAC Secretary-General…

Why Key Global Players Are Turning Their Focus On Africa

August 19, 2024

With geopolitical confrontation and tensions deepening, the key global players are swiftly turning their focus on Africa. In practical terms, African leaders are also making strategic choices based on their development paradigms. These leaders are forced to work on their election campaign promises, especially those relating to economic development and set comprehensive targets for improving performance. After the presidential…

$40 000 in prize money won by four leading African entrepreneurs

August 19, 2024

| The Anzisha Prize

Africa’s premier youth entrepreneurship initiative the Anzisha Prize this month announced the 2024 Prize winners at their annual Entrepreneurship Education in Africa Awards (EEA) gala event held in Johannesburg, South Africa. The overall winners were Mathias Yabe, Nzinga Antonio, Sharon Alyorneku and Ivo Bonfirm. Each prize, while distinct recognises the ability of the winners to successfully transform their business. Not…

Empowering the Future: Nestlé’s Commitment to Youth Development in Central and West Africa

August 19, 2024

In Central and West Africa (CWA) region, young people are at the forefront of many transformative initiatives. Their creativity and resilience are evident in various fields, from technology, entrepreneurship to environmental conservation. International Youth Day offers an opportunity to recognise and celebrate these contributions, while also addressing the barriers that still need to be overcome. The 2024 theme, “From…

This China-Africa learning event by academics could be rewarding

August 19, 2024

| China-Africa relations

SOME unpredicted gatherings come up in the nick of time when something massive is indeed happening, with such consultations helping to unlock a riddle relating to a rise in havoc or chaos in African economies and the continent’s political landscape. Those who have been friends some major power don’t have much to show for, as major economic powers have…

UFC Plans to Host Tournament in Africa by 2025

August 19, 2024

| Entertainment, News

During a press conference, David Shaw, Senior Vice President of the American MMA promotion UFC, addressed inquiries about when the organization plans to hold a tournament in Africa. According to Shaw, the timing will depend on the approval of UFC President Dana White. Should White give the green light, the organization will begin planning the event immediately. However, Shaw…

World Humanitarian Day – UN Demands Action As Aid Worker Deaths Hit Record High

August 19, 2024

United Nations Office for the Coordination of Humanitarian Affairs (New York) Aid workers on the frontlines of the world’s conflicts are being killed in unprecedented numbers, OCHA said today as it marked World Humanitarian Day. With 280 aid workers killed in 33 countries last year, 2023 marked the deadliest year on record for the global humanitarian community. This outrageously high…

It’s time for Africa’s fair representation in world institutions

August 18, 2024

Written by Abbey Makoe AFRICA’S role, or lack thereof, came into sharp focus when the UN General Assembly debated under-representation of the continent in the global governance system, particularly at the UN Security Council. The debate, which took place at the beginning of the week, was called by Sierra Leone, whose leader, President Julius Maada Bio, made a compelling…

Will UFC finally come to Africa?

August 18, 2024

| Entertainment, News

“Tonight Africa won regardless,” said a victorious Dricus du Plessis after submitting Israel Adesanya to retain his middleweight title at UFC (Ultimate Fighting Championship) 305 in Perth, Australia, on Sunday. In its 31-year history, UFC has become one of the most popular sporting tickets in town. But the build-up to this contest highlighted a part of the world that…

Churches may pay tax on their collections, Rwanda President Kagame says

August 18, 2024

| Financials, Life, News Update

Rwanda’s President Paul Kagame says he might introduce a tax on church collections, seeking to tame what has turned out to be extortion and exploitative tendencies by evangelical clerics. In his first address after taking a new oath of office this week, the Rwandan head of state, strongly criticised church leaders who masquerade under the cover of God to…

Africa energy lobby decries funding discrimination

August 18, 2024

| Africa, Energy

The African Energy Chamber (AEC) is protesting what it sees as discrimination by Western lenders in supporting the continent’s oil and gas projects, with owners and investors forced to suspend development plans, or into alternative local sourcing. Nj Ayuk, the chamber’s executive chairman, told The EastAfrican that by refusing to bankroll Africa’s oil and gas projects, with a direct…

Somalia executes 10 Al Shabaab insurgents, police say

August 17, 2024

Somalia’s semi-autonomous state of Puntland executed 10 fighters from Islamist militant group Al Shabaab on Saturday, the region’s police said in a statement. The executions, by firing squad, in Galkayo in the state’s Mudug region, followed a trial of the fighters in a military court where they were sentenced to death for involvement in assassinations and bombings in several…

African Nation to Get New $5 Billion Capital City

August 16, 2024

| Africa, Infastructures, News

The Government of Tanzania has launched the construction of a new capital city, with a price tag of $5 billion. The city, named Magufuli, would be a new administrative capital for the East African country, located 17 kilometers from the current capital, Dodoma. It would house mainly government buildings and services, and cover over 617 hectares of land. Named…

Africa becomes next global manufacturing powerhouse

August 16, 2024

| Africa, Industrialization, News Update

The lack of financing options, particularly for small and medium-sized enterprises (SMEs), stifles innovation and hinders business growth. Africa is rapidly positioning itself as a key player in the global manufacturing landscape, offering unprecedented opportunities for growth and investment. With manufacturing contributing over 10.5 percent to the continent’s GDP, Africa is on the cusp of a manufacturing revolution, driven…

How scaling up clinical research in Africa can benefit society and the economy

August 13, 2024

| Africa, Finance, Health

Demographic trends define Africa as the world’s fastest-growing region, with its population potentially doubling by 2050. As the continent achieves significant progress in the control of infectious diseases, the rise of non-communicable conditions, in parallel with the possibility of emerging pandemic pathogens, is adding more pressure to already strained healthcare systems and posing challenges to continental development ambitions. According…

How to finance Africa’s future economic development

August 13, 2024

| Africa, Economy Insights

The current global financial architecture faces significant challenges in addressing the financial needs for climate action, sustainable development, and debt management. The calls for reform are growing louder, seeking to create a more equitable, inclusive, and sustainable financial system. Increasing the representation of developing countries, particularly African nations, in global economic decision-making processes is crucial for the continent’s development…

Tobacco sales: Tanzania now second placed in Africa yield

August 7, 2024

| Agribusiness, News

Tanzania ranks second in tobacco production in Africa after Zimbabwe. TANZANIA is the second main tobacco producer in Africa after Zimbabwe, a milestone achieved following President Samia Suluhu Hassan’s decision to change policies and attract investments while enabling farmers to access inputs. Agriculture minister Hussein Bashe made this observation here yesterday in remarks to welcome President Samia to place…

Toyota’s global sales, output hit record 5.6 million vehicles

October 30, 2023

| Internation Business News, News

April–September sales surged 8.3% year-on-year, thanks to strong demand and improved supply chains. Toyota Motor Corp’s global sales climbed 8.3% in April to September from a year earlier to a record 5,596,183 vehicles, putting the world’s biggest carmaker on track for another year of strong gains thanks to robust demand and improving supply conditions. Global production in the fiscal…

British Airways celebrates as inaugural service from London Gatwick to Accra successfully touches down

October 30, 2023

British Airways’ first flight from London Gatwick to Accra touched down at Kotoka International Airport yesterday at 18.26 local time. By Matt Pole The inaugural service received a warm West African welcome as it taxied to stand, with dancers, drummers and a VIP delegation, including the British High Commissioner to Ghana, Harriet Thompson, greeting customers as they…

Tanzania: Dar es Salaam, Berlin to Boost Ties

October 30, 2023

By Sophia Kumkana THE future prospects of economic and trade relation between Tanzania and Germany are set to hit new heights, with the visit into the country by the latter’s President Frank-Walter Steinmeier starting today. In the course, Germany’s top leaders will visit four African countries this week, including Germany Chancellor Olaf Scholz, who departed Berlin for Nigeria yesterday,…

Kenya to become visa-free to African visitors

October 29, 2023

Kenya is to end visa requirements to all African visitors by the end of the year, President William Ruto has said. “It is time we… realise that having visa restrictions amongst ourselves is working against us,” he told an international conference. Visa-free travel within the continent has been a goal of the African Union (AU) for the past decade….

Kikwete to Dr Tulia: You made us proud

October 29, 2023

DAR ES SALAAM: FORMER President Jakaya Kikwete has joined other famous figures across the world to congratulate Speaker Dr Tulia Ackson for being elected as the President of the global Inter – Parliamentary Union (IPU). Dr Tulia’s victory makes her the 31st president of the IPU and the first woman from the African continent to hold the position. With…

Germany President Steinmeier visits Dar tomorrow

October 29, 2023

TANZANIA: German president Frank-Walter Steinmeier , is expected in Tanzania on Monday, ready to begin his three-day official visit. President Steinmeier will be accompanied by a delegation of business leaders from top German companies who will participate in a Business Forum with their Tanzanian counterparts and officials in Dar es Salaam on 31st October,2023. President Steinmeier will hold official talks…

Ruto urges African leaders to accelerate realisation of AfCFTA agreement

October 28, 2023

President William Ruto has called on African leaders to accelerate the realisation of the Africa Continental Free Trade Area (AfCFTA) agreement. The President said AfCFTA will increase intra-Africa trade thereby creating jobs and wealth for the people. President Ruto noted that Visa restrictions between African countries and tariffs are unnecessary hindrances to trade. “It is time we realise the…

Kigali to Host Africa’s Business Heroes Summit and Grand Finale in November

October 28, 2023

The City of Kigali will, from November 23 to 24, witness the celebration of top entrepreneurs competing in real-time for the 2023 Africa’s Business Heroes (ABH) prize competition, and their share of $1.5 million in unrestricted grant funding. The competition, now in its fifth year, is sponsored by the Jack Ma Foundation and Alibaba Philanthropy to shine a spotlight…

Tanzania best investment destination in East Africa

October 28, 2023

DAR ES SALAAM: TANZANIA is the most preferred investment destination in East Africa for investors eyeing to explore the region in the next two years, according to survey conducted by KPMG advisory firm. The survey shows 15 per cent of respondents on 150 C-suite level and senior executives in the region say they would consider investing in Tanzania behind South…

Sebenza Women Awards: Business pioneers celebrated

October 26, 2023

From championing economic growth to challenging poverty, the awards shine a light on women who redefine leadership and success The Sebenza Women Awards ceremony, held at the Durban International Convention Centre (DICC) on October 6 2023, was a swirl of black and gold decor. The ceremony was in recognition of the important role women play in society, and in…

In South Africa All parents are entitled to four months parental leave, rules High Court

October 26, 2023

Sections of the Basic Conditions of Employment and the Unemployment Insurance Fund acts declared unconstitutional Sections of the Basic Conditions of Employment Act (BCEA) and the Unemployment Insurance Fund Act have been declared unconstitutional because, when it comes to “maternity leave”, they unfairly discriminate against mothers and fathers, surrogate parents, and those who adopt children. Johannesburg High Court Judge…

Richard Roundtree, Black action hero who played ‘Shaft,’ dead at 81

October 26, 2023

Richard Roundtree, a trailblazing Black actor who played the private eye John Shaft in the “Shaft” films of the 1970s and also took on dramatic roles dealing with race relations in America, died on Tuesday aged 81, the Hollywood Reporter said, citing his manager. Roundtree died at his home in Los Angeles of pancreatic cancer, the Reporter said, citing…

BREAKING: Ethiopian Airlines Finally Breaks Silence on the Nigeria Air Project

October 26, 2023

| Business News

The leadership of Ethiopian Airlines has opened up on the controversy over the Nigerian Air initiative of the past administration of Former President Muhammadu Buhari. POLITICS NIGERIA recalls that the former Minister of Aviation, Senator Hadi Sirika, had floated the airline on May 27. However, it was later discovered that an aircraft belonging to Ethiopian Airlines was used to…

Renault announces eight new models for global markets

October 26, 2023

| Business News

With the new Renault Group modular platform, the carmaker aims to build cars between four and five metres in length with various powertrains. French carmaker Renault has announced that it will invest €3 billion (over Rs 26,000 crore to launch eight new models outside Europe for global markets by 2027. Out of these eight, five will be from the…

How business reforms attract more investors in Tanzania

October 19, 2023

TANZANIA’s Government is currently attracting more investors thanks to deliberate efforts to improve business environment. According to a Dubai-based Surfaces Furnishing Group Managing Director, Mr Rashid Yousif, the move has propel the flow of foreign direct investment to Tanzania. “Tanzania has simplified its business procedures, making it easy for investors to inject their capital in key and strategic investment…

African operators call for fiscal policy reforms at MWC Kigali

October 19, 2023

The Africa-focused GSMA event MWC Kigali 2023 is well under way and is proving a useful platform for some major service providers to comment on government policy across the continent – notably on taxation. In fact six CEOs, representing some of the continent’s biggest operators, have published a communique at the show urging governments to establish new policies to…

Can Africa fund its economic development? Business Africa

October 19, 2023

| Current Affairs

Story by Nadia Colombe Gbane In this week’s episode of Business Africa, Can Africa fund its economic development? Africa stands at a pivotal crossroads, grappling with political instability, climate change, and the urgent need for economic development. With a youthful population, the continent is becoming an attractive consumer market, drawing attention from supply chains worldwide. Amid these issues, one…

Africa Roundtable Positions U.S. as a Critical Energy Ally at African Energy Week (AEW) 2023

October 19, 2023

A high-level roundtable discussion at the 2023 edition of African Energy Week (AEW) highlighted how the U.S. and African countries can continue to partner across technology, policy and investment. The session began by delving into the U.S.’ relationship with Equatorial Guinea – in which it is the largest single foreign investor – and emphasized the need to identify bankable…

Explained: What’s At Stake For Egypt As Israel Fights Hamas

October 18, 2023

Egypt openly expresses its commitment to the Palestinian cause. This is because Palestine’s quest for self-determination is a central Arab and Islamic cause. As the Israeli-Hamas crisis continues, a great deal of focus is shifting to Egypt. Egypt shares a border with both Israel and Gaza – the narrow strip of Palestinian territory which is currently under blockade following…

BRI pioneers green infrastructure in Africa

October 18, 2023

The China-proposed Belt and Road Initiative is a vast, ambitious infrastructure and economic development project spanning across continents. As for China-Africa Belt and Road cooperation, one of its most significant and promising facets is its emphasis on green infrastructure projects, renewable energy development, and ecological conservation measures. At a time when the world is grappling with environmental challenges, Sino-African…

Ethiopia prime minister: Africa is becoming economic, political and social powerhouse

October 18, 2023

Story by Reuters Africa is now realising its potential and capacity, with the formerly side-lined continent harnessing its demographic dividend and natural resources and becoming an economic, political and social powerhouse, Ethiopian Prime Minister Abiy Ahmed said on Wednesday. The African continent has particularly suffered the consequences of the climate crisis and conflict in other parts of the world,…

A Window of Opportunity to Build Critical Mineral Security in Africa

October 11, 2023

Commentary by Gracelin Baskaran China is a few decades ahead of the United States in its commercial diplomacy efforts on the African continent. Chinese foreign direct investment (FDI) increased from $75 million in 2003 to $4.2 billion in 2020. The value of trade between China and Africa has risen from $10 billion in 2000 to a record $25 billion…

Gates Foundation Allocates $30 Million Towards Advancing AI In Africa

October 11, 2023

| News, Tech Updates

The investment is the foundation’s latest effort to bring the benefits of AI to low- and middle-income countries. On Tuesday, The Bill & Melinda Gates Foundation announced a $30 million investment in a new AI platform in Africa that it says will aid scientists in developing solutions for healthcare and social issues across the continent. The foundation hopes the…

Nigeria Rises to 4th in Africa’s Trade Rankings

October 11, 2023

| News Update, Report

The latest Africa Trade Barometer has revealed that Nigeria has moved up four positions from eighth to forth in the country rankings. The Stanbic IBTC Holdings Plc shared some of its latest findings from the Africa Trade Barometer 2023 Issue three report. The report, which assesses key economic indicators in Africa, highlights several noteworthy developments across African countries. According…

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