Our Correspondent | Africa Guardian John Nicolakakis transformed Roman’s Pizza from a modest chain of fewer than 30 stores into South Africa’s second-largest pizzeria. Today, Roman’s Pizza stands as one of the country’s most successful fast-food chains and recently claimed the top spot in BusinessTech’s pizza taste test. But this achievement didn’t come easy—it’s a story marked by hard…
By Edson Baraukwa | Africa Guardian The Bank of Tanzania (BoT) has granted CRDB Bank Plc a No Objection Certificate (NOC) to expand its operations outside Africa, marking a historic first for the Central Bank. This milestone acknowledges CRDB’s financial stability and strong performance, setting a new precedent in the region’s banking sector. A Pioneering Move BoT Governor Dr….
Our Correspondent | Africa Guardian China, Tanzania, and Zambia have signed a memorandum of understanding to revitalize the 1,860-kilometer railway connecting Tanzania and Zambia, according to Xinhua news agency. This $1 billion initiative, proposed by Beijing in February, aims to enhance Zambia’s access to global markets. The railway stretches from Dar es Salaam, Tanzania’s port capital, to Kapiri Mposhi…
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…
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…
Adesina also spotlighted the African Development Bank’s strategic High 5 program as a cornerstone for progress, as underscored by an independent analysis by the United Nations Development Progr RIYADH, Saudi Arabia, April 29, 2024/APO Group/ — Adesina delivers a keynote address as the Islamic Development Bank marks its 50th anniversary. Climate and health initiatives are of paramount importance. African…
From 3 to 4 May, the Mohammed VI Polytechnic University of Rabat is organising, in collaboration with the University of Aix-Marseille and the CNRS, the 13th edition of the Arbois and Mediterranean Round Tables in Aix-en-Provence, on the theme of “Hydrogen tomorrow: myths and realities”. This edition will bring together elected officials, industrial leaders, research and innovation players, students…
Paul Theron, MD at Vestact Asset Management, and South African fashion designer David Tlale speak to The Money Show’s Bruce Whitfield about French multinational LVMH. A 5% rise in LVMH’s share price in mid-April saw the company’s market capitalisation reach $486 billion, briefly ranking it as the world’s 10th-biggest company. The luxury-brand powerhouse also becomes the first European company…
Summary What started off as a story about a Spanish man who fell in love with Tanzania turned out to be the start of a major business franchise that has revolutionized the industry in the country. What started off as a story about a Spanish man who fell in love with Tanzania turned out to be the start of…
NEWLY appointed American Ambassador to Tanzania Michael Battle has listed his top priorities for promoting trade and investment between the two countries during his tenure in office. The former US Ambassador to the African Union said he would work with the government of Tanzania and its people to expand trade opportunities. According to him, all US ambassadors are responsible…
By Anthony Muchoki Dr. Agnes M. Kalibata, President of AGRA, has commended the Tanzanian government for taking a significant step towards enabling youth to participate in food system transformation. A strong advocate for youth empowerment in agricuture, Dr Kalibata believes that “the younger generation needs to have productive, meaningful lives. Let’s give them the technologies and opportunity to be…
Summary Tanzania and the EU have developed very cordial relations since President Hassan assumed office in March 2021 Dar es Salaam. Over 600 investors and business leaders from the 27-member European Union (EU) are lined up for a mega business forum in Dar es Salaam next month as they seek to capitalise on Tanzania’s current pro-business policies to boost…
APM Terminals, Apapa notified exporters that with effect from January 1st, 2023, Renomination Fee for export cargoes at APM Terminals, Apapa will now be N30,000 per container from the initial N10,000 per container Nigeria – Exporters at the Lagos Ports Complex (LPC) have expressed lamentations over the increment of Renomination Fee for export cargoes by Nigeria’s largest container terminal…
Tanzania will host the AGRF 2023 Summit, the announcement was made by Her Excellency Samia Suluhu Hassan, the president of the United Republic of Tanzania and H.E Hailemariam Dessalegn, the Chair of the AGRF Partners Group on the sidelines of the U.S. Africa Leaders’ Summit currently taking place in Washington, DC. The AGRF, Africa’s Food Systems Forum, is the…
When Clement Kiptoon first set foot in Lamu in January 2020, all he had was a librarian’s certificate and lots of hope in a county kilometres away from his family’s home in Baringo. Kiptoon completed his Higher National Diploma in Library Archives and Information Science in 2017 after studying and graduating at the Nehema Institute of Science and Technology…
President of the two countries are discussing the issue Kenya Airways (KQ) and South African Airways are collaborating to form a pan-African airline, Kenyan Wall Street Exchange reported. Kenya’s President William Ruto and his South African counterpart Cyril Ramaphosa are discussing the plan at a high level. “We have agreed that that agreement should be progressed forward as it…
Trade volume between Tanzania and Türkiye has increased to 300 million US dollars (700bn/-), in the past ten years, thanks to continued efforts by the Embassies of the two counties in strengthening further the existing economic and diplomatic ties. This was unveiled by the Ambassador of Türkiye to Tanzania Dr Mehmet Gulluoglu during an event to mark 99th anniversary of…
– Members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) who recently paid a visit to Aliko Dangote’s multi-billion-dollar refinery disclosed that the refinery is 97 per cent near completion. The NMDPRA disclosed the news in Abuja when representatives of the Dangote Petroleum Refinery presented the work plan for the facility for 2022/2023, Daily…
Bloomberg plans to expand its TV presence in Africa to serve the growing audience of business and financial news consumers based on the continent or interested in the region as an agent of global markets, a statement by the firm has said. The firm’s verified Twitter handle notes that Bloomsberg TV offers “breaking news. In-depth analysis. Market-moving scoops. Exclusive…
Promising recent resource finds in Mozambique and Tanzania bode well for Africa’s future. Exploration is being pursued with renewed vigour, and the world’s energy companies are keenly eyeing the continent. Mozambique and Tanzania have signed two cooperation agreements in Maputo, focusing on combating terrorism and fighting crime. Mozambique is currently fighting Islamist militants in the country’s gas-rich northern Cabo…
The Nigeria-Morocco Gas Pipeline Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco. The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, on Thursday said the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries with the African region. Mr Kyari said…
Businesses in Africa need to be more serious about doing business in Africa. This, for Ivorian businessman Boris Konan, is the best solution to building a more prosperous Africa. Konan, who was born and raised in Abidjan, Côte d’Ivoire, is a serial entrepreneur. He created his first company (that developed websites), while still a student in France, where he…
KFC South Africa has launched a new “ultra-modern” outlet in Cape Town featuring the latest in restaurant technology. The fast food giant said its revamped Pinelands restaurant was designed to make customer service quicker, easier and seamless. KFC Africa chief operations officer, Thuthuka Nxumalo, said that businesses were moving into a “new era of customer experience”. “The approach to…
UGANDAN Minister of State for Works and Transport, Mr Byamukama Fred has expressed his country’s readiness to strengthen business cooperation with Tanzania, following notable improvements in transport infrastructure in the Central Corridor. He made the remarks mid this week during his tour of Isaka Dry Port in Kahama District of Shinyanga region and Mwanza South Port in Mwanza region,…
The United Kingdom(UK) government is planning a £235 million capital investment in the hydropower sector in Africa. UK Prime Minister, Boris Johnson, while in Rwanda for a meeting with Commonwealth leaders, said, he welcomes Green Industrial Revolution ‘sweeping across Africa.’ “The major new UK investments and public-private partnerships are turbocharging the clean energy transition in Africa,” Boris said at…
Amazon, a global e-commerce technology company, is reportedly set to expand to African countries including South Africa and Nigeria in 2023, according to news that was first published by Business Insider. Belgium, Chile, and Colombia are also among the five markets that the giant e-commerce company is set to penetrate next year, according to leaked documents that were seen by…
Summary The increased exports to the neighbouring country has forced the Tanzania Revenue Authority (TRA) to post its officials to Mombasa and Nairobi to facilitate pre-arrival clearance of goods Arusha. Tanzania exported goods worth $ 118.6 million in the first quarter (January to March) of this year, it was revealed on Wednesday.The increased exports to the neighbouring country has…
There has been no change in control of Tenke Fungurume Mining, majority owner China Molybdenum has said, contradicting authorities in the Democratic Republic of the Congo who said a temporary administrator had taken control of one of the world’s largest cobalt and copper mines. The secretary-general of Congo’s state mining company Gecamines told Reuters on Thursday that a court-appointed…
As smartphones and internet technologies become increasingly accessible in Africa, the continent has become a lucrative market for the eCommerce industry. According to the numbers presented by StockApps.com, the African eCommerce market will reach annual revenue of $46.1 billion by 2025. Africa is shaping up to be the next hotbed for internet-based businesses. As smartphones and the internet become…
(RTTNews) – Swedish audio streaming platform Spotify Technology S.A. said it aims to reach a billion users over the next eight years, by 2030, and $100 billion revenue annually in the next 10 years. In its first investor day since going public in 2018, in New York, the company said it expects high-margin returns from its expansion into podcasts…
Convened by the UN Global Compact, Chief Executive Officers from across Africa announced the launch of the Africa Business Leaders Coalition (ABLC). The Coalition will provide a platform for African business leaders to have a unified private sector voice as they actively and meaningfully engage to work on the continent’s most pressing issues through an organized, forward-looking, principles-based approach. The…
Mercedes-Benz aims to become a ‘dedicated pure-play luxury car company’ and will strategically target higher profitability by elevating its product portfolio and securing its place in the electric vehicle (EV) market. It’s a fascinating time for car manufacturers. With the global electric mobility movement well underway, the survival and success of any car brand will depend on its ability…
Mauritius, South Africa and Tunisia are Africa’s top three B2C E-commerce Markets . The two largest B2C e-commerce markets in the world, are China and the United States Mauritius remains by far the most prepared country for e-commerce in Sub-Saharan Africa, according to UNCTAD’s Business-to-Consumer (B2C) E-commerce Index 2020. The index scores 152 nations on their readiness for online shopping,…
Panasonic Marketing Middle East & Africa (PMMAF) restated its commitment to MEA market expansion and consumer well-being at its regional convention held in Dubai, that unveiled the brand’s new global motto -‘Live Your Best’ The new slogan embodies Panasonic’s commitment to providing solutions that make life simpler, safer, healthier, and more enjoyable for the customers, helping them to live…
The French public and private sectors are expected to invest about $4.2 billion (Sh9.7 trillion) in various areas in Tanzania, including energy generation and distribution; transport and logistics; marine transport; water and sanitation, telecoms and health in the next five years Dar es Salaam. The French public and private commitment for Tanzania over the next five years will in total…
The bank’s total assets also rose by 4.1% United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross earnings rose by 18.3% from $370mln (N155.4bln) in 2021 to $437mln…
The region is slowly morphing into the new ‘Middle East’ in regard to oil and gas. But this will entirely depend on how well East Africa can diversify her economies on the back of the resources. South Sudan, Kenya and Uganda hold the region’s 10.8 billion barrels, with more barrels expected during exploration of new blocks, according to a…
The UK is to support the implementation of the African Continental Free Trade Area UK launches programme of up to £35m to support negotiations and implementation of the African Continental Free Trade Area (AfCFTA). The AfCTFA is expected to lift 30 million people out of extreme poverty, create jobs, and provide new commercial opportunities for businesses across Africa and…
Over 11 previous editions, it has awarded around €555,000 to African business projects with positive social and environmental impacts in various sectors March 28 marks the opening of the 12th Orange Social Venture Prize in Africa and the Middle East. Candidates can submit their applications until May 27 on the website https://POESAM.Orange.com . POESAM was launched in 2011. Over 11 previous editions, it has…
Africa’s leading e-commerce builder, StartWeb, has partnered with Haptics Academy, a training and technology solutions organisation and a ‘Grow with Google partner, to facilitate a free training program specifically designed for African entrepreneurs and small business owners. A statement by IDAfrica said the goal is to tutor over 1,000 business owners to expand their operations and upgrade their skills…
Summary The knowledge and understanding of the technical intrigues of the market is not one a neophyte can master on a weekend or a short course. The popularity of the international forex market has made it the largest financial market in the world. According to a 2019 BIS report, the daily volume of forex traded amounts to $6.6 trillion….
2021 was a historic year for Africa. The African Continental Free Trade Area (AfCFTA ) came into effect, having been signed by 54 of the continent’s nations. More than a year on, governments are now working to facilitate trade by removing tariffs on thousands of products across Africa. Kenya, Africa’s sixth-largest economy, hopes that the deal will cement the…
On Tuesday, Aliko Dangote, the richest person in Africa, opened the continent’s largest fertilizer plant. The Nigeria plant’s opening comes amid disruptions in fertilizer supplies due to sanctions against Russia. On Tuesday, Africa’s richest person, Aliko Dangote, opened the continent’s largest fertilizer plant in Nigeria. Demand is already knocking at the door. “People are begging us to sell,” Dangote…
Over 2,000 energy experts and government officials are expected to descend on South Africa’ s Cape Town in October when the city hosts the annual Africa Oil Week Organisers said on Tuesday that Africa Oil Week, which is the continent’s premium energy conference and is scheduled for 3-7 October, will run concurrently with a sister event, Green Energy Africa…
PAN African music streaming service, Mdundo, has announced a 22 percent growth in its user base in the last quarter of 2021. The platform recorded 20 million users at the end of further quarter, up from 16.3m/-, in the third quarter and that is driven by strong demand for an easy-to-use music service coupled with aggressive expansion into new…
Across Africa, a digital revolution is happening, with the fast adoption of emerging technologies, such as drones, robots and smart cities. This revolution is touching several sectors, including agriculture and banking. Although Africa currently trails other regions in terms of digital adoption and maturity, the pace of adoption and infrastructure buildout is happening faster on the continent than any other region in the world. Blockchain technology is another…
We mostly hear about how the COVID-19 pandemic has crushed businesses, big and small, across the world. Almost every industry has taken hard knocks, what with supply-chain challenges across the board. The fashion and sports apparel industry has also suffered, being forced to rely on expensive air freight rather than container ships to complete the supply chain. There have…
The bank got certified by the Top Employers Institute. In Summary •To become recognised as a Top Employer, your organisation needs to be evaluated. •The said survey covers 6 HR domains consisting of 20 topics. Absa Bank Kenya has been named the top employer in Kenya and Africa in the 2022 accolade. The bank got certified by the Top…
Demand for rhino horn in Asian markets, especially Vietnam and China, has pushed the remaining rhino populations to the brink of extinction. In the past decade, nearly 10,000 rhinos were killed by poachers in Africa. The remaining rhino populations in Africa and Asia are steadily declining, with fewer than 30,000 animals left in 2020 from a population of 500,000 at the beginning of the 20th…
Kenyan-based mobile commerce platform and goods distributor Copia Global has raised $50m from investors to fund its expansion into the rest of Africa, the firm said on Thursday. Source: Copia Global Copia is among a group of African startups that aim to use information technology to solve the continent’s problems, like highly fragmented and informal retail markets. “In the…
Hing Pal Singh is among dozens of patients with daily appointments at the Oriental Chinese Herbal Clinic in Nairobi. Singh, 85, has been suffering from spinal problems for five years and is now trying herbal remedies. “There is a slight difference,” Singh said. ” … It’s only a week now. It will take at least another 12 to 15…
Grey Advertising Africa has announced that it will serve as the new creative agency for Rand Merchant Bank (RMB), the corporate and investment arm of FirstRand Bank Limited. Paul Jackson, Grey Africa’s CEO. The agency will be responsible for developing creative and strategic work across media and partnership platforms. Grey will work alongside RMB’s existing digital, brand and media…
The value of the iron and steel imports rose by 69 percent in the nine months to September driven by increased economic activity and a global price rise of the commodities after supply cuts. The latest Kenya National Bureau of Statistics (KNBS) data shows that the imports of iron and steel in the period shot up to Sh120.77 billion…
Dar es Salaam, Tanzania 24th December 2021 –Equity Bank Tanzania has announced the appointment of Ms. Isabel Maganga as the new Managing Director in an acting capacity with effect from 23rd December 2021. Ms. Maganga is a career banker with over fifteen years of experience. She holds a Master of Science in Finance and Investments from Coventry University, a…
By Anthony Muchoki and Ms Stella Clara Massawe Tanzania’s 6th phase government is intensely focused on accelerating private sector development, the Deputy Permanent Secretary (DPS), Prime Minister Office Mr Kaspar Mmuya has assured. He said the government, through the Second Agriculture Sector Development Programme (ASDP II), has articulated the central role of the private sector in agriculture. According to…
Building on user feedback and the success of the EOS R3, Canon’s latest firmware levels up the EOS R5, EOS R6 and EOS-1D X Mark III DUBAI, United Arab Emirates, Canon (Canon-CNA.com) today announces firmware updates for the EOS R5 (firmware v1.50), EOS R6 (firmware v1.50) and EOS-1D X Mark III (firmware v1.60). Following the recent launch of the EOS R3,…
This expansion of the MCB’s scope to the Middle Eastern region is aligned with its mandate to further facilitate transactions to and from Africa PORT LOUIS, Mauritius, The Mauritius Commercial Bank (MCB) (www.MCB.mu) announces that it has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services. Mr Sebastian Graewert has been appointed as the…
Convergence of fast-growing CPaaS, CCaaS, and Digital Commerce sectors drives adoption of Chat Commerce REDWOOD CITY, California, Clickatell (https://bit.ly/3yfdmhr), a leader in mobile communications and Chat Commerce (https://bit.ly/3GqJr8U), collaborated with senior executives across the CPaaS, CCaaS, and Digital Commerce industries to predict the stand-out trends for 2022. The responses point to the consolidation of all three sectors into a…
Now in its 10th year, the PEA awards are the ultimate accolade of success in the African Private Equity industry JOHANNESBURG, South Africa, Verdant Capital (Verdant-Cap.com) has been named by Private Equity Africa as the best Local Financial Adviser for 2021. Private Equity Africa, or PEA is an authoritative journal for private equity investors in Africa and into Africa. …
Digital printing and personalisation are major growth drivers DUBAI, United Arab Emirates, The print industry in Africa and the Middle East is growing despite predictions; Digital printing and personalization are major growth drivers; Sustainability is high on the print industry agenda. The future of print in a digital world was in question even before COVID-19. Yet, according to regional…
Customers of DHL’s Algeria offices can access its digital logistics platform Saloodo!, the entire gamut of CDZ customs brokerage services, and industrial projects DUBAI, United Arab Emirates, DHL (www.DHL.com) to meet growing demand for transport, logistics solutions in Algeria and north Africa; The logistics leader to open an additional office in Oran as part of its growth plans. Following…
The move brings together the ultra-advanced, multi-cloud platform of Paymentology, with the global reach and experience of Tutuka LONDON, United Kingdom, In a move upending the hottest part of the fintech market, two of the world’s leading issuer processors – Paymentology (www.Paymentology.com) and Tutuka – are merging to create a new payments and card processing powerhouse. Operating under the…
Book Review: Reviewer: Anthony Muchoki, email anthony.muchoki@gmail.com Title: Learning from Resilience Strategies in Tanzania: An outlook of International Development Challenges Editors: Dr Pascaline Gaborit, Dr Donath Olomi Publisher: Peter Lang Finance: The 380- page book is co-funded by the European Union for Pilot 4 Research and Dialogue in Tanzania. Genre: Business Environment Authors: William Amos Pallangy; Kaihula Bishagazi; Wambura…
Since 2020, Binance has been offering free cryptocurrency education courses across Africa, on topics ranging from user protection to building careers in blockchain, and is now doing the same for Francophone Africans YAOUNDE, Cameroon, As Binance (www.Binance.com) continues its mission to increase the freedom of money for users, drive blockchain adoption and enable greater accessibility, it remains dedicated to…
Ministerial representatives from the CEMAC sub-region gathered in Congo-Brazzaville on 29-30 November to participate in the CEMAC Business Energy Forum, discussing the region’s development and inter-regional cooperation BRAZZAVILLE, Congo (Republic of the), The CEMAC Business Energy Forum, organized by Pro Meet Up and Learn and ML Consulting, which took place in Congo-Brazzaville on 29-30 November, concluded with interactive reflections…
Binance continues to ensure crypto enthusiasts have access to the right information about the workings of the ecosystem YAOUNDE, Cameroon, Binance (Binance.com), the world’s largest cryptocurrency exchange and blockchain ecosystem, will hold its first offline event for crypto enthusiasts in Cameroon as it continues its mission to increase the freedom of money, drive blockchain adoption and enable greater financial…
Awareness and adoption of digital-first grocery shopping experiences, particularly from a payment perspective, were steadily growing LUSAKA, Zambia, – By Gilbert Lungu, Country Manager for Zambia at Cellulant (https://Cellulant.io/) As established brands in the retail sector aggressively compete to acquire, cultivate, and defend their share of the Zambian consumer’s spend, those that connect, engage, and transact in the most unified and…
Highlighted its advances in dark complexion imaging and recent breakthroughs regarding light sensitivity, image and video stabilization, zoom and high-resolution HONG KONG, China, TECNO (www.TECNO-mobile.com), a premium smartphone brand focusing on global emerging markets, outlined its latest technologies and achievements at a webinar entitled “Global Mobile Camera Trends 2022: Innovation Talk (https://bit.ly/3xNgscr)”. The event was organized with Counterpoint. Webinar…
Burger King partnered with local firm Allied Food & Confectionary Services Limited to make the long-awaited market entry LAGOS, Nigeria, The U.S. Mission in Nigeria hails growing U.S.-Nigeria commercial ties as American brands and franchises expand to Nigeria, bringing jobs and investment. Delivering remarks during the grand opening of Burger King’s first outlet in Nigeria, U.S. Mission Commercial Counselor…
The African Continental Free Trade Area Agreement which entered into force on May 2019 will create the largest free trade area in the world LOMé, Togo, The ECOWAS Commission, in collaboration with the United Nation Economic Commission for Africa (UNECA), organized a meeting on 23-25 November 2021 in Abidjan – Cote d’Ivoire, to review the draft Regional AfCFTA Implementation…
The Programme for Country Partnership (PCP) will strengthen existing and forge new partnerships for the inclusive and sustainable industrial development of Zambia VIENNA, Austria, LI Yong, Director General of the United Nations Industrial Development Organization (UNIDO), and Chipoka Mulenga, Zambia’s Minister of Commerce, Trade and Industry, have signed a five-year Programme for Country Partnership (PCP) on the occasion of the Eighth Forum on Inclusive…
The African Development Bank Group and the Government of Côte d’Ivoire wish to thank previously expected participants and delegations and look forward to hosting the event at a future date ABIDJAN, Ivory Coast, Following consultations with the Government of Côte d’Ivoire and the Board of Directors of the African Development Bank Group (www.AfDB.org), the 2021 Africa Investment Forum scheduled…
Speakers Tarun Pathak, Hervé Macudzinski, Pan Xuebao, and Jimmy Hsu shared their insights on camera innovation, market trends, and the latest developments in imaging technology HONG KONG, During a webinar entitled “Global Mobile Camera Trends 2022: Innovation Talk”, experts in the field of optical imaging technology along with leading industry research analysts discussed how camera systems are evolving, and…
By Faidamax.com Pilot4Research and Dialogue team members have organised a green economy dialogue in Tanzania, on the 30th of November, 2021, which will be online. The organisers note that in the aftermath of the COVID 19 pandemic, green recovery appears to be massive potential for development and youth. The Virtual Dialogue on “Moving Towards Green Economy,” which will explore…
2021 Africa’s Business Heroes Winners Announced The Top 10 represent seven African countries, with 80% operating businesses in rural areas and half of the finalists are female ACCRA, Ghana, — Entrepreneurs from Egypt, Kenya and Nigeria make the Top Three; top 10 Finalists pitched live in a virtual grand finale connecting 14 locations across the world. The 2021 Africa’s Business…
JOHANNESBURG, South Africa/ — APO Group’s (www.APO-opa.com) Senior Account Manager Lerato Chiyangwa is all smiles with her recent accolades received in the annual Standard Bank Top Women Awards 2021 – Africa’s acclaimed business award for women. The Standard Bank Top Women Awards (www.TopBusinessWomen.co.za) recently took place where top tier South African women in business were celebrated and honoured. Thirty-one-year-old Chiyangwa…
The U.S. Agency for International Development (USAID) announced its annual list of high-priority countries for safe and resilient water, sanitation, and hygiene assistance. Aligned with the requirements in the Water for the World Act of 2014, these partner countries will be the primary focus of the U.S. government’s investments to build a more water-secure world amid ongoing challenges of the…
AGRA (Alliance for a Green Revolution in Africa) is analysing the expanding profile of Village-based Advisors (VBAs), to inform the development of AGRA’s 2030 strategy as it seeks to reach even more smallholder farmers. ‘’As we design our next strategy we want to make sure it will be informed by what we are learning from important partners such as…
By introducing multi-sector opportunities within South Sudan, international and regional investors engaged in an inclusive panel discussion surrounding advancements in the country’s oil, gas, and power industries at African Energy Week 2021, held at the V&A Waterfront in Cape Town CAPE TOWN, South Africa– The final day of African Energy Week 2021’s conference and exhibition featured a spotlight on South…
Barrows Hotel Enterprises Focuses on Hotel Improvements The organization has been involved in hotel investments since 2008 and advising hotel operators on acquisitions and operational issues DUBAI, United Arab Emirates, November 12, 2021/ — Barrows (BarrowsHotels.com), the provider of hotel investment and advisory services for hotels in the Middle East and Africa is expanding its professional core activities with Property Improvement…
JOHANNESBURG, South Africa, November 10, 2021/ — Some of Africa and Europe’s biggest blue chip business leaders will convene in Johannesburg this month to unlock economic opportunities in high-growth sectors at the 8th edition of the high-powered “Southern Africa Europe CEO Dialogue”. Organised by The European House – Ambrosetti, N.1 Think Tank in Italy, N.4 in Europe and among the top…
The bank’s liquidity buffer is among the strongest within the AAA-rated peer group, with liquid assets covering 101% of net cash outflows over an 18-month horizon ABIDJAN, Ivory Coast– Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank’s (www.AfDB.org) Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated 28 October…
Evelyn Mudaki-phd on Moi University. After coming across a circular of a looming Closure of Moi University, I have never been so excited yet so traumatized concurrently. I have been in the education field for long and I can, though unscientifically confirm that Moi University, one of the largest universities in Kenya is dead and long gone.I was hired…
USAID ANNOUNCES NEW U.S. GOVERNMENT GLOBAL FOOD SECURITY STRATEGY Administrator Samantha Power has announced the updated and enhanced U.S. government Global Food Security Strategy (GFSS), at an event hosted by the White House and joined by Secretary of Agriculture Tom Vilsack. Administrator Power announced that the updated GFSS aims to contribute to reducing poverty and child stunting by 20…
Following is UN Secretary-General António Guterres’ message for World Cities Day, observed on 31 October: Cities are hubs of innovation and human ingenuity — and potential centres for transformative action to implement the Sustainable Development Goals and build a zero-carbon, climate-resilient and socially just world. The theme of this year’s World Cities Day, “Adapting Cities for Climate Resilience”, comes at…
EMURGO has invested a 7x figure undisclosed amount as a seed investment to Adanian Labs through its newly launched EMURGO Africa investment entity NAIROBI, Kenya, October 15, 2021/ — EMURGO is the official commercial arm of Cardano blockchain; This investment is part of EMURGO Africa, a subsidiary of EMURGO’s new $100 million Cardano ecosystem investment vehicle; The undisclosed funding will…
The project aims to improve the business environment by removing specific bottlenecks that hinder private sector-led growth ABIDJAN, Ivory Coast, October 11, 2021/ — The Board of Directors of the African Development Fund approved on Wednesday in Abidjan, a grant of US $ 10.7 million to São Tomé and Príncipe for the implementation of the first phase of…
NMB People Customer service is reactive and Customer Experience puts the customer at the centre of all decisions. To celebrate, Customer Service Week – Abella Tarimo gives us an insight on the difference between Customer Service and Customer Experience, how the two work in an organization and how customer service has evolved throughout the years. Q. What is customer…
The events took place in the Democratic Republic of Congo, Togo, Uganda, Kenya, Ghana and Nigeria NAIROBI, Kenya, September 24, 2021/ — On Friday, environmental activists and citizens across the continent took part in a host of events, in solidarity with the Global climate strikes, highlighting the need for urgent climate action. The events took place in the Democratic…
ACCRA, Ghana, September 17, 2021/ — The President of Tanzania, SAMIA SULUHU HASSAN; Merck Foundation CEO, Senator, Dr. Rasha Kelej; The Prime Minister of TOGO, H.E. VICTOIRE TOMEGAH DOGBÉ, The Vice President of Uganda, H.E. JESSICA ROSE EPEL ALUPO and The Vice President of Benin, H.E. MARIAM CHABI TALATA amongst 100 Most Influential African Women 2021; The list of 100…
African Carbon Markets and the Journey to a Net-Zero Future JOHANNESBURG, South Africa, September 17, 2021/ — African Energy Week (AEW) 2021 in Cape Town is committed to providing a real conversation on the issues facing African people and African businesses, offering attainable solutions through which the oil and gas industry can help drive. With global stakeholders pledging net-zero…
Tanzania is committed to agriculture transformation agenda to improve the food system so as to ensure national food security and improve social-economic security. Vice-President Dr Philip Mpango, virtually addressing the just ended African Green Revolution Forum (AGRF) 2021 Summit in Nairobi, said Tanzania had put in place policies and strategies for continued agriculture growth. The Vice President spoke…
Third Annual Generation Africa GoGettaz Agripreneur Prize Competition Two agribusinesses working towards food systems transformation in Africa win grand prizes in the third annual GoGettaz Agripreneur Prize Competition NAIROBI, Kenya,– Fourteen inspiring, young entrepreneurs from across Africa, pitched their innovative agribusinesses to influential judges and delegates at the pitch finale of the Generation Africa GoGettaz Agripreneur Prize (https://GoGettaz.africa) competition…
Serengeti Intensifies Fight Against PoachingThe two-day anti-poaching marathon was organized by Serengeti Tourism College (SETCO) through Serengeti Tourism Sports Agency (SETSA) TEL AVIV, Israel, September 11, 2021/ — Serengeti District Authorities in Mara Region have vowed to continue with fight against poaching in the world famous Serengeti National Park. Serengeti District Commissioner (DC), Dr. Vicent Mashinji cautioned that stern…
Agriculture is seen as central to industrialisation and a source of livelihood for approximately 65 percent of the Tanzanian population TEL AVIV, Israel, September 11, 2021/ — Vice-President, Dr. Philip Mpango has reaffirmed Tanzania’s commitment to improve the agricultural sector and boost food security for socio-economic prosperity. In realising agricultural sector transformation and growth, the government has been taking…
By Justine Nyachieo Despite many efforts to beef up your income and slim down expenses, you are still somehow broke. You have always wanted to regain your financial freedom but that so far looks like mission impossible. What could be going wrong? Why are you always broke? (1) You Are Caught Up In the Gambling Craze Whether it is…
The African Development Bank Group is pleased to announce the appointment of Mr. Solomon Mugera as Director, Communication and External Relations, effective 1 October 2021 ABIDJAN, Ivory Coast, September 8, 2021/ — Mr. Mugera, a Kenyan national, brings extensive experience to this role. He is a seasoned journalist and media manager with over 20 years of expertise working internationally….
After years of witnessing fights over water, a family’s life is transformed in a refugee camp in Zimbabwe New high-capacity boles and an irrigation system were installed with funding from the African Development Bank ABIDJAN, Ivory Coast, September 8, 2021/ — For years, Josephine Mbayo watched as fights broke out in her community over water. “There was only…
A combined US$1.5 million in grants to help fund rapid expansion plans, providing much-needed services for smallholder farmers: ColdHubs for its solar-powered pop-up cooling stations; Hello Tractor for its creative solution to Africa’s farm machinery challenges NAIROBI, Kenya, September 8, 2021/ — Nnaemeka Ikegwuonu, founder and CEO of ColdHubs, a Nigerian business that provides solar-powered, walk-in coolers for smallholder…
Awarded 2021 Africa Food Prize Recognized for helping 25 million farmers in 13 countries to improve income and food production Nairobi, Kenya, September 8, 2021 – The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has been awarded the 2021 Africa Food Prize, for work that has improved food security across 13 countries in sub-Saharan Africa. ICRISAT, a CGIAR…