The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least 30 million metric tonnes of food, especially wheat, maize,…
The global energy debate is shifting from oil and gas to green energy. This debate is being discussed across different levels and comes at a time when a number of African countries including Uganda, either exploring or developing oil resources. Paul Murungi spoke to Mahaman Laouan Gaya, a petrochemical engineer and former secretary general of the African Petroleum Producers’ Organisation on…
Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest shareholder could add complexity to his bid to buy Twitter. Tesla Inc’s ambitions in China might give Beijing that leverage to pressure Twitter to silence human rights activists and other critics Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest…
With the country’s ambitious 6,000MW green energy generation roadmap, if successful, President Samia Suluhu Hassan will make Tanzania one of Africa’s top renewable power-generating states, after South Africa and Morocco In spite of enormous hydrocarbon potential, Tanzania is planning to plug more than 6,000 megawatts of renewable power – more than its current total power capacity – into its…
Over 100 local firms have benefited from EU investments, and are involved in various areas, including agriculture, energy, logistics, trade facilitation, education, capacity building and good governance Over 150,000 Tanzanians have secured employment in firms which won investments from the European Union (EU). There are over 100 of them active in agriculture, energy, logistics, trade facilitation and education and…
The second round will launch with business and financial training for more than 50 delegates Dar es Salaam: The Bloomberg Media Initiative Africa (BMIA) has today announced the second intake of its Financial Journalism Training (FJT) program in Tanzania, which will train journalists and media professionals in business and financial journalism, to bolster the country’s financial reporting industry. The…
African investment in the stock market has traditionally been reserved for a particular set of elite people Over the years, the continent’s FX market has been growing exponentially largely driven by the increased access to mobile devices and internet connections across the region While retail forex trading in Africa may only represent a small segment of the global currency…
More than half of the dollar millionaires (1300) reside in the commercial capital Dar es Salaam as the city was ranked 12th richest, with total private citizens wealth of $24 billion (Sh55 trillion). Tanzania is home to East Africa’s only dollar billionaire, this is according to the latest report by research firm New World Wealth and Henley & Partners which…
Agenda 2063 is the African Union’s long-term framework for socio-economic development, regional integration and the preservation of history and culture. The agenda has 15 flagship projects. These have been identified as necessary for meeting the continent’s aspirations. They are wide-ranging and include constructing a network of high-speed trains; ending violence and creating continental financial institutions. But, in my view, the core…
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…
Mr Ramathan Ggoobi, the Ministry of Finance permanent secretary (Left) stands next to oil drilling conductor pipes in the KingFisher oilfield during a tour of the oil facilities in the Albertine Graben recently. PHOTO/Paul Murungi By Paul Murungi What you need to know: East Africa rising. The East African region is slowly morphing into the new ‘Middle East’ in regard…
Mining for cobalt by hand in DR Congo (Photo: Amnesty International) The credibility of Europe’s approach to a green economic transition abroad will depend on its ability to help create and sustain green industrialisation in African countries, making African countries not just targets of European policy, but key actors of a new and interconnected green economy. Africa-Europe discussions on climate…
Spurred on by young people’s ingenuity, creativity and audacity, digital technology is changing the face of Africa. Africa has been known for its vast natural resources for decades, including diamonds, platinum, cobalt, iron ore, gold, etc. However, the continent will now need to enter the speed race for ICT skills, which have become a critical part of any national digital…
From wind farms across the African coastline to geothermal projects in the east African rift valley, a new United Nations climate report on Monday brought the continent’s vast clean energy potential into the spotlight. If realized, these renewable energy projects could blunt the harshest global warming effects, power the continent’s projected economic development and lift millions out of poverty,…
The outgoing director of Africa Centres for Disease Control has seen Ebola, Aids and now Covid – and warns complacency is dangerous The past five years have been “like going from one fire to the next, with barely any time to catch your breath”, says John Nkengasong, the outgoing head of the body charged with responding to health emergencies…
A $425 million undersea cable connecting China to Europe and Africa, which counts Huawei Technologies Co. as shareholder, has landed in Kenya. The 15,000-kilometer (9,320-mile) Peace cable is part of Beijing’s so-called Digital Silk Road initiative that involves deploying information and communication technology infrastructure to boost trade and investment between the Asian economy and the rest of the world….
Egypt, the hosts of COP27 (United Nations Climate Change Conference), will launch an initiative to develop the energy transition in Africa at the yearly gathering. Petroleum Minister Tareq el Mulla said the initiative is being prepared in cooperation with the African Union (AU) and African energy ministers. This was announced at a ministerial discussion session held under the theme…
The Discovery of crude oil in the Middle East changed their fortunes because of continuous demand for the commodity. Life does not exist without energy. In today’s world, fossil energy/crude oil is considered one of the most prominent energy sources with a large global market. Renewable energy is catching up. But obviously not fast enough in Ghana and many…
The diverse advisory committee for Africa Oil Week underscores the international interest in Africa’s energy future Africa Oil Week (www.Africa-OilWeek.com) and Green Energy Africa Summit 2022 have announced an influential and highly experienced advisory committee to guide the events’ vision of setting an African energy agenda for Africa. The advisory committees are led by Mntu Nduvane, an experienced director…
As the sunny continent looks for power, renewables are a clear winner Africa has sunshine all year round – with 7 of the 10 sunniest countries worldwide. The region has great potential for renewable energy, but requires international support to unlock it. A funding deal announced at last year’s UN COP26 climate summit between South Africa and the United States, Britain,…
600 years after an African made international headlines in business nothing has been arousing in indigenous African business circles worth catching the attention of business big shots. Mansa Musa’s business heroics caught the attention of the world with his $400b gold fortune and made him the talk of the world in the 14th century. Indeed in a business environment…
Education and development are inextricably linked. “Education is the most powerful weapon which you can use to change the world,” noted Nelson Mandela. Where there is no education, there is no development. Inversely, where there is no development, there is no education. In its reports, the World Economic Forum has observed that “obtaining a quality education is the foundation…
The Russia-Ukraine conflict has emphasised Europe’s reliance on Russian oil and gas and shown the volatility of the continent’s energy security. This is not the first time there have been disruptions, with tensions in 2014 between Russia and Ukraine threatening supply. Yet despite that warning, it looks like nothing has been done in the last eight years to diversify supply networks….
An early assessment of the continent’s water security finds finds Egypt ranked most secure – but climate change presenting threats across Africa Little of Africa’s wastewater is treated, water for drinking and hand-washing is scarce for hundreds of millions of people, and water-related disasters like flooding are on the rise, particularly in West Africa. But a first effort by…
Hon. Dr. Matthew Opoku Prempeh, Minister of Energy for the Republic of Ghana, has confirmed his participation at African Energy Week 2022 where he will showcase investment opportunities within the country’s energy sector The African Energy Chamber (AEC) (www.EnergyChamber.org) is honored to announce the attendance and participation of Hon. Dr. Matthew Opoku Prempeh, Minister of Energy for the Republic…
Europe needs to swap its dependence on fossil energy from Russia with renewables from Africa. The European Commission’s REPowerEU plan is to reduce demand for Russian gas by two-thirds in 2022 and make Europe independent from Russian fossil fuels by 2030. In 2021 the European Union (EU) imported 155 billion cubic metres of natural gas from Russia, close to 40% of its total…
As the war in Ukraine rages on, the European Union is desperately searching for alternative energy sources. Africa has abundant reserves, but experts say the continent’s energy sector needs urgent reforms and help. EU nations have considered cutting off import of Russia’s oil and gas following President Vladimir Putin’s invasion of Ukraine, which began on February 24, 2022. To avoid self-inflicting…
RASME is a partnership of the African Development Bank and the World Bank’s Geo-Enabling initiative for Monitoring and Supervision and KoBoToolbox teams The African Development Bank (www.AfDB.org) has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME) project to Mozambique, making it the sixth African country to benefit from the…
Mosul Bank (www.almosulbank.iq) has selected CR2 (www.CR2.com), one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. This latest win for CR2 will see Mosul Bank offering a more advanced digital banking service to the Iraqi retail and corporate banking market, across both mobile…
Africarare, Africa’s first metaverse, is set to unlock African creativity and connect Africa to the global digital economy. At an event in Johannesburg on Monday, plans were announced for the commercialisation of the 3D virtual reality experience, that is set in Ubuntuland, a virtual world that marries creativity, cryptocurrency, and commerce. Firstly, virtual land will soon be available to…
Summary US Deputy Assistant Secretary of State Akunna Cook said the country has not done enough in deepening its presence in a continent with 1.3 billion people. “If I were to take away one challenge, it is really a challenge to us in the US Government to really step our game up,” Ms Cook told reporters in Johannesburg, South Africa….
MTN Group emerges first African company on the metaverse MTN Group announced that it purchased 144 plots of digital land in Africarare, the first virtual reality metaverse in Africa. MTN said the move aligns with its ambition 2025 which entails leveraging trends to augment and increase its customers’ digital experiences. Many companies around the world have already jumped on the…
– United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now. The congressman from New York and Chairman of the US House Foreign Affairs Committee was speaking during a visit to the African Development Bank Group on Saturday, as he and a team of congressional colleagues concluded a tour…
Vaccines remain critical for saving lives and livelihoods. But, misinformation spreads fast, so we need to be smarter and more creative to spread the right information faster. People make the right choices to protect themselves and their families when they have the facts. KEY TAKEAWAYS Vaccines remain critical for providing protection against the virus, massively reducing the chances of…
A young African working hard to earn his pay Business Insider Africa presents 10 African countries where workers earn the highest average monthly salaries, according to Salary Explorer. These average salaries were calculated using feedbacks provided by some respondents, and as such can only serve as indicators. Is your country among the top ten countries where workers can earn…
It’s impossible to have a conversation about the pan-African podcast space without mentioning Melissa Mbugua and Josephine Karianjahi. As the co-directors of Africa Podcast Day, these two women are breaking barriers and creating a space for African podcasters to be celebrated. On Saturday, 12 February 2022, the annual Africa Podcast Day took place. The hybrid, virtual and in-person, celebrations…
Stallion Nissan Motors Nigeria Ltd has promised to start assembling no fewer than 500 units of the pickup in the country to ensure accessibility at an affordable price. Stallion Nissan Motors Nigeria Ltd is the Nissan’s exclusive manufacturer and product distributor in Nigeria. It has recently launched Nissan Navara into the Nigerian market. Addressing journalists at the launch, the…
African Development Bank, AfDB, President, Akinwumi Adesina, has revealed that Africa’s public debt, currently estimated at $546 billion, represents one-quarter of the continent’s GDP and is higher than the combined total annual government revenues of $501 billion. Speaking , weekend at the African Union Summit in Addis Ababa, Ethiopia, Adesina said the African Development Fund, the Bank Group’s concessional…
Can disruption be both devastating and inventive. Harvard professor Clayton Christensen believed so. And it makes sense. It begins when a firm targets overlooked – typically low-profitability – segments of a market, or creates a new market where none existed, and offers low-cost solutions. The entrant gains a foothold, eventually moves up-market and soon co-opts mainstream customers: the entire…
The 650,000bpd Dangote Petroleum Refinery, is expected to bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Nigeria is the largest oil and gas producer in Africa. Nigeria’s economy and budget has been largely supported from income and revenues generated from the petroleum industry since 1960 and statistics as of February 2021…
Cassava Technologies (CassavaTechnologies.com) is proud to announce that it has appointed Tesh Durvasula as the new Chief Executive Officer of Africa Data Centres (ADC) effective 7 February 2022. He will be responsible for driving growth, innovation and strategy of Cassava Technologies’ data centres to meet Africa’s accelerating demand for data and digital infrastructure. Durvasula is an experienced technology and…
The South African Cabinet has approved changes to the Adjusted Alert Level 1 COVID-19 regulations as South Africa has exited the fourth wave nationally. Based on the trajectory of the pandemic and the levels of vaccination in the country, Cabinet has decided to make changes to Adjusted Alert Level 1 with immediate effect. With the new changes, those who test positive…
Dangote oil refinery The conversation around local refining in Nigeria is as old as the existing refineries offering little or no succor to the country. Nigeria’s four refineries, with a name-plate capacity of refining 445,000bpd of crude, were set up almost 30 years ago. Today, the refineries are a drain on taxpayers. Notwithstanding efforts to rehabilitate them, Nigerians appeared to…
For two whole years, the Covid19 health crisis has disrupted education systems worldwide and forced school closures which have impacted hundreds of millions of children. All of them have suffered learning loss. Some, though, have suffered more than others. In developed countries, access at home to computers and cheap and reliable broadband allowed students to make the transition to…
For SMEs in Africa the effects of the pandemic have exacerbated a woefully under-financed area of the economy, but by cultivating the right environment and encouraging SMEs to formalize their operations, hybrid financing might provide the key to recovery Workers at an apple factory in South Africa It is tough being a small and medium enterprise (SME) in Africa,…
ADDIS ABABA, The number of confirmed COVID-19 cases in Africa has reached 10,564,758 as of Sunday evening, the Africa Centers for Disease Control and Prevention (Africa CDC) said. South Africa, Morocco, Tunisia and Ethiopia are among the countries with the most cases on the continent, it said. South Africa has recorded the most COVID-19 cases in Africa with 3,579,428…
Zanzibar’s President Hussein Ali Mwinyi looks on during the signing of the MoU with the Oman Investment Authority at State House Zanzibar on Thursday, January 20, 2022. The government of Zanzibar and the Oman Investment Authority has signed a memorandum of understanding to study the feasibility of a project to rehabilitate, develop and operate the Malindi Tourist Port, the…
A recent study published in the American Medical Association’s JAMA Pediatrics medical journal shows that children in sub-Saharan Africa are dying of Covid-19 at a much higher rate than children in Europe and the US. The study was led by Professor Jean B. Nachega, an infectious diseases epidemiologist associated with South Africa’s own Stellenbosch University and the University of Pittsburgh in…
The Pfizer arrangement is far advanced … In time, if we narrow this down and finalize … with Pfizer, I’m sure we’ll engage with Merck as well,’ he said Africa’s top public health body plans to talk to Merck about obtaining supplies of its molnupiravir treatment pill for Covid-19, although talks with Pfizer about its Paxlovid medication were more…
South Africa, spearheading the fight for equal access to vaccines against Covid-19, launched Wednesday in Cape Town the continent’s first factory that will manufacture doses from scratch, funded by biotech billionaire Patrick Soon-Shiong.The goal is the production of “a second-generation vaccine, and we want to make it in Africa, for Africa, and export it around the world,” said the…
Weekly COVID-19 cases in Africa have dropped significantly and deaths dipped for the first time since the peak of the fourth pandemic wave propelled by the Omicron variant. The decline nudges the continent past its shortest upsurge yet that lasted 56 days. Newly reported cases fell by 20% in the week to 16 January, while deaths dropped by 8%….
China is proposing a grand infrastructure plan for the Horn of Africa that would involve expanding the two major railroads and developing ports on the Red Sea and the Indian Ocean. Under the proposals, announced during last week’s visit by China’s foreign minister Wang Yi, the Mombasa-Nairobi Railway in Kenya will be extended to Uganda, Rwanda, South Sudan, and…
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…
Egypt is the first country in the Eastern Mediterranean Region to use nOPV2, a next-generation version of the existing type 2 monovalent OPV (mOPV2) CAIRO, Egypt, A nationwide campaign to vaccinate 16.5 million children under age five with novel oral polio vaccine type 2 (nOPV2) began this week in Egypt. Egypt is the first country in the Eastern Mediterranean…
There is a pressing need to address the inequalities fueling the twin pandemics of HIV and COVID-19 including stronger support for community-led responses ABUJA, Nigeria, The emergence of the COVID 19 omicron variant, has continued to rage, with attendant consequences. The situation is posing an even greater strain on progress with ending AIDS, disrupting HIV prevention and treatment services,…
The 14th edition of the MEM, Addressing Macro and Gender Imbalances, highlights how Malawi’s economic growth for 2022 is projected to pick up to 3% LILONGWE, Malawi, Closing the wide gender gap in economic opportunities could lift more people out of poverty and unlock Malawi’s full inclusive growth potential, the latest World Bank Malawi Economic Monitor (MEM) shows. The…
This high quality, versatile camera gives outdoor remote production teams a robust camera solution Canon (www.Canon-CNA.com) today announces the expansion of its remote camera system line-up, with the launch of the CR-X300 – a small, robust PTZ camera. Joining Canon’s current range of PTZ cameras, which includes the CR-N500, CR-N300 and CR-X500, the CR-X300 offers high-quality 4K video output…
TECNO Security Response Center affirms commitment to the digital security community, sponsors Security BSides and offers prizes and gifts to detect vulnerabilities Serious in its commitment to digital information security, TECNO Security Response Center (SRC) (https://bit.ly/3e6nOyH) sponsored the latest Security BSides in Ahmedabad, India in 2021. More than 400 security specialists and professionals attended the conference, fostering cooperation and…
NAIROBI, Kenya. When the first case of COVID-19 was detected in Kenya in March 2020, it marked the beginning of a long journey of business uncertainty, disruption and great anxiety for entrepreneurs of all categories. It was especially hard for micro-enterprises and other small businesses, which traditionally do not have cash reserves or multiple income streams, to cushion them …
UNFPA and its partners have deployed mobile health units throughout the country GHAT, Libya, Rahma was delivering at home when complications arose: obstructed labour, internal bleeding and low haemoglobin levels. The 18-year-old, a migrant from Niger, was rushed to a mobile health unit in Ghat, where after undergoing a Caesarean section and blood transfusion, she gave birth to a…
Ms. Fal joined the African Development Bank as Principal Legal Counsel in the procurement unit (1998-2007) and subsequently served as Manager in charge of the reform implementation team in the office of the President ABIDJAN, Ivory Coast, The African Development Bank Group (www.AfDB.com) is pleased to announce the appointment of Ms. Yacine FAL, currently Director General, Cabinet Office of…
Day two of the MSGBC Oil, Gas & Power 2021 Conference and Exhibition featured a panel discussion presenting effective strategies to promote local content development and capacity building in the region DAKAR, Senegal, Under the theme ‘Innovative Strategies for Socioeconomic Growth,’ day two of the MSGBC Oil, Gas & Power 2021 Conference and Exhibition, held in Dakar, Senegal, on…
The second day of the MSGBC Oil, Gas and Power 2021 Conference and Exhibition featured a panel discussion focusing on a project update on The Greater Tortue Ahmeyim LNG project, located on the maritime border offshore Senegal and Mauritania DAKAR, Senegal, Day two of the MSGBC Oil, Gas and Power 2021 Conference and Exhibition featured a panel discussion on…
The awards celebrated achievements made by companies and individuals in west Africa’s energy space DAKAR, Senegal, Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) is proud to announce the launch of an award ceremony at the first-ever MSGBC Oil, Gas & Power 2021 conference and exhibition. The ceremony – which took place on 16 December – celebrated the achievements made by…
The Sidilega Private Hospital has a vision – to create a world-class, fully digitized radiology department that will empower more radiologists to grow their skill set while enabling Botswana to become a leading center of excellence in Southern Africa GABORONE, Botswana, It’s already happening, thanks to Mrs. Isaacs – the visionary Head of Radiology Department, who not only set…
The Ecobank Fintech Challenge is a flagship event of the Ecobank Group to support and enthuse early stage fintechs from across the African continent ACCRA, Ghana, The leading pan-African Banking Group, Ecobank Group (www.Ecobank.com), announces that Trove Finance, a Nigerian-based global share dealing app, is the winner of the fourth edition of the annual Ecobank Fintech Challenge. The winner…
Despite the persistence of the COVID-19 pandemic, the economy is recovering WASHINGTON D.C., United States of America, Despite the COVID-19 pandemic, the rebound in economic activity is stronger than initially projected, supported by higher-than-envisaged mining production and the recovery in non-extractive growth; The conclusion of the first review under the ECF arrangement enables the immediate disbursement of US$212.3 million…
The decision to postpone the event was made after careful consideration and as a consequence of the current COVID-19 Omicron variant JOHANNESBURG, South Africa, Nuclear Technology Imbizo will now take place on the 16th and 17th of March in the Cape Town International Convention Centre. The decision to postpone the event was made after careful consideration and as a consequence of…
Corporate sustainability in practice was under the microscope at a special Expo 2020 Dubai edition of the Canon Frontiers of Innovation thought-leadership series DUBAI, United Arab Emirates, Corporate sustainability moves from the sidelines to centre stage; Big businesses embracing a triple bottom line see positive business returns; Growing commitment by corporates to helping achieve the UN Sustainable Development Goals…
One Health is an integrated, unifying approach that aims to sustainably balance and optimize the health of people, animals and ecosystems The FAO One Health Monitoring Tool aids local, national and regional entities to assess progress made and identify gaps. The Tanzania One Health Coordination Desk, in collaboration with the Food and Agriculture Organization of the United Nations (FAO),…
Memory Fusion Technology was designed to make use of unused read-only memory (ROM) and channel them for RAM operations HONG KONG, Hong Kong, TECNO (www.TECNO-mobile.com), a rising superstar as a global smartphone brand of the new generation, announced the release of a new virtual Random Access Memory (RAM) expansion technology for its users to increase the RAM capacity of…
Top on the agenda of the Ministerial discussions was the Future of the Oil and Gas industry in Africa in the light of the Global pursuit of Energy Transition JOHANNESBURG, South Africa, The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’…
Sensor Shift stabilizes images using sensor movements to compensate for vibrations rather than using lens movements as in existing cameras HONG KONG, Hong Kong, A premium smartphone brand focused on global emerging markets, TECNO (TECNO-Mobile.com), outlined an array of its latest technologies and achievements at a webinar entitled “Global Mobile Camera Trends 2022: Innovation Talk” (https://bit.ly/3yom1hM). One eye-catching development…
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,…
The Bank will continue to promote the development and deepening of African capital markets through the issuance of local currency-denominated debt ABIDJAN, Ivory Coast, The 2022 borrowing program of the African Development Bank has been approved by the Board of Directors for up to $10 billion to be raised from the capital markets. The African Development Bank is…
The participants for Nuclear Technology Imbizo 2021 will bring ideas, innovations and best practices that have made a difference in the past decade and going forward JOHANNESBURG, The Nuclear Industry Association of South Africa (NIASA) (http://NIASA.co.za/) in collaboration with South African Young Nuclear Professionals Society (SAYNPS), Women in Nuclear South Africa (WINSA) and Southern African Radiation Protection Society (SARPA)…
Published yearly since 2016, the Index measures African countries’ openness to travellers from elsewhere on the continent ABIDJAN, Ivory Coast, Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index (https://bit.ly/3IPoRkJ). Published yearly since 2016, the Index measures African countries’ openness to travellers from elsewhere…
Sub-Saharan Africa (SSA) now constitutes the region with lowest number of people on electricity supply, subjecting women and girls to rights abuses, energy experts meeting at a Pan African Climate Justice Alliance organized meeting currently ongoing in Egypt have said. Currently, around one in two people in sub Saharan Africa, roughly 75% of the global total, have no electricity. …
Prior to the pandemic, Kenya saw strong growth in employment among the higher-skilled services sub-sectors NAIROBI, Kenya, Kenya has a very dynamic private sector, with a relatively high entry rate of new firms, in comparison to other countries with similar levels of per capita income. These firms do face challenges in terms of scaling up – most firms in…
Taking place on the 16th of December, the awards aim to celebrate achievements made by companies and individuals in west Africa’s energy space DAKAR, Senegal, Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) is proud to announce the launch of an award ceremony at the first-ever MSGBC Oil, Gas & Power 2021 (https://bit.ly/3dSCodc) conference and exhibition. Taking place on the evening…
Consortium of seven organizations chosen by the Clean Hydrogen Partnership to develop a next-generation fuel cell platform to ensure a greener future for data centres across the world DUBAI, United Arab Emirates, Vertiv (https://bit.ly/3ymc18R) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the Clean Hydrogen Partnership will provide EUR 2.5 million to help…
Marginal field development has also allowed indigenous companies to step out from oil majors’ shadow and thrive JOHANNESBURG, South Africa, (By NJ Ayuk, Chairman, African Energy Chamber). Nigerian energy-industry leaders have been reminiscing lately about the country’s earliest efforts to develop marginal oil and gas fields. That’s because after nearly two decades, Nigeria recently stepped up its marginal-field development efforts,…
Partnership will further development of digital infrastructure and services in Africa Cassava Technologies (CassavaTechnologies.com), Africa’s first integrated tech company of continental scale, today announced that it has entered into a memorandum of understanding (MOU) with Mitsui & Co., Ltd (Mitsui), one of Japan’s largest global conglomerates. Cassava Technologies and Mitsui share a common vision of facilitating digital transformation across…
A photograph can compel you to take action or make you cry or even transport you back to the happiest moment of your lives DUBAI, United Arab Emirates, By Muhammad Muheisen, Canon (www.Canon-CNA.com) Ambassador, National Geographic Photography and Founder of Everyday Refugees There is no denying that photography has an immense power to evoke emotions, move our minds, touch…
Technological advancement in energy is a guaranteed force of change in the coming years and with the global focus on addressing issues of climate change, it becomes clear that US-Africa relationships will play a major role in developing and enabling the future of African energy HOUSTON, United States of America, Day two of the US-Africa Energy Forum in Houston,…
Ministers and executives from across Africa’s energy industry emphasize that, ‘Africa is open for business’ as the future of the industry looks bright for foreign collaboration and innovation HOUSTON, United States of America, After a strong opening to the US-Africa Energy Forum, ministers and executives dove into the age-old investment proposition, ‘Why Africa and why now?’ If one thing…
The US-Africa Energy Forum just opened in Texas with opening statements focusing on the importance of fostering relationships between the United States and the African continent HOUSTON, United States of America, The US-Africa Energy Forum is off to a strong start at the C. Baldwin Hotel in downtown Houston, Texas. Jude Kearney (Chair of the US-Africa Committee, African Energy…
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…
The agreement marks a significant step in the country’s journey to develop its hydrocarbon resources while reaffirming Chevron’s presence in the country JOHANNESBURG, South Africa, American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 – located in the Douala Basin on the border of Cameroon. Representing a notable achievement for…
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…
The infographic highlights key Meta successes and milestones across the region, whilst reinforcing its continued commitment to Africa JOHANNESBURG, South Africa, Meta (https://about.facebook.com/Meta/) today released its ‘2021 Africa Year in Review’, an infographic capturing some of the company’s significant investments and initiatives in sub-Saharan Africa this year – focused on driving innovation, connecting communities, helping businesses to grow and…
The event included insight from global market intelligence and advisory service, IDC, as well as a panel of industry thought leaders LAGOS, Nigeria, Attendees at Clickatell’s (www.Clickatell.com) Connect Interact and Transact (CIT) annual event last week experienced how creating a world where commerce and communications collide is where brands may do their best work for their customers. The event…
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…
This project is in line with the strategy for Sweden’s development cooperation with South Sudan 2018–2022, which fosters the humanitarian-development-peace nexus in the country On 6 December 2021, the Embassy of Sweden and the UNESCO Office in Juba, signed an agreement to implement a four-year project “Strengthening Technical and Vocational Education and Training (TVET) in South Sudan” amounting to…
The Group’s aggressive expansion places them firmly on track to boost the current African portfolio of almost 100 hotels currently in operation and under development to its ambition of 150 hotels by 2025 CAPE TOWN, South Africa, Radisson Hotel Group (https://bit.ly/3ozC7Sl), one of the world’s leading hotel groups, looks optimistically towards 2022 as it positively culminates the year with…
The ransomware story is getting longer and more complicated and South African organisations are not excluded JOHANNESBURG, South Africa, The KnowBe4 (www.KnowBe4.com) and ITWeb Ransomware Survey took a deep look into the South African organization, finding that ransomware and cybercrime are increasingly impacting organizations on the continent. While many companies (32%) were attacked in 2021, some multiple times (12%),…
This operation, the first in a series of two, is closely aligned with the priorities the Government outlined in its recovery strategy, Cabo Verde Ambição 2030 WASHINGTON D.C., United States of America, The World Bank approved a $30 million Development Policy Financing Operation on December 6 to support the Government’s efforts to strengthen policies for a sustainable, equitable, and…
Expansion Aims to Enable Organizations to Accelerate Digital Transformation throughout Africa REDWOOD CITY, United States of America, Equinix, Inc.(www.Equinix.com) (Nasdaq: EQIX), the world’s digital infrastructure company™, today announced its expansion into Africa through its intended acquisition of MainOne (www.MainOne.net), a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and Côte d’Ivoire. The acquisition is expected to close…
H.E. Barkindo is expected to discuss the MSGBC region’s hydrocarbon potential, various long-standing challenges DAKAR, Senegal, Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) is proud to announced that OPEC Secretary General, H.E. Mohammed Barkindo, has been confirmed as a speaker at the MSGBC Oil, Gas & Power 2021 Conference and Exhibition, taking place on 16-17 December at the Centre International…