The United States and China have downplayed concerns of Africa turning into an area of competition. African countries could use the ongoing rivalry between the United States and China to advance their own interests, with both global superpowers competing to expand their footprint in the continent, said analysts. Their comments come as more than 40 African leaders gather in…
Dar es Salaam Tanzania / Washington DC, USA, 13 December 2022 – 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…
Marking the occasion of World Diabetes Day, The Evercare Foundation, the philanthropic arm of the Evercare Group, has announced a week-long program of free diabetes testing and health education across Evercare facilities in Africa and South Asia. The Evercare Foundation aims to provide equitable health for all and the development of more resilient health systems across low and middle-income…
Summary Tanzania has seen a boost in coal exports, specifically to European countries as the West tries to grapple with the energy attrition and cost burden heightened by Russia’s invasion of Ukraine. Russia is Europe’s biggest energy supplier. However, as COP27 nears, discourse on protecting the environment has become more ubiquitous, with European countries taking on the mandate as…
China’s practice of gifting million-dollar buildings to governments across Africa is under renewed scrutiny. On June 30, Zimbabwe’s new $140m parliamentary building, built and financed by China, was unveiled in the capital Harare as a gift from Beijing. The imposing structure, which sits on 33,000 square metres and comprises a six-storey office complex and rooms for MPs and staff,…
A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Poland and Germany. The initial field near Senegal and Mauritania’s coastlines is expected to contain about 15 trillion cubic feet (425 billion cubic meters) of gas, five times…
With malaria one of the biggest killers of children under 5, the world’s first vaccine against a parasite is a major breakthrough for child health. The United Nations Children’s Fund (UNICEF) has awarded a contract for the first ever supply of a malaria vaccine to pharmaceutical company – GSK – with a value of up to U.S.$170 million. The…
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…
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…
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…
Higher data costs for ordinary citizens and low digital literacy are argued to be factors standing between Africa and the digital economy, excellency The continent internet economy can reach $180 billion by 2025, accounting for 5.2 per cent of Africa’s GDP Africa’s access to the internet stands at 40 per cent, according to Google With more than 1.3 billion…
There’s no road map when it comes to entrepreneurship. Even the most successful business leaders didn’t have the answers when they started their businesses. They were forced to figure it out. But you can increase your chances of success by learning from those who’ve stumbled and fallen and picked themselves back up. MD/CEO IBRA CONTRACTORS LIMITED (Tanzania), Maida Waziri:…
Inter-African migration is being driven by a rise in demand for skilled and semi-skilled workers in different economic sectors Because emigrants bring with them more than just economic needs from their home countries, migration is a trade stimulant in and of itself For migrants who contribute to upskilling, movement within the continent results in better-paying, more stable employment Migration…