Sunday , July 22 2018
Home / BUSINESS & DEVELOPMENT (page 4)

BUSINESS & DEVELOPMENT

Kenneth Gbandi challenges Diaspora on a more active role in African development

The chairman of the Board of Trustees of the Nigerians in Diaspora Organisation in Europe (NIDOE), Kenneth Gbandi, has called on the African Diaspora to become more actively engaged in the continent’s development. Gbandi made the call at the Africa Day Dortmund, organized by the non-governmental organization AfricanTide Union, recently. “For us the time of talking in NIDOE is over, …

Read More »

What the G20 Economic Plan for Africa is about

German Chancellor Angela Merkel is meeting African leaders in Berlin today and tomorrow (12-13 June) to discuss migration, poverty and development. Leaders from Egypt, Ghana, the Ivory Coast, Mali, Niger, Rwanda, Senegal and Tunisia will be in attendance at the “G20 Africa Partnership – Investing in a Common Future” conference. The event is one of the activities of Germany’s current …

Read More »

G20 presents economic plan for Africa in Berlin

A conference of the Group of Twenty (G20) on a global economic partnership with Africa will take place in the German capital on 12-13 June. The conference, which will be attended by heads of state and governments, will propose the “G20 African Partnership” initiative whose chief object is to spur higher investment levels – particularly from foreign investors – in …

Read More »

How home-grown innovation is solving many of Africa’s most pressing challenges

Brett Parker, Managing Director – SAP Africa, writes on how Africans are coming up with solutions to unique problems they face, leading to the emergence of new technologies. By now, I am convinced that you have heard of M-Pesa, the popular and often-cited mobile banking system that has become Africa’s innovation calling card. But do you know about the Ushahidi …

Read More »

Africa Day Dortmund discusses Agenda 2030 and Africa’s development

“Agenda 2030: Sustainable Development Goals” was the theme of this year’s Africa Day in the western German city of Dortmund.  The 3-day congress, which marked the founding of the Organisation of African Unity (now African Union) in 1963 and was organised by the non-governmental organization AfricanTide Union, beamed the focus on Agenda 2030 and its relevance to tackling the knotty …

Read More »

“Africa is not poor, we are stealing its wealth,” says director of UK organisation

Much more wealth is leaving Africa, which is generally regarded as the world’s most impoverished continent, than is entering it, according to a new research into total financial flows into and out of the continent.  Nick Dearden, the director of UK campaigning organisation Global Justice Now, argues that it’s time to change the way the West talks and thinks about …

Read More »

Germany presents new concept for economic partnership with Africa in Cape Town

German Minister for Economic Affairs and Energy, Brigitte Zypries, visited South Africa on 3 – 7 May 2017. A high-level business delegation accompanied her. The visit centred around the presentation of Germany’s new plan for engagement with Africa at the World Economic Forum on Africa 2017. The Forum, which took place in Cape Town, was attended by more than a …

Read More »

Africa’s future hangs in the balance – we dare not fail

The dawn of the Fourth Industrial Revolution is here. Sthe Shabangu, Lead: Public Relations, Public Affairs and Corporate Citizenship, Samsung Africa Office asks whether we are doing enough to ensure Africa is ready. JOHANNESBURG, South Africa, 16 May 2017, -/African Media Agency (AMA)/- Africa is standing before a small window of opportunity to grow future-ready leaders equipped to take on …

Read More »

German IT giant connects African farmers with international buyers

SAP, the global company that develops enterprise software for companies large and small, has launched a management system to support and grow East Africa’s smallholder farming sector. SAP Rural Sourcing Management is a new solution that was created to support the connection of smallholder farmers in developing countries with global produce buyers, providing transparency, accountability and access to financial services.SAP has …

Read More »

African intellectuals discuss Germany’s ‘Marshall Plan with Africa’ in Frankfurt

Germany’s minister of economic co-operation and development, Dr Gerd Müller, is presently promoting a plan to redesign the country’s relationship with Africa.Launched in Berlin early this year, the plan proposes new planks in German-African ties with the aim of promoting sustainable political stability and economic growth in Africa.‘Marshall Plan with Africa’, in a nutshell, is a way to help the …

Read More »

Eleven African ministers in Hamburg for German-African Energy Forum

Political and business leaders from Germany and Africa converge on Hamburg on 25-26 April for the 11th German-African Energy Forum. The annual event offers a platform for players in the energy sector for interaction and networking.Ministers from eleven African countries and two German State Secretaries will attend the conference. The African ministers, in charge of energy and/or industries, are from …

Read More »

Wooing Russians for Made-in-Morocco products in Moscow

Moscow hosted the third edition of “Morocco Festival” , an event that showcased and introduced Moroccan products to Russian customers, in Moscow on 14-23 April. Organised by the Moroccan Centre for Exports Promotion – “Maroc Export”-, the fair highlighted Made-in-Morocco products such as textile, leather, cosmetics, footwear and decoration articles to target a new strategic market.Through its rich culture, Morocco is …

Read More »

Cameroonian appointed head of Economic Commission on Africa

Cameroonian economist and banking executive Vera Songwe has been appointed the new Executive Secretary of the Economic Commission on Africa (ECA).Dr Songwe beat more than 70 candidates to clinch the post which was held by Dr Carlos Lopes of Guinea Bissau who stepped down from the organisation in September last year.ECA is one of the United Nation’s five regional commissions, …

Read More »

Economic growth in East Africa remains strong despite drought – report

East Africa’s economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report.In Economic Insight: Africa Q1 2017 launched on 13 April, the accountancy and finance body points out that authorities from various East African nations have attempted to mitigate the …

Read More »

All set for Africa Day Investment Forum in Hamburg; register now!

This year’s Africa Day Hamburg will take place on 24-28 May. The event, which celebrates the founding of the Organisation of African Unity (now African Union) 54 years ago, takes place annually in the merchant city.The Day, will among other events, feature an investment forum which brings together German businessmen and women who are interested in doing business in Africa …

Read More »

African migrants in Italy launch organic yoghurt, vegetable business

It’s an inspiring story of how to turn adversity to advantage. After working on farms in southern Italy for pitiful salaries, in 2012 some migrants from West Africa decided to start their own agricultural co-operative near Rome. The business, which produces organic yoghurts and vegetables and delivers them by bike, is entirely environmentally friendly. Chloé Lauvergnier reports.The co-operative is called Barikamà, …

Read More »

German unemployment hits new record low

Unemployment in Germany hit a new record low in March, official data showed Friday (31 March), as Europe’s largest economy continues to defy economic uncertainty with a strong performance.The out-of-work figure fell to 5.8 percent this month, the Federal Labour Agency said, beating analysts’ forecasts.A 0.1-percentage point fall from the level it had held since January placed it at a …

Read More »