Home / BUSINESS & DEVELOPMENT

BUSINESS & DEVELOPMENT

Outstanding African projects win awards in Berlin

Many organisations and individuals working on African issues presented their work to the public at the Fair for Bridge Builders (Messe der Brückenbauer), part of the activities celebrating the Kenako Afrika-Festival in Berlin (3-14 July). The fair is a platform for committed people from Germany and the African diaspora to exhibit their projects for the development of Africa and present …

Read More »

Young Ghanaian innovator shows Africa’s future lies in its talented youth

Self-taught coder develops model for diagnosing breast cancer; looks to solve some of the continent’s biggest challenges and inspires youth across the continent as Africa Code Week Youth Ambassador for 2019. “It takes a village to raise a child”: as the Fourth Industrial Revolution sweeps across Africa and more of its youth develop coding and other digital skills, there may …

Read More »

Event on funding opportunities for Afro-European businesses holds in Hamburg

Afrolynk, an impact venture that supports and connects innovators, entrepreneurs and other stakeholders in the EU-African market, have partnered with Dr. Akuma Saningong, a master communicator, in unlocking the potential of African business ventures. Afrolynk will hold a Community Meet-Up on 10 July in Hamburg and it’s inviting attendees from Hamburg’s business sector, including start-ups, NGOs and public and private …

Read More »

German government, SAP join forces to create more jobs in Africa’s digital sector 

German software company SAP and the German Federal Ministry for Economic Cooperation and Development (BMZ) plan to jointly create 450 jobs for highly qualified personnel in the IT sector in ten African countries. The collaboration, which was presented in Berlin today by German Development Minister Gerd Müller and by Michael Kleinemeier, member of the Executive Board of SAP SE and …

Read More »

US launches economic initiative for Africa in Maputo

US-Africa Business Summit successfully advances trade, investment and commercial partnership between the US and Africa Heads of State, Vice Presidents, and Prime Ministers from nine African nations attended the Corporate Council on Africa’s 12th US-Africa Business Summit in Maputo, Mozambique on June 18-21. They were joined by Ministers of Finance, Foreign Affairs, Commerce, Economy, Public Works, and ICT from more …

Read More »

Nigeria: Diaspora remittances exceeded oil earnings in 2018 – forex dealers’ association

Concerned with the stagnant state of the nation’s economy marred with inconsistent foreign exchange earnings through oil export, the Association of Bureaux De Change Operators of Nigeria (ABCON) has disclosed that forex remittances from Nigerians in the Diaspora far exceeded the country’s earnings from crude oil export last year. The President of ABCON, Alhaji Aminu Gwadabe, who disclosed this to …

Read More »

Effects of China-America trade war haunt African economies – says new report

As a global trade war rages, Africa fears contagion from lower commodity prices, according to the Institute of Chartered Accountants in England and Wales (ICAEW) latest report, Economic Insight: Africa Q2 2019. The accountancy body provides GDP growth forecasts for various regions including East Africa, which is the region in Africa that was estimated to have experienced the most rapid …

Read More »

How Continental Free Trade Area will shape Africa’s future

The historic African Continental Free Trade Area agreement went into force on 30 May 2019. Creating the regionally integrated Africa of our dreams, will require political will, policy changes, and private and public sector partnerships, argues Dr Victor Oladokun, Director of Communication, African Development Bank. In 2018, the fictional country of Wakanda in the blockbuster movie Black Panther, was ranked …

Read More »

Jean-Claude Juncker: Africa’s future will shape Europe’s

Africa’s future will shape Europe’s destiny, European Commission President Jean-Claude Juncker has told a joint investment forum in Vienna. Austria’s Chancellor Sebastian Kurz urged Europe to take on China’s head-start in Africa. Juncker urged European firms on Tuesday to boost their investments in Africa in a “partnership among equals,” reminding the joint European Union and Africa Union forum that Africa’s …

Read More »

Abuja summit outlines opportunities, incentives for Nigerian Diaspora investors

The first-ever Nigeria Diaspora Investment Summit took place in Abuja on 27-29 November. Vice-President Yemi Osinbajo, who delivered the keynote address at the event, and participating ministers outlined opportunities and incentives for Nigerians resident abroad to invest in their homeland. Nigeria’s Vice President, Prof Yemi Osinbajo, in his address to the conference, asserted that the federal government “strongly seek the …

Read More »

Nigeria’s vice president to visit Germany on investment campaign

Vice-President Yemi Osinbajo will pay a working visit to Germany on 9-11 December. He will meet with Nigerians, speak at a business event and hold talks with German leaders during the 3-day visit, which aims to promote Nigeria as a favourable place to invest. Prof Osinbajo will hold a town hall interactive meeting with Nigerians living in Germany on Sunday, …

Read More »

Full Text: Osinbajo’s Message to Nigerians in Diaspora

Vice-President’s Keynote Address at the 1st Nigerian Diaspora Investment Summit The first-ever Nigeria Diaspora Investment Summit took place in Abuja on 27-29 November. More than 300 Nigerians living outside the country attended the event, which seeks to mobilize the diaspora to invest in Nigeria as part of the present government’s efforts to reposition the national economy. Diaspora investors had the …

Read More »

Osinbajo to deliver keynote address at first-ever Nigeria Diaspora Investment Summit

Vice President Yemi Osinbajo will deliver a keynote address at the maiden Nigeria Diaspora Investment Summit (NDIS), which holds in Abuja on 27-29 November. The three-day summit, themed “Activating Diaspora Investment for a Diversified Economy” and holding in the Banquet Hall of the State House, Aso Villa, is to provide a platform for Nigerians in the diaspora to invest in the …

Read More »

MoneyGram now offers Money-to-Mobile Wallet transfer service to Ghana

Global provider of money transfer and payment services, MoneyGram, has launched a new service that enables its customers to send money directly into any mobile wallet in Ghana. MoneyGram is offering the service in partnership with a local financial technology company, Zeepay Ghana Limited. The service is available on all domestic mobile money wallet platforms – MTN Mobile Money, Vodafone …

Read More »

German Chancellor Merkel launches new investment fund for Africa

German Chancellor Angela Merkel has called for more private investment in Africa as she hosted African leaders as part of a concerted effort to drive the continent’s economic development and create jobs for its millions of unemployed youths. In her opening address on Tuesday at the G20 Compact with Africa Summit, taking place in Berlin on 30-31 October, Merkel said …

Read More »

Nigerian vies for International Telecommunication Union’s top post

William Ijeh, a senior official of the International Telecommunication Union (ITU), is vying for one of the global organisation’s top positions at the ITU Plenipotentiary Conference 2018, taking place in Dubai from 29 October-16 November. Mr Ijeh, a Nigerian national who has worked with the Geneva-based ITU for 21 years, is a candidate for the post of Director, Bureau of …

Read More »

11 African leaders converge on Berlin for G20 conference

Presidents and heads of government of eleven African countries are to participate at the G-20 Compact with Africa (CwA) conference, hosted by German Chancellor Angela Merkel in Berlin. The event, Investment Summit-German Business and the CwA Countries, taking place on 30-31 October brings together “reform-minded” African countries, international organizations and bilateral partners from the G20 to advertise investment opportunities in …

Read More »

Nigeria to host first-ever Diaspora Investment Summit in Abuja

More than 200 Nigerians in the Diaspora have indicated interest to participate in the maiden Nigeria Diaspora Investment Summit (NDIS) slated to hold on 27-29 November in Abuja. This was revealed by Hon. Abike Dabiri-Erewa, Senior Special Assistant to the President on Foreign Affairs and Diaspora, at a joint news conference with other stakeholders in Abuja on Monday (15 October). …

Read More »