BUSINESS

Winners of the 2021 Africa Tech Festival Awards announced

Tobi Lafinhan, a Nigerian, has a background in civil engineering combined with over 4 years of experience working in leading organisations in West Africa across a variety of industries, including tech. He is currently the Co-founder of Venture for Africa, a fellowship program designed to fill talent gaps in Africa’s startup ecosystem by enabling top local and global fellows to …

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Angola launches new services for foreign investors

Angola’s Special Economic Zone, provides new services to national and foreign investors with the inauguration of the GAI – Investor Support Office The Luanda-Bengo Special Economic Zone (ZEE)  launched a useful new tool for investors,  the GAI (Guiché de Apoio ao Investidor), or Investor Support Office, which in addition to supporting the presidential directive to facilitate access for national and …

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Nigerian president woos French investors in Paris

President Muhammadu Buhari Wednesday in Paris, France, says outlook on Nigerian economy remains bright, with sustained investments in infrastructure, particularly ICT, that favour global businesses and a friendly regulatory environment that supports Foreign Direct Investments (FDI). In a keynote remark at the Nigeria International Partnership Forum, with focus on “Beyond the Pandemic”, President Buhari said the Nigerian economy was being …

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Survey of Black entrepreneurs in Germany and Europe launched

In November 2021, Sangano Black Business Hub, a collective initiative from diaspora and Afro-German entrepreneurs in Germany, launched its annual survey for 2021/2022. The survey seeks to understand the entrepreneurship experience of Black-led businesses and start-ups in Germany and Europe. The survey asks a series of questions about entrepreneurship challenges, the scale of barriers to entry for new start-ups and …

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Why Africa must close its science and technology gap – Former President of Mauritius

“How can a continent with the largest share of arable land, a continent with the youngest population, a continent that has fueled all of the world’s industrial revolution, a continent that has helped drive the mobile phone industry, a continent that is at the cusp of supporting the world’s energy transition to greener technology with a large store of rare earth deposits accept such dismal statistics?”

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Nigeria launches Africa’s first digital currency

President Muhammadu Buhari launched a digital currency for Nigeria on Monday in Abuja. The eNaira will complement the physical naira. “We have become the first country in Africa and one of the first in the world to introduce a digital currency for our citizens,” Buhari said at the event, which took place at the State House. He added that the …

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SAP Young Professionals Program evolves to meet Africa’s digital skills demands

JOHANNESBURG, South Africa, September 28, 2021 -/African Media Agency(AMA)/- As survivors of a global crisis, bright young professionals are entering the labour market equipped with new skills, fresh perspective, and boundless energy. This is all thanks to a highly successful graduate program driven by SAP and supported by a thriving ecosystem of public and private sector partners and customers. According …

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Dubai Expo 2021 to bolster economic ties between UAE and Africa

United Arab Emirates has launched its 6th edition of Global Business Forum Africa (GBF Africa) that aims at scaling-up and strengthening multifaceted business with Africa. As expected, Heads of State, more than 30 Ministers, high-ranking Government officials and prominent influential business leaders from Africa have confirmed their participation for the sixth edition of the GBF Africa, which takes place on …

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Fund launches to power tech innovation startups across Africa

The Global Innovation Initiative Group (GIIG) has announced the launch of a first of its kind profit and purpose fund aimed at investing in early-stage tech innovation startups across Africa. Here’s how the Fund plan to play a part in stimulating entirely new industries, accelerating cross-border collaboration and unlocking access to new markets across Africa. Cape Town, South Africa & …

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How cybercrime threatens Africa’s thriving digital economy — Experts

Cybercrime is one of the top risk factors likely to jeopardize Africa’s economy especially at this time when the continent is transitioning to E-commerce under the Africa Continental Free Trade Area (AfCFTA). That’s according to panelists at a Book Talk hosted by the Economic Commission for Africa (ECA) on 2 September 2021 The “Book Talk” was jointly organised by ECA’s Knowledge Management …

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Facebook Marketplace rolls out across sub-Saharan Africa

Facebook has announced the launch of Facebook Marketplace to 37 countries and territories in sub-Saharan Africa. Currently available in South Africa, Ethiopia, Kenya and Nigeria, Marketplace exists as a point where people can discover, buy, and sell items from others in their local communities. This is done by tapping on the Marketplace icon or visiting Facebook Marketplace to browse and …

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New airline takes off in Nigeria

Green Africa Airways Limited has announced the commencement of flight operations following its inaugural flight at the Nnamdi Azikwe International Airport, Abuja, on Thursday. The airline recently announced that it had received the Air Operators Certificate from the Nigerian Civil Aviation Authority. According to a statement by the airline, operations officially commenced with the inaugural flight from Lagos to Abuja …

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German state awards grants to African and Baden-Württemberg startups

Twenty-three start-ups in Africa and the German state of Baden-Württenberg have been awarded grants, including funds totalling 100,000 euros, by Baden-Württemberg Development Corporation Foundation (SEZ). Nineteen of the beneficiaries will receive funding, training and mentoring while the rest will benefit from training and mentoring. SEZ is the international development agency of Baden-Württemberg, one of Germany’s 16 federal states. The grants …

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Why African central banks must work together to roll out digital currencies – Mauritius

Bank of Mauritius Governor, Harvesh Seegolam, has called on African Central Banks to collaborate on digital currencies. He made the call at a meeting of the Ministers of Finance and Governors of central banks of all 54 African countries, held in Burundi and virtually on Thursday. This year’s edition of the annual gathering focused on ‘Digitalization for Inclusive Recovery and …

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What African enterprises need to know about the next ten years — CEO, SAP Africa

By Cathy Smith, Managing Director at SAP Africa Are African enterprises at risk of extinction, just as millions of natural species face extinction due to the impact of climate change? Businesses and countries across the continent are attempting to rebuild following the devastating economic impact of the pandemic. It is perhaps an opportune time to take stock of whether we …

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Munich: World’s leading solar industry exhibition turns 30

Munich/Pforzheim, July 15, 2021: After three decades of working towards a sustainable energy supply for the future, Intersolar, the world’s leading exhibition series for the solar industry, is celebrating its 30th anniversary this year. Having started off as the local Solar ’91 exhibition, Intersolar has evolved to become the most important solar industry platform in the world. The exhibition brings …

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Malabo hosts Africa’s biggest tech meeting

Technology at the service of African youth and the continent: TEG Campus, the biggest tech meeting in Africa, returns for a 4th edition with the theme “The Tech Response” ——– Equatorial Guinea, 16 July 2021 -/African Media Agency(AMA)/- From 22 to 27 July, the annual TEG Campus event will bring together for the 4th year in a row African players …

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Why cybercrime poses existential threat to West Africa’s economy — Expert

By Titilayo Adewumi, Regional Sales Director: West Africa at SAP LAGOS, Nigeria, 6 July 2021 -/African Media Agency(AMA)/- While organisations across West Africa work to recover from the economic impact of the pandemic, the global cybercrime industry is going into overdrive. An increasingly sophisticated cybercrime industry is launching a range of attacks aimed at organisations and critical infrastructure. Such attacks …

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German funding for Nigerian Startups! Call for Application!

Do you have an idea, business or initiative worth spreading or an upscale? Here is a platform… StartUp Afrika is a program designed to support innovative startups through intercontinental exchange and network plus funding. Why StartUp Afrika? We believe that startups can play a key role to create a social andecologically transformed economy in Africa and Baden-Württemberg. 100,000 euros for …

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