Special

Berlin holds seminars on self-employment for people with migrant background

ANNOUNCEMENT The extraordinary seminar programme offered by the State of Berlin on the topic of start-ups and self-employment for people with a migration background interested in starting a business begins a new round in May! For exactly 20 years, the state of Berlin has been strengthening and honouring the economic growth and cultural diversity of Berlin’s start-ups and has been running the …

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$15 million fund for African women entrepreneurs launched

The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria. This fourth round of financing of $54.8 million will benefit almost …

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AfDB chief garners strong global support for Africa

ABIDJAN, Ivory Coast, April 25, 2022/ — The President of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, concluded a three-day official visit to Washington DC on Saturday. Alongside the Spring Meetings of the International Monetary Fund and World Bank, the visit included several bilateral engagements with stakeholders on African development. Adesina garnered broad strong support for a robust …

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Free learning App for young Africans launched

The free mobile app, Trace Academia, will feature course content and features developed by Trace and a coalition of leading corporations and organizations such as Google, L’Oréal Foundation, AFD, UNESCO, Orange, Canal +, SACEM, Visa, Schneider Electric, Durex, Leroy Merlin, Bureau Veritas, Ford Foundation, Afreximbank, Accor-Kasada, The Minister of Finance of France, the African Union, the University of Johannesburg, Senghor …

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Nigeria hopes for improved Internet as Google’s subsea cable arrives

Google’s subsea cable, Equiano, has landed in Lagos, Nigeria. The cable, named after Olaudah Equiano, Nigerian-born writer and abolitionist who was enslaved as a boy, connects Africa with Europe. It runs from Portugal along Africa’s west coast and will reach South Africa, with branching units along the way that can be used to extend connectivity to additional African countries. The …

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Here’s How African Leaders are Creating a More Inclusive and Sustainable World

The World Economic Forum today unveils the world’s most promising 109 Young Global Leaders under the age of 40, involved in activities from advocating for the rights of refugees to the advancement of innovation to combat COVID-19Among the 42 countries represented, 12 leaders hail from Africa and their work brings the promise of a brighter outlook at a difficult timeThey …

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Angola Targets 60% Electrification by 2025 driven by Renewables

Angola aims to increase energy generated from renewable sources and attract greater FDI from the EU and international financial institutions, writes Verner Ayukegba, Senior Vice-President of the African Energy Chamber——— The Angolan government has reiterated its commitment to expanding the share of renewables in the country’s energy mix, with targets set to increase the utilization of renewable energy sources to …

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Europe should Decarbonize while Africa Industrializes

PRESS RELEASE: With over 600 million people without access to electricity, Africa cannot and should not leave its oil and gas resources in the ground says the African Energy Chamber ——- While Western nations are calling for the abrupt end to fossil fuel utilization in Africa, countries such as the UK and Norway continue to hold licensing rounds intended to …

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How a Kenyan fintech helps keep kids from low income families in school

Kenya’s constitution guarantees free public education for children and has made great strides to make that happen over the past decade. “However, persistent historical barriers, such as poverty and distance to school, continue to prevent many children from accessing the teaching and education they deserve. For years, this has stumped education policymakers,” says Andrew Zerzan, Deputy Regional Director and Director …

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What the Global Oil Crisis means for Africa

The cost of fuel has risen sharply, with the price of crude oil hitting a 14-year high in recent weeks, sparking concerns around the world as countries worry about their ability to meet their energy needs. What about Africa? Experts ponder on the way forward for the continent JOHANNESBURG, South Africa, March 31, 2022/ — Energy experts say the growing …

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Nigeria scraps pre-departure COVID-19 tests for vaccinated travellers

Fully vaccinated travellers arriving in Nigeria will no longer be required to take a pre-departure PCR COVID-19 test, the Chairman of the Presidential Steering Committee (PSC) on COVID-19, Boss Mustapha, announced on Monday. Mustapha, who is also the Secretary to the Federal Government, made the comment during a press briefing of the PSC in Abuja at which he announced a …

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Germany, Orange open digital training centre in Madagascar

Orange and the German Development Cooperation inaugurate in Madagascar the 9th Orange Digital Center in Africa and the Middle East, to train young people in digital technology and enhance their employability. The goal is to fulfil their shared vision, fostering youth employability while supporting sustainable growth and the country’s digital transformation —— Orange, one of the world’s leading telecommunications operators, …

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