Special

Uganda, Ghana and Botswana have world’s highest percentage of women-owned businesses, finds study

Third edition of Mastercard Index of Women Entrepreneurs profiles the progress and achievement of women entrepreneurs across 58 societies around the world   The third edition of the Mastercard Index of Women Entrepreneurs (MIWE) has listed three African countries as global leaders in terms of women-owned businesses. Uganda, Ghana and Botswana are ranked as the top three countries with the …

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TANG mobilises diaspora for African development

The African Network in Germany (TANG) celebrated the concluding forum of its municipal development policy (kommunale Entwicklungspolitik) activities on Saturday, attracting participants, ranging from German government officials and communal politicians to representatives of African diaspora organisations. Declaring the event open, Dr Sylvie Nantcha, chairman of TANG, gave a brief introduction of the organization, a network of more than 600 African …

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Germany-based company builds for diaspora Nigerians at home

Millions of Nigerians live and work in the diaspora and they send billions of euros back home annually. In 2018, remittances of Nigerians living abroad amounted to about €20 billion, according to figures released by the Central Bank of Nigeria in March. Most of the funds are sent to friends and relatives for various purposes, with real estate, food, education …

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Journalism exchange scholarship opens for African and German participants

International Journalists’ Programmes (IJP) offer scholarship to six young African and five young German journalists. For two months the African participants will have the chance to work in Germany and will be integrated into the day-to-day journalism of their host newsroom while also researching stories for their home media. Journalists, aged 25 to 40, from Angola, Botswana, Democratic Republic of …

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Merkel warns Germany’s labour shortage could spark exodus of companies

Germany is hoping to recruit qualified workers from outside the EU to prevent companies from moving their business abroad. Berlin is looking to countries such as Mexico, Vietnam and India to fill the gaps. German Chancellor Angela Merkel used her weekly podcast on Saturday to sound the alarm on the country’s skilled labour shortage, saying it could force companies to move elsewhere. …

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Afrozensus: Measuring anti-Black Racism and Discrimination in Germany

While speaking at the opening of the People of African Descent (PAD) Week Germany on 28 November in the Bundestag, Goran Buldioski, co-director of Open Society Initiative for Europe, called for more data on the experience of Black people, including on racism and discrimination. That is precisely the objective of a unique project, presented at one of the workshops on the …

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Report shows investors’ optimism in sub-Saharan Africa despite challenges

In the largest survey of its kind, The Africa List Business Barometer reveals a high degree of confidence in the business environment across Democratic Republic of Congo (DRC), Ethiopia, Tanzania, Uganda and Zambia, despite ongoing challenges London, 04 December 2019: A survey of over 350 business leaders across five of some of Africa’s fastest growing economies reveals a high degree of optimism …

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Nigeria spent more than $4 billion to import rice, wheat, others in 12 months

No less than N1.3 trillion ($4.3 billion or €3.8 billion) was spent by the Nigeria on the importation of rice, fish, sugar and wheat in the last 12 months, the Central Bank of Nigeria (CBN) said on Tuesday. The bank’s Deputy Governor, Corporate Services, Edward Lametek, spoke at a seminar organised for Finance reporters in Owerri, Imo State. Speaking on …

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Black People demand Equal Rights in Germany at historic congress

The historic People of African Descent (PAD) Week Germany ended on Saturday in Berlin with workshops and panel discussions on the situation of Black people in the country. Organised by Each One Teach One (EOTO) e.V., a community-based education and empowerment project, PAD Week Germany, held on 28-30 November and attended by more than 250 participants, also marked the third …

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Kagame inaugurates Carnegie Mellon University Africa campus in Rwanda

Pittsburgh, US-based Carnegie Mellon University (CMU) has opened its newly-built African campus in Kigali, Rwanda. The institution is the only American research university offering master’s degrees with a full-time faculty, staff and operations in Africa. Inaugurating the campus on Friday (22 November), President Paul Kagame said Rwanda had the potential, will and capacity of hosting international centres of excellence such …

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Mauritius Ambassador identifies obstacles to African development at G-PAD Forum

Ambassador of Mauritius to Germany, Prof Kheswar Jankee, has identified factors inhibiting Africa’s development and preventing the continent from realising its huge potential. Speaking at the 2019 Global Partnership for Africa’s Development (G-PAD) Forum, which took place on 22-23 November in the German city of Tubingen, the diplomat and scholar said it’s frustrating talking about African development challenges despite its …

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Merkel challenges African leaders on driving continent’s economic development

German Chancellor Angela Merkel hosted African leaders to a meeting in Berlin on Tuesday. The summit, the third within the framework of the G20 Compact with Africa (CwA) initiative, seeks to promote increased private sector investment in Africa. At a meeting at the federal chancellery attended by representatives of the 12 partner countries of the CwA and South Africa, being …

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Stakeholders discuss future of mobile money platforms in Africa

Stakeholders from 8 African countries deliberate on policies and frameworks to drive innovation, technology and sustainable mobile payment ecosystem Key representatives from over 8 countries in Africa gathered at a workshop organized by Vodacom in Dar es Salaam on Wednesday (21 November) to look into trends and developments shaping the mobile money industry in Africa. Sub-Saharan Africa is home to …

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How Nigerian emerged first Africa Jack Ma Prize winner

Temie Giwa-Tubosun, whose company LifeBank delivers blood to in-need hospitals in Nigeria, took first place in Jack Ma’s inaugural Africa Netpreneur Prize contest on Saturday (17 November) during a five-hour finale taped for TV in Accra, Ghana. Giwa-Tubosun pitched her way to a $250,000 cash prize over the course of eight months, beating out about 10,000 other applicants from 50 of Africa’s 54 …

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European Bank to mobilise €1 billion for women entrepreneurs in Africa

The European Investment Bank (EIB) has launched SheInvest, a new initiative that aims to mobilise 1 billion euros of investment to benefit millions of women across Africa with better access to finance and by making sustainable infrastructure services and products work for them. This initiative was launched simultaneously at the Africa Investment Forum, which took plan on 11-13 November in …

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