A private company, Mara Phones, has opened a smartphone manufacturing plant in Kigali, blazing a trail in Africa in the local production of electronic goods. Rwanda’s President Paul Kagame Monday inaugurated what is being described as Africa’s “first high tech smartphone factory” in the country’s capital city. He commended the drive towards affordable smartphones and underlined the need to boost …
Read More »Nigerian Diaspora Investment Summit 2019 holds in Abuja
Convened by Nigerians in Diaspora Commission (NiDCOM) in collaboration with Nigeria Diaspora and Alumni Network (NIDAN), the Summit is supported by the Ministry of Foreign Affairs, Nigeria Investment Promotion Council, Nigeria Export Promotion Council, and Infrastructure Concession Regulatory Commission.
Read More »Nigeria: Russia gives conditions for Ajaokuta Steel Complex to thrive
The on-the-spot assessment, which involved a facility tour, was carried out by experts from MetProm Group, a Russian company which had offered to rehabilitate the steel complex and run it.
Read More »More foreign-born teachers working in Germany
There are more teachers from abroad working in German schools than ever before. The last decade has seen an increase of 61% in the number of foreign teachers. More teachers in Germany have non-German passports than ever before, according to figures from the German Statistics Office Destatis published on 2 October. Despite the increase, the percentage remains relatively modest; only …
Read More »Dangote unveils Waste-to-Wealth, recycling initiatives in Nigeria
As part of activities marking the 2019 Global Sustainability Week, employees of the pan-African conglomerate, the Dangote Industries Limited (https://Dangote.com/) flagged off an environment initiative tagged “Waste to Wealth initiative”, focused on managing waste disposal while generating income and giving back to communities wherein it operates. The Company marked the Sustainability Week with the theme: “Our Community, Our Passion” with …
Read More »CBN fines 12 banks 400 billion naira for failing to meet target
“We believe this development is largely negative for the banking sector … the macro-environment is still too fragile to support strong growth in lending,” analysts at Cardinal Stone said.
Read More »Germany’s outstanding African students to be honoured in Hamburg
A laudable initiative to promote higher educational achievements among youth in the community of people of African origin in Germany holds its annual award ceremony in Hamburg on Saturday, 2 November 2019. The African Youth Education Awards (AYEA) motivates African-origin youth in the country to seek excellence in school. The scheme was initiated in 2011 to act against the observed …
Read More »Germany’s biggest business start-up fair holds in Berlin
Do you want to start a business, grow or revitalise your existing company and need inspiration, advice and funds? The German Founders and Entrepreneurs Days (Die Deutschen Gründer- und Unternehmertage or deGUT), holding in Berlin on 18-19 October, is the place to be. In addition to a comprehensive, free seminar and workshop program, the fair offers information on all start-up …
Read More »Nigerian-German Chamber of Commerce takes off, appoints new president
A non-profit membership organisation made up of German and Nigerian owned business enterprises, NGCC promotes increased bilateral business relationships between the two countries.
Read More »Africa’s leading bank scoops up awards at global financial industry event
“We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing to drive Africa’s growth”
Read More »Trade wars, commodity price slump threaten African economies — Report
The report provides GDP growth forecasts for various regions of the continent.
Read More »German products have best reputation in the world — new study
"Our study shows that the origin of products continues to play a significant role in how they are perceived," - YouGov
Read More »German company SAP takes digital education to every corner of Nigeria
“Preparing our youth for the Fourth Industrial Revolution will require a concerted effort by the public and private sectors to bring more youth into the digital fold."
Read More »Mastercard Foundation to empower 3 million youth in Senegal
Learning from its work in 34 countries on the continent over the past decade, the Foundation is now deepening its engagement in 10 African countries.
Read More »Dangote empowers 100,000 Nigerian women with micro-finance grant
In a bid to ameliorate poverty in the country, Aliko Dangote, Africa’s richest man, has unveiled plans to empower 106,000 Nigerian women with N1.1 billion worth of micro-grant programme. The philanthropist is set to achieve this through his Aliko Dangote Foundation (ADF) before the end of 2019. Premium Times, a Nigerian online newspaper reports on Monday that the Aliko Dangote …
Read More »SAP Africa Code Week enhances digital skills training capacity in Kenya
"We need to create new ways to foster creative thinking, technical skills and entrepreneurship among Africa's youth to ensure we can solve tomorrow's global challenges"
Read More »BREAKING! Nigeria: Buhari appoints new Economic Advisory Council
A new body replacing the economic management team led by Vice-President Yemi Osinbajo has been appointed by President Muhammadu Buhari on Monday. The announcement, which was contained in a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, gave details, “This advisory council will replace the current Economic Management Team and will be reporting directly …
Read More »Meet Africa’s Top 20 Young Entrepreneurs for 2019
After months of searching the continent, Africa's prestigious Anzisha Prize has now unveiled its top twenty finalists for the 2019 overall winner
Read More »Ethiopia unveils blueprint to create ‘economic miracle’
The government of Ethiopia has unveiled what it describes as a “Homegrown Economic Reform” agenda aimed at unlocking the country’s development potential. “Several months in the making and spearheaded by some of Ethiopia’s finest minds, our initiative aims to propel Ethiopia into becoming the African icon of prosperity by 2030,” said Prime Minister Abiy Ahmed of Ethiopia. He made the …
Read More »African women discuss technology in Berlin
The conference, according to the organizers, will welcome attendees to a day of talks, panel discussions and workshops centred on ‘Women, Leadership, Technology, Innovation, Entrepreneurship and the African Continent’.
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