Special

African Development Bank approves $1.5 billion for farmers to avert food crisis

Initiative to benefit 20 million African farmers, who will receive certified seed and technology to rapidly produce 38 million tons of food——— ABIDJAN, Ivory Coast, May 20, 2022/ — The African Development Bank Group’s Board of Directors on Friday approved a $1.5 billion facility to help African countries avert a looming food crisis. With the disruption of food supplies arising …

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Investment by German companies in Africa stable despite coronavirus pandemic

German investments in Africa stabilised in 2020 and 2021 after reaching a record high before the outbreak of the coronavirus pandemic in February 2020. This was revealed by the Afrika-Verein der deutschen Wirtschaft e.V., an association of German companies active in Africa, in a press statement on Chancellor Olaf Scholz’s visit to Senegal, Niger and South Africa. The investment stock …

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Google offers 30,000 scholarships to African developers

Google has announced an additional 30,000 Android and Google Cloud training scholarships for aspiring and professional developers in Africa as part of its programme with Andela and Pluralsight. The programme aims to engage with existing and aspiring developers to help them build the skills they need to get a job in tech after the programme is over. The Google Africa …

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45 start-ups in Africa to compete for 2022 AfricaTech Awards

Viva Technology, IFC announce 45 emerging start-ups with biggest impact potential in Africa to compete for the 2022 AfricaTech Awards — Viva Technology and the International Finance Corporation (IFC) have announced the top 45 start-ups that have been long-listed for the first edition of the AfricaTech Awards. This pan-African initiative, supported by Proparco, aims to recognize and support emerging start-ups …

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Safer surgical care in Africa by 2030 — Health Ministers pledge

Under the patronage of His Excellency Macky Sall, President of the Republic of Senegal, who is also the current Chairman of the African Union, medical experts and health ministers gather for Breakthrough Symposium in DakarFollowing a three-day International Symposium bringing together medical experts from 29 African countries, Ministers of Health from around the continent converged in an historic moment to …

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Egypt to host 8th Edition of Africa Women Innovation and Entrepreneurship Forum

Egypt’s Minister for International Cooperation, Dr Rania Al-Mashat has announced that Egypt will host the 8th edition of the Africa Women Innovation and Entrepreneurship Forum (AWIEF) conference and awards on 26 – 27 September in Cairo. The minister made the announcement on Tuesday, 10 May 2022 at a joint press conference held by the International Cooperation Ministry, AWIEF and the Egyptian Businessmen’s …

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Showcasing Cameroon as an attractive investment destination of choice

An international law firm is promoting Cameroon as a country offering very lucrative investment opportunities. Centurion Law Group has announced the publication of its Cameroon Africa investment Guide, showcasing a land of “a diverse population of young and old contributing to their investment opportunities and business environment”. “With one of the most urbanized populations in Western Africa, Cameroon shares a …

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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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