Special

Exchange rates crucially impact the trade and economic performance of a country and often, they indirectly influence many different areas of your day-to-day life, from the cost of your groceries at the local market, to the cost of fuel, job opportunities and even the value of the money you remit.  To help you get a good deal on your next …

His Royal Highness Céphas Kosi Olatidoye Bansah was recently crowned the Golden Winemaker 2022 in the city of Bad Dürkheim, the heartland of the wine-producing region of southwest Germany. The 74-year-old Ghanaian, who is the Togbe Ngoryifia of the Hohoe Gbi Traditional Area, Volta Region, was bestowed with the prestigious honour at a festive reception in the large council hall …

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), has commended Nigerians in the Diaspora on the rise of remittances in the first quarter of the year, by 20.3 per cent, representing the seventh consecutive quarterly increase in diaspora remittances since last quarter in 2020. In a statement by the Commission’s Head of Media and Public Relations, Abdur-Rahman Balogun, Dabiri-Erewa …

In May 2021, the International Energy Agency (IEA) issued a report calling for a halt to oil and gas exploration around the globe at the end of 2022. NJ Ayuk, Executive Chairman, African Energy Chamber, argues in this opinion piece that denying Africa the benefits of its oil and gas resources could hinder the continent’s development—— African countries are hardly …

Africa’s Business Heroes (ABH) Prize Competition, the flagship philanthropic program established by the Jack Ma Foundation to spotlight and support African entrepreneurs, has announced the top 20 finalists for its 2022 edition. Now in its fourth edition, ABH is a Pan-African competition that recognizes and celebrates entrepreneurial talent across the continent. It offers entrants a chance to win a share …

In November 2022, leading innovators, investors, and policymakers from around the world will gather in Cape Town, South Africa, for the 8th edition of the Africa Fintech Summit (AFTS). The summit will take place on 02-04 November 2022 at the Cape Town International Convention Centre(CTICC). With participants who represent over $4.5bn in private equity and venture capital funding, the AFTS …

The good news is that Algeria, Egypt, and Nigeria are already supplying a good bit of the gas that Europe has been using to supplement Russian supplies. Even better, they also have enough spare capacity that their plans for raising production within the next few years are realistic.

While rising costs of living have been globally observed, with inflation rates soaring to new highs in major economies, less-considered is the impact these costs have on migrants around the world who are often charged with financially supporting loved ones in their home countries. WorldRemit, a leading digital remittances company, conducted a multi-country study to determine the effects of the …

The President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has given strong assurance to US investors that Africa is a secure, competitive and profitable market for investment. Adesina was speaking on Wednesday at the US-Africa Business Summit in Marrakech, Morocco, where he told American investors to see Africa as a logical investment destination and to engage with …

Ghanaian-born Swiss-based Analytical Psychologist and Psychotherapist Esther Abena Keller calls attention to the increasing psychological and mental health risks of Africans in the Diaspora, who are challenged in specific ways, socially, economically and politically. Dr Keller identifies the specific reasons why diaspora Africans are especially susceptible to mental health challenges and what could be done to address these challenges ——– …

Since joining the African Development Bank (AfDB) Group as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa. That mission received a strong boost last week at the 7th Africa Ireland Economic Forum in Dublin, as AfDB’s President, Dr Akinwumi Adesina, enjoined the Irish business community to invest more in Africa. …

In an exclusive interview with The African Courier, Godfrey Evurulobi, a graduate of international business from the University of Applied Sciences Cologne, narrates how he started and he talks about the nursing care sector in Germany and why his companies are currently recruiting Africans. The Nigerian-born entrepreneur also talks about his successes and challenges so far, and he gives tips to Africans planning to start a business in the country.

The Green politician Aminata Touré was sworn into office on Wednesday as a Minister in Schleswig-Holstein. The event, which took place in Kiel, is an historic one as Ms Touré thus became the first minister of African origin in Germany. By loading the tweet, you agree to Twitter’s privacy policy.Learn more Load tweet Always unblock Twitter Tweets “What an honour! …

Bavaria, one of Germany’s 16 federal states, wants to introduce tuition fees for students from non-EU countries. The state government has submitted a bill to the state’s parliament to open up the possibility for universities to charge third country nationals. Generally, education in tertiary institutions is tuition free in Germany except in two states, where international students from non-EU countries …

Broadcast journalists residing in a Sub-Sahara African country can participate in a fellowship being offered Germany’s leading organisation for international media development. DW Akademie is accepting applications for its Constructive Journalism Fellowship. The program brings together media professionals who want to learn more about constructive storytelling and connect with like-minded colleagues. The fellowship includes online trainings that will be held …

VivaTech is the biggest startup and tech event in Europe and is recognized worldwide as a powerful catalyst for business transformation, startup growth and innovation for the common good

NAIROBI, Kenya, 21st June 2022 -/African Media Agency(AMA)/- Graduates of the SAP Young Professionals Program are adding valuable digital skills capacity to African enterprises across the continent. According to Cathy Smith, MD SAP Africa, since the launch of the program in 2012, the support provided by graduates brings critical digital skills to African businesses to help drive greater digitalisation and …

A new report reveals signs of rebound in Ghana’s economy, but shows that COVID-19 and the Ukraine-Russia crisis will test its resilience and inclusivity. The report, Transforming Ghana, reviews the country’s development over the past ten years (2012–2021) and evaluates the African Development Bank’s contribution through its High 5 strategic priorities——— Ghana has enjoyed two decades of steady growth, but …

European Investment Bank provides €75 million to Institut Pasteur de Dakar for new vaccine manufacturing facility. The facility is expected to significantly reduce Africa’s dependence on imported vaccines and support equal access to vaccines DAKAR, Senegal, June 3, 2022/ — Large-scale financing for the new vaccine manufacturing facility of the Institut Pasteur de Dakar, a leader in the field in …

Afro-German activist Katharina Oguntoye has been awarded the Order of Merit of the Federal Republic of Germany (Bundesverdienstkreuz). The Order, colloquially known as the Federal Cross of Merit, is awarded to German and foreign citizens for political, social-economic and intellectual achievements as well as for serving the Federal Republic of Germany, such as through social engagement. Oguntoye (63) was presented …