• Africa: True cost of fake electrical goods trade

    Wednesday, November 20, 2024

    Financial pressures in South Africa and across Africa have led to a surge in demand for cheaper products, creating a lucrative market for counterfeiters. This has even extended to electrical goods which have infiltrated between 40% to 80% of markets on the continent, posing a potentially lethal risk to millions of consumers. At best, they […]

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  • Facilitating Japanese investment in Africa

    Sunday, November 17, 2024

    With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate capital flows. […]

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  • Collaboration can reduce Africa’s supply chain issues

    Monday, November 11, 2024

    Most of Africa’s trade is carried out via sea routes. Geopolitical conflicts, however, including the war in Ukraine and attacks on commercial shipping vessels in the red sea, have caused detours and delays, impacting on maritime trade to and from Africa. This new wave of disruption follows the unprecedented global logistics crunch caused by the […]

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  • Global oil demand to hit 120.1m barrels per day

    Friday, November 8, 2024

    Global oil demand is projected to reach 120.1 million barrels per day (BPD) by 2050, while energy demand will rise 24% during the same period, says the Organization of Petroleum Exporting Countries (OPEC) Secretary General Haitham Al Ghais. Delivering a keynote address at the African Energy Week: Invest in African Energies 2024 conference, Al Ghais […]

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  • African Energy Week opens in Cape Town

    Wednesday, November 6, 2024

    The African Energy Week (AEW): Invest in African Energies 2024 conference officially opened in Cape Town, South Africa with calls from the industry to ‘drill baby drill.’ Citing the need to enhance climate justice through the development of domestic energy resources, industry leaders from across the continent underscored the need to sign deals, foster partnerships […]

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News

Apr
1

Ruto urges Kenyan private sector to sponsor Safari Rally

Kenyan President William Ruto has called on Kenya’s private sector to play a greater role in hosting the World Rally Championship (WRC) Safari Rally. Saying the global event presents huge untapped opportunities for business people, President Ruto asked them to participate and take advantage of the benefits the rally provides. President Ruto pointed out that […]

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Mar
27

Empowering Africa’s small, medium-sized enterprises

Nearly 70% of small and medium-sized enterprises (SMEs) in Africa invested in technology in the past 12 months to help boost growth and resilience – an indication that SMEs are embracing the positive impact of technology. There are numerous opportunities that unlock the full potential of digitalisation for these businesses and the continent, which means […]

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Mar
23

Dada calls for African musicians to collaborate

In continuation of promoting and showcasing African artistes, providing them with platforms to reach a global audience beyond their home countries, the President/Executive Producer, All Africa Music Awards, AFRIMA, Mike Dada, would be sharing his thought at the BridgeAfric’s Southern Africa launch in Malawi on Saturday. BridgeAfric, led by the dynamic Victoria Nkong, is a […]

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Mar
19

TikTok, AU forge multi-year partnership

In an era where digital connectivity defines daily life, TikTok, the global pioneer in short-form mobile video, is thrilled to unveil a groundbreaking partnership with the African Union Commission’s Women, Gender, and Youth Directorate (WGYD), aimed at bolstering online safety awareness among the youth as well as parents, teachers and guardians in Africa. This innovative […]

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Mar
18

Sweden: Huge risks for victims of human trafficking

There are great risks of continued exploitation when society does not detect crime victims in prostitution and human trafficking. At the same time, there are several shortcomings in the support and protection for vulnerable people, shows a new report from the Swedish Gender Equality Agency. “Children and young people are at risk of being sexually […]

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Mar
15

Kirsten Neuschäfer: Making waves and setting records

Far from the glamour of a glittering awards ceremonies, which bring together the who’s who of global sport, Kirsten Neuschäfer finds solace in the vast expanse of the ocean, a place where the only spotlight comes from the sun. She’d far rather be all alone on her beloved boat, Minnehaha. But the South African sailor […]

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Mar
14

Exhibition to elevate African art and empower artists

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and its artists. The exhibition will display more than a thousand works of art from emerging and “un-galleried” […]

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Mar
14

Bright future for Africa’s agrifood sector

The 3rd African Agribusiness Leaders Dialogue (AALD3), held online and in person in Accra, has highlighted the barrier-breaking role of young African ‘agripreneurs’ in the agrifood sector. Hosted by the Food and Agriculture Organization of the United Nations (FAO) Regional Office for Africa, AALD3 gathered perspectives from the private sector ahead of FAO’s 33rd Session of the Regional […]

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Mar
11

Basketball Africa League begins 4th season

The 2024 Basketball Africa League (BAL) season tipped off this weekend with a sold-out crowd on Saturday at the SunBet Arena in Pretoria, South Africa. In the Kalahari Conference group phase opener, first time participant Morocco’s FUS Rabat beat Angola’s Petro de Luanda 82-73 two-time BAL finalist, with four FUS players scoring in double figures. In […]

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Mar
10

To tackle poverty, Africa needs welfarist policies

President of the African Development Bank (AfDB) Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa to make poverty history as he outlined a compelling case for welfarist policies and people-centered development. “Given the high levels of poverty in Africa, and Nigeria, what is needed are welfarist policies that exponentially expand opportunities […]

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