[Column] Titilayo Adewumi: West Africa’s circular economy efforts at the forefront of fostering a more sustainable future
The vast majority of population growth across the continent will be concentrated in urban areas. WEF data indicates that more than 80% of Africa's population growth between now and 2030 will be in cities, with Lagos growing at a pace of 77 people every hour.
AWS expands access to free cloud skills training on its mission to educate 29 million people by 2025
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company has announced four initiatives to empower learners and make it even easier for anyone with a desire to learn to access free cloud computing skills training and unlock new career possibilities in the cloud.
RIKA’s programme aims to bridge the gap between traditional HR practices and more holistic leadership approaches through a training program that brings together business, thought and HR leaders from around the world as faculty and speakers.
CareerBox announced its African expansion with the opening of a branch in Nairobi, Kenya, as part of efforts to reduce unemployment using demand-led training in order to create sustainable service industry job opportunities.
Nigeria will act as the company’s hub for the West Africa region. Workpay is a graduate of Y Combinator and Google for Startups Africa.
Sub-Saharan Africa is set to emerge from the 2020 recession sparked by the COVID-19 pandemic with growth expected to expand by 3.3 percent in 2021. This is one percent higher than the April 2021 forecast according to the latest edition of Africa Pulse.
CDC commits $100m to African Development Partners III to fuel medium-sized and large companies in Africa
CDC Group, UK’s development finance institution and impact investor announced a $100 million commitment to African Development Partners III, advised by Development Partners International LLP (DPI), a pan-African private equity firm.
The International Air Transport Association (IATA) called on the South African government to step up its support for the air transport industry to facilitate the recovery of industries supported by aviation such as travel and tourism.
UCLG Africa partners with 01Talent Africa to accelerate digital transformation in Africa through youth training
The UCLG Africa - 01Talent partnership aims to train more than 500,000 talents on the continent free of charge and according to the best global standards over the next 10 years.
Bloovo, the recruitment technology company specializing in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products
The African Development Bank has approved a $137 million loan to support Botswana’s economic recovery from the Covid-19 pandemic.
A financing package from IFC will help BCI Holding SA, a regional manufacturer and distributor of polyurethane (PU) raw materials, systems and specialities to further expand its production in Algeria, Egypt, and Nigeria.
Rwazi, a company that provides organizations with on-ground data from Africa is recruiting 10,000 young Africans.
While training programmes can help bridge the skills gap for women from disadvantaged communities, it is vital that organisations develop a culture of mentorship to help women progress in their careers.
Many of the technologies we take for granted in our day-to-day work lives were developed over the past 10 to 20 years, including Skype in 2003, Gmail and Facebook in 2004, Twitter in 2006 and the iPhone, the world’s first true mainstream smartphone, in 2007.
Alithya announced the opening of a subsidiary office in Tangier, Morocco, to leverage the North African country's rich IT talent pool in order to bolster the expertise of its teams, and help advance the innovative work.
The Fund for African Private Sector Assistance (FAPA), launched its Africa Franchise Accelerator Project in Tanzania, to promote and model franchising as part of a national enterprise development strategy to stimulate economic integration.
IFC announced a financing and advisory services package for CHO Group, Tunisia's olive oil producers and exporters, to help the company expand production and create jobs in the agriculture sector.
The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), and ZED Energy signed shareholders agreement on the construction of Brass Petroleum Products Terminal.
Value chains project supported by the AfDB helps increase animal production, income of agro-entrepreneurs in Gambia
The Agricultural Value Chains Development Project , implemented since 2016 in The Gambia, has increased animal production and the income of agripreneurs, according to the African Development Bank (AfDB).
Vodacom is also donating Facebook advertising to jobseekers, helping them to promote their profiles using Facebook banner advertising to reach hiring managers across the country.
The World Bank discussed the new Country Partnership Framework (CPF) for Malawi, which supports the creation of more jobs, the strengthening of human capital, and supporting foundations for economic growth and accountability.
The Ministry of Employment and Labour Relations, the International Labour Organisation and the European Union have jointly launched the Trade for Decent Work (T4DW) Project in Accra.
In a recent study by Microsoft, more than 25 percent of remote workers had personally experienced a cyberattack. This is largely as a result of employers being forced to quickly implement a remote work strategy.
In a boost to business confidence, South Africa has won an award as the top global location for business process services, in a sector that is rapidly expanding locally and exporting call-centre and related services to other parts of the world.
Will people return to the office when it’s safe to do so? Since the start of the pandemic last year, organisations and employees across the world have embraced remote work like never before.
The economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic.
Ekuity Capital, Tuniso-Kuwaiti and Pfizer certified among the best places to work in Tunisia for 2021
6 companies made the list this year in Tunisia as the best places to work.
CVPeople Tanzania is a talent acquisition and recruitment company that has for 6 years established itself as a frontrunner in the executive search and headhunting for clients across banking, telecom, and NGO sectors.
Proparco’s grant of a portfolio guarantee to Société Générale Moçambique will enable the bank to increase its SME financing activity.
Mozambique’s economy is expected to gradually recover from 2021 but substantial downside risks remain due to uncertainty surrounding the path of the COVID-19 pandemic.
Kenya Breweries Limited, KBL, has launched a Diageo Bartenders Academy whose aim is to upscale, build capacity and trade engagement to Kenyan bartenders.
Côte d’Ivoire is expecting €1 billion from the European Union to improve the sustainability of its cocoa industry.
The National Confederation of Cameroon Cooperatives and Agro-pastoral Federations, met development partners in Yaounde to find solutions to farmers' challenges such as project writing and financing.
MTN Group has unveiled its a new Employee Value Proposition (EVP) entitled “Live Inspired” to drive agility, flexibility and future fit skills for its workforce.
IFC released its new Social Bond Impact Report, showing cumulative volume raised from the program more than doubled in FY2020, bringing the total to over $3 billion since the program's founding.
The U.S. International Development Finance Corporation (DFC), signed a $14.75 million loan portfolio to support lending to small and medium enterprises in West Africa and the Sahel region.
The ILO has joined the Global Action Plan for Healthy Lives and Well-being for All (SDG3 GAP), becoming the 13th signatory agency to the partnership.
Orange Egypt, provider of integrated telecommunications services, has been certified as “Top Employer for 2021” in Egypt and Africa for the seventh year in a row by the global Top Employers institute.
The investment of over $1billion by Heirs Holdings in the acquisition of the strategic OML 17 from Shell, ENI and Total, has been described by various analysts as a very positive affirmation of confidence in the robustness of the Nigerian economy.
A warehouse manager has one of the most challenging jobs around. They have many responsibilities and have to oversee one of the most complex yet critically important aspects of the business.
FAO and the French Development Agency (AFD), launched a new €3.5 million project to improve sustainable wildlife management and food security in the world's largest terrestrial transfrontier conservation area.
Ford Motor Company announced an investment of $1.05 billion in its South African manufacturing operations to modernize, expand South African manufacturing for all-new Ranger.
The implementation of the Support Project for Internal Resource Mobilization and the Improvement of Economic and Financial Governance, supported by the African Development Bank, has contributed to strengthening Niger's economic resilience.
The World Bank approved a $50 million grant from the International Development Association (IDA) to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector.
A loan from IFC, a member of the World Bank Group, and the Dutch Entrepreneurial Development Bank FMO, announced a loan to support growth, exports, and jobs in South Africa's blueberry industry.
IFC announced a loan to Kioo, East Africa's largest producer of glass bottles, to help the Tanzanian company weather COVID-19-related challenges, protect jobs, and invest in energy-efficient machinery to reduce its carbon footprint.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, was recognized as Top Employer for 2021 in Middle East and Africa.
CDC Group, the UK’s impact investor and development finance institution (DFI), announced a commitment to invest over $1 billion again in African businesses in 2021.
More than 100 million jobs could return to the global Travel & Tourism sector during 2021, as the world recovers from the crippling COVID-19 pandemic, says the World Travel & Tourism Council (WTTC).
The UN approves new strategy to accelerate business action to achieve SDGs, more ambitious climate targets
The UN Secretary-General, António Guterres, Chair of the Board of the UN Global Compact, announced a new three-year strategic plan to increase and accelerate corporate sustainability and principled business.
Value Seeds, Mastercard Foundation partner to support women farmers' recovery and resilience in Nigeria
10,000 women in Nigeria will be selected as direct beneficiaries of a two-year agricultural intervention, as Value Seeds launches their COVID-19 Recovery and Resilience Intervention Project in partnership with the Mastercard Foundation.
Boehringer Ingelheim, Teleperformance, Comdata Group, Dell and Lundbeck are among the top best places to work for in Africa according to the prestigious “Best Places To Work” certification program.
American and Ghana tech startup Ajuma Technologies, Ltd. has announced their plans to launch in early 2021.
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
Egypt could unleash economic growth and create more and better jobs by addressing constraints to private sector activity, according to a report published by the World Bank Group.
IFC signed a partnership agreement with the American Chamber of Commerce in Egypt (AmCham Egypt) to help Egyptian companies create more flexible and inclusive workplaces.
The Food and Agriculture Organization of the United Nations (FAO) welcomed the recent decision by the Global Environment Facility (GEF) Council to approve 13 FAO-led projects in 16 countries, totaling to $78.5 million.
Much has been made of the Fourth Industrial Revolution (4IR) and how it will impact the jobs of today. 4IR is the age of intelligence, with an increasing overlap between the physical and technological worlds.
Insights from Africa's Largest Career Portals reveal Impact of COVID-19 on Jobs Markets in Nigeria, Ghana and Kenya
ROAM Africa (Ringier One Africa Media) has today released three new labour market reports that shed more light on the effects of the COVID-19 on the African jobs market.
The World Bank approved a $400 million program to support Morocco’ social protection system, as part of the kingdom’s sweeping reforms to strengthen its social safety nets.
IFC announced a loan to I&M Bank Rwanda, to help the bank increase lending to potentially thousands of Small and Medium Sized enterprises in Rwanda, many of which are facing COVID-19-related liquidity challenges.
Société Générale and the European Investment Bank (EIB) confirmed agreement of a new joint initiative to support economic development across Cameroon.
Over the last two decades, Ethiopia has registered fast economic growth which has led to significant national poverty reduction.
IFC invests in Mali mineral lime producer to boost agribusiness, support mining sectors’ local content
IFC announced an investment in Carrières et Chaux du Mali, to help the company increase production of agricultural lime and quicklime, essential inputs that will strengthen Mali's important agriculture and mining industries.
IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country's goal to strengthen its private sector, attract investment, improve public services, and create jobs.
Despite the profound crises of 2020 which have jeopardized hundreds of thousands of jobs across Africa, the African Energy Chamber expects employment to remain strong due to ongoing capital projects sanctioned since 2018.
The Free State-based Botshabelo Industrial Park has attracted investments to the tune of more than half-a-billion rand because of the revitalisation programme being rolled out in the park by the Department of Trade, Industry and Competition (the dtic).
As we move towards a post-pandemic world of work, the traditional workplace model will shift to embrace an emergent hybrid workforce of office-based and remote workers.
World Bank supports establishment of Development Bank Ghana to boost access to finance, job creation
The World Bank approved $250 million from the International Development Association (IDA) to support the establishment of the Development Bank of Ghana (DBG) to increase access to long term finance and boost job creation.
[Column] Grace Kamau, Gulraj Grewal: Mental Health: Beyond the Investments – Work from Home or live at work?
While the country is starting to reopen, many organizations are choosing to continue imposing a work from home policy.
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by attracting more investment.
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations.
Recruiting and staffing have become more complex, technology driven and many businesses view this disruption as a threat. They need to understand that they cannot continue using traditional methods and keep doing things the same old way.
IFC announced an investment in an Egyptian private equity fund to help improve access to capital for small- and medium-sized companies in the country, supporting their resilience, growth, and ability to create jobs.
The United States, through the USAID and Egypt’s Ministry of International Cooperation signed an agreement to add $22.8 million to the five-year Inclusive Economic Governance bilateral assistance agreement.
Mastercard study highlights the digital divide that needs to be addressed to power gig economy growth in East Africa
Mastercard released a white paper revealing how gig work across East Africa is helping to drive economic growth by facilitating economic opportunities, improving livelihoods, and acting as a buffer against unemployment.
A new World Bank report identifies agribusiness, entrepreneurship, apprenticeship, construction, tourism and sports as key sectors that can offer increased employment opportunities for Ghanaian youth.
160,000 poor rural households in Lesotho will benefit from new financing for a project that will boost food security and nutrition, mitigate the impact of climate change and strengthen livelihoods for greater income.
65% of Kenya's workforce already earning less and more than half expecting the pandemic to further affect their income and/or employment, report
A Standard Chartered survey finds that COVID-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half expecting the pandemic to further affect their income and/or employment.
[Column] Reem Asaad: The changing face of technology in Africa and the Middle East, how efforts at improving gender equality are making a difference
Among the world’s top 10 global tech giants, women hold just 19% of tech-related jobs. In South Africa this figure amounts to 23%, according to Women in Tech ZA.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
More than 8 500 jobs will be created through the Tshwane Automotive Special Economic Zone (TASEZ), and up to 70% of those jobs will go to local residents of Mamelodi and surrounding areas in Pretoria, South Africa.
The World Bank approved $75 million development policy operation for Madagascar to mitigate the impact of the COVID-19 crisis.
Africa CDC, in partnership with IHR Strengthening Project of Public Health England, launched a web-based tool, AVoHC Net, to facilitate rapid deployment and better administration of a standby workforce for public health emergencies across Africa.
The European Investment Bank (EIB), and al Amana Microfinance announced the signature of a €3 million finance contract supporting access to financing and the development of Moroccan micro-enterprises.
An unforeseen work-from-home revolution has caught many companies by surprise as most employees have now been forced to work from home.
Abdul Said Konde is a youth resident in Tudor informal settlement in Mombasa County. Like thousands of other young people across the country, he is not formally employed and the Covid-19 pandemic has made it even harder to access manual jobs.
Mental health is said to be a state of well-being in which an individual realizes his or her own abilities, to cope with the normal stresses of life, work productively, and is able to make a contribution to his or her community.
South Africa’s overall GDP is expected to decline by at least 5.1 and up to 7.9 percent in 2020 and recover slowly through 2024. This will lead to major setbacks in addressing poverty, unemployment and inequality, according to a new UNDP study.
The International Air Transport Association (IATA) released new data indicating that the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April.
According to Mercer’s When Women Thrive 2020, Sub-Saharan Africa Report, key areas such as advancing and retaining female employees have shown some progress over the past few years.
The Botshabelo Digital Hub site has been revitalised and is ready to enhance job creation in the Free State.
In an effort to cover the informal sector in Zambia, Workers’ Compensation Fund Control Board (WCFCB) has embarked on a programme to extend social protection to the informal economy and domestic workers will be given priority this year.
High Court rules in favour of government to localise production of industrial components in South Africa
The Gauteng High Court ruled in favour of Government in a matter involving procurement conditions applicable to electrical transformers, a judgement that will boost efforts to localise production of key industrial components in South Africa.
The European Investment Bank (EIB) and the Afreximbank are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
The Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector.
[Ghana] COVID-19 forced businesses reduce wages for over 770,000 workers, caused 42,000 layoffs, study
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.