While the cities of West Africa grapple with large migratory flows, consisting chiefly of young people, they must tackle the many challenges associated with this rapid urbanization.
The CEO of Melvin Marsh International Limited and the chairlady of the Kenya Association of Manufacturers Flora Mutahi has been appointed to the board of the United Nations Global Compact.
Botswana is a shining light and beacon of hope in the fight against corruption in Africa and has one of the best anti-corruption profiles on the continent.
By ramping up their lending to female entrepreneurs, banks in Tunisia could dramatically increase their profits while also driving economic growth across the country, says a new report from IFC, a member of the World Bank Group.
Ghana’s flagship policies might well stimulate the country’s economy but they won’t do much to get rid of poverty, even though that is their stated aim, says a UN human rights expert.
I contend that the educational system in Africa is ripe for reform, both in terms of the physical infrastructure by means of which educational content is delivered and in terms of the ways in which education is theorised and spoken about.
The Lusaka City Council has launched a Social Inclusion and Gender Policy aimed at ensuring that Council promotes a conducive and enabling working environment and ensures that its services reach all intended beneficiaries.
Amref Health Africa has been chosen to host the Strategic Purchasing Africa Resource Center, a new initiative aimed at strengthening strategic health purchasing in sub-Saharan Africa.
The World Bank announced today US$130 million in additional support for decentralization in Tunisia, which is putting local governments in charge of addressing the development needs of their communities.
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Nestlé Nigeria, in collaboration with International Fertilizer Development Centre, is helping farmers improve their livelihoods by empowering smallholder farmers on sustainable farming practices under the initiative, Nestlé Nigeria & IFDC/2Scale Project Sorghum & Millet.
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
Ford Motor Company Fund is expanding its community empowerment and upliftment programs in South Africa with the establishment of the Booth Schoch Future Success Fund.
More than sixty women and women’s groups involved in agricultural processing in the most impoverished areas of Tanzania will receive commercial and technology training to boost their productivity and profitability.
A 24-year-old Ugandan software engineer has won the Africa Prize for Engineering Innovation.
The African Development Bank Board has approved a US$15 million equity investment in Africa Food Security Fund (AFSF), to support enterprises in agri-business SMEs and enhance food security in Africa.
Kenya this week continues to strategically place itself to benefit from regional integration and reap from its warm relationship with development partners and international investors.
A consortium led by SNV Netherlands Development Organisation is set to roll out a five year Climate Smart Agriculture programme in Kenya, Tanzania and Uganda following a €39.5 million,grant from The Netherlands Ministry of Foreign Affairs.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds Clean Technology Fund to Quantum Power East Africa GT Menengai.
With Kenya and African demand for charcoal as a cheaper and affordable energy source expected to hit unprecedented highs in coming years, industry players have called on sustainable ways of producing it.
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
Kenya Climate Ventures (KCV), a World Bank Fund has concluded an investment round in Sistema.bio to deliver sustainable renewable energy and agricultural solutions to farmers in Kenya.
IFC, a member of the World Bank Group, and BIX Capital B.V, a Netherlands-based impact investment company, have joined forces to provide working capital financing to manufacturers and distributors of climate-smart household appliances.
Cornelia Richter, Vice-President of the International Fund for Agricultural Development has been in Kenya for a five-day visit where she has met with Deputy President William Ruto to discuss expanding successful rural development investments.
The European Union, Germany and indigenous renewable energy firm, Green Village Electricity Project have completed and activated two solar mini grid plants with the collective capacity to generate 100 kilowatts of clean electricity to power two communities.
Mrs. Jane Ngige is synonymous with tenacity, tact and celestial zeal. For the more than ten years she was the CEO of Kenya Flower Council, she is credited with having introduced transformative reforms.
Africa boasts huge potential for social and economic development, with agribusiness poised to play a major role.
At first glance, one cannot help but notice that Nigeria is prime ground for investment. Any doubts as to that fact are dissolved when you examine the sheer number of startups being funded, especially in the ICT sector.
The clinic aims to support participating countries foster cybersecurity at the national and regional levels by identifying challenges and opportunities to move forward their cybersecurity agenda and develop a regional approach to solve cybersecurity challenges
African Development Bank, Green Climate Fund and Africa 50 support Desert to Power programme across the Sahel
The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund have signed a letter of intent to collaborate on the Desert to Power programme
Rainmaker Worldwide has delivered its first Water-to-Water technology to Cape Town, South Africa.
Annual AI for Good Global Summit successfully connects experts in artificial intelligence and humanitarian action to advance sustainable development
The African Export-Import Bank is arranging up to $2 billion in financing support to Angola, Bank President Dr. Benedict Oramah has said.
Cloud computing has made a positive impact on development targets in Africa. The Cloud enables Africans to access storage capacity they would otherwise be unable to afford for free with services such as Google drive or Dropbox.
The Nigerian National Petroleum Corporation and its Joint Venture Partner, Nigeria Agip Oil Company Limited, have pledged their commitment to implement the Okpai Phase 2 Project to shore up the current power generation with 500 megawatts of power.
[South Sudan] Infrastructure upgrades at Nimule One Stop Border Post set to ease clearance of humanitarian consignments
The Government of South Sudan in partnership with TradeMark East Africa have aunched construction works of key infrastructure at the Nimule One Stop Border Post (OSBP) including parking yard, access roads, examination shed and drainage systems.
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
The Africa tech week has been abuzz with news of cross border public and private sector partnerships, companies aligning themselves with the burgeoning demands of the continent’s ICT sector and the growing IT spend.
South Korea ready to share its technological and industrial revolution experience with Africa says President Moon Jae-in
South Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.
FAPA Donors and African Fertilizer and Agribusiness Partnership sign agreement for supply of fertilizer in Africa
The Fund for African Private Sector Assistance donors and the African Fertilizer and Agribusiness Partnership have signed a grant agreement in support of local supply and utilization of fertilizer by smallholder farmers in Africa.
The GLACCNR coalition is ready to mobilise and work with host communities to resist plans by Uganda and the DRC to conduct oil activities in the Greater Virunga
The African Development Bank and the United Nations Industrial Development Organization signed a Memorandum of Understanding on Monday, May 21 to step up collaboration to boost Africa’s industrialization.
[Kenya] Safaricom Foundation launches new strategy to bolster economic empowerment, education and health
Safaricom Foundation unveiled its three year strategic roadmap, which commits to focus on health, education and economic empowerment.
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco.
The Nigerian oil and gas scene remains as active as ever, with changes surfacing on an almost daily basis. Last week saw the country’s first Marine Engineering Center commence its programs of 18 month academic and field work, which will lead to a masters in Marine Engineering.
Frontier technologies are converging through the increasing use of digital platforms to produce new combinatory technologies, accelerating the pace of change across multiple sectors.
Rosatom and Zambia sign general contract for construction of Centre for Nuclear Science and Technology
State Atomic Energy Corporation Rosatom and the Republic of Zambia signed a general contract for the construction of a Centre for Nuclear Science and Technology.
Rapid advancements in information communications technologies (ICT) over the past 20 years has substantially altered the ways in which people live, work, play and interact with one another.
The new facility in Ethiopia will coordinate hydropower projects in nine countries in the east of the continent
Accra, Addis Ababa, Dar es Salaam, Johannesburg, Lagos, other African cities commit to delivering their share of the Paris Agreement
Accra, Addis Ababa, Cape Town, Dakar, Dar es Salaam, Durban, Johannesburg, Lagos, & Tshwane today revealed their commitment to bold climate action and pledged to deliver on their share of the Paris Agreement.
Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank’s 11th Uganda Economic Update launched in Kampala today.
At a time when tired soils and drought as a result of weather changes have left agricultural land barren, a new low cost farming method is restoring hope among over 200,000 farmers in Eastern and Southern Africa by increasing yields and restoring soil health.
AU Deputy Chairperson Amb. Kwesi Quartey met with Li Zhanshu, the Chairman of the Standing Committee of National People's Congress of China at the AU Headquarters on Friday, where both leaders renewed their commitments to deepen the longstanding African Union-China strategic partnership.
Behind the Sustainable Intensification of Maize Legume Systems for Food Security in Eastern and Southern Africa, SIMLESA, project is the story of thousands of farmers who have transformed their lands and increased earnings.
TriLinc Global Impact Fund approves $4million credit facility for companies operating in Sub Saharan Africa
TriLinc Global Impact Fund has approved $4.4 million in loan and trade finance transactions with companies operating in Sub-Saharan Africa and Latin America.
Although the green bond market is still in its infancy, accounting for less than 0.5% of the global bond market according to Moody’s, it is experiencing strong growth and increased popularity.
[Nigeria] African Development Bank approves $1.5m for Jigawa on-grid IPP solar power procurement program
The Board of Directors of the African Development Bank has approved a US $1.5-million grant from the Sustainable Energy Fund for Africa to support the Nigerian Government’s implementation of Phase 1 of the Jigawa 1-GW Independent Power Producer Solar Procurement Program.
Global technology giants, Dimension Data and Cisco, are expanding their anti-poaching Connected Conservation programme into Zambia, Kenya, and Mozambique to continue protecting rhino.
Poor rainfall in parts of Africa has triggered the largest insurance pay-out to date for vulnerable farmers under an innovative climate risk management scheme known as the R4 Rural Resilience Initiative, R4.
The African Union Commission through its Department of Rural Economy and Agriculture is exploring ways of implementing successful agribusiness Public Private Partnerships to catalyse investments in agribusiness development on the continent.
President Kagama cited an example of the telecommunications sector which he said could reduce costs and improve efficiency through integration.
A new generation of urbane youth in Kenya are redefining skateboarding from a mere pastime to using it for community’s benefit while placing Nairobi in the global map.
Senegal is on track implementing the sustainable development goals to ensure no one is left behind by progress, Prime Minister Mohammed Boun Abdalla Dione has said.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
In 2016, the Kenya Tea Growers Association decried the uncertain future of investment in tea, due to the rising costs of labour.
USAID, Technoserve and Partners in Food Solutions in new alliance to point African farmers to profitable markets
The United States Agency for International Development and the nonprofit organizations Partners in Food Solutions and TechnoServe have announced the launch of the Alliance for Inclusive and Nutritious Food Processing.
Social impact investor Oikocredit has made a € 1 million, approximately $1.2 million convertible loan to Inyenyeri, a fuel-utility company providing clean and environmentally-friendly cooking solutions in Rwanda
[Kenya] CrossBoundary Group launches mini grid innovation lab to scale up investment in clean energy
Solar investment company, CrossBoundary Group, with the support of The Rockefeller Foundation, has launched the Mini-Grid Innovation Lab in Nairobi, Kenya.
Mastercard and Unilever have expanded their strategic partnership to help micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses.
The Economic Commission for Africa is establishing a fund to promote African women entrepreneurs as economic and business leaders, the institution’s Executive Secretary Vera Songwe has said.
Manufacturing has the potential to spark productivity more than any other sector in the economy.
MTN and Ecobank are to form task teams to identify the most appropriate financial services products for each of the 13 African markets they plan to target jointly.
The Government of Japan has announced that it will fund a project addressing youth unemployment through vocational training and enhanced cooperation with transnational corporations in Liberia’s wood industry.
MTN and Ecobank are forming task teams to identify the most appropriate financial services products for each of the 13 African markets they plan to target jointly.
Hanergy, a pioneering multinational clean energy company has launched of its "Lighting Africa" Project, under which the company will donate its first off line bath of solar-powered Humbrella.
Merck Foundation connects Africa to Asia to build the Cancer and Fertility Care capacity in both continents
Merck Foundation, the philanthropic arm of Merck KGaA Germany, commits to building Cancer care capacity in Africa and Asia through its partnership with India.
The United Bank of Egypt (UB) and the Industrial Development Authority (IDA) signed a joint cooperation protocol last week aimed at supporting small and medium enterprises (SMEs).
IFC, a member of the World Bank Group has announced the formal launch of ‘Africalease’, an association that will promote leasing across sub-Saharan Africa.
The Africa Mini-grid Developers Association, AMDA, has announced its official establishment.
The successful implementation of the 2030 Agenda for sustainable development demands new data acquisition and integration approaches, says Oliver Chinganya, Director of the Africa Center for Statistics at the Economic Commission for Africa.
The Government of Japan has announced that it will fund a project to promote youth entrepreneurship in north-eastern Nigeria.
Angola has accepted the offer of Russia’s Roscosmos to build Angola’s second satellite, AngoSat-2
Millenium Challenge Corporation $8.8 million to advance progress on development of Burkina Faso Compact
The U.S. Government’s Millennium Challenge Corporation has announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.
The study explores the potential impact of technology in global labour markets and identifies concrete actions countries can take to prepare for the changing nature of jobs and leverage the benefits of emerging technologies.
Proparco has taken an equity participation worth 5.9 million in Enda Tamweel, the pioneering microfinance institution in Tunisia.
The Global Book Alliance is launching a new Global Digital Library in Ethiopia to increase the availability of high quality reading resources for children and youth across the country.
The African Development Bank has launched the Say No to Famine – Short-Term Regional Emergency Response Project, STRERP, for Somalia.
Nigeria has stepped up its fight against cancer with the launch of its National Cancer Control Plan 2018-2022.
The United Nations Secretary-General has appointed Bola Adesola of Nigeria, CEO of Standard Chartered Nigeria, and Paul Polman of the Netherlands, CEO of Unilever, to serve as the two Vice-Chairs of the Board of the United Nations Global Compact.
Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement today on the margins of the IMF-World Bank Group Spring Meetings.
Global refreshment brand Lipton and charity organization WE have partnered to empower 80,000 women in tea farming communities across Kenya by providing them access to financial and business skills training.
Much of the 20th Century has been characterized by the agitation for the promotion of equality and equity for women who for a long time have played at the periphery of society.
African Development Bank and Asian Infrastructure Investment Bank sign agreement to promote cooperation
African Development Bank and Asian Infrastructure Investment Bank have signed a memorandum of understanding to enhance collaboration on sustainable economic development.
Although Uganda is the 8th largest coffee producer in the world and the top African exporter, its coffee is relatively unknown in the United States.
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20, says Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank, released today.
European Union Commissioner Mariya Gabriel has reiterated Europe’s commitment to help Africa build a single digital market, so that e-commerce can pave the way to better jobs and greater equality on the continent.
Sustainable energy consumption and 'green' energy production at home is becoming a new lifestyle.
Responsible Index Mining 2018, shows no action is found on some issues on which companies would be expected to act, such as monitoring the impacts of mining on children, tracking whether community grievances are being dealt with appropriately, or checking that workers’ wages meet or exceed living wage standards.