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.
Lagos State, Nigeria’s largest healthcare market, lacks an adequate supply of quality secondary and tertiary healthcare facilities with only about 700 to 1,000 quality beds for a population of over 21 million people.
Access Bank Ghana has committed to issuing a sustainability report following the world-acclaimed Global Reporting Initiative, GRI, Sustainability Reporting Standards.
The Economic Commission for Africa will soon be partnering with the private sector to ensure the sector plays a role in delivering growth and prosperity in Africa.
The World Bank announced today a new US$500 million investment in Egypt’s education reforms, to support increasing access to quality Kindergarten education, improving the quality of learning and adopting technology as a vehicle to achieve the reform objectives.
AfDB’s Trade Finance Operation signs $100m soft commodity finance facility agreement with the Export Trading Group
The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC).
The Landlords and Tenant Bill, 2018, makes it mandatory for the Parties to execute a Tenancy Agreement in writing in order to document and provide a framework for their relationship and requires that in making the Agreement, the tenant provides a National Identity or Alien Identification card for non-citizens.
More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade – PwC report
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value.
Fidor, a provider of digital banking services, has signed a Memorandum of Understanding with the IFC (International Finance Corporation) to identify opportunities to expand digital banking services in Africa and Latin America to boost financial inclusion.
The World Bank Group’s Scaling Solar program, designed to help remove obstacles to developing large-scale solar power in developing countries, has set a new benchmark in Senegal resulting in two bids that will produce electricity for under 4 Euro cents.
RwandAir and Question Coffee have announced a ground breaking partnership to serve Rwandan specialty coffee on all of RwandAir flights with over 2 million cups to be offered in the next 2 years.
Technoserve’s Mom and Pop Shop projects return up to 41 per cent profit for owners in Nigeria and Kenya
Nonprofit organization TechnoServe has announced the results of the Mom and Pop Shops project, which reached nearly 1,000 owners and employees of micro-retail outlets over two years.
According to a recent report, Resourceful dealmaking: Outlook for M&A in Africa, there has been a dramatic fall in M&A activity, with declines of 25% in volume and 26% in value in the first half of 2017, compared with a relatively buoyant 2016.
According to a recent report, there has been a dramatic fall in M&A activity, with declines of 25% in volume and 26% in value in the first half of 2017, compared with a relatively buoyant 2016.
Kenyan fishermen lose up to 25 per cent of their stock to poor storage which include the use of ice blocks which often melt during transit. To insulate themselves from further losses they are embracing innovative cold chains.
Africa is rising, and nowhere is this better exemplified than in its burgeoning cities that numerous reports have primed as prestigious, having positioned themselves to sate the growing demand from a booming urban population.
Financial institutions should embrace housing microfinance to address Sub Saharan Africa needs, study
A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs.
Bako Ambianda is the Founder, Chairman, & CEO of Labacorp Group, a diversified portfolio of businesses and strategic investments in key economic sectors spanning manufacturing, construction, power, agribusiness, real estate, and exhibition - amongst which is the GAA Exhibitions & Conferences.
Global bank Citi has launched its Volunteer Africa programme 2018, returning to Uganda to help a new group of local SME’s and entrepreneurs grow their businesses.
Despite daunting challenges, several economies in Sub-Saharan Africa are making progress in enacting laws that promote equality between men and women, says the World Bank Group’s Women, Business and the Law 2018 report.
Afreximbank targets $700m financing support for Trade, Infrastructure and Agro-Processing Development in Mali
The African Export-Import Bank (Afreximbank) will arrange $700 million multi-sourced finance to support trade and related infrastructure projects in Mali, focusing mainly on transport logistics, tourism, agro-processing and the financial sector.
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market.
Every January just before the start of the new school year, parents in Kenya and across Africa often face a huge headache: purchasing textbooks and school uniforms for the school year ahead.
By 2020, African countries will fully exploit mobile devices and the internet to conduct demographic and housing censuses more speedily, hence enhancing decision making for the achievement of the Sustainable Development Goals.
IDH and Rockefeller Foundation partner to support Nigeria cassava value chain with a $2million investment
IDH, The Sustainable Trade Initiative, has received a grant of a $2 million grant from The Rockefeller Foundation to the IDH Cassava Initiative, to go towards industrializing the cassava value chain in Nigeria.
Kenya National Chamber of Commerce and Gulf African Bank ink deal to boost women, youth and persons with disabilities owned SMEs
Kenya National Chamber of Commerce and Industry and Gulf African Bank (GAB) have signed a Memorandum of Understanding with aimed at boosting economic inclusion, empowerment of women, youth and persons with disabilities owned SME’s.
European Investment Bank and d.light announce $25 million financing to strengthen Africa access to clean energy with solar kits
The Vice-President of the European Investment Bank Ambroise Fayolle has announced the signing of $25m in financing with d.light design to strengthen access to energy in Africa via solar kits.
Leroy Mwasaru a 20-year-old Kenyan runs Greenpact, a social enterprise creating biogas and fertilizer made from human and organic waste.
IFC, a member of the World Bank Group, has committed to expand support for initiatives in South Africa that help address persistent challenges in job creation, especially for young people and women.
TradeMark East Africa and the Government of Rwanda have signed an MOU extending their partnership to 2023.
Rapid urbanisation across the continent is having an effect on water demands and it is estimated that by the year 2030, the world will need 40% more water than its current accessible, reliable supply.
The ability for industry to create an inclusive society is often obscured by narratives that center profits and markets or languages of GDP growth and trade statistics.
Signing African Continental Free Trade Area giant stride forward for the development of Africa, UNECA
“With the signature of the Kigali Declaration for the Launch of the African Continental Free Trade Area, Africa makes a giant stride forward in continental integration and in the development of our continent”, the UNECA has said.
The Zimbabwe Reconstruction Fund has received an additional $4.2 million from the UK’s Department for International Development to help strengthen the country’s policy frameworks and delivery systems.
Vodacom launches future jobs innovation to boost digital economy employability, targets 600,000 South African youth by 2022
Vodacom, through its youth segment platform NXT LVL, has launched a future jobs programme under the banner “What will you be?”
First political risk insurance to unlock $1.4 billion clean energy investment across Africa unveiled
The joint initiative to tackle key investment challenges holding back crucial energy investment across Africa has been formally launched.
National Nurses Association of Kenya partners with Nestlé Nutrition Institute to launch “The First 1000 Days Nurses’ Academy”
The National Nurses Association of Kenya in partnership with Nestlé Nutrition Institute Africa have launched a training programme to equip pediatric and midwifery nurses with knowledge and skills in the ‘First 1000 Days’ of a child’s life.
Tyre manufacturer Goodyear South Africa has launched an enterprise and supplier development initiative, Umthombo Development Programme.
African Development Bank and the International Solar Alliance team up to drive solar development in Africa
The African Development Bank’s Vice-President for Power, Energy, Climate and Green Growth, Amadou Hott, took part in the Founding Conference of the International Solar Alliance (ISA).
[Kenya] Safaricom among 10 case studies of companies around the world offering employer- supported childcare
Companies that offer childcare benefits for their employees stand to benefit from improved recruitment, retention, and productivity of workers, according to a report by IFC, a member of the World Bank Group.
The United Nations Global Compact has officially launched its local network in Morocco. A memorandum of understanding was signed between the UN Global Compact, the General Confederation of Moroccan Companies and UNDP Morocco.
Afreximbank, ECIC sign MOU, pledge $1bn to expand trade between South Africa and other African nations
The African Export-Import Bank and the Export Credit Insurance Corporation of South Africa have entered into an MOU to launch a $1 billion financing program to promote and expand trade and investments between South Africa and the rest of Africa.
A lot can happen in a year. And when that year is 2018, a year in which we stand on the threshold of an exponential future driven by technologies such as artificial intelligence, big data, IoT and blockchain, the world may look very different by the end of it than it does now.
Wefarm secures $5million seed funding to reach offline farmers and ease pressure on global food supply
Wefarm, a farmer-to-farmer digital network currently in Kenya and Uganda has secured $5 million in additional seed funding, led by Silicon-Valley based True Ventures.
BeepTool Communications, a Nigerian fintech and VoIP company has been positioning itself to change the landscape of mobile communication and connectivity inclusion in Sub-Saharan Africa by offering low cost ICT solutions.
The OPEC Fund for International Development has signed a public sector loan agreement with Zimbabwe to support the Smallholder Irrigation Revitalization Project, which aims to reduce rural poverty.
Investing in Greater Kampala will not only benefit residents, but the rest of Uganda, according to a World Bank report.
The world of manufacturing is beginning to realize the value of women’s participation for its advancement, as it transforms through technology and rapid digitization.
Plan International renews contract of ITC Global for communication services in 24 sites across Western and Central Africa
ITC Global, a provider of satellite communications to remote and harsh environments has been awarded a three-year contract renewal by Plan International for service to 24 sites across western and central Africa.
Nestlé Kenya has joined thousands other companies from across the globe in signing the UN Women Empowerment Principles as the company commemorated the 2018 International Women’s Day.
GE Healthcare and Amref Health Africa have announced a framework agreement that aims to develop a range of in-country health care service collaborations.
African Telecommunication Union (ATU) and Huawei jointly released White Paper on Rural Coverage in Africa in Barcelona, Spain on the sidelines of the MWC.
The Dangote Rice Outgrower Scheme in Jigawa State has reached a turning point with the yaying of a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin,
1bank4all is a social fintech startup that seeks to promote the social welfare of poor individuals and communities through innovative low cost banking model.
Moustapha Sene is soft-spoken, but he is sure of what he's doing, and has proved a rare knack for seeing the obvious.
Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force in driving development, according to the first comprehensive Global Progress Report
The English Access Microscholarship Program in Bahir Dar has been launched at Bahir Dar University.
In a major boost to its Corporate Social Responsibility profile, Dangote Cement Plc, Ibese Plant has announced a multi-million Naira educational scholarship award for 115 students from its 15 host communities for the 2017/2018 academic session.
UNWTO signs agreement with Nigeria Tourism Corporation to strengthen national tourism statistical system
In an effort to better measure tourism growth and development in Africa, United Nations World Tourism Organization, UNWTO, has signed a Cooperation Agreement with the Nigeria Tourism Development Corporation.
Democratic Republic of Congo's government reinstates illegal logging concessions in breach of its own moratorium
The Congolese Minister of Environment, Amy Ambatobe, has reinstated 6,500 km² of logging concessions that were cancelled in August 2016 by the then Environment Minister Robert Bopolo.
South African based motor dealer Halfway Ford, of Kuils River, in the Western Cape is virtually off the grid in terms of electricity supply and uses a minimal amount of water from the municipal supply.
In most African countries, a staggering seventy percent of all unemployed citizens are youth in the 18-35 age brackets in a regrettable state of affairs that the World Bank has described as a ticking time bomb.
Eskom’s Koeberg nuclear power station has launched a mobile groundwater desalination plant, which will take care of the station’s water needs, thus easing the pressure on the City of Cape Town’s water supply.
Faced with the infestation of millions of hectares of maize, and the relentless spread of Fall Armyworm across most of Africa, FAO has launched a comprehensive guide on the integrated pest management of the FAW on maize.
Agritech is transforming doing business among Kenyan farmers and vendors, CNN Marketplace Africa programme has learnt.
The President of the African Development Bank, Akinwumi Adesina, and the Government of Egypt are championing a new push for African countries to work together towards building a new Africa driven by innovation and technology.
Oserian Development Corporation, one of the world’s largest exporters of fresh cut flowers, has come up with a raft of measures aimed at maintaining production over a long period of time without compromising on natural systems.
Marrakesh, a pioneering city as regards environmental protection, set up the very first bikeshare scheme in Africa on the occasion of the COP22 that it hosted in 2016.
South African impact investor, E2 Investments (Pty) Ltd has announced its investment of R4.6 million in Numeric, a non-profit social enterprise delivering after-school mathematics to thousands of learners in South African primary schools.
Merck Foundation signs agreement with African First Ladies Organization to build cancer and fertility care capacity in their countries
Merck Foundation has signed an agreement with the African First Ladies Organization to raise awareness, building professional capacity and improving healthcare access in the field of Cancer and fertility care in Africa.
Ministers in charge of environment and natural resources management in East Africa have endorsed a cooperation partnership between the East African Community Secretariat and ECA’s African Land Policy Centre.
TriLinc Global Impact Fund says it recently approved $27.9 million in term loan and trade finance transactions with companies operating in Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe.
In 2016, an invasive crop pest called the fall armyworm was first confirmed in Africa. Native to the Americas, FAW can feed on 80 different crop species including maize, a staple food consumed by over 300 million African smallholder farm families.
Celebrating Safer Internet Day, Facebook has announced a number of partnerships across Africa with over 20 institutions to explore ways to make the Internet safer for all.
Goodwell Investments has raised $25 million, 20 million Euro, from over 30 investors for investments in inclusive economy in Sub-Saharan Africa.
In Kenya the main concern regarding PET and the environment is the pollution associated with plastic packaging.
Radiant.Earth has partnered with OpenAQ to bring together a diverse group of individuals in Ghana and Kenya who are deeply concerned about poor air quality in their community and are looking for solutions.
[Column] Bob Koigi: The private sector must take lead role in taming Africa’s illicit financial flows
In the last 50 years, Africa has lost more than $1 trillion dollars of its wealth to illegal financial activities that extends beyond its borders, orchestrated by multinationals, private sector, government officials and organized criminal groups .
Millennium Challenge Corporation, Niger enter into a five-year, $437 million compact to promote economic growth, reduce poverty
The U.S. Government’s Millennium Challenge Corporation and the Government of Niger celebrated the start of the five-year, $437 million MCC Niger Compact designed to promote economic growth and reduce poverty.
Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016.
UN-African Union leaders sign Framework for Implementation of Agenda 2063 and 2030 Agenda for Sustainable Development
The UN Secretary-General Antonio Guterres and the African Union Commission Chairperson Moussa Faki Mahamat have signed the AU-UN Framework for the Implementation of Agenda 2063 and the 2030 Agenda for Sustainable Development.
COMESA has signed a Grant Agreement with the European Union Delegation worth 7.1 million Euros to implement a climate change alliance programme funded by the 11th European Development Fund.
In line with its High 5 development priorities and, in particular, its agenda to Light up and power Africa, the African Development Bank plans to reach 29.3 million people in African with electricity by 2020.
Kenya Association of Manufacturers, Confederation of Danish Industry and Embassy of Denmark partner to promote waste management
Kenya Association of Manufacturers (KAM) in partnership with Confederation of Danish Industry and the Embassy of Denmark have explored opportunities for a transition to a new plastics economy in Kenya.
Cross-border trade between nations in the Great Lakes region is crucial to sustaining peace and security in central Africa, UNCTAD Deputy Secretary-General Isabelle Durant has said.
The economic development of any country is highly dependent on good leadership. This is particularly so because the core values of a nation are directly linked to equality and equal distribution of resources.
Mastercard and USAID launch initiative to transform Kenya and Uganda refugee settlement schemes into digital communities
MasterCard and the U.S. Agency for International Development have launched a public-private coalition that will bring together technology, solutions and experience from multiple sectors to transform refugee settlements into digitally-connected communities.
Hermann Kamte, young Cameroonian architect and the founder of company Hermann Kamte & Associates (HKA), is the driving force behind the famous sketch of Lagos Wooden Tower.
African smallholder farmers to benefit from world's largest non-governmental climate insurance programme
Over 690,000 families totaling up to four million people living in six low-income countries stand to benefit from a new climate insurance programme launched by VisionFund International, World Vision’s microfinance arm and Global Parametrics.
Olalekan Akinseye runs a clothing brand in Nigeria that is tapping the evolving nature of fashion and the apparel industry to champion the war on cancer.
Global confectionery powerhouse Mondelēz International has signed an agreement with the Forestry Commission of Ghana, Ghana Cocoa Board and UNDP, committing to reduce emissions in its cocoa supply chain across Ghana.
International Finance Corporation increases reach of index insurance for smallholder farmers in Zambia
International Finance Corporation, a member of the World Bank Group, has unveiled a grant extension to Mayfair Insurance Company Zambia Limited, to support Mayfair in scaling up its weather-based index insurance product line in Zambia.
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.