Despite widespread decline felt by most economies across the globe, private equity fundraising in Africa has already managed to reach US$1.3bn for the first half of 2021, when including final and interim closes. Mirroring the gradual stabilization of Africa’s macroeconomic environment is the African private equity (PE) industry, which continues to prove itself and is […]

Global tourism has reaffirmed its commitment to making the sector a pillar of inclusive growth. At the official World Tourism Day 2021 celebrations in Abidjan, Ivory Coast, political and business leaders united behind a common message of solidarity and determination to ‘leave nobody behind’ as tourism restarts and grows back. Ivorian Prime Minister Patrick Achi […]

Implemented on January 1, 2021, the African Continental Free Trade Agreement (AfCFTA) is considered the foundation for enhanced cross-continental trade in Africa. Signed by 54 countries, the agreement comprises the reduction of tariff and non-tariff barriers, the simplification of custom procedures, and the elimination of red tape with the aim of creating a single market […]

The German government will contribute €100 million to the African Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA), affirming its commitment to efforts to tap Africa’s renewable energy potential and drive its transition to clean energy sources. The announcement came during the United Nations High-Level Dialogue on Energy, held in New York on 24 […]

African-Dutch outsourcing software development company Tunga announces the next edition of the TungaThon, a hackathon where teams of two to four African software developers collaborate online to submit a proposal to the jury. The proposal for this edition should provide an MVP that contributes to economic recovery from Covid-19. The TungaThon is planned for the […]

On the sidelines of this year’s United Nations General Assembly, public, private and philanthropic donors announced a total of US$138.1 million in new contributions to Education Cannot Wait (ECW). The new contributions come from: Germany (€50 million; approx. US$58.6 million); United States of America (US$37 million); European Union/European Commission (€25 million; approx. US$29.3 million); The […]

Africa Data Centres, the only pan-African network of interconnected, carrier-and cloud-neutral data centres on the continent, has completed its new Johannesburg data centre, based in its Midrand Campus which is one of the largest in Africa.  This state-of-the-art facility, designed with the latest global standards is the ideal location for technology companies and enterprises to […]

By Seltue Karweaye A good proportion of young people today were taught from primary school that agriculture is the mainstay of the Liberian economy. Agricultural Science as a subject is part of our educational curriculum and therefore taught at all levels of education. Despite the constant emphasis on agriculture as a core aspect of the […]

Members of the US-based Association of Bong Miners in the Diaspora have gathered in Minnesota, Minneapolis to hold a national convention this weekend at which, among others, a new leadership will be elected. Festivities begin on Friday with arrivals and a meet and greet of convention attendees. Saturday will be much busier with a business […]

The Global Center on Adaptation (GCA) and the African Development Bank (AfDB) have launched a call for applications for the first edition of the African Youth Adaptation Solutions (YouthAdapt) Challenge. The call encourages young entrepreneurs, innovators from micro, small and medium-sized enterprises (MSMEs) and other youth-led and youth-owned enterprises in Africa, to implement solutions for […]