African Union seeks aid for states affected by free trade zone

African Union seeks aid for states affected by free trade zone

John Aglionby in Addis Ababa May 15, 2018 Print this page The African Union is seeking billions of dollars in aid to compensate governments whose revenues will suffer from cutting tariffs to join the continent’s free trade area. Albert Muchanga, the AU trade commissioner, said he wanted to create an “adjustment mechanism” that would be […]

Agenda And Speakers Announced For Debut Africa Blue Economy Forum 2018

Agenda And Speakers Announced For Debut Africa Blue Economy Forum 2018

The Africa Blue Economy Forum (ABEF) 2018 has announced the final agenda and confirmed speakers for its first edition, in London on 7-8 June. The Forum will bring together government ministers, business leaders, ocean experts and environmental and maritime organisations, to discuss the economic contribution of the African oceans. HE Aziz Rabbah,Minister of Energy,Mines and […]

Poor Development Outcomes Reflect Enduring Challenges In Natural Resources Governance

Poor Development Outcomes Reflect Enduring Challenges In Natural Resources Governance

Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa (ECA). The report launched during the ongoing ECA Conference of Ministers in Addis Ababa (Ethiopia) argues that the […]

Why merely owning land isn't enough to empower Africa's women farmers

Why merely owning land isn't enough to empower Africa's women farmers

Agnes Andersson Djurfeldt, Lund University In the agricultural sector – the major employer for poor people in Africa – assets like land and livestock are owned and controlled mainly by men. It makes sense, then, that many donors, national governments and civil society groups believe rebalancing asset and land ownership in favour of women will […]

South Africa Is Set to Issue First Eurobond Under Ramaphosa

South Africa Is Set to Issue First Eurobond Under Ramaphosa

South Africa is hoping to ride a wave of improved investor sentiment by tapping the Eurobond market for the first time under new President Cyril Ramaphosa, as his administration tackles mismanagement and corruption in the continent’s most industrialized economy. The country is marketing dollar securities maturing in 2030 and 2048, with initial price talk of […]

Is Lionel Messi coming to South Africa?

Is Lionel Messi coming to South Africa?

The two teams have not given a definitive answer to questions about Messi’s availability for this clash but he is expected to play some part in a match that has been listed by Barcelona as part of their training schedule for the week. It also doesn’t help that Sundowns officials are reluctant to even mention […]

African FinTech Company Cellulant Raises $47.5 Million

African FinTech Company Cellulant Raises $47.5 Million

African FinTech Company Cellulant Raises $47.5 Million  Forbes Africa’s fintech industry has scored another big-ticket investment win  Quartz TPG’s Rise Fund makes its first Africa investment  Financial Times Full coverage Source link

Africa spends $50bn annually on food imports: ED

Africa spends $50bn annually on food imports: ED

PRESIDENT Emmerson Mnangangwa has called on African governments to invest in agriculture amid revelations that the continent is spending about $50 billion annually on food imports. By Nokuthaba Dlamini Mnangagwa said this while addressing Sadc delegates at the official opening of the Southern African Confederation of Agricultural Unions (Sacau) annual meeting in Victoria Falls yesterday. […]

OWC Will Support Sustainable Waters Photography Project in Africa

OWC Will Support Sustainable Waters Photography Project in Africa

The project will kick off on Friday, May 18th at the Two Oceans Aquarium in Cape Town, South Africa. At the event, Florian Wagner and other environmental collaborators will showcase works that explore how water impacts the human condition in resource-stressed and changing environments. The goal of Wagner’s African Waters 360° project is to document Africa’s […]

Africa's female rising stars of business are still seen as second-class citizens

Africa's female rising stars of business are still seen as second-class citizens

Africa is building up a glowing reputation as the global leader in female entrepreneurship. Last year, MasterCard released its celebratory Index of Women Entrepreneurs to much fanfare. Uganda and Botswana topped the list, which further pushed the new narrative that women are rising above adverse circumstances to create businesses that will rev the engine of […]

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