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Africa Business Economy General 

Efacec strengthens Bissau’s electrical capacity

Efacec (www.Efacec.pt/en) won the international public tender, promoted by the public company Eletricidade e Águas da Guiné-Bissau (EAGB), for the construction of essential infrastructure to double the current installed electrical capacity of Bissau. The contract, worth 10 million euros, includes the construction of two substations and a 6.2 km long line to link the new thermal power station, which will be built in Bor, to the capital of Guinea-Bissau. The infrastructure to be built by Efacec is a key step in the Bissau electrification architecture. In addition to doubling the…

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Africa Business Economy General 

AIF announces the top 10 nominees for Innovation Prize for Africa 2017

Innovators from nine African countries shortlisted for their outstanding innovations across healthcare, engineering, energy and communications sectors ACCRA, Gha The African Innovation Foundation (AIF) (www.AfricanInnovation.org) today announced the top 10 nominees who will be contending for the 2017 Innovation Prize for Africa (IPA) (http://APO.af/iaUJZd), to be awarded in Accra, Ghana on 18th July 2017. Innovators from nine African countries including Democratic Republic of Congo, Egypt, Kenya, Liberia, Morocco, Nigeria, South Africa, Uganda and Zimbabwe have been shortlisted for the prestigious Prize. This year’s innovators have demonstrated incredible proficiency through innovative solutions…

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African Oil and Gas and the Quest for Prosperity – A review of the book “BIG BARRELS”

BIG BARRELS has arrived very late. For many like myself, who struggled with the scarcity of positive Africa-specific case studies at business school; it’s about time, too. By showcasing examples of countries where the ‘Resource Curse’ is being overcome, NJ Ayuk and Joio Gaspar Marques have placed a finger right on the pulse of Africa’s future prosperity. The writers point to a more transparent kind of African leadership, with working examples of cooperation, civic responsibility, accountability, and successfully managed policy. BIG BARRELS provides material for far-reaching academic discussions about Africa’s…

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Africa Business Economy General 

Nigeria’s scrap metal industry booms

At the busy Nkpor-Abakpa scrap market in Enugu state, southeastern Nigeria, 33-year-old Samson Ugochukwu stands in front of his shop. He watches as tons of metal and aluminium scrap materials are loaded onto heavy duty trucks destined for Lagos, the commercial capital. There, they will be recycled and processed into finished products. Behind his shop in the market is a parking yard where collected scraps are stockpiled, ready for transportation. The scrap industry in Nigeria is fast becoming a booming venture with traders taking in thousands of naira monthly. Nigeria’s…

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Africa Economy Education Featured General Social Sports 

Chiney Ogwumike joins ESPN to co-host SportsCenter across Africa

Connecticut Sun forward Chiney Ogwumike has joined ESPN as the co-host of the African edition of SportsCenter. Ogwumike, the 2014 WNBA Rookie of the Year, will join co-host Phil Murphy on the show that will be broadcast across 19 sub-Saharan countries. “I am thrilled to be joining ESPN to host this unique edition of SportsCenter dedicated to sports fans across Africa,” said Ogwumike. “This is a wonderful opportunity to combine who I am and what I am passionate about. As a Nigerian-American professional women’s basketball player, and now SportsCenter co-host,…

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Africa Business Economy Education Food and Agriculture General 

The pros and cons of commercial farming models in Africa

Colonialism brought large-scale farming to Africa, promising modernisation and jobs – but often dispossessing people and exploiting workers. Now, after several decades of independence, and with investor interest growing, African governments are once again promoting large plantations and estates. But the new corporate interest in African agriculture has been criticised as a “land grab”. Small-scale farmers, on family land, are still the mainstay of African farming, producing 90% of its food. Their future is increasingly uncertain as the large-scale colonial model returns. To make way for big farms, local people…

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Africa Business Economy Featured General 

Watch: Longest bridge in Africa to “open Mozambique to the rest of the world”

The longest suspension bridge in Africa is under construction in Maputo, Mozambique. A work of art with exceptional dimensions, built and financed by China. This bridge will supposedly open Mozambique to the rest of the world . Source: Africa News

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Africa Business Economy Entrepreneurship General 

These women spot fashion trends in Brazil and bring them back to Angola

Angola, a Portuguese-speaking country, is strongly influenced by the cultural output of Brazil, the world’s Lusophone powerhouse. Brazil is often represented as a land of hope in Angola. Angolans can’t get enough of its telenovelas, the intrigue-filled television dramas that are broadcast daily on Angolan channels, or of the glamorous styles worn by soap opera stars. To satisfy women’s fashion demands, a growing number of female entrepreneurs in Angola’s capital Luanda are hitting the road, travelling by plane to Brazil, among other fashion hubs, to buy up coveted Brazilian styles….

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Africa Business General 

Uniquely African: how homegrown innovation is solving many of Africa’s most pressing challenges

JOHANNESBURG, South Africa, – By now, I am convinced that you have heard of M-Pesa, the popular and often-cited mobile banking system that has become Africa’s innovation calling card. But do you know about the Ushahidi crowdsourcing app, also from M-Pesa’s birthplace, Kenya? Built to digitally map demographic events, it is used across the world. Today Ushahidi, which means ‘evidence’ in Swahili, is a technology company with presence in more than 20 countries. The list of African innovations, born from the need to solve specific challenges, is very impressive. For…

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Africa Economy General 

Coventry University graduate working to turn young people away from terrorism across West Africa

ACCRA, Ghana, April 2017,-/African Media Agency/- A Coventry University graduate devoted to tackling terrorism will talk about how he stopped a young man joining ISIS with just hours to spare, when he speaks in Ghana this month. Mutaru Mumuni Muqthar, a graduate of Coventry’s International Terrorism masters course, has already helped at least 20 people turn away from extremism since he set up a counter-extremism centre in Ghana. The 34-year-old launched the West Africa Centre for Counter-Extremism (WACCE) after graduating from Coventry University in 2013. Since then he and his…

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