Africa Economy General 

Africa Driving its Own Development Agenda

In Africa today, local capital markets, domestic institutions and favourable demographics are converging. This is seeing many countries take control of their own investment and growth agendas.“Large parts of Africa are rapidly approaching a market standard where risk is increasingly less of a factor,” says Charl Bruyns, Head, Investor Services for Standard Bank Group. Pension fund reforms, new settlement systems and exchanges, coupled with increased financial inclusion – largely driven by mobile technology and fintech – have created the market and capital conditions to leverage domestic investment and growth.    The…

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Africa Business Economy 

Borrowing In Africa Gets Smarter

Akinwumi Adesina, President of the African Development Bank (AfDB), recently revealed that Africa’s annual infrastructure gap now stands at as much as $170bn. For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s population booms – Nigeria for example will be the world’s third most populous county by 2050 – the need for robust infrastructure is paramount. In terms of the African economy, the continent has long been reduced to raw material exports– with little to no value-added…

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Africa Featured 

How do we hold leaders accountable for agreements they sign?

History has taught us that politicians and leaders not only love travelling in style and indulging in five-star conferences, but also take pleasure in haphazardly signing agreements and treaties. But how many of these agreements have actually been implemented, who has been monitoring them and how do we hold leaders accountable for what they sign? Perhaps Nigeria’s President Muhammadu Buhari set a daring, rare example by not signing the recent African Continental Free Trade Area (CFTA) agreement with 44 other African Union members. The agreement, with a predicted cumulative GDP of $2.5tn,…

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General 

Infertility in Africa: Merck Foundation starts its first Merck Health Media Training to Break the Stigma around Infertility in Africa

WINDHOEK, Namibia, June , 2018 Merck Foundation to provide training for media representatives from more than 15 African Countries. Merck Foundation to scale up its health media training to Francophone African countries and Asian countries in 2018. Merck Foundation to announce, ‘Merck more than a Mother” Media Recognition Award winners. Merck Foundation to start #MenToo to raise awareness about Male infertility Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany starts its first Merck Health Media Training on 10th of July 2018 from 10:00 to 17:30 at Intercontinental Hotel,…

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Africa Business Economy 

EMEA Finance bestows on AFC President & Chief Investment Officer

Champion of finance awards bestowed on Africa Finance Corporation (AFC) and its leadership. These awards are given to those individuals whose lifetime contributions to finance and the EMEA region have demonstrated excellence and provided an impactful result for shareholders and clients alike. Additionally, the Corporation received recognition in EMEA Finance’s Achievement Awards 2017 for success in accessing international capital markets. The Corporation won the following accolades: Best Supranational Bond, Best Supranational Sukuk, and Best Supranational Borrower. Andrew Alli, Africa Finance Corporation’s President and CEO is presented with the Champion of…

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Africa Business Economy Entertainment Featured 

Lloyd Madurai – a Radio Trailblazer

It is not every day that you hear of someone pursuing their dream career from a young age and being a success but Lloyd Madurai is such a success. At the age of 40, Lloyd Madurai has achieved more than most in the radio industry, in fact some might call him an over-achiever, with a career in radio spanning 27 years. Lloyd pursued his radio dream from an early age, 13 to be exact. He worked over weekends at The Wheel Shopping Centre Radio Station, in Durban called “WCN –…

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Africa Business Economy 

‘BLUE IS THE NEW GREEN’: Debut Africa blue economy forum hits the mark

Launch event attracts international experts to debate ways to harness Africa’s oceans Leila Ben Hassen, Founder and CEO of ABEF organiser, Blue Jay Communication, LONDON, UK, June, 2018 – The African continent needs to work together on a country and regional level to put in place and, more crucially, implement a sustainable maritime governance system that will benefit the whole continent, concluded delegates at the first Africa Blue Economy Forum (ABEF). ABEF 2018 took place in London on 8 June, to coincide with World Oceans Day. The Forum attracted international…

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Social Sports 

How Egyptian Football Star, Mo Salah is changing the Face of Philanthropy in the Country

Egypt’s philanthropy arena is not limited to business moguls alone, as personalities from other fields have begun to make strides in that angle. Speaking of other fields, the Egyptian football star, Mohammed Salah recently made news having funded the construction of a sewage plant on a land he bought, to cater for the supply of clean water for residence of his hometown, Nagrig. Salah has undoubtedly wowed the hearts of many from across the continent following his commendable gesture to his villagers. In addition to the water supply, he also…

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Africa Economy Featured General 

Mo Salah brings hope and pride back to weary Egyptians

Mohamed Salah’s beaming face adorns huge advertising billboards across Egyptian cities. Merchants seeking to tap into his soaring popularity are selling bed linen and lanterns, traditionally given to children during the holy month of Ramadan, emblazoned with his image. In a popular café in downtown Cairo, a huge mural of Mr Salah has added a youthful look to a painted pantheon of past Egyptian greats, including Nobel laureates and Umm Kulthum, the renowned diva. After years of political turbulence, polarisation and economic hardship in the Arab world’s most populous nation, Egyptians…

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Africa Education 

Rwandan Youths Step up to Combat Environmental Degradation

Rwanda Ministry of Youths is set to organize the country’s young people towards the fight against enviromental degradation. The youths are to be engaged in a paid service for the protection of their environment. The plan was unvailed during a recently held meeting at the parliament by the country’s Minister of Youth, Rosemary Mbabazi, before the parliamentary Standing Committee on National Budget and Patrimony as part of budget hearings for budget framework for the next three years. According to the Minister, the Ministry will commence a mobilization of thousands of…

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