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IMF podcast: Difficulties present opportunities for the African entrepreneur

Each country in sub-Saharan Africa has its own set of challenges and opportunities. And while the international community puts a lot of resources toward trying to figure out how best to keep the region’s economies growing, most Africans would say that Africa’s development lies in the hands of its own young entrepreneurs. Mame Khary Diène, is one such entrepreneur from Senegal, where she found her first business opportunity in the form of seeds from the enormous Baobab tree. Diène was invited to join a panel discussion about private investment in Africa during…

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Antonio Pedro: Five roots to Central Africa’s industrialisation

Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000s, the subsequent oil glut and nose-dive of commodity prices have left a bitter taste of over-dependence on oil and other extractive industries in the mouths of many people in Central Africa. The challenges are real because unfortunately, countries in Central Africa, as producers of unprocessed raw materials, are perennially exposed to external shocks and locked in the lower end of global value chains, as…

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Meet Moroccan Expert In The Freelancing Sector -Youssef Amakrane

In Morocco, the freelancing sector has grown considerably in recent years. Many Moroccan professionals are increasingly choosing self-employment as a job for a variety of reasons, mainly, the changes brought by technology today. One of the leaders and experts in the sector of self employment, Youssef Amakrane, Co-manager of “Freelancer.ma”, a leading enterprise that links freelancers with companies and customers. 1. How is the sector of freelancing in Africa and Morocco? Is it growing? Freelance in Morocco is booming. In 2014, the financial act granted a new status of auto-entrepreneur…

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African Development Bank and Purdue University to hold conference on successful technologies for African farmers

The Scale Up Conference will bring together hundreds of individuals and organizations engaged in the introduction, diffusion, and adoption of agricultural innovations that have the potential to reach millions INDIANA, United States of America, September 20, 2018/ — African Development Bank and Purdue University to hold conference on successful technologies for African farmers: From:               25/09/2018 To:                   27/09/2018 Location:          Purdue University in West Lafayette, Indiana The African Development Bank  (www.AfDB.org )  and Purdue University are organizing the Scale Up Conference on Agricultural Innovations (https://AG.Purdue.edu/scaleup/Pages/about.aspx) from September 25-27, 2018, to address how…

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African Development Bank Convenes Climate Change Seminar on Gender Mainstreaming for African Group of Negotiators

The training will also address the needs and perspectives of women and men in policymaking and the United Nations Framework Convention on Climate Change processes, adopted on 9 May 1992 ABIDJAN, Ivory Coast, September 20, 2018/ — African Development Bank Convenes Climate Change Seminar on Gender Mainstreaming for African Group of Negotiators:                         Date: 27 September, 2018                         Location: Le Ndiambour Hotel, Dakar, Senegal The African Development Bank (www.AfDB.org)  will conduct a seminar on gender mainstreaming in climate negotiations for the African Group of Negotiators (AGN) in Dakar, Senegal, on Wednesday,…

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TE SubCom chosen to extend MainOne Cable System to francophone region

New landings designated for 7,000km submarine communications cable stretching from Portugal to West Africa LAGOS, Nigeria, September 20, 2018/ — TE SubCom (http://www.TE.com/global-en/industries/subsea-communications.html), a TE Connectivity Ltd (http://www.TE.com/) company and an industry pioneer in undersea communications technology, today announced that it has secured a contract from leading connectivity and data center solutions provider, MainOne(http://www.MainOne.net/), to extend its active submarine cable system into West Africa’s francophone region with two additional branches connecting Senegal (Dakar) and Cote D’Ivoire (Abidjan). These new branches will connect to MainOne’s 7,000km cable system, which extends from Portugal…

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African Development Bank President Adesina urges Canada to be present at Africa’s investment table

Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto TORONTO, Canada, September , 2018/ — African Development Bank President (www.AfDB.org), Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto. Promoting the Bank’s upcoming Africa Investment Forum (AIF), scheduled for 7-9 November 2018 in Johannesburg, South Africa, Adesina said, “Canada must not…

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The Need for Apparel Manufacturers in Kenya and South Africa to become super vendors

Threadsol has the opportunity to help in raising the share of this industry by providing better processes for manufacturers UTTAR PRADESH, India, September , 2018/ — After marking its presence in 15 countries, ThreadSol (www.ThreadSol.com) is all set to explore the African apparel industry to transform manufacturers to super vendors. This move comes at a time where the   president of Kenya has decided to dedicate his energy in achieving the big four agenda as a way to improve the economy of Kenya and create more job opportunities. Manufacturing is one…

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Africa’s entertainment and media industry enters dynamic new wave of convergence – 3.0

By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017 JOHANNESBURG, South Africa, September , 2018/ — Africa’s entertainment and media industry has entered a dynamic new phase – a third wave of convergence. The borders that once separated the entertainment and media (E&M), technology and telecommunications industries are blurring in the battle for the attention of the consumer in a world that is rapidly digitising. As the mobile device cements itself as the pre-eminent source of the E&M experience,…

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SACFruits: A Good Idea Comes to Fruition

A few years ago, Afie Braimoh was hired from Florida in the US to manage the setup of a juice manufacturing plant in Benue State – Nigeria’s acclaimed “food basket” – where she learnt that many famers in Benue suffer huge post-harvest losses due to a lack of storage facilities and poor roads. “I saw lots of rot in food produce,” Braimoh recalls, and she started to think of a solution to create a sustainable value chain while empowering farmers. How did it all start? At first, she considered setting up a…

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