Daily Archives: February 8, 2016

Mbeki Panel to meet with US Government in global advocacy against illicit financial outflows from Africa

Addis Ababa- New York , 8 February 2016 (ECA) – Following the request by African Union (AU) Assembly of Heads of States and Governments for the Chair of the High Level Panel on Illicit Financial Flows (IFF) from Africa to continue to lead advocacy efforts both regionally and globally on the issue, the Chair of the Panel, Mr Thabo Mbeki, Former President of the Republic of South Africa will be making an official visit to the United States of America between February 16-19, 2016. read more

Posted in African News, Ethiopia News | Leave a comment

Merck launches accelerator program for digital healthcare in Nairobi

Merck, a leading science and technology company, announces the start of its equity-free accelerator program for digital health startups in Nairobi, Kenya. The three-month program will support three startups in the field of digital healthcare with an equity-free funding of 15,000 USD each as well as opening the doors to Merck’s global network of experts for ongoing coaching and mentoring. The startups will be hosted at “Nairobi Garage”, a co-working-space for startups, techies and entrepreneurs at the heart of Nairobi’s startup scene. read more

Posted in African News, ICT, Kenya News | Leave a comment

Jovago and Africa Internet Group advances with AXA in a 75 million euros funding round

Jovago.com, Africa N° 1 hotel booking website, and Axa, a worldwide leader in Insurance and Asset management announced today a partnership to develop the expansion of Jovago and a new round of funding to boost its activities in Africa. This would further ensure the expansion of the business to booming markets and the strengthening of the brand in the existing branches of major cities across Africa. read more

Posted in African News, Ethiopia News, ICT | Leave a comment

Investor groups publish new action framework on sustainable real estate

Geneva, London, 8 February 2016 – A new practical guide for real estate investors and their professional advisors to use in order to address climate risk and reduce greenhouse gas emissions (GHG) from property portfolios – through attention to environmental, social and governance (ESG) and climate change risks within their standard business processes – is published today by six leading organisations – UNEP Finance Initiative, PRI, RICS and investor groups from Europe (IIGCC), North America (INCR Ceres) and Australasia (IGCC). read more

Posted in African News | Leave a comment

UN agencies warn of escalating food crisis in South Sudan

South Sudan is facing unprecedented levels of food insecurity, as 2.8 million people — nearly 25 percent of the country’s population — remain in urgent need of food assistance, and at least 40,000 people are on the brink of catastrophe, three UN agencies warned today. read more

Posted in African News, South Sudan | Leave a comment

Orange to acquire Millicom’s subsidiary in the Democratic Republic of the Congo (“DRC”)

Orange and Millicom signed an agreement leading to Orange’s acquisition of Millicom’s operations in the DRC (“Tigo DRC”). read more

Posted in Democratic Republic of the Congo, ICT | Leave a comment