Category Archives: Mag

EBAFOSA calls for all inclusive climate action towards food security in Ghana

EBAFOSA

Accra, Monday 20, 2017 — The Ecosystem Based Adaption for Food Security Assembly (EBAFOSA; www.ebafosa.org), established under the auspices of the United Nations Environmental Programme will join the Ministry of Food and Agriculture, and the Ministry for Environment, Science, Technology and Innovation to launch the all-inclusive pan-African framework on food security in Ghana on the 3RD of March, 2017 at the University of Ghana (ISSER Auditorium) from 8:30 to 12:30 pm. The event is expected to bring together key stakeholders in all areas– public and private sectors, educational and research institutions, individuals publics/citizens, community based organizations, international intergovernmental organizations, NGOs, civil society groups, etc. to collaborate in developing and implementing policy solutions to upscale Ecosystem Based Adaptation – driven agriculture and its value chain improvements toward ensuring sustainable inclusive growth in Ghana.

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Clean Energy West Africa Summit Confirms Workshop for Ecowas-Based Clean Energy Start-Ups

In partnership with the Climate Innovation Center, Ghana, the Clean Energy West Africa Summit will host the first incubator workshop in April which will look at how entrepreneurs can build, develop and sustain clean energy businesses.

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FINAL CALL FOR SUBMISSIONS: 2017 Moriyama RAIC International Prize for $100,000

2017 Moriyama RAIC International PrizeThe Royal Architectural Institute of Canada (RAIC) reminds architects all over the world to enter the 2017 Moriyama RAIC International Prize competition for a chance to win 100,000 Canadian Dollars. The Prize, awarded every two years, is open to any architect working around the world, irrespective of nationality and location. Any architect, team of architects, or architect-led collaboration may submit a building or a related group of buildings that has been completed, occupied and in use for at least two years. The Prize celebrates a single work of architecture that is transformative, inspired, inspiring, and emblematic of the human values of respect and inclusiveness. An international jury will consider a range of criteria, including:

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Convergence of Nations Released in French and Portugese

convergence of nations

This week, Jean – Claude Bastos de Morais – an African Entrepreneur, Investor and Innovation Influencer announced that two additional editions of the highly demanded book (The Convergence of Nations) have been released in French and Portuguese, adding up to the previous English version.

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Tullow Oil to Focus on Free Cash Flow in Reducing Debt

Tullow Oil

With 2016-end year post tax loss of 600 million USD, operating cash flow of 800 million USD, and revenue of 1.3 billion USD, Tullow oil has made notice that it will not be paying shareholder dividends.

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Mastercard to introduce Masterpass QR to impact 150,000 Kenyan MSMEs.

masterpass qr

As part of t’s global commitment to connect 40 million micro, small, and medium scale enterprises (MSMEs) to its electronic payment system by 2020, MasterCard will be rolling out its Masterpass Quick Response (QR) system in Kenya this year. The Masterpass QR is anticipated to bring smart financial inclusion to about 150,000 traders in Kenya by promoting business transaction and financial ease within the micro, small and medium, scale enterprise sector.

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Advances in Artificial Intelligence Will Help Machines Understand Human Thoughts using Brain Computer Interface.

Artificial Intelligence to present growth opportunities by leveraging thought-controlled interaction with machines, finds Frost & Sullivan’s TechVision team.

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IMF Report Indicates Drought in Somalia will decelerate Economic Activities in 2017.

drought in somaliaSomalia has marked important milestones in rebuilding its economy and normalizing relations with international financial institutions, over the past five years. However, IMF’s 2016 IV consultation shows that impact of drought in Somalia will decelerate its economic growth from 3.4 percent to 2.5 percent.

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Integration Efforts in the EAC

Otavio Veras, Researcher of the NTU-SBF Centre for African Studies

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9 Financing Options for SMEs

When the dream becomes a reality and you’re an entrepreneur with an exciting new business plan, one of the biggest headaches will be how to finance your SME.

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Riskmap 2017: A Year of Acute Uncertainty for Business

The high levels of complexity and uncertainty attached to the key political and security issues for the year, highlighted by RiskMap, mean that boards will need to undertake comprehensive reviews of their approaches to risk management

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Africa Needs to Refocus Its Attention on the Urgency of Economic Diversification – Davies

Davies further pronounced that the “Fourth Industrial Revolution” will offer new opportunities to achieving inclusive and sustainable growth by fast tracking market integration in Africa through industrial corridors and regional integration

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Randgold Resources Achieves 38% Profit Increase and Propose Increase in Dividend

Rangold Resources Randgold Resources, a leading gold mine business in Africa and listed on NASDAQ stock exchanges, has announced a 38 per cent profit increase on its 2015’s 294.2 million USD while exceeding its production target in 2016 by 37,000 oz for their maiden gold mine in Mali – Loulo-Gounkoto Gold Mine. Randgold’s presence in Mali has aided to redefine gold mine in the country and has been a boost to economic development. The company paid over 2 billion USD in taxes to the government and an estimated 2.9 billion USD in strengthening the local economy through local investments, salaries, and payments to local suppliers. The company also declared that their operations in Mali alone contributes to about 10% of the country’s total GDP.

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Five Key Questions to Ask Before Migrating to the Cloud

Migrating applications to the cloud offers incredible opportunities that can make your business more versatile and efficient. Collaboration is often easier with the cloud, for example, and it can make disaster recovery a breeze. However, the cloud isn’t necessarily the right choice for every application. Is your team thinking of shifting your application to a cloud-based model? Make sure to take the following considerations into account before making your move:

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Cisco 2017 Cybersecurity Report: Classic Attack Vectors Re-Emerge; Cisco Reduces “Time to Detection” to Six Hours.

On 10th anniversary of report, Chief Security Officers reveal true cost of breaches and the actions that organizations are taking. According to the Cisco® (NASDAQ: CSCO) 2017 Annual Cybersecurity Report (ACR), over one-third of organizations that experienced a breach in 2016 reported substantial customer, opportunity and revenue loss of more than 20 percent. Ninety percent of these organizations are improving threat defense technologies and processes after attacks by separating IT and security functions (38 percent), increasing security awareness training for employees (38 percent), and implementing risk mitigation techniques (37 percent). The report surveyed nearly 3,000 chief security officers (CSOs) and security operations leaders from 13 countries in the Security Capabilities Benchmark Study, part of the Cisco ACR.

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Morocco Accepted Back to the AU: Good or Bad?

Thirty-nine out of fifty-four states of the AU agrees to accept the Kingdom of Morocco back into the AU after the country opted out 33 years ago. Having being named as one of the brightest 50 economies in the world by Bloomberg, it is of no doubt that Morocco is having a very good economic prospect in Africa and also visionary in diverse sectors needed for economic growth by many other African nations. Morocco is the second largest African investor in the continent, and between 2003 and 2013, 51% of its foreign direct investment went to Sub-Saharan Africa, peaking at 88% in 2010.

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Africa expected to see moderate growth recovery in 2017 and 2018 amid challenging global environment: UN report

Higher global commodity prices and stronger domestic demand will support Africa’s growth

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