Africa’s agricultural production systems need a radical change – ECA’s Karingi

Karingi indicated that the progress in the levels of agricultural productivity has been uneven across countries, ranging from an increase of 325% in Nigeria to a decrease of about 40% in Zimbabwe and proposed that rethinking agricultural transformation would involve the adoption of a three-pronged approach that should systematically and comprehensively consider three essential elements: farming systems, agribusiness and regional value chains

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Scatec Solar Project in Jigawa State – Nigeria, attracts USD 150 million investment

Nigeria, one of the largest economies in Africa, is continue to face challenges with energy access and power supply. As the country gears towards increasing employment by providing jobs, and strengthening the economy for youth. The Scatec Solar project has attracted new investors who will support the project with an estimated USD 150 million which will boost the 100 Megawatts Scotia project in Nigeria. Additionally, the project is also targeted to setting Nigeria on their commitment to the Paris Agreement as the project is estimated to prevent 120,000 tons of CO2 emissions every year as a renewable energy power source.

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Paystack closes seed investment of $1.3m to develop its hub in Nigeria

Paystack, a reinforced payment system that is dedicated to solving challenges relates to online payments in Africa, has announced a closed seed investment of 1.3 million USD. The investment is coming from Paystacks international investors including Tencent, Comcast Ventures, and Singularity Investments, Spark, M&S Partners, and many other organizations and individuals – Michael Siebel, Justin Kan, Olumide Soyombo, Leonard Stiegeler, etc.

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No Such Thing as Plastic Rice, say Ghana’s Food and Drugs Authority

For some months now, consumer feedback on imported rice on the Ghanaian market have been very poor. Both traders and consumers have not been satisfied with the quality of rice imports in the country. Consumers claim some of the imported rice are made out of plastics – which pose a threat to consumer health. Due to this disturbance among consumers, Ghana’s Food and Drugs Authority (FDA) has come out to publicly assure consumers that there are no such rice products on the market that are made out of plastics as assumed by some consumers.

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EU pays €10 million for rural roads in Rwanda

The Delegation of the European Union to Rwanda has signed off on a €10 million grant payment to the Government of Rwanda. The grant will go towards the continued rehabilitation and maintenance of 200 kilometres of rural roads in Rwanda.

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Lagos to host CashlessAfrica Expo 2017

Digital disruption is shifting the balance stay of power in financial services and influencing the way, millions of people bank their money, make payments, remittances and more, in a continent where mobile phone penetration exceed bank accounts and bank cards ownership, combined.

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Nigeria’s Amina Mohammed appointed as UN Deputy Secretary-General

The elected United Nations Secretary-General, Antonio Guterres, who will replace Ban Ki-moon coming 2017, has appointed the environment minister of Nigeria to be his deputy secretary-general. According to reports, the incoming Secretary-general of the United Nations has additionally named two additional women to occupy high positions in the United Nations. This comes as a good news to many youth (especially women) who anticipated the next UN Secretary-general position to be occupied by a woman. This move by Antonio Guterres is a great gesture towards gender equality and also ensuring gender balance within the United Nations as the current statistics shows women occupy only about 20 per cent of the under-secretary-general positions.

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Eight MOAs signed by 4 Companies to boost Oil and Gas Infrastructure in Nigeria

Nigeria is known for its oil production boosting the country’s economy. To help advance the Oil and Gas sector, it is important that required infrastructures be made available. In view of this, Chongqing Construction Engineering Group (CCEGC, Oilserv, Tianjin Energy, and Alpha Group has come together to sign eight multi-billion dollar memorandum of agreements (MOAs) to develop Nigeria’s Oil and Gas Infrastructure.

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Three top security trends in 2017 – ’servification’ and DNA protection

by Monica Hallin, CEO, Vindico Group

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Holiday Season Delightful Adventures of Ethiopia

There are truly few countries on earth able to mix family and adventure at the same time making your holiday escapade never-ending. Ethiopia is the one which will never let you down meeting your African adventure to the fullest. The holiday is an ideal time of visit to enjoy the sights the bites and the celebrations.

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The Exclusive Mouthwatering Culinary Delights

Travel has boomed and advanced around the world, encouraging people to travel not only for love of destination but also for food. Certainly, food is an essential ingredient for lifestyle portraying culture, tradition, festivity, and comfort. It plays a pleasant role in everything, even becoming a reason to travel overseas.

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DTI prepares to strengthen South Africa’s Poultry Industry

Since 2013, the South African government have been working to provide solutions to some of the known existing challenges facing the poultry industry in the country. The poultry industry in South Africa has made known some hurdles facing their sector – mainly, increase in imports of poultry products. Through such dedicated efforts from the government and its supportive units including the dti and the Department of Agriculture, Forestry and Fisheries (DAFF), there has been diverse initiatives including an increase in tariffs for some number of poultry products in line with South Africa’s international commitments, and imposing trade remedies where evidence indicates dumping of poultry in the South Africa market or where there is a surge in imports. These actions were made possible through the International Trade and Administration Commission (ITAC).

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Centuries Old Glorious Architectures of Ethiopia

If you are someone who is fond of history and glorious old architecture, Ethiopia has beautiful spots that will delight all your expectations. From palaces to obelisks and rock hewn churches it has an amazing ancient architecture. Checkout the beauty of the outstanding architectures of Ethiopia and the exquisite churches.

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Cisco Global Cloud Index Projects Middle East and Africa Cloud Data Center Traffic to Grow 440% by 2020

  • In Middle East and Africa, cloud data center traffic will grow 4.4-fold by 2020 to reach 304 Exabytes per year, at a CAGR of 34% from 2015 to 2020
  • By 2020, 95 percent of all workloads in Middle East and Africa will be processed in the cloud, compared to 78% in 2015.
  • Consumer will represent 68% of cloud data center traffic by 2020 in Middle East and Africa, compared to 33% in 2015

The recently released sixth annual Cisco® Global Cloud Index (2015-2020) reveals that global cloud traffic is expected to rise 3.7-fold, up from 3.9 zettabytes (ZB) per year in 2015 to 14.1 ZB per year by 2020. In Middle East and Africa, data center traffic will reach 451 exabytes per year by 2020, up from 105 exabytes per year in 2015. This rapid growth of cloud traffic is attributed to increased migration to cloud architectures and their ability to scale quickly and efficiently support more workloads than traditional data centers.

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ECA and NEPAD launch an investors’ guide for infrastructures in Africa

The “16 infrastructure projects for African integration” guidebook aims to guide investors’ decisions by answering their questions about the projects regarding aspects such their economic viability, strategic impact, technical specifications, coordination, international support, risks & mitigation, expected benefits or progress reports

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Key e-commerce trends in 2017

–      according to leading Nordic e-commerce experts

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African Market to Represent 50% of Global Revenue for Moroccan and French Companies By 2022

Sub-Saharan Africa has been identified to be promoting Moroccan and French businesses as a study conducted by BearingPoint and Asmex indicates that Moroccan and French companies have attained a good position and growth level in some Sub-Saharan countries. The study which is titled “Developing in Africa: comparisons of Moroccan and French companies” and the third edition of BearingPoint’s International Development Barometer of international firms, depicts the good performance of about 250 Moroccan and French companies in five major countries across the region – including Algeria, Cameroon, Ivory Coast, Mali and Senegal.

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