African News Archives - Page 10 of 46

14May

By Africa BusinessNo Comments

African News, Events, Tech

Africa as a magnet for investors | Africa Tech Week 2021

The much anticipated Africa Tech Week summit took place on the 5th and 6th of May. Joined by phenomenal speakers and acclaimed sponsors, the event took off to new heights. In a panel discussion by Marian Croak, vice president of engineering at Google, and Lindiwe Matali founder and CEO of Africa Teen Geeks, the importance of mentorship for young girls and women was highlighted. Marian serves as an excellent mentor and departed sterling advice on achieving your goals in manageable steps at a time. Yemi Keri, CEO of Heckerbella and co-founder of Rising Tide Africa spoke on the reasons investment in Africa is a golden opportunity. Since the continent has the most youthful population in the world, and this young group behaves as the early adopters of tech, it makes for incredibly fertile groun...

30Apr

By Africa BusinessNo Comments

African News

African countries commit to double agricultural productivity as development banks and partners pledge over $17 billion to increase food security

Download logoA coalition of multilateral development banks and development partners has pledged over $17 billion in financing to address rising hunger on the African continent, and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue called Feeding Africa: leadership to scale up successful innovations. The African Development Bank and the UN’s International Fund for Agricultural Development (IFAD) hosted the event in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization on 29 and 30 April. Seventeen African heads of state signed on to the commitment to boost agricultural production by doubling current productivity levels through the scaling up of agro-technologies. This will include i...

29Apr

By Africa BusinessNo Comments

African News

African Development Bank, IFAD and partners redouble efforts to stop hunger in Africa and strengthen food security

Download logoThe African Development Bank (www.AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food production. The impact of climate change, rising fragility and conflict, and locust invasions in East and Southern Africa is taking a toll on the continent. A two-day high-level dialogue will focus on modernizing food production, making African agriculture more business oriented, and strengthening agriculture value chains. Finding solutions will require strong backing from governments, develo...

27Apr

By Africa BusinessNo Comments

African News

Banker-turned-poultry farmer becomes champion for African agriculture

Download logo“If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought he’d done well for himself. Then, he spotted an online advertisement for a youth agricultural training program and signed up, owing to his interest in farming as a hobby. Selected to interview for a place in the poultry rearing course, Ogunsua promptly quit his bank job and, he says, prayed he would get in. “I knew I wanted to follow my passion for agriculture full-time,” the 29-year-old Nigerian sa...

26Apr

By Africa BusinessNo Comments

African News

Generation Africa is back with the third annual US$100,000 GoGettaz Agripreneur Prize Competition looking for young, agrifood change makers with business models that can revolutionize food systems across the African continent

Returning for its third year, the ground-breaking US$100,000 GoGettaz Agripreneur Prize Competition (http://GoGettaz.africa) continues to inspire agrifood entrepreneurs from Cape Town to Cairo to use their energy, courage and creativity to solve the biggest problems facing Africa’s food systems. Launching on 19 April 2021, this year’s competition aims to expand the GoGettaz community of agripreneurs, providing them with access to education, mentorship and investment networks as they launch, grow, or scale their agrifood ventures. The GoGettaz Agripreneur Prize Competition is open to African citizens between 18 and 35 years old who are founders or co-founders of social or commercial agrifood businesses headquartered in Africa. After a challenging selection process ending in a g...

23Apr

By Africa BusinessNo Comments

African News, Business, South Africa News

Baker McKenzie named the Most Responsive International Law Firm in South Africa and 10 other jurisdictions

The Firm has also been recognized in 15 transactional and advisory practice areas across Asia and the Middle East and Africa region. The In-House Community (IHC) 2021 has awarded Baker McKenzie the "Most Responsive International Firm of the Year" in 11 jurisdictions, including in South Africa. The other jurisdictions were China, Hong Kong, India, Malaysia, the Philippines, Singapore, South Korea, Thailand, United Arab Emirates and Vietnam. The Firm was also awarded "Firm of the Year" in 15 practice areas across Asia, United Arab Emirates and South Africa. South Africa won 'Firm of the Year’ for its Antitrust / Competition, Compliance/Regulatory, and Litigation and Dispute Resolution practices. Bruce Schubach, Baker McKenzie’s Head of Operations for Africa, said, “Over the challenges of th...

21Apr

By Africa BusinessNo Comments

African News

International Conference on the West African Food Security Storage System: ECOWAS to build a multilateral partnership around its experience

Download logoThe ECOWAS Commission is set to organize, from 28th April to 10th May 2021, by videoconference, an international conference to share with its partners and the other regions of the world, the experience of its regional food security storage system. The official opening ceremony, which is scheduled to take place on Wednesday 28th April 2021 at 12:00 GMT, will be broadcast live on the Facebook page of the ECOWAS Regional Agency for Agriculture and Food (RAAF) and those of the ECOWAS Commission and its Directorate for Agriculture and Rural Development. The overall objective is to lay the foundations for a renewed multilateral partnership to strengthen, in a sustainable manner, the resilience of the West African Food Security Storage System and its capacity to respo...

Canadian Awards 2021 are more than just olive oil participation trophies

16Apr

By Africa BusinessNo Comments

African News, Events

Canadian Awards 2021 are more than just olive oil participation trophies

A solid awards strategy can help you build credibility through third-party validation that will make your olive oil brand stand out to target audiences. CIOOC speaks for the quality of the olive oils and their position in the market, and also about the overall performance of a brand in the market. Montreal- April 16, 2021 This year, there is a new way for olive oil producers and companies to attract the attention of Canadian consumers and buyers worldwide: the Canada International Olive Oil Competition (CIOOC). As organizer George Kouvelis says, “for those ready to expand globally, Canada may be an ideal country in which to start. The word ‘Canada’ is a global trademark.” The Canada IOOC will also help shoppers learn about high quality extra virgin olive oils (EVOOs). As George Kouvelis ...

13Apr

By Africa BusinessNo Comments

Africa Travel, African News, Mozambique News, South Africa News, travel

Air France extends its operations in Africa as it launches a new route to Maputo and increases frequency

Air France announces today that it will be expanding its operations on the African continent with increased frequency of flights between Paris-Charles de Gaulle and Johannesburg, and a brand-new route to Maputo, Mozambique from 20 June 2021. The flight to Maputo will be a continuation of the Johannesburg flight. Wouter Vermeulen, General Manager Southern Africa Air France-KLM, affirms that Air France remains strongly committed to Africa as a strategic asset in their global network. “Air France is very pleased to announce that we will increase our flights to Johannesburg again and add Maputo to our network starting from June. In recent years, Mozambique has emerged as an important business destination, due to its rich natural energy reserves. We will connect Maputo to all major cities i...

13Apr

By Africa BusinessNo Comments

African News

ITFC and the Republic of Cameroon Sign a US$750 Million Three-year Framework Agreement to Support Cameroon’s Key Sectors through Integrated Trade Solutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and Eng. Hani Salem Sonbol, CEO, ITFC. The first signing is a three-year framework agreement amounting to US$ 750 Million under which ITFC will provide to Cameroon a financing envelop of US $ 250 Million annually over a period of three years to facilitate the imports of key commodities in the strategic sectors of energy, mining, in addition to the health sector with medical supplies including healthcare equipment. It will also sustain its already strong...