Friday, November 8African Digital Business Magazine

African News

African Business News

African News, Kenya News, Medicine

De-risking vaccine production in Africa presents substantial challenges, but not insurmountable

Several public and private stakeholders in our healthcare sector were shocked to learn of Moderna’s decision to abandon its plans to establish a vaccine production facility in Kenya last month, raising repeated concerns about vaccine accessibility and production capacity in Africa. “The indignation and frustration that many felt at reading these headlines places us among the thousands who, like most Africans, view Moderna’s decision as confusing and, once again, part of the trend of relegating Africans’ health and wellbeing to the whims of corporate interests,” shares Michael Mynhardt, CEO at MMH & Partners Africa. He adds that prior to the COVID-19 pandemic, people living in Africa were aware that the continent was partly, and in some cases wholly reliant on external actors for its ...
African News, Tunisia News

Tunisian Diplomat Aya Chebbi honored by Vital Voices

On May 30th, Tunisian human rights activist Aya Chebbi was honored at the Kennedy Center in Washington D.C as a Vital Voices Global Leadership Honoree. In the presence of founder and former US Secretary of State Hillary Clinton, Aya was commended at the 23rd annual global leadership awards for her tremendous accolades and tireless activism as a Pan-African diplomat championing young women’s political leadership. She was honored alongside Honor Nobel Laureate Maria Ressa, Marshall Islands President Hilda Heine, SafeCity, Activist Nika Kovač, and Colombian Environmental Minister Susana Muhamad. Since 1997, Vital Voices has served as an international non-profit founded on the principle that fighting global crises begins with accountability-backed investments in women leaders.  Alongside pr...
Valuable insights for African companies doing business overseas – International Chamber of Commerce (ICC) Report: The Truth About B2B Cross-Border Relationships
African News, Business

Valuable insights for African companies doing business overseas – International Chamber of Commerce (ICC) Report: The Truth About B2B Cross-Border Relationships

The International Chamber of Commerce (ICC) has recently published an in-depth Report on the differences in attitude and approach around the world to commercial contracts and disputes, providing valuable insights and guidance for African businesses trading overseas. The Truth about Cross-Cultural B2B Relationships is a joint venture between the ICC's International Court of Arbitration, Jus Connect (part of the global law and disputes intelligence leader Jus Mundi) and consulting firm McCann.  It is a summation of: 1,700 quantitative interviews with business-to-business decision-makers across nine countries, plus 20 one-hour, in-depth interviews with business leaders and dispute resolution specialists, supplemented by 20,000 desk research data points. The results show h...
African News, Events, Kenya News

The International Chamber of Commerce’s (ICC) International Court of Arbitration proudly presents, and invites registrations to the ICC Africa Conference on International Arbitration in Nairobi, Kenya

The International Chamber of Commerce (ICC) proudly presents and invites registrations to the 8th ICC Africa Conference on International Arbitration, a multi-day event dedicated to exploring the dynamic landscape of Arbitration and ADR in Africa. Set to take place for the first time in Nairobi, Kenya, this event brings together leading experts, practitioners, and business stakeholders to delve into the latest developments, challenges, and opportunities shaping the future of dispute resolution on the continent. From 29 to 31 May 2024, arbitration professionals and business representatives from the continent and around the globe will converge to explore the emerging trends in ADR in the African context. The conference is tailored for a diverse audience, including: • Practising lawye...
OmniRetail Emerges First in Financial Times’ Ranking of Africa’s Fastest-Growing Companies
African News, Business

OmniRetail Emerges First in Financial Times’ Ranking of Africa’s Fastest-Growing Companies

Omniretail, a B2B enablement platform focusing on digital infrastructure in Sub-Saharan Africa, is proud to announce it has secured the top position in the Financial Times (FT) ranking of Africa’s Fastest-Growing Companies for 2024. The ranking, now in its third year, continues to highlight the dynamism and growth of companies in sectors including fintech, renewable energy, healthcare, e-commerce, and agriculture. The FT presents Africa's Fastest Growing Companies list comprising innovative, modern, companies growing at scale, that are the driving force of the international economy in the 21st century. The Financial Times partners with Statista, to produce similar rankings for companies in Europe, Asia, and America. The inclusion of OmniRetail as part of this prestigious list is a testame...
Empowering African Environmental Science: The Jennifer Ward Oppenheimer (JWO) Research Grant Seeks Another Trailblazing Recipient
African News, Events, Science

Empowering African Environmental Science: The Jennifer Ward Oppenheimer (JWO) Research Grant Seeks Another Trailblazing Recipient

Historically, Africa has been underrepresented in global research and development endeavours, with limited resources allocated to research initiatives compared to other regions. However, there is growing recognition of the immense potential for innovation and scientific advancement within Africa's diverse landscapes and communities. Subsequently, this is why research grants such as the Jennifer Ward Oppenheimer Research Grant, now in its sixth year, are impactful. The Jennifer Ward Oppenheimer Research Grant (JWO Grant) was established in 2019 to honour the legacy of the late. Jennifer Ward Oppenheimer, a distinguished pioneer in African education and environmental science. The JWO Research Grant has been instrumental in advancing vital research initiatives across the continent. As it app...
African News

Second edition of Hospitality Confidence Index highlights a thriving tourism sector in Africa

In the run-up to the seventh edition of the Hotel & Hospitality Expo Africa in June, the African Hospitality Confidence Index 2024 shares top insights into the trends shaping the continent’s hospitality sector. “The latest Confidence Index paints a vivid picture of a vibrant, positive industry in which the majority, at 80%, of hotel, bar and restaurant operators, along with industry suppliers are looking to the future with growing confidence and optimism,” says Margaret Peters, Event Manager for Hotel & Hospitality Expo Africa at dmg events South Africa. “Many businesses have recovered from the pandemic and are entering a new growth phase encompassing greater technological development, increased access to financing and a focus on nurturing industry talent, whereby 55% of responde...
African News, Zambia News

Impact Africa advances sustainable development in Africa with new regional footprint in Southern Africa

Organizations in the Southern African Development Community (SADC) region are now set to further their sustainability agenda after a support firm expanded its outreach by opening a new regional office in Lusaka, Zambia. Impact Africa Consulting Limited  (IACL) announced this latest development in a virtual press briefing conducted from its headquarters in Nairobi and the new office in Zambia promising to expand more physical presence in other parts of the continent in the coming months. Speaking during the briefing, Partner and Lead Consultant Dr. Edward Mungai explained that this expansion signifies a major leap in IACL's commitment to advancing sustainability across the African continent. "The opening of our Lusaka office is in line with IACL's dedication to fostering sustainable practi...
African News

Africa Carbon Markets Initiative (ACMI) Unveils Encouraging Progress to Drive Sustainable Development and Combat Climate Change in Africa

The Africa Carbon Markets Initiative (ACMI) is proud to unveil substantial progress and achievements made in 2023, underscoring its commitment to accelerating climate action, promoting sustainable development, and addressing the impacts of climate change in Africa. By sharing its progress, ACMI is doubling down on its support to African carbon markets, whilst also recognizing the incredible progres that global carbon markets have seen at COP28. 1. Comprehensive Carbon Market Activation Plans (CMAPs): ACMI has been actively collaborating with seven African countries, including Kenya, Mozambique, Nigeria, Malawi, DRC, Ghana, and Rwanda, to develop robust Carbon Market Activation Plans (CMAPs). These plans focus on formulating regulations and policies for both voluntary and compliance carbo...
African News, Sudan News

Sudanese woman honored with Hillary Clinton

 By Brooke Edwards: Sudanese human rights activist Enass Muzamel has dedicated her life to the defense of democracy, human rights, and female empowerment. Born in Sudan, and as the war continues, her dedication and devotion to these issues were honored at the Kennedy Center in Washington DC and recognized by former US Secretary of State Hillary Rodham Clinton. After losing her father at age thirteen, Enass was immediately conscious of the deeply patriarchal confines dictating Sudanese society. Her newly-widowed mother’s fight to keep their house for her seven daughters posed a threat to the male-domineered status-quo. Bearing witness to her newly matriarchal family’s struggle in the Sudanese sphere, Enass was motivated to fight this all-encompassing suppression. Becoming the Co-F...