African News Archives - Page 3 of 46

Statement from GEAPP on the Africa Climate Summit 2023

7Sep

By Africa BusinessNo Comments

African News, Energy

Statement from GEAPP on the Africa Climate Summit 2023

The Global Energy Alliance for People and Planet (GEAPP) commends HE President Ruto, the African Union, and all organisers and participants of the first Africa Climate Summit. The summit has showcased the leadership and agency of citizens across the continent. This summit was not about a vision for the future, it was about action that is happening right now, and GEAPP is determined to do what it takes to unlock barriers and speed up progress with new technologies, flexible financing, and new green jobs that power business and progress with the continent’s abundant renewable energy sources. As an organisation built around collaboration, we applaud the diverse range of organisations joining together determined to drive urgent action that scales investment and expands opportunity. GEAPP s...

Shelter Afrique roots for climate-resilient affordable housing at the Africa Climate Summit

7Sep

By Africa BusinessNo Comments

African News, Kenya News

Shelter Afrique roots for climate-resilient affordable housing at the Africa Climate Summit

Governments should create incentives for the production of well-located affordable housing that minimizes construction costs, enhances sustainability, and offers better mobility. Nairobi-based, pan African housing development financier Shelter Afrique has implored African governments to adopt climate-resilient housing and create incentives for the production of well-located affordable housing that minimizes construction costs, enhances sustainability, and offers better mobility. Speaking on the session themed 'Integrated Liveable African Cities’ at the Africa Climate Summit – hosted by the Government of Kenya in collaboration with the African Union Commission, Shelter Afrique Managing Director, Thierno Habib Hann, said it was imperative to enhance climate adaptation mechanisms in climate...

4Sep

By Africa BusinessNo Comments

African News

However, Russia is cautious in West Africa

By Cheikh Mbacké Sene Expert in economic intelligence and sensitive communication - Economic analyst Russia is seeking to escape international isolation following its invasion of Ukraine and is turning to an Africa that is increasingly inclined towards cooperation alternatives. That's good, each party seems to have to offer what the other is looking for. But still at what price and what conditions, not to repeat the model that the continent has developed with its historical partners in 60 years and considered so far "unbalanced"? And how to apprehend a calculating and fairly cautious Russia that does not respond blindly to the "calls" of the military juntas in power in at least four ECOWAS countries? Economic partnership in the sectors of raw materials such as agriculture and hyd...

Virgin Atlantic Appoints Marc Harding As South Africa Country Manager

13Jul

By Africa BusinessNo Comments

African News, Business, South Africa News

Virgin Atlantic Appoints Marc Harding As South Africa Country Manager

Virgin Atlantic is delighted to announce the appointment of Marc Harding as Country Manager for South Africa. Marc joined Virgin Atlantic 23 years ago and held various roles in the operations and commercial departments across Johannesburg and Cape Town. For 13 years, Marc's core position has been part of the commercial team from Account Manager to Sales Manager, leading the South African Sales team, focussing on customers, driving and delivering revenue, leading to his new appointment. Marc's passion and commitment to Virgin Atlantic over the past 23 years have been made evident by the numerous accolades and awards from trade partners and within the business, with a career highlight as Global Sales Person of the Year in 2019. Earlier this year, Liezl Gericke was appointed Head of Interna...

Insights from the recent World Chambers Congress: why comfort in neutral disputes mechanism is key to the role of international trade as a salve for a fractured world

7Jul

By Africa BusinessNo Comments

African News, Events

Insights from the recent World Chambers Congress: why comfort in neutral disputes mechanism is key to the role of international trade as a salve for a fractured world

As the International Chamber of Commerce's (ICCs) 13th World Chambers Congress (WCC) has now come to a close in Geneva, we reflect on the theme of ‘multilateralism key to achieving peace and prosperity for all’. Alexander Fessas, Secretary General of the ICC International Court of Arbitration (Court), emphasises the importance of independent, neutral and robust dispute resolution processes free from political bias to encourage cross-border trade. Organised by the ICC, its World Chambers Federation and the local partner, the Geneva Chamber of Commerce, Industry and Services, the WCC is the largest and only international forum that enables chamber leaders and professionals to share best-practices, exchange insights, develop networks, address the latest business issues affecting their commun...

6Jul

By Africa BusinessNo Comments

African News, Rwanda News

ATI rebrands to ATIDI, opens its 2023 AGM in Recovery-prone Context

The Pan-African trade and investment development insurer, ATIDI, holds its Annual General Meetings in Kigali amidst global and regional recovery. ATIDI has begun implementation of its 2023-2027 corporate strategic plan, aimed at business and footprint growth. The organization has unveiled its new brand identity, rebranding from ATI to ATIDI Kigali, Rwanda, 06 July 2023 – Rwanda’s Prime Minister opened the African Trade and Investment Development Insurance’s (ATIDI) 2023 Annual General Meeting (AGM) today. The AGM, which gathers representatives of the multilaterals’ 21-member states and a few representatives from non-member shareholders, will validate its results for the challenging fiscal year 2022 - marked by massive headwinds stemming from health, political, economic and...

22Jun

By Africa BusinessNo Comments

African News

ONE Campaign urges leaders to seize the opportunity presented by critical New Global Financial Pact Summit

As world leaders gather in Paris to discuss how to accelerate efforts to tackle climate change and poverty, activists from The ONE Campaign are urging them not to waste this critical opportunity. The Summit for a New Global Financial Pact, hosted by President Emmanuel Macron, aims to accelerate efforts to recover from the global COVID-19 pandemic and tackle some of the most pressing global issues, including climate change, loss of biodiversity, rising poverty and growing food insecurity. The whole world is affected by these issues but the poorest and most vulnerable countries are paying the highest prices for crises they did the least to cause. Meeting climate commitments is expected to cost African countries USD$2.8 trillion by 2030. This is in addition to the burden of spiralling debts...

21Jun

By Africa BusinessNo Comments

African News, Business, Events

World Chambers Congress

The 13th World Chambers Congress takes place in Geneva this week (21-23 June) under the theme of ‘Achieving peace and prosperity through multilateralism in commerce’. Attracting 1,500 participants from over 100 countries, the Congress is the biggest, most diverse economic forum for chamber and business executives to exchange experience and examine the issues affecting people, their livelihoods and our planet. The ICC’s World Chambers Federation and the Geneva Chamber of Commerce & Industry have confirmed the participation of Michel Barnier, former EU chief negotiator for Brexit. Other prominent speakers include Maximo Torero Cullen, Chief Economist of the Food and Agriculture Organization, Pamela Coke-Hamilton, Executive Director of the International Trade Centre, Kelly Clements, De...

20Jun

By Africa BusinessNo Comments

African News, South Africa News

We can solve Youth Unemployment with Access over Opportunity

by Pieter Twine, General Manager: MySchool MyVillage MyPlanet Youth Month is often used to highlight career opportunities for young people in South Africa. My aim for Youth Month 2023 is that we don’t simply highlight opportunities, but rather focus on improving how we can give young people access to those opportunities. According to the National Business Initiative, youth (people aged 15-34) in South Africa make up around 36% of the country’s total population, but represent approximately 75% of total unemployment – with 4.9 million in total, unemployed, according to the Q1 2023 Quarterly Labour Force Survey (QLFS). Just over 1 million young people exit the education system every year, but 43% of these become discouraged from seeking employment within just 6 months. Within a year of lea...

13Jun

By Africa BusinessNo Comments

Africa Travel, African News

Radisson Hotel Group announces seven new hotels in Africa for the first half of 2023, maintaining its growth momentum across the continent

Radisson Hotel Group continues its ambitious growth in Africa with the signing of seven new hotels, adding over 1,400 rooms to its African portfolio. The new hotels expand the Group’s brands, spanning from upscale to premium luxury lifestyle with a new market entry in Gambia and the introduction of new brands in key markets with the first Radisson Collection in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the introduction of the Radisson brand in Kenya. As one of the fastest-growing hotel companies in Africa, Radisson Hotel Group plans to further strengthen its robust African presence this year beyond signings with at least seven hotel openings and over 1,400 rooms. These openings include the Group’s first hotel openings in Reunion Island and Ghana and expanding its res...