Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard of my brother’s house. We […]
Category Archives: Senegal News
Senegal News
MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]
Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with +8% growth from 2021. Debt funding doubled in volume to $1.5B, accounting for nearly a quarter of the total funding. Fintech, still leading, attracted 39% of the total equity volume; Nigeria retained the top spot with 23% Partech Africa, the […]
Africa’s leading tech Accelerator, Startupbootcamp AfriTech (www.Startupbootcamp.org), together with founding partner and leading telecom giant, Telecel Group (https://TelecelGroup.com) have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP) (https://ASIProgram.com). The intrinsic value of startups in Africa lies in their ability to build fast and effective solutions to pressing challenges. Over the […]
By Lydia-Claire Halliday, Executive Director, Stakeholder Relations & Strategy, LCH Consultancy Ltd. Africa urgently needs a more extensive and robust aviation network, given the region’s relative lack of alternative long-distance transportation infrastructure The African aviation market has been underserved for a long time. Before 2020, only 9% of Africa’s air traffic was between African countries, […]
Day one prioritizes partnerships to build transnational capabilities and address security challenges in the region, particularly low-intensity conflict areas Panelists address the top 5 priorities for fleet modernization and capability building Focus placed on better human resource management for the African air forces Airforce industry leaders from across Africa and global defense experts gathered today […]
By Joonatan Huhdanmäki, Senior Analyst, Energy, Wärtsilä On the back of its recent and substantial oil and gas discoveries, Senegal is now preparing to ensure that its vast natural gas resources will help meet future electricity demand and put an end to the excessive electricity prices undermining its economy. Senegal’s domestic gas reserves will be mainly used to […]
Created in 2014, at the initiative of President Macky Sall, the Dakar International Forum on Peace and Security will be held on December 6 and 7 in the Senegalese capital, in the presence of around a hundred decision-makers from the continent, including several dozens of Heads of State – notably those of Niger, South Africa, […]
The Opening Ceremony will feature a keynote speech from His Excellency, Honourable Mr. Macky SALL His Excellency, Honourable Mr. Macky SALL, President of the Republic of Senegal will make a keynote speech at the Opening Ceremony of the 6th Senegal International Mining Conference & Exhibition, in Dakar. The two-day conference will focus on the theme […]
African oil- and gas-producing countries have been facing increasing pressure this year to abandon oil and gas activities and begin relying instead on green energy sources like wind, solar, and hydrogen to help prevent climate change. Many of these African countries are pushing back, however, and rejecting the notion that their energy transitions should follow […]
All roads lead to Dakar, Senegal this month for the first cohort of the Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Demo Day. After a grueling three months of pivots and business development facilitated by leading tech accelerator, Startupbootcamp Afritech, the Top 11 startups will showcase their work to a live audience on 30 September 2021. Taking […]
A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth. In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced […]
The 2021 edition of REN21’s Renewables in Cities Global Status Report, shows that one billion people live in cities with a renewable energy target or policy. The number of cities that have enforced partial or complete bans on fossil fuels jumped fivefold in 2020. With a special focus on Sub-Saharan Africa, the report shows that despite many challenges, […]
Under the High Patronage of His Excellency Macky SALL, President of the Republic of Senegal Conclusions & Recommendations of the review of Senegal’s mining code (2016) to be made at the SIM Senegal Virtual Mining Summit In the continued efforts to showcase Senegal’s mining sector, and leading up to the SIM Senegal International Mining Conference […]
By NJ Ayuk, Executive Chairman, African Energy Chamber “Flatten the curve.” Do you remember that phrase? It was on everyone’s lips back in the spring, when the novel coronavirus (COVID-19) pandemic began rampaging across the world in earnest. At the time, the idea was that the best way to combat the germ known as SARS […]
Africa produces just 1.1% of global scientific knowledge. There are 79 scientists per million Africans. According to the UNESCO Institute of Statistics (UIS) estimate for 2019 Africa’s funding for Research and Development is 0.4% of the continents GDP which is far below the global average of 1.7% and the lowest in the world. In 2006, […]
Senegal: an emerging & diverse mining destination The 6th edition of the biennial event, SIM SENEGAL, will take place from 03-05 November at the Hotel King Fahd Palace, in Dakar, Senegal. This three-day event is organized by the Ministry of Mines & Geology, Senegal in association with AME Trade Ltd. The main theme will be “Mines […]
The Ministère du Pétrole et des Energies, Sénégal, together with the Société des pétroles du Sénégal (PETROSEN) and supported by GeoPartners Ltd, is to launch the 2020 Senegal Licensing Round with an opening event on January 28th 2020, at the King Fahd Hotel, Dakar. The Licensing Round, announced at Africa Oil Week in Cape Town in November […]
United States President Trump’s America First strategy to shape Africa’s energy industry Barkindos OPEC to bring stability Nigerian entrepreneurs dominate the African energy landscape Angola on rebound Senegal champions gas On Wednesday, the African Energy Chamber launched its inaugural Top 25 Movers and Shakers to Watch list. Providing a window to what key developments and advancements the […]
What is the African Energy Outlook 2020? A comprehensive overview of the oil and gas sector across sub-Saharan Africa, with a focus on the strategic, operational and investment trends in the industry. Key insights Strategic: The low oil price environment is forcing African producers to sharpen their competitive edge. Several governments, including Angola, Gabon, and […]
Gabon, Equatorial Guinea and Senegal will continue to showcase their hydrocarbon potential at the 2019 Africa Oil & Power conference and exhibition. Senegal and South Sudan will launch their next oil and gas licensing round at AOP 2019. Senegalese President, H.E Macky Sall, will be honoured as Africa Oil Man of the Year by Africa […]
2nd edition Economic Forum Generating “FEG Dakar” Place du Souvenir Africain Dakar, Senegal 2019-11-05 2019-11-06 For more information: www.forum-generescence.com