Thursday, November 21African Digital Business Magazine

Senegal News

Senegal News

Energy, Green Energy, Senegal News

A Just Energy Transition as advocated by President Macky Sall, will benefit Senegal’s economy, and create jobs for its young people

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 the same pattern as Western ones. In Senegal, where the development of oil and gas fields has put the country on the precipice of tremendous economic growth, Minister of Petroleum and Energy Aissatou Sophie Gladima has pushed and worked for a tempered and balanced approach to protecting the environment, one that considers the pressing needs of Senegalese people and businesses and the African Energy Chamber believes it is a step in t...
Senegal News, Startups

Inaugural Telecel ASIP Accelerator Demo Day powered by Startupbootcamp AfriTech to be held in Dakar

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 place at the Dhub – a space commissioned by the General Delegation for the Rapid Entrepreneurship of Women and Youth (DER/FJ) and established by the President of the Republic of Senegal, His Excellency Mr. Macky Sall – the live demo day will see participating startups demonstrate their pivotal journeys on a global stage and pitch products to interested stakeholders in breakout rooms afterward. The live demo day will als...
Energy, Mozambique News, Senegal News, Tanzania News, Uganda News

African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal

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 sustainable development of its natural resources. In fact, despite a global downturn in investment in 2020, FDI flows to developing economies accounted for 72% of global FDI, the highest share to date. Given the magnitude of Africa’s oil and gas reserves – not to mention its abundant renewable resource wealth – the continent remains a highly attractive market for inbound investment, which is vital for its growth. Take Ugan...
Energy, Green Energy, Senegal News, South Africa News, Uganda News

REN21’s new report shows that cities across Africa demonstrate progressive leadership to deploy renewables

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, city governments across the region have taken important steps to advance the deployment of renewables. Africa’s urban population increased more than 16-fold between 1950 and 2018, from 33 million to 548 million, and this rapid urban growth has been and remains a key driver of rising energy demand. Cities across Sub-Saharan Africa increasingly recognise the opportunities around renewable energy use to improve energy access, reduce energy pove...
It’s Time For Africa To Invest In Education, Science And Technology
Kenya News, Main, Science, Senegal News, South Africa News, Tech

It’s Time For Africa To Invest In Education, Science And Technology

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, the African Union Executive Council established a target for all member states to invest 1% of GDP in Research and Development. Data from the UIS shows that only South Africa, Kenya, and Senegal are close to meeting that target with about 0.8% of GDP dedicated to Research and Development. Africa will continue to be held back in development if we do not immediately invest in Research and Development. Science has the solution for most Africa challenges but we ar...
Ethiopia News, Main, Mauritius News, Senegal News, South Africa News, Tunisia News, Zimbabwe News

Funding Africa’s Infrastructure Gap

Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative sources financing to countries in Africa that have not been able to access funding in more traditional ways. The benefits are numerous, but African countries are also concerned about their growing dependence on China. Research released in 2018 from Baker McKenzie and IJGlobal (research) with data drawn exclusively from fully financed projects and excluding recent announcements of government funding commitments, shows that the value...
Tapping into Digital Technology Platforms  to Increase Agriculture Productivity in Africa
Agriculture, Main, Mali News, Nigeria News, Senegal News, Zambia News

Tapping into Digital Technology Platforms to Increase Agriculture Productivity in Africa

by Johan Burger Introduction Africa is a bit of an anomaly as far as agriculture is concerned. On the one hand, it has 65% of the world’s available uncultivated arable land, and it has the potential to feed the world. However, a country such as the Democratic Republic of the Congo (DRC), which has the potential to feed Africa’s 1.2 billion people, struggles to feed its own population of about 70 million. On the other hand, the continent is a net importer of food to the tune of US$41 billion annually. This figure is set to grow to US$110 billion by 2025 should nothing change. We also find that the average age of farmers in Africa is about 63 years, and 85% of farming activity takes place on smallholder plots of 2 - 3 hectares each. At the same time, the youth of Africa are fed-up with the p...
African News, Senegal News

IBM Helps Senegalese City of Thies Plan for Economic Growth

THIES, Senegal, Nov., 2012 /PRNewswire/ -- A team of experts from IBM (NYSE: IBM) presented recommendations to the City of Thies to grow the economic sector through measures to bolster entrepreneurialism, agricultural exports, and education. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) The 14-member IBM team of experts, with members hailing from ten countries, are completing a month-long engagement as part of IBM's pro bono Corporate Service Corps program, which provides problem-solving assistance to educational institutions, small businesses, non governmental organizations (NGOs), and governmental agencies in emerging markets.  Since the launch of the Corporate Service Corps in 2008, over 2,000 IBM employees based in 50 countries have been dispatched on mor...
African News, Senegal News

Africare to outline essential role of civil society, small-scale farming and best practices at this year’s AgriBusiness Forum

Agri2012 - AfriCare (Microsoft Word) Leading American NGO spotlights small-scale farming for a result-driven future for Africa’s Agri-Food sector. “Across Africa it is the small entrepreneurs and businesses that drive community livelihoods and national economic development. Yet without adequate financing or access to buyers, producers associations are not able to sell their products to increase their incomes and bolster their livelihoods. Furthermore without knowledge of the markets, they are unable to secure the inputs and technology needed to increase production,” explains Gwen Young Senegal Country Director for Africare who will be presenting Africare’s vision at this year’s AgriBusiness Forum taking place in Dakar, Senegal from 25-28 November 2012.   Focused on establishing s...
African News, Senegal News

The Government of Senegal to officially host this year’s AgriBusiness Forum

  The Government of Senegal and EMRC International partner to spotlight Africa’s agricultural and Agri-Food sector potential. Organised under the patronage of the President of the Republic of Senegal and the Prime Minister and hosted by Senegal’s Ministry of Agriculture and Rural Equipment, this year’s AgriBusiness Forum will highlight the importance of Africa’s agricultural potential under the theme “Boosting African Agriculture through Partnership, Investment and Technology,” bringing together over 400 people from across the world linked to the global Agri-Food industry.   The Forum will take place from 25-28 November 2012 in Dakar, Senegal announced the Ministry of Agriculture and Rural Equipment and Idit Miller, EMRC International Vice President, at a joint press confer...