BUSINESS

An initiative to promote African women entrepreneurs in Europe will launch in the German commercial city of Frankfurt/Main on 25 October. Maisha Business Women in Europe (MBWE) will offer women with refugee experience the opportunity to develop their entrepreneurial ideas and market their products and services. According to Virginia Wangare Greiner, one of the directors of the empowerment project, MBWE …

The chocolate industry is worth more than $80 billion a year. But some cocoa farmers in parts of West Africa are poorer now than they were in the 1970s or 1980s. In other areas, artificial support for cocoa farming is creating a debt problem. Farmers are also still under pressure to supply markets in wealthy countries instead of securing their own …

A private company, Mara Phones, has opened a smartphone manufacturing plant in Kigali, blazing a trail in Africa in the local production of electronic goods. Rwanda’s President Paul Kagame Monday inaugurated what is being described as Africa’s “first high tech smartphone factory” in the country’s capital city. He commended the drive towards affordable smartphones and underlined the need to boost …

Convened by Nigerians in Diaspora Commission (NiDCOM) in collaboration with Nigeria Diaspora and Alumni Network (NIDAN), the Summit is supported by the Ministry of Foreign Affairs, Nigeria Investment Promotion Council, Nigeria Export Promotion Council, and Infrastructure Concession Regulatory Commission.

The on-the-spot assessment, which involved a facility tour, was carried out by experts from MetProm Group, a Russian company which had offered to rehabilitate the steel complex and run it.

As part of activities marking the 2019 Global Sustainability Week, employees of the pan-African conglomerate, the Dangote Industries Limited (https://Dangote.com/) flagged off an environment initiative tagged “Waste to Wealth initiative”, focused on managing waste disposal while generating income and giving back to communities wherein it operates. The Company marked the Sustainability Week with the theme: “Our Community, Our Passion” with …

Do you want to start a business, grow or revitalise your existing company and need inspiration, advice and funds? The German Founders and Entrepreneurs Days (Die Deutschen Gründer- und Unternehmertage or deGUT), holding in Berlin on 18-19 October, is the place to be. In addition to a comprehensive, free seminar and workshop program, the fair offers information on all start-up …

A non-profit membership organisation made up of German and Nigerian owned business enterprises, NGCC promotes increased bilateral business relationships between the two countries.

“We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing to drive Africa’s growth”

The report provides GDP growth forecasts for various regions of the continent.

Learning from its work in 34 countries on the continent over the past decade, the Foundation is now deepening its engagement in 10 African countries.

In a bid to ameliorate poverty in the country, Aliko Dangote, Africa’s richest man, has unveiled plans to empower 106,000 Nigerian women with N1.1 billion worth of micro-grant programme. The philanthropist is set to achieve this through his Aliko Dangote Foundation (ADF) before the end of 2019. Premium Times, a Nigerian online newspaper reports on Monday that the Aliko Dangote …

A new body replacing the economic management team led by Vice-President Yemi Osinbajo has been appointed by President Muhammadu Buhari on Monday. The announcement, which was contained in a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, gave details, “This advisory council will replace the current Economic Management Team and will be reporting directly …

After months of searching the continent, Africa's prestigious Anzisha Prize has now unveiled its top twenty finalists for the 2019 overall winner

The government of Ethiopia has unveiled what it describes as a “Homegrown Economic Reform” agenda aimed at unlocking the country’s development potential. “Several months in the making and spearheaded by some of Ethiopia’s finest minds, our initiative aims to propel Ethiopia into becoming the African icon of prosperity by 2030,” said Prime Minister Abiy Ahmed of Ethiopia. He made the …

The conference, according to the organizers, will welcome attendees to a day of talks, panel discussions and workshops centred on ‘Women, Leadership, Technology, Innovation, Entrepreneurship and the African Continent’.

The new EU ‘Delegated Regulation’ on strong customer authentication enters into force on Saturday (14 September 2019). You have to identify yourself in two different ways to complete an online purchase or bank transaction.

Muftau Muyiwa* writes on the changing narrative of Africa. Once depicted as a “hopeless” place incapable of installing and sustaining democratic rule or effective governance, it’s now being trumped as a continent of opportunities. The author explains that Africa has always been a haven of business and economic opportunities and what the world must do engage the continent’s reality to …

Afrolynk, an organisation that promotes increased African-European business relationship with a focus on technology, will hold its 2019 conference in Berlin, Germany, from 16-20 September. The five-day ‘Africa Tech & Entrepreneurship Week’ will feature workshops, an ecosystem tour and a start-up night.    This year’s conference, with the theme ‘strategic partnerships for sustainable growth’, will focus on how to transform businesses …

The initiative is aligned with the government’s An Agenda for Jobs: Creating Prosperity and Equal Opportunity for All, and Ghana’s commitment to positioning the country as a global entrepreneurship and technology hub.