BUSINESS

German-African trade reached a new record level in 2022, according to Germany’s Federal Statistical Office. Exports from Germany to African countries last year were 14.5 per cent above those of the previous year at 26.4 billion euros. The increase in imports from the continent was even more pronounced at 27.4 per cent to 33.4 billion euros. The trade volume therefore …

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 14-15 October, is the place to be. In addition to a comprehensive, free seminar and workshop program, the fair offers information on all start-up …

ANNOUNCEMENT As part of efforts to increase the inflow of Foreign Direct Investments and Diaspora Investment to Ghana, the Diaspora Investment Desk of the Ghana Investment Promotion Centre is organizing a 4- city investment roadshow in Germany. Scheduled from October 3rd to October 13th, 2022, the roadshow held in collaboration with the Ghana Embassy in Germany will consist of high-level …

“Mak(e)ing diversity visible” – In accordance with this principle, the ADAN Career Day 2022 will take place for the third time in a row on October 14 between 10 am and 6 pm in the Saalbau in Frankfurt am Main. This year, the Afro-German initiative pursues an important goal by aiming to establish the largest hybrid career fair for BPoC …

Lagos-based Africana Couture with the opening of its new classy outlet in Abidjan has made a significant statement of intent of taking the lead in the propagation of African fashion on a global scale The merry sound of clinking glasses, hearty laughter and afrobeats music permeated the cool September evening at Rue Marconi Zone 4, a posh business district in …

Nigeria has announced that Ethiopian Airlines would be its major partner, with forty-nine percent share-holding, for the Nigeria Air project. The country’s Minister of Aviation, Hadi Sirika, disclosed this during a press briefing in Abuja where he revealed that the national carrier was well on its way to being launched with three Boeing 737-800 that will shuttle between Abuja and Lagos. …

Although Total Energies has promised the affected farmers compensation for the loss of their land, little or nothing has reached them so far. Opponents of the oil projects are considered enemies of the government and are subjected to threats, arrests and imprisonment.

400 Fintech & Crypto Industry Leaders From Across Africa to Convene in the Ghanaian capital city at the Africa Money and DeFi Summit on 27-28 September —– As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintech’s, investors, crypto platforms, ventures and digital finance stakeholders will connect at the Africa Money …

Exchange rates crucially impact the trade and economic performance of a country and often, they indirectly influence many different areas of your day-to-day life, from the cost of your groceries at the local market, to the cost of fuel, job opportunities and even the value of the money you remit.  To help you get a good deal on your next …

In May 2021, the International Energy Agency (IEA) issued a report calling for a halt to oil and gas exploration around the globe at the end of 2022. NJ Ayuk, Executive Chairman, African Energy Chamber, argues in this opinion piece that denying Africa the benefits of its oil and gas resources could hinder the continent’s development—— African countries are hardly …

Africa’s Business Heroes (ABH) Prize Competition, the flagship philanthropic program established by the Jack Ma Foundation to spotlight and support African entrepreneurs, has announced the top 20 finalists for its 2022 edition. Now in its fourth edition, ABH is a Pan-African competition that recognizes and celebrates entrepreneurial talent across the continent. It offers entrants a chance to win a share …

In November 2022, leading innovators, investors, and policymakers from around the world will gather in Cape Town, South Africa, for the 8th edition of the Africa Fintech Summit (AFTS). The summit will take place on 02-04 November 2022 at the Cape Town International Convention Centre(CTICC). With participants who represent over $4.5bn in private equity and venture capital funding, the AFTS …

The good news is that Algeria, Egypt, and Nigeria are already supplying a good bit of the gas that Europe has been using to supplement Russian supplies. Even better, they also have enough spare capacity that their plans for raising production within the next few years are realistic.

The President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has given strong assurance to US investors that Africa is a secure, competitive and profitable market for investment. Adesina was speaking on Wednesday at the US-Africa Business Summit in Marrakech, Morocco, where he told American investors to see Africa as a logical investment destination and to engage with …

Since joining the African Development Bank (AfDB) Group as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa. That mission received a strong boost last week at the 7th Africa Ireland Economic Forum in Dublin, as AfDB’s President, Dr Akinwumi Adesina, enjoined the Irish business community to invest more in Africa. …

In an exclusive interview with The African Courier, Godfrey Evurulobi, a graduate of international business from the University of Applied Sciences Cologne, narrates how he started and he talks about the nursing care sector in Germany and why his companies are currently recruiting Africans. The Nigerian-born entrepreneur also talks about his successes and challenges so far, and he gives tips to Africans planning to start a business in the country.

VivaTech is the biggest startup and tech event in Europe and is recognized worldwide as a powerful catalyst for business transformation, startup growth and innovation for the common good

NAIROBI, Kenya, 21st June 2022 -/African Media Agency(AMA)/- Graduates of the SAP Young Professionals Program are adding valuable digital skills capacity to African enterprises across the continent. According to Cathy Smith, MD SAP Africa, since the launch of the program in 2012, the support provided by graduates brings critical digital skills to African businesses to help drive greater digitalisation and …

A new report reveals signs of rebound in Ghana’s economy, but shows that COVID-19 and the Ukraine-Russia crisis will test its resilience and inclusivity. The report, Transforming Ghana, reviews the country’s development over the past ten years (2012–2021) and evaluates the African Development Bank’s contribution through its High 5 strategic priorities——— Ghana has enjoyed two decades of steady growth, but …

As the voice of the African energy sector, the African Energy Chamber strongly advocates for German-Africa partnerships, recognizing the role Germany will play in advancing energy security across the continent