In November 2021, Sangano Black Business Hub, a collective initiative from diaspora and Afro-German entrepreneurs in Germany, launched its annual survey for 2021/2022. The survey seeks to understand the entrepreneurship experience of Black-led businesses and start-ups in Germany and Europe. The survey asks a series of questions about entrepreneurship challenges, the scale of barriers to entry for new start-ups and …
Read More »Why Africa must close its science and technology gap – Former President of Mauritius
“How can a continent with the largest share of arable land, a continent with the youngest population, a continent that has fueled all of the world’s industrial revolution, a continent that has helped drive the mobile phone industry, a continent that is at the cusp of supporting the world’s energy transition to greener technology with a large store of rare earth deposits accept such dismal statistics?”
Read More »Nigeria launches Africa’s first digital currency
President Muhammadu Buhari launched a digital currency for Nigeria on Monday in Abuja. The eNaira will complement the physical naira. “We have become the first country in Africa and one of the first in the world to introduce a digital currency for our citizens,” Buhari said at the event, which took place at the State House. He added that the …
Read More »SAP Young Professionals Program evolves to meet Africa’s digital skills demands
JOHANNESBURG, South Africa, September 28, 2021 -/African Media Agency(AMA)/- As survivors of a global crisis, bright young professionals are entering the labour market equipped with new skills, fresh perspective, and boundless energy. This is all thanks to a highly successful graduate program driven by SAP and supported by a thriving ecosystem of public and private sector partners and customers. According …
Read More »Dubai Expo 2021 to bolster economic ties between UAE and Africa
United Arab Emirates has launched its 6th edition of Global Business Forum Africa (GBF Africa) that aims at scaling-up and strengthening multifaceted business with Africa. As expected, Heads of State, more than 30 Ministers, high-ranking Government officials and prominent influential business leaders from Africa have confirmed their participation for the sixth edition of the GBF Africa, which takes place on …
Read More »BioNTech awarded German business prize 2021 for COVID-19 vaccine
BioNTech, founded by a German-Turkish researcher couple and which was one of the first companies to launch a coronavirus vaccine on the market, has been awarded the special prize of the German Founder’s Prize 2021. “With the outbreak of the COVID-19 pandemic, the world changed for all of us. Together with their team, Dr Özlem Türeci and Professor Dr Uğur …
Read More »Fund launches to power tech innovation startups across Africa
The Global Innovation Initiative Group (GIIG) has announced the launch of a first of its kind profit and purpose fund aimed at investing in early-stage tech innovation startups across Africa. Here’s how the Fund plan to play a part in stimulating entirely new industries, accelerating cross-border collaboration and unlocking access to new markets across Africa. Cape Town, South Africa & …
Read More »How cybercrime threatens Africa’s thriving digital economy — Experts
Cybercrime is one of the top risk factors likely to jeopardize Africa’s economy especially at this time when the continent is transitioning to E-commerce under the Africa Continental Free Trade Area (AfCFTA). That’s according to panelists at a Book Talk hosted by the Economic Commission for Africa (ECA) on 2 September 2021 The “Book Talk” was jointly organised by ECA’s Knowledge Management …
Read More »Facebook Marketplace rolls out across sub-Saharan Africa
Facebook has announced the launch of Facebook Marketplace to 37 countries and territories in sub-Saharan Africa. Currently available in South Africa, Ethiopia, Kenya and Nigeria, Marketplace exists as a point where people can discover, buy, and sell items from others in their local communities. This is done by tapping on the Marketplace icon or visiting Facebook Marketplace to browse and …
Read More »New airline takes off in Nigeria
Green Africa Airways Limited has announced the commencement of flight operations following its inaugural flight at the Nnamdi Azikwe International Airport, Abuja, on Thursday. The airline recently announced that it had received the Air Operators Certificate from the Nigerian Civil Aviation Authority. According to a statement by the airline, operations officially commenced with the inaugural flight from Lagos to Abuja …
Read More »German state awards grants to African and Baden-Württemberg startups
Twenty-three start-ups in Africa and the German state of Baden-Württenberg have been awarded grants, including funds totalling 100,000 euros, by Baden-Württemberg Development Corporation Foundation (SEZ). Nineteen of the beneficiaries will receive funding, training and mentoring while the rest will benefit from training and mentoring. SEZ is the international development agency of Baden-Württemberg, one of Germany’s 16 federal states. The grants …
Read More »Why African central banks must work together to roll out digital currencies – Mauritius
Bank of Mauritius Governor, Harvesh Seegolam, has called on African Central Banks to collaborate on digital currencies. He made the call at a meeting of the Ministers of Finance and Governors of central banks of all 54 African countries, held in Burundi and virtually on Thursday. This year’s edition of the annual gathering focused on ‘Digitalization for Inclusive Recovery and …
Read More »What African enterprises need to know about the next ten years — CEO, SAP Africa
By Cathy Smith, Managing Director at SAP Africa Are African enterprises at risk of extinction, just as millions of natural species face extinction due to the impact of climate change? Businesses and countries across the continent are attempting to rebuild following the devastating economic impact of the pandemic. It is perhaps an opportune time to take stock of whether we …
Read More »Malabo hosts Africa’s biggest tech meeting
Technology at the service of African youth and the continent: TEG Campus, the biggest tech meeting in Africa, returns for a 4th edition with the theme “The Tech Response” ——– Equatorial Guinea, 16 July 2021 -/African Media Agency(AMA)/- From 22 to 27 July, the annual TEG Campus event will bring together for the 4th year in a row African players …
Read More »Why cybercrime poses existential threat to West Africa’s economy — Expert
By Titilayo Adewumi, Regional Sales Director: West Africa at SAP LAGOS, Nigeria, 6 July 2021 -/African Media Agency(AMA)/- While organisations across West Africa work to recover from the economic impact of the pandemic, the global cybercrime industry is going into overdrive. An increasingly sophisticated cybercrime industry is launching a range of attacks aimed at organisations and critical infrastructure. Such attacks …
Read More »German funding for Nigerian Startups! Call for Application!
Do you have an idea, business or initiative worth spreading or an upscale? Here is a platform… StartUp Afrika is a program designed to support innovative startups through intercontinental exchange and network plus funding. Why StartUp Afrika? We believe that startups can play a key role to create a social andecologically transformed economy in Africa and Baden-Württemberg. 100,000 euros for …
Read More »SAP Young Professionals Program extends digital skills build to Lusophone Africa
LUANDA, Angola, 17 June 2021 -/African Media Agency(AMA)/- SAP’s flagship digital skills build initiative the Young Professionals Program is celebrating its first-ever graduates from Lusophone Africa. At a virtual graduation ceremony attended by Constantin Zelenty, Deputy Head of Mission, German Embassy Angola; Cathy Smith, Managing Director, SAP Africa; Pedro Guerreiro, Managing Director, SAP Central Africa; as well as SAP customer …
Read More »SA, Nigeria and Kenya driving e-commerce in Sub-Saharan Africa
The top market contributors to e-commerce in Sub-Saharan Africa (SSA) over the last three years were South Africa, Nigeria and Kenya. This is according to a recent white paper released by Visa titled ‘eCommerce developments across Sub Saharan Africa (SSA)‘. According to Visa, SSA may be one of the smallest regions of e-commerce globally, but it shows steady growth potential. …
Read More »Ethiopia signs pact with Internet Society to advance digital economy
The global non-profit organization Internet Society is committed to supporting Ethiopia in its vision to create an inclusive digital economy through the Digital Ethiopia 2025 Strategy ADDIS ABABA, Ethiopia, June 10, 2021/ — The Ministry of Innovation and Technology (MINT) of Ethiopia and the Internet Society (www.InternetSociety.org) announced a new collaboration agreement today that will help advance the digital economy …
Read More »Google launches programmes to support small businesses in Africa
Google has kicked off a series of programmes that will support the growth and recovery of small and medium-sized enterprises (SMEs) in Africa’s post-Covid economy. The programmes will be rolled out throughout the month of June. On the continent, SMEs account for around 90% of all businesses forming the backbone of the economy. While these businesses account for 80% of …
Read More »