PRESS RELEASE: With over 600 million people without access to electricity, Africa cannot and should not leave its oil and gas resources in the ground says the African Energy Chamber ——- While Western nations are calling for the abrupt end to fossil fuel utilization in Africa, countries such as the UK and Norway continue to hold licensing rounds intended to …
Read More »Africa’s best bank named
“Receiving the highest recognition on the continent from an authoritative institution such as Global Finance is a great honour and an affirmation of the hard work that each of our colleagues across the continent contributes daily”
Read More »Applications open for 2022 ranking of young African leaders
Launched in 2014, the Choiseul 100 Africa is an annual study conducted independently by the Institut Choiseul that identifies and ranks the 100 young African leaders aged 40 and below who are playing or expected to play an important role in Africa’s development
Read More »How a Kenyan fintech helps keep kids from low income families in school
Kenya’s constitution guarantees free public education for children and has made great strides to make that happen over the past decade. “However, persistent historical barriers, such as poverty and distance to school, continue to prevent many children from accessing the teaching and education they deserve. For years, this has stumped education policymakers,” says Andrew Zerzan, Deputy Regional Director and Director …
Read More »What the Global Oil Crisis means for Africa
The cost of fuel has risen sharply, with the price of crude oil hitting a 14-year high in recent weeks, sparking concerns around the world as countries worry about their ability to meet their energy needs. What about Africa? Experts ponder on the way forward for the continent JOHANNESBURG, South Africa, March 31, 2022/ — Energy experts say the growing …
Read More »Applications Open for 2022 Africa’s Business Heroes Prize Competition
ABH annually awards 10 outstanding entrepreneurs from across Africa with a share of a US$1.5 million grant
Read More »Nigeria scraps pre-departure COVID-19 tests for vaccinated travellers
Fully vaccinated travellers arriving in Nigeria will no longer be required to take a pre-departure PCR COVID-19 test, the Chairman of the Presidential Steering Committee (PSC) on COVID-19, Boss Mustapha, announced on Monday. Mustapha, who is also the Secretary to the Federal Government, made the comment during a press briefing of the PSC in Abuja at which he announced a …
Read More »Google invites Black start-ups in Europe for grant funding
Black founders in Europe disproportionately lack access to the networks and capital needed to grow their businesses. In 2020, with less than 0.5% of venture capital (VC) funding going to Black-led startups
Read More »World’s largest hospital ship makes its way to Senegal
ROTTERDAM, Netherlands, March 16, 2022/ — The 37,000-gt Global Mercy was welcomed in Rotterdam, Netherlands over the last two weeks as the ship opened its doors to the public and global dignitaries for tours before it will begin active service in May in Dakar, Senegal – the first of many missions in the next 50 years on the African continent. …
Read More »OPINION: How Africa can rescue Europe from its dependence on Russian gas
Currently, Russia supplies about a third of Europe’s crude oil imports and nearly half of its natural gas, some 150 to 190 billion cubic meters of gas per year. With concerted effort, Africa can help Europe overcome its dependence on Russian gas, argues NJ Ayuk, Executive Chairman, African Energy Chamber
Read More »Germany, Orange open digital training centre in Madagascar
Orange and the German Development Cooperation inaugurate in Madagascar the 9th Orange Digital Center in Africa and the Middle East, to train young people in digital technology and enhance their employability. The goal is to fulfil their shared vision, fostering youth employability while supporting sustainable growth and the country’s digital transformation —— Orange, one of the world’s leading telecommunications operators, …
Read More »1st AfricaTech Awards opens call for applications
AfricaTech Awards to spotlight the next generation of African innovators by recognizing cutting-edge solutions in the climate tech, health tech and fintech sectors — PARIS, France, 8 March 2022 -/African Media Agency (AMA)/- Viva Technology and the International Finance Corporation (IFC) today announced a call for applications for the first edition of the AfricaTech Awards, a pan-African initiative developed to …
Read More »Microsoft to support 10,000 African startups
Microsoft has announced new initiatives to accelerate the growth of 10,000 African startups and fast-track investment in Africa’s startup ecosystem over the next five years. The company’s recently launched global Founders Hub will now be available to African startups through the Africa Transformation Office (ATO). The Founders Hub is a self-service hub that provides startups with a wide range of …
Read More »AFRIKA KOMMT! Call for applications!!
AFRIKA KOMMT! – a further training programme for young African executives – brings together the most visionary young leaders from Africa and leading German companies. Companies benefit from the expertise, knowledge, local network and unique African perspective of the young professionals. The African fellows dive deep into the German corporate specifics, German business spirit and the German culture. The programme …
Read More »Angola Beyond Oil and Gas and the road to Economic Diversification
Verner Ayukegba, Senior Vice-President of the African Energy Chamber, reveals Top Four Sectors for FDI in Angola ———- Over the course of 2022-2023 Angola aims to consolidate its post COVID-19 economic recovery agenda on the back of stronger oil and gas prices. Given the landmark USD$100 per barrel price threshold being exceeded, analysts are projecting an upbeat economic outlook for …
Read More »Africa is the place to invest, US congressional delegation says
The congressman from New York and Chairman of the US House Foreign Affairs Committee was speaking during a visit to the African Development Bank Group on Saturday ABIDJAN, Ivory Coast, March 1, 2022/ — United States Congressman Gregory Meeks has warned that the United States would only be part of the future if it invests in Africa now. The congressman …
Read More »Nigeria: NDDC’s achievements and challenges facing it under new leadership – Barrister Ekene Onwuka
Prince Anthony Ekene Onwuka, a Germany-based lawyer and project management consultant, is the Special Assistant, Project Monitoring and Special Duties, Presidential Monitoring Committee on the Niger Delta Development Commission (NDDC). The Commission, established in 2001, is saddled with the responsibility of redressing the historical neglect to which the oil and gas-rich region had been subjected by successive governments since independence. …
Read More »Nigeria: Governor Diri launches skills acquisition centre in Yenagoa
Increasingly, attention is being paid to the reality and the potential of the contribution of Nigerians in the Diaspora to the development of their home country. On the 9th of February 2022, such gesture was recorded in Bayelsa State at the occasion of the 2nd year anniversary of the administration of the Governor of Bayelsa State, Senator Douye Diri, when …
Read More »Germany: Number of foreign students rises despite pandemic
The number of foreign students in Germany continues to rise even during the pandemic, a new report by the Academic Exchange Service reveals —- Despite the ongoing coronavirus pandemic, the number of foreign students in Germany has apparently increased. As the German Academic Exchange Service (DAAD) announced in Bonn on Tuesday, according to a survey-based forecast, between 330,000 and 350,000 …
Read More »First African company listed on German stock exchange
Centurion International AG has listed on the Open Market of the Düsseldorf Stock Exchange, marking a historic moment for the firm as it moves to enhance international investment and collaboration within Africa’s diverse economy. With the listing, the pan-African firm will now be owned by employees and the public. The energy advisory and legal services company provides a gateway for …
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