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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 …

ABH annually awards 10 outstanding entrepreneurs from across Africa with a share of a US$1.5 million grant

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 …

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

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. …

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

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, …

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 …

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 …

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 …

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 …

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 …

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. …

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 …

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 …

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 …

Africa is a huge market of the future! More and more German companies are becoming active in African countries. But how do they acquire the necessary know-how to successfully do business in the African market? That is exactly the focus of the 7th German-African Business Forum NRW, holding virtually on 16 February 2022. Under the motto “Africa Business 2022: global …

Start-up funding in Africa topped $1.2 billion in 2020 – a six-fold increase in five years, but still less than 1% of the value that US start-ups raised. The continent’s research and development (R&D) investment is only a quarter of the global averageAfrica is trailing behind the world in developing a knowledge-based, digital economyGovernments can change this by fuelling tech …

The German Development Cooperation here in Abuja, Nigeria, has a field of action called Business Ideas for Development. Their main aim is to support Nigerian professionals in Germany who are interested in starting a business in Nigeria

The Bayelsa State Government has said that it would partner with the AfricanTide Union, an international social development organisation, to train over 200 Bayelsans in various skills. The Commissioner for Labour, Employment and Productivity, Hon. Stanley Braboke, stated this on Monday during a meeting with the management of AfricanTide Union in Yenagoa. He expressed delight that the AfricanTide Technical Training …