Special

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 …

While the exact level of threat posed by the newly-discovered Omicron variant of COVID-19 remains to be seen, the reaction from the global community - travel restrictions, potential lockdowns - could have a severe impact on the region's economic fortunes.

NJ Ayuk, Executive Chairman, African Energy Chamber, argues against those pushing for a halt to new investments in Africa’s oil and gas industry. The majority of those making these demands are based in industrialized nations that were built on fossil fuels, he argues. For more than a year, the African Energy Chamber has been pushing back against steadily building pressure …

It is projected that under the African Continental Free Trade Area, extreme poverty will significantly decline across the continent, writes Zion Adeoye, Managing Director for Centurion Law Group’s AfCFTA Desk, and he lists what Africa has to do to realise the potential of the trade agreement — Established in 2018, the African Continental Free Trade Area (AfCFTA) represents perhaps Africa’s …

ABUJA, Nigeria, January 5, 2022/ — CEO of Merck Foundation, Senator Dr Rasha Kelej, and the scientific committee felicitated 13 winners of best African Women Researchers and best Young African Researchers of MARS Awards 2021 ceremony via videoconference for their valuable research work and contribution to empowering women and youth in STEM; Merck Foundation also announced the Call for Applications for …

Céphas Kosi Olatidoye Bansah, the Togbe Ngoryifia of the Hohoe Gbi Traditional Area, Ghana, has been living in Germany since 1970. After he was named chief of the 300,000-strong community of Ewe-speaking people in 1992, Bansah chose to continue living in Germany instead of returning home. The master agricultural machinery mechanic and master motor vehicle mechanic, who is better known …

African tech startups raised a record-breaking $4.42 billion in funding in 2021, with the investment in African innovation almost doubling since 2020. With this increase in funding, comes an increased demand for hands-on support and access to markets from startups in Africa. Therefore, the Telecel African Startup Initiative Program (ASIP) powered by Startupbootcamp (SBC) AfriTech, has opened applications for its …

The Nigerian government has announced that the Siemens AG power project which plans to grow the country’s power delivery to 25,000 megawatts will be revived in the first quarter of 2022. The Minister of Power, Abubakar Aliyu, made the announcement on Thursday, explaining that the German firm, Siemens AG, would begin operations in Nigeria soon and that activities to get …

Mauritius is set to become a plastic free island that will help protect the nation’s wildlife and place the country on the path to a green economy. Early this year single use plastics were banned in and over the next three years the Mauritian government will be putting in place further regulations and restrictions to rid the island of plastics. …

JOHANNESBURG, South Africa, 8 December 2021/ African Media Agency (AMA)/: The Financial Mail Adfocus has honoured renowned marketer, Thebe Ikalafeng, with the 2021 Lifetime Achievement Award for his contributions to marketing, branding and the industry in a standout global African career that spans over 25 years. The Jury agreed that not only is Ikalafeng a legendary marketer, but what set …