The fourth edition of the Africa Code Week, an initiative of SAP, kicked-off early this week at a function held in Johannesburg. Since its inception in 2015, Africa Code Week has introduced over 1.8 million African youth to coding skills in multiple African countries while facilitating the integration of ICT education in the school curriculum […]
African leaders have called on international donors to commit $1 billion over the next 12 years to save Africa’s remaining elephants. During the Elephant Protection Initiative’s Consultative Group at the Illegal Wildlife Trafficking Conference, the group urged “donors to put elephants beyond the risk of extinction” by helping provide the required investment. Africa’s elephant population […]
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with a special ground-breaking ceremony to mark the occasion. Somaliland President Muse Bihi Abdi and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem launched the first phase of work on October 10 and thanked attending government officials […]
The International Rescue Committee (IRC) has revealed a significant increase in the number of new Ebola cases in North Kivu, Democratic Republic of Congo (DRC). According to a statement released by the organisation on October 11 in New York, as of October 9, there have been 194 confirmed and probable cases and 120 deaths from […]
The 7th Conference on Climate Change and Development in Africa opened in Nairobi Wednesday, October 10 with the African Union Commission (AUC), the Economic Commission for Africa (ECA) and the African Development Bank (AfDB) pledging to continue working together to make Africa’s development sustainable, inclusive and climate-resilient. Speakers from the pan-African institutions said they will […]
GE Power and Eskom have announced that Medupi unit 2, the fifth out of the six units at the power station, has now been successfully synchronized to the national grid. With five units already synchronised, Medupi’s plant capacity increases to deliver 4,000MW, enough to power nearly three million households, reaffirming its position as the largest […]
Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has announced its successful acquisition of a loan facility from the Export-Import Bank of China (CEXIM) of a US$200 million 5-year loan and a US$100 million 5-year stand-by facility for general corporate purpose. The loan marks AFC’s inaugural financing facility from China. This follows […]
South Africa has ratified the Tripartite Free Trade Agreement becoming the Fourth member state to do so after Egypt, Uganda and Kenya. This was according to a notification sent early this week, by the South African Government to the Chair of the Tripartite Task Force, Chileshe Kapwepwe, who is the Secretary General of COMESA. “This […]
Farmers, mainly small scale farmers, will soon have access to agricultural mechanisation equipment such as tractors thanks to the new framework that has been developed between Food and Agriculture Organization (FAO) and African Union (AU). The aim of the framework is to increase agricultural production through mechanization. The framework, code named Sustainable Agricultural Mechanization: A […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced several major initiatives. This was during a special event sponsored by ITFC at the 5th edition of the Rebranding Africa Forum (RAF) held in Burkina Faso from 5-6 October 2018. The high-level event was attended by several African […]
The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year. That position was largely mirrored by South African bulk commodity producers with iron ore, coal, manganese and chrome performing well. Unfortunately, the aggregated SA mining industry, […]
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected. This is according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank. The average growth rate in the region is estimated at 2.7 percent in 2018, […]
Criminal networks of poachers, suppliers, dealers, wholesalers, and consumers make up the multi-million dollar industry in live great apes, their bushmeat, and their body parts. However, investigators are missing intelligence and enforcement opportunities on these illicit financial flows, according to a study released today by Global Financial Integrity (GFI), a Washington, DC-based research and advisory […]