DPO Group, the Leading African payment service provider, has announced the appointment of Lourens Brink as the Group Chief Financial Officer (CFO) effective August 1, 2018. Brink, who was serving as the Head of Finance for DPO PayGate South Africa, will bring 11 years of financial, strategic and operational experience to the DPO Group. He […]
Africa
African Development Bank President Adesina calls for technology transfer to farmers
The President of the African Development Bank Group, Akinwumi Adesina, has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural production. Adesina said the technology transfer was needed immediately and that evidence from countries like Nigeria demonstrated that technology plus strong government backing was already yielding […]
COMESA Region Can Reap US$17.5B by Implementing e-Trade Measures
The COMESA region would annually gain US$17.5 billion in intra-COMESA exports if all the member States fully implemented the digital trade facilitation reforms that involves the use of paperless trade facilitation measures. According to research findings presented to the 5th COMESA Annual Research Forum, five countries have the greatest intra-COMESA export trade potential for the […]
Will Djibouti Become Latest Country to Fall Into China’s Debt Trap?
Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year. It has borrowed more money from China than it can pay back. In both countries, the money went to infrastructure projects under the aegis of China’s Belt […]
Putting FDI on the World G20 Agenda
While much of the world’s attention is focused on the economic damage being wrought by US President Donald Trump’s trade wars, global trade’s twin – foreign direct investment – has largely been neglected. And yet, with FDI flows valued at $1.43 trillion in 2017 – on top of the $28 trillion already invested – how […]
Congo Ebola outbreak compounds already dire humanitarian crisis
A new Ebola outbreak in the conflict zone North Kivu, that already suffers from mass displacement, is a toxic cocktail that will exacerbate the virus and have fatal consequences. “This week’s declaration of a new Ebola outbreak in North Kivu couldn’t have hit at a worse time or place,” warned Dr. Ulrika Blom, Country Director […]
Antony Thompson new World Bank Country Manager, Uganda
Antony Thompson is the new World Bank Country Manager for Uganda. He succeeds Ms. Christina Malmberg Calvo. Under his leadership, the World Bank will continue supporting inclusive growth and poverty reduction through a wide array of financial products and technical assistance. The World Bank Group (WBG) Country Partnership Framework (CPF) for the period 2015/16 to […]
Tshabalala announced as Vice President for Finance African Development Bank
The African Development Bank Group has announced the appointment of Ms. Bajabulile “Swazi” Tshabalala as Vice President for Finance and Chief Finance Officer for the African Development Bank Group, effective from August 1, 2018. Tshabalala, a citizen of South Africa, is currently the Executive Director of Barbican Advisory Group, South Africa, where she is responsible […]
African researchers to converge in Nairobi for annual forum
Researchers from the African continent and beyond are set to congregate in Kenya from Monday next week for the 5th COMESA Annual Research Forum. The one week Forum will bring together representatives from the academia, the private sector, policy think tanks governments and development partners. Anchored on the theme: “Harnessing the Demographic Dividend for Social […]
Kigali to host African Master’s in Machine Intelligence course
The African Institute for Mathematical Sciences (AIMS) has announced the launch of a one-year intensive African Master’s in Machine Intelligence (AMMI) in partnership with Facebook and Google. The master’s will begin this September at the AIMS-Rwanda campus in Kigali. “Machine Intelligence (MI) is revolutionizing critical aspects of our lives. It enhances medical diagnosis, improves industrial […]
Discovery Channel Announces The Top 10 Finalists for 2018
The search for the winner of Discovery Channel’s second consecutive ‘Don’t Stop Wondering’ award category at the seventh annual Jozi Film Festival has begun! A Jury of Discovery Channel and Jozi Film Festival panelists have filtered through all the amazing entries received across Africa and have chosen the final top 10 films for 2018. From […]
The Western Illusion of Chinese Innovation
Over the past two decades, China has been achieving rapid technological progress, thanks in no small part to its massive investment in research and development, which totaled some 2.2% of its GDP last year. Yet China is nowhere near the technological frontier. In fact, the distance separating it from that frontier is far greater than […]
Harmonized Regulatory Frameworks Key to Vibrant Regional Energy Market
Inadequate regulatory environments and governance challenges facing the energy sector in the eastern and southern Africa region have undermined efforts to attract investment in the region. Assistant Secretary General in charge of programmes at COMESA, Dr Kipyego Cheluget told a meeting of communication experts and journalists that poor market governance and regulatory challenges continue to […]