Launch of the 12th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM)

Over 11 previous editions, it has awarded around €555,000 to African business projects with positive social and environmental impacts in various sectors March 28 marks the opening of the 12th Orange Social Venture Prize in Africa and the Middle East. Candidates can submit their applications until May 27 on the website https://POESAM.Orange.com . POESAM was launched in 2011. Over 11 previous editions, it has…

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Clean energy is Africa’s chance for climate resilient development

As the sunny continent looks for power, renewables are a clear winner Africa has sunshine all year round –  with 7 of the 10 sunniest countries worldwide.  The region has great potential for renewable energy, but requires international support to unlock it. A funding deal announced at last year’s UN COP26 climate summit between South Africa and the United States, Britain,…

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DANGOTE FERTILIZER AND THE IMPACT ON AFRICAN BUSINESS PSYCHE

600 years after an African made international headlines in business nothing has been arousing in indigenous African business circles worth catching the attention of business big shots. Mansa Musa’s business heroics caught the attention of the world with his $400b gold fortune and made him the talk of the world in the 14th century. Indeed in a business environment…

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Technical, vocational programs benefit Africa

Education and development are inextricably linked. “Education is the most powerful weapon which you can use to change the world,” noted Nelson Mandela. Where there is no education, there is no development. Inversely, where there is no development, there is no education. In its reports, the World Economic Forum has observed that “obtaining a quality education is the foundation…

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Shunned by Others, Russia Finds Friends in Africa

Africa’s largest arms dealer, Russia has ties to the continent that stretch back to the Cold War and helped Mr. Putin win rare support over the invasion of Ukraine. NAIROBI, Kenya — Since the days of Nelson Mandela, South Africa’s leaders have rejected American criticism of their friendships with autocrats like Fidel Castro of Cuba and Muammar al-Qaddafi of Libya, whose…

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Shunned by Others, Russia Finds Friends in Africa

Africa’s largest arms dealer, Russia has ties to the continent that stretch back to the Cold War and helped Mr. Putin win rare support over the invasion of Ukraine. NAIROBI, Kenya — Since the days of Nelson Mandela, South Africa’s leaders have rejected American criticism of their friendships with autocrats like Fidel Castro of Cuba and Muammar al-Qaddafi of Libya, whose…

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Spotlight on climate change in Africa Inbox

NAIROBI, (CAJ News) – STAKEHOLDERS are exploring strategies to improve Africa’s readiness to confront climate and environmental shocks. To enhance the continent’s preparedness, the African Economic Research Consortium (AERC) will host its 24th annual Senior Policy Seminar this week. Themed “Climate Change and Economic Development in Africa”, the virtual forum will focus on policy proposals that can be adopted to shape…

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Google, 2 Others To Train 1,000 Business Owners

Africa’s leading e-commerce builder, StartWeb, has partnered with Haptics Academy, a training and technology solutions organisation and a ‘Grow with Google partner, to facilitate a free training program specifically designed for African entrepreneurs and small business owners. A statement by IDAfrica said the goal is to tutor over 1,000 business owners to expand their operations and upgrade their skills…

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The Truths about Forex Trading

Summary The knowledge and understanding of the technical intrigues of the market is not one a neophyte can master on a weekend or a short course. The popularity of the international forex market has made it the largest financial market in the world. According to a 2019 BIS report, the daily volume of forex traded amounts to $6.6 trillion….

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Cautious hope as forecast shows good rainy season across East Africa

Summary Central and northern Tanzania, eastern Uganda, northern Burundi, eastern Rwanda, southern and western Kenya, and eastern South Sudan might receive above normal rains this time of the year which might result in flash floods and increased mosquito populations. The EAC Secretariat has urged partner states to take appropriate steps to ensure maximum benefit from farming as the region…

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