Mercedes-Benz aims to become a ‘dedicated pure-play luxury car company’ and will strategically target higher profitability by elevating its product portfolio and securing its place in the electric vehicle (EV) market. It’s a fascinating time for car manufacturers. With the global electric mobility movement well underway, the survival and success of any car brand will depend on its ability…
Dr Akinwumi Adesina President of the African Development bank (AfDB) group, says there is no need for Africa to beg other countries for food. He noted that there is no dignity for Africa, the continent known for its rich natural resources, youthful population and occupying about 20 percent of earth’s total land area to depend on others for food…
Dr Akinwumi Adesina President of the African Development bank (AfDB) group, says there is no need for Africa to beg other countries for food. He noted that there is no dignity for Africa, the continent known for its rich natural resources, youthful population and occupying about 20 percent of earth’s total land area to depend on others for food…
This is President Samia’s first official trip to West Africa since she was sworn in as president in March last year following the death of her predecessor John Pombe Magufuli. Her trip also comes as the continent discusses technology to boost energy investments and deal with the continual crisis of food shortage. The Bank’s theme this year is on…
This is President Samia’s first official trip to West Africa since she was sworn in as president in March last year following the death of her predecessor John Pombe Magufuli. Her trip also comes as the continent discusses technology to boost energy investments and deal with the continual crisis of food shortage. The Bank’s theme this year is on…
Banana production in Tanzania yesterday got a major boost following the release of a high yielding variety called Tariban. The hybrid in four strains – Tariban 1, Tariban 2, Tariban 3 and Tariban 4, can yield between 25 and 35 tonnes of bananas per hectare per year. The variety which has been developed after many years of research is…
The decision came as the continent, a net importer of food, faces rising prices of products after the main suppliers—Ukraine and Russia—went to war earlier this year, disrupting production and supply to the global market. According to the Bank, Africa’s demand for food means that the continent faces a shortage of up to 30 million metric tonnes this year,…
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least 30 million metric tonnes of food, especially wheat, maize,…
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least 30 million metric tonnes of food, especially wheat, maize,…
Mauritius, South Africa and Tunisia are Africa’s top three B2C E-commerce Markets . The two largest B2C e-commerce markets in the world, are China and the United States Mauritius remains by far the most prepared country for e-commerce in Sub-Saharan Africa, according to UNCTAD’s Business-to-Consumer (B2C) E-commerce Index 2020. The index scores 152 nations on their readiness for online shopping,…