Business and Finance

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Background

Africa

Africa: BRICS+ Could Shape a New World Order, but It Lacks Shared Values and a Unified Identity

[ad_1] The last two summits of Brics countries have raised questions about the coalition's identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia. At both events the alliance undertook to expand its membership. In 2023, the first five Brics members - Brazil, Russia, India, China and South Africa - invited Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates […]

todayOctober 30, 2024 2

Africa

Africa: Huawei Calls for High-Quality Microgrid to Light Up a Greener Africa

[ad_1] Huawei Digital Power sub-Saharan Africa is excited to announce the recent showcase of FusionSolar solutions at Nigeria Energy, that took place from October 15 to 17, 2024, in Lagos, Nigeria. This pivotal event brought together industry leaders, partners, and stakeholders to explore the future of solar energy and enhance collaboration in the photovoltaic energy sector. During the energy exhibition event, Mr. Xia Hesheng, President of Huawei Sub-Saharan Africa Digital Power Business, pointed out that "In the past two years, […]

todayOctober 30, 2024 2

Entertainment

Liberia: Lonestar Cell MTN Announces 2024 Liberian Music Awards

[ad_1] Monrovia — Liberia's leading mobile GSM company, Lonestar Cell MTN, announces nominees for the 2024 Edition of the MTN Liberian EMusic Awards (MLMA). The telecommunication provider said in a statement on Monday, October 28, 2024, that this year's event, with the theme "Timeless," celebrates the unstoppable growth and lasting impact of Liberian music on the global stage. Abigail Nufeatalai, Manager of Brand Communications at Lonestar Cell MTN, expresses pride in the company's 7-year partnership with the awards: "I can't […]

todayOctober 29, 2024 2

News

Nigeria: Sports Facility Expert, Ebi Egbe, Calls for Tax Incentives On Sports Infrastructure

[ad_1] Sports Facility Expert, Ebi Egbe, has advocated for tax incentives to companies that specialise in construction of sports infrastructure to attract more funding. Egbe who is the CEO of Monimichelle Sports Facilities Construction Limited, Nigeria's leading stadium turf expert, offered this as way out of the many poor sports infrastructures in the continent. Speaking at the two-day Africa Football Business Summit in Nairobi Kenya at the weekend, Egbe stressed that improving football infrastructure in Africa requires a multi-faceted approach […]

todayOctober 28, 2024 1

Africa

Africa: Slave Trade – Commonwealth Heads Agree On Reparations Dialogue

[ad_1] Commonwealth leaders have agreed that the time has come for a conversation about reparations for the slave trade, despite the UK's desire to keep the subject off the agenda at a two-day summit in Samoa. A document signed by 56 heads of government, including UK Prime Minister Sir Keir Starmer, acknowledged calls for discussions on reparatory justice for the abhorrent transatlantic slave trade. The statement said it was time for a "meaningful, truthful and respectful conversation". Sir Keir said […]

todayOctober 28, 2024 1

Africa

Africa: IMF Isn’t Doing Enough to Support Africa – Billions Could Be Made Available Through Special Drawing Rights

[ad_1] At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the International Monetary Fund's reserve asset. The special drawing right is an international reserve asset created by the IMF. It is not a currency--its value is based on a basket of five currencies, the biggest chunk of which is the US dollar, followed by the euro. It is a potential claim on the freely usable currencies of […]

todayOctober 28, 2024 1

Africa

Africa: Bioeconomy Offers Path to Mitigating Climate Change, Enhancing Food Production

[ad_1] Nairobi — Bioeconomy is the production, use, and conservation of biological resources to produce goods that sustain communities. A new report says the promotion of bioeconomy as a way to deal with climate change holds promise for rural areas in Africa and elsewhere. As the world grapples with how to cope with the effects of climate change on the environment, food production, and people's livelihoods, experts say the bioeconomy can offer solutions to those challenges and help achieve sustainable […]

todayOctober 28, 2024 3

News

South Africa: 10 Years Since Meyiwa’s Murder – South African News Briefs – October 25, 2024

[ad_1]   Justice for Senzo? Ten Years After His Death, South Africa Still Waits South Africa marks a decade since the tragic loss of its national soccer team captain, Senzo Meyiwa, a moment that shocked the country and its football fans alike, reports EWN. Meyiwa was fatally shot on October 26, 2014, at the home of his girlfriend, singer Kelly Khumalo, who the State alleges may have orchestrated the murder. It took six years to make arrests, and eight years […]

todayOctober 25, 2024 1

Africa

Africa: UK-Funded Unitaid Launches Initiative to Boost Medical Oxygen Access in Sub-Saharan Africa

[ad_1] Nairobi — This week, Unitaid, funded by the UK government, announced a significant US$22 million investment to support the establishment of Africa's first regional liquid oxygen manufacturing program, aimed at improving access to medical oxygen in sub-Saharan Africa. The initiative will focus on East and Southern Africa, with production facilities set to be established in Kenya and Tanzania. This pioneering program is designed to increase medical oxygen production in East Africa by 300% and reduce oxygen prices by up […]

todayOctober 25, 2024

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