Rwanda Reassures Tourists, Investors On Marburg Safety Measures

[ad_1] Rwanda Development Board (RDB) and the Ministry of Health have reaffirmed their commitment to ensuring the safety and security of tourists and investors in the country following the confirmation of the Marburg virus on September 27. In a statement shared on Thursday, October 3, on RDB's X platform, they emphasised that Rwanda remains open for business and outlined measures to protect Rwandans and visitors. The statement reassured the public that tourism in Rwanda remains safe, with the health and […]

October 4, 2024

Africa

African Startups Raise $306m in Third-Quarter As Downturn Persists

[ad_1] TLDR African tech startups secured $306.4 million in Q3 2024, totaling $836.5 million for the year with a 40% decline from 2023. Global capital shortage slows tech ecosystem funding, with Q1 & Q2 2024 witnessing a 50% drop compared to 2023. Notable funding from NALA, MNT-Halan, and Paymob hint at potential recovery as new funds emerge. African tech startups secured $306.4 million in funding during Q3 2024, bringing the total for the year so far to $836.5 million, a […]

October 4, 2024

News

Kenya: President Ruto Defends Planned JKIA Lease to Adani Group to Boost Tourism

[ad_1] Nairobi Kenya — President William Ruto has defended plans to lease Jomo Kenyatta International Airport (JKIA) to Indian company Adani Group for renovations and expansion, aiming to enhance Kenya's capacity to attract 5 million tourists by 2027. Speaking at the Magical Kenya Travel Expo 2024 at Uhuru Gardens in Nairobi, Ruto emphasized Kenya's position as a premier tourist destination, making the proposed airport revamp a top priority. "We want to have five million tourists, and that's why we need […]

October 2, 2024

News

Zimbabwe: ‘Zim a Destination for Sport Investment’

[ad_1] Eddie Chikamhi, Senior Sports Reporter PRESIDENT Mnangagwa says Zimbabwe continues to demonstrate its capacity as a destination for sport investment and business following the successful hosting of the second edition of the Zim Afro T10 tournament. The nine-day cricket tournament, which attracted players from around the globe, lived up to its billing, culminating in a thrilling final that was won by captain Sikandar Raza's Joburg Bangla Tigers last night when they edged Cape Town Samp Army by five runs. […]

October 2, 2024

News

Liberia: Agriculture, Roads, and Tourism Are Key to National Investment, Says Acting Finance Minister

[ad_1] Monrovia — Liberia's Acting Finance and Development Planning Minister, Anthony G. Myers, has identified agriculture, roads, and tourism as crucial sectors for national investment across the country. Acting Minister Myers made this statement during a brief ten-minute presentation at the ongoing National Investment Conference organized by Nova Africa Ventures, held at the Ellen Johnson Sirleaf Ministerial Complex in Oldest Congo Town, Paynesville. According to Myers, both private and public sector investors should consider economic specialization in activities that will […]

August 15, 2024

News

Nigeria: NFF Seeks More Corporate Funding of Football

[ad_1] The Nigeria Football Federation (NFF) has called on corporate organisations to increase support to the federation to help develop football in the country. The NFF President, Ibrahim Gusau made the call when MTN Nigeria hosted the Super Eagles on Tuesday in Abuja. The News Agency of Nigeria (NAN) reports that Super Eagles finished as runner up to the host country, Ivory Coast at the just concluded 2023 African Cup of Nations (AFCON) in Cote d'Ivoire. Gusau said without finance […]

February 14, 2024

News

South Africa: Draft Work Visa Regulations a Boon for Attracting Skills

[ad_1] South Africa's new draft work visa regulations are a milestone for the country's efforts to attract investment and promote job creation. This is according to President Cyril Ramaphosa who addressed the nation through his weekly newsletter on Monday. Last week, the Department of Home Affairs released the draft second amendment of the Immigration Regulations for public comment. The draft regulations deal with remote work and critical skills visas. "The publication of the new draft regulations are part of our […]

February 13, 2024

Africa

Africa: US Top Diplomat On Security, Peace, and Investment in Africa

[ad_1] Linda Thomas Green-Field, the United States Representative to the United Nations, led President Joe Biden's delegation to Liberia's fourth postwar inauguration. During her stay, she met with leaders including former President George Weah, Joseph Boakai, civil society organizations, youth organizations, and business executives to discuss the importance of combating corruption, promoting accountability, and promoting democracy. "The first president, President Sirleaf, served for two terms; President George Weah - an opposition candidate was elected, and he graciously accepted the results […]

February 4, 2024

Africa

Africa Caribbean SMEs Network and Investment Group (Acsmen)

[ad_1] Monrovia — The Africa Caribbean SMEs Network and Investment Group (ACSMEN) has announced its innovative approach towards employment, which aims at empowering Liberians and building a new generation of successful business owners. The organization is employing intrapreneurs who will drive innovation and creativity to inspire many young people towards self-sufficiency through knowledge and skills acquisition. With its African headquarters set to launch in Liberia by April 2024, ACSMEN is committed to making a positive impact on the country and […]

January 31, 2024

Investment