Written by 

Founder and Managing editor of The Africa Global Village

Africa Business Southern Africa Technology World 

Cape Town’s booming tech industry

– – Cape Town, the tech hub of Africa, is full of entrepreneurs, new technologies, and start-ups from many different industries. It is very easy to start up a tech company in this city because of the combination of government and business collaboration, a strong infrastructure, a supportive community and the city’s excellent location. There are currently 22 entrepreneurs incubators… Read More
Africa Business Nigeria News and Headlines West Africa World 

Nigeria releases new bank notes into circulation

– – Nigeria has released its new currency into circulation in the first such redesign in 20 years. It is expected to address insecurity, tackle counterfeiting and force excess cash back into the banking system, the government said. Nigeria’s central bank had said more than 80% of the money in circulation was being hoarded by individuals. It has urged people… Read More
Africa Business Ghana West Africa World 

Ghana cedi makes extraordinary gain in months

– – Ghana’s local currency the cedi has gained more than 12% against the US Dollar to hit its strongest level in two and a half months. This was after the country reached a staff-level agreement over $3 billion with the International Monetary Fund. The currency strengthened to 9.5 to the dollar in a fourth straight session of gains, though… Read More
Africa World 

US President Biden says US is ‘all in’ on Africa’s future

– – US President Joe Biden has said Africans can count on the United States as he delivered a speech at the Business Forum at this year’s US-Africa leaders summit in Washington DC. “The United States is all in on Africa’s future,” President Biden told the 49 African leaders attending the summit. This is the first time such a summit… Read More
Africa Investments 

Rwanda: In Kigali, World Circular Economy Forum paves the way for African leadership toward a circular future

Over 2000 delegates, including Africans from across the continent, attended the World Circular Economy Forum 2022 in Kigali, Rwanda held from 6-8 December. The event positioned Africa as a potential global leader in driving adoption of the circular economy paradigm owing to its youthful population, immense resources and entrepreneurial dynamism. It also showcased circular solutions from Africa and the global… Read More
Africa Investments 

New report shows need for greater action if Africa is to hit SDG, Agenda 2063 targets

The coronavirus pandemic, the war in Ukraine, and climate change have all hampered Africa’s progress toward meeting the Sustainable Development Goals (SDGs). With 2030 less than 8 years away, most African countries are struggling to meet the SDG targets. Without renewed efforts, nearly 492 million Africans will be left in extreme poverty with at least 350 million still in that… Read More
Africa Investments 

Desert to Power: Ministers meeting in Nouakchott commit to strengthening public-private partnerships

The third ministerial meeting of the 5 Sahel countries of the Desert to Power initiative has taken place under the theme “Strengthening Public-Private Partnerships in the implementation of the Desert to Power Initiative.” Representatives of Burkina Faso, Chad, Mali, Mauritania and Niger attended the meeting held on 8 December 2022 in the Mauritanian capital. The African Development Bank Group, in collaboration… Read More
Africa Investments 

Policy Dialogue: the Equitable Framework and Finance for Extractive-Based Countries in Transition

What:      Policy Dialogue on Natural Resource-based Development focusing on the Equitable Framework and Finance for Extractive-Based Countries in Transition (EFFECT) tool Who:        The Africa Natural Resources Management and Investment Centre of the African Development Bank and the OECD Development Centre Where:     Virtual (click here to register) When:      15-16 December 2022 The Africa Natural Resources Management and Investment… Read More
Africa Investments 

CBD COP15: New African Development Bank, WWF study calls for urgent attention and increased investment in Africa’s biodiversity

The  African  Development  Bank and the Worldwide Fund for Nature (WWF), have launched a regional report on the performance of African countries under the Strategic Plan for Biodiversity 2011-2020. The report highlights the important role that multilateral development banks can play in meeting biodiversity targets by providing advisory services, capacity building, market research, and linkages with other relevant partners. The… Read More
Africa Central Africa World 

Floods in Congo’s capital Kinshasa kill at least 120

– – At least 120 people have been killed in the Democratic Republic of Congo’s capital Kinshasa following heavy rains. The toll may rise, according to Health minister Jean-Jacques Mbungani Mbanda who is quoted by Reuters as saying that 141 dead had ben counted. That number though is now needed to be cross-checked with other departments before further announcement. The… Read More
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