Tag: SMS

An in-depth look at the future of Africa’s energy mix, transition and investment amid COVID-19

The webinar will be guided by the question: Is Now the Time for Renewables? Speakers will include: Nelisiwe Magubane, Chairperson of Matleng Energy Solutions; Suzanne Jaworowski, Senior Advisor of Policy & Communications at the U.S. Department of Energy’s Office of Nuclear Energy and Massaer Cisse, General Manager of Lekela Power Senegal; The webinar will take place on Thursday, 28 May 2020 at 15:00 SAST. Registration is free. Click here to register (https://bit.ly/2Xw0IsI). The COVID

Home of Know Africa, Be Africa

Download logoThe spirit of Africa has lived through oral narratives for generations. Documentation of the continent through digital stories is a quest many lovers of Africa have been yearning for with little to celebrate about. About a month ago, Africa’s largest content house launched the first factual Video on Demand platform on the continent, www.Yebo.live. The aim was simple, to show case the side of the continent that A24 Media’s crews experience while on assignments, the fun

Global Finance names Ecobank Most Innovative Bank in Africa

Download logoGlobal Finance has named Ecobank (www.Ecobank.com) as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honoring entities that regularly identify new paths and design new tools in finance. Categories in the award include Top Innovations in Corporate Finance, Payments, Trade Finance, Cash Management, Islamic Finance, with Winners selected from different regions of the world. The classes of award compris

New research points toward an investment in VERY YOUNG entrepreneurs to unlock peer-to-peer driven employment growth

Investments in supporting successful transitions from school and university directly to entrepreneurship could unlock significant employment gains in Africa, this is according to a new research paper from the Anzisha Prize (www.AnzishaPrize.org) which has worked with very young African entrepreneurs for over a decade. To produce the report, the Anzisha Prize commissioned in-depth desk top reviews and new field research from leading academics as well as held workshops with key stakeholders across

Angola Exploration License Extensions Could Spur Oil Sector Recovery (By Grace Goodrich, Field Editor)

By Grace Goodrich, Field Editor Prior to the onset of COVID-19 and OPEC-led production cuts effective May 1, Angola was set to see a rise in production. In February, the country recorded a production level of 1.39 million barrels per day (bpd), up 15,000 bpd from January. Since the middle of 2019, several majors also extended existing block production licenses, reflecting an initial push to ramp up production. Aligned with the effort to yield new discoveries, Maersk Drilling was awarded contr

The African Development Bank: Tolling Bells for Humanity

By Cesar A. MBA ABOGO, Minister of Finance, Economy and Planning, Equatorial Guinea  COVID-19 is severely testing Africa's social, economic and political resilience. While it is true that our countries are taking bold actions to slow down and contain the spread of the virus, it is also undeniable that recession looms in our continent.  The Central African sub region is one of the areas most exposed to an economic recession. We face a double danger. On the one hand, we ar

Centurion Plus launches a full-suite Tax and Investment Service for Africa

While many African governments and private businesses will have to grapple with the paucity of funds and other Post-COVID-19 issues, the resurgence of a thriving private sector will be the shot-in-the-arm for a new solid African economy to emerge. It has become clear that Africa must depend more on itself to unlock its potentials and to thrive as an economic bloc. We know that the ability of the private sector (both local and international) to prospect on a regional and Africa-wide basis mus

Mauritius: African Development Bank lends €188 million for COVID-19 fight

Download logoThe African Development Bank (www.AfDB.org) has approved a €188 mllion euro loan to the Republic of Mauritius to finance a national budget support programme to respond to the COVID-19 pandemic, the Group’s Board of Directors said Friday. The main aim of the Covid-19 Rapid Response Facility (CRF), established by the Mauritian Government, is to support the national response fighting the ongoing outbreak, and to mitigate the adverse economic and social effects of the dise
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