Year: 2020

Beneficiaries receive interest-free loans ranging between Kshs 100,000 (US$ 1000) to Kshs 1.5 million without any collateral.…

Kenya and the United Kingdom signed a new trade deal that guarantees duty-free access to the UK market for Kenyan exporters and vice versa.

The agreement will end the era of doing business through protocols of the European Union (EU)  from which London will be exiting by the end of December 2020.

The agreement was titled: The Economic Partnership Agreement between Kenya, a Member of the East African Community, of the one part and the United Kingdom of Great Britain and Northern Ireland, of the other part. It was signed by Kenya’s Trade and Industrialisation Cabinet Secretary, Betty Maina and UK’s International Trade Minister Ranil Jayawardena in London.

“I am delighted that today we have signed a trade agreement with Kenya. This deal makes sure businesses have the certainty they need to continue trading as they do now, supporting jobs and livelihoods in both our countries. Today’s agreement is also …

Africa’s share in the global US$3.4 trillion dollar e-commerce ecosystem is only 1.3 per cent with a big percentage of Africans having no access to the internet.…

A few years ago, Nigerian Jessica Mathews made headlines after she invented the energy harnessing soccer ball. The invention entailed soccer balls that harness the kinetic energy they gather when they are kicked around so that they can be used for lighting in the home.

This was an incredibly beneficial invention, given the challenges of electricity in most of Africa; 60 % of the population has no access to electricity. In several countries, those who do have access to electricity experience intermittent power cuts. Noisy and fume producing generators are widely used to power business and home lights. However, that is only for those with an advantage in terms of affluence. For those who do not have the same level of privilege, candles, or paraffin lamps akin to those used in 18th century Europe are still the primary source of lighting. 

Zimbabwe’s William Sachiti, the inventor of the driverless …

Diplomatic passport holders must obtain prior approval from Somalia’s foreign affairs ministry.…

Every year, the L’Oréal Foundation along with UNESCO short lists 20 out of more than 300 African women researchers for the academic excellence of their work. The women enter the Sub-Saharan Africa Young Talent Awards For Women in Science.

Coming from 16 countries, these 15 PhD students and 5 post-doctorates embody, through their backgrounds and research subjects, all the diversity and potential of tomorrow’s African science.

This year, Tanzania is on the short list with the youngest Laureate yet, meet 30 year old PhD holder, Neema Mbuma, winner of the 2020 Sub-Saharan Africa Young Talent Awards For Women in Science.

Please gives us a brief background of yourself. Where you were born, early schooling, family, hobbies.

Hello, my name is Neema Mduma, a lecturer at the Nelson Mandela African Institution of Science and Technology (NM-AIST) in Arusha, Tanzania. I hold a PhD in Information and Communication Sciences and …

The first-ever Mozambique Gas & Power 2021 Conference & Exhibition targets foreign direct investment inflows into the country’s bankable gas and power projects.   

Mozambique’s gas boom began almost 10 years ago, with one of the largest natural gas discoveries in the past decade that unlocked 85 trillion cubic feet (Tcf) in the northeast part of the country. With subsequent offshore discoveries potentially reaching 180 Tcf, Mozambique has lit up as an investment hotspot on the continent. Moreover, projected gas revenues for the government – valued at $95 billion over 25 years – offer the ability to cultivate long-term economic diversification, job creation, skills development and industrial growth. As the global energy community eagerly awaits first production from the deep-water Rovuma Basin in 2022, the country is set to welcome local and international investors to take part in a prosperous future ahead.

Under the administration of H.E. President Filipe Nyusi, Mozambique …

David Copperfield Net Worth

It is no magic trick when you can pull a billion dollars out of a hat, well the magician David Copperfield has done just that. Charles Dicken’s 1850 masterpiece has indeed come to life, only, instead of a poor orphan, we have a billionaire magician.

An illusionist with a net worth of $1 billion, David Copperfield is indeed the richest magician on the planet. Pocketing a sweet $60 million every year for his magic tricks, David Copperfield joined the world’s list of billionaires.

So wealthy is Mr David Copperfield that when Las Vegas shut down earlier this year owing to the Coronavirus, he did not lay off any staff and out of his own pocket, he continued to personally pay every one of his employee’s salary.

David Copperfield Net Worth

David Copperfield’s real estate portfolio alone is worth an incredible $300 million. The magician owns …

Analysts at the African Trade Insurance Agency (ATI) annual roundtable noted that Africa is expected to see a subdued economic recovery in 2021 and not likely to reach 2019 growth levels until 2022.

The ATI virtual discussion hosted Uganda, Ghana and Senegal, international financial partners and risk analysts to discuss the most urgent risks and mitigation solutions.

During the virtual meeting, ATI’s newly appointed Chief Executive Officer, Manuel Moses emphasized the importance of partnerships that will help African economies recover from the pandemic. He also said that ATI with the support of partners like the European Investment Bank and the African Development Bank, it plans to go through rapid membership expansions so as to lend more support to the most vulnerable economies.

One of the striking features of the impact of the pandemic that was revealed as a key factor that should guide the continent’s recovery is that the pandemic …

Why is Elizabeth Holmes the most talked about ex-billionaire? Well, I guess the question answers itself. Five years ago,  Elizabeth Holmes made it to the cover of Forbes, she was only 31 years old and worth $4.5 billion.

When you are in your early thirties and make almost $400,000 dollars annually and ranked one of America’s 50 richest people.

you invariably get famous, very famous. Invariably, you become even more famous or shall we say infamous, when you lose all that money.

But who is Elizabeth Holmes? The self-made billionaire, correction, the former millionaire is the CEO of Theranos, a company that in that year, 2015, was valued at $9 billion.

Elizabeth Holmes owned over 50% of the blood-testing organization. Only one year later, the feds crashed the company on fraud charges and with it, down crashed the CEO.

In 2016, Forbes reevaluated Elizabeth Holmes to be at a …