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- From safari icons to status symbols: The dual fate of Tanzania’s black rhinos
- Tanzania taps $149 million IMF loan for budgetary support
- Africa poised for fastest growth in $8 trillion cooling systems market
- Rwanda-based Bboxx eyes generating $100M worth of carbon credits in Africa
- Telemedicine Services in Murang’a County: Kenya’s technological Initiative to Decentralize Healthcare
- The bitter pill of cocoa’s value chain in Ghana and Ivory Coast
- Rwanda, Kenya, and Guinea: Is Africa’s plastic-free revolution taking shape?
- Africa’s AI revolution: Navigating opportunities, risks, and security concerns
Africa
- The market for sustainable cooling systems in developing economies is set to hit $600 billion by 2050. Research shows that sustainable cooling systems can cut cooling-related emissions by almost 50%.
- They can also help lower electricity bills, reduce equipment costs, and power sector investments by $8 trillion by 2050.
- Unlocking finance, in particular private finance, is essential to support the transition to sustainable cooling across developing economies.
Economies in Africa are projected to experience the fastest growth in cooling systems, a new survey by the International Finance Corporation and the UN Environment Programme (UNEP)-led Cool Coalition shows.
Globally, Africa is poised to see her cooling systems industry expand by a factor of seven closely followed by countries in South Asia which will see this market segment quadruple.
“The sustainable cooling market represents at least a 600-billion-dollar opportunity for the private sector, …
- Innovation is the route to business, company, industry and national success story.
- To realize this success, however, governments must create policies that encourage and support innovation at scale.
- For Africa, the jury is still out on the role of governments in driving innovation.
From the developed to emerging to the underdeveloped economies, one thing that policymakers agree is that innovation drives industrial and therefore national progress. It creates opportunity for individuals and investors, grows businesses, and powers a nation’s development agenda. For these reasons, policymakers are advised to place emphasis on innovation.
Matt Banholzer, an economics researcher and author of How innovation can accelerate industry momentum report explains that while macroeconomics concept of development correctly looks at the economy as a whole, policymakers must not be naïve to think policies of the ‘whole’ will foster development of the individual and vice vasa.
The researcher is of the view that policymakers, …
The rhino horn has become “gold” as it is rumoured to have medicinal properties. The horn is also used as a status symbol to show success and wealth in some African and Asian countries.
Rhino horns are used to reduce hangovers and high fever, detoxify the body, and as a form of beauty through jewellery making.
In 2020, the northern white rhino went extinct as the last remaining male died in Sudan and the two remaining females were too old to reproduce.…
Twitter founder Jack Dorsey appointed four Africans to sit on Btrust (Bitcoin Trust) board on December 15, 2021.
Btrust is an initiative co-founded by Jack and the United States singer, Jay-Z, to deploy 500 bitcoin to develop and foster the currency in Africa and India.
Ojoma Ochai, Obi Nwosu, Abubakar Nur Khalil and South African Carla Kirk- Cohen. There were 7,000 applications interested in the same positions. The application form for board members established a mission to “make bitcoin the internet’s currency.”…
The Aga Khan Hospital Dar es Salaam (AKH,D) performed its first Cochlear Implant Surgery on 24th January 2022. Young Danial, a 3-year-old boy has not heard sound all of his life. This procedure is a life-changing opportunity for the young boy and his parents.
A cochlear implant is an electronic device that enables individuals with profound hearing loss to hear through direct stimulation of the hearing nerve. As of now, hearing is the only sense that can be ‘restored’ in this way. According to the World Health Organization (WHO), an estimated 430 million people worldwide have disabling hearing loss, a number that is predicted to grow exponentially over time.
Hearing loss has a variety of causes, some can be prevented, and others can be treated. The severity of hearing loss also differs from one person to another.
Hearing loss in children results in delayed development of speech and language. …
Non-Fungible Tokens (NFTs) are the new opportunity for anyone with anything they can monetise and an access to the internet to reap the benefits of minting money on the World Wide Web.
NFTs are “One of a kind” digital assets that can be traded like any other piece of property, but NFTs do not exist in any tangible form. It is possible to think of virtual or real assets as tokens that may be exchanged for tokens.
Therefore, an NFT is a digital title for a piece of content that may be sold on auction sites but is non-returnable because it is unique and irreplaceable. Because of this, its value fluctuates and it is useless as a means of exchange. Cryptocurrency and blockchain are the foundations of NFTs.…
