Africa

  • In Africa, a staggering 1.2 billion people lack access to clean cooking facilities.
  • Lack of clean cooking facilities is one of the main causes of deforestation in Africa.
  • AfDB funding is a major step along the road to saving the lives of 600,000 mainly women and children each year.

The African Development Bank Group (AfDB) has pledged $2 billion over the next decade towards clean cooking initiatives in Africa, marking a huge stride in the effort to save the lives of 600,000 people, predominantly women and children, each year. This commitment aims to address the health hazards associated with traditional cooking methods that rely on charcoal, wood, and biomass, which contribute to severe respiratory illnesses and environmental degradation.

At a summit on Clean Cooking in Africa, held in Paris, AfDB President Dr. Akinwumi Adesina announced that the Bank would allocate 20 per cent of its energy project financing to promoting …

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  • Across Africa, gender inequality in marriage, divorce, custody, and property rights is perpetuated by sex discrimination embedded in both legal systems and customary laws.
  • Discriminatory family laws have profound impacts, increasing the risk of sexual and gender-based violence for women and girls.
  • Laws in Cameroon, Nigeria, Senegal, South Sudan, Sudan, and Tanzania still allow child marriage.

Discrimination against women and girls remains widespread in family laws across Africa, according to new research by Equality Now. An analysis of 20 African countries reveals that gender inequality in marriage, divorce, custody, and property rights is perpetuated by sex discrimination embedded in both legal systems and customary laws. Despite some significant legal reforms, progress has been slow, inconsistent, and hindered by setbacks, lack of political will, and weak implementation.

The report, “Gender Inequality in Family Laws in Africa: An Overview of Key Trends in Select Countries,” highlights how overlapping and …

  • Kenya’s Green Jobs Potential will be key in  preserving the country’s natural heritage and combating the challenges posed by climate change.
  • PS Labour and Skills Development Shadrack Mwadime warned that the transition to green economy has far reaching implications for the world of work
  • Green jobs are becoming a crucial driver of sustainable development in Kenya,

Stakeholders in the environment conservation sectors are deliberating on ways to unlock Kenya’s potential as a global hub for digital work and green jobs. The government, jointly with Jacob’s Ladder Africa, International Labour Organisation, United Nations Environment Programme and United Nations Children’s Fund, are in talks in Nairobi to align government priorities with the demands of the green job market.

Kenya National Green Jobs and Skills Development Workshop, brings together stakeholders from government, academia, private sector, finance, and youth-led groups to address the critical need for green jobs and skills development in …

Africa is also moving to mechanize agriculture offering another avenue for heavy investment for technology-rich UAE. Investing in mechanizing Africa’s farms also goes to investing in the world’s food security and alleviating poverty, all of which are priority UN Sustainable Development Goals (SDGs). 

Then you have the energy and mineral sectors; Africa, and in particular East Africa, has been the site for the world’s most recent offshore oil and gas discoveries. The potential is immense; however, here we must point out the equally lucrative and much more sustainable opportunity to invest in renewable energy. Africa offers vast expanses of huge wind and solar potential that can be harnessed to power the continent and beyond. …

tech3Long gone are the days you hear of Africa and envision mud huts and malnourished babies.  Well, maybe long-gone is an over-statement because these unfathomable pasts are buried in very shallow time graves and ever threatening to re-emerge and haunt the continent again.

It is for this very reason that Africa, and its trade and development partners must harness the continent’s technology potential and put innovation at the forefront of every nation’s development agenda.

Why? For Africa, it is how the continent will keep those shallow graves buried and build a bright, healthy future and for the world—well, Africa is the market of the future. Just to bring this market into perspective – as of January 2021, in the heat of the global pandemic, African tech business enterprises have raised US$940 million, making the continent the strongest market for technology worldwide.

Impressive, right? While many on the continent may still …

 

Indeed, African governments are reaping a plethora of benefits from the inclusion by international financial markets to broaden the scope of their funding sources, swiftly abandoning foreign aid and traditional multilateral institutions.  

International financial markets have opened a window thereby providing a suitable platform for African governments to borrow, chiefly for capital spending through Eurobonds issuance. However, this opportunity has been watered down by overexploitation through excessive borrowing. Consequently, debt has been accumulating devoid of a meticulous assessment of risks posed and the consequences thereof, such as exchange rates and the real repayment costs for the piling debt.  

The International Monetary Fund (IMF) has pinpointed a total of 17 African countries, with outstanding Eurobonds as near or under debt distress. African governments have been borrowing through issuing Eurobonds which are international bonds supplied by a country in a foreign currency, commonly in US dollars and euros which allows them

The Dubai Chamber of Commerce and Industry has been instrumental in enabling Dubai’s business sector to move forward, despite the global pandemic. As trade, tourism and innovation play an integral role in Dubai’s position as a global hub for commerce and industrialization, it is important to note that the Dubai Chamber of Commerce and Industry has been a vital component in the success of the Emirate. Today, as Dubai has embarked on hosting the World Expo 2020, the leadership is looking at matters associated to sustainability and innovation as key aspects to drive change. 

It is through this vision that the Dubai Chamber of Commerce and Industry is operating. To build bridges with markets that bode mutual benefits and respective comparative advantages to enable greater trade and business opportunities.

Through events such as the Global Business Forum Africa 2021, the Dubai Chamber of Commerce and Industry is building the “Dubai-Africa

  • Benefits of the agreement include strategic positioning in global aviation and diversification of earning streams
  • The Kenyan carrier said it remains committed to its financial turnaround strategy
  • The deal comes at a time when SAA has just resumed operations after an 18 month hiatus

Kenya’s national carrier Kenya Airways (KQ) and South Africa Airways (SAA) have entered a memorandum of cooperation with a longer-term view to co-starting a Pan-African Airline Group that in time will enhance mutual growth potential between the two carriers.

In a statement, KQ said the cooperation aligns with core purpose of ‘Contributing to the sustainable development of Africa’.

The airline added that the agreement would be based on mutual benefits, including strategic positioning in global aviation, diversifying earning streams, and reinforcing regional partnership in Africa through diplomatic and commercial relations.

These benefits are expected to translate into an increase in passenger traffic, cargo opportunities, and general …

The Africa Centres for Disease Control and Prevention, Africa CDC, has issued a statement on the recent international travel rules in the context of the COVID-19 pandemic.

The Specialised Technical Institution of the African Union, noted in a statement that the planned changes to international travel rules are discrminative.

The rules  were communicated by the Government of the United Kingdom (U.K), which will be enforced starting at 4:00 am on Monday 4th October 2021.

Also Read: Public, private sector investment needed for vaccine manufacturing: EAC

“With a full course of the Oxford/AstraZeneca, Pfizer BioNTech, Moderna or Janssen vaccines from a relevant public health body in Australia, Antigua and Barbuda, Barbados, Bahrain, Brunei, Canada, Dominica, Israel, Japan, Kuwait, Malaysia, New Zealand, Qatar, Saudi Arabia, Singapore, South Korea, Taiwan or the United Arab Emirates (UAE). Formulations of the 4 listed vaccines, such as AstraZeneca Covishield, AstraZeneca Vaxzevria and Moderna Takeda, qualify as …

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