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- Youth Unemployment in Kenya: The Role of Vocational Training
- New $900,000 initiative aims to boost sustainable trade in Tanzania
- Organization of the Petroleum Exporting Countries’ (OPEC) pride in its African roots
- AIM Global Foundation pushes for stronger Gulf-Africa trade partnerships
- Investment opportunities in South Sudan’s emerging gold industry
- Family planning drive in Kenya gets 450,000 self-injectable contraceptive doses from UK
- AfDB commits $2 billion to revolutionise clean cooking in Africa, save forests
- The harsh realities of family laws for African women revealed
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 …
- 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 …
- The telco sustained 190,273 direct and indirect jobs during the year
- Safaricom registered its first decline in full year profit in nine years, in the year ended March 2021
- The report seeks to illustrate how Safaricom is using a sustainable business model to address society’s needs
Safaricom’s latest sustainable business report indicates that the company created a total value of Sh664 billion for the Kenyan society in the 2020/2021 financial year, which is ten times greater than the profit made during the year.
According to the report’s ‘True Earnings’ highlights, the firm contributed Sh557.1 billion to the economy in the financial year, which is 5.2% of Kenya’s Gross Domestic Product (GDP).
The independent analysis of Safaricom’s true value to society identifies the socio-economic and environmental impacts of the company and quantifies them in financial terms.
“Our Sustainable Business report, which covers our last fiscal year from 1st April 2020 to …
Special Drawing Rights (SDRs) are a reserve asset created by the International Monetary Fund (IMF) to supplement its member countries’ reserves.
According to the IMF’s website, a total equal to US$943 billion in SDRs has been allocated to date from the time they were created in 1969. This figure is inclusive of the SDR456 billion approved on the 2nd of August 2021. This most recent allocation was made necessary by the need to help countries around the world to cope with the effects of the COVID-19 pandemic. The value of the SDR is based on a basket of five currencies which include: the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound. …
Suicide has become a major urgent public health crisis in the continent and has led to the premature death of especially productive youth in their prime—the future builders of the continent.
According to the World Health Organization (WHO), more than 700,000 persons die by suicide every year globally and it is the fourth leading cause of death among 15 to 29-year olds. From job losses, trauma, abuse, mental health disorders and barriers to accessing health care these are just but a few triggers to committing suicide by many millennials. …
- More than $73 million USD was diverted since 2018
- Illicit diversion of State resources has severely undermined the economic rights of citizens
- Oil industry is also dominated by unaccountable oil consortia
Leaders of South Sudan are diverting staggering amounts of money and other wealth from the country’s public coffers and resources, undermining human rights and endangering security.
This is according to the Commission on Human Rights in South Sudan which has found in its latest Conference Room more than $73 million USD was diverted since 2018, including transactions worth almost $39 million USD in a period of less than two months.
The Commission noted that this figure is only a fraction of the overall amount looted.
For instance, President Salva Kiir himself admitted as far back as 2012 that South Sudan’s ruling elites had diverted more than $4 billion USD.
The report also found that illicit diversion of State resources …
The AfCFTA is the largest trade agreement, by composition of countries enjoined, since the formation of the World Trade Organization. Currently, 54 out of the 55 African countries have signed the AfCFTA, with 41 having ratified it.
The agreement is set to ultimately open up the African market to trade freely, will boost intra-African trade and trigger structural transformation with the goal of reducing poverty.…
- The AfCFTA agreement will boost East Africa’s manufactured exports to the rest of Africa
- Textiles & clothing exports will increase by 100% under the agreement
- Experts have recommended the rolling out of private sector sensitization campaigns on the AfCFTA
East African Community (EAC) partner states have been urged to finalize and submit tariff offers under the African Continental Free Trade Area agreement (AfCFTA) to enable the bloc to tap into the 1.3 billion continental markets with a Gross Domestic Product of USD 3 trillion.
In a statement, the East African Business Council Vice Chairman Denis said the AfCFTA is set to boost East Africa’s manufactured exports to the rest of Africa.
In particular, textiles & clothing exports will increase by 100%, heavy manufacturing by 63%, light manufacturing by 61%, processed food by 54% while livestock & meat products by 39%.
Karera said that the political will to duly implement the …
