Sunday, September 8

Africa

Africa-Indonesia investment cooperation
  • Second Indonesia-Africa Forum (IAF) underway in Bali, Indonesia, almost clashing with the Forum on China–Africa Cooperation.
  • Zanzibar President Mwinyi woos Indonesia investors to Zanzibar as he eyes a pie of the $3.5Bn in investment deals.
  • The forum has, however, attracted far fewer participants from Africa compared to the 2018 meeting.

The Africa-Indonesia Investment Forum 2024 which is currently underway in Bali, Indonesia, is expected to generate a whopping $3.5 billion worth of investments. In attendance is the Zanzibar President and Chairman of the Revolutionary Council, Dr Hussein Mwinyi. President Mwinyi is representing the Tanzanian Union President Dr Samia Suluhu Hassan and is in the company of several other African Heads of State.

Present at this Second Indonesia-Africa Forum (IAF), include presidents from Zimbabwe, Rwanda, Ghana and Liberia among others. This High-Level Forum on Multi-Stakeholder Partnerships (HLF MSP) is been held concurrently with the IAF and has attracted well over 855 …

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Climate finance COP29
  • Ahead of COP29, Africa’s climate finance strategy is based in three core pillars: scaling up adaptation funding, boosting mitigation efforts, and improving access to carbon markets.
  • Without financial support, Africa could experience an annual loss of 5% of its GDP by 2040 due to adverse weather.
  • While the stakes are high, populations across the continent will be watching to see how global powers will answer Africa’s plea.

As leaders from across the world ready to gather in Baku, Azerbaijan, for the 29th United Nations Climate Change Conference (COP29), Africa is rallying for a spirited push to secure climate finance deals at scale.

This agenda was unveiled at the 12th Conference on Climate Change and Development in Africa, hosted by Ivory Coast in Abidjan. This meeting was held on the sidelines of the 1oth Special Session of the African Ministerial Conference on the Environment (AMCEN).

Bringing together stakeholders such as …

Beijing Summit
  • Leaders of Africa’s big economies such as South Africa and Kenya are in Beijing seeking loans for big infrastructure projects.
  • Kenya, for instance, is eager to secure additional financing to complete stalled BRI projects.
  • In return, analysts say China is keen on creating avenues for accessing minerals and market opportunities for their finished products.

This week, the city of Beijing will be hosting a gathering that could shape the future of Africa’s economic landscape for years to come. The Forum on China-Africa Cooperation (FOCAC) is set to welcome a delegation of African leaders eager to secure substantial financing for key infrastructure projects back home.

Amidst intensifying global competition and shifting economic dynamics, this year’s China-Africa summit promises high-stakes discussions.

The Beijing Summit comes at a critical moment not only for Africa but also for China and the broader international community. Over the past decade, China has solidified its position as …

Family laws African women
  • 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
  • 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 …

online child exploitation
  • About a fifth of children under 17 have received unsolicited online requests to discuss sex or sexual acts.
  • Up to a third of children aged 12-17 in Ethiopia and Mozambique are sharing personal information with strangers online.
  • An estimated 13 per cent of 12-17-year-olds in Kenya and Mozambique reported being threatened or blackmailed to engage in sexual activities online.
  • A third of 9-17-year-olds in South Africa and over a quarter of 12-17-year-olds in Mozambique went on to have face-to-face meetings with individuals they initially met online.

Fresh reports from two of Africa’s leading child rights groups have uncovered a shocking rise in online child sexual exploitation and abuse across the continent. The African Child Policy Forum (ACPF) and ChildFund’s investigations reveal a deeply troubling trend, with children increasingly becoming victims of online predators.

These findings underscore an urgent need for robust measures to combat this growing menace and …

Single Window System
  • Africa is experiencing growth in the export of goods and services and its economics outline promising opportunities for further growth.
  • As trade volumes continue to rise and digitalization shapes e-commerce, customs, port, and border administrations must adapt quickly to ensure smooth clearance processes, accurate tracking, regulatory compliance, and timely delivery.

In today’s fast-paced world of trade, the demand for efficiency and transparency has never been more pronounced. Digitalization and cutting-edge technologies have continued to streamline trade processes fostering a more efficient trading ecosystem.

Annually, the European Commission’s Customs Union manages a staggering €3.5 trillion in goods trade, highlighting how vital it is to have smooth customs and clearance control checks. In the past decade, Africa has experienced growth in the export of goods and services and its economics outline promising opportunities for further growth aimed at facilitation and integration.

As trade volumes continue to rise and digitalization shapes e-commerce, customs, …

Engineering innovation
  • Four innovators from Kenya, Côte d’Ivoire, and Uganda, selected from a shortlist of 16, vie for the £50,000 (over $62,000) Africa Prize.
  • Their innovations encompass recycling in construction, AI tools for healthcare and farming, and reengineered waste collection, addressing crucial societal needs.
  • The three runners-up will each receive £15,000 (over $18,000), while a £5,000 (over $6,000) prize titled ‘One to Watch’ will be awarded to the most promising business among the shortlist.
  • Since 2014, the Africa Prize has empowered nearly 150 entrepreneurs across 23 African countries, creating over 28,000 jobs and positively impacting more than 10 million people with their innovative products and services.

The Royal Academy of Engineering is set to host the final showdown of the 10th Africa Prize for Engineering Innovation, the continent’s premier engineering accolade, on June 13, 2024, in Nairobi, Kenya. Out of an initial pool of 16 visionary innovators crafting sustainable, scalable engineering solutions …

startup evolution in Africa
  • “Africa is like China 20 years ago, you see where China is now, so Africa is moving there,” Nael Hailemariam, Founder/CEO Chapa tells global leaders, and investors at AIM Congress 2024.
  • Africa’s startup evolution is on, fueled by innovation and a youthful demographic dividend.
  • This comparison of Africa to China’s meteoric rise serves as a compelling narrative for investors seeking untapped markets brimming with promise.

A panel discussion titled “The New Geographical Focus of Startups: Spreading Digital Innovation to Africa and Other Places” at the ongoing AIM Congress 2024 in Abu Dhabi has shed light on the startup evolution unfolding across Africa.

Expert speakers lifted the lid on the continent’s burgeoning potential, citing untapped opportunities that are ripe for investment. Nael Hailemariam, CEO/Cofounder of online payment gateway Chapa, captured Africa’s momentum, likening it to China’s trajectory two decades ago. “Africa is like China 20 years ago, you see where …

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