Thursday, April 25

Africa’s Development

Plastic pollution. Recycling funding does more to address the challenge. www.theexchange.africa
  • Leaders are meeting in Nairobi for the Eastern Africa ‘Waste is Wealth’ conference.
  • The inaugural Waste is Wealth Series is organised by Taka Ni Mali, East African Business Council, and Alliance for Science.
  • The three-day conference is themed: Promoting Effective Waste Management Practices for Environmental Conservation and Climate Change Mitigation.

The concept of a circular economy is fast gaining momentum in East Africa with both the private sector and government’s stuck on the drawing board shaping policies and regulations to help realise the shift.

World business leaders, policy makers, academics and NGOs have argued that a move towards a more circular economy is necessary to help solve global environmental and economic challenges.

Moving towards a more circular economy could increase competitiveness, and stimulate innovation. It will also boost economic growth and create jobs across economies.

Waste is Wealth

It is against this background that leaders are meeting in Nairobi for …

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Railways 1
  • Project Management Institute’s recent Talent Gap report shows 2.3 million people will be needed each year to fill all project management-oriented (PMO) positions that are expected to open by 2030.
  • To remain competitive, companies will need to hire problem solvers and relationship builders who can help drive change and deliver strategic value.
  • During this decade, sub-Saharan Africa will witness a 40 percent growth in PMO employment opportunities.

African economies could be headed to a severe shortage of skilled project managers to implement critical infrastructure investments across the continent.

According to Project Management Institute’s most recent Talent Gap report, 2.3 million people will be needed each year to fill all project management-oriented (PMO) positions expected to open by 2030.

To remain competitive, companies will need to hire problem solvers and relationship builders who can help drive change and deliver strategic value.

During this decade, sub-Saharan Africa will witness a 40 percent …

Vodafone-Group
  • Vodafone Group developed a business tailor-made to deal with Africa’s rising digital economy
  • Etisalat, Vodafone’s largest shareholder, is currently exploring options for investment in Vodacom Africa.
  • A decision to divest assets in a specific market or sell a stake in Vodacom Africa to fund new projects is also on the table

Vodafone Group is mulling strategies of extracting more value from its 65% stake in Vodacom Africa. According to Bloomberg, the telco is working with several advisers to evaluate the various strategic options available including mergers and acquisitions. A decision to divest assets in a specific market or sell a stake in Vodacom Africa to fund new projects is also on the table With the recent decline in Vodacom Africa and its market value in Safaricom, the organization is considering other alternatives.

This new take is crucial given that Vodafone has acquired new interested investors. Liberty Global, Xavier Niel,

A woman and her child fetching water from a swamp in Kikomera Biri village in Uganda. Communities have to also play a role in ensuring that their water rights are addressed. www.theexchange.africa

Water-borne illnesses are often spread through contaminated drinking water systems. Most of the contaminants are faeces and urine of sick people and animals. Another contaminant is runoff from garbage sites, landfills, sewer pipes, septic systems and industrial and residential developments.
To fight the spread of water-borne diseases in Africa, all stakeholders have to institute better sanitation measures and provide drinking water, washing and bathing facilities that promote improved hygiene. Also, water should be kept separate from waste.
In addition, extensive education programmes could help ensure that residents are aware of the proper hygiene techniques to keep their water supplies safe.…

www.theexchange.africa
  • The multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho.
  • The Lesotho Highland Development Authority will implement the part of the project that falls within Lesotho’s borders.

The board of directors of the African Development Bank Group has approved a loan of $86.72 million to co-finance the second phase of the Lesotho Highlands Water Project.

In a statement, AfDB said the multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho.

The project entails harnessing the waters of the Senqu/Orange River in the Lesotho highlands by constructing a series of dams for the mutual benefit of the two countries.

The Trans-Caledon Tunnel Authority, a state-owned entity in South Africa charged with financing and implementing bulk raw water infrastructure projects, will use the funds to construct the Polihali Dam and reservoir, a 38 kilometer-long water transfer …

www.theexchange.africa

Immediate action is needed to respond to the severe drought that is ravaging communities in Kenya’s dry regions – categorized as Arid and Semi-Arid Lands (ASAL).

This is according to the UN’s humanitarian affairs office (OCHA) which said that two and half million people are already experiencing deep food insecurity after two back-to-back rainy seasons failed.

By November, it will have nearly tripled since the same time last year, the organization warned.

“People in the ASAL region are facing a dire situation”, said Stephen Jackson, UN Resident Coordinator for Kenya, as he launched the humanitarian Flash Appeal for the Kenya Drought response.

Speaking from Nairobi Jackson said people in Wajir, Northern Kenya, had not seen rain for over a year. Acute malnutrition rates are rising rapidly, posing an imminent risk to children and pregnant and lactating women.

Lives ‘upended’ 

He described how a mother at the El-Nur Clinic supported by …

COVID23

This amount of vaccines may sound considerably large but in reality its not, its actually  only enough to vaccinate a mere 17 per cent of the population and that is way below the intended global year-end target of vaccinating 40 per cent of Africa’s population.

As such, this shortfall in vaccine doses is worsened by the misconceptions that are keeping the public from usurping even the few doses that have made it into the continent. Falling short of explaining why, the World Health Organization (WHO) warns that the COVAX facility has been forced to reduce the amount of planned vaccine deliveries to Africa.

According to the WHO, some 150 million vaccines that were intended for delivery to Africa this year will not make it. As a result, the continent is facing a shortage of more than 500 million doses.…

The full blossom of the African girl child still has miles to go, with many girls still bearing the brunt of a string of heartbreaking complex misfortunes marauding the continent of untapped potential which can otherwise be harnessed to foster growth and development in diverse fields.  

Africa is renowned as home to some of the world’s fastest-growing economies and offers exciting frontiers for businesses looking for growth and new markets. However, gender inequality holds captive this massive potential.

According to McKinsey Global Institute, if Africa steps up its efforts now to close gender gaps, it can secure a substantial growth dividend in the process thereby accelerating progress toward parity which could boost African economies by the equivalent of 10% of their collective GDP by 2025.  Due to the failure to embrace gender diversity, millions of girls, women, and Africa’s overall social and economic progress will not reach its full potential.

www.theexchange.africa

Uganda’s Minister of Energy and Mineral Development, Ruth Nankabirwa, urged the project beneficiaries to take advantage of the government’s free electricity supply policy it rolled out in 2018, provided wiring of their premises had been certified.

The Bank’s Country Manager, Augustine Kpehe Ngafuan, noted that besides promoting small and medium businesses, the availability of stable power would bolster service delivery, especially at health centres.…

LB Investment
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