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Africa’s Development
- 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 …
- 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 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,…
Africa’s blue economy has been hailed as the ‘new frontier of African renaissance’ due to the maritime industry’s huge economic potential across the continent. The significant economic opportunities in the blue economy on the continent include seabed mining, fisheries, oil drilling, trade, aquaculture and tourism whose potential can drastically transform Africa’s future.
The African Union (AU) highlights that thirty-eight of Africa’s 54 states are coastal, and maritime zones under Africa’s jurisdiction.…
Nature is in crisis, warns the Natural Resources Defense Council (NRDC) and as such, it calls on world leaders meeting for the Convention on Biological Diversity (CBD) virtual summit (May-June), to pass the 30×30 plan, i.e. to turn 30% of the Earth into protected areas.
Led by Tanzania’s Elizabeth Maruma Mrema, who serves as the Executive Secretary for the UN Biodiversity Convention, the CBD is of the view that the more land is set aside, the more the planet can revive itself.
Ongoing degradation of oceans, lands, and freshwater systems is destroying the planet’s ability to support life. It is so far reported that already up to a million species worldwide face extinction. …
While African countries have acted quickly to limit the spread of Covid-19, most of them are nevertheless confronting enormous challenges as they strive to keep the pandemic under control and mobilize the financial resources needed to support health systems, protect vulnerable population groups and support the recovery.
After a contraction of 3.4 per cent in 2020-the first in 27 years and the largest on record-Africa is projected to achieve a modest recovery, with regional GDP expanding by 3.4 per cent in 2021 and 3.6 per cent in 2022. …
Access to finance has been one of the many challenges that African start-ups have been grappling with.
Bantaba, a platform that enables Startups in Africa to access talent and capital from the diaspora community by creating a link between Diaspora and African Start-ups has moved to bridge this gap.
The platform which looks to help boost African businesses leveraging technology to address the continent’s various challenges (tech based businesses) – fintech, healthtech, ecommerce, logistics, software, agriculture to investors.
Also Read: East African businesses adopt digital solutions amid covid-19
“Entrepreneurs can access Bantaba’s services by signing-up to our platform. The sign-up can be done on our website: BANTABA. When registering, the Startups will be able to describe what problems they are solving, what impact their solution is having on the community and more importantly what their needs are in terms of talent and capital.” Said Co-Founder & CEO of Bantaba, Lamin …
The Kuwait Foundation for the Advancement of Sciences (KFAS) (www.KFAS.org) announced the appointment of Dr. Khaled Ali Al-Fadhel as the new Director General of the Foundation in March. In this capacity, he will also serve on the Board of Trustees for the Al-Sumait Prize for African Development (www.AlSumaitPrize.org). Dr. Al-Fadhel succeeds Dr. Adnan Shihab-Eldin, who retired earlier this year, and had served as Director General of KFAS since 2011, as well as a member of AlSumait Prize Board of Trustees since 2015.
When asked about his vision for Al-Sumait Prize for African Development, he stated: “It is our goal to elevate the impact and standing of Al-Sumait Prize. One of the most certain ways to ensure that humanitarian efforts and initiatives continue their momentum, and their perceptible success, is to establish awards such as Al-Sumait Prize that aim to recognize the accomplishments of organizations and researchers dedicated to the creation …
The AGCO Agriculture Foundation (AAF) has announced another project partnership with the Kenya Red Cross Society (KRCS) aimed at addressing climate change and food insecurity in the Dadaab Refuge Complex.
In a press statement sent to newsrooms on Thursday, May 6, 2021, the private foundation committed to ending hunger through sustainable agricultural development noted that this was a second phase of a USD $125,000 project partnership with the Kenya Red Cross Society (KRCS).
According to the foundation, the project began this month, with the goal of restoring degraded land, strengthening refugees’ food security and income levels, and increasing production of diverse, nutritious foods.
Dadaab Refugee Complex
The Dadaab Refugee Complex falls within the expansive arid and semi-arid lands (ASAL) of Kenya, characterized by hot, dry weather and high rates of evapotranspiration interspersed with occasional flooding in poorly drained areas.
Climate change
Dramatic changes in weather patterns have caused prolonged drought …
