Unveiling SEZs role in Africa’s Industrialization

USD2.6 billion Invested,60 million Jobs Created …. As AU-AEZO Symposium ends in Abuja Story: Mohammed Abu The 5th African Union Commission(AUC)Symposium on Special Economic Zones(SEZs) and the 7th Annual Meeting of Africa Economic Zones Organization(AEZO) ended recently in the Nigerian capital of Abuja with an expression of interest by President Bukhari to collaborate with SEZs in Africa to benefit from the AfCfTA. The Nigerian President also commended the AFZO for bringing Free Zone Operators in Africa together through the event which was held under the theme, “African Special Economic Zones:…

Gearing up for U.S.-Africa Leaders Summit

MAU Leads the charge in getting bid for Minnesota ………As Consular Corp briefing due in Chicago on Monday By: Mohammed Abu Minnesota Africans United will host a briefing for Chicago-based Consul Generals and Honorary Consuls on Monday, December 12th at the University Club in Chicago. This will be an open meeting, with formal invitations to the Consular Corp and to other key leaders, according to an official MAU announcement. Minnesota Africans United (MAU), the civil society organization representing Diaspora communities from the entire continent, has been crucial to the success…

Joint OIC- EU technical workshop on “Gender Based Violence” (GBV)

Jeddah, 7 December 2022 Within the framework of its partnership and continues consultation and collaboration with the European Union (EU), the OIC General Secretariat along with the European External Action Service (EEAS),  held today, Wed 7 2022 a virtual technical workshop on “Elimination of Gender-Based Violence”. The workshop is organized in commemoration of the International Day for the Elimination of Violence against Women,  which is observed on 25th of November each year, and also the UNiTE (UNITE to End Violence Against Women 16 days Campaign). The workshop aimed to Exchange…

Mano River Union launches scheme to build inclusive business ecosystems

  OPINION PIECE By Charleine MBUYI LUSAMBA & Hoda Tarek) Sierra Leone’s Minister of Gender and Children’s Affairs, Manty Tarawalli, commended the African Development Bank for what she said was a “well-thought” initiative to support women’s economic empowerment ABIDJAN, Ivory Coast, December 7, 2022/ — By Charleine MBUYI LUSAMBA, Task Manager & Hoda Tarek, Gender and Development Expert On 21 October 2022, the African Development Bank and the Mano River Union Secretariat hosted an event to launch the Project to Build Inclusive Business Ecosystems for Stabilization and Transformation in the Mano River…

Africa Finance Corporation (AFC) Expands Asian Capital Market Footprint with US$160 Million Kimchi Loan Facility Led by Mizuho and Shinhan Bank

The successful closure of the 3-year Kimchi loan facility is a positive indication of Korea’s and more broadly Asia’s growing interest in infrastructure investment opportunities in Africa LAGOS, Nigeria, December 7, 2022/ — Africa Finance Corporation (https://www.AfricaFC.org/), the leading infrastructure solutions provider in Africa, is expanding its footprint in Asian capital markets, today announcing the successful closure of a US$160 million Kimchi Term Loan Facility with Mizuho Bank, Ltd. and Shinhan Bank as Bookrunners and Mandate Lead Arrangers (BMLAs). This facility follows the successful execution of the Corporation’s inaugural US$140…

Brastorne Connects the Unconnected in Africa

  Brastorne has implemented disruptive solutions to dissolve the barriers to digital inclusion in Africa GABORONE, Botswana, December 6, 2022/ — The Challenge More and more aspects of modern life have moved online. Access to information, economic opportunities, and how we interact with our social circles are all reliant on access to the internet. Access to this near-limitless online world leads to empowerment for those with ready access. However, digital inclusion is not universal and a growing digital divide is excluding entire segments of our society from the potentially limitless benefits.…

Ghana’s Newest University is Putting West Africa at Forefront of the Digital Revolution

The newly reformed institution is envisioned to become the premier technology institution in West Africa for equipping students and educators in the technology space ACCRA, Ghana, December 2, 2022/ — As part of a national drive to put Ghana at the forefront of the digital revolution in Africa, the former Ghana Technology University College has been granted university status and reformed to become the Ghana Communication Technology University (GCTU) (https://site.GCTU.edu.gh); The newly reformed institution is envisioned to become the premier technology institution in West Africa for equipping students and educators…

Rwanda’s Kigali Green City, the first of its kind to be built in Africa

An international team has been appointed for the implementation of the Kigali Green City project in Rwanda. The team was appointed by the UK headquartered Feilden Clegg Bradley Studios, which won an international design competition for the project. The FCBS team comprises the local architects Light Earth Designs, A Studio Space, and Studio FH Architects, as well as Turner & Townsend. The team also included Grant Associates, AKT II, and Atelier Ten Top of Form In addition, the East Africa leading planning, design, architecture, and engineering firm, FBW Group, was appointed to offer the key services…

ESG in Africa is colonialism 2.0

OPINION by N.J. Ayuk Many today believe the era of colonialism in Africa is over. They’re wrong. The era of colonialism in Africa has merely entered a new and insidious phase. Some call it “neo-colonialism.” I call it colonialism 2.0. In colonialism 1.0, Western and other nations conquered large parts of Africa, and in colonialism 2.0, they use their money to impose their unrealistic ideologies on an unwilling but still desperate continent. Nowhere is this more obvious than in the mania surrounding ESG, a set of environmental, social, and governance criteria for financial investments…

Greening the Desert through Organic Farming

Upholding the legacy of UAE’s Founder, Emirates Bio Farm Leads the Charge By: Mohammed Abu The good memoirs of late UAE’s Founder, H.R.H. Sheikh Zayed Al Nahayan, shall forever be cherished. Aside the historic Economic Diversification Plan that also ensured escapade from the resource curse, his passion and initiative for greening the country’s desert, protection and conservation of biodiversity in its ecosystem also deserves spectacular mention. To this end, the establishment of the Emirates Bio Farm(EBF), the largest organic farm in the UAE in 2016, built on the company’s founding…