Year: 2024

African Energy Chamber (AEC) Endorses Africa Energy Technology Conference 2024 in Ghana

Mr Mohammed

JOHANNESBURG, South Africa, January 25, 2024/ — The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of Africa’s energy sector – is pleased to officially endorse and act as a strategic partner to the Africa Energy Technology Conference, taking place in Accra this March and hosted by the Africa Energy Technology Center (AETC), in partnership with Ghana’s Ministry of Energy. The partnership signifies a united effort to propel innovation, advocate for sustainable energy solutions and foster strategic discussions within the African energy ecosystem, under the event’s theme Africa at the Forefront of…

#BlackExcellence in Architecture: Driving Cultural Representation

Mr Mohammed

DUBAI, United Arab Emirates, January 25, 2024/ — Shaping our physical environment, creating a sense of identity and place, and supporting economic development are but a few of the functional purposes of architecture. Architects play a critical role in providing places for people to live and work, improving the quality of human life and supporting the aesthetics within a designed environment. This year’s Global Black Impact Summit (GBIS) { https://GlobalBlackImpact.com/}  – taking place in Dubai on February 27, 2024 – will explore the achievements of Black architects and designers, whose work…

From Africa to Europe: Securing investment for gas export infrastructure

Mr Mohammed

PARIS, France, January 24, 2024/ — Africa’s abundant natural gas reserves represent an attractive opportunity for monetization and export, aligning with Europe’s growing demand for cleaner and more energy. This synergy has set the stage for heightened Africa-Europe trade and partnership, with a focus on gas-directed investments. The upcoming Invest in African Energy (IAE) forum in Paris on May 14–15 will serve as a focal point of this topic, bringing together African nations with European investors who are eager to tap into Africa’s gas resources and unlock new sources of power.…

The Catalytic Role of Big Data Analytics in Shaping Islamic Finance Underscored

Mr Mohammed

Story: Mohammed A. Abu A webinar held by the General Council for Islamic Banks & Financial Institutions(CIBAFI) concluded with a forward-looking perspective on the future of big data and its transformative potential in the Islamic financial industry, underscoring its role as a catalyst for growth and transformation, an official statement said in Manama, Bahrain, Tuesday. CIBAFI’s Secretary General, Dr. Abdelilah Belatik, in his inaugural address, it said, underscored the critical significance of big data in Islamic finance emphasizing that, it goes beyond mere technological advancement and it is a strategic imperative as…

Ghana wants to make importing food like rice and tomatoes more costly: expert explains why it’s a bad idea

Mr Mohammed

Published: January 22, 2024 4.19pm SAST Sylvanus Kwaku Afesorgbor Associate Professor, Agri-Food Trade and Policy, University of Guelph Ghana, like many other developing nations, relies heavily on imports of food and consumer goods to feed its population. For instance, Ghana imports 55% of the rice that is consumed locally. The country’s import dependence is primarily a consequence of the production of low-value primary products without substantial value addition. To forestall over-dependence on foreign goods, the government has proposed a trade restrictive policy via a legislative instrument on 22 major items. It has justified the policy on…

Africa-Caribbean Trade and Business to get a booster

Mr Mohammed

London, Great Britain, January 20, 2024, WMG has announced the organization of a virtual AFRICA – CARIBBEAN ACHIEVERS’ SUMMIT from 04 to 05 March, 2024 between 01 PM to 06 PM BST, on theme: Corporate Africa, the 6th Region, AfCFTA and Beyond to promote trade and Business between Africa and the Caribbean. The Summit will be an unprecedented 2-day event that will parade some of Africa and Caribbean’s most powerhouse entrepreneurs, start-ups and business owners. They will share and discuss some of the key strategies, processes, innovative ideas, skill sets…

Global Black Impact Summit (GBIS) 2024: Enabling Black-Owned Businesses to Go Global

Mr Mohammed

DUBAI, United Arab Emirates, January 19, 2024/ — Black-owned businesses have emerged as integral players in the global economy, able to foster economic empowerment and contribute to enhanced diversity and inclusion in the workplace. In the United States, the number of Black-owned businesses increased by nearly 14% pre-pandemic and accounted for a larger share of increases in revenues, employees and payrolls than other racial groups. Marked by rising Black entrepreneurship rates and growing demand for minority-owned businesses, there is a unique opportunity for Black-owned brands to play an even more…

President Ramkalawan meets with relatives of the three fishermen lost at sea

Mr Mohammed

President Wavel Ramkalawan, accompanied by the Vice-President, Mr Ahmed Afif, this afternoon met with family members of the three fishermen from the Takamaka district who have been declared lost at sea since 16th November 2023. This included relatives of Mr. David Suzette, Mr, Hansley Denis and Mr Steve Burka. Also present for the meeting was the Member for National Assembly for Takamaka,  Hon. Terrence Mondon, Major Hans Radegonde from the Seychelles Coast Guard, the Assistant Commissioner of Police, ACP Antoine Denousse, the District Administrator, Ms Cynthia Hariba, Mr Dominique Savy from…

Burundi: African Development Bank helps train managers on programme-budget implementation in public administration

Mr Mohammed

ABIDJAN, Ivory Coast, January 18, 2024/ — The African Development Bank (www.AfDB.org) has supported the capacity building of about 50 managers from Burundi’s public administration to consolidate implementation of the programme budget currently under deployment. The training sessions, which ran from 22 November to 23 December 2023, covered the preparation of work plans and the annual budget, quarterly progress reports, and annual performance reports in addition to developing a results-oriented public investment programme. Training also covered the identification of public-private partnership projects, pre-assessments and contract negotiations. Course participants welcomed the great…

The African Development Bank plans to invest USD 10.5 million in the capital of Seedstars Africa Ventures to boost investment in innovative businesses

Mr Mohammed

ABIDJAN, Ivory Coast, January 18, 2024/ — The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) agreed on Wednesday that the Bank should take a stake of USD 10.50 million in the capital of Seedstars Africa Ventures S.L.P. venture capital fund to enable it to invest in innovative African businesses with strong growth potential. The Bank agreed to invest USD 7 million from its ordinary resources and USD 3.5 million from the European Union Boost Africa programme. The investment will allow Seedstars Africa Ventures (SAV) to raise funds,…