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He co-founded the African Heritage Gallery with Kenya’s first vice-president Joseph Murumbi
Announcement of the death of former President Rawlings pic.twitter.com/7ext0fp4sd
— Nana Akufo-Addo (@NAkufoAddo) November 12, 2020
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Toyin Umesiri, the founder and CEO of Nazaru, shares strategies on how Africa is reshaping the global economic landscape through trading.
As emerging technologies like blockchain, AI, and cryptocurrencies continue to garner interest, digitally minded entrepreneurs across Africa are looking to highlight the continent's tech potential. CNN takes a look at how African thought leaders are bringing ideas to a global stage at this year's AIBC Summit.
The post How Cryptocurrency And Blockchain Technology Can Transform Africa appeared first on The Seattle Medium.
The conference is aimed at connecting investors, African corporate clients and policymakers to connect with the world’s leading institutional investors.
“In line with current world trends, Stanbic Bank Zimbabwe’s parent company, Standard Bank Group has adopted a digital approach to enable African corporate clients and leading policymakers to connect virtually with some of the world’s leading institutional investors,” read the statement.
“In partnership with ICBC Standard Bank and Microsoft, Standard Bank is hosting its 10th Africa Investors Conference using a specially enhanced Microsoft Teams platform to host over 2 500 meetings over five days, doubling the number of meetings hosted in 2019.
The virtual platform is enabling many more African corporates and investors to fully participate in the conference and policymaker sessions will be larger in reach.”
While the COVID-19 pandemic is a major setback for the global economy, Standard Bank Group believes Africa’s long-term prospects remain positive and the opportunities for investors and businesses to promote the development of the continent while also generating healthy returns remain,” said the chief executive of Standard Bank’s international unit, Gert Vogel.
Africa breached the 200,000 mark on June 10 according to the AU’s Africa Centers for Disease Control, which at the time reported that there were 203,899 cases along with 5,530 deaths and 91,398 recoveries.
VIDEO
May 22: Cases pass 100,000 mark
\tConfirmed cases of coronavirus across Africa passed the 100,000 mark barely 24-hours after the deaths hit 3,000.
The five most impacted nations were as follows:
\t
\t\tSouth Africa: 19,137 confirmed cases
\t\tEgypt: 15,003
\t\tAlgeria: 7,728
\t\tMorocco: 7,300
\t\tNigeria: 7,016
\tSouth Africa is the most impact across the continent and in the southern African region.
April 18: Cases across Africa pass 20,000 mark
\tConfirmed cases of coronavirus passed the 20,000 mark barely 24-hours after the deaths topped 1,000.
Additional files on UNECA report from AP
April 17: Africa’s coronavirus deaths pass 1,000 mark as cases approach 20,000
\tAfrica’s coronavirus deaths have surpassed the 1,000 mark according to tallies by the john Hopkins University.
Nearly 90% of African countries will miss a target of vaccinating a tenth of their population by September unless they urgently receive more than 200 million jabs, the WHO warned Thursday.
Global hospitality groups Radisson and Accor will continue with their expansion plans in Kenya and the region despite the slump in the sector due to Covid-19.
There are now more than over 400,000 confirmed cases of coronavirus across the continent, with a number of African countries imposing a range of prevention and containment measures against the spread of the pandemic.
According to the latest data by the John Hopkins University and Africa Center for Disease Control on COVID-19 in Africa, the breakdown remains fluid as countries confirm cases as and when.
As of May 13, every African country had recorded an infection, the last being Lesotho.
We shall keep updating this list largely sourced from the John Hopkins University tallies, Africa CDC and from official government data.
SUGGESTED READING: Africa’s COVID-19 deaths pass 100,000 mark
Major African stats: June 30 at 7:00 GMT:
\t\tConfirmed cases = 418,211
\t\tActive cases = 209,623
\t\tRecoveries = 198,182
\t\tNumber of deaths = 10,406
Countries in alphabetical order
\t\tAlgeria – 13,272
\t\tAngola – 291
\t\tBenin – 1,199
\t\tBotswana – 227
\t\tBurkina Faso – 962
\t\tBurundi – 170
\t\tCameroon – 12,592
\t\tCape Verde – 1,267
\t\tCentral African Republic – 3,745
\t\tChad – 866
\t\tComoros – 303
\t\tCongo-Brazzaville – 1,382
\t\tDR Congo – 7,122
\t\tDjibouti – 4,704
\t\tEgypt – 69,814
\t\tEquatorial Guinea – 2,001
\t\tEritrea – 203
\t\tEswatini – 840
\t\tEthiopia – 5,846
\t\tGabon – 5,513
\t\t(The) Gambia – 49
\t\tGhana – 18,134
\t\tGuinea – 5,404
\t\tGuinea-Bissau – 1,654
\t\tIvory Coast – 9,702
\t\tKenya – 6,673
\t\tLesotho – 35
\t\tLiberia – 804
\t\tLibya – 874
\t\tMadagascar – 2,303
\t\tMalawi – 1,265
\t\tMali – 2,202
\t\tMauritania – 4,472
\t\tMauritius – 341
\t\tMorocco – 12,636
\t\tMozambique – 903
\t\tNamibia – 285
\t\tNiger – 1,075
\t\tNigeria- 26,484
\t\tRwanda – 1,042
\t\tSao Tome and Principe – 715
\t\tSenegal – 6,925
\t\tSeychelles – 81
\t\tSierra Leone – 1,498
\t\tSomalia – 2,924
\t\tSouth Africa – 159,333
\t\tSouth Sudan – 2,021
\t\tSudan – 9,573
\t\tTanzania – 509
\t\tTogo – 661
\t\tTunisia – 1,175
\t\tUganda – 893
\t\tZambia – 1,632
\t\tZimbabwe – 605
SUGGESTED READING: rolling coverage of the coronavirus outbreak in Africa II
Match Group Inc, the parent of Tinder has named Renate Nyborg as Chief Executive Officer (CEO) of the dating app to replace Jim Lanzone.
Governments can take the opportunity of COVID-19 to change Africa's place in global economic structures, but it will take pan-African coordination.
Since the 16th century, Africa has been a place of both resource extraction - in the form of enslaved people, gold and minerals - and of external financing as European traders provided credit to their African counterparts to help finance the expansion of the Atlantic trade.
The structural adjustment policies promoted by the IMF and World Bank following the 1970s oil crisis may have further entrenched African economies' dependency on the export of raw materials.
Rather than trying to return to normal - albeit with even greater debt and mass unemployment - African governments should take this rare chance to rebalance Africa's relationship to global capital.
Although they would be just a start, these twin policies of a debt cancellation campaign and increased credit - financed through the diaspora and pan-African banks - would bring money into African economies and significantly ameliorate the current crisis.
Now one man is introducing a new kind of rum to the world with the first rum that blends African and Caribbean cultures, and he’s bringing it to the United States.
Global Rum Ambassador Ian Burrell is the co-creator of Equiano, a 100% natural rum that blends Mauritius culture and taste with Foursqaure, a Barbadian distillery known for its high-quality spirits, making it the first rum of its kind.
“Equiano is a world’s first blend of rums aged in Cognac casks in Mauritius, and Barbados rums aged in ex-Bourbon barrels,” said Burrell in an email QA with BLACK ENTERPRISE.
“The two rums are ‘vatted’ and then bottled at the Foursquare Rum distillery in Barbados before being sent to the U.S.A. and the U.K.”
When it came down to distilling the blend, Burrell looked to the Foursqaure distillery and the Seale family to produce a high-quality product.
Equiano’s memoirs were some of the first work published by a major publisher from an African writer, and his journey influenced Burrell when it came time to crafting his brand story.
COVID-19-related deaths increased by 80% in Africa in the last month, according to the World Health Organization. 'Death rates have increased across Africa, with the highest weekly rate (6,343) to date reported during the week starting 19 July 2021,' Phionah Atuhebwe, WHO's vaccine introduction officer for Africa, told CNN. The majority of new deaths stemmed from Southern Africa, Atuhebwe told CNN. Over 16,000 deaths happened in the region, while 6,036 people died in North Africa. The highly transmittable and deadlier Delta variant of the virus is mainly responsible for the increase, according to WHO Director-General Tedros Adhanom Ghebreyesus. 'Almost four million cases were reported to WHO last week, and on […]
The post WHO: COVID-19 Deaths up 80% in Africa, Delta Variant to Blame appeared first on BNC.
Thousands of Burundians clad in white gathered on Friday in the capital Gitega to say a final goodbye to former president Pierre Nkurunziza at a state funeral after his sudden death earlier this month.
The ceremonies began early in the morning with a \"homage by his wife, Denise Bucumi Nkurunziza, his children and those close to him\" in an intimate gathering at the hospital where he passed away, a government source told AFP.
\"Nowhere in Africa, or the world, has a leader been as close to God as president Nkurunziza was,\" Ndayishimiye said in a tear-filled speech, adding he was also \"the closest to the people\".
Nkurunziza, a devout evangelical who believed he was chosen by God to lead Burundi, leaves behind a deeply isolated country in political and economic turmoil.
Burundi has taken few measures to combat the spread of the coronavirus, with Nkurunziza claiming God had spared the country from its ravages.
FILE PHOTO | NMG
Sugar imports in the first five months of the year rose 21 percent compared to a similar period in 2019 even as local production slightly increased in the past two months.
According to the Sugar Directorate, imports between January and May stood at 207,814 tonnes against 172,213 tonnes last year.
“Sugar imported in January–May 2020 amounted to184,677 tonnes against 150,302 tonnes in the same period last year, a 21 percent increase, attributed to high table sugar imports in the review period to bridge the local deficit,” said the directorate.
In the review period, table sugar imports stood at 157,593 tonnes while industrial /refined sweetener was at 100,815 tonnes.
Total sugar sales in the review period were 243,083 tonnes compared with 210,015 tonnes last year.
EDITORIAL: Parliament’s concerns about spending valid
Wednesday, July 1, 2020 0:01
By EDITORIAL
Military spending should be guided by sound financial management and oversight practices.
Although we appreciate the long-running tradition of secrecy in military spending, there should be some element of openness because while opacity has its benefits in war, it weakens sound policy making and accountability.
Several countries in sub-Saharan Africa, including Burkina Faso, Chad, the Democratic Republic of Congo (DRC), Cote d’Ivoire, Ghana, Namibia, South Africa and Tanzania, have taken strides to institutionalise transparency in their military expenditures.
Besides, lack of oversight in the manner in which the military budget and arms purchases are decided and controlled bear the risk of higher inefficiency in military spending and questionable purchases, thus adding pressure on already strained public resources.
Like any public expenditure, military spending should be guided by sound financial management and oversight practices.
