A New Touch of Africa

Business

Africa by it’s stature is made up of systems that spur a plethora of opportunities for generating new businesses. Explore the world of entrepreneurship, investment, science, and technology in Africa.

Lagos

Lagos State Allocates 60% of its Budget to Infrastructure after EndSARS Protest

The biggest commercial hub of Nigeria, Lagos state, is planning to invest more in infrastructure following the disaster caused by hoodlums who took advantage of the peaceful EndSARS protest in October, 2020. The Lagos government’s proposed budget is ₦1.164 trillion for the year 2021 with 60% of it going into major projects which is “massive …

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Gregory

GREGORY UGWI: The Idea Alchemist Behind Thinkum

Gregory Ugwi is a former strategist at Goldman Sachs, established in 1869. A company committed to advising companies on buying and selling businesses, raising capital, and managing risks for over 150 years. With Justin Zhen, a former college classmate and hedge fund employee, he leads a multi-million dollar company with Goldman Sachs as one of …

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COVID-19: Zimbabwe Imposes 30 Day Lockdown

COVID-19: Zimbabwe Imposes 30 Day Lockdown

Following a spike in coronavirus (COVID-19) cases within the first few days of the new year, Zimbabwe has reintroduced a 12-hour curfew from 6 pm until 6 am everyday for 30 days. The new curfew was announced on Saturday by Zimbabwe’s Vice President Constantino Chiwenga. In his address, he stated the reasons for the new …

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Egypt

EGYPT: Go Green Exhibition to present natural gas-powered vehicles on the 6th

Egypt is set to launch the ‘Go Green Exhibition’, the first of its kind in a two-day event from 4th January to 6th, highlighting the conversion of vehicles to clean energy and replacement technologies at the Egypt International Exhibition Center (EIEC). The event has been sponsored by President Abdel Fattah Al-Sisi. Despite the negative effect …

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WACA

WACA: Call For Innovation

Under the West African Coastal Areas (WACA) Management Program, World Bank Group launched Call for Innovation to respond to the challenges plaguing the coastal communities in West Africa. This was co-organized in collaboration with the Republic of Senegal’s Ministry of Environment and Sustainable Development, Global Facility for Disaster Reduction and Recovery, Nordic Development Fund, and …

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COVID-19: How Africa Has Been Able To Manage The Pandemic

COVID-19: How Africa Has Been Able To Manage The Pandemic

Early in the year, a global phenomenon known as the Coronavirus, also known as “COVID-19” began to make the rounds and before anyone could say “Jack Robinson”, everyone was on lock-down and face-masks became the “new normal”. The emergence of COVID-19 birthed a lot of conspiracy theories, rumors and was a serious cause for global …

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Africa: Covid-19 Deaths Exceed 41,000

As of October 25, the confirmed cases of Covid-19 from 55 African countries have reached 1,709,387 . Reported deaths in Africa have reached 41,144 , and recoveries 1,397,522 . South Africa has the most reported cases – 714,246, with deaths numbering 18,843. Other most-affected countries include Morocco (194,461), Egypt (106,397) Ethiopia (92,858), Nigeria (61,930) and …

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EgyptAir

Ghana, EgyptAir Sign MoU to Establish National Aviation Company

Ghanaian government and Egyptian flag carrier EgyptAir have signed memorandum of understanding (MoU) to establish a Ghanaian national aviation company with investments from both countries. The MoU aims to enable the Ghanaian side to benefit from EgyptAir’s vast experience, as Africa’s oldest air carrier that provides its services to more than 80 destinations around the …

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African countries to pay less in customs duties from 2021 – AfCFTA Secretary-General

The full implementation of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, is expected to see a reduction in customs duties within Africa, Secretary-General of the AfCFTA Secretariat, Wamkele Mene, has said. According to him, the implementation of the agreement will also witness a reduction of unwanted trade barriers which will …

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Paystack

PAYSTACK – ONE STEP FOR A NIGERIAN PRODIGY, A GIANT TECH FOR AFRICA

In 2015, Shola Akinlade set out to make software and services needed for merchants in Africa to accept online payments from local and international customers and that adventure is now distinguished as a trailblazer in the African fintech industry. Born in Lagos, Shola Akinlade is a Computer Science graduate of Babcock University, Nigeria. He went …

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