Early-stage venture capital firm and innovation accelerator Nest has partnered with global payments technology company Visa to introduce a four-day FinTech bootcamp, which claims to be a first-of-its-kind programme in Africa. The main objective of the bootcamp is to facilitate …
Booming
Reversing Africa’s Brain Drain with Research & Development
Brain drain or human capital flight is the emigration of highly skilled or well-educated individuals from a country or society. Africa has a well-documented brain drain problem that ranks as one of the worst in the world. Rwanda has found …
Five African Countries Ban Europe’s ‘Dirty’ Fuel Imports
Five countries in West Africa have decided to stop importing « dirty fuels » from Europe, the UN Environment Programme says. A recent report revealed that European companies were exploiting weak regulations in West Africa to export fuels with high levels of …
$13m Irrigation Scheme to Benefit 980 Farmers in Rwanda
A solar-powered irrigation scheme has been launched in Ngoma District in Rwanda’s Eastern Province. The project which covers 300 hectares, 265 hillside and 35 paddy, will promote climate resilient agriculture and sustainable production in the country’s drought-prone areas. The $13 …
15 African Stock Exchanges to adopt Sustainability Reporting Standards
As many as 21 more of the world’s stock exchanges could introduce sustainable reporting standards by the end of 2016, according to James Zhan, Director of the Division on Investment and Enterprise at the United Nations Conference on Trade and …
Climate-smart investment opportunities in four African countries
According to a report released recently by the IFC, the investment potential of four African countries in ‘climate-smart’ activities – such as clean energy and sustainable agriculture – will be $783bn by 2030. Of this, 16% is in renewable energy …
AFIF offers African Entrepreneurs Scale-up Resources
Kenya will host the Africa Finance & Investment Forum (AFIF) from 15th to 16th February, 2017 to offer entrepreneurs resources to scale up their ventures. AFIF is an annual business event organized by EMRC, an organization dedicated to strengthening the …
Six bright ideas lighting up Africa from the grassroots
In sub-Saharan Africa, almost 600 million people live in the dark. The electrification rate in rural areas is as low as 14% and with climate change already affecting the continent, people are increasingly turning to clean energy to bridge the gap. …
Report: African economies adapt to new environment and challenges
African Review looks at how each African economies rate against one another and how the continent’s economic diversity affects each economy differently. Sub-Saharan Africa enjoyed a decade of GDP growth averaging at 5.7 per cent, per year until 2014. However, …
President of Mauritania inaugurates landmark solar plants delivered by Masdar
Eight new rural solar energy projects have been completed, and are now operational, across the Islamic Republic of Mauritania, in western North Africa, doubling the UAE’s total contribution to the country’s clean energy capacity to 31.6 megawatts (MW). Delivered by …