Industry

  • Body: 
    Within the African Investment Forum, the African Development Bank launched a new digital platform to better connect private sector representatives and potential sponsors with investment opportunities in Africa. The database has a bilingual interface and provides information on private and public-private partnership projects, investment opportunities in Africa as well as many other investment support services, trainings, guidelines and tips. Read on
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    The Swiss Federal Department of Economic Affairs, Education and Research has launched an initiative to support entrepreneurs and start-up companies active in the fields of mobile health, pharmacometrics, innovative financing or digital humanities (knowledge transfer) in sub-Saharan Africa. More particularly, the Swiss Africa Business Innovation Initiative (SABII) aims to boost the entrepreneurial know-how and exposure of sub-Saharan graduate students. Read on
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    The Burkina Faso Ministry of Commerce has decided to protect the “Faso dan fani”, the famous African “pagne” traditionally woven by Burkinabé women. The measure aims to combat counterfeiting and unfair competition and to support local production by consolidating some 30 000 jobs in the cotton sector. It will also protect the cultural identity of the fabric. Faso dan fani means “woven loincloth of the homeland.” Read on
  • What a Waste 2.0

    Body: 
    The What a Waste 2.0 report provides a global snapshot of the current situation and future trends in solid waste management. By 2050, the world is expected to generate 3.4 billion tons of waste annually, up from the current level of 2 billion tons. Sub-Saharan Africa currently accounts for 9% of global waste (174 million tons) production, but its share is set to increase more rapidly than any other region given the high rate of urbanisation and population growth. Read on
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    Dakar hosted, from 17-19 January, the third edition of the International Conference on the Emergence of Africa (ICEA), which focused on the theme, “Emergence, private sector and inclusiveness.” Organised by the Government of Senegal in collaboration with the African Development Bank, UNDP and the World Bank, the meeting brought together some 1000 African leaders, high-level personalities and experts. The conference shared best practices and took stock of the African countries’ progress towards emergence. Read on
  • Body: 
    Some 3 000 development partners gathered from 21-25 May at the 53rd annual meetings of the African Development Bank (AfDB) in Busan, Korea. “Accelerating Africa’s Industrialization,” one of AfDB’s five priority areas, was the official theme of the event. What’s in it for West Africa? Read on
  • Body: 
    African ministers gathered from 11-15 May in Addis Ababa to discuss the next steps in implementing the African Continental Free Trade Area (AfCFTA). “AfCFTA: Creating fiscal space for jobs and economic diversification” was the official theme of the ministerial conference’s 51st session. While Ghana and Kenya are the first two countries that have ratified the documents, Nigeria and South Africa have yet to sign the agreement. Read on
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    China announced it will loan Guinea USD 20 billion to support infrastructure development in the country over the next 20 years. In turn, the Guinean government granted several mining concessions to Chinese companies, including for the bauxite mines in northern Guinea. Read on