According to Reuters Africa, Nigeria’s economy grew by 6.23 percent in the third quarter of 2014, up from 5.17 percent in the same period last year, lifted by its services sector, the statistics office said today – 16th November, 2014. Continue reading
Before he hit eighteen, Fred Swaniker had lived in Ghana, Gambia, Botswana and Zimbabwe. What he learned from a childhood across Africa was that while good leaders can’t make much of a difference in societies with strong institutions, in countries with weak structures, leaders could make or break a country. In a passionate talk the entrepreneur and TED Fellow looks at different generations of African leaders and imagines how to develop the leadership of the future. Continue reading
Nigeria’s minister of water resources, Mrs. Sarah Ochekpe said this while speaking at the stakeholders sensitization workshop on the activities of Niger Basin Authority (NBA) in Nigeria organised by the National Focal Structure the Federal Ministry of Water Resources. Continue reading
Here are the real reasons you need to start a company in Africa. This is as packaged by ALNventures. ALN (African Leadership Network) Ventures is a startup accelerator established to develop early stage, private ventures across Africa. They help entrepreneurs looking to move beyond a fledgling enterprise. The defining characteristic of ventures that succeed in Africa is access to networks – networks that provide mentors and experts, capital and a talented team to build companies. Their program is built on an extensive network of investors, mentors, topic experts, entrepreneurs-in-residence and peer entrepreneurs. The emphasis is on a tailored program – they recognize that not every startup needs the same things, and we will bring you the mentors, financing, experts and peers that you need.
The board of directors of the African Development Bank Group approved a $256 million for the financing of WASH investments in Nigeria & Ethiopia. The approvals comprise a US $150-million senior loan to Lekki Port LFTZ Enterprise for the construction of a Greenfield seaport in the Lagos Free Trade Zone, 60 kilometres east of Lagos. The project follows a 45-year concession granted to Lekki Port LFTZ Enterprise (LPLE), the Special Purpose Vehicle, by the Nigerian Ports Authority (NPA) under a build, own, operate and transfer scheme. Continue reading
The African Innovation Foundation (AIF) is calling on all African innovators to submit their entries for the fourth edition of the Innovation Prize for Africa (IPA) competition in a bid to encourage Africans to develop creative ideas and techniques to overcome some of the challenges faced by the continent and support sustainable development. According to the foundation, the ideas submitted — in key categories such as Agriculture and Agribusiness, Environment, Energy and Water, Health and Wellbeing, ICT applications, and Manufacturing and Service Industries — would be evaluated based on their originality, marketability, scalability, social impact and scientific/technical aspects. Continue reading