Thursday, March 12

Tag: Africa

Daimler Truck Middle East Africa Sets Performance and Excellence Benchmarks in Commercial Vehicles at EliteClass Awards Ceremony 2025
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World

Daimler Truck Middle East Africa Sets Performance and Excellence Benchmarks in Commercial Vehicles at EliteClass Awards Ceremony 2025

Daimler Truck Middle East Africa (DT MEA) hosted the EliteClass Awards Ceremony 2025 in Dubai, welcoming over 70 DT MEA General Distributors from across the Middle East and Africa for an evening dedicated to performance, partnership, and shared achievement. The EliteClass Awards continue to recognize the results delivered over the past year, based on performance measured across 19 categories and spanning the entire business spectrum for Mercedes-Benz Trucks, Daimler Buses, and FUSO Trucks & Bus. The program reflects outcomes achieved through strong collaboration, consistent execution, and commitment across the DT MEA distributor network. Addressing the audience, Michael Dietz, President & CEO of Daimler Truck Middle East Africa, said: “EliteCl...
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Nigeria Eyes Stronger Economic Growth in 2026, President Tinubu Outlines Priorities
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World

Nigeria Eyes Stronger Economic Growth in 2026, President Tinubu Outlines Priorities

President Bola Ahmed Tinubu has inaugurated the new year with an optimistic address, highlighting plans for a more robust phase of economic growth, security consolidation, and inclusive social development in Nigeria. In his New Year message, the President reflected on 2025 achievements, noting that despite global economic challenges, Nigeria recorded steady GDP growth, declining inflation, trade surpluses, and greater exchange rate stability. He revealed that the Nigerian Stock Exchange posted a 48.12% gain, while foreign reserves stood at $45.4 billion as of December 29, 2025, providing a buffer against external shocks. President Tinubu also reported that foreign direct investment (FDI) rose sharply in the third quarter of 2025, from $90 million to $720 million, reflecting renewed c...
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Ebola outbreak kills 15 in DR Congo
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Health

Ebola outbreak kills 15 in DR Congo

At least 15 people have died in a new outbreak of the Ebola virus in the Democratic Republic of Congo, the country's health ministry has said. The presence of the virus had been confirmed in a 34-year-old pregnant woman who was admitted to hospital last month after showing symptoms that included a high fever and repeated vomiting, the ministry added.  She died a few hours later from multiple organ failure. This will be the 16th outbreak of the deadly virus in the vast central African state that has poor health services, and is hit by conflict in the east. The latest outbreak is in central Kasai province, with 28 suspected cases recorded, the ministry said.  Officials have urged strict adherence to preventive measures, including frequent handwashing and social distancing in...
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As Africa goes digital, who’s guarding the gates?
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Article

As Africa goes digital, who’s guarding the gates?

Africa is undergoing a digital renaissance. From the rise of mobile technology and fintech innovation to deepening internet connectivity, the continent is experiencing an economic transformation once thought to be decades away. Tech hubs are thriving, and digital services are reaching even the most remote rural communities, reshaping how people live, work, and transact. At the center of this progress is the new generation of entrepreneurs, developers, and digital natives building innovative solutions for both local needs and global markets.Governments are accelerating the digitization of public services, while sectors like agriculture, healthcare, and education are adopting technology to drive greater access and efficiency. According to projections, Africa’s digital economy could ...
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China’s partnership with Africa represents fundamental shift from exploitation – ACUC
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News

China’s partnership with Africa represents fundamental shift from exploitation – ACUC

The AfriKan Continental Union Consult (ACUC) has commended the Chinese government for giving zero-tariff access to African countries, indicating that it represents a fundamental shift from exploitation. Dr Benjamin Anyagre Aziginaateeg, the Chief Executive Officer of ACUC, reacting to the move, told the Ghana News Agency (GNA) that China’s approach represented a fundamental shift toward genuine partnership rather than exploitation.  “The recent tariff elimination, infrastructure investments, and capacity-building programmes demonstrate that this is not merely diplomatic rhetoric but a comprehensive strategy for mutual development and shared prosperity,” he said. According to him, the quantifiable results from concrete infrastructure projects to measur...
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Digital payments economy in Africa expected to reach $1.5 trillion by 2030 according to new report
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Technology

Digital payments economy in Africa expected to reach $1.5 trillion by 2030 according to new report

Mastercard commits to powering the continent’s growth, delivering meaningful scale and tangible impact • Commitment underpinned by strategic investments, public-private partnerships, and market innovation initiatives • Focus on enabling MSMEs, scaling cross-border payments, and empowering fintech companies Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 trillion by 2030.  As a longstanding technology partner to Africa, Mastercard continues to strengthen its commitment to the continent’s digital growth through strategic investments, public-private partnerships, ...
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President Mahama calls for strategic investments in Africa 
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News

President Mahama calls for strategic investments in Africa 

President John Dramani Mahama has called on the international community to invest in Africa to unlock the continent's potential.  "To achieve sustainable development, we envision those strategic investments in health, education, energy, technology, and infrastructure, are crucial," he stated.  "It is noteworthy, however, that the financing gap for these investments is substantial."  President Mahama, who is the Champion on African Union (AU) Financial Institutions said this in his keynote address at the Heads of State and Government breakfast dialogue held at the AU Commission headquarters in Addis Ababa, Ethiopia.  The event on the theme, "Africa at the forefront: Mobilizing African Investment and Financing for Implementing Agenda 2063", was held on the sideline...
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TCL Reinforces Its Leadership in Air Conditioning with Cutting-Edge Innovations at an Exclusive Event in Wuhan
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Technology

TCL Reinforces Its Leadership in Air Conditioning with Cutting-Edge Innovations at an Exclusive Event in Wuhan

The event spotlighted TCL’s groundbreaking air conditioning innovations, advanced manufacturing capabilities at TCL’s Intelligent Manufacturing Centre, and tailored solutions for the MEA region. TCL Electronics, a global leader in consumer technology and the world’s top two TV brand, successfully hosted its first ever exclusive industry gathering in Wuhan, China. Bringing together key dealers, media representatives, and influencers from the Middle East & Africa region for the TCL Air Conference - "Air to Future, Sail to Success,", this milestone event showcased TCL’s technological excellence, revolutionary air conditioning innovations, and the precision engineering of its cutting-edge Wuhan Intelligent Manufacturing Centre....
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Raxio Group, Africa’s Most Expansive Data Centre Network, Appoints Robert Skjødt as CEO
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Technology

Raxio Group, Africa’s Most Expansive Data Centre Network, Appoints Robert Skjødt as CEO

Raxio Group, the data centre provider with the widest footprint across African markets, has appointed Robert Skjødt as Chief Executive Officer. Leveraging his extensive background in management of infrastructure development and operations across Africa, Skjødt will spearhead Raxio's next phase of expansion, planning to at least double the company's presence across the continent within the next three years. Skjødt brings more than 30 years of experience, with a career that spans leadership roles in major energy, renewables and infrastructure firms worldwide. For the last decade he focused on Africa, where he led the creation of BTE, a pan-African renewable energy company, which was acquired by global energy giant Engie in 2023. Skjødtpreviously held senior positions a...
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Africa Tech Festival 2024 celebrates the trailblazers shaping Africa’s tech future
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Technology

Africa Tech Festival 2024 celebrates the trailblazers shaping Africa’s tech future

Africa Tech Festival (www.AfricaTechFestival.com) 2024 wrapped up last week, marking the most successful edition in the event’s 27-year history. Organised by Informa Tech, the event is Africa’s most extensive showcase of enterprise tech innovation, bringing together influential founders, business leaders, policymakers, investors, and startups. Building on the momentum of the event's first two days, the final day kicked off with an opening address by Alderman James Vos, Mayoral Committee Member for Economic Growth, City of Cape Town. Commenting on the host city’s standing as a leading tech hub hosting 51% of South Africa's startups, he emphasised Cape Town’s focus on skills development in AI and tech in particular, reiterating his excitement at “making Cape Town a focal point for Af...
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