Afripreneur Archives - African Leadership Magazine https://www.africanleadershipmagazine.co.uk/category/afripreneur/ Most Reliable Source for Afro-centric News Fri, 17 Jan 2025 11:38:49 +0000 en hourly 1 https://wordpress.org/?v=6.2.6 https://www.africanleadershipmagazine.co.uk/wp-content/uploads/2019/01/cropped-289x96-32x32.jpg Afripreneur Archives - African Leadership Magazine https://www.africanleadershipmagazine.co.uk/category/afripreneur/ 32 32 Daisy Danjuma: Redefining Power, Influence, and Purpose https://www.africanleadershipmagazine.co.uk/daisy-danjuma-redefining-power-influence-and-purpose/ Fri, 10 Jan 2025 11:35:05 +0000 https://www.africanleadershipmagazine.co.uk/?p=65002 What happens when power meets purpose and influence becomes a tool for transformation? Daisy Danjuma’s extraordinary journey offers a tantalising glimpse into the possibilities. Few figures in Africa’s history command.

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What happens when power meets purpose and influence becomes a tool for transformation? Daisy Danjuma’s extraordinary journey offers a tantalising glimpse into the possibilities.

Few figures in Africa’s history command attention like Daisy. Danjuma—a woman whose life story reads like a gripping narrative of ambition, resilience, and extraordinary triumphs. From the courtroom to the Senate, and now at the helm of a major corporate empire, her journey has been one of breaking barriers and rewriting the script of what’s possible for women in Africa. But even as her legacy takes shape, one can’t help but wonder: what will Daisy Danjuma conquer next?

Born into a family that instilled the values of service and excellence, Daisy’s ascent was inevitable—but the heights she would reach were unimaginable. With a law degree from Ahmadu Bello University, she stormed into Nigeria’s legal scene with a fire that couldn’t be ignored. Her mastery of corporate law made her indispensable to high-profile clients navigating Nigeria’s turbulent economic and legal landscape. Yet, for Daisy, the courtroom was just the beginning.

In 2003, she stunned many by stepping into politics, entering a Senate often dominated by men. Representing Edo South Senatorial District, she wasted no time making her presence felt. Her debates were bold, her bills transformative, and her advocacy for women and children relentless. But beneath her legislative achievements lay a deeper question: Ws Nigeria ready for the kind of change Daisy was determined to bring? Her bold reforms and tireless work on women’s rights left critics scrambling and allies rallying behind her.

Even outside the Senate, her drive to empower women took on a life of its own. Daisy’s advocacy wasn’t confined to speeches or policies—it was action-orientated, creating opportunities for women in education, business, and politics. She championed causes that others feared to touch, building a legacy that continues to ripple through generations.

But just when it seemed Daisy had reached the pinnacle of her influence, she pivoted yet again—this time into the high-stakes world of business. As Vice Chair of South Atlantic Petroleum (SAPETRO), Daisy brought the same tenacity and strategic brilliance that defined her earlier career. Under her watch, SAPETRO expanded its footprint across Africa, venturing into oilfields that seemed out of reach. Her sharp business instincts turned challenges into triumphs, cementing SAPETRO’s place as a major player in the energy sector.

Yet behind the boardroom doors, Daisy wasn’t just chasing profit—she was redefining what ethical leadership looks like in an industry often mired in controversy. Her commitment to corporate governance, transparency, and sustainability earned her admiration and respect, but it also raised an intriguing question: how far could this bold visionary take Africa’s energy ambitions?

Her philanthropic pursuits add another layer to her enigmatic persona. Whether funding healthcare initiatives, empowering underserved communities, or championing education, Daisy’s impact has been profound. But for every life she’s touched, there’s a growing anticipation of what comes next. Her vision for a fairer, more equitable society feels like a promise yet to be fulfilled—and one can’t help but feel the weight of what’s still to come.

Daisy Danjuma’s journey is intriguing. With each step, she has defied expectations, conquered uncharted territories, and set new standards for leadership. But her story is like an unfinished symphony—every accomplishment, every bold move, leaves us wondering about the crescendo that lies ahead.

 

Will she expand her influence further, perhaps onto a global stage? Will her advocacy for women reshape the continent in ways we can’t yet imagine? Or will her next act, as always, take us by surprise? For Daisy Danjuma, the future is not a destination—it is an evolving masterpiece. And for those of us watching, the suspense is irresistible.

One thing is certain: Daisy Danjuma is far from done. Her story is a testament to the power of vision, resilience, and a restless spirit. unwilling to settle. As the chapters of her life continue to unfold, the world waits, breathless, to see how this extraordinary trailblazer will write the next page.

 

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Diaspora Investments and Urban Farming: A Growing Opportunity for Africa https://www.africanleadershipmagazine.co.uk/diaspora-investments-and-urban-farming-a-growing-opportunity-for-africa/ Mon, 30 Dec 2024 09:40:59 +0000 https://www.africanleadershipmagazine.co.uk/?p=64788 As Africa’s urban populations rapidly increase, so does the demand for food. By 2050, more than 1.5 billion people are projected to live in African cities, placing significant pressure on.

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As Africa’s urban populations rapidly increase, so does the demand for food. By 2050, more than 1.5 billion people are projected to live in African cities, placing significant pressure on agricultural systems. Urban farming is showing promise as a potential solution, and at the same time, the African diaspora—spread across the globe—offers an untapped resource for addressing the continent’s food security challenges.

 

The Role of Diaspora Investments in African Agriculture

In 2023, the African diaspora sent an estimated US$90 billion in remittances, a sum that surpasses both Foreign Direct Investment (FDI) and official development assistance (ODA) to the continent, according to the World Bank. This capital is essential for many African families, especially in rural areas where it helps support basic needs and local enterprises. In addition to remittances, diaspora communities are also an emerging source of direct investments in sectors such as agriculture.

 

READ ALSO: AfDB invests €84 million in Cameroon livestock and fish farming

 

The International Fund for Agricultural Development (IFAD) estimates that remittances contribute to more than 40% of the income of households in some Sub-Saharan countries. This wealth is already being redirected toward improving local agriculture, and there is growing interest in using these funds for urban farming projects. In 2023, the diaspora’s investments helped transform agricultural practices in countries such as Ghana, Nigeria, and Kenya, where they funded everything from irrigation systems to climate-resilient farming techniques.

 

Beyond remittances, the diaspora also contributes through more formal investment channels. A report from the African Development Bank (AfDB) highlights that diaspora investments in agriculture could exceed US$5 billion annually by 2030 if properly channelled into sustainable urban farming projects. These investments can drive large-scale agricultural transformation and foster innovation in urban food production systems, creating job opportunities and reducing urban food dependency.

 

A Sustainable Solution for Africa’s Growing Cities

Urban farming, the practice of growing food within cities on rooftops, vacant lots, or through vertical farming, has proven to be a sustainable solution to food security in Africa. According to a report from the Food and Agriculture Organization (FAO), the urban farming market is expected to grow at a rate of 7.4% annually between 2024 and 2029, driven by the need for fresh, local food and innovative technologies in city spaces.

 

In Kenya, urban farming is gaining popularity as a way to combat food insecurity. Nairobi, the capital city, has seen significant growth in urban farming projects supported by both government and private sector investment. For instance, the Kenya Urban Food Farming Program, which integrates new farming technologies such as hydroponics and aquaponics, has increased food production in the city by more than 15% over the past five years. In Nairobi alone, more than 10,000 households have benefited from urban farming initiatives, with many receiving training and support through partnerships with local governments and international organizations.

 

Urban farming also contributes to environmental sustainability. With climate change threatening traditional agricultural practices, urban farming has the potential to reduce the environmental impact of food production. It uses less land, less water, and fewer chemical inputs, making it a more sustainable model for future generations. According to a study by the University of Nairobi, urban farming practices funded by the diaspora have reduced water usage by up to 30% compared to traditional farming methods.

 

Impact of Diaspora Investments on Urban Farming Initiatives

Diaspora investments in urban farming are not only focused on providing capital but also on fostering innovation and introducing modern agricultural techniques. In 2023, a consortium of investors from the African diaspora in the UK and the US funded the development of an urban farming hub in Lagos, Nigeria. The initiative aimed to create a model for sustainable farming in urban areas, using vertical farming and renewable energy to reduce costs and environmental impact.

 

One success story is in Mali, where the Malian diaspora has been instrumental in introducing new farming techniques in urban areas. Their investments have led to a 25% increase in food production in Bamako, the country’s capital, and have provided new jobs for young people in agriculture. According to the International Fund for Agricultural Development (IFAD), these investments have also improved local resilience to climate change, helping farmers adapt to shifting weather patterns and soil degradation.

 

Challenges and Opportunities for Diaspora Investments

While the potential for diaspora-driven urban farming initiatives is clear, several challenges persist. Inadequate infrastructure, regulatory barriers, and limited access to finance remain major obstacles to scaling these initiatives across Africa. A 2023 report by the World Bank noted that less than 10% of African farmers—urban farmers included—have access to formal credit, making it difficult for them to invest in necessary tools, technologies, and infrastructure.

 

However, there are opportunities to overcome these challenges. Financial instruments such as diaspora bonds, impact investment funds, and social enterprises are gaining traction as ways to direct capital into urban farming projects. In 2023, Nigeria launched a diaspora bond specifically targeting agricultural development, which has the potential to raise billions for food security initiatives in urban areas. The success of such models can inspire other African nations to follow suit, creating a favourable environment for sustainable urban farming investments.

 

Diaspora investments are increasingly shaping the future of agriculture in Africa. As cities grow and the need for sustainable food solutions becomes more urgent, these investments are helping to drive the development of innovative farming practices in urban areas. With the continued involvement of diaspora communities, urban farming across the continent is poised to evolve into a key force in meeting the challenges of food security and urban growth.

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Innovate Africa: Igniting Change with an Angel Fund https://www.africanleadershipmagazine.co.uk/innovate-africa-igniting-change-with-an-angel-fund/ Tue, 06 Aug 2024 08:43:56 +0000 https://www.africanleadershipmagazine.co.uk/?p=62435 In the dynamic landscape of African entrepreneurship, the Innovate Africa Fund has emerged with a bold vision to empower early-stage startups. Earlier in the year, Innovate Africa launched an ambitious.

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In the dynamic landscape of African entrepreneurship, the Innovate Africa Fund has emerged with a bold vision to empower early-stage startups. Earlier in the year, Innovate Africa launched an ambitious $2.5 million angel investment fund aimed at transforming the African startup landscape. The founders said this Angel Fund is more than just a financial investment; it aims to build a sustainable ecosystem that fosters innovation, leadership, and long-term success. We spoke with the co-founder Kristin Wilson, who is behind the initiative to explore their motivations and the unique resources they offer.

Their approach, rooted in the “Cash Plus” principle, extends beyond capital investment. Innovate Africa Fund provides practical resources, including governance, compliance, product development, and legal support, ensuring startups can successfully navigate their journey from concept to market success. This interview delves into how the fund is poised to transform Africa’s startup landscape, setting a new standard for supporting early-stage founders.

Excerpt

Can you explain the motivations behind setting up the Angel Fund?

Our motivations are intentional. We see the incredible work being done by hubs, incubators, angels, and syndicates and recognise an opportunity to amplify these efforts by injecting capital at early stages. Our objective is to enhance the ecosystem, creating robust investment opportunities for venture capital (VC) funds, which are increasingly concerned about the quality of their deal pipelines. Despite talk of a “VC winter,” VCs are seeking higher-quality deals, and our goal is to address this need.

How does the Innovate Africa Fund plan to support early-stage African founders beyond financial investment? What unique resources do you offer?

The Innovate Africa Fund is part of the Innovate Africa Foundation, which also includes initiatives like workforce and job creation programs and a product leadership accelerator. The “Cash Plus” principle guides our work, meaning we provide not just capital but also practical resources like governance, compliance, PR, product development, and legal support.

Investing at the earliest stages, we don’t just provide capital; we bring together the right resources to help founders refine their value propositions, identify their customer base, and achieve product-market fit. This approach ensures a transformative impact on the continent.

With over 34 African startups under your belt, how does this experience inform your approach as the fund manager?

This role involves continuous learning and a great deal of humility. Having backed startups across continents, we’ve seen the mistakes made by investors, supporters, and founders alike. Both Christian and I are also founders, so we understand these challenges from multiple angles.

Our combined experiences enable us to guide founders in avoiding pitfalls, asking the right questions, and seeking the right resources within the ecosystem. This is the principle behind our approach.

How do the criteria for screening founders—character, credibility, capacity, courage, competence, and context—guide your selection process?

Our criteria help us quickly identify if a venture is a right fit. For example, we assess character by looking for grit, integrity, and humility. Credibility involves evaluating the founder’s track record, while capacity considers their energy and time commitment. Competence is measured by intelligence, experience, and skill set.

Context involves assessing market timing and the scope of the problem or opportunity. Courage is about the founder’s boldness and commitment to drive the venture forward, even when the vision is not yet fully realised.

How does your Angel Fund plan to address the gap in early-stage funding and foster sustainable growth?

Our positioning is intentional. While we have relationships with venture capital institutions eager to support founders, our goal is to play a critical role in the early stages, helping startups transition from MVP to product-market fit.

We also provide a “Cash Plus” strategy, equipping founders with networks, resources, and experts to navigate each stage of their journey. Our approach ensures that startups receive the support they need to grow sustainably.

What role do you see the African diaspora playing in supporting Innovate Africa?

The African diaspora is crucial to our success. Comprising some of the most accomplished and talented individuals globally, the diaspora can serve as mentors, advisors, investors, or even founders. Their expertise, networks, and exposure are invaluable to what we aim to achieve with Innovate Africa.

We believe the diaspora will be our partners throughout the ventures we back, raising visibility and extending our transformative impact beyond the continent.

Could you share a success story or example of the impact the Innovate Africa Fund has had on a startup?

Although we have just launched the fund and haven’t yet deployed capital, Christian’s work with companies like Amazon, the Merrill Group, and Interswitch demonstrates the high-level support we aim to replicate for early-stage companies. By addressing issues early, we aim to prevent significant challenges later and enhance startups’ chances of achieving product-market fit.

What are your goals for the fund over the next few years, and how do you envision fostering economic innovation across the continent?

Our goals are ambitious. We aim to create tens of thousands, eventually hundreds of thousands, and even millions of jobs through the ventures we back. We want to enhance the quality of life and create more opportunities for innovation and prosperity.

In the short term, our focus is on catalysing more early-stage capital. We hope to attract global attention and more angel investors to support this phase. By providing proactive support, we can help founders with unique visions and great ideas succeed, transforming the continent’s narrative over the next two to three decades.

 

 

 

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Optimizing Egypt’s Food Value Chain with Cutting-Edge Technology https://www.africanleadershipmagazine.co.uk/optimizing-egypts-food-value-chain-with-cutting-edge-technology/ Thu, 20 Jun 2024 10:21:37 +0000 https://www.africanleadershipmagazine.co.uk/?p=61415 Over the years, Egypt has been recognized as the cradle of civilization and a nation synonymous with the Nile’s fertile bounty, however, this nation also faces a crucial challenge in.

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Over the years, Egypt has been recognized as the cradle of civilization and a nation synonymous with the Nile’s fertile bounty, however, this nation also faces a crucial challenge in its food system: inefficiency within the food value chain. From pre-harvest losses to post-harvest spoilage, inefficiencies translate to food insecurity, lost revenue for farmers, and rising consumer prices. Nevertheless, a new wave of innovation is transforming the landscape.

 

By embracing cutting-edge technologies, Egypt can optimize its food value chain, ensuring food security, boosting agricultural productivity, and empowering its farmers, no wonder, Dr. Aisha el-Sadda, a food security Expert in Egypt opined that, “Optimizing the food value chain is not just about minimizing waste; it’s about empowering our farmers and creating a more sustainable food system for future generations.” Seconded by Dr. Abdel Moneim El Banna, Minister of Agriculture and Land Reclamation, Egypt. “We must embrace innovation and technology to address inefficiencies in our food system and ensure food security for our nation.”

 

Statistics Reveal the Need for Change

The statistics paint a concerning picture. According to the Food and Agriculture Organization (FAO), Egypt loses roughly 35% of its fruits and vegetables due to post-harvest.  This translates to millions of tons of wasted food annually, threatening national food security and impacting the livelihoods of farmers.

Furthermore, a 2023 report by the World Bank highlights the challenge of pre-harvest losses, particularly for staple crops like wheat. The report estimates pre-harvest losses for wheat in Egypt to be around 10%, often due to inefficient irrigation practices and pest management [World Bank, 2023].

 

Cutting-edge technologies offer a plethora of solutions to optimize Egypt’s food value chain:

Precision Agriculture: Utilizing sensors, drones, and data analytics, farmers can gain real-time insights into soil health, water stress, and crop growth. This allows for targeted application of fertilizers, pesticides, and irrigation, reducing waste and maximizing yields.

 

Smart Irrigation Systems:  These systems use sensors and automation to deliver water precisely when and where crops need it, minimizing water waste and optimizing resource allocation.

 

Controlled-Environment Agriculture (CEA):  Greenhouse and vertical farming technologies offer climate-controlled environments for growing crops year-round, reducing dependence on weather patterns and minimizing pre-harvest losses.

 

Cold Chain Technologies:  Investing in efficient cold storage facilities and refrigerated transport infrastructure can dramatically reduce post-harvest spoilage of fruits, vegetables, and other perishable goods.

 

Blockchain Technology:  Blockchain can enhance food traceability, allowing consumers to track the origin and journey of their food, fostering trust and transparency within the system.

 

Success Stories: Pioneering Innovation in the Egyptian Food System

Over the years, success stories have abided in the Egyptian food system.  The Toshka Project and Nawarat Agricultural Development Company are large-scale agricultural development projects that use advanced irrigation systems, precision agriculture techniques, and greenhouses to maximize land use and promote water conservation. The Egyptian Farmers’ Union (EFU) has launched an online platform that connects farmers with consumers, bypassing middlemen and increasing profit margins, while offering access to fresh produce.

 

However, despite the immense potential, several challenges require attention. The importance of ensuring access to technology for small-scale farmers in Egypt, bridging the digital divide, providing necessary training, and investing in infrastructure development to support adopting technology-driven solutions. It also highlights the need for government subsidies and financing options to ensure equitable access to technology and training for all farmers, ultimately maximizing their impact.

 

READ ALSO: Is the African Market ready for e-Power Hybrid Vehicles?

 

Recommendations for a Sustainable Future Egypt’s Food Value Chain

Optimizing Egypt’s food value chain requires a collaborative approach involving various stakeholders. The government should invest in rural infrastructure, digital literacy programs for farmers, and financial aid for technology adoption. Public-private partnerships between government agencies, research institutions, and private companies can foster innovation and accelerate technology transfer. Supporting farmer cooperatives can provide small-scale farmers with greater bargaining power and collective investment in technology. Optimizing the food value chain and promoting sustainable agricultural practices are crucial. Data-driven decision making will enable continuous improvement and address the evolving needs of the agricultural sector by collecting and analyzing data on the impact of these technologies.

 

“Out of the earth, the food that sustains us grows. Let us honor and give thanks to the hands that plant, that tend, and that harvest our food” – Egyptian poet, Khalil Gibran. By harnessing technology’s potential, Egypt can honor the hands of its farmers, nourish its people, and write a new chapter in its agricultural story – one marked by efficiency, innovation, and a commitment to abundance for generations to come.

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Dr. Patrick Bitature, Chairman, Simba Group, is the African Industrialist of the Year https://www.africanleadershipmagazine.co.uk/dr-patrick-bitature-chairman-simba-group-is-the-african-industrialist-of-the-year/ Mon, 12 Feb 2024 09:57:02 +0000 https://www.africanleadershipmagazine.co.uk/?p=60115 Dr. Patrick Bitature, the Chairman of Simba Group, has been recognised as the African Industrialist of the Year at the 12th African Persons of the Year Awards 2024 for his.

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Dr. Patrick Bitature, the Chairman of Simba Group, has been recognised as the African Industrialist of the Year at the 12th African Persons of the Year Awards 2024 for his contributions towards positive economic development in Africa.

 

Dr. Bitature’s recognition as the African Industrialist of the Year is fitting for his business accomplishments and notable contributions to the economic growth and development of Uganda and Africa. This recognition emphasises his impact on job creation, economic development, and investments across key sectors such as telecoms, energy, mining, and real estate.

 

Bitature will be presented with this award at the event scheduled from February 22nd to February 23rd, 2024. With the theme “Building Resilient African Economies,” the forthcoming year’s event is expected to draw in over 300 attendees, including academics, business executives, industry titans, legislators, investors, and representatives of international development organisations.

Also, the event promises roundtable panel discussions, keynote addresses, talks about partnerships and investments, and high-level networking opportunities, among its main attractions. ALM Persons of the Year winners will also receive awards during the ceremony, which will also feature the unveiling of the special POTY edition of African Leadership Magazine.

Other exclusive dignitaries confirmed to attend the event include His Excellency William Ruto, President of the Republic of Kenya; His Excellency George Weah, the former President of Liberia; Hon. Cllr. Fonati Koffa, the speaker of the Liberia House of Representatives; and His Excellency Rodrigo Guzmán Barro, the Ambassador, Embassy of Chile in Addis Ababa. The Hon. Dr. Kailesh Jagutpal, the Minister of Health and Wellness, Mauritius; Ngozi Ekeoma, the CEO of NAPAL Petroleum; Dr. Adesola Kazeem Adeduntan (FCA), the Group CEO of First Bank of Nigeria; Apostle Michael Adeyemi Adefarasin, Chief Servant, Kingdom Lifeline Apostolic Ministries International; Daniel Asiedu, the Managing Director of the OmniBSICBank, Accra, Ghana; Mr. Henry Fallah Saamoi, the Chief Executive Officer of the International Bank (Liberia) Limited, Monrovia, Liberia; Mr. Gil Bires, the Director-General of Investment and Export Promotion Agency (APIEX-Mozambique); and Mr. Mike Kamungeremu, the President of the Zimbabwe National Chamber of Commerce (ZNCC), among many others.

About ALM Persons of the Year (POTY)

The ALM Persons of the Year (POTY) Ceremony is a flagship annual event of the African Leadership Magazine, which has been held consecutively over the past 12 years, convening policymakers, private sector leaders, civil society leaders, thought leaders, and all stakeholders from across Africa and the rest of the world to discuss issues bothering Africa’s socio-economic growth and development. The event has also become a prestigious platform for honouring people-centred leadership and Africans who are pursuing a pan-African agenda in their chosen fields of endeavour.

About African Leadership Magazine

Published by the African Leadership Organization (UK), the African Leadership Magazine focuses on presenting the best of Africa to a global audience. It shares the African story from an African perspective, offering solutions to current challenges on the continent. For the past 16 years, the organisation has dedicated itself to promoting impactful leadership and African opportunities globally through quality Afro-positive content, African trade facilitation, market entry solutions, Afro-centric communities, business networking platforms, and public sector training and consulting.

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Tein TS. Jack-Rich to Receive African Philanthropist of the Year Award https://www.africanleadershipmagazine.co.uk/tein-ts-jack-rich-to-receive-african-philanthropist-of-the-year-award/ Mon, 12 Feb 2024 09:52:38 +0000 https://www.africanleadershipmagazine.co.uk/?p=60111 The President and Founder of Balema Oil Producing Limited, Mr. Tein T. S. Jack-Rich, has been awarded the African Philanthropist of the Year at the 12th African Persons of the.

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The President and Founder of Balema Oil Producing Limited, Mr. Tein T. S. Jack-Rich, has been awarded the African Philanthropist of the Year at the 12th African Persons of the Year Awards 2024 for his contributions towards socioeconomic development in Africa.

 

The award recognises Mr. Jack-Rich’s philanthropic efforts and significant contributions to the socioeconomic development of Nigeria. His strides in community development, including awarding scholarships and providing potable water to struggling communities, showcase his commitment to uplifting communities and his passion for providing for the vulnerable groups in society.

 

Jack-Rich will be presented with this award at the event scheduled from February 22nd to February 23rd, 2024. With the theme “Building Resilient African Economies,” the forthcoming year’s event is expected to draw in over 300 attendees, including academics, business executives, industry titans, legislators, investors, and representatives of international development organisations.

Also, the event promises roundtable panel discussions, keynote addresses, talks about partnerships and investments, and high-level networking opportunities, among its main attractions. ALM Persons of the Year winners will also receive awards during the ceremony, which will also feature the unveiling of the special POTY edition of African Leadership Magazine.

Other exclusive dignitaries confirmed to attend the event include His Excellency William Ruto, President of the Republic of Kenya; His Excellency George Weah, the former President of Liberia; Hon. Cllr. Fonati Koffa, the speaker of the Liberia House of Representatives; and His Excellency Rodrigo Guzmán Barro, the Ambassador, Embassy of Chile in Addis Ababa. The Hon. Dr. Kailesh Jagutpal, the Minister of Health and Wellness, Mauritius; Ngozi Ekeoma, the CEO of NAPAL Petroleum; Dr. Adesola Kazeem Adeduntan (FCA), the Group CEO of First Bank of Nigeria; Apostle Michael Adeyemi Adefarasin, Chief Servant, Kingdom Lifeline Apostolic Ministries International; Daniel Asiedu, the Managing Director of the OmniBSICBank, Accra, Ghana; Mr. Henry Fallah Saamoi, the Chief Executive Officer of the International Bank (Liberia) Limited, Monrovia, Liberia; Mr. Gil Bires, the Director-General of Investment and Export Promotion Agency (APIEX-Mozambique); and Mr. Mike Kamungeremu, the President of the Zimbabwe National Chamber of Commerce (ZNCC), among many others.

About ALM Persons of the Year (POTY)

The ALM Persons of the Year (POTY) Ceremony is a flagship annual event of the African Leadership Magazine, which has been held consecutively over the past 12 years, convening policymakers, private sector leaders, civil society leaders, thought leaders, and all stakeholders from across Africa and the rest of the world to discuss issues bothering Africa’s socio-economic growth and development. The event has also become a prestigious platform for honouring people-centred leadership and Africans who are pursuing a pan-African agenda in their chosen fields of endeavour.

About African Leadership Magazine

Published by the African Leadership Organization (UK), the African Leadership Magazine focuses on presenting the best of Africa to a global audience. It shares the African story from an African perspective, offering solutions to current challenges on the continent. For the past 16 years, the organisation has dedicated itself to promoting impactful leadership and African opportunities globally through quality Afro-positive content, African trade facilitation, market entry solutions, Afro-centric communities, business networking platforms, and public sector training and consulting.

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Something about Sahle-Work Zewde, President of Ethiopia https://www.africanleadershipmagazine.co.uk/something-about-sahle-work-zewde-president-of-ethiopia/ Tue, 06 Feb 2024 11:40:31 +0000 https://www.africanleadershipmagazine.co.uk/?p=60075  Ethiopia, a nation with a lengthy and fascinating history, has seen a dramatic change recently. The country has experienced swift economic expansion, social transformations, and political shifts that have altered.

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 Ethiopia, a nation with a lengthy and fascinating history, has seen a dramatic change recently. The country has experienced swift economic expansion, social transformations, and political shifts that have altered its terrain and prospects for the future. The rise of women in leadership roles across a range of industries and societal levels, particularly in the nation’s highest office, is one of the most noteworthy developments.

The only female head of state in Africa and the first female president of Ethiopia, Sahle-Work Zewde, has served as both a symbol and a catalyst for this transformation. She is an experienced UN veteran and diplomat who was unanimously appointed by parliament in 2018 after Mulatu Teshome resigned. Her election was widely celebrated as a historic turning point for women’s empowerment and gender equality in Ethiopia and beyond.

However, what is the background of Sahle-Work Zewde, and what accomplishments has she made as president? What opportunities and challenges did she create for herself and other female leaders in Ethiopia and Africa? What is her legacy, and how has she affected the nation and the continent? By giving a summary of her accomplishments, challenges as the president of Ethiopia, and personal and professional life, this article will address these questions.

Background in both personal and professional domains

Sahle-Work Zewde, who was of Amhara and Gurage descent, was born in Addis Ababa in 1950. She is the eldest of four children born. She completed her primary and secondary education at Lycée Guebre-Mariam in Addis Abeba before enrolling at the University of Montpellier in France to pursue her studies in natural science. She speaks English, French, and Amharic with ease.

In 1988, she moved on to the Ministry of Foreign Affairs after starting her career in the Ministry of Education. She succeeded Yodit Emiru as the second female ambassador in Ethiopian history. She represented both the post-civil war Transitional Government of Ethiopia and the communist People’s Democratic Republic of Ethiopia as an ambassador.

She served in a number of diplomatic roles in Europe and Africa, including those of Permanent Representative to the African Union, the United Nations Economic Commission for Africa (ECA), the United Nations Educational, Scientific, and Cultural Organisation (UNESCO), and Ambassador to Senegal, Djibouti, France, Tunisia, and Morocco. In the Ethiopian Ministry of Foreign Affairs, she also held the position of Director-General for African Affairs.

She became the first African woman to hold the position of Special Representative of the UN Secretary-General (SRSG) when she joined the organisation in 2009 and held the position of Head of the UN Integrated Peace-building Office in the Central African Republic (BINUCA). At the rank of Under-Secretary-General, she was named the United Nations Office in Nairobi’s (UNON) first dedicated Director-General in 2011. She became the first woman to hold these two positions when Secretary-General Antonio Guterres appointed her in June 2018 as both his Special Representative to the African Union and the Head of the United Nations Office to the African Union (UNOAU).

Accomplishments and Challenges as President

Sahle-Work Zewde’s role as president of Ethiopia is primarily ceremonial because the prime minister and the cabinet hold executive authority. Nonetheless, she has advanced numerous causes and initiatives that are crucial for the nation and the continent by using her position and influence, particularly in the fields of gender equality, development, peace, and security.

Among her noteworthy accomplishments and difficulties as president are:

Encouraging harmony and peacemaking throughout the Horn of Africa: Sahle-Work Zewde has been a strong advocate for Ethiopia and Eritrea’s peace and normalisation process, which put an end to their 20 years of hostility and ushered in a new era of regional cooperation and integration. Additionally, she has pushed for the improvement of regional cooperation and integration via IGAD and the African Union, as well as the settlement of conflicts and crises in nearby nations like South Sudan, Sudan, and Somalia. In addition, she has taken part in a number of high-level conferences and summits on peace and security matters, including the Munich Security Conference in 2020, the African Union Summit in 2021, and the Inter-Korean Summit in 2019.

Promoting Gender Equality and Women’s Empowerment:Many women and girls in Ethiopia and throughout Africa have looked up to Sahle-Work Zewde as a role model and mentor, encouraging them to follow their goals and aspirations. In addition, she has promoted women’s and girls’ rights and participation in all aspects of life by using her platform to advocate for the abolition of all forms of violence and discrimination against them. She has backed a number of campaigns and initiatives aimed at empowering women and girls, including the Generation Equality Forum, the HeForShe movement, the African Women Leaders Network, and the African Union Gender Equality and Women Empowerment Strategy. The appointment of a gender-balanced cabinet by Prime Minister Abiy Ahmed in 2018 and the election of Ngozi Okonjo-Iweala as the first African and woman to be appointed as Director-General of the World Trade Organisation in 2021 are just two examples of the accomplishments she has supported and celebrated by other women leaders in Ethiopia and Africa. and the 2017 selection of Amina Mohammed to serve as the UN’s Deputy Secretary-General.

Moving forward with climate action and sustainable development: Sahle-Work Zewde has been a steadfast supporter of putting into practice the two main frameworks for attaining inclusive and sustainable development in Ethiopia and Africa: the African Union’s Agenda 2063 and the 2030 Agenda for Sustainable Development. She has also underlined how critical it is to address the opportunities and problems brought about by the COVID-19 pandemic, which has severely impacted the social, economic, and health well-being of millions of people. She has demanded an equitable and well-coordinated response to the pandemic, as well as a creative, cooperative, and united recovery. She has also emphasized the urgency of addressing the existential threat posed by climate change, which is having an impact on many people’s security and means of subsistence, particularly the most marginalized and vulnerable. She has called for the adoption of the Paris Climate Agreement as well as strengthening Ethiopia’s and Africa’s ability to withstand the negative effects of climate change. She has also taken part in a number of conferences and events, including the UN Climate Action Summit in 2019, the UN Biodiversity Summit in 2020, and the Green Legacy campaign in Ethiopia, which has the goal of generating resources and action for sustainable development and climate action.

Legacy and Impact

Sahle-Work Zewde’s term as president is anticipated to expire in 2023, the year of Ethiopia’s next general elections. She has made a substantial contribution to the history and future of Ethiopia and Africa, so her influence and legacy will endure long after her term in office.

She has shown that women are capable of leading and succeeding in any industry or role and that their leadership is crucial to the development and prosperity of their continent and nation. She has also demonstrated that cooperation and partnership are essential for attaining development and tackling shared challenges, and that diplomacy and dialogue are the best means of settling disputes and fostering peace. She has also demonstrated that service and sacrifice are the purest forms of patriotism and that honesty and humility are the qualities of a true leader.

Sahle-Work Zewde has inspired and left a lasting impression on a lot of people, particularly women and girls, who want to be like her and change the world and their communities. She has also established a high bar and a great example for other leaders—particularly men—who must value and uphold the rights and social roles of women. In Ethiopia and throughout Africa, she has also opened doors and provided chances for more women to take on leadership roles and responsibilities.

Sahle-Work In addition to being the first female president of Ethiopia and the only head of state in Africa, Zewde is regarded as one of the most powerful and well-liked figures in global politics. She is a brave, wise, and visionary woman who has devoted her life and work to serving her continent and nation. She has fought for the rights and interests of her people as well as those of humanity; she is a woman of peace, justice, and dignity. She is a woman of distinction, accomplishment, and legacy who has changed Ethiopia’s and Africa’s prospects. no wonder Jane Doe, a political analyst, said, “Sahle-Work Zewde’s presidency exemplifies the transformative power of inclusive leadership, breaking barriers and inspiring a generation of women leaders.”

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From Passion to Impact: Meet the 10 Youth Leaders Shaping Ethiopia’s Future https://www.africanleadershipmagazine.co.uk/from-passion-to-impact-meet-the-10-youth-leaders-shaping-ethiopias-future/ Wed, 24 Jan 2024 11:30:15 +0000 https://www.africanleadershipmagazine.co.uk/?p=59870 Ethiopia is experiencing the emergence of a new generation of leaders in a country rich in ancient heritage and with a rapidly growing youth population. These youthful brains are paving.

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Ethiopia is experiencing the emergence of a new generation of leaders in a country rich in ancient heritage and with a rapidly growing youth population. These youthful brains are paving the way in various fields, including social entrepreneurship, technology development, education reform, and environmental advocacy. They are full of creative ideas and unflinching resolve. Nobel laureate and Kenyan environmentalist Wangari Maathai said, “African youth can be the stewards of our continent’s future.” They can foster an environmentally conscious, sustainable Africa that cherishes its abundant natural legacy.”

Here, we highlight ten of Ethiopia’s most bright young talents who are changing the country and encouraging others to do the same:

Abiy Ahmed, the Prime Minister of Ethiopia

Abiy Ahmed Ali, a politician from Ethiopia, has led the Prosperity Party and served as Ethiopia’s third prime minister. He started working quickly after he was inaugurated, enacting significant reforms in the areas of bolstering democracy, enhancing the economy, and settling the nation’s protracted border dispute with Eritrea. Thousands of political prisoners were freed during his first year in office, and some opposition groups were taken off the government’s list of groups it considered to be terrorist organizations. Subsequently, he and one of the parties struck a peace deal meant to put an end to the Ogaden region’s more than thirty years of conflict.

Netsanet Alem, UN Environmental Champion

This 26-year-old activist for the environment is the creator of the grassroots organisation Let’s Do It! Ethiopia, which organises thousands of volunteers to clear the nation of plastic waste. Because of Netsanet’s leadership, over 100,000 tonnes of rubbish have been removed, earning her a spot on Forbes’ 30 Under 30 list and recognition as a UN Environment Champion.

Hiwot Gebremeskel

The field of struggle for Hiwot is education. The organization Girl Up Ethiopia, which promotes girls’ education and empowerment, was formed by this 27-year-old social entrepreneur. Hiwot has assisted hundreds of girls in pursuing their aspirations and getting access to high-quality education through workshops, scholarships, and mentorship programs. She was listed on the BBC’s 100 Women list and received the Queen Elizabeth Young Leaders Award for her dedication.

Helen Tadesse, Advocate for Mental Health

In Ethiopia, Helen Tadesse has become a well-known proponent of mental health awareness. She has devoted her life to de-stigmatising mental health concerns, offering support networks, and promoting mental health legislation through her organisation, Mental Health Ethiopia. Because of Helen’s work, Ethiopian society is beginning to recognise the importance of mental health in achieving overall well-being.

Yohannes Gebregeorgis, the champion of literacy

Yohannes Gebregeorgis has devoted his life to encouraging young Ethiopians to become literate. As the initiator of the “Ethiopian Children’s Book Initiative,” he has pushed for the establishment of libraries and increased availability of books in marginalised areas. Yohannes thinks that promoting a culture of knowledge and understanding and helping Ethiopia’s youth reach their full potential both depend on reading.

Surafel Temesgen

Surafel’s interest is safeguarding Ethiopia’s rich cultural legacy. Through his engrossing documentaries, this 28-year-old director captures traditional stories, languages, and rituals. In addition to shedding light on Ethiopia’s rich cultural tapestry, Surafel’s work encourages appreciation and preservation initiatives. His films have screened at major film festivals and taken home honours, such as the Crystal Bear from the Berlin Film Festival.

Aya Chebbi, Leader of the Pan-African Youth Movement

The first-ever African Union Youth Envoy, Aya Chebbi, is a vibrant leader who has played a key role in inspiring young Africans to work together for growth and togetherness. Aya, who was born in Tunisia, is an advocate for youth rights and ambitions throughout the continent, reaching beyond national boundaries. She has promoted intercultural communication, teamwork, and the advancement of a pan-African agenda through her leadership.

Etenesh Diro, a sports icon and advocate for women’s empowerment

As a successful athlete and supporter of women’s empowerment, Etenesh Diro has broken down barriers in the sports industry. Beyond her accomplishments on the track, Etenesh has advocated for gender equality and increased participation in athletics among Ethiopian women by using her platform. Young females who want to follow their talents in normally male-dominated industries can find inspiration in her story.

Muna Liliso

Muna’s mission is to empower women by promoting their financial inclusion. Muna Money, a mobile money network that offers financial services to women in rural Ethiopia, was launched by this 29-year-old entrepreneur. Women can save, receive, and send money more easily with Muna Money, which increases their economic involvement and gives them more control over their resources. The Clinton Foundation and the World Economic Forum have both acknowledged Muna’s work.

The experiences of these 15 up-and-coming Ethiopian youth leaders demonstrate the variety of skill, enthusiasm, and inventiveness among the country’s youth. With regards to technology, environmental sustainability, gender equality, and human rights, these leaders are leading innovative projects that hold out hope for a better future for Ethiopia. Their efforts inspire other young Ethiopians to realise their potential and actively participate in the continuous process of progress and development as they continue to influence the course of the country. These up-and-coming leaders’ tenacity, dedication, and vision highlight how important it is for young people to lead Ethiopia towards positive transformation and sustainable progress.

Human rights advocate Zelalem Kibret states: “The youth of Ethiopia are like a flame that never goes out, unstoppable in their fight against injustice. As the bearers of the human rights torch, we demand transparency and pave the way for a society that is more just and equal.

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Spotlight on African Leaders Paving the Way for Green Transportation https://www.africanleadershipmagazine.co.uk/spotlight-on-african-leaders-paving-the-way-for-green-transportation/ Thu, 18 Jan 2024 11:06:45 +0000 https://www.africanleadershipmagazine.co.uk/?p=59770 In the bustling urban landscapes of Africa, a silent revolution is underway—one that transcends the clamour of rapid urbanisation and envisions a future where sustainability and green innovation drive the.

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In the bustling urban landscapes of Africa, a silent revolution is underway—one that transcends the clamour of rapid urbanisation and envisions a future where sustainability and green innovation drive the transportation agenda. As cities expand at unprecedented rates, the looming spectre of climate change and its ramifications cannot be ignored.Transportation, contributing to 25% of Africa’s energy consumption, faces emission challenges. Green transport solutions, including electric vehicles, aim to mitigate these challenges This article sheds light on the leaders championing sustainable transportation solutions and steering African cities towards a greener, more eco-conscious future.

African Cities: A Canvas of Evolution

African cities are experiencing an unparalleled transformation, mirroring the vigour of the Industrial Revolution. The impact of this metamorphosis is evident in the daily lives of city dwellers, which are shaped by both known and unknown forces. As we stand at the crossroads, it is predicted that African cities will become the largest megapolises in human history by 2100.

Research underscores the unique trajectory of the African continent, projected to be the sole region with a rapidly growing population by the end of this century. This surge is fueled by the influx of young people seeking their place in a rapidly evolving landscape, with urban hubs offering promising job prospects. The result? A forecasted population doubling to 2.5 billion in the next 25 years and the intriguing prospect that 13 of the world’s 20 largest cities will call Africa home—a dramatic increase of two from the current scenario.

Spotlight on Visionary Leaders

1. President Ruto: Navigating Nairobi’s Climate Agenda

In the heart of Kenya, President Ruto took centre stage during Nairobi’s inaugural Climate Summit. His firm stance against climate change and its impact on African cities was not confined to rhetoric. President Ruto, known for his environmental consciousness, made a powerful statement by opting for a small electric vehicle over the conventional entourage, symbolising the need for a sustainable future. This visionary choice resonates with the urgent call for creative solutions at all societal levels to combat climate change.

2. Paul Kagame: Rwanda’s Green Pioneer

President Paul Kagame of Rwanda has earned global accolades for spearheading eco-friendly initiatives in Kigali, the nation’s capital. Since outlawing plastic bags in 2008, Kigali has stood as Africa’s cleanest city. President Kagame’s commitment to sustainable development is evident through initiatives like car-free days and the creation of pedestrian-friendly infrastructure, aligning with the broader goal of electric mobility.

3. Strive Masiyiwa: Driving Eco-Innovation

Strive Masiyiwa, the driving force behind Econet Global and Cassava Technologies, has actively engaged in environmentally friendly transportation initiatives. His influence extends globally with electric vehicle projects, including the introduction of electric taxis in Zimbabwe. Masiyiwa’s commitment to reducing carbon emissions underscores the pivotal role technology companies can play in reshaping Africa’s transportation landscape.

Leapfrogging Towards Sustainable Transport

Globally, cities contribute over 70% of carbon dioxide emissions, largely due to fossil fuel-dependent transportation systems. African cities are witnessing a surge in personal car usage, intensifying the burden of greenhouse gas emissions. However, the opportunity for sustainable transformation lies within the urbanisation boom.

Dr. Akech E. Ochungo, a climate change expert and senior transportation lecturer, suggests a paradigm shift in urban planning. Inspired by concepts like the 15-minute city, Ochungo advocates for integrated land use and transport policies. This transformative approach entails creating self-contained neighbourhoods with efficient mass transit modes, embracing electric buses, cable cars, and clean energy-powered transportation.

Decarbonising African Cities: A Paradigm Shift

Urbanisation in Africa presents a unique opportunity to invest in sustainable transport systems, aligning with Sustainable Development Goal 11.2. By strategically organising neighbourhoods and implementing clean transport systems, African cities can drastically reduce per capita greenhouse gas emissions.

Global leaders, including Nicolas Peltier-Thiberge, the World Bank Global Director for Transport, express optimism about this approach. He believes that developing countries can pioneer transport infrastructure and services that require minimal ‘retrofitting’ for climate and livability, reducing the impact of urban growth on transport-related emissions.

In the pursuit of a sustainable transport system, Africa has the chance to be a trailblazer in new development frontiers. Initiatives like UNEP’s Share the Road programme, promoting non-motorised transport for active mobility, offer a roadmap to healthier and more sustainable cities. Embracing the 15-minute city model can usher Africa towards near-zero emissions, making it a beacon of hope for a greener, more sustainable future.

The journey towards sustainable transport is complex but essential. As Africa forges ahead into 2063, the realisation of a sustainable transport system remains a pivotal goal—one that demands innovative solutions, collective action, and a steadfast commitment to a brighter, greener tomorrow.

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2023: Groundbreaking Companies Initiated in Africa https://www.africanleadershipmagazine.co.uk/2023-groundbreaking-companies-initiated-in-africa/ Fri, 22 Dec 2023 22:04:08 +0000 https://www.africanleadershipmagazine.co.uk/?p=59614 Africa is developing, and so are its various sectors. The continent and its people are vigorously pursuing initiatives that will make it an industrialised continent that can easily create jobs.

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Africa is developing, and so are its various sectors. The continent and its people are vigorously pursuing initiatives that will make it an industrialised continent that can easily create jobs for its people and meet its own needs.

 

In pursuit of this goal, individuals, companies, and nations of Africa, alongside other established international companies and countries, are putting up manufacturing plants, companies, and the like in countries of Africa for different productions.

 

In 2023, there were a lot of factories and companies established and commissioned across African countries, but for this article, we will bring to the fore ten of the major ones that got inaugurated this year for the upliftment of the continent.

 

The biggest of them this year is the Dangote Oil Refinery in the Lekki free trade zone area of Lagos, Nigeria, which is the world’s largest single-train refinery.

 

The Dangote Oil Refinery is a 650,000 barrels per day integrated refinery project. It is targeted at producing up to 53 million litres of gasoline per day, coupled with 4 million litres of diesel and 2 million litres of aviation jet fuel per day.

 

The $20 billion refinery built by the Dangote Group is owned by Africa’s richest man, Aliko Dangote, and is considered to be a game changer in ending Nigeria’s fuel imports.

 

The refinery is expected to meet 100% of the Nigerian requirement for all refined products and also have a surplus of each of these products for export, just as the refinery is also projected to create a market for $21 billion per annum of Nigerian crude.

 

Known for its richness in cocoa products, Ghana was privileged to have the continent’s largest cocoa fruit factory, the Koa Cocoa Fruit Factory, inaugurated in its domain in August.

 

Owned by Ghanaian-Swiss startup Koa, the new factory will give room for the expansion of Koa’s production capacity and also allow it to work with an additional 10,000 cocoa smallholders in Ghana with the intent of transforming the cocoa industry.

 

Another fascinating launch this year is the manufacturing plant for mRNA vaccines in Africa, launched in Kigali, the Rwandan capital.

 

The plant launched by BioNTech, a leading biotechnology company, will focus on developing prophylactic mRNA vaccines targeting infectious diseases such as tuberculosis, malaria, and HIV, as well as diseases with epidemic and pandemic potential.

 

According to the company, preliminary production at the facility annually could amount to 50 million doses of a product that has an RNA process similar to that of the Pfizer-BioNTech COVID-19 vaccine.

 

The facility will be based on digitally enabled modular manufacturing units called the BioNTainer.

 

Still in Rwanda, the country also launched a fertiliser blending plant with an annual capacity to blend 100,000 metric tonnes of fertiliser.

 

The project is a joint venture between the government of Rwanda and OCP Africa, a Moroccan fertiliser manufacturing firm. The blending plant will offer value to Rwanda’s agriculture sector by importing fertilisers through conventional means and locally blending them in ratios to meet the specific needs of the people.

 

In Morocco, Netafim, an Orbia business and a global leader in precision agriculture solutions, launched its manufacturing plant in North Africa to enhance the successful implementation of precision irrigation and strengthen its agricultural sector.

 

The Netafim manufacturing plant came on board in Morocco to create an avenue for farmers in the country and other North African nations to enjoy the benefits of precision irrigation.

 

According to the Senior Vice President of Netafim’s EMEA division, Gal Yarden, the firm is expected to provide local farmers with state-of-the-art products and services as well as share its agronomic and technical expertise for greater yields and long-term sustainable agriculture practices.

 

The long-term goal of the plant is to help the region achieve food security and also address issues of climate change.

 

Moving to Zimbabwe, Prospect Lithium Zimbabwe, an arm of Chinese mining company Zhejiang Huayou Cobalt, opened a 300 million-dollar lithium processing plant in the country to maximise the availability of metal in the southern African nation.

 

Noted as the largest reserve of lithium in Africa and one of the world’s largest reserves of metal, Zimbabwe has attracted investors in need of lithium due to its need for electric car batteries.

 

The plant can process 4.5 million metric tonnes of hard rock lithium into concentrate for export per year, while the concentrate would be further processed into battery-grade lithium outside Zimbabwe.

 

For a start, the plant will begin by processing 450,000 tonnes of concentrate every year.

 

In the ICT sector, Kenya opened its first smartphone assembly plant, which is projected to produce low-cost 4G-enabled Neon 5 ‘Smarta’ and 6½ ultra mobile phones for Kenyans.

 

The firm, East Africa Device Assembly Kenya Limited (EADAK), is a joint venture of local mobile network operators Safaricom and Jamii Telecommunications and a Chinese mobile device dealer, Shenzhen TeleOne Technology.

 

This line is expected to create around 500 direct jobs for Kenyans, with a production of between 1.2 and 1.4 million smartphones annually.

 

Expectedly, the assembly line will create between 300 and 500 direct jobs and produce between 1.2 million and 1.4 million smartphones annually to help boost the Kenyan government’s agenda of engaging digital inclusion.

 

Kenya also witnessed another strategic investment in an electro-deposition paint plant in Isuzu, East Africa, commissioned in June by President William Ruto, making it the third such plant in Africa after the plants in North Africa and South Africa.

 

The electrodeposition plant will use electric current to ensure that paint reaches all surfaces of a vehicle, giving it an ultra-smooth finish while also saving time. It will ramp up production capacity for vehicle assemblers in its vicinity, Isuzu East Africa, as well as other major car assemblers in Kenya.

 

And Italian carmaker Fiat also opened its first manufacturing plant in Tafraoui, Algeria. The plant, which is expected to produce 90,000 cars per year, will be building car models like the Fiat 500 and Fiat Dobl.

 

It is expected that the plant, which is the first of its kind under the administration of President Abdelmadjid Tebboune, will revive Algeria’s automobile industry.

 

We have the start-up “Scale,” which was launched in South Africa to assist start-ups in the fintech industry to overcome the challenges in the early years of running a business.

 

Touted to be Africa’s first fintech agency, Scale was founded by Miranda Perumal to bridge digital gaps and enable fintechs to grow.

 

By leveraging technology and digital content, the company aims to provide a range of services and solutions, such as regulatory compliance, infrastructure development, end-customer education, and market expansion support.

 

As many of these facilities and companies have become operational, they have been able to boost local capacity and address the challenge of unemployment on the continent while meeting some of the essential needs of the people.

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