Category: African Business
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Plants from Ethiopia could help combat cancer, a study shows
“There are many medicinal plants that have been used by the traditional healers for centuries,” said Paulos Yohannes, a chemistry professor and serves as associate dean for STEM/research at Georgia State University’s Perimeter College. “At this moment, preliminary studies have shown that we are working with plant extracts that exhibit anticancer activities.” The research is…
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Canada announces an additional $5.7 million in funding to support the deployment of the Multinational Security Support Mission in Haiti
Canada and Haiti share a positive, long-standing relationship, and Canada remains steadfast in its support for Haiti and its people. As the deployment of the Kenyan-led Multinational Security Support (MSS) mission began yesterday, Canada continues to believe that the best solution for ensuring security in Haiti is to support sustainable mechanisms for strengthening the Haitian…
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Can Africa transform its education systems to reflect its core values?
🎧#AfricanCurrents | Can Africa transform its education systems to reflect its core values? Criticisms of African educational systems often reflect Western metrics, which neglect Africa’s indigenous knowledge and values, perpetuating the notion that Western education is superior. 🔸Can Africa redefine education to reflect its indigenous knowledge and cultural values?🔸Is Western educational aid to Africa keeping…
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Fintech: Mexico leads as Fintech Hub, with Nubank expansion and Clip’s $100MM
Is Clip’s recent $100MM raise an early indicator of rebound for Mexico’s fintech sector? Clip’s New Funding and the Future of Fintech in Mexico Clip, a leading fintech company based in Mexico City and often compared to Square for its wide range of payment, financial, and commerce software and hardware solutions, announced a new $100 million…
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Ethiopian Airlines is the best African airline for the seventh time, according to the World Airline Awards
🇪🇹✈️🥇 The airline also received awards in three categories: Best Business Class in Africa, Best Economic Class in Africa, and Best Economic Class Onboard Catering in Africa. In the international ranking of the top 100 airlines, Ethiopian Airlines was ranked 36th, one place lower than last year. Following Ethiopian Airlines, Royal Air Maroc, South African…
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Who are the fintech leaders in Africa?
Who are the fintech leaders in Africa? Check out Sputnik Africa’s infographic to find out which countries are the ones with the most deals and the largest venture capital funds attracted by fintech startups in 2023.
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Mexico foreign ministry to speak with U.S. to end avocado conflict, president says
🇲🇽🇺🇸 Mexico foreign ministry to speak with U.S. to end avocado conflict, president says Mexican President Andres Manuel Lopez Obrador said on Wednesday that he would ask the country’s foreign minister to speak with the U.S. ambassador to the country to restart U.S. imports of Mexican avocados. The U.S. suspended inspections of avocados last week…
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African ministers adopt AI strategy to boost Africa’s development and inclusive growth
🌍 The Continental Artificial Intelligence (AI) Strategy offers direction to African nations on how to use AI to achieve Africa’s development goals and improve the welfare of its population, while also advocating for ethical practices, mitigating possible dangers, and capitalizing on possibilities, the African Union stated. Furthermore, it emphasizes the need for Africa to prioritize…
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Combating false information possible by understanding the nature of modern media
🇪🇹 Combating false information possible by understanding the nature of modern media, Ethiopian official says Ato Addis Arega, Ethiopian Head of Public and International Relations for the Prosperity Party, spoke at the International Inter-Party Forum of the United Russia party on the BRICS role in building a new multipolar world order. During his speech, he…
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ALGERIA SIGNS HOSTING AGREEMENT FOR INTRA-AFRICAN TRADE FAIR 2025
The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) occurred in Algiers on 15 April 2024. Hosted by the African Export-Import Bank (Afreximbank), in partnership with the African Union, the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria, the event sets the stage for the fourth edition of…
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