Researchers from the continent are under-represented in papers on topics, such as malaria, that are especially relevant to Africa. Studies have also shown1 that when African authors partner with colleagues in Europe or North America, this under-representation is reinforced. “The aim is African sustainability, development, innovation and ultimately, wealth,” says Simon Connell, a physicist at the University of Johannesburg, South Africa, who is involved with the AfLS. Countries in the global south struggle to retain expertise, says Connell, owing to low investment in science. Neba suggests that investments in IGSOs by countries in the global south be tailored to address applied science that seeks to tackle specific problems faced by the African continent.

October 25, 2023 11:45 UTC

Caroline Rose is a Senior Analyst and Head of the Power Vacuums program in the Human Security Unit at the New Lines Institute, where she focuses on contested territories, displacement, ungoverned spaces, and risks to human security. Prior to joining the New Lines Institute, Caroline served as an analyst at the forecasting firm and publication, Geopolitical Futures, where she worked on political, economic, and defense developments in the Middle East and Europe. She is also the author of a special policy report on the Captagon drug trade–a culmination of her studies and field work as Research Associate for the LSE International Drug Policy Unit’s Middle East Initiative. Caroline holds a Master’s of Science in International History from the London School of Economics and Political Science (LSE) and a Bachelor of Arts in International Studies from the American University’s School of International Service. She tweets at @CarolineRose8

October 25, 2023 10:37 UTC

To the uninitiated, the world of venture capital is a mysterious one, with many assuming VC fund managers are just rich men and women looking to get even richer. “A traditional venture capital model is usually based on an income and diety partnership structure. Those people we call the limited partners.”What is the key difference between a general partner and a limited partner, then? “The venture capital business generally operates on a management fee and profit-sharing business model. On the profit-sharing aspect, they then split the upside with the venture capital company.

October 25, 2023 07:11 UTC

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October 25, 2023 06:50 UTC

Luc Fabry, Trade & Investment Commissioner at Flanders Investment and Trade, spoke to ESI Africa at Enlit Africa about attracting energy business into the southern Africa market. The economic development agency works with companies that develop renewable energy IoT devices to reduce energy usage in SA. Find out more about Flanders Investment & Trade.

October 25, 2023 06:18 UTC





Profile RedSeer ConsultingIn the retail landscape of the Middle East and North Africa (MENA), this year’s Black Friday is set to potentially be a $74 billion opportunity. Despite this impressive projection, Black Friday online sales are expected to be lower than the overall average of online sales. Online Black Friday sales will be up 18% from last year, though that is below the overall retail sales increases of 25% as compared with last year. Fashion sales are expected to surpass electronics sales this year, a first for Black Friday in the MENA region. Despite this year’s stabilization forecasted by Redseer, Black Friday had seen huge success in MENA since it was first imported into the region in 2014.

October 25, 2023 00:05 UTC

A Mauritanian prosecutor Tuesday requested (Oct. 24) a 20-year prison sentence for former president Mohamed Ould Abdel Aziz. Prosecutor Ahmed Ould Moustapha said "All elements in the hands of the courts proved that a crime has been committed". Aziz, 66, was president of Mauritania, a pivotal country between North Africa and sub-Saharan Africa, from 2008 to 2019. He listened to the prosecutor's closing speech without flinching. Ten other people, including two former prime ministers as well as former ministers and business men, are on trial with Aziz.

October 24, 2023 19:27 UTC

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Tuesday said recent acquisitions by major oil firms showed that hydrocarbons were here to stay. This month, US oil major Exxon Mobil said it was buying Pioneer Natural Resources in a deal valued at $59.5 billion. Amin Nasser, chief executive of Saudi Aramco, at the World Economic Forum in Davos. Oil demand could grow further in case of economic growth recovery in China, the world’s largest crude importer, he said. “You need to make sure that you have adequate, reliable, available [and] affordable sources of energy,” Mr Nasser said.

October 24, 2023 17:01 UTC

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October 24, 2023 15:40 UTC

The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake. In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African Kingdom to better healthcare services, create more job opportunities for socially vulnerable people and support those affected by the earthquake that hit Morocco on Sept.08. AfDB pledged to provide Morocco €120 million in support for the program of “Inclusive Access to Health Infrastructure”. The Bank also agreed to inject €149 million in Morocco’s program aimed at expanding social security coverage and improving employability skills. The African Development Bank earmarked $1 million for emergency assistance to the Atlas Mountain villages affected by the earthquake.

October 24, 2023 15:02 UTC

Nigeria will receive a nearly $1 billion financial package from the European Union to advance, among others, the country’s green energy transition. Together with Team Europe, this major package forms a central part of the EU-Nigeria cooperation to advance the country’s green, resilient, digital inclusive transition. Support the improvement of the criminal justice system, access to justice and the fight against corruption ($31.9m)Have you read? EU funding for Africa worth €150bn to boost post-pandemic growthUrpilainen said the funding stands to benefit Nigerian businesses, farmers, youth and the society as a whole. This includes a “2X Challenge” $53.3m credit facility with Access Bank for loans to female entrepreneurs and managers in Nigeria, expected to create jobs and growth in line with the green economy priorities.

October 24, 2023 14:59 UTC

Such violations have been extensively documented by major human rights organizations, including Human Rights Watch, Amnesty International, and B’Tselem. This is a cruel act of collective punishment that human rights groups and humanitarian organizations describe as a clear violation of international law. As scholars of the Middle East and North Africa, we are concerned about the global rise of racism, including antisemitism. We are committed to advancing rigorous knowledge production about the Middle East and to ensuring that our classrooms remain welcoming places to students of all backgrounds. Tariq al-Jamil, Associate Professor of ReligionKhaled Al-Masri, Associate Professor of ArabicSa’ed Atshan, Associate Professor of Peace and Conflict Studies and AnthropologyMegan Brown, Associate Professor of HistoryFarha Ghannam, Eugene M. Lang Research Professor of AnthropologyAlexandra Gueydan-Turek, Associate Professor of French and Francophone StudiesAhmad Shokr, Assistant Professor of HistoryBenjamin Smith, Assistant Professor of Arabic

October 24, 2023 13:54 UTC

In 2022, Nigeria’s GDP amounted to nearly $477.4 billion, which is rated as the highest in Africa. According to statistics provided by the World Population Review,ranked according to overall GDP, these are currently the top 10 richest countries in Africa. Nigeria: GDP – $440,834 billion:Earning the highest GDP in Africa, Nigeria takes the top spot as Africa’s largest economy. The country’s petrochemical industry contributes to its overall GDP positioning the nation as a major economic force in North Africa. The country also holds the status as the world’s largest exporter of phosphates, a critical mineral resource used in fertilizers.

October 24, 2023 12:52 UTC

The Verity was on its way to the UK, carrying steel from the northern German city of Bremen to Immingham in Lincolnshire, when it collided with the Polesie, which had departed from Hamburg on a journey to La Coruña in Spain. None of the 22 crew on the Polesie were injured.

October 24, 2023 12:32 UTC

Ghanaian startup PAL is an e-money payment infrastructure and liquidity provider acting as an off-ramp for global enterprises and African businesses wanting to innovate cost-effectively within the Francophone Africa market. International businesses based in the UK, US, and Europe can utilise its distinct API to efficiently transfer funds at a reduced cost into mobile wallets, merchant wallets, and bank accounts across Francophone countries. “In West Francophone countries, mobile wallets continue to experience high adoption rates. “This partnership allows us to stand as a super merchant, and swiftly and cost-effectively transfer funds to mobile money wallets across various networks. Our robust infrastructure enables remittances to flow through our platform at highly competitive rates,” said Maël.

October 24, 2023 12:00 UTC