Berlin summit aims to boost investment in Africa
21 November 2023 | 1:29 pm
Germany is hosting an investors' conference in Berlin under the G20's Compact with Africa initiative. The gathering is part of the German government's commitment to supporting African countries in making economic gains.
26 Jan 2020
Antonio Guterres has asked the warring sides to "accept fully" the summit's conclusions. Libya has had two rival governments since 2014 and General Khalifa Haftar began a military offensive on Tripoli last year.
21 Oct 2021
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
3 hours ago
The Group CEO of Metro Capital Advisory, Farouk Saleh says sustainable infrastructure Development needs to be anchored on healthcare, education, and other key services sector that add value. Speaking with CNBC Africa, he notes driving investments into the establishment of a 1,500 medical bed city in Abuja, Nigeria is a focal point in Nigeria’s health services trajectory.
4 hours ago
The Co-founder and Chairman of Waltersmith Petroman Oil Limited, Abdulrazaq Isa says the future of Nigeria’s oil and gas is value addition. In a chat with CNBC Africa, he notes expansion of the capacity of modular refineries, fertilizer production and increased gas-to power projects are vital to harness the prospects ahead.
4 hours ago
The Group President of the African Development Bank, Akinwumi Adesina says Africa with about 6.2 trillion dollars worth of natural resources, 65 per cent of the world’s uncultivated arable land, and a vibrant youth population has no excuse to be poor. He reiterates the continent must look inward urgently to solve its many challenges and prompts citizens to hold governments accountable for poverty
1 day ago
Gabriella Bankova went on a hunger strike in the Bulgarian capital to be able to officially change her gender. Activists say the country is lagging when it comes to LGBTQ+ rights.
1 day ago
Users are spending more time online. Among children, social media consumption has skyrocketed compared to pre-pandemic levels. In the US, tech giants are on trial for endangering minors with addictive platforms.
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