How technology is reducing the cost of moving goods in Africa
27 June 2019 | 3:06 pm
The relative cost of moving good in East Africa is one of the highest in the world, leading to up to 75 per cent of a product cost going to logistics compared to 6 per cent in the United States. Jean-Claude Homawoo, Co-Founder, Chief Product Officer of Lori Systems Kenya joins CNBC Africa for more.
Semakaleng Mathebula is South Africa's first Black hot air balloon pilot and one of few women participating in the niche sport, which traditionally has been the domain of the white and privilege.
A Nigerian project is turning looted works of African art into non-fungible tokens, or NFTs, in a form of "alternative repatriation".
Olaf Scholz signed deals that will see Germany help African nations build their infrastructure to extract and export oil and gas to Europe. He also promised to keep German troops in the Sahel.
With record-high temperatures in Northern Africa and food security worries from Egypt to Morocco, agrivoltaic projects in the region are getting more and more attention.
The YouTube Africa Day Concert 2022 seeks to bring Africans, the Diaspora, and people from across the world together to celebrate a continent that is home to more than 1.5 billion people and find new ways of artistic expression. This year’s concert features artists from Nigeria, Sierra Leone, Tanzania, South Africa, and Congo.
The world's most ignored displacement crises are in Africa, according to an annual ranking. It's the first time all 10 are on the African continent.
In Africa, where many countries outlaw homosexuality, LGBT people live in fear of attacks and imprisonment.
Germany is keen to ditch Russian oil and gas for good and find new sources of energy, while Africa has abundant fuel reserves. The German-Africa Energy Forum has helped delegates develop mutually beneficial partnerships.
March 17, 1992: This date will forever be remembered in South Africa as the day when whites voted to end the apartheid system that privileged them and oppressed others. The country has seen momentous change since then — but is still wracked by injustice and poverty.
Senegalese President Macky Sall, who is the current chair of the African Union, granted an interview to FRANCE 24 and RFI in Paris. He discussed his meeting with Russian leader Vladimir Putin last week in Sochi, which focused on the issue of grain supplies stuck in Ukrainian ports. Sall said he stressed to Putin that Africa is suffering from the war in Ukraine, as it already faces a shortage of grain and fertiliser. He warned of a possible "famine" on the continent if African farmers have insufficient fertiliser for their crops.
Tax revenues could make a vital contribution to the development of African countries. But the untapped informal sector, also known as the shadow economy, and inadequate collection of taxes stand in the way.
A new deal paves the way for the development of the first African-owned Covid-19 vaccines. Cape Town-based Afrigen is working with a Belgian biotech company to develop mRNA shots. Also, Kenya has no reproductive health legislation but the public is going to give its input on a regional bill that could make a big difference to sexual health services. Finally, in football news, Senegal's Sadio Mané moves to Bayern Munich.
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Nigeria says out of the 141 million barrels of oil produced in the first quarter of 2022, only about 132 million barrels of oil were received at export terminals, putting a daily average loss of 108 thousand barrels in the first quarter of this year. Oliver Onyekweli, an Associate Partner at McKinsey and Company, joins CNBC Africa to discuss this issue.
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