Eastern Africa countries and Gulf states sign revised Jeddah Agreement to combat piracy in Indian Ocean
Eastern Africa countries, Gulf states and western Asian countries that ae parties to the revised Code of Conduct to fight piracy, robbery and other illicit maritime activities have agreed a raft of new measures to combat new and emerging threats to maritime security. A high-level meeting, held in Dubai between...
‘Everything that is a success today has its foundation in failing’ – bullish investor says of African tech industry
Akintoye Akindele is a man on a mission to build a new Africa and he is not afraid to fail to get there. Changing the continent’s narrative will entail solving old problems while also harnessing the power of new technologies, says Akindele, a serial entrepreneur and investor from Nigeria. Speaking...
Scrappy management: Company culture is main reason successive projects suffer similar problems because we’re too busy to include voice of the costumer
I was recently told by some smarty-pants consultant that “As long as the team makes a logical proposal to the executives, they will support their recommendation.” My retort: “Then why do people smoke?” I mean, it’s not logical to smoke. There’s plenty of data to suggest it’s bad for your...
IT solutions consultancy firm Incentro strikes deal with Israeli giant Monday.com to serve African market
Information technology consultancy firm, Incentro, has announced partnership with Israel’s monday.com to provide services branded as Work Operating System (OS) to the African market. The agreement was signed in the Kenyan capital, Nairobi, on Monday. The Israeli based monday.com has a wide global network of organisations that take advantage of...
Climate change: East African 1,500-kilometre oil pipeline hits the headwinds as 17 financial companies pull out
Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of Tanga. Influential climate activists Vanessa Nakate and Hilda Nakabuye have lent their...
AI: The goal should not be to make Google more money or help governments kill people more efficiently
Artificial intelligence researchers are facing a problem of accountability: How do you try to ensure decisions are responsible when the decision maker is not a responsible person, but rather an algorithm? Right now, only a handful of people and organisations have the power – and resources – to automate decision-making....
Sanctioned: Military coups, rights abuses push Ethiopia, Mali and Guinea out of US duty-free trade pact
The United States plans to remove Ethiopia, Mali and Guinea from the agreement that gives them duty-free access to the United States, President Joe Biden said in a letter to Congress, citing human rights violations. The move comes amid ongoing conflict and famine in Ethiopia’s northern region of Tigray and...
After initially outlawing cryptocurrencies, Nigeria becomes first African nation to roll out digital currency
The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in the formal financial system. “Nigeria has become the first country in Africa, and one of the first in the world to introduce a digital currency to...
Red flag raised over imminent takeover of Namibia’s Walvis Bay port by Dubai royal family
A government-backed Dubai-based port management company is at the tail-end of a process that will see the company, DP World, take complete control of Namibia’s main seaport, Walvis Bay, at the expense of Namport. Walvis Bay port managing entity Namport, will cede its functions to the concessionaire at the new...
How juggling between running business from home with children running in the house birthed garden office business
Like thousands of parents across the country, Kieron Summerhayes struggled to juggle running his business from home while his children were running around the house. The 43-year-old, from West London, who runs an events and exhibition company, was getting frustrated with having to do his paperwork in the kitchen –...
