Wednesday, July 28Inside Business Africa
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Innovation

UNHCR welcomes Togo’s decision to intensify its fight against statelessness

UNHCR welcomes Togo’s decision to intensify its fight against statelessness

Economy, Innovation
UNHCR, the UN Refugee Agency, applauds Togo’s accession to the two UN Conventions on Statelessness. Togo has now become the latest country to join the 1954 Convention on the Status of Stateless Persons and the 1961 Convention on the Reduction of Statelessness, helping to advance the global fight to end statelessness. Statelessness, the situation of people who are not recognized as citizens by any country, is a global phenomenon that continues to affect millions of people worldwide, leaving them marginalized and highly vulnerable. In depositing instruments of accession to both treaties on 14 July, Togo signaled its political will to tackle the root causes of statelessness as well as its support for UNHCR’s #IBelong Campaign to End Statelessness by 2024. Togo’s accessi...
Seychelles: African Development Bank approves $20 million loan to support Covid-19 recovery

Seychelles: African Development Bank approves $20 million loan to support Covid-19 recovery

Innovation
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms Support Program, expected to help drive the island nation’s macroeconomic stability and recovery from Covid-19 in the medium-term. The government program aims to deepen reforms introduced through the Bank’s Covid-19 Crisis Response Budget Support Program, approved in June 2020 for $10 million. These reforms are expected to advance fiscal sustainability, improve the business environment and Seychelles’ climate change and environmental resilience. The Bank’s financing will complement funds from the World Bank and the International Monetary Fund in support of reforms that will benefit Seychelles’ private sector, domi...
Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

Innovation
The leading pan-African banking group, Ecobank Group (www.Ecobank.com), in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital skills and knowledge to succeed in today’s digital world. SMEs have been significantly impacted by the COVID19 pandemic with its attendant lockdowns and disruptions to supply chains, plummeting sales, lost revenue and operational challenges. In response to feedback from our customers, Ecobank through its Commercial Banking Segment is helping business owners close the digital skills gap within their chosen fields and improve the digital capabilities of their employees.   Ecobank’s Commercial Banking...
Canon Brings its World Class Canon Professional Services Set Up at the World Rally Championship (WRC) Safari Rally 2021 in an Endeavour to Support Photojournalists

Canon Brings its World Class Canon Professional Services Set Up at the World Rally Championship (WRC) Safari Rally 2021 in an Endeavour to Support Photojournalists

Business, Corporate Stories, Innovation
Aligning with the company’s persistent effort and endeavor to deliver best-in-class products, service and solutions, Canon EMEA (www.Canon-europe.com) extended its support to the World Rally Championship Safari Rally 2021 by rendering Canon Professional Services (CPS) at the event. Driven by total commitment to its customers, the company aimed at provisioning industry professionals and photojournalists at the event through its hands-on service booth. The event that lasted from 24th June to 27th June, 2021 served as an outstanding opportunity for photojournalists across the nation to indulge in breathtaking photography with challenging closed dirt roads, spectacular picture-postcard backgrounds and exotic wildlife. Recognizing the needs of the 100 photojournalists that took part in the ...
IOM Ethiopia Appeals for USD 40 Million to Assist Additional 1.6 Million People in Northern Ethiopia

IOM Ethiopia Appeals for USD 40 Million to Assist Additional 1.6 Million People in Northern Ethiopia

Innovation
Nearly two million people affected by the crisis in northern Ethiopia desperately need life-saving assistance, including water, medicine and shelter, the International Organization for Migration (IOM) said today as it issued an urgent appeal for USD 40 million to help internally displaced men, women and children, including newborn babies.  Since the outbreak of the conflict eight months ago in Ethiopia’s Tigray Regional State, millions of people are enduring unimaginable suffering, including forced displacement, hunger, death, and destruction of private and public property.   In Tigray, IOM has been providing support to more than half a million people, including displaced children, women, men, and vulnerable groups such as pregnant women and persons with disabilities....
Three Entrepreneurs in Botswana, Zambia, and Malawi Beat over 1,000 Applicants to Win Prestigious SEED Award

Three Entrepreneurs in Botswana, Zambia, and Malawi Beat over 1,000 Applicants to Win Prestigious SEED Award

Business, Innovation
A Botswanan company which trains farmers to use bees to stop elephants destroying their farms, a Zambian business which promotes sustainable bee-farming, and a Malawian start-up which turns leftovers into cooking gas have won the SEED Awards for Climate Adaptation (SEED Awards) (SEED.uno). SEED was founded as part of a global partnership between the United Nations Environment Programme (UNEP), the United Nations Development Programme (UNDP) and the International Union for Conservation of Nature (IUCN). In Botswana, local entrepreneur Mavis Nduchwa founded Kalahari Honey to restore the balance between humans, wildlife, and the environment. The company gives farmers beehives and trains them to create a live fence of bees around their farms to deter local elephant populations. Not onl...
Three Entrepreneurs in South Africa, Ghana, and Uganda Beat over 1,000 Applicants to Win Prestigious SEED Award

Three Entrepreneurs in South Africa, Ghana, and Uganda Beat over 1,000 Applicants to Win Prestigious SEED Award

Business, Innovation
A business which gives out virtual cash in exchange for rubbish, a start-up which converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED Low Carbon Award (SEED Awards) (SEED.uno). SEED was founded as part of a global partnership between the United Nations Environment Programme (UNEP), the United Nations Development Programme (UNDP) and the International Union for Conservation of Nature (IUCN). Regenize, a South African enterprise founded in 2016 by entrepreneur Chad Robertson, rewards residents with Remali, a virtual currency that can be used to buy airtime, data or grocery vouchers, in exchange for recycled materials. The Cape Town-based business provides informal waste collectors with commu...
International Fund for Agricultural Development (IFAD)’s new investment programme to boost private funding of rural businesses and small-scale farmers

International Fund for Agricultural Development (IFAD)’s new investment programme to boost private funding of rural businesses and small-scale farmers

Business, Innovation
Rural businesses, which are so vital for transforming our food systems, will get a much needed boost from an ambitious new financing programme launched today by the UN’s International Fund for Agricultural Development (IFAD) (IFAD.org), as part of its broader efforts to address rising hunger and poverty levels in the world’s poorest countries. The Private Sector Financing Programme (PSFP) aims to spearhead an increase in much-needed private investment in small and medium-sized enterprises (SMEs), farmers’ organizations and financial intermediaries servicing small-scale farmers, which are too often neglected by investors. It will provide loans, risk management instruments (such as guarantees), and equity investments. “We can end poverty and hunger! But to achieve this, we urgentl...
Audiomack Activates (AMP Global) Audiomack Monetization Program Across the Globe

Audiomack Activates (AMP Global) Audiomack Monetization Program Across the Globe

Business, Innovation
Preeminent artist-first music streaming platform, Audiomack (Audiomack.com) continues to level the playing field for independent artists by making its direct monetization program, The Audiomack Monetization Program (AMP), available worldwide on four continents. It is now open in Nigeria, Ghana, Kenya, Mexico (LATAM), India (South Asia), Trinidad & Tobago, Haiti, and Europe. Due to the power and ease of AMP, Audiomack stands out as “the only streaming service to directly pay artists with no third-party.” Authenticated creators are paid instantly through the backend of the digital streaming provider, setting a precedent worldwide with the global launch of AMP. It allows creators to immediately access streaming revenue to benefit their careers. There’s nothing like it on any other...
Islamic Development Bank (IsDB) – Islamic Solidarity Fund for Development (ISFD) launches the Activities of the Alliance to Fight Avoidable Blindness, Second Generation, (AFAB) in Niger

Islamic Development Bank (IsDB) – Islamic Solidarity Fund for Development (ISFD) launches the Activities of the Alliance to Fight Avoidable Blindness, Second Generation, (AFAB) in Niger

Business, Innovation
In June 2021, the Islamic Development Bank (IsDB) (IsDB.org) and the Islamic Solidarity Fund for Development (ISFD) collaborated with the National Eye Health Program (PNSO) to launch the 2nd phase (Generation II) of the Alliance to Fight Avoidable Blindness (AFAB) by conducting two cataract surgeries campaigns in the cities of Diffa and Magaria in Niger. Under these campaigns, financed by, the Arab Bank for Economic Development in Africa (BADEA) 8001 patients were given vision screening and 1,029 cataract treatment surgeries were conducted in addition to providing post-surgical monitoring and visits to patients. We wish that this exemplary south-south cooperation will remain sustainable, as the proportion of the population suffering from blindness remains high in Niger These ...