Tag "Africa"

    Barclays eyes Nigeria after selling SA shares

Barclays eyes Nigeria after selling SA shares

Barclays Bank says it is looking to further expand in Nigeria, despite moving to sell off a majority of its shares in South Africa. The Barclays Africa Group Ltd, its African subsidiary, also said there is no lack of interest from buyers seeking a stake in South Africa’s third-largest lender. With the bank looking to reduce its 62.3 percent holding to less [...]

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    16m girls may NEVER read and write, says UNESCO

16m girls may NEVER read and write, says UNESCO

The UNESCO’s Institute for Statistics (UIS) says‎ 16 million girls, below age 11, will not get basic education, if current trends continue. Irina Bokova, UNESCO’s director-general, described this as worrisome, saying despite all the efforts and progress made over the past 20 years, statistics show that girls were still being denied the right to education. “We will never achieve any of the [...]

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    Youth inclusion in governance and developing Africa

Youth inclusion in governance and developing Africa

BY OSASU IGBINEDION According to the United Nations Population Division, in 2015 there were 1.2 billion youth in the world ages 15-24. 226 million of this age group live in Africa, accounting for 19% of the global youth population. In the past decade we have seen an emergence of young people in politics all over the world. We need not look far [...]

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    Super Eagles end 2015 outside Africa’s top 10

Super Eagles end 2015 outside Africa’s top 10

Six months to the main draw for the 2018 World Cup qualifiers, the Super Eagles of Nigeria remain 66 in the world and 14 in Africa. In the latest ranking of federations released on Thursday by the Federation of International Football (FIFA), Nigeria slipped seven spots to 66th in the world, following recent performances in Africa qualifiers. The ranking will determine how African countries [...]

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    VIDEO: Pope prays for Africa ahead of visit

VIDEO: Pope prays for Africa ahead of visit

Pope Francis is set to visit Africa on a five-day visit. While addressing Christain faithful at the Vatican city on Sunday, he prayed for Africa and also asked the congregation to pray for him and the continent. "On Wednesday, I'll begin my trip to Africa, where I wll visit Kenya, Uganda and Central African Republic." "I ask all of you to pray for [...]

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    Nigeria, Africa’s GDP growth ‘to hit 6-year low’

Nigeria, Africa’s GDP growth ‘to hit 6-year low’

The growth in gross domestic product (GDP) in Nigeria and the rest of sub-Sahara Africa is set to drop to a six-year low in 2015, World Bank projections have revealed. The projections have revealed that the region is maintaining growth, albeit at a slower pace, due to a more challenging economic environment. Growth will slow in 2015 to 3.7% from 4.6% in 2014, [...]

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    Heatwave hits Africa, kills 61 in Egypt

Heatwave hits Africa, kills 61 in Egypt

At least 61 people have been confirmed dead, following a massive heatwave in Egypt, the country’s ministry of health has confirmed. The heatwave which drove extreme temperatures in the north African country has led to the admission of about 600 people in various hospitals across the country. According to Hossam Ghaffar, a spokesperson from the country’s ministry of health, the problem faced [...]

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African Entrepreneurs to get GE, USAID N220m grant

General electric (GE), in conjunction with the United States African Development Foundation (USADF) and the US agency for International Development (USAID) is awarding N200m to worthy African entrepreneurs. The energy grant to the tune of $1.1m would be given to 11 winning companies and enterprises from Tanzania, Kenya, Nigeria, Ghana and Ethiopia. Each enterprise will receive grants of up to $100,000 (N20m) [...]

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    Obama: Africa must look within to end corruption

Obama: Africa must look within to end corruption

President Barrack Obama of the United States (US) says corruption is affecting the economic potentials of Africa, urging continental leaders to look within to end the vice. Obama noted that graft is not peculiar to the continent alone, saying issues of corruption arise in the US and other parts of the world. Describing his father’s continent as one of the best in [...]

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    Akon launches solar academy in Mali

Akon launches solar academy in Mali

Senegalese-American R&B and hip hop artiste, Akon, inaugurated a solar academy, ‘Akon Lighting Africa’, in Bamako, capital of Mali, on Tuesday. The musician said he decided to invest in solar power to help implant a viable platform to power homes that lacked electricity and assist some 600 million people on the continent. “We have the sun and innovative technologies to bring electricity [...]

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    Malaria deaths in Africa: 1 child per minute

Malaria deaths in Africa: 1 child per minute

In commemoration of world malaria day, April 25 and further prevention of the disease, the World Health Organisation (WHO) has said Africa loses one child to malaria every minute. The organisation further said the disease is responsible for most child deaths on the continent. In a statement by the health body, it is currently striving at reducing malaria deaths in the world [...]

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    Falling crude oil prices ‘worse than Ebola’

Falling crude oil prices ‘worse than Ebola’

Decline in oil prices has affected Africa more than Ebola if both situations were to be judged on purely economic terms. According to an economic analysis by Reuters, recent fall in oil prices across the world has dealt more severely with Africa’s economy than the deadly viral disease, causing a setback on investment in exploration and plans to industrialise Africa. According to [...]

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    Ebola has cost Africa ‘less than expected’

Ebola has cost Africa ‘less than expected’

Ebola Virus Disease (EVD) has cost Africa’s economy less than expected, a World Bank chief has said. Francisco Ferreira, World Bank's chief economist for Africa, stated on Wednesday that the Ebola epidemic, which broke out in March 2014, has cost the region about $3-$4 billion, as against the $32 billion estimated by the financial institution. Speaking at a lecture in Johannesburg, Ferreira [...]

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    Facebook to open office in Africa by 2015

Facebook to open office in Africa by 2015

World’s number one social networking site, Facebook, says it is considering opening an office in Africa by the year 2015. Although the company did not reveal which African country will house its new office, its spokesperson in Africa, Iain MacKenzie, said back in June that the group was “really optimistic” about South Africa. The recent announcement follows a revelation that Facebook has hit a [...]

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African football film festival tackles major social issues in its second edition

The second African Football Film Festival (AFFF) takes place in Lagos this weekend. The event, which is organised by PLAY!YA, mixes films and discussion of the social issues raised in the films, with interviews, games and music. The location is at 412 Road, Gowon Estate, Egbeda and admission is free. This edition will screen three films that document major issues from both within [...]

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    Keshi 28th on World Cup managers’ earning list

Keshi 28th on World Cup managers’ earning list

Super Eagles coach, Stephen Keshi, is the 28th highest-paid manager at this year's World Cup. A MailSport review of what the 32 managers of the World Cup nations earn shows that Keshi is on a salary of £233,750 per annum. The Big Boss is among the five lowest-paid managers who are all nationals of their own countries. In the order of smallest [...]

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