Speaking about 'the perverse effects of illicit financial flows on African economies', Songwe said this reduces the 'continent’s ability to achieve its goal of industrialisation as it loses US$100 Billion, which represents 4% of the continent's gross domestic product, annually.

Illicit Financial Flows and Inadequate Energy Hinder Africa’s Industrialisation

By Irene Gaitirira Published December 18, 2017 Africa cannot accelerate growth without access to adequate energy. Vera Songwe, Executive Secretary of United Nations Economic Commission for Africa in Addis Ababa, Ethiopia, says under-developed energy infrastructure and growing demand could help attract more private sector investment in the energy-development sector. To attract investment, Songwe told the

The aim of the Seychelles Regatta, the organisers say, is 'to offer a balance of a rigorous sailing competition and tourism by encouraging a discovery of the Seychelles islands'.

Seychelles Holds Sailing Competition to Promote Tourism

By Iminza Keboge and eTurboNews Published December 14, 2017 A sailing competition designed to take place in a relaxed atmosphere in the Indian Ocean returns May 27 – June 3, 2018. The Seychelles Regatta competition, that shall set sail from the Eden Island Marina, is planned to begin when the southeast trade winds kick in.

Kasirim Nwuke says countries could begin by enacting domestic laws similar to the United States of America’s Bayh-Dole Act which enables universities and non-profit organisations to own, patent and commercialise inventions that result from research funded by the government.

African Governments Urged to Increase Science and Technology Research Funding

By Khalifa Hemed Published December 10, 2017 Higher education policy should be aligned with science, technology and innovation (STI) to transform economies across Africa. Specialists meeting during the 4th Senior Experts Dialogue on Science, Technology and the African Transformation in the Senegalese capital, Dakar, have agreed that increasing funding for universities and other higher education

Hendrina Doroba is the current Executive Director of African Women Educationalists (FAWE)

Kenyan Organisation Wins Prize for African Development

By Irene Gaitirira Published November 29, 2017 African Women Educationalists (FAWE) of Kenya has won a US$1 Million prize from Kuwait for what is described as its ‘exemplary work in education-development in Africa’. Kuwait Foundation for the Advancement of Sciences (KFAS), the administrators of the Al-Sumait Prize which covers one of three categories–Health, Food Security and

Edson Mpyisi, Coordinator of Enable Youth Programme at African Development Bank says Africa should involve its youth in its agriculture sector.

Agriculture Could Solve Africa’s Youth Unemployment Problem

By Irene Gaitirira Published November 23, 2017 Only three-out-of-11 young people entering the job market in Africa every year end up in formal jobs in a continent whose youthful population (15-35 years) is estimated to number 420 million. But did you know that agribusiness could provide a remedy to the problem of youth employment across

Dr Qian Keming, Vice Minister of Commerce of the People’s Republic of China, said the US$30 Million the grant demonstrates the value China attaches to the relationship with Uganda.

Uganda to Modernise Its Revenue with Chinese Grant

By Abdi Ali Published November 9, 2017 Uganda is set to modernise its Customs department with a grant from China. The Government of China has agreed to give Uganda a US$30 Million grant to suppor Uganda Revenue Authority (URA) to acquire latest technologies in the form of non-intrusive scanners, modernised customs risk management, supervision and