Namibia/Egypt: Orlando Pirates, Ahly Paired in CAF Champions League Draw

[ad_1] Title-holders Al Ahly of Egypt will face Orlando Pirates of South Africa after both were placed in Group C when the CAF Champions League group-stage draw was made on Monday. Chabab Belouizdad of Algeria and Stade Abidjan of the Ivory Coast complete the section following the draw at the Confederation of African Football offices in Cairo. Ahly are the team to beat in the premier African club competition as they seek a historic third straight title having won the […]

October 9, 2024 5

Africa

Africa: $20m Democracy Fund Launched in West Africa Amid Surge in Pro-Military Sentiment

[ad_1] The fund is intended to support West African states currently facing various democratic challenges. A coalition of international donors has launched a new $20 million West Africa Democracy Fund (WADF) to promote democracy in the subregion, following growing pro-military intervention sentiments. The fund, set up by the Ford Foundation, John D. and Catherine T. MacArthur Foundation, Luminate, and Open Society Foundations, was launched in Abuja, Nigeria's capital, on Monday, with the mandate of strengthening democracy across the region. In […]

October 9, 2024 3

Africa

Africa: Tana Forum Postponed for Third Time Amid Ongoing Conflict in Amhara Region

[ad_1] Addis Abeba — The 11th Tana High-Level Forum on Security in Africa, originally scheduled for October 25-27, 2024, in Bahir Dar, Ethiopia, has been postponed for the third time, with the new dates now set for 2025. Originally planned for October 13-15, 2023, the forum was first rescheduled to April 2024 due to "unforeseen circumstances," according to the Institute for Peace and Security Studies (IPSS) at Addis Ababa University, which organizes the event. Despite intentions to hold the forum […]

October 9, 2024 3

Africa

Africa: South Africa’s Potential for Oil and Gas ‘Significant’ – Mantashe

[ad_1] Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored deep waters have significant potential for oil and gas. The Minister was speaking during Africa Oil Week held at the Cape Town International Convention Centre. "In the past two years, TotalEnergies, Shell and Galp have made eight discoveries across three blocks in Namibia's Orange Basin, representing an estimated 3.5 billion […]

October 8, 2024 4

Africa

Africa: Equator Africa Gets $5m From IFC for African Climate Tech Startups

[ad_1] TLDR Equator Africa, a VC firm supporting early-stage climate tech startups in sub-Saharan Africa, receives $5 million from IFC for innovation in the African climate sector. Initial close of $40 million in April aims to address funding gap for seed and Series A-stage startups in the region. Korea Green Resilient and Innovative Development Programme adds $1.5 million guarantee, scaling Equator Africa's fund to $54 million. Equator Africa, a venture capital firm focused on supporting early-stage climate tech startups in […]

October 8, 2024 5

Africa

Africa: Remittance Fintech Zepz Raises $267m to Fuel Expansion in Africa

[ad_1] TLDR Zepz, formerly WorldRemit, secures $267 million funding round for expansion in key African and global markets. Funding led by Accel with participation from Leapfrog, TCV, Coller Capital, and IFC. Zepz, operating WorldRemit and Sendwave, serves over 11 million users in 150 countries. Formerly known as WorldRemit, fintech company Zepz has raised $267 million in a new funding round to support its expansion in its core African markets and globally. The round was led by Accel, with participation from […]

October 8, 2024 5

Africa

Africa: SA, AU Commission to Hold Consultative Meeting On the G20

[ad_1] The Director-General of the Department of International Relations and Cooperation, Zane Dangor who serves as South Africa's G20 Sherpa, will host consultations on the G20 with his African Union Commission (AUC) counterpart, Ambassador Albert Muchanga. The session will be held on Thursday. Ambassador Muchanga is the G20 Sherpa and Commissioner of Economy, Trade, Tourism, Industry and Minerals (ETTIM). It is expected that the two leaders will exchange views on the approaches to the G20 and identify areas of cooperation […]

October 8, 2024 4

Africa

Africa: Loaded for Bear – Africa Oil Week Begins in Shadow of Green Energy Scramble

[ad_1] Africa Oil Week begins in Cape Town on 8 October. But the real scramble in Africa these days is for the green metals required for the energy transition. A decade or so ago, Africa Oil Week took place against the backdrop of a scramble for oil and gas in Africa. Recent discoveries at that time included Ghana's offshore Jubilee oil field in 2007 and Uganda's Albertine Graben oil deposit. Africa was seen as the growth area for oil and […]

October 8, 2024 6

Africa

Africa: Tiktok Users Claim a Cast Iron ‘Fish’ Can Help With a Mineral Deficiency – but It’s Not Quite That Simple

[ad_1] Iron deficiency is one of the most common micronutrient deficiencies in the world. Iron deficiency is one of the most common micronutrient deficiencies in the world. While eating iron-rich foods is the best way to tackle an iron deficiency, some users on social media say there's an even easier way to get more iron in your diet. According to some influencers, adding a cast iron "fish" to your meals while cooking is an easy way to boost the iron […]

October 8, 2024 4

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