Germany agrees it’s ‘the right time’ to be in Ethiopia

Germany agrees it’s ‘the right time’ to be in Ethiopia

In Addis Ababa, President Sahle-Work Zewde met with his German counterpart Monday, and told President Frank-Walter Steinmeier that it was the right time for his nation to come to Ethiopia. That seemed evident when Steinmeier also participated in signing ceremonies with Volkswagen, as the German automaker announced an assembly plant…

LSE showcases African biz in ‘Companies to Inspire’ report

LSE showcases African biz in ‘Companies to Inspire’ report

The London Stock Exchange has named 360 companies from 32 African nations in its new “Companies to Inspire Africa 2019” report. Nigeria and Kenya lead the way, with the report’s foreword written by President Uhuru Kenyatta. “Entrepreneurship is at the heart of Kenya’s vibrant economy, propelling investment, job creation and…

Tiffany brand launches new Diamond Sourcing Initiative

Tiffany brand launches new Diamond Sourcing Initiative

Leading American jeweler Tiffany & Co. announced a new initiative Wednesday to ensure transparency in its diamond sourcing. “Tiffany & Co. will begin sharing with our customers the provenance, meaning region or countries of origin, of our newly sourced, individually registered diamonds – a significant step for diamond transparency,” said…

Huawei confirms CFO arrested in Canada

The CFO of Chinese technology company Huawei, a firm with significant investments across Africa, was detained in Canada earlier this week for extradition to the United States, the company confirmed early Thursday. Meng Wanzhou, the daughter of the global company’s founder, is believed to be under investigation in connection with…

Ethiopia’s Bole Airport lauded as new gateway to Africa

Ethiopia’s rapid reforms under Prime Minister Abiy Ahmed appear to be paying dividends in tourism and international travel, with Addis Ababa becoming the new “gateway to Africa.” That’s according to data from industry analysts at Forward Keys, who found an “extraordinary rise” for Ethiopia as a destination and transfer hub…

Tanzania’s Msuya steps up at UNEP following Solheim departure

The surprise resignation of Erik Solheim, the former United Nations Environment Program (UNEP) executive director, took effect Thursday with Tanzanian scientist Joyce Msuya tapped as acting director. The departure of the Nairobi-based Solheim followed a UNEP audit that determined he was rarely in Kenya. A draft of the audit, leaked…

Five Africans awarded Franco-German Prize for Human Rights

Five Africans have been named recipients of the Franco-German Prize for Human Rights and the Rule of Law, presented jointly on Wednesday by the two European nations. They are among 15 human rights leaders honored by French minister Jean-Yves Le Drian and German foreign minister Heiko Maas. “Through them, our…

Ghanaian officer wins UN’s top female cop award

A police officer from Ghana has been named the United Nations Female Police Officer of the Year, in a ceremony held in New York by the UN’s peacekeeping department. Phyllis Ama Tebuah Osei, who is serving with United Nations Mission in Somalia (UNSOM), was chosen for her work in Jubaland….

Billionaire Mo Dewji safe in Tanzania

African billionaire Mohammed Dewji, who has been missing from Tanzania since an October 11 abduction, is now home and safe after his release over the weekend. “I thank Allah that I have returned home safely. I thank all my fellow Tanzanians, and everyone around the world for their prayers,” said a…

Paul Allen, philanthropist friend to Africa, dies in the U.S.

Paul Allen, the co-founder of Microsoft and philanthropist with a special heart for the African continent, died in the United States on Monday. He was 65 and suffered from non-Hodgkin’s lymphoma. Allen’s death was announced by Vulcan, the Seattle-based umbrella company formed to manage a range of projects and global campaigns,…

Congolese physician Mukwege awarded Nobel Peace Prize

Congolese physician Dr. Denis Mukwege has been named the recipient of the 2018 Nobel Peace Prize, an honor he shares with Nadia Murad for their work in ending sexual violence in the context of conflict. “This year’s Peace Laureate Denis Mukwege has repeatedly condemned impunity for mass rape and criticized…

UN migration agency welcomes new director

The UN agency for migration has a new director general, with António Vitorino of Portugal taking the helm this month as former United States diplomat William Lacy Swing steps down after two five-year terms. The 61-year-old Vitorino is a former European Commissioner for Justice and Home Affairs, and was Portugal’s…

SA citizen Elon Musk forced to step down as Tesla chief

South African Elon Musk, the Pretoria-born billionaire often seen at the forefront of innovation, will step down as head of Tesla Motors as part of a settlement over securities fraud charges filed by the United States Securities and Exchange Commission (SEC). Musk and Tesla will each pay a USD$20 million…