Being the youngest continent in the world with nearly 70% of its population under 25 years old (OECD, 2011), Africa boasts an abundant labor force. These young people are a tremendous pool of talent and innovation. Thanks to their creativity, they are the lifeblood of tomorrow."That's why, through our challenge #KinPitch Special Youth, we want to promote creative and innovative projects with high...

Ferrex Plc, mining company with assets in Togo, Gabon and South Africa, announced on November 24 it was becoming Keras Plc. A general assembly is to be held on December 10 in Surrey, England, to evaluate this decision, reflects the company’s future and approve various ongoing management decisions. The transformation coincides with the firm’s decision to finance exploitation of Nayega...

In Morocco, Ozé communication agency has now partnered with Iprex, the international network of independent RP and communication agencies. With more than 70 members worldwide, the international institution thus extends to North Africa. Founded in 1983, Iprex allows independent public relations agencies to work with clients which operate on major world markets. The group introduces its...

Minister of Communication, Adebayo Shittu, in a statement on website Technology Times revealed that the final decision regarding the $5.2 billion fine imposed MTN Nigeria by Communication Commission (NCC) will be taken by Nigeria’s head of state Muhammadu Buhari. Negotiations between MTN and Nigerian authorities to find a solution to the issue have been going on since the beginning of...

Kenyan NIC Bank stated in a release published on November 25, it has gained 5.14 billion shillings ($50.43 million) in pre-tax profit during 2015’s first nine months, a result which is 8.5% more than that for the same period the previous year. The credit institution which has assets in Uganda and Tanzania also said that its net interest return was 7 billion shillings whilst its share profit...

On November 24, World Bank announced it would mobilize 16.1 billion USD by 2020 to help Africa fight climate change. The Bretton Woods institution plans to provide $5.7 billion via International Development Association, its fund which is dedicated to supporting poor countries. The remaining part of the financing is to be raised by development institutions, the country and private partners....

PlaYce, the official brand of shopping centers operated by international distribution group CFAO in Africa was launched today in Abidjan (Côte d’Ivoire). The first PlaYce shopping center, which boasts a total surface area of 20,000 square meters, will open in Abidjan’s Marcory district in December 2015. The PlaYce Marcory shopping center will be the first of several dozen centers operated...

Guinea just launched its marketing season for cotton. According to authorities, the operation for which projected output is 11,400 tons will cost government about 39 billion of Guinean Francs. With this campaign, the executive intends to strengthen the ongoing programme for the revival of cotton industry. Indeed, the country plans to help about 300,000 cotton-depending rural households from the...

Mauritania just commissioned a wind power plant which has a production capacity of 30 MW. Comprised of 15 wind turbines based in Nouakchott, it cost about $51 million. This power plant will help Mauritania meet 13.6% of its power needs. “With this new wind field, Mauritania now has a new source for the production of a clean, safe and economically viable,” said Mauritania’s Minister...

This season could be an exceptional one for Madagascar in terms of lychees exports. Truly, the island plans to export between 20,000 to 22,000 tons of this fruit at the end of the 2015-2016 season against 17,500 tons only for the previous season. “Due to favorable weather conditions, harvesting of lychees this year is excellent, both in terms of quality and quantity,” Thierry Samtio,...