Alex Okosi has two decades of experience in the media and tech industry. In April 2020, he was appointed managing director of YouTube for emerging markets in Europe, the Middle East and Africa region (EMEA). Google has chosen Nigerian Alex Okosi to spearhead its activities across Africa. As Google Africa’s new boss, he will oversee the firm’s programs aimed at enhancing internet...

Southbridge Investments and On.Capital are pleased to announce the formation of a strategic joint venture to manage a USD 100 million Fund: The Energy Go-Getters Fund. This pioneering initiative is aimed at accelerating universal energy access and climate resilience across the African continent, with a particular focus on underserved countries. The collaboration brings together the expertise and...

African Development Bank President Akinwumi Adesina has announced a new $1 billion fund to accelerate climate financing for Africa’s youth businesses. The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation. It invites young entrepreneurs and micro, small, and medium enterprises in Africa to submit innovative solutions and...

The African Development Bank returns as a top-tier partner of the African Green Revolution Forum (AGRF) - now re-branded as the Africa Food Systems Forum. The annual event, organized by the Alliance for a Green Revolution in Africa, is the continent’s largest agriculture conference. It will take place in Tanzania’s commercial capital from 5-8 September 2023. The Bank has...

The global trade in counterfeit medicines is reaching alarming levels. One in ten medical products sold in low- and middle-income countries is of "substandard or falsified" quality, with nearly 50% of reported counterfeits originating from Africa, according to the World Health Organization. West Africa in particular has become a hotspot for the sale of fake medical products, a new report by...

The Moroccan construction firm Houar Enterprise Company has secured contracts worth nearly €100 million (about $108 million) to build two roads in Senegal. According to the Moroccan media Les Inspirations Éco, the first deal worth €70.2 million involves building an 11-kilometer highway connecting Gandon and Saint-Louis in the northwest. This project will be co-funded by the...

In 2022, the adverse effects of climate change resulted in economic damages exceeding $8.5 billion in Africa, as reported by the World Meteorological Organization (WMO). The African Climate Summit aims to produce actionable solutions, in a context where decisions taken by world polluters during previous COP meetings had little impact. The United Arab Emirates (UAE) pledged, on September 5,...

The President of Benin Republic, Patrice Talon (pictured, left) brought back home thirteen deals signed with the Chinese government during his visit to Beijing. The partnerships seek to accelerate Chinese cooperation and investment mainly in healthcare, infrastructures, digital economy, and agriculture. In detail, four agreements were signed between Romuald Wadagni, Benin's Minister of State for...

The first results of the municipal and regional elections held Sunday in Cote d’Ivoire present the ruling party RHDP (Rassemblement des Houphouëtistes pour la Démocratie et la Paix) as the winner in most localities. But opposition parties are already protesting the results. The provisional results released by the Independent Electoral Commission (CEI) showed that the ruling party RHDP has...

Matthew Antwi is a haulier and works for a Nigerian business that exports coconuts. He regularly drives the Lomé-Cotonou road from his home country Ghana to deliver the nuts to Nigeria. “A few years ago, it took around two hours to complete all the formalities at the border and up to three hours to get to Aflao (on the border between Togo and Ghana) from the Benin-Togo border-control...