Halima Aliko Dangote, daughter of Nigerian cement magnate Aliko Dangote, is trying to raise money in Africa to open an African art and policy institute in New York. She hoped to raise up to $5 million at a recent fundraiser in Nigeria, and said she planned similar events in Morocco and Kenya. The building that houses the Africa Center was completed several years ago but the center itself hasn’t opened yet for lack of funds.
Culture: Latest News
Ann Brown, 1:04 pm AFKI Original
When a coup in Madagascar sent her father into bankruptcy, 24-year-old Hanta Tiana Ranaivo Rajaonarisoa was forced to abandon her business administration studies in the U.S. She took over the family’s unused essential oil-making machine, and now supplies insect repellants to 40 pharmacies in Madagascar. Malaria is one of the country’s top 5 causes of death. Rajaonarisoa says she’s helping protect Madagascar’s amazing biodiversity — up to 90 percent of the country’s plant species are endemic — by using green waste recovery in her products.
Peter Pedroncelli, 11:22 am AFKI Original
The idea of funding a venture by raising money through many small contributions on the internet strikes a chord among Africans. It’s ubuntu at its finest. When Media 24 closed Ideas magazine in South Africa in 2016, former editor Terena le Roux took it upon herself to resurrect the publication. Thanks to support on social media, she launched a crowdfunding campaign via Thundafund. The money continues to come in, and she was able to relaunch the magazine.
Mongabay, 12:37 pm
An 8-pound monkey can cost $105 in Paris compared to $5.37 in Cameroon. In Europe’s biggest cities, demand for exotic delicacies or a “taste of home” drives a trade in African bushmeat that is as yet unquantified. African traffickers can get high prices for increasingly rare African species. The influx of bushmeat is small compared to the greater crisis in Africa. “Africa is eating its forests and we are looking at empty forest syndrome,” a stakeholder said. As African species get rarer and fetch a higher price abroad, Europe and the U.S. could become bigger bushmeat markets.
Dana Sanchez, 3:40 pm
Passengers flying nonstop to the U.S. on 9 carriers from airports in Egypt, Morocco, and six other Middle Eastern countries will not be allowed to bring electronics larger than cell phones in carry-on baggage. This is in response to unspecified terror threats and will be effective indefinitely, senior Trump administration officials said. Would-be terrorists “are aggressively pursuing innovative methods to undertake their attacks, to include smuggling explosive devices in various consumer items,” the U.S. Department of Homeland Security said Tuesday.
Dana Sanchez, 3:22 pm AFKI Original
Despite declining oil prices, oil-rich Norway is the happiest country in the world — proof that it’s about more than income. The people who live in the happiest countries in the world also value good governance, freedom, generosity, honesty, and health, according to World Happiness Report. There’s a deficit of happiness in Africa. African youth are essentially optimisitic and resilient in the face of poor infrastructure, but they are disappointed with development under democracy, say the authors of the report.
Reuters, 1:01 am
Airbnb, a US-based online marketplace to list or rent short-term lodgings, expects to double its customer numbers in Africa this year to 1.5 million. Company CEO Brian Chesky was in Cape Town’s oldest township Friday to surprise graduates from an Airbnb training program. He described Africa as “an incredibly exciting emerging market for travel.” The top five Airbnb cities in Africa are Cape Town, Marrakesh, Johannesburg, Nairobi and Casablanca, although listings are found from St. Helena island in the South Atlantic Ocean to Freetown, Sierra Leone, and Somalia.
Staff, 1:01 am
Visas are routinely denied by U.S. embassies without explanation. With the heightened attention on foreign travelers coming to the U.S., there have been stories of more visas being denied to people from countries not named in the Trump administration’s travel ban executive order. If there has been an increase in the number of visas rejected under the new administration, it’s hard to verify. The State Department data made available to the public ended in late 2016.
Ann Brown, 12:48 pm AFKI Original
There is no Silicon Valley in Cape Verde. The government sells a lot of tech services that independent companies could be providing, acting as both regulator and provider. This limits the private market, says Pedro Fernandes Lopes, a local who is bringing the first TEDx talk event to the island nation. It took a local Cape Verdean tech startup months just to register an app because Google didn’t recognize Cape Verde, Lopes told AFKInsider. “We need to raise the global visibility of Cape Verde and its tech innovators. And I think TEDx Praia will play a part in that.”
Kurt Davis Jr., 11:08 am AFKI Original
The economic downturn did little to stifle demand for African real estate. Some of the biggest returns and opportunities exist in rental properties, from beachfront getaways to hidden villas. Affordable housing is a major challenge for governments. Private investment is seen as a solution. Developers, private investors, and ordinary people can play a role in addressing the construction gap in the real estate sector and make a good return while doing so.
Dana Sanchez, 6:25 pm
Google launched an online learning portal a year ago offering digital skills courses free to anyone in Africa, designed to use up as little data as possible. Many people who took the courses had limited internet access and high data costs. The US tech giant is now turning its attention to web-focused skills training for small businesses across Africa. In addition to skills and workforce training, Google is laying fiber optic cable, easing access to Android phones as it expands on the continent. Google was valued at $109.5 billion in 2016.
- Real Estate