Features: Latest News
Peter Pedroncelli, 1:34 am AFKI Original
South Africa’s Springbok Sevens side were crowned the Emirates Airline Dubai Seven winners with a deserved 26-14 victory over Olympic and World Series champions Fiji in the final over the weekend. The Springboks have endured a disappointing season on the world stage, but the sevens side remains a point of pride, with the Olympic bronze medallists consistently performing to a high standard.
Peter Pedroncelli, 7:00 am AFKI Original
South Africa has become a popular location for movies and television shows to be filmed in, but there are also many international music videos that have been shot in the rainbow nation, with Canadian rapper Drake recently shooting his yet unreleased music video in the country. From The Script to Jonas Blue, below are 12 international music videos which were shot in South Africa.
Dana Sanchez, 10:46 am AFKI Original
Currency depreciation and rising inflation have made investing a challenge in some African countries. A global private-sector development group identifies four African countries that have potential for climate-smart investment. These investments will make energy more accessible and infrastructure more resilient as climate change threatens to undermine developmental gains. South Africa is ahead of the game. With 90% of its electricity from coal, SA has approved 79 renewable energy projects by independent power producers. The cost of wind and solar has decreased more than 70%, and is now competitive with new-build coal, IFC reported.
Ann Brown, 8:12 am AFKI Original
A survivor of the Rwandan genocide, entrepreneur Marcel Mutsindashyaka chose to use the media, not for revenge, but for peace building. His Rwandan media and IT company has helped restore unity in the country by engaging youth. It is now the second most popular news website in Rwanda. Mutsindashyaka was chosen to be in Obama’s Young African Leaders Initiative. The experience “opened my mind from local to global perspective,” he told AFKInsider. “From this I realized that there is potential for the U.S. and Africa to collaborate for mutual benefit.”
Peter Pedroncelli, 3:49 am AFKI Original
The 2017 FIFA Confederations Cup draw took place in Kazan this week, with the eight teams taking part in the World Cup warm-up tournament placed into two groups. Seven of the teams are already known, with the champions of the various Confederations joining 2014 World Cup winners Germany and hosts Russia for the draw.
Kevin Mwanza, 9:11 am AFKI Original
Fidel Castro was a revolutionary leader and president of Cuba from January 1959 to February 2008 when he formally ceded power to his younger brother, Raul Castro, due to his ailing health. During his stay in power, Castro enjoyed good relations with African leaders and liberation activists such as the late Kwame Nkrumah of Ghana, Nelson Mandela of South Africa, Julius Nyerere of Tanzania and Augustinho Neto of Angola.
Peter Pedroncelli, 3:42 am AFKI Original
Crystal Palace attacking player Wilfried Zaha has made the decision to switch international allegiance from England to Cote D’Ivoire, submitting an application to FIFA in order to represent the Elephants on the international stage. The 24-year-old winger was born in Abidjan but moved to the UK when he was only 4, growing up in the country and eventually representing the English national team.
Dana Sanchez, 7:13 pm AFKI Original
Angolan attorney Zandre Campos quit his job with Sonangol, Angola’s giant state-run oil company, to start a private international investment firm. He wants to bring the best of the world to Africa. “We want to participate in the future of this continent. We’re talking about international standards,” he told AFKInsider. His latest investment is his company’s first in the U.S. He’s investing in U.S. technology. “Most of our investors are local Angolans — young guys like us,” Campos said.
Kurt Davis Jr., 12:26 pm AFKI Original
Egypt floated its currency earlier this month. The Egyptian pound dropped nearly 50%. Early signs show increased investment in the country. Despite diverging perspectives on the methodology, most economists buy the long-term upside. If the Egyptian story is any indication of success, letting the naira hit rock bottom on a fully-floated basis will result in greater investment in the country and a recovering naira over time. As one local put it, Nigeria should be able to do this (and many other things) better than Egypt. Maybe this is the opportunity to back up such bold statements.
Tom Jackson, 6:56 am AFKI Original
A recent McKinsey report on “digital globalisation” found flows of data and information now generate more economic value than the global trade in goods. Essentially, this means that an industry that did not exist 15 years ago is now bringing in more value to a country’s Gross Domestic Product (GDP) than the centuries-old trade in goods. That is quite something.
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