Features: Latest News
Alexis Barnes, 12:08 pm AFKI Original
Uganda is experiencing a technological revival with the capitol, Kampala, at the forefront of development. Minister for Information, Communications and Technology, Eng. John Nasasira, opened the Government BPO Incubation Center at the Uganda Bureau of Statistics House last month, creating employment and identifying the need for incubators. The nation also received the 2013 African Development Bank’s eHealth award for its mTrac health management system, an SMS-based mobile connection that has sped up response time and health provider accountability in the country.
Ben Wolford, 9:00 am AFKI Original
Robert Marx, 54, is one of the American connoisseurs of South African wines, and he’s one of the reasons the U.S. lands in the top four importers. Marx is from Minnesota, but in 1980 he was a young man in Cape Town, a Marine stationed to guard the U.S. consulate there. “As a 21-year-old guy I was introduced to wine,” he said. Years later, after retiring, he was on a plane back to Africa with a copy of “Red Wine for Dummies” in his lap.
Susan Erwin, 1:00 pm AFKI Original
When Selena Cuffe heard that South Africa’s multi-billion dollar wine industry had less than 2-percent black ownership, the U.S. citizen saw an opportunity. Today, her company – Heritage Link Brands – is the largest marketer of black-produced wine from Africa in the U.S., serving a loyal customer base of household names from American Airlines to Whole Foods. South Africa is the ninth-largest wine producing country in the world. Cuffe works with wine producers including the House of Mandela brand, owned and operated by Nelson Mandela’s family.
Dana Sanchez, 11:00 am AFKI Original
Utah is home to a population of entrepreneurs so committed to strengthening U.S.-Africa business ties, some have banded together to form the African Chamber of Commerce of Utah. At the core of the Utah African chamber are local Utah entrepreneurs who have been successful in Africa and needed a forum for their dreams of strengthening U.S.-African business partnerships. A native of Ghana, Thomas Appiah has been in the U.S. since 1990. He came for an education, got married here, “and here we are,” he told AfkInsider. A former senior product marketing manager at Motorola, Appiah is CEO of Appiah Consulting Team and chairman of the board of directors at African Chamber of Commerce of Utah. He helps connect businesses to businesses and businesses to government.
Jeffrey Cavanaugh, 1:00 pm AFKI Original
Nigeria is lately the world’s largest importer of U.S. dollars and officials there are worried over the prospect of the economy’s further dollarization. With conventional monetary intervention doing little to save a sinking naira, the Central Bank of Nigeria has introduced some capital controls. While loose oversight of these institutions is ostensibly the reason put forward, the real reason is likely the bank’s continuing inability to prop up the naira’s value using traditional methods of currency intervention. Nigeria has been facing a slow yet steady dollarization of its economy as average Nigerians flee the naira for the surer strength and stability of the dollar.
Ann Brown, 10:04 am AFKI Original
Taiwo Adegboyega Adewole, 35, is considered the architect of a movement to protect the ecological wealth of Nigeria. It’s tough work, he told AfkInsider. “It is hard at times to convince people about environmental sustainability because when you ask people in the rural area not to fell trees for cooking, the question they will ask you is, ‘What alternative do you have for us?'”
Kimberly Jacobs, 12:17 pm AFKI Original
After starting Appfrica in 2008, founder and CEO, Jon Gosier introduced a competition, Apps 4 Africa, to go along with the technology firm which continues to push awareness of the bright minds in Africa — along with investing in them. In Apps 4 Africa’s first year, the accelerator received about 50 applications, which has heightened to more than 300 entrepreneurs expressing interest in recent competitions. Three innovators are selected by a board of official judges who help create a gateway for technological mentorship and funding. Gosier’s passion for creating such a platform came from living in Uganda and seeing an immediate need to create opportunities for the people living there who were interested in technology.
Ann Brown, 11:00 am AFKI Original
When photographer Joli Moniz came to live in her ancestral Cape Verde, she was struck with how many young boys seemed at risk. Even Americans who are not of Cape Verdean descent should care about the lives and futures of children in Cape Verde – in keeping them off the streets and away from crime, said Moniz. Cape Verde’s geostrategic location at the intersection of the Americas, Europe and mainland Africa makes it both prime and vulnerable to increased drug trade. An escalation in drug trafficking poses a risk to the safety of all countries, she said.
Jeffrey Cavanaugh, 9:00 am AFKI Original
If a $1-billion bond is granted to Tanzania, it will join a select group of African countries offering sovereign debt on global capital markets. Previously in Africa only oil-rich states like Nigeria and Gabon or South Africa, which possesses the continent’s largest non-oil economy, routinely accessed global capital markets. The entry of many more states will be good for investors looking for higher returns in the region.
Ann Brown, 11:00 am AFKI Original
South African social entrepreneur Wendy Luhabe founded the first fund providing capital to women-owned businesses in South Africa. She focused on women, she said, “because at the dawn of our democracy men were organizing themselves and leaving women behind. I felt a sense of responsibility to use the new opportunities we were being granted by our new democracy to find out what we were capable of as women and what is possible when women come together.”
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