The ARC Group makes a total of US$32 million climate insurance payouts to assist people affected by drought in Zimbabwe
HARARE, Zimbabwe, 05 July 2024 -/African Media Agency(AMA)/- The Government of the Republic of Zimbabwe has received an insurance payout of US$ 16. 8 million following its participation in the African Risk Capacity (ARC) Group disaster financing mechanism, designed to help African Union (AU) member states plan, prepare and better respond to extreme weather events. […]
Hershey makes record payments of up to $600 to Ivorian cocoa farmers through its income accelerator program
ABIDJAN, Côte d’Ivoire, 04 July 2024 -/African Media Agency(AMA)/ Hershey, the American chocolate giant, has reached a major milestone in its quest for more sustainable and equitable cocoa supply chains. The company has announced incentive payments to over 1,400 farmers as part of its flagship “Income Accelerator program”, an innovative five-year initiative aimed at radically transforming the […]
ZIKORA MEDIA & ARTS Launches Its Decolonizing Beauty Campaign
A Celebration of Traditional African Beauty DAKAR, Senegal, 3 July 2024 -/African Media Agency(AMA)/- ZIKORA MEDIA & ARTS is proud to announce the official launch of Decolonizing Beauty, a unique campaign designed to educate the public and celebrate the rich tapestry of indigenous and local beauty customs across Africa. In a world increasingly dominated by Western […]
Africa Specialty Risks officially opens office in Dubai International Financial Centre
LONDON, DUBAI, 1 July 2024, /African Media Agency/- Africa Specialty Risks (ASR), the pan-African and Middle East focused reinsurance group, is pleased to announce the opening of its Dubai office, its first in the Middle East. ‘ASR Middle East’, will solidify its ties in the Emirate and the wider region, where the Group has been writing business since […]
Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions
NAIROBI, Kenya, 1 July 2024 2024 -/African Media Agency(AMA)/- BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) are thrilled to announce the selection of ten innovative, future-looking startups as part of the Africa Blue Wave and Regen Wave initiatives. Each startup is set to receive $55,000 in funding, to advance […]
« Mon Heure d’Afrique » dedicates its 7th Edition to Piracy in the Red Sea and the Gulf of Aden with Abshir Aden Ferro
PARIS, France, 01 July 2024 -/African Media Agency(AMA)/- The guest of the seventh edition of “My African Hour” is the Franco-Somali businessman and candidate for the 2026 presidential elections in Somalia, Mr. Abshir Aden Ferro. In this issue devoted to security in the Red Sea and the Gulf of Aden, the CEO of the London based Fort […]
Mastercard Foundation Fund for Resilience and Prosperity
LONDON, England, 28 June 2024, /African Media Agency/- AFSIC – Investing in Africa is wholly focused on accelerating Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment sustainably growing Africa’s economy and increasing African incomes in all business sectors at a continental scale. AFSIC – Investing in Africa aims to partner with companies that […]
Uganda Economic Update: Improving Public Spending on Health to Build Human Capital
Kampala, Uganda | © Sarine Arslanian/Shutterstock.com KAMPALA, Uganda, 27 June 2024 -/African Media Agency(AMA)/-The Ugandan economy remains resilient and is growing amid intensifying climate shocks and a challenging global environment. The outlook is positive, buoyed by diversified exports and investments in developing oil export infrastructure ahead of the start of oil production in 2025, according […]
“Lost Crops” provide unique opportunity for food security in Africa
Zoë Karl-Waithaka, Managing Director and Partner, BCG Nairobi NAIROBI, Kenya 26 June 2024-/African Media Agency (AMA)/- According to research released by Oxfam in 2023, seven people across Ethiopia, Kenya, Somalia and South Sudan will die of hunger-related causes in the time it takes the average reader to complete this article. It is imperative that all stakeholders in the […]
The Mastercard Foundation Welcomes International Business and Development Leader Carole Wamuyu Wainaina to its Board of Directors
Carole Wamuyu Wainaina TORONTO, Canada, 26 June 2024 -/African Media Agency(AMA)/- The Mastercard Foundation today announced the appointment of Carole Wamuyu Wainaina to its Board of Directors. Carole Wainaina is a senior business leader with 35 years of global experience in multinationals and multilateral organizations in areas including strategy, organizational transformation, and human resources. “I am […]
