Archive For: The Crunch
30 Apr 2014 Nineteen university-based African Centers of Excellence (ACE) across seven countries in West and Central Africa will receive a combined grant of $150 million from the World Bank, to enable them provide training and higher education in science, technology, engineering and mathematics (STEM), as well as agriculture and healthcare. The countries are Nigeria, ... Read More
16 Apr 2014 Guinea has announced that it has turned the tide in its fight against Ebola virus and that the disease is almost completely under control. A spokesman for Guinea’s health ministry, Rafi Diallo is quoted as saying “The number of new cases have fallen rapidly”. Mr Diallo added that new cases being monitored ... Read More
16 Apr 2014 ThisDay Live reports an announcement by the President of the Athletics Federation of Nigeria (AFN), Chief Solomon Ogba, that the AFN and the National Sports Commission (NSC) are working hard to ensure a glorious outing for Team Nigeria at the Glasgow 2014 Commonwealth Games. Chief Ogba stated that the athletes were being ... Read More
09 Apr 2014 Ethiopia is joining the clean technology movement with the opening of the Climate Innovation Centre. The Centre is spearheaded by Infodev, a global innovation program by World Bank. It will provide financial support and mentorship to local climate entrepreneurs specializing in energy efficiency, biofuels, renewable energy and agribusiness. It’s planning for the ... Read More
09 Apr 2014 And from Ventures Africa, the report that Marriott International has finalised its one hundred and ninety one million dollar acquisition of South Africa-based Protea Hospitality Group. With the acquisition, Marriott International is now positioned as the largest hotel company in Africa. As part of the agreement, Protea, which has a total of ... Read More
09 Apr 2014 As Nigeria seeks to diversify its income streams with greater focus on non-oil sources and with the IMF’s prediction that trade and agriculture will drive growth in 2014. One company in South Africa is aiming to ensure that it will be at the forefront of the agricultural revolution. Agri-Vie, a South African ... Read More
08 Apr 2014 The Zambezian tells us that the city of Durban has formally declared its intention to host the 2022 Commonwealth Games. The Commonwealth Games federation said that the city of Edmonton in Canada had also put in a bid. Final bids are to be lodged by March 2015 and the federation will vote ... Read More
08 Apr 2014 Ghanaians around the world are thumping their chests with pride with the news that a Ghanaian-American student, Kwasi Enin, has been accepted to all eight Ivy league schools in the United States. Modern Ghana tells us that the young man was following the steps of his equally accomplished relatives, who have all ... Read More
08 Apr 2014 Nigeria started the week with the information that the country is now Africa’s largest economy and 26th largest in the world, according to an announcement by Ngozi Okonjo Iweala, Nigeria’s Finance Minister. The announcement was made after a long overdue rebase calculation ofNigeria’s GDP almost doubled it to 510 billion dollars. Ventures ... Read More
07 Apr 2014 We look at sporting news with the information that Nigeria is prepared to take place in its first continental cycling competition for the year. The Togo tour, which will kick off on the 12th of April, will see six Nigerian cyclists represent Nigeria. Technical director of the Nigeria Cycling Federation (NCF) Mohammed ... Read More
