May-June-issue
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TID BITS<br />
Why Angola Hasn’t Featured in<br />
Discussions about Investing in Africa<br />
Apart from the language barrier, the country does not have much history<br />
in attracting foreign investment. For decades the Southern African<br />
economy has been largely inaccessible to all but the most adventurous<br />
people in business.<br />
Nigeria’s Plan to Overhaul its<br />
Energy Tariff System by 2021<br />
Only about half of the 190-million people in Africa’s most<br />
populous country have access to power. The problem has been<br />
exacerbated by prices that are capped below what it costs to<br />
generate and deliver power.<br />
Zimbabwe to<br />
Return to the Fold<br />
“The UK would strongly support<br />
Zimbabwe’s re-entry and a new<br />
Zimbabwe that is committed to<br />
political and economic reform that<br />
works for all its people.”<br />
Smart Methods Used<br />
by Farmers in South<br />
Sudan<br />
Many farmers in the impoverished<br />
country are using modern farming<br />
techniques to protect and promote<br />
agriculture-based livelihoods, with<br />
training from the Food and Agriculture<br />
Organization and non-profits.<br />
World Bank<br />
Announces $500m<br />
Investment in<br />
Egypt’s Education<br />
Reforms<br />
Success Story of<br />
Local Tech Ecosystems<br />
across Africa<br />
With a newly passed Startup Act —a law<br />
which sets out government’s policies for<br />
startup growth—Tunisia appears to be<br />
taking the lead in this regard. The law has<br />
come after two years of deliberations with<br />
legislators engaging entrepreneurs, civil<br />
society, and investors.<br />
The investment is meant to help improve the quality of learning by training 500,000<br />
teachers and education officials, increase access to quality kindergarten education for<br />
about 500,000 children, and facilitate the adoption of tech by providing 1.5 million<br />
students and teachers with digital learning resources as a means to achieve the<br />
country’s reform objectives.<br />
Champagne Sales in<br />
Full Boom in Gabon<br />
The latest report of exports of<br />
champagne in the world, published<br />
last year by the Inter-professional<br />
Committee of wine placed the country<br />
in the top 10 of largest consumers.<br />
Investing in the<br />
Youngest Continent<br />
in the World<br />
The archetypal African youth is<br />
faced with several challenges; large<br />
scale unemployment and underemployment,<br />
violent conflicts,<br />
conundrum about migrating to Europe<br />
for greener pastures, lack of social<br />
infrastructures to set up a business, not<br />
to mention the oldest presidents in the<br />
planet and so on.<br />
MAY - JUNE 2018 59
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