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Global Africa Business Initiative Inspires Business, Political, and Cultural Leaders to Advance Equitable Growth for the Continent

United Nations, New York, Sept. 21 (Korea Bizwire) — United Nations Deputy Secretary-General Amina J. Mohammed closed the inaugural Global Africa Business Initiative (GABI) conference this week, calling on partners in government, industry, and philanthropy to contribute toward a vision of sustainable, equitable growth; and to accelerate business opportunities on the African continent. “The solidarity we’re looking [...]

UN Global Compact Launches Africa Business Leaders Coalition to Advance Climate Action and Sustainable Growth Across the Continent

New York, U.S.A., May 31 (Korea Bizwire) — Convened by the UN Global Compact, Chief Executive Officers from across Africa today announced the launch of the Africa Business Leaders Coalition (ABLC). The Coalition will provide a platform for African business leaders to have a unified private sector voice as they actively and meaningfully engage to [...]

3air Opens Final Presale Round Ahead of Token Launch, Expands Partnerships in Africa

DUBAI, United Arab Emirates, April 4 (Korea Bizwire) – 3air, the blockchain-based internet startup that aims to bring high-speed broadband internet access, blockchain and DeFi to Africa, is continuing its expansion into new partnerships with African governments and organizations. This comes at the same time as 3air prepares for its token launch, which is set to [...]

Gov’t to Suspend Arrivals of Migrant Workers with Travel Records to Southern Africa

SEOUL, Nov. 29 (Korea Bizwire) — South Korea plans to suspend arrivals of migrant workers with records of recent visits to southern African nations in order to block the inflow of the potentially more contagious omicron COVID-19 variant, officials said Monday. The labor ministry’s plan, which could affect the entry of manual workers from 16 [...]

S. Korea Sees Soaring Exports of Quarantine Goods to Africa

SEOUL, Oct. 21 (Korea Bizwire) — Exports of South Korean quarantine products to Africa have rocketed this year thanks to Seoul’s good handling of the coronavirus pandemic, data showed Wednesday. Shipments of diagnostic agents to 49 sub-Saharan countries stood at US$49.84 million in the first nine months of this year, about 25 times higher than [...]

S. Korean Drone Industry Makes Inroads in Africa

SEOUL, Feb. 12 (Korea Bizwire) — South Korea’s drone industry has taken a first step towards foreign markets by expanding its presence in the African drone market. The Ministry of Land, Infrastructure and Transport said Tuesday it formed a joint civilian-government delegation with 10 local drone companies to participate in the African Drone Forum (ADF) [...]

Open Society Pledges Support for African Cultural Heritage Restitution

New York, Nov. 13 (Korea Bizwire) — The Open Society Foundations announce a $15 million initiative to strengthen efforts to restore cultural objects looted from the African continent. Over four years, the initiative will support networks and organizations working to return Africa’s heritage to its rightful home. “The legacy of colonial violence has deep implications [...]

Scientists Say Common Ancestors of Modern Humans Emerged from Africa

SEOUL, Oct. 29 (Korea Bizwire) — A team of scientists from South Korea, Australia and South Africa verified through DNA screening that the most recent common ancestors of modern humans originated from the Kalahari region of Africa, a state-run research institute said Tuesday. The scientists, including Axel Timmermann, director of the Center for Climate Physics [...]

Governance Reform Could See African Economies Benefit to Tune of £23bn – PwC Global Economy Watch

LONDON, May 20 (Korea Bizwire) — The latest edition of PwC’s bimonthly Global Economy Watch has found that African economies could receive a windfall of £23bn if each economy applied similar governance reforms equivalent to those made by Cote d’Ivoire since 2013. The continent-wide economic analysis modelled the performance of each country across six of [...]

CGAP Launches Photo and Video Contest Theme for 2018: Financial Inclusion in Africa

WASHINGTON, Sept. 25 (Korea Bizwire) — The Consultative Group to Assist the Poor’s (CGAP) 13th annual photo contest, launched today, is seeking striking images on financial inclusion in Africa. For the first time, short video submissions on Africa also will be accepted. Entries may be submitted through December 14, 2018. Each contestant may submit up to [...]