The EMR-Rabobank Project Incubator Award 2008 focused on spotlighing the most innovative projects coming out of Africa.
This year the award was given to Mr Yemene for his MUPECI
project in Cameroon.
Financing Soya production in Cameroon – MUPECI, Cameroon was set up to counter the insufficient local production of soya. MUPECI believes that its financing will encourage further investment and reduce the volume of imports. The project would have multiple benefits: it would re-energize an underused factory, provide stable employment to women and youngsters allowing them to remain in their rural areas, thus preventing rural exodus, while at the same time getting out of poverty.
Information is the ‘food’ which feeds economic growth. Read the latest news impacting Africa’s Private Sector.
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Ensuring food security, reducing poverty by increasing the integration and regional synergies of Central Africa (Cameroon, Congo Brazzaville, Chad, Central African Republic, Gabon, Equatorial Guinea) is the challenge of CEMAC (Economic Community of Central African States).
Rwanda assembly begins, at the rate of 1,000 a year, with Polo and Passat. Capacity for 5,000 units is planned
Rwanda assembly begins, at the rate of 1,000 a year, with Polo and Passat. Capacity for 5,000 units is planned
Volkswagen has launched integrated mobility in Rwanda which includes local vehicle assembly, mobility services and a sales and service retail outlet called CFAO Volkswagen Rwanda.
Kenya has positioned itself as one of the most prominent startup destinations in Africa.
With the rise of innovation hubs and accelerator programs in Kenya, there has been great growth for entrepreneurs with over 600 hundred start-ups in the country.
Access to internet and a great education system are also some contributors to the increase in startups and innovation.
The World Bank said sub-Saharan Africa’s economy growth was projected to reach 3.1 percent in 2018, and an average of 3.6 percent between 2019 and 2020.
Addis Ababa — Information technology is being utilised more than ever to improve agriculture in East Africa.
The world talks a lot about the digital revolution, but few connect it to the coming agriculture revolution, especially in Africa. Digital solutions have huge potential for helping farmers boost productivity and connect to financial tools and markets around the world.