Latest COMESA region news

  • Alibaba executive chairman creates $10M African youth entrepreneur fund

    Alibaba Group Executive Chairman Jack Ma is putting his money into Africa’s youth. On his first trip to Africa last week, Ma launched a $10 million African Young Entrepreneurs Fund at the YouthConnekt Africa Summit, co-hosted by the United Nations Conference on Trade and Development and the government of Rwanda. The fund is expected to be operational this year.

  • Energy Technology Innovations and Investments in Africa

    In 2016, the World Energy Outlook reported that 1.2 billion people in the world did not have access to electricity; 95% of them being in Sub-Saharan Africa. As of July 2017, very few Sub-Saharan countries had more than 50% electricity access rates including Cote d’Ivoire, Cameroon, Ghana, South Africa, Namibia, Senegal, and Kenya.

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