World’s first malaria vaccine, backed by Bill Gates, gets a green light

The world’s first malaria vaccine, backed by Bill Gates, has received a green light for future use in babies in sub-Saharan Africa. The European Medicines Agency gave the Mosquirix vaccine a favorable review after 30 years of research by GlaxoSmithKline (GLAXF) and the PATH Malaria Vaccine Initiative. The drug will now be examined by the

Underage African footballers ‘trafficked’ to Laos

African footballers as young as 14 are being trafficked to Asia and forced to sign contracts, the BBC has learnt. Six minors are still with top Laos side Champasak United, after it imported 23 under-age players from West Africa to an unregistered football academy in February, global players’ union FIFPro told the BBC. Fifa regulations

Deal severely with those who ruined Nigeria, Clark tells Buhari

ABUJA—FORMER Federal Commissioner for Information and South South leader, Chief Edwin Clark yesterday raised alarm over the  level of corruption in the country and the economic crunch which have all combined to stagnate the progress of Nigeria over the years. He warned that if President Muhammadu Buhari fails to deal severely with those who ruined

Hong Kong firm wants to give African start-ups access to Asian market

Hong Kong-based start-up accelerator, Nest Investments, is seeking to invest in globally scalable African technology start-ups. Nest has invested in dozens of start-ups in Asia, the US and Europe. With its Nairobi office, Nest becomes the first Hong Kong-based venture capital firm to set up in Africa. Aaron Fu, the Africa managing partner for Nest,

American investor shares experiences working with African entrepreneurs

The entrepreneurial landscape in Africa is changing rapidly with more young people going into business, motivated by a growing sense of afro-optimism and the desire to solve decades-long challenges with new technologies. Incubation hubs have sprung up across the continent and more foreign investors are backing local start-ups. But it is still hard to be

Survey sheds light on bribery and corruption in Africa

Incidents of bribery have increased, but so has general awareness of anti-bribery compliance among organisations: these were some of the high-level findings of a recent survey conducted by ENSafrica. Key findings include: 24% of organisations have experienced an incident of bribery and/or corruption in the past 24 months (that’s an increase of 4% since 2013),

NIGERIA MAY BE UNINTENTIONALLY CRIMINALIZING CASH USAGE

Since the start of July, Nigerians have been fined for using cash. This is the latest in a series of aggressive strategies employed by the Central Bank of Nigeria (CBN) to enforce patronage of the cashless policy initiated under the regime of the former Governor Lamido Sanusi Lamido three years ago. On January 1, 2012, the CBN

Bag Of Goodies: Nigeria’s Buhari Returns From The US With Pledges

Nigeria’s President Muhammadu Buhari said on Tuesday that the World Bank, the Bill and Melinda Gates Foundation and the World Health Organization had pledged to help the Africa’s largest economy in various ways. In a statement sent by a spokesperson at the Nigerian Presidency, Buhari said the World Bank had pledged to spend up to

Study: Women of color less satisfied at work

A study found job satisfaction soared when multicultural women felt like they could be their authentic selves. Vera Ezimora of Baltimore came to the United States from Nigeria 15 years ago. An aspiring author, she has been writing about her life, current events and cultural differences on her blog Verastic.com for 9½ years but can’t