Africa’s Innovations Are Overlooked Because Global Measures Don’t Fit – What Needs to Change

Africa’s Innovations Are Overlooked Because Global Measures Don’t Fit – What Needs to Change

African governments and development agencies have embraced science, technology and innovation as levers for development over the past two decades. Science, technology and innovation boost productivity, cut transaction costs, open new business opportunities and promote social inclusion. They also help societies tackle grand challenges such as climate change and persistent poverty. By 2020 at least…

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Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint

Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint

Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint (Photo: AETOSWire) Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-largest apparel group by market…

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Starlink suffers rare global outage

Starlink suffers rare global outage

SpaceX’s Starlink suffered one of its biggest international outages on Thursday when an internal software failure knocked users offline, a rare disruption for Elon Musk’s powerful satellite internet system. Users in the US and Europe began experiencing the outage at around 9pm SAST, according to Downdetector, a crowdsourced outage tracker. Starlink, which has more than…

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Africa: No more missed opportunities – Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption

Africa: No more missed opportunities – Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption

The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in…

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