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Africa

Africa: Deputy President Urges Chinese Medical Technology Company to Invest in South Africa

eriinfo.com5 days ago05 mins

Deputy President Paul Mashatile has called on Chinese medical device and healthcare technology manufacturer Mindray Bio-Medical Electronics to consider expanding its footprint in South Africa through manufacturing, assembly and localisation opportunities. “We would also welcome discussions around expanding local operations, developing regional service and training centres, and exploring opportunities for medical technology manufacturing, assembly and…

Heirs don’t want to invest like their parents

eriinfo.com1 week ago07 mins

Inside Creative House | Istock | Getty Images The largest transfer of wealth in modern history is underway, and the heirs set to inherit trillions of dollars in family fortunes are preparing to use the money very differently from the generations that built it. Over the next two decades, an estimated $83.5 trillion is expected…

Africa

Africa: Why Africa Must Invest in Brain and Mental Health

eriinfo.com1 month ago07 mins

Last week, Kigali hosted the Africa CEO Forum which brought together decision-makers from across the continent to discuss ways to further economic development. Gatherings like these have long served as a forum to reflect on the continent’s most pressing challenges, one of which is brain and mental health. ALSO READ: Italy ramps up Africa investment,…

Africa

Africa: Kenya Urges Africa to Invest in Space Technology to Improve Disaster Management

eriinfo.com4 months ago04 mins

Nairobi — Kenya has urged African countries to invest more seriously in space technology and data systems to better manage disasters such as floods and droughts, with officials saying the continent must strengthen its own satellite capabilities while expanding partnerships that support innovation. The call was made during a media breakfast briefing hosted by the…

Africa

Africa: Bridging the Capital Gap – Strategic Public-Private Partnerships Invest in Young Agri-Entrepreneurs

eriinfo.com5 months ago011 mins

Nairobi — The global aid system is crumbling amidst chronic underinvestment in rural areas, posing a systemic threat to food systems everywhere. With 1.3 billion young people in the world today – the largest generation in history, and nearly half of them living in rural areas – investing in their entrepreneurial potential is key. Speaking…

Africa

Africa: AU Leaders At Aga-Apsa Political Meeting Issue Strong Call – Accelerate Action, Invest in Youth for Sustainable Peace

eriinfo.com5 months ago06 mins

The African Governance Architecture and African Peace and Security Architecture (AGA-APSA) Platform today commenced its 2026 Statutory Political Meeting in Addis Ababa, with a strong call for accelerated action to translate continental policy commitments into tangible results and to place youth empowerment at the heart of Africa’s governance and peace agenda. In her welcoming remarks,…

Africa

Africa: Experts Urge Africa to Invest in Digital Infrastructure for Ethical Migration Reporting

eriinfo.com5 months ago06 mins

African governments and development partners have been urged to increase investment in digital infrastructure to support inclusive e-learning and strengthen ethical migration reporting across the continent. The call was made this week at the 3rd International CoMMPASS Conference, hosted by Uganda Christian University (UCU), which brought together journalists, educators, students and policymakers to discuss responsible…

Amazon could invest up to billion in OpenAI in coming weeks, source says

Amazon could invest up to $50 billion in OpenAI in coming weeks, source says

eriinfo.com5 months ago03 mins

Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. CNBC Amazon is in talks to invest up to $50 billion in OpenAI, CNBC confirmed on Thursday, in a significant vote of confidence from the e-commerce giant after it invested in one of the startup’s…

SK Hynix to invest billion in new plant amid memory chip shortage

SK Hynix to invest $13 billion in new plant amid memory chip shortage

eriinfo.com6 months ago03 mins

A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new…

Africa

African CDC Challenges African Nations to Invest in Social and Behavioral Change Interventions for Better Healthcare

eriinfo.com8 months ago02 mins

The African CDC has urged countries in the continent to invest in Social and Behavioral Change (SBC) interventions for better healthcare. Social and Behavioral Change Coordinator at African CDC, Dr Priscilla Madzinga Kasena, made the remarks on Friday during the official closing of a four-day First Continental Social and Behavioral Change Costing and Financing meeting…