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Africa

Africa: Over Four Million Girls Still At Risk of Female Genital Mutilation – UN Leaders Call for Sustained Commitment and Investment to End FGM

eriinfo.com7 months ago06 mins

Joint statement by the UNFPA Executive Director, UNICEF Executive Director, UN High Commissioner for Human Rights, UN Women Executive Director, WHO Director-General, and UNESCO Director-General on the International Day of Zero Tolerance for Female Genital Mutilation In 2026 alone, an estimated 4.5 million girls – many under the age of five – are at risk…

Africa

Africa’s Creative Industries Need Long-Term Investment in Talent, Experts Say

eriinfo.com7 months ago06 mins

Africa’s growing global visibility in fashion, music, film and other creative fields must be matched with long-term investment in talent development, industry experts have said. ALSO READ: New platform to trace Rwandan artistes’ revenues in ‘hidden’ royalties Although African creatives are gaining international attention through social media, festivals and streaming platforms, many still struggle to…

BMW South Africa warns EV policy paralysis is stalling investment

eriinfo.com7 months ago08 mins

BMW Group South Africa CEO Peter van Binsbergen Car manufacturers in South Africa are finding it difficult to plan their production lines for future demand because government policy on new energy vehicles (NEVs) remains obscure. BMW Group South Africa CEO Peter van Binsbergen told journalists in Johannesburg on Wednesday that the company’s exports of NEVs…

Africa

Africa: U.S., AU Launch Strategic Investment Group to Boost Trade and Infrastructure

eriinfo.com7 months ago04 mins

Nairobi — The United States and the African Union (AU) have launched a Strategic Infrastructure and Investment Working Group (SIWG) aimed at accelerating US-Africa economic partnerships. The pact seeks to create jobs, boost prosperity, and strengthen economic security on both sides of the Atlantic. US Deputy Secretary of State Christopher Landau and African Union Commission…

Africa

Africa: AU-U.S. Talks Spotlight Security, Investment and Africa’s Economic Potential

eriinfo.com7 months ago03 mins

Addis Ababa — The African Union (AU) and the United States have reaffirmed their commitment to strengthening cooperation to promote peace, security and economic growth across Africa. US Deputy Secretary of State Christopher Landau held talks in Addis Ababa with African Union Commission Chairperson Mahmoud Ali Youssouf, focusing on shared priorities and areas of collaboration…

Global task team cracks online investment scam run from SA

eriinfo.com7 months ago012 mins

The suspects were arrested on Tuesday in Johannesburg. (Image source: SAPS) A group of suspected international online scammers was apprehended yesterday by a multi-agency global law-enforcement task team led by the Directorate for Priority Crime Investigation (the Hawks) in Bryanston, Johannesburg. The arrests come amid warnings from local cyber security experts of a rise in…

Africa: Joint Statement of the United States and African Union on the Launch of a Strategic Investment Working Group

eriinfo.com7 months ago04 mins

Addis Ababa — The following joint statement was released by the Government of the United States of America and the African Union Commission on the occasion of today’s agreement to establish a Strategic Investment Working Group. Begin text: Deputy Secretary of State Christopher Landau and AUC Chairperson Mahmoud Ali Youssouf met today at the African Union Commission in…

Africa

Africa Investment Report Shows Uneven Recovery After Market Reset

eriinfo.com7 months ago04 mins

African companies disclosed US$3.8 billion in funding in 2025, with deal volume up 32% and the number of announced transactions rising 8% from a year earlier, according to Briter’s Africa Investment Report 2025. The data points to a market that has stabilized after the 2022-2023 correction, but with capital increasingly concentrated by stage, sector, and…

AI investment expected to surge in 2026

eriinfo.com8 months ago05 mins

Christoph Schweizer, CEO of BCG. Companies globally plan to double their spending on artificial intelligence (AI) in 2026, allocating about 1.7% of revenue – more than twice the increase planned for 2025. Seventy-two percent of CEOs say they are the main AI decision-makers in their organisations. These are key findings from the Boston Consulting Group’s…

SolarAfrica receives R1.5bn investment boost

eriinfo.com8 months ago03 mins

SolarAfrica secures R1.5 billion to deliver power to SA businesses. Independent power producer SolarAfrica has secured R1.5 billion in funding to build SunCentral 2, the next 114MW plant of its utility-scale solar development in the Northern Cape. SunCentral is a large-scale solar photovoltaic plant located between Hanover and De Aar in the Northern Cape. The…