From Malawi With Love: Local Artist Designs Custom Furniture That Gives Back
By Susie Tommaney
People come into our lives for a reason. Sometimes they’re just agents of change, reminding us of dormant potential; others keep us focused on our path and goals; some will guide and teach; and then there are those difference-makers who share our mission and remain in our hearts and lives forever.
Kenya’s flag carrier airline Kenya Airways said Friday it has reached an agreement with American airline Delta Air Lines to activate its codeshare with Delta in the United States and Canada.
Kenya Airways chief executive officer Sebastian Mikosz said the partnership will enable both the business and leisure travelers to enjoy greater connectivity and efficiency in 11 U.S. cities and four Canadian cities.
Tunisian private equity firmAfricInvestthat has $1.5 billion in assets under its management, is partnering with San Francisco-basedCathay Innovation, a global VC fund created by French PE firm Cathay Capital, to launch Cathay AfricInvest Innovation Fund, the two organization announced in a joint statement earlier this week.
The fund, with a projected size of about $170 million (€150 million) which could make it one of the largest VC funds in Africa, will invest in technology startups all across Africa.
A lawsuit against Boeing Co has been filed in a U.S. federal court in what appeared to be the first suit over a March 10 Ethiopian Airlines 737MAXcrash that killed 157 people.
The lawsuit was filed in Chicago federal court by the family of Jackson Musoni, a citizen of Rwanda, and alleges that Boeing, which manufactures the 737MAX, had defectively designed the automated flight control system.
An American company based in New York claims that it has obtained a license to cultivate marijuana in Kenya.
The company indicates that it intends to cultivate the product in large scale on a 500 acres piece of land.
Currently, marijuana remains an illegal product in the Kenya.GoIP Global Inc, however, communicated to its shareholders via a notice that it had secured a permit to grow the stimulant on a 500-acre plot in Kenya.
US firm, AXEON Water Technologies, a world-leader in the engineering and manufacturing of water treatment solutions, has announced the appointment of ADEKHA, a firm co-owned by the Ooni of Ife, as an authorized distributor and strategic partner for the Middle East and African regions.
AXEON and ADEKHA will help provide economical solutions for solving the growing water quality challenges in the Middle East and Africa and alleviate the shortage of potable water through the latest membrane and filtration technologies.
Ethiopian Airlines has hit back at theWashington Post, for stating that the pilot of the ill-fated flight had not practiced on a new simulator for the Boeing 737 MAX 8 that killed 157 people, among them 36 Kenyans.
“Ethiopian airline strongly refutes all the baseless and the factually incorrect allegations written by the Washington Post on March 21, 2019” part of the statement read.
South Africa will face another recession by year’s end if the Eskom load shedding debacle isn’t remedied, according to forecasts by Bank of America Merrill Lynch.
GDP growth will plummet by year’s end and signal a recession, which is two quarters of sub-zero growth, Michael Jacks, head of equity research in Johannesburg at Bank of America Merrill Lynch, told reporters on March 20 in the city’s Rosebank area.
Last week, a brand-new Boeing 737 Max 8crashed shortly after takeoffin Ethiopia. Five months earlier, an identical Boeing model crashed in Indonesia. With investigators looking into the possibility that a design flaw played a role in both disasters, the company is in a harsh spotlight.
Like Boeing, Ethiopian Airlines has long been held in high regard. It maintains a young fleet, and it operates a respected aviation school.
The airline has been intertwined with Boeing for six decades. It was the first African airline to buy its jets, with a loan from the American government. And over the years, it has maintained such close ties with Boeing that it did not purchase planes from rival Airbus until three years ago.
Burger King outlets are losing it an increasing amount of money, the chain’s South African parent company Grand Parade Investments (GPI) said on Monday morning – but it is not backing down on plans to roll out a lot more of them.
But things will be very different with Burger King. In interim results for the last half of 2018, GPI said it will roll out 15 new Burger King outlets every year for the next three years, which will increase its footprint by exactly half, to 135 stores.
ByTony SchickandConrad Wilson Roseburg Forest Products, one of the country’s leading manufacturers of particleboard and plywood, has ended production and sales of certain lumber products in the midst of a federal investigation into whether the wood came from the illegal logging of African rainforests.
U.S. Immigration and Customs Enforcement confirmed to OPB that its Homeland Security Investigations division has an ongoing investigation into illegal imports of okoumé, a wood used for plywood and veneer siding.The Lacey Actprohibits the trade of plants and wildlife taken, stored or transported illegally.
Okoumé hardwood trees grow in the rainforests of west-central Africa, where the deforestation of habitat for endangered species is drawing the concern of conservationists and scientists alike. Okoumé is used in some ofRoseburg’s Real Wood Siding products, which are sold by major retailers including Home Depot and marketed as “environmentally friendly.”
Gray Matters Capital, a US-based impact investor focused on the funding for-profit social enterprises in markets of Africa, India, Latin America, USA and South East Asia, has announced the names of the start-ups which have made it to the second cohort of its GMC Calibrator Program.
The GMC Calibrator is a Digital Self-learning to Earning Accelerator launched by Gray Matters Capital in April 2018 with an aim to make the mobile phone a device to promote Self Learning to Earning by improving user engagement, monetization and optimization of mobile learning platforms. This is done by understanding and implementing the principles of behavioural science and data driven decision making.
The cohort of March 2019 of the program has two start-ups from Africa – Sierra Leone based Mobile Learning Platform for Financial Inclusion Mosabi and Kenya s leading Parenting Website Mums Village joining seven other start-ups from India and Vietnam.