Why we should invest in mental health in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Mayberry, CEO, StrongMinds Depression is the leading cause of disability worldwide. As many as 300 million experience depression globally, with the World Bank considering it “the greatest thief of productive economic life.” Nowhere is this issue more […]

How female-led start-ups can transform Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aimée Dushime Women make up 58% of Africa’s self-employed population and contribute around 13% of the continent’s GDP. Until gender parity is improved throughout the African continent, female entrepreneurs will remain under-earning compared with their male counterparts. Governments […]

Building resilience and youth entrepreneurship in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Grégory Renand, Head, Z Zurich Foundation, Asheesh Advani, President and Chief Executive Officer, JA Worldwide Africa is blossoming with entrepreneurial potential and now boasts seven unicorns, up from zero in 2015. But as other continents have been fostering […]

How consumer credit can drive growth in Africa’s emerging e-commerce sector

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Fehintolu Olaogun, CEO and Co-founder, CredPal E-commerce in Africa increased by 57% between 2019 and 2020. Lack of access to consumer credit is holding back the retail sector. Credit could expand purchasing power and increase e-commerce. Retail in […]

A crisis is coming – 4 steps to address Africa’s urgent financing needs

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Caroline Kende-Robb, Senior Fellow, African Center for Economic Transformation (ACET) Amid social unrest, economic crises and political conflicts, 23 African countries are at high risk of – or already in – debt distress. Of the IMF’s $650 billion […]

Can parametric insurance mitigate Africa’s climate risk?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lesley Ndlovu, Chief Executive Officer, African Risk Capacity (ARC) Ltd In Africa, 490 million people (40% of the population) are living in extreme poverty. As a result, communities are highly vulnerable to natural disasters, which are increasing in […]

Pfizer commits to providing patent-protected medicines in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harry Gray Calvo, Media Relations and Public Affairs Specialist, World Economic Forum A high-level panel including Paul Kagame and Lazarus Chakwera, presidents of Rwanda and Malawi, and Bill Gates joined Pfizer in call to bridge global health equity […]

These doctors are using boats to bring healthcare to a remote African archipelago

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Everyday medical emergencies can become life threatening for people who live on islands. For the 3,000 inhabitants of Lamu County, Kenya, treatment used to be an eight-hour boat ride away. But now […]

Food crisis: the EU takes action to support Africa’s Sahel and Lake Chad regions

This article is brought to you in association with the European Commission. In the context of the aggravation of the food security and nutrition due to Russia’s invasion of Ukraine, the European Union is today reinforcing its political and financial commitment to partner countries in Africa. A total of €554 million in 2022 will be targeted […]

How women can play a pivotal role in a more sustainable future for Africa’s rural communities

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Annie Schultz, Policy and Advocacy Advisor, TreeAid, Lidya Valea, Monitoring and Evaluation Coordinator (Burkina Faso), Tree Aid & Nathalie Palogo, Gender and Social Inclusion Officer (Burkina Faso), Tree Aid Women are especially impacted by the climate crisis, but […]

Humanitarian aid: €294.2 million for people in need in East and Southern Africa

This article is brought to you in association with the European Commission. The Commission has allocated €294.2 million in humanitarian funding to assist vulnerable populations in East and Southern Africa in 2022. The funding will be allocated to projects in the following countries and regions: Djibouti (€500,000), Democratic Republic of the Congo (DRC) and the Great […]

Lessons Africa can teach us about building the digital future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael Miebach CEO, Mastercard Africa has much to teach us about how to ensure everyone shares in a bright digital future. Existing business models and research often won’t translate, while services need to be curated from the ground […]

7 billion ‘extra’ trees have been discovered in Africa – part of the continent’s ongoing efforts to restore and reforest the land

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content 7 billion trees that hadn’t been counted before have been discovered in Africa. The collaboration between Google and the UN Food and Agriculture Organization has also identified many opportunities for improved land […]

Why paytech is the key to unlocking Africa’s new free trade zone

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Omoniyi Kolade, Founder, CEO, Seerbit Efficient payment will be needed across the AfCFTA’s 55 countries, with their varying financial system. Africa’s emerging paytech sector already has experience working across borders. Government-sanctioned paytech is a better trade facilitation option […]

How an ‘Olympic Forest’ can help speed up Africa’s Great Green Wall

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Skirrow, CEO, TreeAid & Marie Sallois, Director of Corporate and Sustainable Development, International Olympic Committee The Great Green Wall is an African-led initiative which aims to grow a mosaic of trees, vegetation and fertile land across the […]

The European Union and the Republic of Kenya launch strategic dialogue and engage towards implementing the East African Community Economic Partnership Agreement

This article is brought to you in association with the European Commission. The European Commission welcomes the launching of the Strategic Dialogue between the European Union and the Republic of Kenya, agreed on 21 June 2021, and the strengthening of multilateral partnership between EU and the East African Community (EAC) region. Both sides agreed to engage […]

Putting people first: Africa leads the way on reimagining remittance regulations

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ulla Andrén, Head of the Regional Development Cooperation in Africa , Swedish International Development Agency (SIDA) & Henri Dommel, Director of Financial Inclusion, United Nations Capital Development Fund (UNCDF) Differing rules and regulations mean that what should be […]

€1 billion Team Europe initiative on manufacturing and access to vaccines, medicines and health technologies in Africa

This article is brought to you in association with the European Commission. European Commission President Ursula von der Leyen announced today at the G20 Global Health Summit in Rome a Team Europe initiative on manufacturing and access to vaccines, medicines and health technologies in Africa. The initiative will help create an enabling environment for local vaccines […]

Team Europe launches new financing platform to support health security and resilience in Africa

This article is brought to you in association with the European Commission. Sustainable Healthcare Industry for Resilience in Africa (SHIRA) to boost health security and resilience across Africa and address weaknesses highlighted by COVID-19 European Investment Bank and European Development Finance Institutions to mobilise private sector financing to improve health security and resilience SHIRA to support […]

Team Europe mobilises to support African economies

This article is brought to you in association with the European Commission. European Commission President Ursula von der Leyen today announced a Team Europe initiative in support of Africa’s recovery from the COVID-19 pandemic, as she joined global leaders at the Summit on Financing African Economies hosted by French President Emmanuel Macron in Paris. Working with […]

Business success depends on mindset. This study of African entrepreneurs explains why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ifeyinwa Ugochukwu, Chief Executive Officer, The Tony Elumelu Foundation Most entrepreneurs in Africa are women – yet their businesses are less profitable. The reasons might be linked to mindset. For entrepreneurs in Africa, success can depend largely on […]

EU allocates €149 million in humanitarian aid to the Greater Horn of Africa region

This article is brought to you in association with the European Commission. As humanitarian needs increase in the Horn of Africa, the Commission has announced today new funding of €149 million in aid for the wider region in 2021. Commissioner for Crisis Management, Janez Lenarčič, said: “During the past year, the Greater Horn of Africa countries, […]

EU launches €100 million humanitarian initiative to support COVID-19 vaccination campaigns in Africa

This article is brought to you in association with the European Commission. Today, Commissioner for Crisis Management, Janez Lenarčič, will visit the Africa Centres for Disease control and Prevention (Africa CDC) in Addis Ababa. This visit marks the start of the implementation of the EU’s new €100 million humanitarian initiative in support of the COVID-19 vaccination […]

The circular economy transition is a multi-million opportunity for Africa – here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Al-Hamndou Dorsouma, Acting Director Climate Change & Green Growth, African Development Bank The circular economy offers a promising opportunity for economic development, value creation and skills development for Africa. New research shows that creating five new industries in […]

Africa is creating its own Great Wall – and it’s green

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Formative Content The Great Green Wall initiative aims to restore an 8,000km strip of savanna along the southern edge of the Sahara desert. 100 million hectares of land are to be restored, 10 million […]

Humanitarian aid: €24.5 million in Southern Africa and Indian Ocean region

This article is brought to you in association with the European Commission. The EU announced today new funding of €24.5 million in humanitarian aid for the Southern Africa and Indian Ocean region. EU humanitarian aid to the region seeks to provide a response to the humanitarian consequences of the conflict in northern Mozambique, where €7.86 million […]

Mobile creches are transforming the lives of women and children in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Lack of childcare is one of the biggest obstacles to women’s participation in employment. Now an innovative scheme in Burkina Faso is offering mobile creches, so that mothers can work while their […]

Why digital inclusion must be at the centre of resetting education in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sampson Kofi Adotey, Impact Officer, Accra Hub, Next Einstein Forum COVID-19 school closures in Africa have widened existing educational, socio-economic and gender inequalities. Along with poor access to distance learning resources, the continent’s children have been hard hit. […]

Digital tokens could transform the economies of the Middle East and North Africa – if the governance keeps up

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mirek Dusek Deputy Head, Centre for Geopolitical and Regional Affairs, World Economic Forum & Abdulla Bin Touq Minister of Economy, Ministry of Economy of the United Arab Emirates The integration of digital assets into economic structures could tackle […]

A perfect storm is pushing children in sub-Saharan Africa into crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mohamed M. Malick Fall, Regional Director for Eastern and Southern Africa, UNICEF & Peter Holmes à Court, Special Correspondent, Analyst An estimated 30 million Africans slipped into extreme poverty in 2020 – the great majority of them under […]

6 reasons why Africa’s new free trade area is a global game changer

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Caroline Kende-Robb, Senior Fellow, African Center for Economic Transformation (ACET) • AfCFTA, the largest global free trade area by countries participating, could transform the continent’s economic prospects. • It aims to be a model of cross-border cooperation in […]

How the power of youth can help fight air pollution across Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tolu Oni, Professor, School of Public Health and Family Medicine, University of Cambridge Air pollution kills more people in Africa than unsafe drinking water or malnutrition. Tackling this problem will require a concerted effort from both public and […]

Africa is facing a food crisis due to COVID-19. These seeds could help prevent it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christopher Ochieng Ojiewo, Principal Scientist, ICRISAT (International Crops Research Institute for the Semi-Arid Tropics) in Nairobi, Kenya & Rohit Pillandi, Senior Communication Officer, ICRISAT (International Crops Research Institute for the Semi-Arid Tropics) in Hyderabad, India Sub-Saharan Africa is […]