Connect with us

News

Africa Needs $170 Billion Annually to Bridge Infrastructure Gap – AfDB

Published

on

  • Africa Needs $170 Billion Annually to Bridge Infrastructure Gap – AfDB

African Development Bank Group (AfDB) has estimated that Africa needs between US$130 billion to US$170 billion annually to bridge its infrastructure gap.

The bank disclosed this at the eight edition of the Rand Merchant Bank’s (RMB) where to invest in Africa.

RMB’s where to invest in Africa focuses on the need for efficient infrastructure across the continent. The report came up with rankings for the 54 economies on the continent based on the quality of their infrastructure.

“The report encapsulates a wide range of investment opportunities on the continent. It highlights opportunities in Nigeria with a specific focus on infrastructure as a catalyst of economic development”, Michael Larbie, CEO RMB Nigeria, said.

Infrastructures were classified into hard – electricity, Information and Communication Technology (ICT), and water and sanitation, while soft infrastructures include health and education.

Nigeria’s infrastructural spending is currently less than 1 percent of the GDP, while Angola, Mauritania, Togo, Gabon, and Cote d’Ivoire are spending above 5 percent of their GDP on infrastructure.

Experts believed the low involvement of the private sector is responsible for the huge infrastructural gap across the continent. Therefore, private sector participation is imperative.

However, Celeste Fauconnier and Neville Mandimika, co-authors of the report  said: “The good news is that this shortfall represents an opportunity for businesses involved in the development or financing of infrastructure projects.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

News

Affordable Pay-TV Provider, StarTimes Slashes Decoder Price, Introduces Easter Promo

Published

on

In the spirit of Easter celebration, StarTimes is offering a decoder price slash as well as free access to a higher bouquet for its subscribers.

The promo starts Monday, March 1.

The antenna decoder will go for N7400 as against N9400 while dish decoder will go for N11,200 as against N13,200. StarTimes has over 100 channels showing exciting foreign and local entertainment.

Also, The Easter promo starting on Monday gives subscribers the opportunity to pay for a 2-month subscription on Nova, Basic, and Smart bouquets and get an instant upgrade to view the next higher bouquet for two months. While customers on Classic and Super bouquet who recharge for two months will get 10 days extra.

Loyal subscribers will also be treated to richly-packed Easter hampers.

According to the Content Marketing Manager, StarTimes Nigeria, Ali Auta, the essence of the promo is to allow its subscribers enjoy the Easter holiday with access to an array of channels on a higher bouquet than they normally watch and unlimited entertainment at a very little cost.

“Nova bouquet is N900 monthly. So customers who pay N1800 for a two-month subscription will get an instant upgrade to view Basic/Smart bouquet for two months. Basic bouquet is N1700 monthly and Smart is N2200. So a customer who pays N3400 for two months for basic or N4400 for smart bouquet will be migrated to enjoy all the content on Classic and Super bouquets respectively for two months. Subscribers who key into the promo will save a minimum of N1,600,” Mr Ali said.

On the exciting content line-up, Mr Ali said, “As Easter approaches, families like to spend quality time watching TV series and movies together at home. They will access top Nollywood films on PBO TV and AMC Movies. On Novela E Plus, TLNovelas and TDC, they will be able to browse great dramas & telenovelas from across the globe. Also, loads of Hollywood, Bollywood and Chinese movies and series will thrill them.

“News and documentaries aficionados can also enjoy thrilling programs on Fox News, News Central, National Geographic Channel (NGC) and NatGeo Wild (NGW), etc.

“Kids are not forgotten with amazing channels: Cbeebies, Toonami, Jimjam, BabyTV, Nickelodeon, ST Kids, Pineapple TV and DreamWorks.

“In terms of sports, StarTimes subscribers will have access to exciting football, basketball, boxing and mixed martial arts sports. StarTimes airs Europa League, the Emirates FA Cup, Copa del Rey, Coppa Italia, Bundesliga, La Liga, among others, live and in HD. Also, MUTV, a dedicated channel for Manchester United is now on StarTimes.”

“Thus, our Easter decoder price slash and upgrade promo give families more reasons to sit at home and enjoy quality entertainment together for less the bouquet price,” Mr Ali said.

Continue Reading

News

Person With Disabilities, PWDs, Calls for Inclusion in COVID-19 Vaccine Priority Group

Published

on

Persons with disabilities, under the auspices of Centre for Citizens with Disabilities, CCD, on Friday expressed concerns over alleged exclusion from the priority groups that would first receive COVID-19 vaccination.

In a statement signed by David Anyaele, Executive Director, CDD, persons with disabilities are susceptible to contact COVID-19 infection compared to able-bodied persons, hence they should be prioritised for the vaccine.

The statement reads, “As laudable as the effort of the federal government on the public vaccination against COVID-19, CCD is worried that persons with disabilities are missing amongst the prioritizing groups to be vaccinated from this batch.

“We are also concern that the developing protocols for vaccination of Nigerians made no reference to persons with disabilities. Our worries is premised on the fact that persons with disabilities are susceptible to contact COVID bearing in mind their inability to operate independently most time hence the need to be given topmost priority in vaccination exercise.

“It is on this note that CCD is calling on the Presidential Task Force (PTF) and the States Task Force on COVID-19 to: Prioritize persons with disabilities in the first groups of public vaccination. This is because PWDs in Nigeria are highly discriminated by State and non-State institutions in particular healthcare service providers.

“Ensure the venues for vaccinations are accessible to persons with disabilities in line with Discrimination against Persons with Disabilities (Prohibition) Act 2018. PWD must suffer further disability in their efforts to get vaccinated as more than 95% of public infrastructures are not accessible to citizens with disabilities.

“All Covid-19 vaccination information, education, and communication materials should be accessible to all. Where there is a video material, we request that such material has a sign language interpreter inserted on the video, and the audio advert must ensure that all information is pronounced for the benefit of the deaf and blind citizens, the process should be communicated inaccessible manner to all persons with disabilities.

“No one should be left behind in the distribution and administration of Covid-19 vaccination by reason of his or her disability.”

Continue Reading

News

Africa’s WorldTour Team Partners With UK Safety App Leaders

Published

on

Busby, the UK’s leading micro-mobility safety app, founded in Liverpool has today announced their partnership with Team Qhubeka ASSOS, Africa’s only UCI WorldTour cycling team.

Ride safe with us, sign-up here: https://bit.ly/38drPim

Busby, launched in November 2019 by Liverpool-born friends Barry Green, James Duffy and Kirk Ryan, aims to make bike riding, as well as other sports and activities, safer.

Busby, which as of August 2020, is the only automatic incident response app globally, works with the sensors in your phone to ensure your safety. If a user is involved in an incident the app will begin a 30 second countdown to move or respond and if there is no movement or response their exact location is sent to emergency contacts so help can arrive quickly.

In order to prevent incidents Busby also alerts other nearby road users that a cyclist is nearby to raise awareness. In only a year of operation, Busby’s app has been downloaded by tens of thousands of people in over 85 countries globally.

Team Qhubeka ASSOS, formerly NTT Pro Cycling, races at the very highest level of sport which includes the Tour de France, Giro d’Italia and the Vuelta a España, together with the sport’s key stage races and the one day races including the five Monuments of cycling.

The organisation also includes our under 23 development outfit, Team Qhubeka, which is based in Italy and races under a UCI Continental licence.

Not only is the team a high performance sporting outfit but is it is also a purpose-led organisation, highlighted by its long-standing partnership with the Qhubeka Charity and the philosophy that bicycles change lives.

The collaboration between Team Qhubeka ASSOS and Busby will see not only the cyclists but the team behind them get a free premium Busby subscription which provides users with additional safety on the roads such as incident detection, incident prevention, near-miss reporting and an SOS Busby flare feature if a rider needs medical or mechanical support.

Douglas Ryder, founder and principal of Team Qhubeka ASSOS, said:

“Running a cycling team is like where business is today, a hybrid working environment where you don’t physically see people every single day. And then when your team or business is built with people and is about high performing individuals; knowing where they are and if they are safe is paramount to them doing their job and us doing ours.

“This is the reason Team Qhubeka ASSOS is partnering with Busby, the best cycling app for road safety, for both our staff and riders. It gives us peace of mind, our families peace of mind and makes us more responsive for medical or mechanical assistance. You’re never alone with Busby.”

James Duffy, Co-Founder of Busby, said:

“This is certainly a milestone for Busby, our first World Tour Team and we’re absolutely thrilled to help further protect Team Qhubeka Assos and their staff members whilst they are on and off the road.

Road safety is a global issue and the 8th leading cause of death in the world and our mission is to help improve road safety for all vulnerable road users with our technology. The core safety features are free, and with our partnership with Team Qhubeka Assos we want to push Busby across Africa and help protect as many people as possible.

Whether you’re cycling, horse riding, walking to school or going for a run, Busby will be by your side all the way and if (god forbid) something irregular occurs, Busby will recognise it and send your exact location to your loved ones, emergency contacts or your employers so help can arrive as quickly as possible.

We are excited to announce a number of new features in the next month or so such as GroupSafe – keeping users together in a group safely, SmartStart – Busby automatically turns on if you are active, even if you forget to turn it on and the ability for us to pay users for being safe with a digital currency (stay tuned!).”

Busby is available to download for free on iOS and Google Play.

Continue Reading

Trending