Kenya: Floods trigger death and massive displacement, threaten disease outbreaks

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Kenya: Floods trigger death and massive displacement, threaten disease outbreaks

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Canon Central & North Africa (CCNA) (www.Canon-CNA.com), a leading provider of imaging solutions, successfully hosted its annual Dealer Conference at Conrad Hotel, Dubai. Themed “ICE: Innovation, Customer, and Experience,” this year’s edition carried special significance as CCNA celebrated its 10-year anniversary. The exclusive event brought together 100 partners from across Africa to explore Canon’s strategic direction, celebrate milestones, and experience immersive solution-driven zones designed to address evolving market needs. Aligned with Canon’s strategy of getting closer to customers and enhancing customer experience, the conference served as a platform to strengthen partnerships and share a forward-looking business vision. Attendees gained insights into market trends, CCNA’s strategic growth plans, and innovations designed to meet Africa’s diverse imaging requirements. To facilitate a comprehensive understanding of Canon’s diverse offerings, this year’s conference introduced strategically curated zones designed to deliver solution-oriented and vertical-focused experiences. Rather than showcasing products in isolation, each zone was thoughtfully crafted to demonstrate how Canon’s technologies integrate into real-world environments, addressing the evolving needs of customers and partners across industries. Business-To-Consumer Zones: Strategic, Solution-Led Experiences To facilitate a comprehensive understanding of Canon’s offerings, this year’s conference introduced strategically curated B2C zones, shifting the focus from product showcases to solution-oriented, vertical-focused experiences. The zones highlighted Canon’s legacy in cameras and printers, geographical growth, and strong positioning across key environments such as media agencies, workspaces, production studios, and educational spaces. Attendees experienced how Canon’s imaging and printing technologies seamlessly integrate into real-world scenarios- from dynamic content creation and professional production setups to hybrid office solutions, education programs, and after-sales support through authorized service centers. A preview of upcoming product campaigns added momentum to Canon’s continued innovation journey. Rashad Ghani, B2C Business Unit Director, said: “Celebrating 10 years of Canon Central & North Africa made this year’s conference truly special. It was a great opportunity to connect with our partners, share our vision, and showcase how Canon’s solutions seamlessly integrate into real-world environments. By shifting from product displays to solution-led experiences, we’re empowering partners to meet evolving customer needs and drive business growth. I also congratulate our award-winning partners for their outstanding contributions to Canon’s success.” Business-To-Business Zones: A Unified Journey – Past, Present & Future The B2B zones followed a unified storytelling journey, strategically illustrating Canon’s evolution from its legacy of workspace and professional solutions, to the launch of the new imageFORCE series that represents the next step in intelligent, platform-driven offerings, and a forward look at upcoming innovations such as new imageFORCE models, varioPRINT, LabelStream, and corrugated solutions. This approach underscored Canon’s commitment to delivering intelligent, scalable solutions that enhance productivity and enable business growth across Africa. Amine Djouahra, B2B Business Unit Director, said: “This conference was a strategic platform to highlight Canon’s unified B2B journey, where legacy meets innovation and future ambitions. Our focus goes beyond products; it’s about enabling businesses with intelligent, scalable solutions that drive efficiency, productivity, and growth. Through this strategy, we continue to strengthen partnerships and position Canon as the trusted technology ally for businesses across Africa. I would also like to commend all our partners who have been recognized for their outstanding achievements- their dedication has been integral to Canon’s success”. The event concluded with a gala dinner and awards ceremony, honoring top-performing partners for their exceptional contributions to Canon’s growth. The celebrations highlighted a decade of collaboration and success.

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African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty. Speaking during the official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African Trade Fair 2025 (IATF2025) in Algiers, the Group Chief Economist and Managing Director for Research at the African Export-Import Bank (Afreximbank) Dr. Yemi Kale noted that while Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges. “Even more concerning, our research and development spending averages under 0.5% of GDP, far below the global average of 2.2% and far less than the over 4% invested in countries such as South Korea and Israel. However, history shows us that deliberate investment in research ecosystems has been the foundation of industrial transformation. Sustained competitiveness requires research, innovation, and the industrial capacity to transform ideas into products and services that can stand at the frontier of global markets,” Dr Kale said. The hub is a joint initiative of Afreximbank, the African Union and the African Continental Free Trade Area (AfCFTA) Secretariat that aims to promote and commercialise African research and innovation. It provides a platform for academics, researchers, and students to contribute their knowledge and expertise towards advancing Intra-African trade and industrialisation. “ARIH’s mission is to transform intellectual capital into industrial competitiveness and trade-led growth. Studies indicate that if Africa merely doubles its R&D spending to 1% of GDP by 2030, we could unlock an estimated $60–70 billion annually in additional value across agriculture, digital technology, and manufacturing. This would boost productivity, reduce import dependence, and expand Africa’s share of global trade,” Dr Kale argued. Throughout IATF2025, ARIH is running sessions bringing together participants from academia, enterprise, policymakers and investors. Besides the co-convenors, Algeria's Ministry of Higher Education is providing technical coordination for the sessions that include roundtables and pitch sessions for innovative projects and startups. University lecturers and students, as well as scientists and researchers affiliated with National Research Institutions from Africa, and the Diaspora including the Caribbean, have the opportunity to showcase their innovative research and scientific prototypes. Hosted by the People’s Democratic Republic of Algeria, IATF2025 is co-convened by Afreximbank, the African Union Commission and the AfCFTA Secretariat, and is projected to facilitate trade and investment deals worth over US$44 billion. IATF is a platform for businesses to showcase their goods and services to visitors and buyers while exploring opportunities and exchanging information. IATF aims to tap into opportunities from AfCFTA’s single market of over 1.4 billion people and GDP of over US$3.5 trillion. The ongoing IATF2025 is in its fourth edition with the last three editions of IATF cumulatively generating over $118 billion in trade and investment deals and attracting more than 70,000 visitors and 4,500 exhibitors.

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Africa’s development challenge is increasingly shifting from capital raising to productive capital deployment in infrastructure and industry, according to AFC's State of Africa’s Infrastructure Report 2026 Non-bank domestic capital pools now exceed US$2 trillion, surpassing ~US$1.7 trillion in cumulative external flows to Africa (2014–2024) Official development assistance fell from US$83.8 billion in 2020 to US$73.5 billion in 2023, with further declines expected for 2025–2026 Sovereign issuance dropped from over US$29 billion in 2018 to US$4–6 billion annually in 2022–2023, with only limited recovery through 2024–2025 Domestic pension and insurance assets crossed US$1 trillion for first time Central bank reserves at US$530 billion in 2025, from US$480 billion in 2024 Gold now represents ~17% of reserves, up from less than 10% in 2022–2023 Africa’s biggest infrastructure opportunity lies in integrated systems—connecting energy, transport, industry and digital layers into demand‑anchored ecosystems that improve bankability and enable scale Africa’s domestic capital base has reached a scale that now exceeds external financing flows over the past decade, marking a turning point in how the continent funds its growth and industrialisation, according to the Africa Finance Corporation’s (www.AfricaFC.org) State of Africa’s Infrastructure Report 2026. SAIR 2026 finds that cumulative external flows to Africa totalled approximately US$1.7 trillion between 2014 and 2024, while Africa’s non-bank domestic capital pools exceed US$2 trillion. The implication is clear: African capital now has a stronger foundation to play a significantly larger role in financing the continent’s development. Launched at The Africa We Build Summit in Nairobi, co-hosted by AFC and H.E. Dr William Samoei Ruto, President of the Republic of Kenya, the SAIR 2026 report argues that the overarching development priority has shifted from capital mobilisation to intermediation—converting savings into infrastructure, industry, and productive investment at scale. “The constraint is no longer capital—it is intermediation," Samaila Zubairu, President & CEO of AFC, said at the The Africa We Build Summit today. "We have the savings, but not yet the systems to channel them into infrastructure and industry at scale. Closing that gap is now Africa’s most important economic task. The next phase of Africa’s infrastructure story must move beyond standalone assets towards integrated systems." Local Capital on the Rise Driving the increase in domestic institutional capital, pension and insurance assets have surpassed US$1 trillion for the first time. Public development bank assets stand at US$276 billion, and sovereign wealth funds at US$164 billion, while central bank reserves increased from US$480 billion in 2024 to US$530 billion in 2025. This increase has been supported in part by stronger commodity dynamics and rising gold accumulation. Gold now represents approximately 17% of Africa’s total reserves, up from less than 10% in 2022–2023, while physical holdings rose from 663 tonnes in 2022 to an estimated 738 tonnes in 2025. Despite its increased scale, domestic capital remains largely concentrated in short-term, low-risk assets—particularly government securities—reflecting limited investable pipelines, regulatory incentives favouring liquidity, and insufficient risk-sharing mechanisms. The result is a persistent gap between available savings and long-term productive investment. External Financing Recedes At the same time, external financing is becoming less reliable, reinforcing the case for a domestic capital-led development model. Official development assistance to Africa fell from US$83.8 billion in 2020 to US$73.5 billion in 2023 and is projected to decline further. The OECD estimates global official development assistance fell 23.1% in 2025, the largest annual contraction on record. Sovereign issuance remains well below pre-2019 levels, falling from over US$29 billion in 2018 to US$4–6 billion annually in 2022–2023, while foreign direct investment has remained concentrated at roughly US$45–55 billion annually, insufficient to meet the continent’s broad investment needs. As a result, external capital is increasingly complementary, rather than foundational , to Africa’s development model. From Assets to Integrated Systems The biggest potential for capital deployment lies in demand-driven integrated infrastructure, according to SAIR 2026. In transport and logistics, corridors deliver the greatest value when designed as production ecosystems rather than transit routes—linking ports, rail, roads, logistics, storage, and trade facilitation to industrial demand. A continental backbone is already taking shape; the opportunity now is to improve performance, execution, and coordination. This is particularly evident in East Africa. Mombasa—one of Africa’s busiest ports—handles more than 45 million tonnes of cargo annually, while rail investments are extending connectivity inland, including along the Naivasha–Kisumu corridor. In aviation, SAIR 2026 identifies air transport as the most immediate and scalable lever for integration. Across Kenya, Rwanda, and Ethiopia, aviation contributes a combined US$5.5 billion to GDP and supports around one million jobs, demonstrating how connectivity can rapidly translate into trade and growth. Similarly, in energy, the priority is no longer incremental capacity additions alone, but integrated systems combining generation, transmission, storage, fuels, and industrial demand. Cross-border infrastructure such as the Ethiopia–Kenya interconnector shows how regional systems can move power to where it is needed most and improve system-wide efficiency. Resilience Gap Recent shocks—from Russia–Ukraine to the 2026 Gulf crisis—underscore the cost of fragmented systems and the urgency of building domestic processing, storage, and supply-chain resilience. The continent continues to import over 70% of its refined fuel and faces an estimated US$230 billion annual import bill across essential goods—including fuel, food, plastics, steel, and fertiliser, according to SAIR 2026. In digital infrastructure, while connectivity has expanded rapidly, the next opportunity lies in building the “missing middle”—terrestrial backbone networks, metro fibre, data centres, Internet Exchange Points, and enterprise platforms that convert connectivity into productivity, services exports, and job creation. Across all sectors and African countries, the report’s conclusion is consistent: the development challenge is increasingly institutional and systemic. Capital exists, and infrastructure assets are expanding. The next breakthrough will come from linking finance, energy, transport, industry, and digital systems into coherent ecosystems capable of supporting growth at scale. “Africa is not capital-poor—it is capital-rich but system-poor,” said Zubairu. “The priority must be to build the institutions, instruments, and project pipelines required to deploy that capital into infrastructure and industry at scale.”

Africa’s Financial Future Is Domestically Funded

May 9, 2026

Canon (www.Canon-CNA.com) announces two additions to its professional cinema and AV lineups: the CN30×40 IAS J R1/P1 ultra-telephoto cinema zoom lens (https://apo-opa.co/4egKrku) with a new updated drive unit and the RC‑IP300 multi-camera PTZ controller (https://apo-opa.co/41YXW0L) . Designed for high-end filmmaking and live events, the new zoom will provide filmmakers with even more power and flexibility, while the new controller offers an entry-level route into multi-camera PTZ control. Both products strengthen Canon’s film and broadcast ecosystem with tools that deliver precise control and cinematic image quality. The CN30×40 IAS J R1/P1 brings exceptional reach and optical performance to wildlife filmmakers and live productions. Featuring an ultra-telephoto 30x zoom range of 40-1200mm or 60-1800mm with extender, the lens provides native Super35mm coverage, and the renowned optical quality associated with Canon cinema lenses, enabling detailed 4K and 8K imagery – even from extreme distances. A new drive unit further enhances operability and functionality for professional applications, with features such as focus breathing correction, improved servo control, an info display and USB Type-C terminal for easy setup and maintenance. With a 1.5x extender, the lens increases focal reach while enabling full-frame coverage, offering filmmakers additional creative flexibility. Despite its powerful range, it remains comparatively light for its class and is built with a rugged construction suited to demanding environments such as wildlife hides, stadium gantries and remote production locations. Advanced autofocus and subject-tracking capabilities, combined with Canon’s Focus Guide, help operators maintain precise and accurate focus in fast-moving scenes. Canon is also introducing the RC‑IP300, a compact yet powerful PTZ controller built for modern multi-camera productions. Designed to enable single operators to manage complex camera setups, the controller controls up to 200 cameras, organises them into groups and stores up to 100 presets per camera for instant recall and repeatable shot framing. The controller features a 3.5-inch touchscreen preview, IP video inputs and an intuitive layout of joystick, touchscreen and programmable controls that streamline operation in broadcast studios, lecture halls and corporate production environments. Support for Canon’s PTZ Auto Tracking application and integration with tools such as Stream Deck further enhances workflow efficiency and automation. Together, these launches demonstrate Canon’s continued commitment to evolving production demands, from cinematic long-range storytelling to scalable IP-based multi-camera workflows. By combining advanced optics with intelligent control systems, Canon continues to develop its ever-expanding ecosystem of tools that enable creators and production teams to capture and control content with precision and creative freedom. CN30×40 IAS J R1/P1 (https://apo-opa.co/4egKrku) – key highlights Unrivalled 4K/8K optics with minimal flare and organic colour Powerful 30x focal range 40-1200mm or 60-1800mm with extender Native Super35mm, with 1.5x extender to increase reach and cover full frame sensors Portable and built for the field, light for its class, providing exceptional coverage RF or PL Mount data support with lens metadata capture for Zeiss eXtended dataTM and Cooke/iTM technology Advanced Autofocus with support for Dual Pixel AF II Auto Exposure Ramping Compensation to keep consistent brightness throughout the zoom range New drive unit with focus breathing correction, improved servo, info display and USB-C RC‑IP300 (https://apo-opa.co/41YXW0L) – key highlights Compact and control‑room ready, fitting studios, classrooms, and mobile setups Single‑operator control with intuitive joystick, touchscreen, and preset selections Scale up to 200 cameras with centralised control of multi‑cam setups Up to 100 presets per camera with instant, repeatable shots and moves 3.5" touchscreen preview with on‑board monitoring for quick checks and framing IP video inputs for streamlined networking, fewer cables, and enhanced workflows Supports Canon applications such as Auto Tracking and Auto Loop

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Special Correspondent

Kenya: Floods trigger death and massive displacement, threaten disease outbreaks

Equity, KCB make the list for African Banker nominees

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