DAWN May-June Edition

Page 24

Development - New Cities

"Wakanda City of Return" Project Starts in August THE WAKANDA CITY OF RETURN PROJECT, which was launched a year ago by the African Diasporian Development Institute (ADDI), Cape Coast Metropolitan Assembly and other local partners Pelicape Group and Adepa Investment, is scheduled to begin August this year. The project is expected to create about 5,000 direct and indirect jobs and open opportunities in Africa and beyond to boost tourism development. The Director of Finance, African Diaspora Development Institute (ADDI), Olivier Kamanzi, disclosed at the second edition of the Diaspora Lecture Series, a Pan African Lecture series organised by the Obokese University of Excellence and the partner Obokese Foundation in Cape Coast, that The African Diaspora has been able to raise part of the projected funds in building the city and it will start soon. The lecture, held once every month, is aimed at encouraging political and economic integration among member states to help eradicate colonialism and neo-colonialism from the African continent. A project representative, Nana Obokese Ampah I (Apagyahen of Asebu Kingdom), disclosed that 35,000 acres of land have been secured in the Cape Coast Municipality and Abura-AsebuKwamankese (AAK) District of the Central Region for the first beneficiaries of the project. This project would consist of a 5-star hotel, retreat center, health resort, conference centers, entertainment, and continental corporate headquarters for the ADDI among others. The Director of Finance of ADDI said the city would serve as a home for the African Diaspora to learn more about their culture and history, which had been thrown out, to help build a new world for Africa. 24

May-June 2021

He called on Africans in the Diaspora to collaborate to make the dream a reality to help renew the minds of Africans. Mr. Kamanzi applauded President Nana Addo Dankwa Akufo-Addo for instituting the Year of Return initiative that had created more avenues for people of African descent, struggling in foreign lands, to return to their homes. ‘This is for us by us’ Addressing history students from the Aggrey Memorial Senior High School on the meaning of the Year of Return, the Executive Director of the PANAFEST Foundation, Rabbi Kohain Halevi, said it was time for Africans to renew their minds and accept who they were and where they were coming from. He urged parents and stakeholders to invest in the youth as they are the future of Africa, adding that they should not allow anybody to deceive them about their race and colours. Rabbi Halevi said Africans needed total liberation and emancipation to facilitate the development of the continent. The Executive Director of the Obokese Foundation, Ibrahim Kwame Baidoo, urged the youth of Central Region to position themselves well for this lifechanging project. “We don’t want this project to start with our own doing menial jobs but occupying management positions and leading sectors of the projects.” He also appealed to all indigenes of the land with requisite knowledge and expertise in project DAWN

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Articles inside

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First-Ever Black Virtual Art Exhibit Opens 2021 Show With More Than 1,200 Pieces

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BEWARE!! - How Online Scammers Fooled one of Africa’s Biggest Fintech Startups

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The BAL: Zamalek Wins Inaugural Basketball Africa League

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How an Extraordinary Women-Only Village is Inspiring Land Equality in Rural Kenya

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Zoom Boosts its App Ecosystem with $100M Venture Fund

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Ghana to Sell Sustainable Bonds for Up to $1 Billion by July

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Ethiopia Finally Opens up Telecoms Market

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Airtel Africa’s Mobile Money Business Gains $100m Investment from Mastercard

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Founder of $16 Billion Ariel Investments Created a School to Teach Kids Financial Literacy Through Stocks

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World’s First Wildlife Bond to Track Rhino Numbers in Africa

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$2 Million Fund to Invest in Up-and-Coming Creators

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Kuda Raises $25M more led by Valar to Become the Neobank for ‘Every African on the Planet’

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African Stock Exchange/Bourse

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NBA Stars Like Kevin Durant and Kyle Lowry are Increasingly Pouring Money into Startups for the Thrill of Investing and a Chance to Break Down Barriers for People of Color

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Feared and Revered: Patrice Talon, Benin's 'King of Cotton'

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Ivory Coast’s President Ouattara Names Patrick Achi as Prime Minister

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World Bank Financing for COVID-19 Vaccine Rollout Reaches $2 Billion

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Epic COVAX COVID-19 Vaccine Rollout Continues

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How Africa could use Solar Tech to Distribute Covid-19 Vaccines

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The Global Startup Awards Africa Seeks out the Best Technology Innovators from Around Africa

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Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

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"Wakanda City of Return" Project Starts in August

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Uganda, Tanzania, Oil Firms Sign Accords to Build $3.5-Billion Pipeline

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Africa Tries Free Trade

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AfCFTA and UNDP Announce New Partnership Towards Inclusive Growth in Africa

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