Daily Archives: November 4, 2015

Banking Services in Nigeria

The one-day workshop for the validation of the report on banking services and Continental Free Trade Area (CFTA) Consultation ended today in Abuja, Nigeria. The objective was to bring together various stakeholders in the Banking Services Sector to review the findings of the draft report and contribute to its finalization. The workshop was also an opportunity to consult on the state of implementation of the Action Plan for Boosting Intra African Trade (BIAT) and Preparations for the CFTA Negotiations in Nigeria. It was co-organized by the Department of Trade and Industry of the African Union Commission and the Federal Ministry of Industry, Trade and Investment of the Federal Republic of Nigeria read more

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Rwanda’s economic performance in 2015 has been stronger than expected, with growth in the first half of the year averaging 7.3 percent

An International Monetary Fund (IMF) team, led by Ms. Laure Redifer, IMF Mission Chief for Rwanda, visited Kigali from October 21-November 4, 2015 to carry out discussions with the Rwandan authorities on the fourth review of their economic and financial program supported by the IMF’s Policy Support Instrument (PSI).[1] The PSI-supported program for Rwanda was approved by the IMF Executive Board on December 2, 2013 (see Press Release No. 13/483). read more

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Uganda signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

It is the 8th country of the African continent to sign the Convention and the 90th jurisdiction to join it. read more

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Silvertree and Kevin Tucker Acquire Naspers’ PriceCheck

Largest African Price Comparison Service Sold to Naspers in 2010, Reacquired by Original Founder and African Leading Tech Investor read more

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Creating value in Africa

Executives that follow a capabilities – driven strategy will make their companies more coherent and gain a competitive advantage in the African markets where they have decided to expand their operations. The right strategy can transform a company and its industry, delivering substantially superior shareholder returns in the long-term. These are some of the highlights of a new study, ‘Creating value in Africa’, released today by Strategy&, PwC’s strategy consulting capability based in Africa (pwc.com). read more

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African Ministerial Conference 2015: Intellectual Property (IP) for an Emerging Africa

Mauritius President Ameenah Gurib-Fakim and Senegal Prime Minister Mahammed Boun Abdallah Dionne joined World Intellectual Property Organization (WIPO) Director General Francis Gurry (wipo.int) in stressing the importance of intellectual property (IP) in incentivizing innovation and creativity to promote economic and social development across Africa. read more

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South Africa: Disruptors set to take market share as insurance firms are challenged to deliver a better customer experience

Financial and insurance industry experts attended a briefing hosted by Enterprise Ireland and ClaimVantage this week. The briefing assessed local and global trends impacting life and disability claims. From left to right: H.E. Mr. Liam Mac Gabhann, Ambassador of Ireland in South Africa; John Murphy, Business Development Manager, ClaimVantage; William Crosse, Chairman of Business Ireland Southern Africa; Thembi Malebye, Market Advisor, Enterprise Ireland – Sub Saharan Africa and Leo Corcoran, CEO of ClaimVantage. read more

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IMF Staff Completes Review Mission to Liberia

A mission from the International Monetary Fund (IMF), led by Mr. Carlo Sdralevich, visited Monrovia during October 19–30, 2015 to conclude discussions on the fourth review of the government’s economic program supported by the IMF under the Extended Credit Facility (ECF) arrangement1 approved by the IMF Executive Board in November 2012. read more

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African Business Confidence Plummets to All-Time Low

Continued slow growth, high unemployment and falling exports lead to pronounced decline in confidence read more

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Enquête YPO: Chute de la Confiance des Entreprises Africaines à son plus bas niveau historique

La croissance lente constante, le taux élevé du chômage et la baisse en exportations conduisent à une baisse marquée de la confiance read more

Posted in Angola News, Benin News, Burkina Faso News, Cameroon News, Cape Verde News, Central African Republic News, Chad News, Democratic Republic of the Congo, Equatorial Guinea, Eritrea News, French, Gabon News, Guinea News, Guinea-Bissau, Lesotho News, Madagascar News, Malawi News, Mali News, Mauritius News, Morocco News, Mozambique News, Republic of Côte d'Ivoire (Ivory Coast), Republic of the Congo, Senegal News, Togo News, Tunisia News | Leave a comment

CW Research launches “Cement and Clinker Price Assessment” product series

CW Research, leader in customized market research solutions, launches the much-anticipated price assessment series for the global cement and clinker market. Based on a continuous dialog with market participants and using a formal methodology, the “Cement and Clinker Price Assessment” product series offers prompt cargo (next 30-60 day deliveries) pricing insights for three regions (Americas, Med Basin / Persian Gulf – Arabian Sea / East Africa and East Asia), covering seven distinct cement and clinker price markers. Additionally, a focused price assessment product will cover the niche oil well cement segment. read more

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SA’s most innovative new companies in funding showdown

The ‘Olympics for Startups’ is underway in SA, offering a last opportunity for wild cards to enter. read more

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iPAD Cameroon launches in Yaounde in December as Cameroon emerges as the next power investment destination in Central Africa

Impressive speaker line-up as Cameroon readies for development read more

Posted in African News, Angola News, Cameroon News, Democratic Republic of the Congo, Energy, Mozambique News, Rwanda News | Leave a comment

The Launch of the Official Nigeria Energy Calculator 2050

The Nigeria Energy calculator was officially launched yesterday, Wednesday 28 October 2015 in Abuja. read more

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