Daily Archives: November 5, 2015

DFID and BMZ initiative to address skill gaps in the oil and gas sector in East Africa

The UK’s Department for International Development (DFID-Kenya) and the German Ministry for Economic Cooperation and Development (BMZ) has designed an initiative that will equip local populations with skills needed to seize job opportunities in the oil and gas sector in East Africa. The initiative dubbed Skills for Oil and Gas Africa (SOGA) will focus on Kenya, Uganda Tanzania and Mozambique and will work closely with the private sector and government to deliver support to training institutions, establishing business enterprise development centres and assist local people to win contracts to supply goods and services to the oil and gas industry. The five year project (2015-2019) implemented by GIZ and co-funded by UK aid (£25 million) is expected to help 32,000 local people to get sustainable jobs in the sector over the next five years. read more

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COMESA and Microsoft collaborate to promote access, skills and innovation in 19 African Countries

The Common Market for Eastern and Southern Africa (COMESA) (comesa.int) through the COMESA Business Council (CBC) and Microsoft (Nasdaq “MSFT”) (microsoft.com) have taken a step toward strengthening their working alliance today by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA’s 19 member States (APO.af/FjYCsU). This is in line with the Microsoft 4Afrika Initiative’s three core focus areas (World-class skills, Access and Innovation). read more

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The African Securities Exchanges Association (ASEA) Conference reflects strength of continent’s capital markets

The African Securities Exchanges Association (ASEA) (african-exchanges.org)—a premier association of 25 securities exchanges from across the continent—will hold its annual conference in Johannesburg from 15 – 17 November (2015aseaconference.co.za). read more

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Can Nigeria expect an investment boom in its mining sector?

“Nigeria has all the prerequisites to enjoy the benefits of building a mining industry” read more

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Ericsson AHUB: the perfect space for investors to stake their claim to Africa’s new tech innovators

AfricaCom’s innovative Ericsson AHUB is the premium space for investors to meaningfully connect with the wealth of entrepreneurial excellence in Africa’s innovative technology sector. read more

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Continental Free Trade Area (CFTA)

The Economic Community of West African States (ECOWAS) and the African Union Commission (AUC) consulted on the Continental Free Trade Area (CFTA) and on the action plan for Boosting Intra-African Trade (BIAT) in a two-day meeting which was held between the 3rd and 4th November 2015 in Abuja, Nigeria. The Objectives were to facilitate consultations and dialogue among ECOWAS Member States on the CFTA with a view to developing regional strategies for engagement in the CFTA negotiations and to identify areas for capacity building at the national and regional levels with the support of African Union Commission, the United Nations Economic Commission for Africa (UNECA) and other partners such as the United Nations Conference on Trade and Development (UNCTAD). read more

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Private sector to light up a third of households without access to the grid by 2020

The off-grid lighting and household electrification sector will help light up close to 100 million homes by 2020, according to market trends presented at the 4th International Off-Grid Lighting Conference, organized by the Global Off-Grid Lighting Association (GOGLA) and the World Bank Group (WBG), in Dubai, UAE this week. read more

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Morocco: Prudent economic policies and sustained structural reforms have served Morocco well over the last few years

An International Monetary Fund (IMF) team, led by Nicolas Blancher, visited Morocco from October 21 to November 4, 2015 to conduct discussions with the Moroccan authorities on the 2015 Article IV consultation, as well as on the third review of economic performance under the Precautionary and Liquidity Line (PLL) arrangement approved in July 2014. The discussions focused on increasing the resilience and the potential of the Moroccan economy. read more

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AU and South Africa sign Nuclear Energy Commission host agreement

The African Union Commission Chairperson, Dr. Nkosazana Dlamini Zuma, and the Minister of International Relations and Cooperation of the Republic of South Africa, Ms. Maite Nkoana-Mashabane, signed, on Wednesday, 4 November 2015, the Host Country Agreement for the establishment of the Headquarters of the African Commission on Nuclear Energy (AFCONE). read more

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Zebra Technologies Study Finds Nearly Half of Companies in Wi-Fi-Intensive Industries Report “Overwhelmed” Wireless Infrastructures

Internet of Things, new devices and services are putting pressure on retail, hospitality and transportation and logistics organizations to strengthen and extend wireless infrastructure read more

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Philanthropy heroes honoured at the Inyathelo Awards

Five extraordinary individuals have been honoured at the prestigious annual Inyathelo Philanthropy Awards at the Waterfront in Cape Town today (Thursday 5 November 2015), including a 13-year-old musical protégé, a dairywoman from KwaZulu-Natal and international dance sensation Paul Modjadji. read more

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