Monthly Archives: January 2017

Tourism Prospects looking for lucrative year for Ethiopia and the Globe

Simien Lodge/Jumia Travel Ethiopia

Over the years, tourism proved itself as one of the best green sectors supporting developing countries such as Ethiopia in their initiative to tackle poverty, unemployment and development setbacks. Countries sustainable program towards tourism sector created new jobs, reduce poverty and increase overall revenue from the sector.

read more

Posted in African News, Ethiopia News, Travel | Tagged , , | Comments Off on Tourism Prospects looking for lucrative year for Ethiopia and the Globe

Morocco Accepted Back to the AU: Good or Bad?

Thirty-nine out of fifty-four states of the AU agrees to accept the Kingdom of Morocco back into the AU after the country opted out 33 years ago. Having being named as one of the brightest 50 economies in the world by Bloomberg, it is of no doubt that Morocco is having a very good economic prospect in Africa and also visionary in diverse sectors needed for economic growth by many other African nations. Morocco is the second largest African investor in the continent, and between 2003 and 2013, 51% of its foreign direct investment went to Sub-Saharan Africa, peaking at 88% in 2010.

read more

Posted in African News, Business, Mag, Morocco News | Tagged , , | Leave a comment

Kenya to hold Summit on Economic Innovation in Africa Organized by The Economist

Kenya will hold a summit on the 1st of February organized by The Economist Events on the theme ‘Driving economic and health-care innovation for tomorrow’s Africa’. The summit which will be held at the Radisson Blu Hotel, Nairobi, will converge local and international delegates sourced from the private sector, the business community, African governments, media and international bodies to explore how African economies can effectively innovate and navigate through the challenges experienced in health care, infant health, infrastructure, productivity, education and make changes in their already established systems.

read more

Posted in Business, Kenya News | Tagged , , | Leave a comment

RMB internationalisation stalls in 2016

SWIFT RMB Tracker shows an overall decline in RMB payments by value for 2016, closing out the year in sixth place among currencies used for international payments

read more

Posted in Forex, South Africa News | Tagged , | Comments Off on RMB internationalisation stalls in 2016

New landmark conference will explore sustainability for Africa’s buildings

“SPACE” brings together real estate decision-makers and clean energy sector

read more

Posted in Events, Kenya News | Tagged , , , | Comments Off on New landmark conference will explore sustainability for Africa’s buildings

CIEHC-3, 3rd Congo International Hydrocarbons Conference & Exhibition

24 – 26 April 2017

Palais des Congres, Brazzaville, Republic of Congo

read more

Posted in Events, Republic of the Congo | Tagged , | Comments Off on CIEHC-3, 3rd Congo International Hydrocarbons Conference & Exhibition

New report reveals devastating human toll of Blyvooruitzicht Mine liquidation

The Blyvooruitzicht Gold Mine used to be one of the world’s largest and most profitable mining concerns, purportedly yielding some one million kilograms of precious metals over its 70 years of operation

read more

Posted in South Africa News | Tagged , | Comments Off on New report reveals devastating human toll of Blyvooruitzicht Mine liquidation

IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

IMF Board approved completion of first review of Kenya’s economic program supported by the Stand-By Arrangement (SBA) and the Standby Credit Facility (SCF).

read more

Posted in Kenya News | Tagged , | Comments Off on IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

Virunga Foundation and Aera Group Launch Carbon Certification for Renewable Energy in Democratic Republic of Congo

Matebe will produce more than 13.6 MW, supplying 600,000 people with clean, accessible and affordable electricity, kickstarting the green economy and bringing over 12,000 sustainable employments for those in the region of Rutshuru

read more

Posted in Africa ECO, Democratic Republic of the Congo | Tagged , | Comments Off on Virunga Foundation and Aera Group Launch Carbon Certification for Renewable Energy in Democratic Republic of Congo

Inaugural Susuk Transaction – $150m Issued by an African Entity.

A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), has issued its maiden Sukuk – which the highest-rated Sukuk issuance from an African institution. After attracting high levels of investor interest, the initial target of 100 million USD was more than twice oversubscribed, resulting in the transaction being upsized to 150 million USD and a final order book of approximately 230 million USD. The transaction represents the first Sukuk to be issued by an African supranational entity, and also the first Sukuk transaction in 2017.

read more

Posted in African News, Business, World News | Tagged , , | Leave a comment

UK to Strengthen Investment in South Africa as it Prepares to Leave EU

Last week, Dr Rob Davies – Minister of Trade and Industry, met with Dr Liam Fox – International Trade Secretary, in London for bilateral talks on trade and economic relations. This furthers an existing high-level engagement between the United Kingdom and South Africa.  In 2015, bilateral trade in goods and services between the UK and South Africa stood at £7.6 billion with UK exports of goods and services increasing by 25% over the past 10 years while South Africa’s export has increased over 5% on an annual basis over the past 10 years – making South Africa the third biggest trading partner for the UK in the Commonwealth.

read more

Posted in African News, Business | Tagged , , | Leave a comment

Travel trends to follow in 2017

With the New Year blooming with so many new dreams and ambitions taking adventurous time is a must to explore and to have a new perspective in life. Although often times we overlook the necessity of travel in life; experts in psychologists and at Jumia Travel say that it must be our vital part of our life to lead a productive and renewed life style.

read more

Posted in African News, Travel | Tagged , , | Leave a comment

Digital Disruptors to Watch in 2017

In the lurid space where financial and digital innovation intersect, disruptors are booming. They’ll continue to cause upheaval in 2017 and make their mark in a landscape that’s becoming progressively challenging to navigate. Here’s my prediction of the movers and makers to watch in 2017:

read more

Posted in Business, ICT | Tagged , , | Comments Off on Digital Disruptors to Watch in 2017

Bangkok SETA 2017 Conference Engineered to Promote Hybrid Industry and Electric Cars.

SETA Exhibition 2016

As the recent UN COP22 ended in Marrakech, industries seek to reduce their carbon emissions to support climate action. Key sectors in carbon reduction are power, energy, technology, utility & transport industries. In view, “Sustainable Energy & Technology Asia 2017” (SETA 2017) has been announced to be held during 8-10 March 2017 from 10:00 to 18:00hrs. at Hall 103 -104 BITEC, Bangkok International Trade & Exhibition Centre, Bangna, Bangkok, Thailand.

read more

Posted in Africa ECO | Tagged , , | Comments Off on Bangkok SETA 2017 Conference Engineered to Promote Hybrid Industry and Electric Cars.

Vivo Energy and Orange Money announce Pan-African partnership.

A pan-African partnership covering nine countries (Botswana, Burkina Faso, Côte d’Ivoire, Guinea, Madagascar, Mali, Mauritius, Senegal and Tunisia) where Vivo Energy and   Orange Money is available, has been signed allowing Orange Money customers to cash in and cash out money from their Orange Money account and pay in any Shell service station operated by Vivo Energy (www.VivoEnergy.com). This offers Orange Money customers an access to a network of over 1,000 Shell service stations to transact from, while Shell customers will be able to pay for their fuel using Orange Money. The agreement further provides the customers of both companies a convenience and secured mode of payment which will also save time and money on their payment transactions.

read more

Posted in African News, Business, ICT | Tagged , , | Comments Off on Vivo Energy and Orange Money announce Pan-African partnership.

Midsummer and Asia Clients Produces Lightweight Solar Modules

Midsummer, a leading supplier of production lines for cost effective manufacturing of lightweight flexible CIGS solar cells, today announced that its Asian client now manufactures lightweight flexible solar modules with conversion efficiency of 14 per cent.
Midsummer previously announced that they have sold their compact DUO solar cell manufacturing system to an Asian client. The system is in production and it produces flexible solar modules at record levels. The flexible solar module is made of cells from the client’s factory in Asia.

read more

Posted in Africa ECO, Green Energy, World News | Tagged , , | Leave a comment

1.2 Billion People Travelled the World in 2016, 58 million to Africa – UNWTO.

Destinations worldwide welcomed more than 1.2 billion people in 2016; while 6 billion people toured within their borders, in an unprecedented growth of the domestic travel sector. This is according to the latest tourist barometer report released by United Nations World Tourism Organization (UNWTO).

read more

Posted in African News, Travel, World News | Tagged , , | Leave a comment