Daily Archives: January 23, 2017
African Utility Week to host launch of YEPP for young power pros and graduates wishing to solve Africa’s energy challenges
African Utility Week to gather 7000+ power professionals in Cape Town
“Youth unemployment on the continent is a major epidemic and internship opportunities are an amazing solution to help maximize human capital development on the continent” says Daniel Antwi, co-founder of the Africa Internship Academy (AIA) that will launch its Young Energy and Power Professionals (YEPP) at this year’s African Utility Week in Cape Town in May.
Water scarcity – including availability and distribution, is one of a global challenge that requires immediate attention. A report from Global Market Insights, Inc on Global Atmospheric Water Generator (AWG) Market size indicated that the sector was worth USD 800 million in 2015 and is forecast to exceed USD 8 billion by 2024 driven by technological innovations.
It’s a new year and entrepreneurs are look into the prospect of the business environment globally. More importantly, entrepreneurs and investors are looking at Africa. Last year several reports indicated the spur in growth in many sectors within Africa – especially technology and e-commerce. In 2016, Frost and Sullivan conducted a survey which mentioned that digitization could make Africa the new China. From December 2016 to early this year, there has been growing conversations on bitcoin over various social media platforms in Sub-Saharan Africa, with many young people seeking to do online business and trade. Pertinent findings of the 6th annual Allianz Risk Barometer indicates that ‘cybercrimes’ and associated incidents is the biggest threat to the business environment in South Africa, political instability also leading threats in most countries in Sub-Saharan Africa, and Middle East, and while Business Interruption leads the global threat to Business.
Gulf Council Countries renewable energy targets have been reported to have the potential of creating an average of 140,000 direct jobs per year. The report which was published last year by International Renewable Energy Agency (IRENA) on renewable energy market analysis in the Gulf Council Countries (GCC) region sees an appreciable growth of renewable energy in the region and also declares Saudi Arabia as the world’s seventh largest oil consumer and the world’s largest oil exporter, thus making it an oil dependent economy. However, the country has declared plan to diversify its economy by depending on more green technology and sustainable sources.
Increasing drug response and the increase in chronic diseases is driving the global pharmacovigilance market size. A research report on global Pharmacovigilance Market Size and may other fields within the industry estimated Pharmacovigilance Market Size revenue to be over USD 3 billion in 2015 and is forecast to exceed USD 8 billion by 2024; With South Africa’s pharmacovigilance market size estimated over USD 37 million and anticipated for over 5 per cent growth.
World Economic Forum (WEF) report on ‘inclusive development index’ shows United States of America, Nigeria, South Africa, Brazil, Ireland, Japan, and Mexico have inclusive-development rankings that fall below their GDP per capita rankings. What this means is that, despite the economic growth witnessed in these countries, there is inequality in the share of the economic growth or prosperity. The United States had the largest gap existing between the countries GDP per capita rankings and the inclusive-development rankings. This urgently calls for a change in policies which restricts fairs hare of economic growth, employment, and increased profits.
Smart business ideas although not easy to come up with, it over simplify complex tasks and builds wealth. Evidently entrepreneurship and innovation must go hand in hand for it to generate economic growth. Smart business not only create jobs but also strengthen market competition and increase productivity bringing economic growth for developing countries such Ethiopia. Jumia Travel one of Africa’s successful startup which have expanded its business all over Africa and Europe shares seven smart business ideas that will lead to success to any innovative idea.
Germany and African Countries Seek to Strengthen Trade and Investment Ties at First Ever Germany-Africa Business Forum
Africa is a priority for German government in 2017 as it holds G20 presidency
More than 100 seminars and sessions aimed to help you start out or grow your business
“The event promises to be a game changer for the agri sector in Tanzania”