Daily Archives: October 2, 2017
Investment in innovation is critical if Africa’s new industries, especially in the information and communication technologies (ICT) sector, are to play a crucial role in promoting the continent’s structural transformation. The statement was made this week by Ms. Vera Songwe, Economic Commission for Africa’s (ECA) Executive Secretary in Dakar, Senegal at the 3rd Investing in Africa Forum (IAF), also known as the China-Africa Forum. Speaking on the theme of the Forum, “Africa Leapfrogging through Innovation”, Ms. Songwe said Africa is already leapfrogging in many areas but noted that this required leadership and persistence.
The Fund aims to address growing demand for high-quality healthcare services across North African and Sub-Saharan jurisdictions, through investments in high growth potential entities in three key sectors: specialized hospitals, medical diagnostics, and pharmaceuticals
The current account deficit is expected to widen to 21.5 percent of GDP
On 27 September 2017 Axiz introduced the latest addition to its software portfolio – Magic Software Enterprises Ltd., a global provider of end-to-end integration and application development solutions. The partnership will see Magic Software’s connectivity solutions distributed to enterprises in South Africa and neighbouring countries including Mauritius, Kenya, Zimbabwe, Namibia and Mozambique.