Author Archives: Africa Business

uShaka Marine Park: Of Dashing Dolphins, Dieting Sharks, and Phantom Ship

The winds blow to the north, as if pushing the docking ships out of the harbor. A few meters above the ship roars a helicopter carrying the captains expected to dock the ship into Durban Harbor. Quite interesting, is the fact that foreign pilots are not allowed to dock in the vessels; you see the horizon of the approaching port, nurse down your sea sickness, curl back and vacate the cabin for the tough guys of Durban Port to guide the ship in. The morning is bright, the shiny sand seem to be calling, with such an allure you have to muster inner strengths to say no, and turn left through the gate to the mighty uShaka Marine Park. This park is Life, at least where the marine ecosystem is concerned.

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Jumia Travel Hospitality Report reveals the most popular destinations in Ethiopia.

Jumia Travel

Jumia Travel has released its annual tourism industry report exploring the factors that make up the Ethiopian tourism industry. The report portrays key trends of the country’s successes and failures as well as its untapped opportunities in the industry. Although the Ethiopian tourism sector has been bolstering over the years, recent safety and security concerns have been a major setback to the country’s growing leisure and conference tourism industry. However, the sector remains resilient as the country continues working towards prioritizing security to ensure the safety of visitors and citizens, as well as to minimize the impact of security threats.

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European Regulators Join African Banks to Discuss Economic and Financial Stability

Africa has witnessed a rapid expansion of cross-border banking, led by banking groups based in Africa that are spurring financial and economic integration and transforming the continent’s financial landscape. These institutions are occupying a space created by the retreat of several global bank groups from Africa in the wake of the crisis. African banks headquartered from Morocco to South Africa have each established business operations in at least 10 countries. Ecobank, headquartered in Togo—is present in more than 30 countries on the continent.

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Stick Man Sweeps Four Kidscreen Awards

Stick Man

Stick Man, Triggerfish Animation Studios collaboration with Magic Light Pictures, won four awards at the Kidscreen Awards this week, making it the most awarded animation on the night. Stick Man beat Shaun the Sheep: The Farmer’s Llamas and Bruno & Boots: Go Jump In The Pool to win Best One-Off, Special or TV Movie for Kids. The 26-minute short film also took home Best Direction for Jeroen Jaspaert and South African co-director Daniel Snaddon; Best Music; and Best Design. Triggerfish Animation Studios is a Cape Town-based film and Entertainment Company.

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FINAL CALL FOR SUBMISSIONS: 2017 Moriyama RAIC International Prize for $100,000

2017 Moriyama RAIC International PrizeThe Royal Architectural Institute of Canada (RAIC) reminds architects all over the world to enter the 2017 Moriyama RAIC International Prize competition for a chance to win 100,000 Canadian Dollars. The Prize, awarded every two years, is open to any architect working around the world, irrespective of nationality and location. Any architect, team of architects, or architect-led collaboration may submit a building or a related group of buildings that has been completed, occupied and in use for at least two years. The Prize celebrates a single work of architecture that is transformative, inspired, inspiring, and emblematic of the human values of respect and inclusiveness. An international jury will consider a range of criteria, including:

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SME Hustle in Kenya: How to get it right

Kenya bursts with entrepreneurial energy, with Small & Medium Businesses contributing around 90% of GDP. In fact, Kenyans are increasingly choosing to run more than one Small & Medium Business, and many others hold down a job while running a small hustle on the side. Billy Owino, Regional Director for Sage in East Africa, shares some views on how to get it right engaging in the SME Hustle in Kenya.

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BLK Super Speciality Hospital inks pact with Tanzania’s leading Orthopaedic Institute

blk super speciality hospital

In an ongoing pursuit of delivering paramount medical services and health care facilities to the African nations, India (New Delhi) based BLK Super Speciality Hospital has announced signing of a Memorandum of Understanding (MoU) with Muhimbili Orthopaedic Institute (MOI), which is one of the largest orthopaedic hospital in Tanzania. The pact would help promote cooperation and mutual understanding between the two countries.

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Aviation Africa 2017 to Open With a Sold-Out Conference and Exhibition

aviation africa 2017Aviation Africa 2017 takes place at the Radisson Blu Hotel & Convention Centre, Kigali, Rwanda on 22-23 February 2017.  The sold out conference and exhibition will be one of Africa’s largest Aviation events offering the opportunity for the international aerospace industry to network with Africa.

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Half of Global Mobile Phone Users Still Use Their Device for Only Talking and Texting

Global Mobile Phone Users

Research by GSMA, a company that represents the interests of mobile operators’ worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem, has revealed that almost half of global mobile phone users still only use their devices to make voice calls and send SMS, according to new consumer research by GSMA Intelligence. The new Global Mobile Engagement Index (GMEI) measures the level of engagement of mobile phone users across a wide array of use cases and services. This first-of-its-kind consumer index is based on inputs from the 2016 GSMA Intelligence consumer survey, which surveyed mobile users across 56 global markets representing 80 per cent of the world’s population. The first GMEI study was released on February 16th 2017, and is expected to be updated every year.

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2Face Idibia Joins Olori for GiveBack Concert to Save Nigerian Orphans

GiveBack Concert

2face Idibia (Tubaba) has decided to team up with Olori Wuraola Zaynab Ogunwusi, Yeyeluwa of Ife for the GiveBack Concert to put smiles on the faces of orphaned children from all over Nigeria.

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Convergence of Nations Released in French and Portugese

convergence of nations

This week, Jean – Claude Bastos de Morais – an African Entrepreneur, Investor and Innovation Influencer announced that two additional editions of the highly demanded book (The Convergence of Nations) have been released in French and Portuguese, adding up to the previous English version.

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Developers in Middle East and Africa to compete for $20,000 in Facebook Bots for Messenger Challenge

Facebook Bots for Messenger Challenge

Facebook just launched the Facebook Bots for Messenger Challenge, a contest to recognize and reward developers who are able to create the most innovative new bots on Messenger. From today, 15th February 2016, Facebook will accept applications for its Bots for Messenger Developer Challenge until 28th April, 2017. Over 20,000 USD cash prizes are expected to be won by s developers across the Middle East and Africa region who will be successful in creating innovative bots in the Bots for Messenger Developer Challenge. The contest is designed in three categories: Gaming and Entertainment; Productivity and Utility; and Social Good. Applicants (Developers) in teams (maximum of three) are invited from the Middle East and Africa region to create bots in these categories.

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Digitisation and the rise of Generation C

Charles Darwin said that it won’t be the strongest of the species that survives, nor the most intelligent; it’s the one that is the most adaptable to change. With the rapid evolution of digitisation, and Cisco’s predictions that 40% of business will die in the next ten years, digital transformation is critical to survival in the new world order. Cassie Lessing, managing director, Strato IT Group, developer of StratoPOD, a mobile business application for delivery documentation, says 2017 has seen a wave of new interest in digitisation.

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ISACA Survey: Cyber Security Skills Gap Leaves 1 in 4 Organizations Exposed for Six Months or Longer

cyber security

Sophisticated cyber security defenses are increasingly in high demand as a cyber security attack is now viewed as an inevitability. However, a majority of surveyed organizational leaders fear they are ill-equipped to address these threats head-on.

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Tullow Oil to Focus on Free Cash Flow in Reducing Debt

Tullow Oil

With 2016-end year post tax loss of 600 million USD, operating cash flow of 800 million USD, and revenue of 1.3 billion USD, Tullow oil has made notice that it will not be paying shareholder dividends.

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Mastercard to introduce Masterpass QR to impact 150,000 Kenyan MSMEs.

masterpass qr

As part of t’s global commitment to connect 40 million micro, small, and medium scale enterprises (MSMEs) to its electronic payment system by 2020, MasterCard will be rolling out its Masterpass Quick Response (QR) system in Kenya this year. The Masterpass QR is anticipated to bring smart financial inclusion to about 150,000 traders in Kenya by promoting business transaction and financial ease within the micro, small and medium, scale enterprise sector.

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Advances in Artificial Intelligence Will Help Machines Understand Human Thoughts using Brain Computer Interface.

Artificial Intelligence to present growth opportunities by leveraging thought-controlled interaction with machines, finds Frost & Sullivan’s TechVision team.

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