Category Archives: Mag

Safe banking in the virtual money market

On the back of the digital transformation, the virtual money market has seen exponential growth and has changed the way that many people deal with money.  While it may be difficult to imagine a cashless society, it’s important to understand that money is merely an agreement to use something as a medium of exchange. The function and purpose of cash is, therefore, assigned by our cultural and social systems. read more

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World tourism remains resilient despite global uncertainties’ knock down

With a 3.6% real GDP growth in Q1 2017, the world economy has remained strong, surpassing the earlier forecast at 3.5% for 2017-2018. This growth, according to Euromonitor International, is and continue to be highly driven by emerging markets which account for approximately 74% of the world’s real GDP expansion, and a predicted share of up to 79% by 2020. read more

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Maturation of Sub-Saharan Africa Hotel Sector Presents New Opportunities

Real estate consulting firm, JLL published the results of a sector report on hotel real estate on the continent at the 2017 Africa Hotel Investment Forum in Rwanda read more

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The Diminishing Impact of Terrorism

“Terrorism is an unfortunate “fact of life” that has plagued society throughout the whole of the last two millennia. However, in recent years an increasing number of attacks, across a wider part of the world, have led to a changing dynamic in relation to the impact of such attacks. Since January 2015 there have been, on average, two terror attacks and fifteen people killed every day, and that is excluding terror attacks in warn torn countries like Iraq, Syria and Afghanistan. And yet you are still 5 times more likely to die from falling out of bed than a terror attack”, said David Harper. read more

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UK government sets out plans to curb illegal ivory trade in Africa

Environment Secretary proposes a ban on ivory sales to help bring an end to elephant poaching.Ban will prohibit the sale of ivory items of all ages. Plans will put the UK at the forefront of global efforts to address the drastic decline in the elephant population. The UK will impose a ban on ivory sales to help bring an end to the poaching of elephants, under plans announced by Environment Secretary Michael Gove today.

The proposals will protect elephants and help combat poaching by removing opportunities for criminals to trade illegally-poached ivory. Today’s plans will be subject to a 12-week consultation and cover items of all ages, not only those created after a certain date. read more

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Identifying New Energy Markets In Africa

The population in Africa is growing with an expected 6% annual increase in demand for electricity, but the deficit in access to energy in Africa is a severe constraint to growth, development and productivity – on a scale that restricts Africa’s ability to compete effectively in the global economy. Two thirds of the population in Africa (est. 620 million people) are currently without electricity with large parts of the population living in rural and scattered areas. read more

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STR: Africa’s hotel supply projected to grow 11%

Ahead of the Africa Hotel Investment Forum (AHIF)STR highlights Africa’s key hotel development and performance trends. read more

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New routes boost Africa arrivals 13.3%

Fading security and health concerns aid recovery read more

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Nigerian industrialist Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”

At the Financial Times’ 4th annual Africa Summit at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko Dangote, Africa’s most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders. read more

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Nigerian Hotels are the most valuable on the African mainland

Nigerian hotels are the most valuable hotels on the African mainland, according to the African Hotel Report 2017 that will be released at the Africa Hotel Investment Forum in Kigali tomorrow. read more

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Made in Central Africa: From a Vicious to a Virtuous Circle (Video)

“Made in Central Africa : From a Vicious to a Virtuous Circle” is a video procuced by APO Group (Apo-opa.com) for the : United Nations Economic Commission for Africa (ECA). read more

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African national oil companies (NOCs) need to evolve for the future in light of a challenging and disruptive environment: PwC analysis

Chris Bredenhann, PwC Africa Advisory Oil & Gas Leader

African countries that have for decades depended on their national oil company as a key source of revenue will need to rethink business models and strategies to avoid being captive to a single energy source and to allow them to rebalance budgets read more

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Jumia Travel Releases Q3 Customer Analysis to Mark Customer Service Week

 Online reviews and seamless payment methods take lead as key drivers in Kenya read more

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Taking an intelligent approach to Africa’s promising mobility revolution

Kevin Pillay – Vice President for Mobility at Siemens Africa

  • Electrification, automation and digitalization of existing infrastructure gives citizens access to safe, reliable and efficient modes of transport
  • Intelligent traffic systems reduce road congestion, automated rail infrastructure improves train efficiency and commuter safety
  • Well-integrated intelligent mobility network promotes a culture of eco-friendly travel and healthier living

Despite the continent’s transport infrastructure lagging behind global standards for decades, Africa is bracing itself for a transport revolution as more countries embrace the onset of new technology. read more

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