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Evaluating the best practices of Tourism

Evaluating the best practices of Tourism

by Eden Sahle on Aug 12, 2016



Tourism remained to be an imperative contributor to the economy and sustainable development in Ethiopia and beyond. Tourism is often backed as a means to diversify economic conditions in rural and urban areas by providing alternative sources of employment and income generation. The lucrative industry can contribute to the development of rural areas through public …Read More

Little known incredible facts about Ethiopia

Little known incredible facts about Ethiopia

by Eden Sahle on Aug 12, 2016



Ever assumed Ethiopia is a place of just a common thing. Nope, it’s truly a stunning and adventures country with globally praised competitive economy in Africa.  At a glance Jumia Travel Africa’s leading online hotel booking website identified little known facts about Ethiopia you probably never heard before. Truly Ethiopia is far from a place …Read More

International Day of Youth: Reach for Change Africa calls for strengthened social entrepreneurship sector to increase opportunities for innovative youth

International Day of Youth: Reach for Change Africa calls for strengthened social entrepreneurship sector to increase opportunities for innovative youth

by Africa Business on Aug 12, 2016



Reach for Change Africa is calling on social entrepreneurs, NGOs and government to play their role in strengthening the social entrepreneurship sector in Africa on International Day of Youth 2016. Reach for Change Africa, which runs innovation competitions, incubators and accelerators to support innovative African social entrepreneurs, affirmed that the best way to empower youth …Read More

Global Warming: How is Africa Affected?

Global Warming: How is Africa Affected?

by Joshua Amponsem on Aug 11, 2016



Various parts of Africa are faced by similar but quiet diverse effects of Global Warming. West Africa is most affected by high temperatures and irregular rainfall patterns accompanied with sea level rise. In East and Central Africa, major effects of global warming is in the word ‘warming’. That part of Africa is extremely warm which …Read More

SOMALILAND: Regulatory Gaps in Mobile Banking Platforms

SOMALILAND: Regulatory Gaps in Mobile Banking Platforms

by Mohammed Dahir Ahmed on Aug 11, 2016



Somaliland is one of the leading markets of mobile banking platforms in Africa. It has been acknowledged by renowned individuals, such as Bill Gates of Microsoft, and international finance and development institutions, for its innovation and customer reach. It has made easy payment systems for goods and services. It is also free, unlike in most …Read More

Leon Kluge and South African Mint to provide show stopping design at Cape Town Flower Show

Leon Kluge and South African Mint to provide show stopping design at Cape Town Flower Show

by Africa Business on Aug 11, 2016



The Cape Town Flower Show is delighted to have designer Leon Kluge participating at the event.  Not only one of South Africa’s most reputable international export garden designers, Leon needs little introduction in the world of showcase gardens.  His garden at the Cape Town Flower Show is being sponsored by South African Mint for whom …Read More

Thebe Reed Exhibitions uncovers SA’s most entrepreneurial sectors

by Africa Business on Aug 11, 2016



Local entrepreneurs see agriculture, services and the automotive industry as some of the sectors with the most growth potential, according to research by Thebe Reed Exhibitions. In research conducted among 2,000 visitors pre-registering for the upcoming #BuyaBusiness expo and Small Business Expo taking place at the TicketPro Dome in September, Thebe Reed found the largest …Read More

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year US$12 Billion Extended Fund Facility

by Africa Business on Aug 11, 2016



End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a …Read More

Consumer Enforcement Agencies must strengthen Intra and Extra Regional Initiatives

Consumer Enforcement Agencies must strengthen Intra and Extra Regional Initiatives

by Africa Business on Aug 11, 2016



The Acting Deputy Director-General of Consumer and Corporate Regulation at the Department of Trade and Industry (the dti), Mr MacDonald Netshitenzhe says consumer enforcement agencies should strengthen intra- and extra-cross border enforcement initiatives in order to achieve common consumer protection law and policies.  Netshitenzhe was speaking at three-day African Consumer Protection Dialogue Conference which started …Read More

Uganda to host the 4th Edition of the East Africa International Arbitration Conference (EAIAC)

Uganda to host the 4th Edition of the East Africa International Arbitration Conference (EAIAC)

by Africa Business on Aug 10, 2016



Now in its 4th Edition, East Africa International Arbitration Conference (EAIAC) (EAArbitration.com) has grown to become an authoritative platform in East Africa promoting the region’s legal capacity, and highlighting Arbitration as an alternative investment dispute mechanism. EAIAC 2016 will highlight the importance of international arbitration as a tool for promoting foreign investment on the Continent, look …Read More

The tourism cost of the Protests in Tshwane

by Unathi Sonwabile Henama on Aug 10, 2016



The tourism industry in South Africa remains in a constant crisis mode, it’s either this or its either that. The tourism industry requires our collective attention as it attracts more foreign exchange than gold mining, hence we call tourism the ‘’new gold’’. The South Africa economy challenged by structural challenges will not reach more than …Read More

Tourism and Aviation: The future of Africa

by Unathi Sonwabile Henama on Aug 10, 2016



Professor Molefe Asante, one of the top Afrocentric academics always counsels that ‘’ the truth requires no defence, the truth is its own defence’’. We as people speak truth to power we vocalising our feelings, aspirations, fears and the conditions that create freedom from the unfreedoms in our lives.  Michael Radu titled a piece Does …Read More

SAA/Mango Cross Subsidisation: A Viewpoint

by Unathi Sonwabile Henama on Aug 10, 2016



The media as expected, the unofficial evangelists of privatisation and the official opposition to South African Airways were blessed with joy and celebration at the resignation of the CEO of Mango Nico Bezuidenhout. It seems Christmas came early for many members of the Fourth Estate. From the onset, I am a firm believer that strong …Read More

The implications of the Miami shooting: Gay Tourism Implications for Cape Town

by Unathi Sonwabile Henama on Aug 10, 2016



Orlando in Florida is one of the top tourism destinations in the world, and the attack on a gay club is regrettable. People from the LGBT communities are people and this act of violence against LGBT communities is an attack on humankind. Sexual orientation is a choice, whether one agrees with or against it. Sexual …Read More

Islamic Finance is ideal for Agricultural, Micro & Rural Financing

Islamic Finance is ideal for Agricultural, Micro & Rural Financing

by Africa Business on Aug 10, 2016



Optimal Islamic Financial products are available to support rural economies: Zubair Mughal Islamic Finance provides an ideal mechanism to facilitate Agricultural, Irrigation, Livestock, Micro & Rural financing products to boost the green economy, it’s not only provides the a sustainable solution but creates the positive economic impact in lives of the farmers and rural communities. …Read More

Burundi Torture Review: UN Experts Concerned at Reported Reprisals

by Africa Business on Aug 8, 2016



The UN Committee against Torture has voiced grave concern about reported reprisals against four Burundian lawyers who provided information to it for a special review of Burundi. The Committee has sent a letter to the Burundian ambassador to the United Nations in Geneva, seeking urgent reassurances that no member of Burundian civil society would be …Read More

Debt in Eastern Africa is rising Rapidly, but Remains Manageable

by Africa Business on Aug 8, 2016



In Eastern Africa, debt stocks have risen rapidly over the past five years, but debt ratios appear to remain manageable, according to the UNCTAD Economic Development in Africa 2016 Report on  “Debt Dynamics and Development Finance in Africa” which was released in July in Nairobi during UNCTAD 14. The UNCTAD report was presented as a …Read More

The Ministry of Trade and Industry, UNIDO to launch Youth Employment Project in Luxor

by Africa Business on Aug 8, 2016



The Egyptian Ministry of Trade and Industry and the Luxor Governorate plan to announce on Thursday the launch of their joint project “Youth Employment for Socio-Economic Stability in Upper Egypt” which will be implemented jointly with the United Nations Industrial Development Organization (UNIDO) in cooperation with the Japanese government. “The project targets the agribusiness, renewable …Read More

New Report launched on UK Business Opportunities in Nigeria

by Africa Business on Aug 8, 2016



On Wednesday (27 July 2016) the Foreign Office in conjunction with PricewaterhouseCoopers held the official launch of the report ‘Seizing the Opportunity: An economic assessment of key sectors of opportunity for UK business in Nigeria’. The event was hosted by The Prime Minister’s Trade Envoy to Nigeria, John Howell, MP. During John Howell’s 4-day visit …Read More

UNIDO, African Union Commission and Government of Kenya to organize event on Africa’s industrialization in Nairobi

by Africa Business on Aug 8, 2016



The theme will be “Enhancing Africa’s structural economic transformation through Agenda 2063 and inclusive and sustainable industrial development: fostering partnerships between the Government of Kenya, the African Union Commission, UNIDO and the private sector” Prior to the sixth Tokyo International Conference on Africa’s Development (TICAD VI) to be held from 27 to 28 August, the …Read More

7th Argus Middle East Gulf & Indian Ocean Oil Products Conference (AMGIO 2016)

7th Argus Middle East Gulf & Indian Ocean Oil Products Conference (AMGIO 2016)

by Africa Business on Aug 8, 2016



Website: https://www.argusmedia.com/amgio “The Argus Middle East Gulf and Indian Ocean Oil Products Conference has been specifically designed to cover the spread of petroleum products with specific sessions on light distillates, middle distillates and bunker fuel to cater to the regional producers, traders, solution providers and end users of petroleum products” Contact Person: Harish Vasudevan | …Read More

Politics of Fear: Crisis in Ethiopia and the Role of the International Community

Politics of Fear: Crisis in Ethiopia and the Role of the International Community

by Fikrejesus Amahazion on Aug 8, 2016



Dozens of anti-government protesters have been killed and arrested by government authorities amid ongoing unrest in Ethiopia. For months, hundreds of thousands of protestors from Ethiopia’s largest ethnic groups have rallied to protest political marginalization and systematic persecution by the government. In June, a 61-page human rights report was released by Human Rights Watch, condemning …Read More

Johannesburg, the city of tourism gold

by Unathi Sonwabile Henama on Aug 7, 2016



The race to the Local Government Elections has meant that all political parties have campaigned intensely. The outcome is that on the 30 July, the Democratic Alliance has a rally in Dobsonville in Soweto. Soweto is the largest township in South Africa and the township is part of the fabric for struggle for liberation. The …Read More

Leveraging Opportunities in Africa

by Richard Li on Aug 5, 2016



It is unfortunate that the regular gloom and doom stories about Africa in the international mass-media contribute to the very negatively skewed picture of the continent; leading to the perception that the African continent is a lost cause. However, should we examine further the major African businesses that constitute Africa Inc, we will see a …Read More

SA Reserve Bank to focus on payment innovation

SA Reserve Bank to focus on payment innovation

by Africa Business on Aug 5, 2016



The South African Reserve Bank has thrown its weight behind local payment industry innovation and development, as the industry braces for a “time of unprecedented change”. Speaking at the 2016 Payments Association of South Africa (PASA) International Conference, Deputy Governor of The South African Reserve Bank (SARB), Mr. Francois Groepe, said that the industry is …Read More

‘Anyone Opposed the Contract Must be Dealt with’ Said The Minister

‘Anyone Opposed the Contract Must be Dealt with’ Said The Minister

by Abdirahman Mohamed Dirye on Aug 5, 2016



Somaliland’s contractual agreement with DP World faced resistance from stakeholders in Berbera seaport who used to run the port for their own mood for the past decades. Somaliland authority received $ 15 millions in advance from DP World according to the Finance Minister Samsam. But it could more than that. “Anyone rebels the deal is …Read More

Africa Hotel Investment Forum

Africa Hotel Investment Forum

by Africa Business on Aug 5, 2016



4-6 October 2016 – Radisson Blu Hotel & Convention Center, Kigali, Rwanda Website: http://bit.ly/2alJ9Fo

The new kids on the payground.  How African banks are losing their hold on the payment space

The new kids on the payground. How African banks are losing their hold on the payment space

by Africa Business on Aug 5, 2016



Traditional banks are poised to lose as much as 50% of their ownership of the payment space by the end of 2016. Their hold on the space began plummeting in 2014 from 100% to 75%, and will continue to fall in the coming year. And, according to CEO of mobile banking innovator WIZZIT International, Brian …Read More

Education a Key Component in Unlocking the Africa Promise

by Africa Business on Aug 5, 2016



Despite the International Money Fund predicting sub-Saharan Africa will post a 3% GDP growth rate this year, down from the 5–7% range previously recorded, the continent still possesses attractive opportunities for the global market. Many multinationals and local South African businesses are planning for and investing in providing goods and services to the 900 million …Read More

Tanzania Selects a Consortium Led by IGN FI to Design And Install Its Integrated Land Management Information System

by Africa Business on Aug 3, 2016



In July 2016, IGN FI was awarded the project funded by the World Bank, to design, supply, install and commission the Integrated Land Management Information System (ILMIS) of Tanzania. Since 2001, the Ministry of Lands, Housing and Human Settlements Development of Tanzania (MLHHSD) that is responsible for the land administration sector, has been incrementally implementing …Read More

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