Facebook moves into larger South Africa premises as African growth accelerates

Left to right: Carolyn Everson – VP Global Marketing Solutions Facebook, Nunu Ntshingila – Regional Director Africa Facebook, Nicola Mendelsohn – VP EMEA Facebook

Facebook has moved its Johannesburg offices into new premises, creating a new home for the company to work with its partners to boost innovation and provide an African home for the Facebook culture. The new office will continue to provide support to Facebook advertisers, application developers and other key partners across the continent.

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Egypt is implementing a strong economic reform program

Following a meeting with Egypt’s President Abdel Fattah El Sisi in Washington today, Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement:
“President Sisi and I discussed the progress of Egypt’s economic reform program supported by the IMF’s $12 billion Extended Fund Facility arrangement.

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Global research shows tech savvy businesses grow, differentiate, compete and flex better when they commit to technology

A third of small businesses that have a significant focus on digitally innovating their business reported growth of more than 10% last year

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Business Risks in International Payment Processing

Doing business globally can certainly help your organization become more profitable, but it can be challenging to implement the elements needed to reach the global market. Having a good payment processing company can assist your business in making sure you have the tools required to meet all the risks you might face. Here are a few of the considerations when you are making cross-border transactions:

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WHO supports new initiative to more easily allow people living in South Sudan’s rural communities to access health services

Currently, only 40% of people in South Sudan are within reach of health facilities and have consistent access to primary health care services

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ZIFF AND TRACE MZIKI ANNOUNCE EAST AFRICAN MUSIC VIDEO AWARD

The Zanzibar International Film Festival, in partnership with TRACE Mziki, is proud to announce the East African Music Video Award, a new category that will honor the directors and producers who make East African artists look so good.

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Chasing Lazarus: A Hunt for the Infamous Hackers to Prevent Large Bank Robberies

According to Kaspersky Lab records, from December 2015, malware samples relating to Lazarus group activity appeared in financial institutions, casinos software developers for investment companies and crypto-currency businesses

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50 Kenyan companies listed in London Stock Exchange Group’s inaugural ‘Companies to Inspire Africa’ report

Collectively, Kenyan companies make up 14 per cent of the total number of companies in the report, one of the highest concentrations of high growth companies in Africa

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Alvaro Sobrinho’s work on sustainability, and the potential of agriculture in Africa

Dr Alvaro Sobrinho, trustee of The Planet Earth Institute, has written several articles underscoring the importance of having sustainable business models in Africa. Sobrinho’s work demonstrates that education, policy, business and environmental awareness need to be integrated in order to achieve a flourishing Africa. For instance, Dr Sobrinho has written both about the need for the provision of high quality PhD level education on the continent, and about the need to train a new generation of socially responsible African leaders. Looking at the agricultural sector in Africa through the lens of Sobrinho’s work yields some fruitful conclusions. Agriculture should be treated as a business, and it should be developed in a sustainable way.

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Brexit and economic deceleration in China pose risks for Africa’s growth says ECA director

Director Adam Elhiraika of the of Economic Commission’s Macroeconomic Policy Division says Africa’s economic growth declined from 3,7 percent in 2015 to 1,7 percent in 2016 due to weak global economic conditions, persistent low oil prices and adverse weather conditions and may further be affected by Brexit

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Sun Chaser Solar Powered Car on Display at American Corner at Sammy Marks Square, Pretoria

The solar car exhibition is part of the ongoing collaboration between the U.S. Embassy’s American Corner Pretoria, Tshwane University of Technology, the City of Tshwane, and Sammy Marks Square

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