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Most Effective Advertising Platform for African Businesses

by Joshua Amponsem on Jun 21, 2016



Undoubtedly, the average youth and working adult spend most of their leisure time surfing the internet. Entertainment, Business, Health, Lifestyle, Government and Politics, News, Movies and Music are all accessed via online platforms. Thus, most of our African youth, working adults and a smaller portion of the aged group have recommended online advertisement and e-marketing …Read More

Hotel Boom in Africa – Carlson Rezidor leading Expansion

by Africa Business on Jun 21, 2016



Carlson Rezidor is accelerating its growth strategy in Africa. The group has opened five Radisson Blu hotels in the first six months of 2016 and signed four new hotels including the first Quorvus Collection in Africa. The group is also entering 28th country in Africa and taking the Park Inn by Radisson brand to the …Read More

June Persian Gulf-Arabian Sea cement prices decrease 7%+, clinker prices increase 4%+

by Africa Business on Jun 21, 2016



On a monthly basis, cement FOB prices registered a 7+ percent MoM decrease in Persian Gulf-Arabian Sea region, while export prices for bulk ordinary grade clinker increased by more than 4 percent. The CW Research’s June update to Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment shows East African CFR …Read More

New 1/200,000 scale baseline mapping for Mali: The project comes to an end in September 2016

New 1/200,000 scale baseline mapping for Mali: The project comes to an end in September 2016

by Africa Business on Jun 21, 2016



The European Union called on IGN FI in October 2012 for a project to rework Mali’s 1/200,000 scale national topographic map, create derived projects and services and modernize the Geographic Institute of Mali (IGM). This project, financed by means of the 10th EDF (European Development Funds) has a dual objective: –        Creating a national reference …Read More

Minister Highlights Equatorial Guinea’s Oil and Gas Legacy of Exploration Success at Africa Assembly

Minister Highlights Equatorial Guinea’s Oil and Gas Legacy of Exploration Success at Africa Assembly

by Africa Business on Jun 21, 2016



Equatorial Guinea’s government is promoting its offshore acreage and showcasing the nation’s oil and gas achievements in the EG Ronda 2016 oil and gas blocks licensing round. H.E. the Minister Gabriel Mbaga Obiang Lima, Minister of Mines, Industry and Energy of Equatorial Guinea, has reiterated his call for increased investment in oil and gas exploration. …Read More

2017 Investing in African Mining Indaba Introduces Significant Price Reduction for Mining Corporates

2017 Investing in African Mining Indaba Introduces Significant Price Reduction for Mining Corporates

by Africa Business on Jun 21, 2016



Investing in African Mining Indaba (bit.ly/1Q8v7qr), the world’s largest mining investment event, today announced registration is open. Reacting to the market conditions and unfavorable currency-conversion rates that have resulted in recent lower attendance, Indaba official shave announced a new historic price reduction for mining and exploration companies. Registration fees are as much as 50% lower …Read More

Al Jazeera Media Network denounces the death sentence against Ibrahim Helal

by Africa Business on Jun 20, 2016



The Egyptian Criminal Court sentenced our colleagues Ibrahim Helal, former director of news at Al Jazeera’s Arabic channel, and Alaa Sablan, identified by the prosecution as an Al Jazeera journalist,  to death on Saturday, 18 June 2016. The two journalists were falsely accused of wrongdoing under what is known as “The Espionage Case,, together with …Read More

Ghana Announces New Online System for Export Documentation

by Joshua Amponsem on Jun 19, 2016



At a stakeholder forum which was organized by the Bank of Ghana (BoG) and the Ghana Community Network Services Limited (GCNet) to meet with Banks and Exporters, BoG’s Deputy Governor – Mr. Millison Narh announced an upcoming development within their services with the export sector. Mr. Narh said at the forum that by July 1st, …Read More

Workers at Dangote in Ghana Goes on Demonstration

Workers at Dangote in Ghana Goes on Demonstration

by Joshua Amponsem on Jun 18, 2016



The multinational cement manufacturing company which recently announced construction of a new manufacturing site in Takoradi had its staff at the Tema yard going on a fierce demonstration requesting change of the current financial controller, Mr. Tunde. The main drive of the demonstration was on the basis that workers are not satisfied with their salary …Read More

#DIAA2016 Releases Nominees List for Best Digital Bank for Africa

#DIAA2016 Releases Nominees List for Best Digital Bank for Africa

by Africa Business on Jun 18, 2016



The Annual Digital Impact Awards Africa (DIAA2016) has today released a list of the Nominees for Best Digital Bank for Africa. The Best Digital Bank for Africa nominations’ release is in addition to the earlier announced nominees and recipients of Medals of Honor. The Awards and Medals of Honor will be presented at Kampala Serena …Read More

Ethiopian Tourism Aspiring for Record Number of Visitors

Ethiopian Tourism Aspiring for Record Number of Visitors

by Eden Sahle on Jun 18, 2016



Enjoying untapped massive tourism potential owing to its natural, historical and cultural gifts, Ethiopia is yet to take full benefit of the industry improving its infrastructure and promotion capacity. Ethiopia is eyeing to perk up its tourism sector to fully benefit from its tourism potentials, raising the revenue from tourism. Although the country has natural …Read More

Payroll fraud: a serious threat to your business’s sustainability

Payroll fraud: a serious threat to your business’s sustainability

by Africa Business on Jun 17, 2016



Payroll is one of the largest expenses for Small & Medium Businesses and larger enterprises in West Africa, yet many organisations are neglecting the importance of managing the risk of fraud in this area of the business. That’s according to Magnus Nmonwu, Regional Director for Sage in West Africa, who says that payroll fraud is …Read More

Researchers Must Focus on African Businesses to Boost Economy

Researchers Must Focus on African Businesses to Boost Economy

by Joshua Amponsem on Jun 17, 2016



Globally, Africa’s economy is noted to be a fluctuating one – performing differently from predicted outlook and projections. This has, and is still, impeding the rate of investment and economic growth of Africa’s business sector. Evidence based research predicted decades ago that some African countries, like Nigeria, South Africa, Ghana, Kenya and Zimbabwe could be …Read More

South Africa equity market not saved from pre-Brexit vote fallout

by Nosibusiso Ngqondoyi on Jun 17, 2016



By Nosibusiso Ngqondoyi, Head of Research, Novare – Our local equity market has not been spared as it is down close to 5% levels month to date as investors are pulling assets to invest into what is deemed safe haven investments. – South Africa will be amongst the countries likely to be affected the most …Read More

The Green Mountain of Debre Birhan

The Green Mountain of Debre Birhan

by Eden Sahle on Jun 17, 2016



The gorgeous greener small town in Northern Shoa of Ethiopia, Debre Birhan found 130Km from Addis Ababa. This oldest town in Ethiopia was erected by King Zera Yacob in 14th century. In this small village, the hills are alive and greener with enchanting views and plenty of things to do. As experts in travel, Africa’s …Read More

Diaspora supporting the Ethiopian Economy

Diaspora supporting the Ethiopian Economy

by Eden Sahle on Jun 17, 2016



Endearing the interest of the diaspora community Ethiopia started to generate its foreign currency from its own citizen’s investment who went abroad for work and education. It’s a recent phenomenon since Ethiopia created international fame for its staggering double digit growth for the past ten years. According to economists, stable political climate, peace, safety and …Read More

June FOB prices for cement and clinker increase 4%+ in Mediterranean Basin

by Africa Business on Jun 17, 2016



Med Basin FOB prices for prompt deliveries of bulk ordinary Portland cement registered a 4.4 percent increase MoM, according to the CW Research’s June update to Mediterranean Basin cement and clinker prompt delivery cargo price assessment. Export prices for bulk ordinary grade clinker increased by a similar rate, 4.9 percent MoM. “Portland bulk cement and …Read More

Is your phone fueling conflicts in DRC?

Is your phone fueling conflicts in DRC?

by Ronald Chawatama on Jun 16, 2016



Blog article by Ronald Chawatama Animus Sustainability Portal (http://sustainabilityblog.animus-csr.com/) The world today is more connected than it was even 20 years ago, and at the center of it is mobile technology. Mobile technology has changed rapidly and with it so has the way of our life, from how we socialise, network and even carry our …Read More

Small business: no single recipe for success

Small business: no single recipe for success

by Africa Business on Jun 15, 2016



How you achieve business success depends on your appetite for risk and your individual management style, say experts. Whether you take a high-risk, fast-tracked approach or opt for solid organic growth, building a sustainable small business demands careful planning, hard work and inevitable failures. That’s according to business experts serving on the advisory board of …Read More

African banks are sleeping through the mobile revolution

African banks are sleeping through the mobile revolution

by Brian Richardson on Jun 15, 2016



Mobile banking in Africa is a golden egg waiting to be seized by the quickest innovator – and African banks are close within its reach. But with the proliferation of mobile banking services offered by Mobile Network Operators (MNOs), banks are running the risk of being beaten at their own game. African banks’ reactive approach …Read More

Ghana: Community Health Nurses Resumes Strike

by Joshua Amponsem on Jun 15, 2016



In Ghana, about 13,000 Community Health Nurses (CHNs) provide health care services to communities at their door step. Termed as ‘Home Visit’, CHNs visit communities to provide child welfare and family planning health services to rural communities. It was not long ago when rumours outraged that CHNs are planning to go on strike due to …Read More

Africa Economic Outlook: Migration Trends in Africa, an Investment Opportunity

by Joshua Amponsem on Jun 13, 2016



In Africa, rural-urban migration is a common practice which results in over population in urban centers and mounting pressure on social amenities. Increasing trends of rural-urban migration is creating slums in cities. Previously, such migration trends symbolized economic transformation and improvement for cities and countries – as there was a large human resource available in …Read More

MTN to Pay 1.7 Billion USD Fine To Nigeria

MTN to Pay 1.7 Billion USD Fine To Nigeria

by Joshua Amponsem on Jun 13, 2016



MTN, South African Telecom Company, is set to pay a whopping 1.7 billion USD to Nigeria – its biggest market in Africa. The reason behind the 1.7 billion USD fine, revealed to be a final settlement agreement, is due to the company’s inability to disconnect unregistered sim card users. The misconduct which led to an …Read More

Ethiopia Attacks Eritrea: Things to Understand

by Fikrejesus Amahazion on Jun 13, 2016



Dr. Fikrejesus Amahazion 13 June 2016 On Sunday, the Ethiopian government launched an attack against Eritrea on the Tsorona Central Front. According to a BBC report, “witnesses report hearing heavy gunfire and seeing Ethiopian troops and tanks heading towards Eritrean border.” The region, located along the tense border between the two countries, was the scene …Read More

Africa Hotel Investment – Cairo and Cape Town on Top

by Africa Business on Jun 13, 2016



Cairo and Cape Town’s hotel markets have experienced strong performances over the past five years, according to figures from data and analytics specialist STR. Despite political turmoil, Cairo is starting to recover and the compound of annual growth rate (CAGR) for revenue per available room (RevPAR) was up 14.9% for the 2011 to 2015 time …Read More

Angola: Illegal Wildlife Trade Higher Than Arms Smuggling

Angola: Illegal Wildlife Trade Higher Than Arms Smuggling

by Joshua Amponsem on Jun 12, 2016



United Nation’s Environment Programme (UNEP) and Interpol has revealed through a report on Environmental Crime that inability to prevent and halt wildlife/environmental crime will make it impossible to achieve the Sustainable Development Goals (SDGs). During this year’s World Environmental Day, all strength and vigor was headed towards Angola – Africa’s biggest ivory and bush meat …Read More

Eritrea and Human Rights: Notes on the Commission of Inquiry

Eritrea and Human Rights: Notes on the Commission of Inquiry

by Fikrejesus Amahazion on Jun 12, 2016



As expected, the Commission of Inquiry on Eritrea (COIE) declared that “widespread” human rights abuses have been committed in Eritrea over the past 25 years and should be referred to the International Criminal Court (ICC) as crimes against humanity. While the report and allegations, based on the work of a three-person panel, are serious, both …Read More

The threat of terrorism attacks on South Africa: A tourism outlook

by Unathi Sonwabile Henama on Jun 12, 2016



The December 2015 tourist arrivals statistics released by Statistic South Africa revealed that the UK’s contribution on inbound international tourists is represented by 54 608 tourists, whilst the USA produced 28 691 tourists. These two countries, both in the West represent 35.5% of the total inbound tourism market to South Africa. African countries receive less than 10% …Read More

2ND Africa Women Innovation & Entrepreneurship Forum (AWIEF)

2ND Africa Women Innovation & Entrepreneurship Forum (AWIEF)

by Africa Business on Jun 12, 2016



Under the theme “Accelerating women’s economic empowerment in Africa’s best interest”, the 2nd edition of the premier Africa Women Innovation & Entrepreneurship Forum (AWIEF) will once again gather, from across Africa and the globe, top women entrepreneurs and women in business, thought leaders, investors, SMEs, MSMEs, international development organizations, NGOs, foundations, government policy-makers, and the …Read More

Mobile money could give Kenyan entrepreneurs a business boost

Mobile money could give Kenyan entrepreneurs a business boost

by Africa Business on Jun 12, 2016



Much has been said and written about how person-to-person mobile money transactions are transforming Kenya’s economy, but the technology also has the potential to help entrepreneurs take their businesses to the next level. That’s according to Dr. Rutendo Hwindingwi, divisional director for Sage East and West Africa, who says that the explosion in mobile money …Read More

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