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FOB prices for cement increase, clinker prices remain flat in Mediterranean Basin

by Africa Business on May 26, 2016



FOB prices for ordinary Portland cement bulk register a 6.4 percent increase, according to the CW Research’s May update to Mediterranean Basin cement and clinker prompt delivery cargo price assessment. On the other hand, FOB prices for bulk ordinary clinker trended flatly at USD 30.8 per ton. The May update highlights a double digit decline …Read More

FarmTrack  Real – time savings to optimise your farming business and eliminate risk

FarmTrack Real – time savings to optimise your farming business and eliminate risk

by Africa Business on May 26, 2016



2016 is a challenging year for all producers in the agricultural sector. Instability in the local currency and volatile weather patterns, including wide-spread drought, are all factors that place a lot of extra pressure on farming operations. Sound financial management and optimised farming has never been this important. The key to accurate planning is knowledge …Read More

Culture Transformation Is The Organization’s Secret Agent

Culture Transformation Is The Organization’s Secret Agent

by Ahmed Ragab on May 26, 2016



Alike James Bond’s character, the fictional British Secret Service agent created in 1953 by writer Ian Fleming, I can see the culture transformation is your organization’s secret agent. Read the below lines to see the complete match. If you are an HR professional or mobilization consultant (AKA recruiter) in one of the secret agencies, the …Read More

Uber Kenya and Sidian Bank launch an innovative Vehicle Solutions Programme valued at Ksh 10 billion for driver-partners and investors in Kenya

by Africa Business on May 25, 2016



Uber (www.Uber.com) and Sidian Bank (www.SidianBank.co.ke) announced today that they have partnered to launch an innovative Uber Vehicle Solutions Programme that will give driver-partners and business investors convenient and affordable access to the quality vehicles they need to start or grow their Uber-based businesses. This comes shortly after Uber celebrated 1 million rides taken in …Read More

Tanzania International Forum For Investments, Dar es Salaam, United Republic of Tanzania

Tanzania International Forum For Investments, Dar es Salaam, United Republic of Tanzania

by Africa Business on May 25, 2016



12-14 July 2016 | Julius Nyerere International Convention Centre The Tanzania International Forum For Investments (http://www.TZiforum.com) is scheduled to take place at the Julius Nyerere International Convention Centre in Dar es Salaam, 12-14 July 2016. With confirmed funding commitments amounting to US$1 billion and confirmed participation from global investors and funding institutions in control of …Read More

International Space Station eyes African Continent

International Space Station eyes African Continent

by Africa Business on May 23, 2016



A South African satellite company just acquired the rights to distribute high-resolution satellite imagery of the African continent from the first publicly accessible high-definition cameras installed on the International Space Station. Cape Town-based Space Commercial Services Aerospace Group (SCS AG), Africa’s leading private satellite company, has acquired the imagery distribution rights for sub-Saharan Africa from …Read More

ZIFF 2016 Launches Crowdfunding Initiative

ZIFF 2016 Launches Crowdfunding Initiative

by Africa Business on May 23, 2016



HELP US FUND THIS JOURNEY OF OURS! The Zanzibar International Film Festival is one of the highlights of the island nation’s cultural calendar with thousands of people attending every year. Films, filmmakers, film-lovers and tourists all flock to the 9 day event that celebrates music, the arts and the spirit of the island itself. Every …Read More

Manufacturers Association of Nigeria Inaugurates Large Corporation Group to Boost Manufacturing in Nigeria

Manufacturers Association of Nigeria Inaugurates Large Corporation Group to Boost Manufacturing in Nigeria

by Africa Business on May 23, 2016



The Manufacturing Association of Nigeria (ManufacturersNigeria.org) has inaugurated its Large Corporation Group, which will amongst other things come up with policy recommendations that will lead to a conducive economic and social climate for the operation and development for large scale industries in Nigeria. Speaking at the inauguration ceremony, MAN’s President Mr. Frank Udemba said one …Read More

Quantum Global establishes Mauritius presence

Quantum Global establishes Mauritius presence

by Africa Business on May 23, 2016



11 new recruits join the team as part of the Quantum Global Group’s Africa expansion New executives to manage Quantum Global Group’s investment vehicles setup in Mauritius Mauritius, 23 May 2016 – Quantum Global is pleased to announce new hires as part of its overriding objective to increase investor access to Africa’s vast development potential …Read More

2063 Vision: Ministers move from ideas to action

by Africa Business on May 20, 2016



African ministers attending the 9th eLearning Africa Ministerial Round Table in Cairo on May 24th are looking to turn dreams into reality. Education and training are at the heart of the African Union’s 2063 Vision for a ‘transformed continent’ and ministers of Education, Skills, Finance and ICT from all over Africa will discuss delivery mechanisms …Read More

FinTech must identify the problem if disruption is to be successful

FinTech must identify the problem if disruption is to be successful

by Africa Business on May 20, 2016



Focusing on technology innovation before correctly identifying the problem to be solved is not the way to successfully disrupt financial services, agreed a panel on disruptive technology at the 23rd SWIFT African Regional Conference in Mauritius today. Mauritius, 20 May 2016 – Kevin Johnson Head of Innotribe Innovation Programmes at SWIFT, says Innotribe has learned …Read More

Growth is on the African Business Agenda

Growth is on the African Business Agenda

by Africa Business on May 20, 2016



Africa remains one of the preferred frontiers for investment opportunities and doing business, according to a report released by PwC Africa (PwC.com). Growth and foreign direct investment has continued in Africa amid the recent global economic uncertainty. Download the report: apo.af/GQ1wcC This is confirmed by PwC’s Africa Business Agenda survey, which shows that Africa and …Read More

Ibis Styles is number one brand for planned hotels in Africa

by Africa Business on May 19, 2016



Ibis Styles has emerged as the front-runner for the number of planned hotels in Africa, knocking back Hilton and Radisson Blu which for years have been locked in a contest for first and second place. According to the annual Hotel Chain Development Pipeline Survey, from W Hospitality Group, Ibis Styles leads the top 10 brands …Read More

Tourism an apex industry

by Unathi Sonwabile Henama on May 19, 2016



The Tourism Indaba is the premier travel exhibition show on the African continent, hosted in the Indian Ocean city of Durban. The tourism industry has gained political mileage with the introduction of the visa regulations last year on the 01 June, which were later revised after intense lobbying by the tourism industry. The voice of …Read More

Leicester City, and Tourism South Africa

by Unathi Sonwabile Henama on May 19, 2016



Leicester City have been crowned English Premier League (EPL) champions, creating an unlikely Cinderella story. Leicester City has been now confirmed as the 8th wonder of the world. Leicester City, who rose from likely relegation to league champions in just one season, are owned by Thai billionaire Vichai Srivaddhanaprabha, who arranged their visit to Thailand …Read More

South Africa: Rates unchanged, but upside risks remain

by Francois van der Merwe on May 19, 2016



By Francois van der Merwe, Head of Offshore Investments at Novare The rand touched its weakest level in two months following the South African Reserve Bank Monetary Policy Committee’s decision to leave interest rates unchanged. The Reserve Bank’s decision to keep rates steady was widely anticipated, given that consumer price inflation figures released earlier this …Read More

New United Nations study finds digital payments to Ebola response workers saved lives and $10 million

by Africa Business on May 19, 2016



Mobile phones serving as digital “wallets” for payments to response workers proved an invaluable tool in Sierra Leone’s response to the Ebola crisis, according to a new study from the United Nations-based Better Than Cash Alliance (BetterThanCash.org). With economic instability, natural disasters and political conflict now taking place at unprecedented rates, the new research offers …Read More

Young Ghanaian builds footwear company with a difference

Young Ghanaian builds footwear company with a difference

by Africa Business on May 19, 2016



Ghanaian Mabel Suglo (21) is the young social entrepreneur behind EcoShoes, a company that employs people with disabilities to manufacture eye-catching shoes and accessories from discarded tyres and recycled materials. Her business is based in the city of Kumasi. She started the company in 2013 when she was just 19, and two years later has …Read More

How a 17-year-old started a poultry business in the slums of Dar es Salaam

How a 17-year-old started a poultry business in the slums of Dar es Salaam

by Africa Business on May 19, 2016



Sirjeff Dennis was five when he witnessed a neighbour lose her seven-month-old son. Living in the slums of Tanzania’s capital city Dar es Salaam, the mother had spent much of her pregnancy hungry and her son was born underweight and too weak to survive his first year. His death hit Dennis hard and created a …Read More

Why every investor should think about adding offshore investments to their portfolio

by Africa Business on May 19, 2016



The recent volatility of the rand, with experts predicting further weakness, as well as extended low growth in local markets, has led many investors to cast their eyes offshore. No investment should be made on sentiment or emotion alone, so what exactly constitutes a considered approach to offshore investing? “Short-term currency fluctuations should not be …Read More

The young Zimbabwean with a free online classroom for students

The young Zimbabwean with a free online classroom for students

by Africa Business on May 19, 2016



“My vision is to see an Africa that is free from poverty. This can only be achieved if we, as business people, take the front role in empowering our people.” This is the view of Farai Munjoma, the 19-year-old social entrepreneur behind a new e-learning platform in Zimbabwe, called Shasha Iseminar. The site offers A-level high …Read More

Nigerian and SA reserve banks on track with payments infrastructure

Nigerian and SA reserve banks on track with payments infrastructure

by Africa Business on May 18, 2016



Tim Masela from the South African Reserve Bank and Dipo Fatokun from Central Bank of Nigeria spoke to Sido Bestani, Head of Middle East, Turkey & Africa, SWIFT, during the 23rd SWIFT African Regional Conference today about various initiatives both banks have implemented to develop payments infrastructure. Tim Masela, Head of National Payment System Department, …Read More

Sub Saharan Africa Power Summit 2016

Sub Saharan Africa Power Summit 2016

by Africa Business on May 18, 2016



October 2016, Cape Town, South Africa http://www.ssapower.com/

2016 Africa Insurance & Reinsurance Conference

2016 Africa Insurance & Reinsurance Conference

by Africa Business on May 18, 2016



28th – 29th June, 2016 Nairobi, Kenya Website: http://www.aidembs.com/insurance_conference/

SWIFT’s messaging traffic grows by 12.5 percent in Africa

by Africa Business on May 18, 2016



Figures released ahead of SWIFT’s 23rd African Regional Conference show Africa has outperformed the total growth of SWIFT globally with significant traffic increase across securities and treasury markets Data from SWIFT shows that Africa’s traffic growth has outperformed the total growth of SWIFT globally. In the year to date, total message traffic volumes grew by …Read More

4th Africa Palm Oil Value Chain 2016

4th Africa Palm Oil Value Chain 2016

by Africa Business on May 18, 2016



Organizing Company: Centre for Management Technology Event Name: 4th Africa Palm Oil Value Chain 2016 Date of Event: 01-02 Sep, 2016 State/Country: Abidjan, COTE D’IVOIRE Event Venue: to be advised Event URL: http://www.cmtevents.com/main.aspx?ev=160931&pu=267434 Contact Name: Ms. Hafizah Adam Email Address: hafizah@cmtsp.com.sg Telephone Number: +65 6346 9218

South African Industry has New Infrastructure Opportunities in Sub-Saharan Africa If They Take Long-Term View

by Africa Business on May 18, 2016



In the face of growing international competition in Sub-Saharan Africa, South African-based companies need to take a long-term strategic view of the region and how best to take advantage of the opportunities presented by the demographic, industrial and energy evolution that is taking place. “Low commodity prices have tempered the desire of many companies to …Read More

E-commerce paving its way in the Untapped Ethiopian Market

by Eden Sahle on May 18, 2016



Ethiopia is rapidly growing its communications infrastructure, with broadband fiber optic cables and 4G networks rolling out internet in Addis Ababa to popularize e-commerce among other services. E-commerce in its simplest sense is trading electronically. E-commerce brings the benefits of cost effective product promotion, timely and consistent information, better customer service and relationships, customization of …Read More

Ethiopian Airlines Became the Giant Economic Wing

Ethiopian Airlines Became the Giant Economic Wing

by Eden Sahle on May 18, 2016



The multi award winner giant, Ethiopian airlines contributes to economic development by enabling the movement of passengers and goods across borders, generating revenue to the country’s economy; registering an average growth of 25% for the past seven years. Commercial airports have a huge economic impact in Ethiopia meeting the travel needs of business and leisure …Read More

A united African approach, policy support for entrepreneurship and increased efficiencies needed to confront the impact of megatrends

A united African approach, policy support for entrepreneurship and increased efficiencies needed to confront the impact of megatrends

by Africa Business on May 18, 2016



Industry leaders discussed the key issues facing the continent and how best to mitigate their impact at SWIFT’s African Regional Conference. Mauritius, 18 May 2016 – The opening plenary of SWIFT’s 23rd African Regional Conference today brought together industry leaders from across Africa to discuss the most important issues facing the continent. Recurring themes from …Read More

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