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Will Africa be digitally relevant in the next 10 years?

Will Africa be digitally relevant in the next 10 years?

by Wayne Houghton on Apr 14, 2016



By: Wayne Houghton, Director of Growth Implementation Solutions, Frost & Sullivan Africa By 2025, jobs which were common place in 2015 will no longer exist. Students graduating in 2016, will have obsolete qualifications for which there will no longer be a profession by 2025. – Front-line military personnel will be replaced with robots – Private …Read More

Fleming. cracking Africa’s talent challenges

by Africa Business on Apr 14, 2016



WITH aggregate annual growth exceeding 6% and the continent’s collective GDP forecast at $2.6 trillion by 2020, Africa offers exciting prospects. However, this rapid growth combined with historic underinvestment in human capital is creating a serious shortage of talent in the region. (EgonZehnder 2016, Russel Reynolds Associates report 2015) What are the primary challenges companies …Read More

Landmark secures $20 million from Vantage Capital

Landmark secures $20 million from Vantage Capital

by Africa Business on Apr 14, 2016



Nigeria’s leading property developers secures $20 million funding from Vantage Capital, one of the largest fund manager in Africa. Vantage Capital made the announcement on Wednesday. “We look forward to partnering with Landmark as they develop a world class mixed-use precinct in Victoria Island,” said Vantage Capital Chief Operating Officer, Warren van der Merwe. “We were …Read More

14th Africa Independents Forum in London, May 25th & 26th. Corporate oil and gas players in Africa

14th Africa Independents Forum in London, May 25th & 26th. Corporate oil and gas players in Africa

by Africa Business on Apr 14, 2016



The 14th Africa Independents Forum 2016 (Africa-IndependentsForum.com), held 25-26th May in London at the Waldorf Hilton, being hosted by the Global Pacific & Partners / ITE Group Plc JV, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, large and small, established and new entrants, and provides enhanced …Read More

QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

by Africa Business on Apr 13, 2016



Private equity fund capitalizes on emerging opportunities in hospitality in sub-Saharan Africa QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. …Read More

South Africa Gets Investment Awards at the Annual Investor Meeting in Dubai

South Africa Gets Investment Awards at the Annual Investor Meeting in Dubai

by Africa Business on Apr 12, 2016



The Deputy Minister of the Department of Trade and Industry (TheDTI.gov.za), Mr Mzwandile Masina is leading a delegation to the Annual Investor Meeting (AIM) which is hosted under the patronage Sheik Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. The AIM conference focuses on Foreign Directives Investment (FDI) attractiveness, …Read More

Windstream Deploys Infinera Cloud Xpress for Data Center Interconnect in Chicago

Windstream Deploys Infinera Cloud Xpress for Data Center Interconnect in Chicago

by Africa Business on Apr 12, 2016



Infinera, provider of Intelligent Transport Networks, and Windstream (NASDAQ: WIN), a leading provider of advanced network communications, announced the deployment of the Infinera Cloud Xpress to provide pre-provisioned high speed connections between data centers in Chicago. As a leading provider of large bandwidth transport solutions, data center interconnect represents a significant revenue opportunity for Windstream. …Read More

Philippines company expands business distributorship networks in Zimbabwe

Philippines company expands business distributorship networks in Zimbabwe

by Wallace Mawire on Apr 12, 2016



A Philippines based company, Edmark International has spread it wings into Zimbabwe with the recent launch of its first Edmark Zimbabwe’s 1st anniversary expo recently on 19 March, 2016. The company is also reported to be registering a growing network of distributors across the country. According to Ms Yeoh Ee Ping, Edmark’s Corporate Communications Manager, …Read More

Learn How to Mitigate and Manage Reputation Risk – The Nr.1 Risk in the world 18 – 19 April in Johannesburg

Learn How to Mitigate and Manage Reputation Risk – The Nr.1 Risk in the world 18 – 19 April in Johannesburg

by Africa Business on Apr 9, 2016



Deon Binneman, the international Reputation Management speaker and trainer known as the Reputation Go-to Guy will facilitate a Reputation Risk Management Master Class on April 18 – 19 at the Hotel Apollo in Randburg, Johannesburg that will show how to mitigate and manage Reputation Risk – the Nr. 1 risk in the world. Worldwide reputation …Read More

Panama Papers: The AU/UNECA High Level Panel’s Warnings on Tax Evasion, Illicit Financial Flows and Tax Havens are Not Just another Recommendation!

by Africa Business on Apr 9, 2016



- Statement by Thabo Mbeki, Chair of Panel Over the past few days, there has been a furore in the global community regarding reports on “the Panama Papers”, an enormous leak of more than 11 million documents which are said to date back up to four decades and are allegedly connected to a Panama law …Read More

SWIFT Africa Advisory Group to hold inaugural meeting at the African Regional Conference 2016 in Mauritius

by Africa Business on Apr 8, 2016



SWIFT’s Africa Advisory Group, founded to provide senior industry insight into Africa’s financial markets, will hold its first meeting in Mauritius in advance of ARC 2016 SWIFT’s Africa Advisory Group (AAG) will hold its inaugural meeting on 16 May 2016 in advance of the SWIFT African Regional Conference in Balaclava Mauritius. Comprising key industry players …Read More

The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow.

by Africa Business on Apr 8, 2016



Ethiopia has previously relied heavily on pharmaceutical imports – or international manufacturers with a footprint in the country – to meet a growing consumer demand for medicine. As a result, several initiatives will be rolled out to improve the quality of healthcare in the country, owing to a large gap in the supply and demand …Read More

The Government of Angola is aware that the high reliance on the oil sector represents a vulnerability to the public finances and the economy more broadly.

by Africa Business on Apr 8, 2016



The sustained efforts over many years to promote economic diversification have already resulted in a significant increase in the contribution of the non-oil sector to GDP to 69,1% percent today, compared to 40 percent in the mid-80s. However, the oil sector still represented over 95% percent of export earnings and 52% percent of government revenue …Read More

Galvanising African Agriculture Through Efficient Farm Mechanisation

Galvanising African Agriculture Through Efficient Farm Mechanisation

by Africa Business on Apr 4, 2016



Vision of the Future from Massey Ferguson: Lusaka, Zambia 8 April 2016; New Ideas, New Techniques, New Thinking Massey Ferguson (MasseyFerguson.com), a worldwide brand of AGCO (NYSE:AGCO) (AGCOcorp.com), is inviting farmers and agricultural dealers from across Africa to attend its exciting ‘Vision of the Future’ farm mechanisation event at the AGCO Future Farm in Lusaka, …Read More

Engen digs deep to partner world-leading uranium mine

Engen digs deep to partner world-leading uranium mine

by Africa Business on Apr 4, 2016



Engen Petroleum, a leading producer and marketer of fuels, lubricants and oil-based products, is digging deep to ensure full operational efficiency for the Husab Uranium Project in Namibia during March 2016. China General Nuclear Power Holding Corp (CGNPC), China’s biggest producer of nuclear energy, has commenced mining at Husab. Once in full production, Husab will …Read More

Massive Leak of Secret Documents from Panamanian Firm Reveal Movement of Billions of Dollars in Suspect Transactions

by Africa Business on Apr 4, 2016



Panama Papers Show How World Leaders, Celebrities, Wealthy Individuals and Even Governments Use and Abuse Secrecy Jurisdictions of Global Shadow Financial System GFI Calls on Governments to Collect and Publish Beneficial Ownership Information for Accounts to Limit Future Abuses like those in the Panama Papers Leak WASHINGTON, DC—Leaked documents from global law firm Mossack Fonseca …Read More

DRC Mining Week: “We believe in this sector and in this country”

by Annemarie Roodbol on Mar 30, 2016



DRC Minister of Mines Martin Kabwelulu Labilo at opening session in Lubumbashi in June “There is no doubt that 2016 is a challenging year for the mining sector and therefore, also for the DRC” says Elodie Delagneau, event director for the upcoming DRC Mining Week that is taking place in June in Lubumbashi, the heart …Read More

Invest Sierra Leone – Sierra Leone’s only annual investment forum returns to London

by Africa Business on Mar 30, 2016



Invest Sierra Leone, the only annual forum dedicated to encouraging investment into Sierra Leone, returns to London on 5 May 2016.  Endorsed by the Sierra Leone Investment and Export Promotion Agency (SLIEPA), Invest Sierra Leone is a not-for-profit collaboration between Freetown Insight magazine, Sierra Leone’s only business journal, and leading global law firm – Herbert …Read More

AHIF Togo

AHIF Togo

by Africa Business on Mar 30, 2016



AHIF Togo is now happening on June 21-22 in Radisson Blu Hotel 2 Fevrier in Lomé. Have a look here: http://bit.ly/1PfRqmT #AHIF16

The Warmest Hospitable Town Gambela

The Warmest Hospitable Town Gambela

by Eden Sahle on Mar 30, 2016



Situated 844 kilometers west of Addis Ababa hiking in Gambela is one of the biggest trophies you can have on your travel wall of fame. Gambela is one of Ethiopia’s underrated cities. Tourism is still fairly minimal in this town, but there’s so much to discover. If you get off the beaten path and visit …Read More

Energy and Environment Partnership Southern and East Africa announces opening of its 12th and 13th Call for Proposal

by Africa Business on Mar 30, 2016



As a challenge fund, the Energy and Environment Partnership Programme with Southern and East Africa (EEP S&EA) (http://www.EEPAfrica.org) is seeking high-quality applications for projects in the two regions that can contribute to the reduction of poverty by promoting inclusive and job-creating green economy and by improving energy security while mitigating global climate change. EEP is …Read More

Aspiration to Make Ethiopia Top Five Destination in Africa

Aspiration to Make Ethiopia Top Five Destination in Africa

by Eden Sahle on Mar 30, 2016



Tourism is a booming industry in developing countries with ever increasing market share that account for two-thirds of globally sought destinations. In Ethiopia only, the industry generates $2.9 billion annually creating close to a million jobs covering 4.5% of the GDP. Travel & Tourism is an important economic activity in most countries around the world. …Read More

Ethiopia Topping East Africa’s Economic Growth

Ethiopia Topping East Africa’s Economic Growth

by Eden Sahle on Mar 30, 2016



Ethiopia has been praised for being one of the fastest growing countries not only from the continent but in the world. Ethiopia’s economy grew by 8.7% during 2015 and is expected to grow by 8.1% in 2016, according to International Monetary Fund (IMF) estimates. In 2014, Ethiopia’s economy grew by 10.3%, making the country one …Read More

New dates for AHIF in Togo: 21-22 June

by Africa Business on Mar 30, 2016



The new dates for the Africa Hotel Investment Forum in Togo have been announced and the event will now take place on 21-22 June 2016. The conference, which was scheduled for April, had to be postponed due to last-minute delays with the new flagship Radisson Blu Hotel du 2 Février in Lomé – a prestigious, …Read More

Signature of a funding agreement for the OSFACO project

Signature of a funding agreement for the OSFACO project

by Africa Business on Mar 30, 2016



Another step towards the adoption of satellite technologies by the countries of Central and Western Africa – Funded by the French Development Agency (AFD) and implemented by IGN FI, the program aimed at making SPOT satellite images available and reinforcing capabilities has now reached a new milestone by enlarging its scope from Central Africa to …Read More

MTN notes reports out of Nigeria

by Africa Business on Mar 30, 2016



Johannesburg – MTN Group has noted reports out of Nigeria about the fine imposed on MTN Nigeria by the Nigerian Communications Commission (NCC). MTN has previously advised shareholders not to make decisions based on press reports and MTN again urges its shareholders to refrain from doing so. MTN continues to engage with Nigerian authorities in …Read More

Exclusive interview with the Zambian Minister of Agriculture and Livestock, the Honourable Given Lubinda

Exclusive interview with the Zambian Minister of Agriculture and Livestock, the Honourable Given Lubinda

by Annemarie Roodbol on Mar 24, 2016



The Honourable minister is expected to be at the upcoming Agritech Expo in Chisamba from 14-16 April again. Honourable minister, thank you for this opportunity, you said in an interview recently that the government wants to transform agriculture in Zambia. Can you share your vision with us? Agriculture is the future of Zambia. We have …Read More

The Africa Tax Symposium

The Africa Tax Symposium

by Africa Business on Mar 24, 2016



Entebbe, Uganda, 4-6 May 2016 The Africa Tax Symposium (apo.af/qagRP4) is an annual authoritative event, drawing together tax professionals from all over the continent. The aim of the Symposium is to analyse the most pertinent international tax issues of the day and to place them within the African context. This is reflected in the signature …Read More

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey

by Africa Business on Mar 23, 2016



Ringier Africa Deals Group, a newly-founded joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings (Pty) Ltd, today announces it has acquired one of Nigeria’s biggest online shopping platforms, DealDey. The acquisition represents an expansion of Ringier Africa’s portfolio beyond publishing and digital marketing in Nigeria and Silvertree’s first e-commerce investment …Read More

The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost investment and growth in selected African countries

The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost investment and growth in selected African countries

by Africa Business on Mar 22, 2016



At the side lines of the landmark China-OIC Forum 2016 in Beijing, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund), a Beijing-based private equity firm focusing on Africa. …Read More

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