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Morocco’s Noor hybrid projects extend the reach of CSP

by Heba Hashem on May 18, 2016



Morocco is following in Chile’s footsteps with two new solar hybrid complexes that will maximize synergies and optimize the cost per kilowatt hour. Visit http://www.csptoday.com/menasol/ and get a deeper view on how to secure developments, win bids and deliver profitable solar projects. The first of these independent power projects, Noor Midelt, is envisioned as a …Read More

“Every Kenyan” has had to pay bribes – Odinga tells Al Jazeera

“Every Kenyan” has had to pay bribes – Odinga tells Al Jazeera

by Africa Business on May 16, 2016



The former Kenyan Prime Minister, Raila Odinga, admitted to Al Jazeera English’s Mehdi Hasan  that “every Kenyan”, including himself, has had to pay a bribe to get things done. “The question is ‘when’, it’s not ‘if’” he quipped. While in government, Odinga was “offered bribes” but said that he always “resisted” taking them. He added …Read More

Annoucing the Africa Insurance & Reinsurance Conference 2016 to be Held in Nairobi Kenya

by Africa Business on May 16, 2016



The 6th Annual Africa Insurance & Reinsurance Conference 2016, is scheduled to be held in Nairobi Kenya on the 28th – 29th June 2016 http://aidembs.com/insurance_conference/

Africa’s growth: Meltdown or slowdown?

by Africa Business on May 15, 2016



Measuring potential and progress: the Africa Attractiveness Index Economic growth across the region is likely to remain slower in coming years than it has been over the past 10 to15 years. The International Monetary Fund’s (IMF) baseline projection for 2016 is now down to 3%, from what was a forecasted 6.1% in April 2015(1). The …Read More

Africa’s CEOs look to innovation and technology to stimulate growth in uncertain global economic environment

by Africa Business on May 15, 2016



In Africa’s boardrooms growth is on the agenda – together with addressing stakeholders’ expectations and concerns and managing the pipeline of talent. Business strategies of companies include the growing of regional operations, investing in and developing innovative and technological products and services, and strengthening of internal management structures. These are some of the key highlights …Read More

Africa Regional Integration Report 2016

Africa Regional Integration Report 2016

by Fikrejesus Amahazion on May 15, 2016



A Summary Last month, the inaugural edition of the Africa Regional Integration Index was released. The index, which is the “product of a strong collaboration on the part of the African Union Commission (AUC), the African Development Bank (AfDB) and the [UN’s] Economic Commission for Africa (ECA),” is made up of several broad dimensions of …Read More

Consumer Goods Forum Global Summit convenes in Cape Town from 15th- 17th June

Consumer Goods Forum Global Summit convenes in Cape Town from 15th- 17th June

by Africa Business on May 11, 2016



- Delegates to explore theme of ‘Seizing opportunities in the face of disruption’ – Programme features a range of not-to-be-missed presentations by some of the world’s most influential business leaders, including Tesco CEO Dave Lewis, The Coca – Cola Company CEO, Chairman Muhtar Kent and Daniel Zhang, CEO of Alibaba Rising stars entrepreneurs recognised for …Read More

Stanford University Business Program Takes Root in East Africa

Stanford University Business Program Takes Root in East Africa

by Africa Business on May 10, 2016



Building on the success of its program in West Africa, Stanford Seed (gsb.stanford.edu/seed/home), the Stanford Institute for Innovation in Developing Economies, has announced the launch of the Seed Transformation Program in East Africa (gsb.stanford.edu/seed/transformation-program/east-africa). In May, the first group of promising business leaders selected by Stanford Seed will gather in Nairobi to begin a 12-month …Read More

Key Trends of Lucrative Tourism Industry

Key Trends of Lucrative Tourism Industry

by Eden Sahle on May 10, 2016



The market for the hospitality industry has folded. Globally, the cost of traveling is declining, allowing more people to travel to new places. At the same time the tourism sector is predicted to employ over six million people in sub-Saharan Africa by 2021 and over the next decade, the sector will create 347 million jobs …Read More

A month after Panama Papers, South Africa commits to end anonymous companies

by Africa Business on May 10, 2016



JOINT CIVIL SOCIETY RELEASE ECONOMIC JUSTICE NETWORK – FINANCIAL TRANSPARENCY COALITION – TAX JUSTICE NETWORK – AFRICA CAPE TOWN—Just one month after the Panama Papers hit newsstands, the South African government has committed to tackling the very type of hidden ownership that was central to many offshore structures scrutinized in the months-long investigation. On the …Read More

DRC Mining Week 2016, 8 – 9 June

by Africa Business on May 10, 2016



Visit the DTI pavillion at DRC Mining Week 2016, 8 – 9 June, Lubumbashi, DRC http://www.drcminingweek.com/

Africa Singapore Business Forum Returns 24-25 August 2016

by Africa Business on May 9, 2016



International Enterprise (IE) Singapore’s Africa Singapore Business Forum (ASBF) is the premier platform for fostering investment, trade and thought leadership between Asia and Africa. It is slated to return 24-25 August for the fourth time. This year’s keynote speaker is Mr Tharman Shanmugaratnam, Deputy Prime Minister of Singapore & Coordinating Minister for Economic and Social …Read More

Power Distribution & Metering Conference (PDM) West Africa 29 June- 1 July 2016 Nicon Luxury Hotel, Abuja, Nigeria

Power Distribution & Metering Conference (PDM) West Africa 29 June- 1 July 2016 Nicon Luxury Hotel, Abuja, Nigeria

by Africa Business on May 9, 2016



“The premier niche forum for the electricity distribution and metering industries in the West African sub-region” The Power Distribution & Metering West Africa (PDM-WA) Conference and Exhibition is the first-ever, uniquely focused, and niche electricity transmission & distribution (T&D) and metering forum. It is specially designed for and dedicated to distribution companies (DISCOs) and the …Read More

Innotribe selects 12 semi-finalists to compete in the second annual African Startup Challenge

by Africa Business on May 9, 2016



12 companies will compete in Mauritius on 18 May and get the chance to take their innovative solutions to the next level Working in close collaboration with Innotribe, over one hundred judges from across the financial, technology, and investment communities evaluated the 89 applications received for the second edition of the Startup Challenge in Africa …Read More

Islamic Finance in Sub-Saharan Africa – New Momentum, New Opportunities for Growth Across the Continent

by Africa Business on May 9, 2016



Islamic finance is still at an early stage of development in Sub-Saharan Africa and the market share of Islamic banks is comparatively small. According to the IMF, about half of the region’s total population is still unbanked. Furthermore, the Sub-Saharan Africa Muslim population, currently at nearly 250 million people, is projected to reach upwards of …Read More

10 nominees announced for AIF’s Innovation Prize for Africa 2016

10 nominees announced for AIF’s Innovation Prize for Africa 2016

by Africa Business on May 9, 2016



The African Innovation Foundation (AIF) (www.AfricanInnovation.org) today announced the top 10 nominees for its landmark programme, the Innovation Prize for Africa (IPA). Now celebrating its 5th year under the theme “Made in Africa”, IPA is the premier innovation initiative in the African continent, offering a grand share prize of US$150 000 and incentives to spur …Read More

Industry collaboration is necessary for the successful application of blockchain in securities markets

by Africa Business on May 9, 2016



New academic research from the SWIFT Institute reviews the impact and potential for blockchain in securities settlement New research published by the SWIFT Institute investigates the practical application of blockchain (or mutual distributed ledger) technologies in securities markets. The paper, entitled ‘The Impact and Potential of Blockchain on the Securities Transaction Lifecycle’, is based on …Read More

Africa needs dramatically upscaled infrastructure and regional integration to drive industrialisation, says dti chief

by Africa Business on May 9, 2016



In a constantly evolving and increasingly interdependent world, Africa and its 34 Least Developed Countries (LDCs) urgently need to find the best ways to industrialise their economies to avoid being further marginalised and excluded from the global economy for yet another decade in history. For over a decade Sub-Saharan African economies have expanded at an …Read More

Is there hope for Chase Bank Kenya?

by Africa Business on May 7, 2016



Online rumors on Chase Bank Kenya turned painful for users of Chase Kenya services. Some of Chase Bank Kenya users, upon learning of the Chase Kenya news, withdrew monies at Chase Bank Kenya. An action that the Chase Bank Kenya regulator said was responsible for Chase Bank Kenya collapse. Chase Bank Kenya, responding to Chase …Read More

Richmond Energy Partners publishes 2016 State of Exploration Report

Richmond Energy Partners publishes 2016 State of Exploration Report

by Africa Business on May 6, 2016



On 4th of May REP published its seventh annual ‘State of Exploration’ report, which benchmarks the performance of international conventional oil and gas exploration. The report has grown to become one of the definitive global benchmarks in the E&P sector. In a world awash with the stuff, new oil discoveries continue to be elusive. Global …Read More

Strategy that works in Africa: closing the gap between strategy and execution

Strategy that works in Africa: closing the gap between strategy and execution

by Africa Business on May 5, 2016



Most major corporations struggle with developing a business strategy that works. Fifty percent of business leaders don’t believe they have a winning strategy to begin with and almost all report missing major opportunities in the market. About two-thirds of business executives say that their company’s capabilities don’t support the way they create value in the …Read More

One Acre Fund Expands Smallholder Farmer Services to Malawi and Uganda

One Acre Fund Expands Smallholder Farmer Services to Malawi and Uganda

by Africa Business on May 5, 2016



One Acre Fund (OneAcreFund.org), a nonprofit agriculture organization that supplies smallholder farmers with the financing and training they need to increase their incomes and food security, announced the official opening of its Malawi and Uganda operations. Malawi and Uganda began as pilots in 2013 and 2014 respectively. One Acre Fund now serves 400,000 smallholder farmers—with …Read More

Your customers want personal attention

Your customers want personal attention

by Andrew Greer on May 5, 2016



Personalisation a key differentiator in customer service The competitive marketplace and economic climate are making it more difficult for organisations to obtain customer loyalty. Customers are now demanding much better customer service, improved value and personal attention. It is, therefore, becoming imperative for companies to create the ability to engage in intelligent conversations with their …Read More

SimbaPay announces single money transfer of up to $45,000 (USD) to Africa

by Africa Business on May 3, 2016



SimbaPay (SimbaPay.com) is revolutionizing the remittance space through its official announcement of raising the single transaction limit to a whopping $45,000. This is substantially higher than the previous transaction limit of $3,000. African immigrants in the European countries can now easily complete larger purchases in Africa such as that of property, vehicles and paying large …Read More

Quantum Global acquires land in the Planalto region of Angola

by Africa Business on May 3, 2016



The Government of Angola has leased 80,000 hectares of plantation land to Quantum Global The concession agreement will be for a period of 60 years to develop large-scale wood fiber plantations in the Planalto region of Angola Luanda, 03 May 2016 – Global investment firm Quantum Global today announced that the Government of Angola has …Read More

Nearly 1 in 3 paid a bribe in Middle East and North Africa in past 12 months

by Africa Business on May 3, 2016



New Transparency International report shows MENA governments failing to stop corruption as they suppress citizens’ voices Nearly one in three citizens who tried to access basic public services in the Middle East and North Africa paid a bribe, a Transparency International (Transparency.org) report said today, showing that governments across the region have failed to hear …Read More

GIL 2016: Africa

GIL 2016: Africa

by Africa Business on May 2, 2016



The Global Community of Growth, Innovation and Leadership 18th August 2016, Table Bay Hotel, Cape Town, South Africa Frost & Sullivan’s Growth Innovation and Leadership (GIL) 2016: Africa global congress reconvenes on 18 August, 2016 at The Table Bay Hotel in Cape Town, South Africa. Visionary C-level executives from all over Africa will gather to …Read More

Social Entrepreneurs provide sustainable solutions for Africa’ development priorities

Social Entrepreneurs provide sustainable solutions for Africa’ development priorities

by Africa Business on May 2, 2016



Is social entrepreneurship the new face of development? A recent impact report released by Reach for Change (www.Africa.Reachforchange.org) suggests it might be. Social entrepreneurs across Africa are contributing to advances in education, healthcare, financial inclusion, environmental protection and other social issues. This was highlighted in the Reach for Change Africa 2015 Social Impact Report, which …Read More

Buying a proven business model reduces risk in tough times

Buying a proven business model reduces risk in tough times

by Africa Business on May 2, 2016



Buying a franchise or an existing, proven business model is a good way to reduce risk in tough economic times, say experts participating in the upcoming #BuyaBusiness Expo. “With unemployment nudging the 25% mark and food prices rocketing, thousands of South Africans are looking to starting their own businesses as a way to survive and …Read More

Port of New Orleans joins the expert speaker line up at International Port Security 2016

by Africa Business on May 1, 2016



SMi Group reports (21.04.2016, London, UK): SMi are delighted to announce that Port of New Orleans will be speaking at International Port Security 2016 which takes places in London on the 1-2 June. In its 7th successful year, International Port Security returns to London with its best ever speaker line-up featuring international ports from across …Read More

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