400+ attendees, 50+ speakers and 20+ sponsors are gathering 8-9 June in Cape Town for the New Energy Update series of conferences, comprising of CSP Today South Africa, PV Insider South Africa and Wind Energy Update South Africa Tag 1.
Custom Search

Money Transfers Job Africa Map Weather

Infrastructure for an African healthcare system being laid down by local entrepreneurs with help from Facebook and Merck

by Africa Business on Jan 19, 2016



Facebook and Merck are supporting I Care 4 Africa, an initiative between a Silicon Valley based NGO and a Ghana based incubator to catalyze the current healthcare system in Africa. California based Hack for Big Choices and Ghana based, Impact Hub Accra , recently teamed up to host the largest hackathon in Africa last February. …Read More

IFIF 2016 to Address Regulatory Challenges to Accelerate Development of Islamic Finance in Africa

by Africa Business on Jan 19, 2016



Historic Africa forum to host key policymakers to drive discussions on regulations enabling integration of Islamic finance into financial system and realizing Islamic finance potential Khartoum, Sudan: The upcoming second International Forum on Islamic Finance (IFIF 2016) will serve as a key platform for critical discussions on developing effective regulation and supervision of Islamic finance …Read More

Ethiopian and Rwandan spice-farmers to receive best practices training in South India

by Africa Business on Jan 19, 2016



Programme aims to revive the failing ginger production in Ethiopia Strengthen ginger and turmeric value chains in Ethiopia and Rwanda Training to benefit over 80,000 farmer livelihoods Geneva: January 15, 2016 – As part of its Supporting Indian Trade and Investment for Arica (SITA) project, the Geneva-based International Trade Centre (ITC) is collaborating with the …Read More

Offshore West Africa confirms partnership with UK Trade & Investment

by Africa Business on Jan 19, 2016



Offshore West Africa Conference & Exhibition, owned and produced by PennWell Corporation has confirmed a Strategic Partnership with the UK Trade & Investment (UKTI) for the upcoming 20th anniversary edition in Lagos, Nigeria. Taking place on 26‐28 January 2016 at the Eko Hotel & Suites, Offshore West Africa has formulized a long‐standing working relationship with …Read More

Ingenico Group deploys the largest base of terminals to develop Financial Inclusion in Africa

by Africa Business on Jan 19, 2016



Ingenico Group (Ingenico.com)  (Euronext: FR0000125346 – ING), the global leader in seamless payment, has reached a strategic fifty-thousand terminals landmark to serve the unbanked population and becomes the indisputable Financial Inclusion-enabler in Africa. “This milestone is taking us to the forefront of the Financial Inclusion market in Africa where three quarter of the population is …Read More

January 2016 sees another contraction for Med Basin and Persian Gulf – Arabian Sea cement FOB prices

by Africa Business on Jan 19, 2016



Greenwich (CT), USA, January 19, 2016 – On a monthly basis, cement prices continue to drop, according to the CW Research’s January update to Med Basin, Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment. “Our previous month’s forecast has proven to be true: not only did price contractions become more …Read More

Growing concern about El Nino’s impact on Southern Africa as planting window closes

by Africa Business on Jan 18, 2016



The United Nations World Food Programme (WFP) is increasingly concerned about food security in southern Africa where an estimated 14 million people are facing hunger following prolonged dry spells that led to a poor harvest last year.The El Niño global weather event, which is leading to even worse drought across the region, is already affecting …Read More

IMF Executive Board Completes Fourth PSI Review for Rwanda

by Africa Business on Jan 18, 2016



The Executive Board of the International Monetary Fund (IMF) today completed the fourth review of Rwanda’s economic performance under a three-year program supported by the IMF’s Policy Support Instrument (PSI)[1]. The PSI for Rwanda was approved on December 2, 2013 (see Press Release No.13/483). Following the Executive Board discussion, Mr. Min Zhu Deputy Managing Director …Read More

IMF Executive Board Completes Second ECF Review for Ghana, and Approves US$114.6 Million Disbursement

by Africa Business on Jan 14, 2016



The Executive Board of the International Monetary Fund (IMF) completed the second review of Ghana’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement.1 Completion of the review enables the disbursement of SDR 83.025 million (about US$114.6 million), bringing total disbursements under the arrangement to SDR 249.075 million (about US$343.7 million). In …Read More

The World Magnificent, Sof Omar Cave

The World Magnificent, Sof Omar Cave

by Eden Sahle on Jan 13, 2016



The longest limestone cave in Africa which measures 16 kilometers, is an extraordinary natural phenomenon of breathtaking landscape. Ranked among the longest caves in the World the stunning Sof Omar is estimated to have been created between 23 and 5.3 Million years ago. The cave passages with underground stream and remarkable landform which are vividly …Read More

Growing Focus on Tourism Industry to Generate Development

Growing Focus on Tourism Industry to Generate Development

by Eden Sahle on Jan 13, 2016



Many African governments emphasize on the need for a tourism sector which is both eco-friendly and economically viable to generate sustainable revenue. Although Africa accounts for 15% of the world population, it receives only about 3% of world tourism. To maximize the continent’s untapped tourism potential, heads of states are investing in key infrastructural sectors …Read More

Private Sector Contribution to Sustain Economic Growth

Private Sector Contribution to Sustain Economic Growth

by Eden Sahle on Jan 13, 2016



Private sector actors are increasingly being recognized as a major force in development. They drive economic growth through investment, employment and business creation. This growth is likely to contribute to long-term poverty reduction as private companies include the public as producers, suppliers, employees and consumers. Public-private partnerships that are based on the identification of complementary …Read More

Sierra Leone’s private sector is the definition of resilient – let’s give it some credit

Sierra Leone’s private sector is the definition of resilient – let’s give it some credit

by Memuna Forna on Jan 13, 2016



By Memuna Forna The incursion of Donald Trump into mainstream US politics has thoroughly bloodied the waters between the political and the commercial.  In polls, his success in business regularly comes up as one of his best assets.  The public/private sector debate is at best tricky and Trump’s growing popularity is not making it any …Read More

Mauritius: My New Year Message to Our Youth

Mauritius: My New Year Message to Our Youth

by Krishna Athal on Jan 13, 2016



Leaving 2015 behind, we are given the chance to start with a clean(er) slate this year. Now is the time for every single person deemed to be a ‘youth’ to stand up and be present in the present. The future is for the youth, yes, but more importantly the present is just as much for …Read More

IoTAS 2016 & SMART Expo

IoTAS 2016 & SMART Expo

by Africa Business on Jan 13, 2016



In the midst of intense global discussions on how to seize the Internet of Things opportunity, SMART Events Group brings to the African ICT industry the Internet of Things Africa Summit (IoTAS 2016 & SMART Expo) to be held from the 24 – 25 May 2016 at the TicketPro Dome, Johannesburg, Republic of South Africa. Visit www.iotafricasummit.net for more details. …Read More

Lesotho and Georgia, two additional ratifications for the Trade Facilitation Agreement

by Africa Business on Jan 13, 2016



Lesotho and Georgia are the two new members that have ratified the Trade Facilitation Agreement (TFA). The WTO Secretariat received the countries’ instruments of acceptance on January 4th. These two ratifications bring to 65 the number of WTO members that have formally accepted the TFA. Several ratifications were submitted by ministers during the organization’s Tenth …Read More

Statement by IMF Managing Director Christine Lagarde at the Conclusion of a Visit to Nigeria

by Africa Business on Jan 7, 2016



Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement in Abuja at the conclusion of her visit to Nigeria: “My visit to Nigeria has been extremely fruitful and informative. I wish to thank President Muhammadu Buhari for meeting with me to discuss Nigeria’s achievements and its outlook. I also …Read More

The Future of Tourism in ever Globalized World

The Future of Tourism in ever Globalized World

by Eden Sahle on Jan 1, 2016



Several decades has passed since the tourism as we know it today existed. With improved transportation options and technology the sector has come a long way. Low cost of flying as a result of Airline Company’s competition virtually lowered the whole transport sector. Technology also reduced travel costs and time creating easier facilitation travel and …Read More

Africa Investigates looks at British American Tobacco in Kenya

Africa Investigates looks at British American Tobacco in Kenya

by Africa Business on Dec 31, 2015



• Kenya was the first African nation to ratify WHO’s plan to curb smoking • But Kenya is reliant on $1 billion in taxes on BAT • Allegations that Big Tobacco is attempting to block anti-smoking regulations in Kenya, even bribing some politicians In Lighting Up, Kenyan journalist Purity Mwambia examines how Big Tobacco attempts …Read More

Magnificent Rocks of Gheralta for best Trekking & Ancient church Sighting

Magnificent Rocks of Gheralta for best Trekking & Ancient church Sighting

by Eden Sahle on Dec 24, 2015



The giant cliffs and magnificent rock formations of Mount Gheralta found in northern Ethiopia will take your breath away with its stunning landscape. The natural allure, stone-built villages and rock-hewn churches are definitely worth visiting. The Gheralta Mountains is found in Tigray region and incorporates more than 30 ancient churches dating back to the 9th …Read More

Industrialization soon to Dominate Ethiopia’s Economy

Industrialization soon to Dominate Ethiopia’s Economy

by Eden Sahle on Dec 24, 2015



Compared to its counterparts in Sub-Saharan Africa which are growing by 5.4% on average, Ethiopia’s economy has continued to register growth with its gross domestic product (GDP) growing by an average of 10.9% in the past decade. It is shifting its priority to industry economic policy to sustain its growth. In Ethiopia, 75% jobs are …Read More

Ancient Hotels of Ethiopia

Ancient Hotels of Ethiopia

by Eden Sahle on Dec 24, 2015



Ethiopia has several sophisticated ancient hotels that have breathtaking views and unique architectural designs. These accommodations showcase on site art gallery featuring works from local ancient artists. The historical hotels offer ancient yet modern accommodations, exquisite local and international cuisine and cozy spa treatments reminiscent of a royal treatment. Jovago, the largest hotel booking website …Read More

December showcases fall in cement and clinker FOB prices in Med Basin, Persian Gulf – Arabian Sea and East Africa

by Africa Business on Dec 24, 2015



Prices continue to trend negatively for cement, according to the CW Research’s December update to Med Basin, Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment. On a monthly basis, FOB prices for bulk ordinary Portland cement contracted again in December, falling by almost 13 percent MoM for Med Basin exporters …Read More

Ethiopia Aspires to make Mining Major Export Item

Ethiopia Aspires to make Mining Major Export Item

by Eden Sahle on Dec 22, 2015



As more international companies make way for Ethiopia’s mineral wealth, the country opened its door to license more than 250 companies to excavate its natural treasures. The government is offering a variety of incentives to attract investors, including tax holidays, import-duty exemptions, lower royalty levels and guarantees on selling rights. Ethiopia’s mining sector is undergoing …Read More

MoneyGram Launches Account Deposit into Nigeria’s $21 Billion Annual Remittance Market

by Africa Business on Dec 22, 2015



MoneyGram (NASDAQ: MGI) (Global.MoneyGram.com) today announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain a way to send money to most personal Nigerian Naira bank accounts within minutes*. “This is a significant milestone for us. With the addition of Nigeria, MoneyGram now offers bank account deposits through …Read More

Schengen in on life support and West African manufacturers should pay close attention

Schengen in on life support and West African manufacturers should pay close attention

by Memuna Forna on Dec 21, 2015



By Memuna Forna Schengen in on life support and West African manufacturers should pay close attention.  They are already convinced they won’t be able to compete with the cheaper, better quality imports, which will be the inevitable result of a forthcoming EU/Africa free trade agreement.  For most, exporting to Europe is a distant dream anyway. …Read More

Nigeria automobile sector may contribute 4.5% of Global automobile sales in 2016

by Africa Business on Dec 21, 2015



2015 Global Automobile Sales Surpasses 89 Million Dollars In Revenue According KPMG 2015 global Automotive Summary Survey, the automobile industry across Africa will increase in volume. Global sales will pass the magical 100 million mark and continue to rise till the end of the decade. In 2015 investment in the automobile industry in Nigeria was …Read More

Navin Ramgoolam, Our Very Own Father Christmas

Navin Ramgoolam, Our Very Own Father Christmas

by Krishna Athal on Dec 21, 2015



Tis the season to be jolly, merry and more importantly spend time with family and loved ones. In Mauritius, the streets from the capital city to every single town around the island are lined with merry street vendors and even merrier shoppers all with the purpose to enjoy this wonderful time of the year and …Read More

Next Generation Optical Networking Africa

Next Generation Optical Networking Africa

by Africa Business on Dec 21, 2015



Interview with Anuradha Udunuwara, Senior Engineer, Sri Lanka Telecom Ahead of the Next Generation Optical Networking Africa, (2-3 February 2016, Cape Town), we’ve conducted an exclusive interview with Anuradha Udunuwara, Senior Engineer Sri Lanka Telecom, about his upcoming contribution and his opinions on the key challenges and developments within the optical networking industry. What are …Read More

A.M. Best Affirms Ratings of Kenya Reinsurance Corporation Limited

by Africa Business on Dec 21, 2015



LONDON, 17 December 2015—A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Kenya Reinsurance Corporation Limited (Kenya Re) (Kenya). The outlook for both ratings is stable. The ratings reflect Kenya Re’s adequate risk-adjusted capitalisation, stable operating performance and strong competitive position within its local market. …Read More

AfricaBusiness.com Newsletter



Business in UAE
Copyright © 2009 - 2016. African Business Environment. All Rights Reserved. AfricaBusiness.com Business Magazine