The BRVM becomes the 1st Stock Market for Islamic Finance in Africa with Five Sukuk Listings amounting to 766 Billion FCFA (1.3 Billion USD)

The Regional Stock Exchange (BRVM)

The Regional Stock Exchange (BRVM)

The Regional Stock Exchange (BRVM) admitted in its listing the first five Sukuks issued by Côte d’Ivoire, Senegal and Togo, on the sidelines of the 2nd Forum on Islamic Finance in Africa held in Abidjan

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African Trade Insurance Agency (ATI) officially open for business in Ethiopia and Zimbabwe, looks to ease investors’ concerns

(L-R) Ethiopian Ambassador to Kenya, Dina Mufti; Gabriel Negatu Regional Director AfDB; George Otieno, CEO of ATI

(L-R) Ethiopian Ambassador to Kenya, Dina Mufti; Gabriel Negatu Regional Director AfDB; George Otieno, CEO of ATI

In both countries, ATI has a current project pipeline estimated at over one billion USD, which is expected to double in the short-term based on existing demand for its products

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Cybersecurity skills gap is a danger to businesses

Mark McCallum, CTO, Orange Business Services

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UBA makes a profit of N 62 billion in 9 months

By HUMPHREY NKONDE

United Bank of Africa (UBA) has in the last nine months increased its profits by seven percent representing N62 billion before tax.

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Public interest factors in merger control are creating uncertainty for investors in Africa

Xolani Nyali, senior associate, Competition & Regulatory Practice, Bowmans

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ZICTA says Zambia has 5 million broadband users

By HUMPHREY NKONDE

Zambia Information Communications Technology Authority (ZICTA) has released statistics showing that there were more than five million users of broadband Internet in Zambia.

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Zambia’s new fuel prices rattle business community

By Hicks Sikazwe

Zambia has increased the price of fuel by about 40 percent after government withdrew subsidies on the commodity.

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Manpower South Africa’s 2016 annual Talent Shortage Survey finds Skilled Trade and Management/Executive positions the most difficult to fill for South African employers.

ManpowerGroup’s eleventh annual Talent Shortage Survey [manpowergroup.com/talentshortage] shows some interesting results for 2016 over the 2015 results, with Skilled Trades remaining in the top three most difficult positions for companies to fill, and Engineers falling down to fourth. The survey is conducted annually, using a sample of 750 businesses in South Africa.

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Key Tourism Ingredient For Tourism Growth Revealed at #AHIF16

 – download Colliers International report now: http://ow.ly/781x305fntC

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Luxor hosts UNWTO 5th UNWTO Global Summit on City Tourism: Cities: Local Culture for Global Travellers

The World Tourism Organization (UNWTO) and the Government of the Arab Republic of Egypt are organizing the 5th Global Summit on City Tourism: “Cities: Local Culture for Global Travellers” on 1-2 November 2016 in Luxor. During the summit, UNWTO will launch the Mayors for Tourism Initiative.

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Smuggling rocks Zambia-DR Congo border

By Hicks Sikazwe

Rampant smuggling of maize meal from Zambia’s Coperbelt into the Democratic Republic of the Congo (DRC) has erupted along the porous border.

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2016 National Small Business Survey reveals SME resilience despite economic strain

mike-anderson-nsbc

Mike Anderson, CEO and Founder of the NSBC

Despite a tough economic environment, 92% of small businesses in South Africa actively plan to increase their customer base and generate more sales over the next 12 months. This is just one of the findings from the 2016 National Small Business Survey released by the National Small Business Chamber (NSBC).

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Time is running out for Nigerian Companies to get their Tax Houses in Order

Magnus Nmonwu, Regional Director for Sage in West Africa

Magnus Nmonwu, Regional Director for Sage in West Africa

Companies should respond by putting in place systems and processes that enable them to report accurately on revenue and expenses and to streamline tax submissions

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South Africa’s Travel Industry Set To Grow Big Within The Next Few Years

When we think of vacations, some of us want to explore new places and try exciting activities, some want to kick back by the beach or meet interesting people with exciting cultures. Then there’s me, who wants to do everything – hike, sleep, drink, read books, talk to the locals and so much more. Interestingly, all this is more than possible in South Africa!

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Ras Al Khaimah: Most Business Attractive Emirate in UAE

rak-invest

The GCC region is a promising region for developmental projects and also record breaking projects. The region has attracted new and fresh projects in diverse sectors of infrastructure. As much as outsiders might want to see the entire emirates to be developing at the same rate, it is important to note the business environment for the various emirates, especially for foreign investors. The Ras Al Khaimah (RAK) is one of the emirates which currently represents marvelous investment opportunities to investors all around the world. Having received an award from the Financial Times as the “Most Attractive Place in the Middle East for FDI,” the emirate keeps spurring systems that enables and promotes investments.

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New GSMA Report Sees Rise in Mobile Broadband and Smartphone Adoption across Middle East and North Africa

Mobile Helping to Grow Innovative New Services, Connect the Unconnected and Create Employment Across Diverse Region

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Posted in Algeria News, Djibouti News, Egypt News, ICT, Libya News, Mauritania, Morocco News, Somalia News, Sudan News, Tunisia News | Comments Off on New GSMA Report Sees Rise in Mobile Broadband and Smartphone Adoption across Middle East and North Africa

AraMobile SARL at GITEX –DEVELOPING AND MARKETTING MULTISCREEN APPS

Mobile applications are driving the mobile phone market and smart phone users to access – and even analyze complex data just from any corner they find themselves. The sector is one of the global few that is providing solutions to lifestyle hurdles and also offering comfort while doing business. In the upcoming GITEX in the UAE, African tech innovators are exhibiting AraMobile SARL.

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