Tag Archives: africa

DEAL 2017 to Spur Amusement Industry in Africa.

DEAL 2017

African millennials are changing their consumer spending patterns, from markets to malls, where they can eat, socialize and get entertained at Family Entertainment Centers (FEC) apart from shopping. Also there have been key amusement parks in Egypt, Nigeria, Tunisia and South Africa which have enticed people around the African region. DEAL 2017 will bring to Africa the largest show in the amusement industry and will provide an effective platform for the stakeholders within the African entertainment and amusement sector, as per International Expo Consults – the organizers of the show. In the wake of growing developments in the African region, it is essential for shows like DEAL to bring key players of the amusement and leisure industry to converge at a focal point to showcase ingenious products which can benefit the market. African tourism has seen a boost is simultaneous to the economic growth being experienced across many parts of the continent. Reports predict that direct contribution of Travel & Tourism to GDP will increase by 4.8% per annum, to USD121.3bn which is approximately 3.2% of GDP by 2026.

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Developers in Middle East and Africa to compete for $20,000 in Facebook Bots for Messenger Challenge

Facebook Bots for Messenger Challenge

Facebook just launched the Facebook Bots for Messenger Challenge, a contest to recognize and reward developers who are able to create the most innovative new bots on Messenger. From today, 15th February 2016, Facebook will accept applications for its Bots for Messenger Developer Challenge until 28th April, 2017. Over 20,000 USD cash prizes are expected to be won by s developers across the Middle East and Africa region who will be successful in creating innovative bots in the Bots for Messenger Developer Challenge. The contest is designed in three categories: Gaming and Entertainment; Productivity and Utility; and Social Good. Applicants (Developers) in teams (maximum of three) are invited from the Middle East and Africa region to create bots in these categories.

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Morocco Accepted Back to the AU: Good or Bad?

Thirty-nine out of fifty-four states of the AU agrees to accept the Kingdom of Morocco back into the AU after the country opted out 33 years ago. Having being named as one of the brightest 50 economies in the world by Bloomberg, it is of no doubt that Morocco is having a very good economic prospect in Africa and also visionary in diverse sectors needed for economic growth by many other African nations. Morocco is the second largest African investor in the continent, and between 2003 and 2013, 51% of its foreign direct investment went to Sub-Saharan Africa, peaking at 88% in 2010.

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Travel trends to follow in 2017

With the New Year blooming with so many new dreams and ambitions taking adventurous time is a must to explore and to have a new perspective in life. Although often times we overlook the necessity of travel in life; experts in psychologists and at Jumia Travel say that it must be our vital part of our life to lead a productive and renewed life style.

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1.2 Billion People Travelled the World in 2016, 58 million to Africa – UNWTO.

Destinations worldwide welcomed more than 1.2 billion people in 2016; while 6 billion people toured within their borders, in an unprecedented growth of the domestic travel sector. This is according to the latest tourist barometer report released by United Nations World Tourism Organization (UNWTO).

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Africa expected to see moderate growth recovery in 2017 and 2018 amid challenging global environment: UN report

Higher global commodity prices and stronger domestic demand will support Africa’s growth

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Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa

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Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report

Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.

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Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report

STORY HIGHLIGHTS
  • Developing world’s share of global investment to triple by 2030
  • China, India will be developing world’s largest investors
  • Boost to education needed so poor can improve their well-being

Global Development Horizons 2013: Capital For the Future from WB_Research

In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.

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Unreliable Power Supply Creates Huge Demand for Non-renewable Inverters, Finds Frost & Sullivan

Cost competitiveness vital to expand in developing markets

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Ozwald Boateng Steps in as Guest Editor for a Leading Issue of New African

Made In Africa Foundation

The Made In Africa Foundation is a charitable organisation, established to support strategic infrastructure projects and create sustainable solutions to some of Africa’s most pressing problems. It works to support technical feasibility studies, to kick start key infrastructure developments and to engage the African diaspora in innovative fund-raising activities. The Foundation was founded in 2011 by international designer Ozwald Boateng OBE, and Nigerian businessman Kola Aluko, and is supported by Atlantic Energy.

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Lithium Market Becoming More Reliant on Batteries for Continued Strong Demand Growth

Rise in Consumption and Future Demand Driven by Lithium-ion Batteries

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South Africa’s Professor Jonathan Jansen To Be Honored At Awards Gala In New York City, June 3, 2013

NEW YORK /PRNewswire/ — Professor Jonathan Jansen , the Vice-Chancellor and Rector of the University of the Free State in South Africa who helped turn the university away from its apartheid legacy into an institution that is truly representative of what South Africa stands for, is set to receive the Education Africa Lifetime Achievement Award for Africa at a gala by the same name on Monday, June 3, 2013, at the Mandarin Oriental Hotel in New York City.

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Twelve African Energy, Mining and Industry Ministers confirm attendance at the Africa Energy Forum 2013 in Barcelona

A recent report from the World Bank indicated that the GDP of a third of African countries grew by at least 6% last year, despite the estimate that power outages cost African economies on average around 2% pa of their GDP.

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The Global Armored and Counter IED Vehicles Market 2013-2023 – Market Size and Drivers: Market Profile

NEW YORK, May 16, 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

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Abengoa to develop 132 kilometer transmission line project in Kenya

— The project, financed by the African Development Bank, is worth approximately €32 million.

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GSMA Establishes Office In Nairobi To Support Burgeoning African Telecoms Market

Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018

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