Thursday, November 21African Digital Business Magazine

Tag: entrepreneurs

African News, Ethiopia News

The 5th African Private Sector Forum gets underway under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”

ADDIS ABABA, Ethiopia, November 6, 2012/African Press Organization (APO)/ – The 3 day 5th African Private Sector Forum was launched today in Abidjan, Cote d’Ivoire with strategic aims to promote investment and trade through partnerships and joint ventures between the African Union Commission’s (AUC) Member States, the Middle East and the world at large in key sectors such as infrastructure development, transportation, telecommunication amongst others. Held under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”, the annual Forum will bring the African and Arab business communities on one platform to explore business opportunities, focusing primarily on how the private sector actors from both regions can forge sustainable partnerships with a v...
African News, South Africa News

Google conference attracks over 800 industrial experts

  By Thandisizwe Mgudlwa The popular Google Conference makes its return to Cape Town next week. And tech enthusiasts are expected to gather at the Pavillion Conference Centre, Victoria & Alfred (V&A) Waterfront in Cape Town on 12th-13th November. This meeting of experts in the various industries will be the third G-South Africa event presented by Google. Also, the two day conference will host over 800 business people, marketers, entrepreneurs and web developers, together with Google experts from around the globe, to share tools and best practices for digital marketing and web development. “G-South Africa represents Google’s commitment to driving the web forward in South Africa and across the continent, as well as highlighting the business opportunities that are brought...
African News, South Africa News

South African red tape may not be that bad

  By Thandisizwe Mgudlwa A report this week reveals that entry as a Small and Medium Enterprise (SME) is not so restrictive after all. And according to Gerrie van Biljon, Executive Director of Cape Town-based Business Partners, the general sentiment in South Africa’s business landscape is that the environment is plagued by challenges that hinder commercial activity. Further,in recent months much has been said about the significant red tape that hampers business growth in the country, however, despite all the negative reports, South Africa’s business environment is performing significantly well in key areas. Van Biljon then refers to the World Bank’s Doing Business 2012 Report, which ranks countries across the globe according to how easy or difficult it is for a local en...
African News

CAMAC Energy CEO Honored by Goldman Sachs as one of the 100 Most Innovative Entrepreneurs

  HOUSTON, Oct. 25, 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”) today announced that Chairman and CEO Dr. Kase Lawal, recently attended the inaugural Goldman Sachs Builders & Innovators Summit where he was honored as one of the 100 most innovative entrepreneurs for his 26 years of creating value on the continent of Africa. The Summit, held October 22nd-24th in Newport Beach, California was the first of its kind, bringing together emerging entrepreneurs from a diverse set of industries with more seasoned entrepreneurs. Participants engaged in two days of discussions and workshops on building great and enduring companies that reshape their industries. Conference speakers included President Bill Clinton, Facebook COO, Sheryl Sandberg, and Goldman Sachs C...
African News

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

  PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women in Business: Policies to Support Women’s Entrepreneurship Development in the MENA Region notes that while MENA governments have made progress over the past decade in closing the gender gap in education, more needs to be done to tackle gender inequality in business. Today, only 27% of women in the region join the labour force, compared to 51% in other low, middle and high-income economies, and only 11% are self-employed, against...
African News

Business in Africa is booming. But are the commercial laws strong enough to sustain long-term growth ?

  An authoritative introduction to the commercial laws being instituted in West and Central Africa through the OHADA harmonization process is published in London this week. Source: IEDP Unified Business Laws for Africa: Common Law Perspectives on OHADA is now available from IEDP. (PRWEB UK) 20 July 2012 The World Bank has just approved an International Development Association (IDA)* US$15 million technical assistance grant to strengthen OHADA's institutional capacity to support, in its member countries, selected aspects of investment climate reforms, including improved corporate financial reporting. President Kabila of the Democratic Republic of Congo has just signed the instruments of ratification of the OHADA treaty and OHADA will become the applicable law in DRC on Sept ...
African News

Groot Group and Partners to Develop Africa’s Largest Glass Manufacturing Plant in Tses, Namibia

Tses Glass is expected to become the largest dynamic glass manufacturing factory in Africa focused on producing industry leading glass products with the type of float glass, hollow glass, glass wool and fiber, cast glass, and ultrathin glass for the construction of residential and commercial buildings as well as for automobiles, kitchenware, bottles, touch screen computing, and smart phones devices for the markets around the world. Windhoek, Namibia, July, 2012 --(PR.com)-- Groot Group, SDS Group, Nissi, and the Tses Community are joining forces on an equal shareholding value to form a joint venture, namely; Tses Glass (Pty) Ltd, for the development of the Tses Glass Manufacturing Plant (Tses Glass) in Tses, Southern Namibia. Tses Glass is expected to become the largest dynamic glass manuf...
African News, Algeria News, Egypt News, Ethiopia News, Mauritius News, Nigeria News, South Africa News, Zambia News

Africa to gear up for more meaningful engagement with China

  The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent's regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon Freemantle ahead of the fifth Forum on China-Africa Cooperation (FOCAC) in Beijing, China, that starts on 19 July 2012. Jeremy Stevens, Standard Bank Group's Beijing-based economist, says that the summit comes at a time when China is distracted by domestic economic challenges and political matters. Meanwhile Africa is now even more reliant on China, in particular Chinese demand for African commodity exports, but even ...