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Somalia is ‘ripe for investment’, says Mogadishu hotel owner

The 20-year long civil war in Somalia makes the country an unlikely investment destination, with its capital city Mogadishu being branded the most dangerous city in the world. However, perceptions are changing with relative calm in Mogadishu and Somalis from the diaspora trooping back home to rebuild the nation. After 17 years in Holland, Abdulkarim Siad decided to move back home and start his own business. He noticed that after years of war and ruin, Mogadishu was in need of many services and made the perfect place for investment. Siad…

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Nigerian to launch mobile fashion app and e-commerce store

Nigerian fashion brand Mmabon is launching a mobile app for all devices, enabling customers to buy its products much easier over the internet. Mmabon was recently selected by investment community VC4Africa to be part of its September Cohort, to benefit from three months of business development support and introductions to VC4Africa’s investor network. Speaking to HumanIPO Mmabon founder, Elizabeth Idem-Ido, said mobile applications were the future of e-commerce and until now she had been conducting her business using BlackBerry and Facebook Messenger. The entrepreneur said as internet access in Nigeria…

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Two Ghanaian software products win 2013 world Summit Awards

Two of Ghana’s software products have been selected as winners of the 2013 World Summit Awards, a UN-based initiative to promote the world’s best e-contents. Nandi Mobile, a technology start-up, won the e-Business and Commerce category with its Infoline product, which is a mobile and web service that connects consumers and businesses in emerging markets. Mobile Technology for Community Health in Ghana (MoTeCH), a technology-driven health initiative that is part of service delivery for maternal health at antenatal care won in the e-Health and Environment category with the Mobile-Midwife application…

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Kenya Sets Aside Sh500 Million to Revive Coconut Industry

THE government has budgeted for Sh500 million to help revive the ailing coconut industry in the coast region. Agriculture, Livestock and Fisheries Cabinet Secretary Felix Koskei said the allocation is an increase from the Sh80 million the industry has been receiving from the National Treasury. Speaking during the third international coconut conference in Mombasa, Koskei said the government has realised the need to revamp the industry which has a potential of contributing Sh25 billion every year. Currently the coconut industry contributes Sh6.4 billion of Kenya’s Gross Domestic Product up from…

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South Africa entrepreneurs targeting $145,000 for bike navigation device

Two South African entrepreneurs, based in New York, have turned to crowd funding to finance their bicycle navigation startup and have already raised more than US$23,000. Pieter Morgan, a friend and former cycling teammate of 2013 Tour de France winner Chris Froome, and Laurence Wattrus are both from Johannesburg and founded Hammerhead Navigation with Indian Raveen Beemsingh last year. Having produced a prototype, which the trio believe will allow cyclists to ride “less distracted”, the team embarked on test rides which meant they were able to keep up their love…

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DONT WORRY, BLACKBERRY. INDONESIA STILL LOVES YOU

The tentative $4.7 billion deal to take BlackBerry private may have only been announced on Monday, but for many Americans it was a long time coming. In the United States and Western Europe, Apple’s iPhone and Google’s Android have come to dominate the smartphone market, while Blackberry has been lapping up less than 2 percent of the American market and has seen its share European markets decline steadily over the years. But there are some corners of the world where BlackBerry’s fall may come as more of a shock —…

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THE CLEANEST PLACE IN AFRICS

KIGALI, Rwanda — The first greeting travelers encounter when they step off the plane at Kigali International Airport is a large sign declaring: “Non-biodegradable polythene bags are prohibited.” Welcome to the capital of Rwanda, where cleanliness and order prevail. Trash is hard to find, even on the dirt roads outside the main arteries. Vendors have been banished from the sidewalks. And plastic bags? Walking down the street with one could cost you more than $150, while store owners found stocking them face six to 12 months in prison. All this…

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CONTINENTS SUCCESS! AFRICA HAS IT AND WILL SUCCEED

The continent Africa is a success and will succeed! This gush of positive conviction is birthed from a grudge with the gross pessimism expressed by some Africans and “intellectuals” alike, perhaps the “elite” is a better word, as it also encompasses the self-professed development physicians and enlightened ones to the ways of “modernity”. The utter pessimism shared by this sect is comprehensibly constructed from the lenses worn through over-consideration for the comparative politics to economics, visual exposure and experiential conclusions drawn from the contemporary setting in developed countries. The over-emphasis…

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Karamba Diaby becomes Germany’sfirst black African lawmaker

He was elected to the delegation of the centre-left Social Democratic Party (SPD) from theeastern state of Saxony Anhalt.The 51-year-old has lived in Germany for threedecades and became a naturalised citizen 12years ago.He joined the SPD in 2008, and became anelected councillor in the eastern city of Halle thefollowing year.Diaby’s bid for a constituency seat failed inSunday’s election, but he won a spot in the SPDproportional-representation delegation.He said hewould workin parliament to secure a legal provision inGermany mandating a minimum hourly rate ofpay for all workers, and would also focus…

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THE UNVEILED PROJECT YOUNG ENTREPRENEURS AWARD DEBUTS IN DECEMBER

We all know the ravaging effect of corruption, unemployment and poverty on our great country Nigeria. We also know the very good benefits that come with entrepreneurship, its ability to create jobs, wealth and a better society for us all. The #Unveiled Young Entrepreneurs Awards debuting in December 2013 is an annual awards ceremony organised to recognise and celebrate outstanding and consistent young Nigerian entrepreneurs under the age of 35, who have distinguished themselves positively within the business circle, creating jobs, impacting people and generating wealth. Let’s join hands in…

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