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Africa 

Equatorial Guinea Government Empowers Nationals with ‘Historic’ Oil & Gas Technical Training Program

MALABO, Equatorial Guinea, May 12, 2016/ — The Ministry of Mines, Industry and Energy of Equatorial Guinea (www.MMIE.gob.gq) announces that it has signed an agreement with the Southern Alberta Institute of Technology (SAIT Polytechnic) (www.SAIT.ca) to provide comprehensive technical training to Equatorial Guinea nationals in Calgary, Alberta, in Canada. The two-year program, which will provide the students with core and specialized oil and gas knowledge, is part of the government’s drive to promote workforce nationalization in the industry. SAIT’s International Workforce Development and Workforce Nationalization Training have been successful in transferring technology to…

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Africa Technology 

Tigo leads the deployment of 4G LTE technology in Tanzania

Tigo will this year be investing over US$ 75 million on the network expansion and quality improvement by scaling up its 4G and 3G sites, fiber network as well as increasing the number of customer service outlets countrywide DAR ES SALAAM, Tanzania, May 12, 2016/ — Tanzania’s digital lifestyle telecom operator, Tigo (www.Tigo.co.tz), is now the leading mobile telephone company with the fastest and widest 4G LTE network in the Tanzania.Tigo 4G has impacted positively on Tigo customers lifestyle enabling them to enjoy a faster internet connection. The Tigo 4G technology…

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Africa General 

IF PRESIDENT BUHARI WANTS TO GROW THE ECONOMY, HE MUST END NIGERIA’S ENERGY CRISIS

With the usual owambe* accompanying it, Nigeria’s President Muhammadu Buhari finally signed the 2016 Nigerian budget into law. The country’s National Economic Council (NEC) members and National Assembly members clapped and cheered as the President signed what many analysts and Nigerians believe will halt the economic hardship that has hit the country. The budget is just one out of so many quick fix solutions the one-year old government has launched to stem the near-recession that has bedeviled it. To add to the challenges facing the country, the Giant of Africa hit a new low early…

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Africa Business Economy 

Yahsat and Tele10 Enter MOU to Discuss Opportunities for Yahclick in Rwanda, Burundi and East DRC

YahClick, the number one satellite broadband service in Africa, to expand to 19 African countries with the launch of Al Yah 3 satellite UAE-based satellite operator, Yahsat  signed a Memorandum of Understanding (MoU) with Tele10 Group, the regional broadcast and internet service provider, to discuss collaborations for improving internet connectivity in Rwanda, Burundi and East Democratic Republic of the Congo. The MoU comes ahead of Yahsat taking delivery of its third satellite, Al Yah 3. The launch of Yahsat’s upcoming satellite will see the roll out of YahClick, the company’s…

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Africa Economy 

Africa’s growth: Meltdown or slowdown?

Measuring potential and progress: the Africa Attractiveness Index JOHANNESBURG, South Africa, May 11, 2016/ — Economic growth across the region is likely to remain slower in coming years than it has been over the past 10 to15 years. The International Monetary Fund’s (IMF) baseline projection for 2016 is now down to 3%, from what was a forecasted 6.1% in April 2015(1).The main reasons for a relative slowdown are not unique to Africa and are the same as those weighing down the global economy: a general slowdown in emerging market economies, and…

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Africa 

GE and Miller Center for Social Entrepreneurship Partner with Social Entrepreneurs to Improve Maternal and Child Health Outcomes in Africa

Selected social entrepreneurs from Nigeria, Ghana, Kenya, Ivory Coast, Ethiopia, South Africa and Angola will be taken through a detailed training programme LAGOS, Nigeria, May 11, 2016/ — GE (NYSE: GE) and Santa Clara University’s Miller Center for Social Entrepreneurship have announced a partnership that focuses on training and mentoring social entrepreneurs working on maternal and child health innovations in sub-Saharan Africa. The program enables more women to experience better health by improving the quality, accessibility, and affordability of care.The healthymagination Mother & Child program aims to help social enterprises addressing…

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Adverts Business Economy 

RINGIER AFRICA, ONE AFRICA MEDIA PARTNER TO BUILD AFRICA’S LARGEST CLASSIFIEDS GROUP

Ringier Africa and One Africa Media (OAM) have agreed to merge their pan-African Classifieds assets to create and grow Africa’s largest classifieds group. The new joint venture  Ringier One Africa Media (ROAM) which was officially launched on Tuesday is now positioned as Africa’s classifieds leader, with top homegrown brands such as OAM’s Jobberman, Cheki, BuyRent Kenya &PrivateProperty Nigeria and Ringier Africa’s Expat-Dakar, ZoomTanzania & PigiaMe. Both Ringier and OAM have committed to continue to significantly invest into the new venture to build out its market leadership. OAM’s CEO Justin Clarke will become the Acting CEO of the new group. “We…

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Africa Business Economy 

CEOs from the Coca Cola Company, Nestlé, Tesco, Alibaba and more to attend the 60th Global Summit of the Consumer Goods Forum in Cape Town this year

Consumer Goods Forum Global Summit convenes in Cape Town from 15th– 17th June Delegates to explore theme of ‘Seizing opportunities in the face of disruption’ Programme features a range of not-to-be-missed presentations by some of the world’s most influential business leaders, including Tesco CEO Dave Lewis, The Coca Cola Company CEO, Chairman Muhtar Kent and Daniel Zhang, CEO of Alibaba Rising stars entrepreneurs recognised for their early achievements and creativity will present alongside these established players CAPE TOWN, South Africa, May 9, 2016/ — The Consumer Goods Forum (CGF) ) has…

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Adverts Business Economy 

Africa Singapore Business Forum Returns 24-25 August 2016

The premier platform for fostering investment, trade and thought leadership between Asia and Africa SINGAPORE, Singapore, May, 2016/ — International Enterprise (IE) Singapore’s Africa Singapore Business Forum (ASBF) is the premier platform for fostering investment, trade and thought leadership between Asia and Africa. It is slated to return 24-25 August for the fourth time. This year’s keynote speaker is Mr Tharman Shanmugaratnam, Deputy Prime Minister of Singapore & Coordinating Minister for Economic and Social Policies.Hosted in Singapore since 2010, the forum has brought together close to 2000 business and government…

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Africa Technology 

100 MW Kathu solar project in the Northern Cape of South Africa will start construction

Kathu Solar Park is a 100 MW greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system CAPE TOWN, South Africa, May 10, 2016/ — ENGIE is pleased to announce that the Kathu Solar Park project in South Africa, owned by an ENGIE-led consortium with South African partners, has signed a 20-year Power Purchase Agreement (PPA) with Eskom – South Africa’s state owned power utility –, making it possible for construction at the site to begin shortly. The concentrated solar park, situated in…

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