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Africa Business Economy Education 

Forecasting risk in Africa in 2017

Africa had its own Lehmann shock moment in July 2014. From mid-2014, the oil price began its steep decline. From a high of US$142 per barrel in mid-July 2008, as the price of oil reduced, so did the growth prospects of a large number of African economies. This has had major developmental implications for many African economies as well for many companies that have invested in their economies. Seemingly, the blanket “Africa Rising” narrative led to a general lack of ability to foresee and mitigate risk on the part of…

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Africa Business Economy 

African passports: The powerful, the weak and the (now) barred from the US

On Friday US President Donald Trump signed an executive order that barred citizens of seven nations from accessing a US visa to enter the country, effective immediately. Among these are citizens of the African countries Libya, Sudan and Somalia. These countries already have some of Africa’s weakest passports, according to the Arton Capital’s Passport Index, which ranks national passports by how easily they can visit other territories – either without a visa or with a visa on arrival. There are only 37 countries globally a Libyan passport has easy access to,…

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Africa General 

Save your company from Corporate Cholesterol

By Brett Parker, Managing Director – SAP Africa at SAP Brett Parker, Managing Director – SAP Africa at SAP JOHANNESBURG, South Africa, 30 January 2017,-/African Media Agency (AMA)/-  If you frequent the conferences and launches held by technology companies, you would surely have come across statements similar to the following: “Up to forty percent of today’s Fortune 500 companies will not be around in a decade’s time. They will have disappeared into mergers, acquisitions or extinction.” This is not a new trend. According to the American Enterprise Institute, nearly ninety…

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Benue South Peace Network Press Release Africa African Politics 

Benue South Peace Network Declares The Agatu Agreement Null and Void

Some days back, Agatu, Benue South, Benue State and the entire Nigeria was taken aback. When the news of an unfair agreement ceding some Agatu land to Fulani herdsmen as grazing reserves and grazing routed broke out. An agreement the Governor of Benue State later confessed that he was hypnotized by Governor Almakura of Nassarawa State. If you read the full content of the dubious agreement you will weep for Agatu people. A network of concerned Benue South Citizens which is composed of statesmen, technocrats, clergy, youth and student union…

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General 

Kenya to host a high level International Summit on ‘Innovating Economies’ organised by The Economist Events

NAIROBI, Kenya, January The event will take place on February 1st at the Radisson Blue Hotel in Nairobi; The event is organised by UK based, The Economist Events and sponsored by Microsoft, Johnson & Johnson and EIB; Kenya’s Cabinet Secretary, Ministry of East African Affairs, Commerce and Tourism, Ms. Phyllis Kandie is expected to open the summit; The delegates include local and international participants from the private sector, The Government of Kenya, Media and also International communities and Institutions. Kenya will for the second time in three years host a…

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Vivo Energy, the Shell licensee in Africa, and Orange announce a collaborative Pan-African partnership agreement

Orange Money customers will have access to a network of over 1,000 Shell service stations to transact from PARIS, France, January 24, 2017/ — Shell customers will be able to pay for their fuel using Orange Money Pan-African partnership covers nine countries (Botswana, Burkina Faso, Côte d’Ivoire, Guinea, Madagascar, Mali, Mauritius, Senegal and Tunisia) where both companies overlap and where Orange Money is available Under this agreement, Orange Money customers will be allowed to cash in and cash out money from their Orange Money account and pay in any Shell…

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Business Economy 

ShowMax partners with Seacom in East Africa

Kenyans can now enjoy faster connections with less buffering as ShowMax partnered with SEACOM, a data service provider and the first company to launch broadband submarine cables along Africa’s eastern and southern coastlines. Seacom will now host ShowMax caching servers in Nairobi, allowing for peering to take place with local internet service providers (ISPs). ShowMax head of distribution Mike Raath said: “The net effect of placing caching servers in Nairobi is that customers can pull video content from much closer to home, which means faster response time and less buffering….

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Africa Business 

Consider partnering to progress your business

BY: JAMES MAPOSA There are many reasons behind starting your own business. One reason is unemployment, leaving you with no options but to go the entrepreneurial route. Another reason could be limited growth opportunities through corporate employment, coercing you to try it on your own. Corporate politics, outgrowing your current employment and the presentation of an opportunity of a life time are among the plethora of reasons that compel an individual to consider embarking on the entrepreneurial journey. Long story short, businesses are borne out of both necessity and opportunity…

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Business Economy Social 

What the rise of paid social media advertising means for you

Paid social media advertising has been around for some time. Yet the concept of ‘pay to play’ has only become particularly prominent in the last few months. With practically every social media platform crippling organic reach, you need to adjust to this new reality of pay to play. © Marcel de Grijs via 123RF Do you have to pay for play? Strictly no. Something that goes viral will always have a better reach than pay to play, because word of mouth marketing trumps everything. For standard posts, you are going…

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Africa Business Economy 

Ringier launches Business Insider Sub Saharan Africa

Ringier Africa Digital Publishing (RADP) further expands its news and media portfolio in Africa with the launch of Business Insider , the digital news brand for the global business community, for Sub Saharan Africa. Tony Elumelu is on the cover of Business Insider Sub Saharan Africa The digital edition leads with an exclusive interview with Tony Elumelu, who the newly launched editorial team for Business Insider Sub Saharan Africa met with at the World Economic Forum in Davos. Elumelu, recognised as one of the continent’s most dynamic business leaders and philanthropists, is…

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