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Africa Economy General 

Coventry University graduate working to turn young people away from terrorism across West Africa

ACCRA, Ghana, April 2017,-/African Media Agency/- A Coventry University graduate devoted to tackling terrorism will talk about how he stopped a young man joining ISIS with just hours to spare, when he speaks in Ghana this month. Mutaru Mumuni Muqthar, a graduate of Coventry’s International Terrorism masters course, has already helped at least 20 people turn away from extremism since he set up a counter-extremism centre in Ghana. The 34-year-old launched the West Africa Centre for Counter-Extremism (WACCE) after graduating from Coventry University in 2013. Since then he and his…

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Economy Education General Technology 

Kaspersky Lab Introduces New Partner Program in Africa to Drive Business Growth for Managed Security Services Providers

Kaspersky Lab (www.Kaspersky.co.za) has launched a new partner program in Africa, aimed at managed service providers (MSPs) that already offer security services or would like to add them to their current portfolio. The program helps MSPs to address the growing demand for IT security services and enables them to attract new customers in the SMB markets, while satisfying existing customers looking to outsource all IT functions, including security, to a trusted third-party. Riaan Badenhorst, Managing Director, Kaspersky Lab Africa says: “Kaspersky Lab’s MSP Program was created specifically to meet the…

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Africa Business Economy 

Côte d’Ivoire joins the growing list of ATI’s new member countries

The African Trade Insurance Agency (ATI) (www.ATI-ACA.org) announced today that Côte d’Ivoire has joined a growing list of African countries who are members of the institution. ATI is a multilateral investment insurer whose specialised investment and commercial risk insurance products are expected to help attract up to USD2 billion worth of inward investments and trade into the country, and to potentially help lower its sovereign borrowing costs by up to 1% annually. The pan-African institution now insures investments equal to approximately 0.6 to 1.4 percent of GDP annually in a…

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Adverts Business Economy General Technology 

Digital Economy to Create over 3m Jobs, as Nigeria, Others Discuss Road Map in Geneva

It has emerged that financial services within Nigeria’s digital economy could add US$88 billion and create over 3 million new jobs over the next 10 years GENEVA, Switzerland, April 25, 2017/ — It has emerged that financial services within Nigeria’s digital economy could add US$88 billion and create over 3 million new jobs over the next 10 years. This comes as Ministers from developing countries namely Nigeria, Mexico, Kenya, Argentina, Colombia, Sri Lanka, Uruguay, Chile, Costa Rica and Pakistan under the auspices of Friends of E-Commerce for Development (FED) resolved…

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Africa General 

Why We are Hopeful About Improving Health in Africa, by Aliko Dangote and Bill Gates

This week, more than 138,000 vaccinators will fan out across five African countries in the Lake Chad area in a push to eliminate polio in Africa and rid the world of this terrible disease forever. They will take boats across fast-flowing rivers, ride jeeps along sandy ravines, walk crowded street in towns and cities and navigate cramped quarters of refugee camps to ensure that every child is immunized. Traveling for hours a day, these dedicated women and men will visit children in homes, schools, train stations, and transit points across…

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Africa Business Economy 

Datacentre investment leaders highlight Africa investment opportunity

LONDON, United Kingdom, April 26, 2017/ — Large scale datacentre investment opportunities are increasing in Sub-Saharan Africa as key commercial hubs benefit from the critical combination of high quality international backbone infrastructure (subsea cable) connectivity and mushrooming local demand for data, say investment leaders. Michael Tobin OBE, former chief executive of data center operator Telecity, who is a key speaker at the upcoming TMT Finance Africa 2017 (www.TMTFinance.com/africa) event in London, said there is massive potential for datacentre investment in Sub-Saharan Africa and conditions in three markets especially standout. “Clearly…

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Africa Property Skyline Magazine – A New voice for the African real estate industry

JOHANNESBURG, South Africa, April 26, 2017/ — Giving a much-needed voice to the African real estate sector, the African Property Skyline Magazine (www.AfricanSkylineMag.com) – the only publication dedicated to Africa real estate investment and development – will provide the industry with a new platform to explore and create a better understanding of the continent’s true potential. The magazine, which will feature the latest investment trends and development initiatives in Africa, will also focus on key trends, top African real estate deals, burgeoning new property sub-sectors as well as the inner…

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Business Economy Technology 

FAMOCO announces its partnership with Orange Cameroon to improve the efficiency of their distribution network

FAMOCO, the leader in secure professional Android devices, announces a major commercial partnership with Orange Cameroon. A strategic choice by Orange to increase the efficiency of its distribution network (reduce fraud, theft and loss of data) and to meet compliance needs. Orange is using FAMOCO’s technology to accelerate the digitization of distribution in Africa by equipping agents in the field. The technology helps to better identify buyers, increase agent efficiency and address the problems of data theft and loss. “Consumers in Africa do not have physical stores to purchase phones…

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Africa Business Economy 

World Bank sees sub-Saharan Africa GDP growth up in 2017 after poor 2016 performance

Economic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday. The bank said in its latest “Africa’s Pulse” report economic growth was seen expanding to 2.6 percent this year and further to 3.2 percent in 2018 and 3.5 percent a year later. Sub-Saharan African growth was an estimated 1.3 percent in 2016, the World Bank said. “The upturn in economic activity is expected to continue in 2018-19, reflecting improvements…

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Africa Business Economy 

[Tanzania] TPB Bank Profit rises 30% in 2016

TPB Bank has posted a profit increase by slightly over 30 per cent to cement its bid to list at Dar es Salaam Stock Exchange (DSE) main market. The firm’s net profit increased to 10.8bn/- in 2016 from 8.2bn/- in 2015, thanks to surging net interest income that went up 37 per cent to 48.2bn/-. The financial statement issued recently showed, due to the profit earnings per share climbed to 451/96 last year from 417/- of previous year. The non-interest income generated 24.9bn/- was almost at par with the previous…

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