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Africa Business Economy Education General 

INTERNATIONAL SUMMIT ON AFRICAN LEADERSHIP 2017, NEW YORK, USA

Leadership in Africa has evolved over the years, tilting towards a more democratic government, and enlightened populace, although challenges abound, Africa has continued to strive for a better society, where its leaders are more transparent, accountable and innovative; while its citizens remain engaged in the decision-making process. Businesses have also not been left behind as they have continued to offer disruptive products and services, touching society and operating business beyond just profits – but aiming for greater societal impact through corporate social responsibility and sustainability practices. The Summit will, therefore,…

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Africa Business Economy General 

Dangote signs $450million jumbo sugar production Memorandum of Understanding (MoU) with Niger State

In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integrated sugar complex. On completion, according to the President of the Group Aliko Dangote, the project will generate over 15,000 jobs in the state and bring about a complete economic turn-around for the state. The $450million pact which was signed in the government…

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Africa Business Economy 

Absa Bank Limited refinances and upsizes Harmony Gold Limited’s existing Term Debt Facility

Absa Bank (www.Absa.co.za) has successfully refinanced and upsized Harmony Gold Limited’s existing USD 250,000,000 Term Debt to a 3 year USD 350,000,000 facility. Absa Bank acted as Bookrunner, Co-ordinator and Mandated Lead Arranger. The transaction was oversubscribed with the debt syndicated to a total of 8 Lenders, including 3 new Lenders. This allowed Harmony to broaden its banking group, bolster liquidity and achieve its global growth ambitions. Absa Bank is the largest lender in the new Term Debt which further cements their position as one of Harmony’s core relationship banks….

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Africa Business Economy Education 

Win Up to 1 Million Naira In Scholarships as part of the Jumia Back to School Season Sales and Free Shipping Offer

Jumia (www.Jumia.com) has announced its inaugural essay writing competition for all Nigerian students with the chance to win up to 1 million naira in scholarship. The competition is a part of Jumia’s kick-off of the 2017 Back to School season sales. The nationwide competition will bring together students from all over in an intellectual bout that challenges them to develop smart solutions and unleash hidden potentials that will address tangible problems faced in the country. The essay competition will be divided into 3 categories – senior secondary school (SSS), junior secondary…

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Africa Economy Featured General 

Power Africa Partners U.S. African Development Foundation and GE Announce Women in Energy Challenge Winners in Uganda

KAMPALA, Uganda, August 23, 2017/APO/ — The U.S. African Development Foundation (USADF), in collaboration with partners Power Africa and GE (www.GE.com), is proud to announce the winners of the 2017 Women in Energy Challenge in Uganda, where only 20% of the population is connected to electricity. Joint Energy and Environments Projects (JEEP) and Conservation and Development Uganda Limited (CODE) will each be awarded a grant of $100,000 to expand their renewable energy enterprises to reach women beneficiaries. Dr. Maria Bawabya Senkezi, JEEP’s Chairwoman, says investing in women entrepreneurs is critical…

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Africa Business Economy General 

GRIT IS GOLD AT AFRICA PROPERTY INVESTMENT SUMMIT

SANDTON CONVENTION CENTRE, JOHANNESBURG, 23 AUGUST 2017 –   JSE-and Mauritius-listed company, GRIT Real Estate Income Group, will be attending the noteworthy platform for real estate investment in Africa this week at the Sandton Convention Centre to discuss current trends, share industry experiences, and hopefully emerge having made positive connections in the various African countries.   As a top tier Gold Sponsor to the Africa Property Investment Summit & Expo (API), GRIT will be connecting with the most influential local and international Africa property stakeholders, in the promise to seek…

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Africa Business Economy Featured General 

Africa Oil Week 2017 Announces Dynamic, Forward-Looking Programme

The 24th Africa Oil Week incorporates the 17th Africa Independents Forum (23 Oct), the 24th Africa Upstream (24-27 Oct), the 5th Africa Local Content Forum (23 Oct) and the 5th Young Professionals in Oil, Gas & Energy session (26 Oct) LONDON, United Kingdom, August, 2017/ — ITE (www.ITE-Exhibitions.com), organiser of top international oil and gas events, is pleased to announce details of the programme for the 24th Africa Oil Week, the world’s longest running oil and gas conference on the African continent, to be held in Cape Town, South Africa,…

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Africa Economy Education General Technology 

Stanford Graduate School of Business Launches Two Educational Opportunities to Empower Youth and Entrepreneurs in Southern Africa

Silicon Valley-based university continues to expand global program offerings with new partnership with De Beers Group. Stanford Graduate School of Business (Stanford GSB) today announced a USD $3 million, three-year partnership with De Beers Group to empower young, budding entrepreneurs and owners of established businesses in Botswana, Namibia, and South Africa through two new educational programs launching in 2018. Stanford is expanding two of its successful programs to Southern Africa: the Seed Transformation Program of the Stanford Institute for Innovation in Developing Economies, known as Stanford Seed, and the Stanford…

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Africa Business Economy Featured General Technology 

Youtap launches mobile money QR code solution and apps for growth markets in Africa and Asia

— Youtap (www.Youtap.com), a global provider of contactless mobile payments and financial services software, has launched a QR code solution and smartphone apps for mobile money services in Africa and Asia. Youtap’s solution enables customer-initiated or merchant-initiated QR code payments for smartphones and smart point-of-sale devices. The solution conforms to the BharatQR industry standard developed by Bharat, Mastercard and Visa. Youtap’s apps can be white-labelled and branded with the logo and colours of the mobile money service. The new solution gives any merchant or small business owner with a smartphone…

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Africa Business Economy Featured General 

API Summit & Expo 2017 Presenting a New Chapter for African Real Estate

JOHANNESBURG, South Africa, August, 2017/ — A new reality for the African real estate industry, which has faced a number of geo-political and economic challenges over the last few years, is starting to emerge, and investors and developers have already started to look into how they can best redefine this new property landscape. Key Questions Covered in Press Conference: Leonard Michau, Head – sub-Saharan African Operations at Broll Property Group Once the darling of African real estate, the sentiment for West Africa has been largely negative over the last two…

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