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PayU Nigeria Introduces a convenient payment solution for recurring bills

LAGOS, Nigeria, August , 2017/ — PayU Nigeria (www.PayU.com.ng) introduces PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring bills or subscription payments in a seamless way. Country Manager of PayU Nigeria, Ms Juliet Nwanguma said: “PayU Subscription is an innovative product for businesses who are looking to offer subscription and recurring bill payments to their customers.” It provides customers with a simple, safe and secure alternative to regular direct debit payments. Using tokenisation as the underlying technology, PayU…

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Africa Business Economy Featured General 

Alibaba Group and Marriott International Announce Innovative Joint Venture to Redefine Travel Experience

SHANGHAI, The People’s Republic of China, August , 2017/ — Joint Venture to Create Seamless, Insight-based Travel Services, With Alibaba Serving as Gateway to More than Half a Billion Chinese Consumers Chinese Outbound Travel Set to Boom with 700 Million Trips Estimated for the Next Five Years as Consumers Seek New, Elevated Travel Experiences Alibaba Group Holding Ltd. (“Alibaba”) (NYSE: BABA) and Marriott International, Inc. (www.Marriott.com) (“Marriott International”) (NASDAQ: MAR) today announced the establishment of a joint venture to redefine the travel experience for the hundreds of millions of Chinese…

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Africa Business Economy Sports 

Nigerian Professional Football League Launches New Lottery with Highest Jackpot in Africa

LONDON, United Kingdom, August 8, 2017/ — AfroMillionsLotto, a brand new lotto with a minimum jackpot close to a billion naira is to be launched in support of the Nigeria Professional Football League (NPFL) clubs by the League Management Company (LMC) in partnership with British-based Ofertas365. The lotto, due to be live later this month, has jackpots larger than every lottery in Nigeria combined, and the biggest available anywhere in Africa! All 20 NPFL clubs are to be branded with their own page on www.AfroMillionsLotto.com where people can buy tickets online for the twice-weekly…

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Africa Featured General 

Discovery Channel announces its top 10 finalists for the “Don’t Stop Wondering” Award at the Jozi Film Festival.

JOHANNESBURG, South Africa, 31 July 2017,- The search for the winner of Discovery Channel’s brand new award category at the sixth annual Jozi Film Festival has heated up. After receiving over 200 entries from across the continent, Discovery Channel is proud to announce the Top 10 finalists for the Discovery Channel ‘Don’t Stop Wondering’ Award. From today and throughout August, each film will be broadcast on Discovery Channel and it will be up to viewers to decide which film should be chosen as the overall winner. Voting closes on Monday 28 August and…

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Africa Featured Social 

Nigeria’s Enelamah Elected Vice Chairperson, Africa, WTO Ministerial Conference

GENEVA, Switzerland, July 31, 2017/ — Enelamah Elected Vice Chairperson, Africa, WTO Ministerial Conference: Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has been elected the Vice-Chairperson representing Africa, for the 11th World Trade Organisation (WTO) Ministerial Conference Nigeria’s election was decided at the meeting of the WTO General Council on July 26th. The General Council acts on behalf of the Ministerial Conference on all WTO affairs. It meets as the Dispute Settlement and Trade Policy Review Body to oversee procedures for settling disputes between members and to analyse…

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Africa Business Economy General 

Africa to Launch Single Air Transport Market in 2018

Pretoria — An African single air transport market will be launched in January 2018, with 40 plus countries expected to be signatories by then. So far, 20 African countries out of 55 have subscribed to African single air       market. This was announced by David Kajange, the Head of the Transport and Tourism Division at the African Union (AU) on Sunday on the sidelines of the ongoing 29th AU summit, which is underway in Ethiopia’s capital, Addis Ababa. A single air transport market is one of the goals…

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Africa Business Economy Featured General 

Africa’s hospitality sector withstands economic headwinds

PwC’s 7th edition of the ‘Hotels Outlook: 2017-2021’ projects that South African hotel room revenue will grow by 10.1% in 2017 to R17.5 billion JOHANNESBURG, South Africa – South Africa’s hospitality sector is poised for further growth in the next five years bolstered by inbound travelers amid a difficult and volatile economic climate. Pietro Calicchio, Hospitality & Gaming Industry Leader for PwC Southern Africa (www.PwC.co.za), says: “Africa’s hotel sector has remained resilient in the face of strong economic headwinds.” PwC’s 7th edition of the ‘Hotels Outlook: 2017-2021’ projects that South…

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Business Economy Education 

The public have more in common with CEOs than you might think

Over the years, the issue of public trust has been climbing steadily up the agenda of global CEOs. Indeed, it was one of the biggest risers on the list of possible threats to business growth in our 20thCEO Survey, with 58% admitting that the deterioration of trust in business was either somewhat or extremely concerning. In light of this increased emphasis on trust, we decided that for this year’s survey we needed to learn the opinions of the public – as well as CEOs – on issues such as growth,…

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Africa Business Featured General 

GROHE SPA® F-digital Deluxe – Transform your bathroom into a Home Spa

A luxurious shower experience for all the senses ABIDJAN, Ivory Coast,- Leaving the daily stresses behind and finding some inner peace doesn’t have to mean travelling to a remote retreat. A domestic bathroom can be turned into a source of fresh energy and inspiration. You can create your own space at home dedicated to multisensory indulgence, where you can treat yourself to the feeling of a warm tropical rain on your skin while wrapping your entire body in fine steam, coloured mood lighting and atmospheric sounds. This luxurious shower experience…

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Africa Business Economy Education 

McKinsey’s latest report on Africa-China economic partnership challenges previous beliefs

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest. Through a study conducted across eight countries that together make up about two-thirds of Sub-Saharan Africa’s GDP, the report finds that there are already over 10,000 Chinese firms operating in Africa—four times the previous estimate. About 90 percent of these are private firms, of…

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