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Africa Business Economy Technology 

Jumia introduces Jumia Bot, Nigeria’s first E-commerce Bot

True to its mission of expanding horizons, Jumia (www.Jumia.com) introduced on 2nd October Jumia Bot (http://APO.af/595ays), Nigeria’s first e-commerce Bot. Using Jumia Bot, shoppers can order food, find fashion or electronic items and book hotels and flights by simply having an online conversation with the bot. This innovation, powered and hosted by Facebook Messenger, was officially launched on 2nd October in Nigeria and will offer Nigeria’s 18 Million Facebook users the ability to get their own personal Jumia shopping assistant directly on Facebook Messenger. The Jumia Bot works by asking customers what…

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Africa Business Economy General Technology 

SAP Skills for Africa delivers 52 skilled graduates to drive digital transformation in East Africa

NAIROBI, Kenya,  October, – Digital transformation initiatives in East Africa received a welcome boost this week as 52 skilled youth graduated from an expanded East African SAP Skills for Africa program. Speaking at a graduation ceremony held at the Kenya School of Government in Nairobi, Head of SAP Skills for Africa Meena Confait said every one of the graduates have already been placed at partner and customer organizations in the region. “This year marked our first expanded East Africa program, with candidates from Kenya, Uganda, Rwanda and Ethiopia completing their…

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Africa Business Economy 

Angola’s Port of Caio is Set to Start Full Operations Ahead of Its 2019 Schedule

On Tuesday, 3rd of October 2017, the deep water commercial harbour Port of Caio in Angola’s Cabinda enclave region announced that the port will commence full operations in the first quarter of 2019. This is one year ahead of the original schedule. The construction of the deep-water port has gained momentum due to the strong support provided by the Government of Angola, Ministry of Transport, Provincial Government and China’s Export-Import Bank. “Africa’s significant infrastructure needs can be addressed by embracing the PPP model, which will help attract more private investment…

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Africa Business Economy General 

CHINA EUROPE INTERNATIONAL BUSINESS SCHOOL HOLDS ALUMNI AGM IN NIGERIA

Recently, the Nigerian chapter of China Europe International Business School, CEIBS Alumni held their annual general meeting and induction ceremony at the City Mall in Lagos, Nigeria. “Today marks the first of many great steps that the Alumni will embark on towards greatness. Together, we are entering another phase and taking the necessary steps towards building a CEIBS Alumni Nigeria chapter that is both progressive with fresh ideas and initiatives as well as responsive to the changing global climate,” said the President of the CEIBS Nigeria Alumni chapter, Sunday Adebayo…

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Africa Business Economy 

Ecobank launches mVisa across 33 African Countries

Ecobank (https://Ecobank.com) has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to directly access the funds in their bank accounts to pay person-to-merchant (P2M) or person-to-person (P2P). Ecobank Scan+Pay with mVisa delivers instant, secure cashless payment for goods and services by allowing customers to scan a QR code on a smartphone or enter a unique merchant identifying…

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Africa Business Economy Featured General 

Rwanda dials up investment opportunities by playing to its strengths

Produced by Maritz Africa Intelligence specifically for the NTU-SBF Centre for African Studies, a trilateral platform for government, business and academia to promote knowledge and expertise on Africa, established by Nanyang Technological University and the Singapore Business Federation. The original document can be downloaded here. *** This article is a summary report of a panel discussion that took place during the Afreximbank annual general meeting, held in Kigali, Rwanda from 28 June to 1 July 2017.  My first impressions of Kigali, Rwanda’s capital, largely agreed with the ‘Singapore of Africa’ analogies I’ve…

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Africa Business Economy 

Tanzania: Entrepreneur overcomes financing challenges to launch cashew business

Within two years of starting his business, Fahad Awadh had been named one of 30 entrepreneurs to watch in Africa by Forbes magazine, and also received a US$500,000 grant from the Africa Enterprise Challenge Fund. Awadh is the founder of YYTZ Agro-Processing, a cashew production company that focuses on exporting high-quality nuts from Tanzania, while working closely with local farmers to ensure they are sufficiently included in the value chain. In 2014, Awadh began looking for a business venture he could invest in – something that entailed value addition in…

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Africa Business Celebrity Interviews Economy General 

Lions (still) on the move: Growth in Africa’s consumer sector

Just a few years ago, consumer spending in Africa passed the US$1tn mark. The continent’s impressive growth trajectory at that time – in particular, the robust growth in Africa’s 30-largest economies – caught the attention of consumer businesses worldwide. Indeed, the consumer-facing sector has been pivotal in Africa’s growth story, accounting for almost half of the continent’s GDP growth between 2010 and 2014. But because of the recent slowdown, some executives have begun to question whether Africa’s once-roaring economy and burgeoning consumer sector still hold promise. Is Africa truly worth investing in? Can…

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Africa Business Economy Education General Technology 

Samsung grows young girls’ capacity in ICT skills in Ghana

ACCRA, Ghana, 02 October 2017, – 40 employees from Samsung’s headquarters in South Korea have gathered in Accra to take part in the company’s annual Employee Volunteer Programme (EVP). The week-long initiative, which is aimed at empowering young girls with future-focused ICT skills, has been carried out in partnership with Better World. Each year, Samsung employees dedicate their time and skills to an initiative which they feel will add value to one of the regions in which the company operates. As part of this year’s programme, staff members will impart their…

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Africa Economy Education 

Merck Foundation supports the training of Twenty Future Oncologists in Africa through one and two year Oncology Fellowship Program in 2016 & 2017

DARMSTADT, Germany, October 2, 2017/ — Merck gives back to society through Merck Foundation’s programs to build cancer care capacity in Africa. Merck Foundation provides Africa with Twenty New Oncologists through Merck Africa Oncology Fellowship Program established in India, Kenya and Egypt. SDG 3 calls us to sustainably invest on building healthcare capacity to improve access to equitable healthcare solutions. Merck Foundation (www.Merck-Foundation.com) started the second stage of their Africa Oncology Fellowship Program that started in 2016 with the aim to increase the limited number of oncologists in Africa. Dr….

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