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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 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 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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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 Business Economy Education Entertainment General 

Most Influential People of African Descent under 40 honored in New York City

NEW YORK CITY, September 2017,-/African Media Agency (AMA)/- Closing out the 72nd Session of the UN General Assembly week by recognizing the Most Influential People of African Decent (MIPAD). MIPAD, a global civil society initiative, honored high achievers of African Descent under the age of 40 from over 48 countries worldwide. Notables and key power players came together from around the world in celebration at the prestigious, One UN Millennium Hilton Hotel in New York City. Ndaba Mandela, Brazilian actress Taís Araújo and Stephanie Busari of CNN Africa In support of…

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Africa Business Economy Featured General 

FIRST ATLANTIC BANK ANNOUNCES INVESTMENT BY AFIG FUNDS, A LEADING AFRICAN PRIVATE EQUITY FUND MANAGER

ACCRA, Ghana – September, First Atlantic Bank (FAB) announced  that ti has finalized an agreement with Advanced Finance and Investment Group (AFIG Funds), manager of AFIG Fund II (“Fund II” or the “Fund”), for an investment in the Bank. The Fund’s investment is subject to regulatory approval. First Atlantic Bank is a full-service universal bank in Ghana which has been proving a wide range of banking services to retail and corporate clients for over 20 years. Since First Atlantic Bank’s transformation from a merchant bank to a universal bank in…

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Africa Business Economy Featured General 

Desalination? Africa should rather manage its water resources better

Access to clean water in the future is by no means certain for many regions in Africa. These include semi-arid regions like the Western Cape of South Africa, where droughts are predicted to intensify under climate change, and wetter countries like Nigeria, where many water resources are polluted. Population growth, industrialisation and pollution will also add to the problem for people needing clean water. South Africa has recently experienced one of the worst droughts on record. In particular, the levels of dams in the Western Cape have been dropping alarmingly….

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Africa Business Economy General Social 

Africa Business Radio launches new show to unpack Africa’s reputational challenges and opportunities.

  JOHANNESBURG, South Africa, 5 September 2017,-/African Media Agency (AMA)/-Talking to Africa is a new show on Africa Business Radio (ABR) that will be making its debut on Wednesday, 27th September. The show will broadcast on Wednesdays at 3pm with repeats on Thursdays and Mondays at 9am SAT. The objective of Talking to Africa is to discuss the narrative of Africa: what it currently is, who shapes it, how it impacts the continent’s development and what can be done to ensure Africans own their own storytelling tools and platforms. Following…

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Africa Business Economy Featured General Technology 

IOX Cable announces its plans to connect La Reunion

PORT LOUIS, Mauritius, 5 September 2017-/African Media Agency (AMA)/- IOX Cable today announced that they will be expanding their reach to now Include La Reunion as part of its construction of a new state of the art Submarine Cable System. This initiative is an expansion to the planned IOX cable system to connect South Africa to India and Asia. This connectivity will offer new routes and redundancy between La Reunion, South Africa and India. Through this expansion IOX will further its regional strategy of promoting regional economic development across the Indian…

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