Economy News Technology 

Fact Sheet: Global Opportunities in Nigeria’s Technology Hub

The Vice President has spoken extensively about the commitment of Government to supporting the growth of technology and creative industries in the country through its policies and reforms ABUJA, Nigeria, July 10, 2018/ — *As VP Osinbajo leads roadshow to showcase growth of Nigeria’s technology & entertainment sectors Vice President Yemi Osinbajo, SAN, will be leading a public-private sector collaborative investment roadshow to the United States, where he will be speaking to global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco and Hollywood in Los Angeles, California, from…

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Africa News Sports 

World.Rugby launches dot rugby as Global Rugby Community Invited to Join Digital Revolution

• World.Rugby seamlessly replacing worldrugby.org • World Rugby unions and regions can avail of exclusive first-chance period • Revenue opportunity for unions who choose to join the revolution • Domain secured to protect and promote the global rugby community • Commercial entities will have access to the domain DUBLIN, Ireland, July , 2018/ — World Rugby has made history by launching the .rugby internet domain name, kicking-off a digital revolution that will deliver multiple promotional benefits to the global rugby community. World Rugby’s website has become www.world.rugby and all of the international federation’s…

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Africa Business Economy News 

Continent’s Leading Satellite Broadband Service to Launch Across West Africa

DAKAR, Senegal, July , 2018/ — Yahsat (www.Yahsat.ae), the UAE-based global satellite operator, will participate in West Africa Com on the 10th and 11th July 2018, as Gold Sponsors. The event, which unites critical players in the telco value chain, will see Yahsat showcase its flagship broadband service – YahClick – to partners and customers in the region. Yahsat’s participation at the event is part of its expansion plan to launch YahClick this year in five new markets in West Africa. The service will be available in Senegal and Gambia through…

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Africa News 

Botswana Power Corporation (BPC) Signs First Time Contract for GE Power’s Software Technology

With about 70% of the country’s population having access to electricity, Botswana is currently focused on the digital transformation of its grid network to enhance reliable access for its people GABORONE, Botswana, July , 2018/ — GE Power’s Digital Energy software will provide a single platform for grid control centers in Gaborone and Francistown Project will improve customer service, reduce down-time and improve revenue collection Contract expands GE Power’s software leadership in Energy Management Systems (EMS) in Southern Africa Aligning with Botswana’s commitment to provide energy users access to affordable energy…

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Business Economy Entertainment News 

Peace Hyde, Vanessa Simmons, Karen Civil and Mc Lyte speak At 2018 Essence E Suite Panel in New Orleans

Panel is an exclusive festival opportunity for select founders, seasoned executives and emerging entrepreneurs NEW ORLEANS, United States of America, July , 2018/ — The Annual Essence Festival in New Orleans, presented by Coca Cola, is one of the nations largest live events. Each year, the festival draws nearly 500,000 attendees who gather for three days of music, entertainment, empowerment and culture. Now in its 24th year, the Essence Festival has featured some of the biggest names in entertainment and the nations most influential speakers, authors and leaders, including Beyoncé,…

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Africa Business News 

Botswana Economy Records Positive Growth

Botswana economy recorded an exemplary growth of 4.8% in the first quarter of 2018 according to Statistics Botswana. Announcing this at a Press conference, Botswana’s Statistician General Burton Mguni attributed the GDP growth to value addition in mining, and growth in transport, communications, finance and business services. These sectors recorded a growth of 12.1 %, 6.5%, and 5.4% respectively. The value addition in diamond grew by 11.5%. The output of diamonds and prices continued to improve contributing to the overall growth during the first quarter. However, non-mining sector growth was…

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Africa Business Economy 

Economic Union, as Key to Shared Prosperity

Amidst recent global uncertainties, swinging between gloom and euphoria- booming stock market and apprehensions of trade war- East Africa’s conspicuous economic performance cannot be missed out. Between 2012 -2017, the region recorded an annual average growth of more than 6%, high above the global average. The region is also witnessing several cross border partnerships. There is a growing realisation among the members of the region that only through joint efforts and regional integration, they can tap the opportunities of an expanded market and a economic growth.  Ethiopia, Sudan, Kenya and…

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Africa News 

Chinese President, Indian PM Modi to visit Rwanda

Indian Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to visit Rwanda shortly during their visit to attend the forthcoming BRIC meeting to be held at South Africa. The state visits by both leaders are set to further strengthen Rwanda’s ties with China and India, two emerging economies in the Asian region. During the visits, Rwanda will sign a number of agreements for cooperation between the two countries. His Excellency President of Rwanda Paul Kagame visited China in early 2017. He also visited India twice in the…

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Business Economy 

Zambia to Host COMESA Summit

COMESA has announced its decision to hold the 20th Head of state and Government Summit in Lusaka, Zambia on July 18 and 19, 2018.Earlier , it was supposed to be held in Rwanda.The hosting of the COMESA in Zambia is expected to yield economic benefits to Zambia and also strengthen its position in the  regional block bringing it closer to the free trading arrangement. Zambia has recently announced its National Trade Policy which aims at transforming it form an exporter of primary commodities to an exporter of value added products.…

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Africa Business Economy 

Djibouti and China to Build Africa’s Biggest Free-Trade Zone in the Horn of Africa

Djibouti and China have agreed to build a $3.5bn free trade zone Africa’s biggest free-trade zone in the Horn of Africa nation. The zone, one of several new port and trade facilities being developed by Djibouti, will span an area of 4,800 hectares. The zone will be jointly operated by Djibouti Ports and Free Zones Authority and China’s Merchants Holdings company. The zone which will house manufacturing and warehouse facilities, an export-processing area and a services centre, is expected to handle trade worth $7 billion within two years, and create 15,000…

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