Africa Business Economy 

Snap Tech International opens new branch in Zimbabwe

International Change Management Consultancy and training Firm, Snap Tech International has opened its new branch in Zimbabwe saying that the new dispensation opens new opportunities to improve the economy. Snap Tech (Pty) Ltd is an accredited consulting and training company and a leading provider of international best practice standards, frameworks and models in project, programme and portfolio management in South Africa and Africa. According to Hector Vere, Snap Tech International Principal Consultant, the company which is headquartered in South Africa has also established footprints in Kenya, West Africa, Zambia and…

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Africa Business Economy 

Emmerson Mnangagwa, President of Zimbabwe, to present his economic recovery project at the AFRICA CEO FORUM

* Emmerson Mnangagwa will take part in the AFRICA CEO FORUM on 26 and 27 Marchin Abidjan. * A government delegation will present the strategy for the southern African country’s economic revival to the investor community gathered for the occasion. * In an unprecedented inter-presidential panel, former Nigerian president Olusegun Obasanjo and Zimbabwe’s new president will discuss ways to lift the country out of its isolation and get the economy back on its feet. ABIDJAN, Ivory Coast, March 12th 2018, Emmerson Mnangagwa’s accession to the presidency of Zimbabwe in late November 2017…

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Africa Business Economy General 

The Gauteng Province and GE Sign Memorandum of Understanding to Advance Economic Development

Under the MoU, GE and the Office of the Premier will work together to identify critical areas for collaboration and leverage on the vast economic opportunities within the Gauteng Province JOHANNESBURG, South Africa, October 13, 2017/ — The MoU covers collaboration in the Energy and Healthcare sectors. Through the collaboration, GE will support the Premier’s Office’s “Tshepo 1 Million” youth empowerment programme, which focuses on creating employment and entrepreneurship opportunities for the Gauteng youth. The Gauteng Province (www.Gauteng.gov.za) and GE (www.GE.com) have signed a Memorandum of Understanding (MoU) to collaborate on…

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4th World Forum on Local Economic Development: African Local Governments to examine the informal economy and climate change

The theme of the 4th edition is, “The contributions of local economic development to the implementation of the 2030 development program” RABAT, Morocco, October 13, 2017/ — The City of Praia (Cape Verde) will host the 4th World Forum on Local Economic Development (LED), October 17-20, 2017. Over 1,500 participants from 120 countries are expected to attend the meeting organized by UNDP (United Nations Development Program); UCLG (United Cities and Local Government); ILO (International Labor Organization); FAMSI (The Andalusian Fund of Municipalities for International Solidarity); and ORU-FOGAR. UCLG Africa (http://APO.af/RHgtRo),…

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Africa Business Economy General Technology 

Global leader in online gaming selects Angonix, Africa’s third largest IXP

Angola’s largest IXP welcomes i3D.net as its first remote peering customer LUANDA, Angola, October 13, 2017/ — Angonix (www.Angonix.net), Angola’s largest Internet Exchange Point (IXP), today welcomed i3D.net as its first remote peering customer. i3D.net is a managed hosting provider specialising in online gaming that hosts tens of millions of players for game publishers on the Microsoft Xbox and Sony PlayStation networks. i3D.net joins 17 other companies at Angonix, Africa’s third largest IXP. According to Darwin Da Costa, project manager at Angonix: “With the Remote Peering services from Angola Cables,…

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The new kids on the blockchain, Modex, announces Initial Coin Offering in Financial Times Arab Banking and Finance report today

Modex is building on its existing fintech payment application, Moneymailme. The app will be used to deploy smart contracts and crypto currencies alongside traditional currencies to create a robust, borderless social payment ecosystem   Borderless social payment ecosystem is in particular high demand in emerging and frontier markets across Africa, the Middle East, and Asia LONDON, United Kingdom, October 13, 2017/ — Following the Jamie Dimon’s strange rebuke of crypto currencies and Lloyd Blankfein’s ambiguous tweet about still making up his mind on the future of blockchain the enfant terrible. Modex,…

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Africa Business Economy Featured General 

Best Ideas to Invest in Gold

In the modern world, many people invest in Gold. Unlike other invest options, Gold investments are consider to be resistant to financial fluctuations. The securities and money markets tend to keep fluctuating and it is becoming more difficult to predict the value of stocks. The Gold assessment on the other hand tends to be more stable with little fluctuation. This may be the reason why many people turn to investing in Gold as opposed to other investment options. The two most common types of Gold investments are Gold Bullion Coins…

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Africa Business Economy General Technology 

Off-grid Solar set to triple in Africa

The IEA has found that the amount of power from solar grew by more than 50%, and has officially increased energy output globally at a faster rate than any other fuel LAGOS, Nigeria, October 6, 2017/ — Off- grid solar will bring basic electricity services to almost 70 million more people in Asia and sub Saharan Africa A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa. The International Energy Agency’s 2017 report (http://APO.af/inLXNs) on renewables…

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Africa Business Economy 

DHL and MallforAfrica team up to further cross-border e-commerce to the United States

Through this partnership, DHL locations will serve as drop-off points for products destined for consumers in the United States CAPE TOWN, South Africa, October 5, 2017/ — Africans will now be able to sell their local products to customers in the US through an eBay platform powered by MallforAfrica DHL locations across Africa will serve as pick-up and drop-off points DHL Express (www.dpDHL.com), the world’s leading international express services provider recently announced its partnership with MallforAfrica (www.MallForAfrica.com), the award-winning global e-commerce company, which will facilitate selling of made-in-Africa products to…

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Business Economy General Technology 

Hilton Launches Africa Growth Initiative

Initiative expected to add 100 properties to its portfolio over the next five years MCLEAN, United States of America, October , 2017/ — Hilton (http://Newsroom.Hilton.com) (NYSE: HLT) has committed a total of $50 million over the next five years towards the Hilton Africa Growth Initiative to support the continued expansion of its Sub-Saharan African portfolio. These funds are intended to support the conversion of around 100 hotels (roughly 20,000 rooms) in multiple African markets into Hilton branded properties, namely into its flagship Hilton Hotels & Resorts brand, the upscale DoubleTree…

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