Africa Economy General News 

Next-Generation African Leaders Announced as Winners of the Resolution Social Venture Challenge

KIGALI, Rwanda, 15 August 2018,- Fifteen teams of a total of 32 emerging African social entrepreneurs have been selected as winners of the 2018 Resolution Social Venture Challenge. A total of thirty teams of Mastercard Foundation Scholars gathered in Kigali, Rwanda to compete in the Resolution Social Venture Challenge, for a fellowship that includes seed funding, mentorship, and access to a network of young global changemakers to pursue impactful projects in their communities. A collaboration between the Mastercard Foundation and The Resolution Project, the Resolution Social Venture Challenge provides a pathway to action…

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Business Economy Education Featured General 

Top 7 sales skills for every entrepreneur

There is one statement about sales which will always remain true: people buy from people they like and trust. So what skills do you need to sharpen to build rapport and trust with leads and customers? These are seven skills to focus on: Listen actively It is important to practice active listening when you are present with your customer. By showing an interest in what they say and listening carefully to their pain points and objectives you will be able to tailor your sales pitch to satisfy their need. Your customers will…

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Africa Economy General News 

The United Nations Resident and Humanitarian Coordinator presents her credentials to the Government of Sudan

The United Nations Resident and Humanitarian Coordinator for the Republic of Sudan, Ms. Gwi-Yeop Son of the Republic of Korea, presented her Credentials to H.E. Ambassador Salah Elguned, Director General of Protocol at the Ministry of Foreign Affairs in Sudan. During the meeting, H.E. Ambassador Salah and Ms. Son discussed prospects for deepening the strategic partnership between the Government of Sudan the United Nations in addressing priority issues in the country. “It was a great honour to meet with H.E. Ambassador Salah and to present him with the Letter of…

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India steps-up trade ambitions with launch of global customs transit system – TIR

As India celebrates its Independence Day, the launch of the multimodal and digital TIR (www.UNECE.org/tir/welcome.html) customs transit system looks set to revolutionise the country’s trade and transit potential. The implementation of TIR in India echoes the impressive developmental progress of the nation, with this latest milestone taking regional connectivity to the next level. It will be easier and more efficient to move cargo along multiple trade corridors, including the International North-South Transport Corridor (INSTC) via Iran. The INSTC provides global access to markets, connecting India to the wider TIR network,…

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Africa Economy General News 

The Economic Commission for Africa (ECA), Southern Africa Office launches Zambia STEPS Profile and Country Profiles for Botswana, Lesotho, Namibia and Zimbabwe

The Economic Commission for Africa (ECA) Southern Africa Office (SA)  launched the Zambia STEPS Profile and the Country Profiles (CPs) for Botswana, Lesotho, Namibia and Zimbabwe in Lusaka. The Secretary to Treasury (Zimbabwe) and Chairman of the Bureau of 23rd Intergovernmental Committee of Experts (ICE) of Southern Africa, Mr. Willard L. Manungo, Acting Director, Central Statistical Office, Zambia Mr. Goodson Sinyenga and ECA’s Southern Africa regional director, Mr. Said Adejumobi, jointly launched the profiles. The five profiles provide detailed analyses of the socio-economic developments in the respective countries, level of…

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Facebook support’s the next generation of creative talent at The Loeries Awards 2018

DURBAN, South Africa, August 15, 2018/ — For the third year running, Facebook (www.Facebook.com) is sponsoring the annual Facebook Challenge as part of the Student Category at The Loerie Awards 2018 – Africa and the Middle East’s premier award that recognises, rewards, inspires and fosters creative excellence in the advertising and brand communication industry. During Loeries Creative Week, Facebook and Instagram will also host a series of workshops, hackathons and activations for the creative community – including advertising students – and a special event for women in marketing. For this year’s…

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Total, Chevron, CNOOC pay $2.68 billion to FG in 2017

The Federal Government received $2.68 billion, about ₦817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017, according to documents obtained from the Canadian government. The companies presented the information under Canada’s extractive industry law which required extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad. Giving a breakdown of the payments which was made to the various agencies of government, the report which was compiled in 2018, noted that Total made total…

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Africa Economy News Sports 

APO Group and Kwesé Sports announce strategic alliance to promote rugby across Africa and the globe

LAUSANNE, Switzerland, August 14, 2018/ — APO Group (www.APO-opa.com), the leading media relations consultancy for Africa and the Middle East, today announced a strategic alliance with Kwesé TV’s sports content platform Kwesé Sports (www.Kwese.ESPN.com), arguably Africa’s most trusted source for sports programming, aimed at developing the reputation and image of African rugby on a global scale. As part of the new deal Kwesé Sports, the exclusive rights-holder for both TV and all digital platforms of Rugby Africa’s games in sub-Saharan Africa, will enjoy unlimited use of APO Group’s Africa Wire® press release…

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Student wins Skye Bank’s ₦5 million prize in ‘Ref ‘n’ Win’ Promo

A 26-year old undergraduate, Damilola Rachel Ajayi, has won the overall prize of ₦5 million  in the just-concluded Skye Bank Ref ‘n’ Win Promo. The ‘Ref n Win’ promo was a youth-focused initiative designed to reward Skye Bank’s account holders who were mainly undergraduates across the country. During the course of the campaign, students who referred their friends to open accounts earned commission on accounts opened and qualified for prizes ranging from ₦25,000, ₦50,000. They also stood a chance to partake in the grand draw to win star price value…

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Africa Business Economy Featured News Technology 

UBER Monthly Riders Hits 267,000 With 9,000 Active Drivers

Transportation network company, UBER Nigeria, currently has 9,000 active driver-partners and no fewer than 267,000 monthly riders, an official has said. Francesca Uriri, the company’s Head of Communications in West Africa, made the disclosure in an interview in Lagos on Wednesday. Uriri said that the drivers and riders were based in Abuja and Lagos, where UBER currently focused. She claimed that the growing number of the riders was due to safety and services provided by the company. “UBER works together with regulators to ensure the safety of its platform and…

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