Africa Business Economy 

Meet the Executive From Senegal Who Can Neither Be Stopped By Borders Nor Boundaries

Anta Babacar Ngom’s most unforgettable moment was not the day when she got her dream job. It was the day she didn’t. Anta Babacar had just returned to Senegal from Paris, where she was studying at prestigious universities and working for a multinational company. At the time, she thought that her experience abroad would help build Sedima, her family’s poultry business back home. But a meeting with Sedima’s general director – her father – ended unexpectedly. Instead of being assigned a desk, she was sent to a farm to learn the basics…

Share Button
Read More
Africa Business Economy General 

African steel demand is expected to hit 3M tonnes per year by 2050

WASHINGTON D.C., United States of America, March , 2018/ — In 2015, The economist published “It’s a STEEL!” analyzing Chinese strategy of their over-production of steel. There may be reason to be suspicious of Chinese steelmakers’ motives. To some, it looks as if China simply wants to export its domestic pollution abroad. Officials are desperately trying to close dirty domestic steel plants. Persuading China’s Iron and Steel Association to do their business in Africa neatly blends environmental concerns with the government’s geopolitical motives to push investment in Africa. But now it seems that US Steel Industry…

Share Button
Read More
Africa Business Economy Technology 

Egypt Launches Digital Forensic Lab to Improve Intellectual Property Rights’ (IPR) Protection and Enforcement

CAIRO, Egypt, March, 2018/ — The Government of Egypt has announced today that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy. The new lab, the first of its kind in the MENA region, is mainly designed to resolve business software and internet-based piracy cases. It authentically recovers data from digital devices and unearths new fraud techniques. The latest measures applied aim to enhance the investigative capabilities and ease the digital forensic evidence acquisition, analysis, and reporting. The…

Share Button
Read More
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…

Share Button
Read More
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…

Share Button
Read More
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…

Share Button
Read More

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),…

Share Button
Read More
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,…

Share Button
Read More

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,…

Share Button
Read More
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…

Share Button
Read More