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30-10-2014 23:52:00 | by: Default Admin User | hits: 4465449 | Tags:

VOSS Water Norway partners with Voss Foundation to promote clean water, sanitation and hygiene initiatives in Sub-Saharan Africa
23-03-2017 | 06:30:00
Over 300 million people in Sub-Saharan Africa lack access to clean water which is approximately the same as the population of the United States.
Despite a bold agenda for change, South African business executives claim organizations are not “change agile,” new Mercer study finds
22-03-2017 | 11:30:00
As the competition for talent continues to rise and business models are disrupted by technology and socio-demographic shifts, organizations are still taking an evolutionary approach to their talent strategies in the face of revolutionary changes.
[Kenya] Capital Markets Authority targets listing 40 companies in the Growth Enterprise Market Segment by 2023
21-03-2017 | 14:42:56
In its drive to increase listings on the Nairobi Securities Exchange (NSE), in line with the objectives of the 10-year Capital Market Master Plan (2014-2023), the Capital Markets Authority (CMA) has signed up 70 potential issuers for the Business Incubator and Accelerator on the Listing Experience event.
Nielsen data shows that South Africans will pay more for premium brands
21-03-2017 | 11:41:00
A phenomenal 92% of South Africans reveal they are willing to pay an above-average price for products that deliver higher quality, offer superior functioning (91%) or stand behind environmentally responsible (86%) or socially responsible (77%) principles.
[Column] Jens Ischebeck: Edtech - A growth area for Africa
20-03-2017 | 10:44:58
EdTech is the use of digital education technology to facilitate teaching and learning. It’s a rapidly expanding sector with enormous potential. Providers around the world are now incorporating education technology into their delivery strategies.
Teraco raises R1.2 billion in debt funding for further investment into South African data centres
20-03-2017 | 10:18:00
South Africa Teraco, Africa's largest carrier & cloud neutral colocation data centre and home to NAPAfrica, Africa’s largest Internet exchange point (IXP), has announced that it has raised a medium term funding facility from Absa amounting to R1.2 billion.
[Kenya] Nairobi among leading African destinations on the Fortune 500 list, Infomineo report
17-03-2017 | 10:19:21
The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 countries, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.
Analysis of key sectors of Egypt: Business opportunities and trends
17-03-2017 | 06:47:04
Egypt is one of the fastest growing and most promising economy in Africa. Egypt's high growth rate in recent years was driven by high international tourist inflow, growth in trade & logistics and ICT market. Egypt GDP is growing at a moderate rate of 4.3% in 2015.
Africa and Middle East security screening market by product, application, geography and forecast by 2022
16-03-2017 | 13:12:20
Orbis Research added report on "South Africa Virtual Desktop Infrastructure Market By Implementation Model (Hosted Shared Desktop, Hosted Virtual Desktop), Trends, Forecast (2017-2022)"
[Tunisia] Packaged food market on an upward growth trajectory, Orbis Research
16-03-2017 | 12:00:00
Despite being impacted by the weak economy, packaged food recorded value sales growth of 8% in 2016, increasing only marginally compared with the previous year. Most packaged food categories in Tunisia recorded healthy growth rates in 2016.
African telcos to prioritize emerging opportunities in order to stay afloat, International Data Corporation
16-03-2017 | 06:34:00
Telcos across Africa are increasingly focusing on effectively maximizing their return on investment from data and on monetizing emerging opportunities such as the Internet of Things (IoT) to remain competitive and afloat, according to George Kalebaila, research director for telecommunications, media, and IoT at International Data Corporation (IDC).
South Africa food preparation appliances industry soars, Orbis Research
16-03-2017 | 06:30:00
Food preparation appliances grew by 3 per cent in retail volume terms in 2016, with mixers continuing to be the largest category.
[South Africa] Vodacom's network commands market lead, Speedtest results by Ookla
15-03-2017 | 06:43:43
Vodacom continues to shoot the lights out. The latest national and regional results from Speedtest by Ookla show that the company has the best overall network performance among all mobile network providers in South Africa.
Africa pet nutraceuticals market on high growth trajectory
15-03-2017 | 06:39:46
The total Africa Pet Nutraceuticals market is valued at over $291.2 million with the value expected to rise tremendously by the year 2020.
Mergers and Acquisitions action shifts from West to East Africa, report
13-03-2017 | 16:06:00
Despite market deal volumes being down by nearly a third for Africa Mergers and Acquisitions, M&A in 2016, international law firm Clifford Chance saw an increase in M&A instructions in Africa in the same period.
Steady technological advancements improve opportunities for the South African mining explosives market
13-03-2017 | 08:15:00
Steady technological advancements within the mining industry are reducing mining costs, improving blasting efficiencies, and driving explosives sales; thereby boosting growth of the South African mining explosives market.
Africa PC market declines year on year amid weak commercial demand, study
13-03-2017 | 08:03:19
The Middle East and Africa (MEA) PC market experienced a mild decline of 1.8% year-on-year (Y-o-Y) in Q4 2016 to total 3.2 million units, according to global technology research and consulting firm International Data Corporation (IDC).
South African uncertainty reflected in deflated consumer confidence figures
10-03-2017 | 14:18:01
South Africa is navigating choppy economic and political seas and nowhere is that more apparent than in the latest consumer confidence index (CCI) figures, which showed a 10-point decline to 77; offsetting the gains made in the previous quarter.
Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in one year
10-03-2017 | 12:34:55
Integrated energy group Aiteo has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29.
Hurricane Electric continues commitment to Africa with major network buildouts
10-03-2017 | 12:11:27
World’s largest IPv6-native Internet backbone, Hurricane Electric has announced a significant buildout of its global IPv4 and IPv6 network throughout several regions in the Middle East and Africa.
Africa leads in creating resilient women entrepreneurs, Mastercard Index
10-03-2017 | 08:26:26
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) today, it was revealed that 34.8 percent of businesses in Uganda are owned by women, making it one of the top performing African countries highlighted in the index.
East Africa Metals closes $5.2 million non-brokered private placement
09-03-2017 | 15:24:52
East Africa Metals Inc has announced the closing of a $5.2M private placement with Shandong Tyan Home Co., Ltd. , a Chinese listed public company. The private placement will finance ongoing exploration and project development activities at the Company's Harvest and Adyabo projects, located in the Tigray region of the Federal Republic of Ethiopia.
mSurvey and Safaricom launch first cash economy research platform in Africa
09-03-2017 | 08:18:36
mSurvey, the only global mobile-first research platform leveraging SMS and mobile messaging technology to simplify access to credible, on-demand data from the emerging world, and Safaricom, a leading communications company in Kenya, have launched Consumer Wallet, a groundbreaking platform that quantifies offline consumer spending habits and trends.
Nigeria economic growth at lowest level in fifteen years on oil pipelines vandalism
08-03-2017 | 14:36:00
The National Bureau of Statistics (NBS) stated that Nigeria's real GDP growth contracted to -1.30% (year-on-year) in the fourth quarter of 2016.
New entrepreneurship curriculum to help Nigeria industrialize
08-03-2017 | 14:30:00
A new United Nations Industrial Development Organization (UNIDO) project will develop an entrepreneurship curriculum for senior secondary schools in Nigeria.
Sub Saharan Africa lags in policy changes, affecting private sector growth, Economic Freedom Index
08-03-2017 | 11:53:00
Heritage Foundation released its 2017 Economic Freedom report in February revealing that Sub-Saharan African (SSA) countries are distributed primarily within the lower ranks of economic freedom.
[Interview] Debbie Goodman-Bhyat, CEO Jack Hammer, South Africa
07-03-2017 | 12:42:00
CEO of South African executive search firm Jack Hammer, Debbie Goodman-Bhyat, discusses the growing shift from expat hire to local executive leadership in African organizations.
South Africans will pay more for premium brands, Nielsen data
06-03-2017 | 12:11:33
About 92 per cent of South Africans reveal they are willing to pay an above-average price for products that deliver higher quality, offer superior functioning (91%) or stand behind environmentally responsible (86%) or socially responsible (77%) principles; this despite economic limitations where only 50% of the population believe that they are financially better off than five years ago.
Samsung emerges Africa’s most admired brand
06-03-2017 | 10:59:26
African Business magazine in partnership with Brand Africa, Brand Finance, GeoPoll and Kantar TNS has released the results of the Top 100 brands in Africa.
[Botswana] World Bank Approves $145.5m to Improve Water Availability in Drought Vulnerable Areas
06-03-2017 | 10:30:00
The World Bank has approved a $145.5 million loan to the Republic of Botswana for the Emergency Water Security and Efficiency Project.
Research advocates for new approach to youth employment training strategies in Africa
03-03-2017 | 16:10:07
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa. Invisible Lives: Understanding Youth Livelihoods in Ghana and Uganda sheds light on the working lives of African youth.
Improving conditions for people and businesses in Africa cities key to growth, study
03-03-2017 | 13:56:00
Africa’s cities are growing in population – adding the size of another Nigeria to cities by 2025 – so have a critical role to play in their countries’ economic growth, says a new World Bank report.
Africa industrial valves market to surpass $4 billion by 2021, research
02-03-2017 | 16:34:04
Recovering oil & gas sector and growing focus towards industrial expansion by various countries in the region will drive demand for industrial valves in Africa through 2021.
[South Africa] MobileData sees brighter future for e-commerce in 2017
02-03-2017 | 11:48:36
ICT professionals admit that 2016 was a tough year, but those who are positioned at the edge of technology trends application are confident the tide is about to turn.
[Kenya] Low seed volume and limited crop choices at local agrodealers threaten food security, study
02-03-2017 | 11:28:00
As Kenyans brace for another bout with drought, a new study released today finds local agrodealers could play a pivotal role in helping farmers adapt to climate change—yet their assistance is severely limited by a shortage of certified crop seed stocks and financing options.
[Tanzania] Eight cities get World Bank support to scale-up and modernize infrastructure
02-03-2017 | 10:38:41
Residents of eight rapidly urbanizing cities in Tanzania will benefit from funding to scale up infrastructure investments and promote growth, the World Bank Group announced today.
[Kenya] Drought pushes inflation to highest levels since 2016
01-03-2017 | 06:48:00
February has seen Kenya’s inflation climb to its highest since 2016 as the effects of the ongoing drought continues to pile pressure on the cost of food according to recently released data from the Kenya Bureau of Standards.
Standard and Poor’s maintains Zambia’s ‘B/B’ Ratings, negative outlook
28-02-2017 | 15:29:00
Rating agency Standard and Poor’s says the Zambian government’s financing position remains very tight, with access to external debt markets and available domestic capacity both limited.
[Kenya] Bank borrowing to rise sharply in 2017, Metropol outlook
24-02-2017 | 10:24:00
Kenyan economy is predicted to grow at 6.5 per cent in 2017 from an estimated 5.9 per cent last year driven largely by a historic spike in borrowing this year driven by government and private sector as the capping works itself out according to the latest forecast by Metropol Corporation.
[Kenya] Insurance penetration stands at 12 per cent, survey
21-02-2017 | 06:26:00
A paltry 12 per cent of Kenyans have any form of insurance programme according to a survey by online service provider Daktari Africa.
WorldRemit sees huge growth in money transfers to Tanzania
20-02-2017 | 09:45:00
Digital money transfer service WorldRemit is consolidating its rapid expansion into Tanzania, supporting the growing demand for instant remittances to the country from over 4 million expatriates living abroad.
East African youth embrace agriculture as a side hustle, survey
16-02-2017 | 12:58:00
Millennials in East Africa are turning to Agriculture as a side business, a majority have attempted to turn their side hustle into their main focus borrowing starting capital from banks and relatives.
Drought pushing food prices up in East Africa, FAO
15-02-2017 | 06:13:00
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
Improving conditions for people and businesses in Africa cities key to growth, report
10-02-2017 | 06:33:00
Africa’s cities are growing in population, adding the size of another Nigeria to cities by 2025, so have a critical role to play in their countries’ economic growth, says a new World Bank report.
[South Africa] S&P expects lull in house price growth on weak macroeconomic growth
26-01-2017 | 08:47:00
Global rating company Standard & Poor's is predicting a lull in house price growth of 5.5 percent in South Africa for this year. This implies stagnation in home prices in real terms.
World Bank projects marginal economic growth for Central African states
20-01-2017 | 11:30:00
The World Bank has projected that the economic growth of most countries in the Central African Economic and Monetary Community (CEMAC) will slightly accelerate from 2017 to 2019, based on its latest economic perspectives.
Sub Saharan Africa economic growth to rise by 2.9 per cent in 2017, World Bank
16-01-2017 | 14:02:00
Sub-Saharan African growth is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to lower commodity prices. This according to the January 2017 global economic prospects report published by the World Bank.
Cameroon optimistic of a 6 per cent economic growth despite dip in oil revenue
12-01-2017 | 14:35:00
Cameroon is optimistic that its economy will grow to 6 per cent in 2017 despite an introduction of new taxes meant to compensate for dwindling government revenue mostly from oil.
Reserve Bank of Malawi projects 5.6 per cent economic growth on robust agricultural sector
05-01-2017 | 10:29:00
The Reserve Bank of Malawi has expressed optimism that the economy will rebound in 2017, predicting domestic economic activity to grow by 5.6 per cent.
South Africa growth weak, but stronger than 2016
03-01-2017 | 10:55:00
South African asset prices should perform "ok", but mainly because there are more negative peers to compare to - especially Turkey - emerging markets economist Peter Attard Montalto of Nomura said on Thursday.
Equity fastest growing bank in Africa, survey
06-07-2016 | 07:26:00
Kenya’s Equity Bank has been ranked the fastest rising bank in Africa by the Banker, a publication of Financial Times which ranks the Top 1,000 banks globally.
Ghana’s inflation at 6-year high, hits 19.2% for March
13-04-2016 | 18:24:00
Inflation for the month of March 2016 has risen to 19.2 percent, the highest since August 2009.
Nielsen survey reveals Nigeria’s tremendous online shopping potential
24-03-2016 | 10:05:00
Amidst the challenges of limited Internet connectivity and unreliable connections, a new Nielsen Global Connected Commerce Survey has found that Nigerians use of mobile devices to make online retail purchases is significantly higher than global purchasing rates across several categories.
CFAO survey on Africa's middle classes paints detailed picture of "new African consumers"
16-10-2015 | 13:01:00
Conducted in partnership with research institute IPSOS and consulting firm BearingPoint, the study (The Middle Classes in Africa: realities and challenges) aims to quantify this new phenomenon and characterise the behaviour of African consumers