Category archives for: Business

African Business, Chinese Characteristics

By Margaret O’Connor   As Chinese investment into Africa diversifies, there is growing demand for a new generation of local business leaders with the right cultural, linguistic and technical abilities. While China’s commercial ties with Africa are fast growing – it is the continent’s largest single trading partner, with bilateral trade reaching $160bn in 2011 […]

Africa: Frontline SMS Bring a Free, Innovative Solution to African Broadcasters

By Russell Southwood   London — As TV and radio broadcast markets intensify across several liberalized African countries, broadcasters need to find solutions to create more interactive with their audiences and build loyalty among them. SMS is one of those. There are a few SMS management software available out there but FrontlineSMS, a rather discreet […]

African Cooperation ‘Dropped From EU Research Calls’

By Paula Park   From 2013, African scientists may be more likely to be left out of lucrative collaborations with European Union (EU) researchers, according to some policy experts. A mandate for EU research groups to include African partners in projects was dropped from the Seventh Framework Programme (FP7) 2013 calls for proposals for EU […]

Africa: World Bank Chief Heads for South Africa

New World Bank president Jim Yong Kim heads for Côte d’Ivoire and South Africa this week on his first official visit outside the US since taking up his new position in July. “Africa is truly taking off, and I look forward to hearing directly from governments and people on the continent on how the Bank […]

Africa: 50 Cent Makes Appeal to Young African Entrepreneurs

By Laura Walubengo     Rapper 50 Cent is looking for business partners from Africa, Kenya included, to be the sole distributors of his energy drink SK in their respective countries. SK, which stands for Street King, is an energy drink developed by the musician and businessman to not only provide a body boost, but […]

Africa: Beekeeping Fosters Economic Recovery in Darfur

South Darfur is known as a troubled region, beset by years of conflict, poverty and human suffering. Yet the Honey Value Chain Project – part of the United Nations Development Programme’s (UNDP) early recovery activities in Darfur – is bringing hope and economic opportunity to this distressed state in Sudan. The project – implemented in […]

Africa: A Blessing in the Coming Africa Cement King

TANZANIA Investment Centre (TIC) officials visited the area where a renowned investor and billionaire in Africa, Alhaji Aliko Dangote is building a cement plant in Southern part region of Mtwara. Apart from presenting what he gathered during interviews, correspondent Moses Ferdinand, who was present during the tour, also explains the meaning of such huge investment […]

Africa: Experts Seek Special Funding for Africa’s Shipping, Oil Industry

A CALL has been made for the establishment of a specialized pan African financial institution, dedicated to infrastructure and skills development in the continent’s maritime, as well as the oil and gas sectors. Various speakers at the recently held 2nd Africa Shipping and Oil Roundtable in Ghana’s capital city of Accra, described as unacceptable the […]

Africa: First Ex-Im Bank-Supported 787 Aircraft Delivered to Ethiopian Airlines

press release   Washington, D.C. — The delivery of the first Export-Import Bank of the United States-supported Boeing 787 Dreamliner to Ethiopian Airlines was celebrated at a ribbon-cutting ceremony in the main terminal of Washington Dulles International Airport here today. Earlier in May, the Bank approved a loan guarantee of more than $1 billion to […]

Africa – Global Pirates Vs. Tax Justice

A new report from the Tax Justice Network estimates that the global super-rich have at least $21 trillion in secret tax havens, the equivalent of the United States and Japanese economies combined. While these estimates presumably include funds such as those held by Mitt Romney in “offshore” accounts in the Cayman Islands, they also include […]

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