Truck Crash Kills 47, Including Newlyweds in Madagascar
At least 47 people, including 10 children and a newly-wed couple, have been killed in a traffic accident north of Madagascar’s capital, Antananarivo, according to police. The incident took place early on Saturday when a truck carrying wedding guests deviated off the road and plunged into a river outside the town of Anjozorobe. Police spokesperson […]
DHL Express recognized as Top Employer in Africa for the third consecutive year
DHL Express (www.DPDHL.com), the world’s leading international express services provider, has been certified as a Top Employer in Africa by the Top Employers Institute at the prestigious Top Employer 2017 ceremony on Thursday 13 October at the Sandton Convention Centre. The company was certified as a Top Employer in twelve markets, including Angola, Botswana, Ethiopia, […]
DHL Enters Strategic Partnership with Ambatovyin Madagascar
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group , has entered into an initial three-year Global Freight Forwarding agreement with Ambatovy, a joint venture between Sherritt International Corporation, Sumitomo Corporation and Korea Resources Corporation. This agreement was secured and will be managed by the division’s Industrial Projects team which […]
Drought-prone Southern Madagascar is facing yet another food emergency this year
Drought-prone southern Madagascar is facing yet another food emergency this year. An unusually strong El Niño season means the rains have failed once more. Prices in local markets have skyrocketed, leaving more than 665,000 people in urgent need of food aid. This giant Indian Ocean island is one of the most vulnerable countries in the […]
Three African Renewable Energy Projects Announced as Winners of the US$7million Access Co-Development Facility Prize
Access Power (“Access”), a developer, owner and operator of renewable power projects in emerging markets, is delighted to announce the winners of the 2016 US$7 million Access Co-Development Facility (ACF), a financial support mechanism for renewable energy projects in Africa. Three projects from Nigeria, Madagascar, and Sierra Leone, fought off fierce competition from almost 100 […]
COMESA and Microsoft collaborate to promote access, skills and innovation in 19 African Countries
The Common Market for Eastern and Southern Africa (COMESA) through the COMESA Business Council (CBC) and Microsoft (Nasdaq “MSFT”) have taken a step toward strengthening their working alliance today by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and […]
UN Agencies Warn of Deteriorating Food Security in Southern Madagascar
Leading food agencies of the United Nations warned that 46 per cent of the population from eight regions of Madagascar, comprising of 1.9 million people are food insecure, including 450,000 people who face chronic food insecurity. The UN agencies also announced deliverance of a number of programmes in the country with an aim to eliminate […]
Standard Bank Opens An Office In Ethiopia
Standard Bank Group has expanded its already extensive East African footprint with the official opening of a representative office in Ethiopia. This means that Standard Bank, which is Africa’s largest bank by assets, has a continent-wide footprint in 20 African countries. The representative office, which is based in Addis Ababa, was opened by Standard Bank […]
Why Some African Leaders Cling To Power, Whilst Others Walk Away
Following a weekend of elections on the African Continent, analysts are drawing parallels between Congo-Brazzaville and Tanzania even before results are announced. One leader is accused of tampering with the constitution to extend his grip on power, whilst the other has been credited with respecting presidential term limits. In one corner, you see a political […]
Africa Finance Corporation Completes Corporate Restructuring With The Appointment Of Sanjeev Gupta
In January, 2015 AFC implemented a new organisational structure. The purpose of this re-organisation was to increase the Corporation’s client responsiveness by creating sector clusters, that would each be responsible for delivering all of AFC’s products to clients within those sectors, simplifying the Corporation’s structure and increasing responsiveness. In achieving these objectives, a number of […]
