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Businessman Strive Masiyiwa now Zimbabwe’s first billionaire

Businessman Strive Masiyiwa now Zimbabwe’s first billionaire

Exiled Zimbabwean businessman Strive Masiyiwa, often described as Zimbabwe’s richest man, is now a billionaire for the first time, according to the latest Forbes rankings released today. His current net worth is estimated at $1.7 billion raking him 14th among Africa’s 23 billionaires. According to Forbes: Masiyiwa overcame protracted government opposition to launch mobile phone network Econet […]

Egypt looks to play a key role in driving regional integration in Africa

Egypt looks to play a key role in driving regional integration in Africa

The Africa 2017 Forum (www.BusinessForAfricaforum.com) wrapped up in the Egyptian resort city of Sharm el Sheikh with a clear message of intent from President Al Sisi to bring Africa closer together. President Abdel Fattah El Sisi hosted five African heads of state and top business leaders from across the continent. The Heads of State stressed […]

Rugby Africa unveils the 2018 Competition Schedule: 32 African countries, 10 competitions, more than 100 matches

Rugby Africa unveils the 2018 Competition Schedule: 32 African countries, 10 competitions, more than 100 matches

World Rugby (www.WorldRugby.org) Africa association, Rugby Africa (www.RugbyAfrique.com), today unveiled its 2018 Competition Schedule. The year promises to be particularly busy with 10 competitions totalling more than one hundred fifteen-a-side and sevens rugby matches and up to 32 participating countries. The 2018 African champion will automatically qualify for the 2019 World Cup in Japan (www.RugbyWorldCup.com), […]

Luambe National Park Now The World’s Most Carbon Neutral

Luambe National Park Now The World’s Most Carbon Neutral

Luambe National Park in Zambia has achieved a conservation milestone this week as it became the most carbon neutral National Park in the world. Luambe’s carbon neutral status is a result of the USAID-funded Community Forests Program (CFP) implemented by BioCarbon Partners (BCP) (http://BioCarbonPartners.com), in partnership with the Zambian Government. This world-first level of carbon […]

Without improving tax collection, East African countries will not be able to effectively finance the building of infrastructure and the provision of public services

Without improving tax collection, East African countries will not be able to effectively finance the building of infrastructure and the provision of public services

The Pay As You Earn (PAYE) tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending. That means businesses must ensure that their payrolls are fully compliant with the laws and regulations around collection […]

Top five business risks for West Africa

Top five business risks for West Africa

As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going security concerns are among the key risks for businesses operating in the region, says specialist global risk consultancy Control Risks (www.ControlRisks.com) in their annual political […]

Niger Rose Brilliantly to Meet the Challenge at the Renaissance Conference, Mobilising over 23 Billion Dollars to Fund the Country’s 2017-2021 Economic and Social Development Plan

Niger Rose Brilliantly to Meet the Challenge at the Renaissance Conference, Mobilising over 23 Billion Dollars to Fund the Country’s 2017-2021 Economic and Social Development Plan

Following 2 days of meetings in Paris with technical and financial partners, fund providers and investors, Niger can be proud of a considerable diplomatic and economic success. Resolved and persuasive under the guidance of its President Issoufou Mahamadou, the government of Niger successfully raised over 23 billion dollars to support the country’s efforts to finance […]

“Now is a time for action” affirms Kofi Annan in final Africa Progress Panel report

“Now is a time for action” affirms Kofi Annan in final Africa Progress Panel report

By 2050 more than one in four people on our planet will be African. Bold action is needed now to ensure that all of them have a fair chance of leading healthy, prosperous and fulfilling lives, urges the newest and final report from Kofi Annan’s Africa Progress Panel (APP) (www.AfricaProgressPanel.org). The report, “Making Progress Towards […]

Nadine Tinen appointed to lead the Sub-Saharan Francophone Africa region for PwC France and Francophone Africa

Nadine Tinen appointed to lead the Sub-Saharan Francophone Africa region for PwC France and Francophone Africa

Nadine Tinen has been named Regional Senior Partner of PwC Sub-Saharan Francophone Africa, thus also joining the Territory Leadership Team for PwC France & Francophone Africa. Appointed on 1 July 2017, she takes over from Edouard Messou. Nadine Tinen, 45, is a graduate of the University of Bourgogne (Dijon), where she earned a DESS postgraduate […]

TFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

TFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement with the aim of facilitating and financing exports amongst African countries and […]

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