Chinese Yuan to Become Reserve Currency of Lesotho?
LESOTHO is among 14 eastern and southern African countries that are considering the adoption of the Chinese yuan as a reserve currency to facilitate the repayment of loans being advanced by the Asian economic giant for infrastructural developments. A team of Central Bank of Lesotho (CBL) officials recently joined their eastern and southern African counterparts […]
iflix and NBCUniversal team up to offer iflix users a huge slate of everyone’s favourite TV shows and movies
iflix (www.iflix.com), the world’s leading Internet TV service for emerging markets, offering subscribers unlimited access to thousands of TV shows, movies and more, today announced it has entered into major multi-year content licensing agreement with NBCUniversal (NBCU) to add a huge selection of the studio’s most popular and critically acclaimed titles to iflix’s extensive library. […]
DHL and MallforAfrica team up to further cross-border e-commerce to the United States
DHL Express, the world’s leading international express services provider recently announced its partnership with MallforAfrica, the award-winning global e-commerce company, which will facilitate selling of made-in-Africa products to customers in the United States. Businesses can do so via the eBay platform powered by MallforAfrica. Through this partnership, DHL locations will serve as drop-off points for […]
Lack of Infrastructure in Developing Countries Drives Demand for Mixed-Use Developments
In some parts of West Africa, particularly Nigeria and Ghana, the lack of infrastructure is a huge driver of demand for mixed-use developments. The last few years have seen an increase in interest in mixed-use development schemes which comprise some or all of retail, residential, offices as well as hotel and conference facilities. These types […]
Merck Foundation supports the training of Twenty Future Oncologists in Africa
Merck Foundation started the second stage of their Africa Oncology Fellowship Program that started in 2016 with the aim to increase the limited number of oncologists in Africa. Dr. Rasha Kelej, CEO of Merck Foundation emphasized “One of the main objectives of Merck Foundation is to build a strong platform of qualified medical, paediatric and […]
Novartis Access and government of Cameroon sign memorandum of understanding to fight chronic diseases
We are pleased to announce that Novartis and the Ministry of Public Health of Cameroon have signed a Memorandum of Understanding to implement Novartis Access in Cameroon. The collaboration also includes capacity-building activities with the Cameroon Baptist Convention Health Services (CBCHS) on community awareness. Initially, Novartis Access medicines will be made available through CBCHS hospitals […]
User experience takes centre stage in Africa’s entertainment and media industry
Amid shifting consumer preferences, rapid advances in technology and ongoing disruption to business models, the new strategic imperative for entertainment and media (E&M) companies is to turn customers into fans – by innovating to create the most compelling, engaging, and intuitive user experiences. Significant shifts are underway in how Africa’s E&M companies compete and generate […]
The emerging markets set for faster growth in revenue than developed countries in hospitality sector
The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the world’s leading hotel developers. Pietro Calicchio, Hospitality […]
Kenya’s Security Minister Joseph Nkaissery Dies
Interior Cabinet Secretary Joseph Nkaissery is dead. The CS died at Karen Hospital on Saturday morning after being admitted for check up, according to State House. “It is with deep sorrow and shock that we announce the sudden passing on of Interior CS Retired General Joseph Nkaissery,” said Joseph Kinyua, the Chief of Staff and […]
Asia’s Richest Person, Alibaba Founder Jack Ma to Visit Kenya
On his first ever visit to Africa, Jack Ma founder of Alibaba Group and UNCTAD special adviser on youth entrepreneurship, will be in Nairobi on 19th July. The purpose of his visit is to raise awareness about the sustainable development goals. Together with the UNCTAD secretary general, Dr.Mukhisa Kituyi, they will also meet up with […]
