Bakhresa Group and Verde Hotels to build Zanzibar’s Greenest Hotel
The Tanzanian based Bakhresa Group has appointed Verde Hotels from South Africa to develop and manage the total overhaul and upgrading of the old Mtoni Marine Hotel in Zanzibar, 2km from Stone Town. The brand new five star property will be known as Hotel Verde, Zanzibar’s greenest hotel. “ We are serious about being the […]
Privinvest Comments on Mozambique Maritime Contracts
Privinvest has noted recent inaccurate comments in the media with regards to maritime programs executed by Privinvest for entities owned by the Government of Mozambique. These programs were deemed by Mozambique as necessary to build a local industry to contribute to the economic development of the country and in order to establish sovereignty over its […]
Strong GDP growth in Africa has masked disappointing productivity: Productivity growth falls to 1.7%
The report notes that from 2000 to 2015, the average GDP growth across the continent was 4.8% per annum, a full 2.3 percentage points faster than the global average during the 1990s. This is only marginally slower than the ASEAN region, which grew by an average 5.6% per annum and around 0.2 percentage points faster […]
First Anniversary for the Vallourec Office in South Africa
Vallourec, world leader in premium tubular solutions, is celebrating the first anniversary of its sales office in South Africa. The objective of this new office in Johannesburg is to be geographically closer to key African markets, especially South Africa and Mozambique, and to strengthen the Group’s presence for its customers and prospective clients (local operators, […]
IMF Team Arrives in Mozambique, Maputo
A technical mission from the International Monetary Fund (IMF) arrived in Maputo on Thursday to assess the macro-economic impact of the huge, government guaranteed loans which the previous government, led by President Armando Guebuza, had kept secret both from the Mozambican public and from the country’s international partners. The two undisclosed loans, for the security-linked […]
Professor Frank Stangenberg-Haverkamp receives the “African Alliances HE for SHE” Award for Women Empowerment to recognize “Merck More than a Mother Campaign”
During the 11th African Congress for Women Entrepreneurs, Professor Frank Stangenberg-Haverkamp, Chairman of Executive Board and Family Board of E. Merck KGaA received the “African Alliances He for She Award” for Women Empowerment. This was in recognition of Merck’s efforts to empower women in the field of research and healthcare through the Merck Capacity Advancement […]
Ecobank Group Appoints Amin Manekia as Group Exec, Corporate & Investment Banking
Ecobank Transnational Incorporated, parent company of the Ecobank Group, today announced the appointment of Mr Amin Manekia as Group Executive of its Corporate & Investment Banking business. Mr Manekia steps into the position vacated in late 2015 by Mr Charles Kié, who moved to become Managing Director of Ecobank Nigeria. A national of Pakistan, Amin […]
How the Fashion Industry Could be Africa’s Defining Story
The story behind Africa’s fashion goes beyond the continent’s culture, traditions and intricate patterns of its garments. The next big thing is the potential of fashion to drive Africa’s future and provide solutions to the rising youth unemployment and slow economic growth as a result of falling prices of commodities. The global fashion industry is […]
SAP: Africa Code Week 2016 – S’attaquer à la fracture numérique sur le continent Africain
SAP s’engage à former cette année plus de 150 000 jeunes dans 30 pays africains pour favoriser l’alphabétisation numérique et ainsi offrir aux jeunes générations du continent des compétences numériques pour améliorer leur employabilité. Africa Code Week 2016 se déroulera du 15 au 23 octobre 2016, avec des milliers d’ateliers de programmation gratuits et des […]
African Countries Discuss Proper Ways to Support Migrants
There should be relevant mechanisms for the protection of migrants in countries in crisis, officials said yesterday. The remarks were made during a consultative meeting on migrants in crisis in Eastern and Southern Africa, in Bugesera District. Bayani V. Mangibin, Ambassador of Philippine to East Africa, based in Kenya, who spoke on behalf of Migrants […]
