in Business Opportunity
President Zuma declare’s Africa is Open for Business to world leaders at G20 Meeting
Addressing the G20 business leaders in Toronto yesterday on the eve of the G8 and G20 Summits, Zuma said Africa can no longer be viewed only as a destination for development aid.
He said together with the developed world, there must be ways to promote stronger and more effective international partnerships for growth and development.
Zuma says [...]
June 30, 2010 | By Staff Writer | 
| 0 Recommendations
in Trade
5 East African Economies Merge to Create One of Africa’s Largest Trading Blocks
It’s Official! East Africa officially opens its borders to become one of Africa’s largest trading blocs, today.
The East African Community (EAC) trading bloc will create a market of close to 130 million people and a combined GDP of 80 billion dollars, making it one of the largest trading blocs in Africa.
However , even though July [...]
June 30, 2010 | By Staff Writer | | 0 Recommendations
in Oil and Gas
Nigeria Clamps Down on Exxon Mobil
On the heals of the most disastrous oil spill in history off the shores of the American Gulf Coast, Nigerian Officials met with Executives from American Oil Giant, Exxon Mobil on Tuesday and put them on notice.
The officials are unhappy with the company’s attempt to clean up a recent spill of about 300 barrels of [...]
June 16, 2010 | By Staff Writer | | 1 Recommendations
in Business Opportunity
Africa Business Conference and Trade Fair
This month’s Africa Business Conference and Trade Fair in Baltimore, Maryland will bring together over a hundred dynamic small business owners and entrepreneurs, from the United States and Africa, looking for new opportunities and business relationships in Africa.
The global impact of the economic downturn has sparked the need for new ways to network and do [...]
June 4, 2010 | By Staff Writer | | 0 Recommendations
in Government, Industry News
World Bank Releases Bi-Annual Kenya Economic Update
Kenya’s economy is recovering steadily and is forecast to grow at 4.0 percent in 2010, according to the Kenya Economic Update, a biannual report that can be accessed on the World Bank Kenya website. The East African country even has the potential to improve further to 4.9 percent in 2011, if no shocks occur.
[...]
June 4, 2010 | By Staff Writer | 2 | 0 Recommendations
in Industry News
Africa’s Business Community Turning Green?
The Green Business Africa Summit kicked off yesterday in Nairobi, Kenya. It’s Africa’s first major attempt to marry environmentally conscious ideas with traditional business concepts.
The three-day event dubbed GBASE 2010, will bring stakeholders, policy makers and business leaders from all over the world for discussions on shaping the future of sustainable business on the [...]
June 2, 2010 | By Staff Writer | | 0 Recommendations
in Experts, News & Commentary, Technology
Why Are African Internet Access Prices Still High?
It’s been about 12 months since Africa was the only continent without submarine fiber telecommunication links to the rest of the world on all of its coasts. The east coast did not have any fiber links while the west coast had only one fiber link, the (in)famous SAT3 cable. There were a couple of fiber links in [...]
April 1, 2010 | By Alex Twinomugisha | 3 | 1 Recommendations
in Industry News, News & Commentary
African Businesses Hope to see Boost from Internet Advances
The Internet Corporation for Assigned Names and Numbers (ICANN) has decided to expand their offering of domain space name options. Currently, the primary endings for web addresses include “.com”, “.net”, “.org”, and “.biz”. The number of offerings will soon increase, however, affording customers the opportunity to choose from more than 20 different types of domain [...]
March 28, 2010 | By Staff Writer | | 0 Recommendations
in Media, News & Commentary
CNN International Launches ‘CNN Marketplace Africa’
CNN International will launch a new program offering a unique window into the dynamics of African business both on and off the continent. ‘CNN Marketplace Africa’ sits down each week with the major players changing the face of African enterprise and revolutionizing the commercial landscape. Hosted by Robyn Curnow, CNN’s South African correspondent, ‘CNN Marketplace [...]
March 22, 2010 | By Staff Writer | | 1 Recommendations
in Industry News
The United States and Zambia Sign an Open-Skies Aviation Agreement
U.S. Secretary of Transportation Ray LaHood today announced that the United States and Zambia have signed an Open-Skies aviation agreement, liberalizing U.S.-Zambia air services for the carriers of both countries. The agreement, the first aviation accord between the two countries, was reached after discussions between the U.S. Embassy in Lusaka and the Zambian government.
Zambia [...]
March 21, 2010 | By Staff Writer | 1 | 0 Recommendations
