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iHub Gives Kenya a Boost in Race for ‘Africa’s Silicon Alley’ Title
Ask any Africa Investment Professional which industries have the potential to accelerate Africa’s growth into middle class economies and you’ll hear Information Communications Technologies (ICT), across the board. The industry not only has a seemingly endless shelf life, but it has great potential to create middle class jobs, spur foreign investment, and improve the quality [...]
Africa ICT Trends and Countries to Watch in 2010
It’s that time of the year when any expert worth their salt makes some predictions for the New Year. I too couldn’t resist a peek into my crystal ball and here I share what I believe will be the major ICT trends and some of the countries to watch this year. In general, 2010 promises [...]
M-commerce and its Impact on Africa
Until very recently, most Africans did not have access to credit or debit cards let alone ones that were internationally recognized. I recall when credit cards were introduced to East Africa in the early 2000’s, it was a battle to secure one. The bank required that you make a hefty deposit and sign all manner [...]
Ghana-The Latest Front in the Scramble for Africa’s Oil
China is accelerating its efforts to secure access to more of Africa’s oil by teaming its China National Offshore Oil Corp. (NYSE ADR: CEO) with the Ghana National Petroleum Corp. (GNPC) in an effort to bid for a stake in Ghana’s deep sea oil discovery off the West African coast.
The announcement was a surprise on [...]
Obama’s Seeds for African Agriculture
The United States, several West African nations and other developing countries are locked in a stalemate over US cotton subsidies preventing the completion of the Doha Round of global trade negotiations. 6.8 billion people await the passage of this accord and the confidence it will provide to jittery markets and economies in crisis.
Collectively, American [...]
President Obama Speaks to Africa
On Saturday, the President capped his three nation tour with a speech clearly directed at all of Africa. The speech, delivered in Accra to Ghanian parliamentarians was well recieved accross the continent. In the speech, he laid out his vision for human rights and democracy in Africa’s future, and he described what America’s [...]
We’re getting a better sense into how the Obama Administration will manage the ‘Africa Portfolio’, as President Obama begins the first leg of a trip to Russia, Italy and Ghana, today.
According to the White House Press Secretary, Robert Gibbs, ‘The president caps the trip in Ghana, a West African country that has emerged as a [...]
New Alpha Refinery (Ghana) Ltd to Build Largest Oil Refinery in West Africa
New Alpha Refinery (Ghana) Ltd., A South African Company has been awarded a $6 billion contract to build the largest Oil Refinery in West Africa. The Refinery will be located in Accra Ghana.
Executive Chairman Merlyn Julie told Reuters the refinery would initially produce 200,000 barrels per day (bpd), with first production seen by 2015.
“We have [...]
Tech Entrepreneur Thrives in Ghana
Hermann Chinery-Hesse’s most recent venture will bring ecommerce to even the smallest, most remote rural African village.
A self-described “geek and gangster”, Chinery-Hesse already has an excellent track record. Often called the “Father of the African Software Industry”, in 1991 he co-founded theSOFTtribe - the largest and most successful software company on the African continent. At [...]
Estelle Akofio Sowah is a manager and businesswoman. She was born in Scotland to a Ghanaian father, Christopher Nii Nai Akofio-Sowah and Scottish a mother, Labrada Akofio-Sowah. They moved to Ghana when she was about six (6) months old where she grew up in Osu, Accra and attended Ghana International School (GIS). She left Ghana [...]
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