Editor’s note : What could be the repecursions of political turmoils, observed in Egypt and Tunisia, on the choices of 2012 tourists ? Will we see the emergence of Francophone countries such as Ivory Coast on the preferred destinations list of international tourists ?

Related articles

• Arise Magazine Fashion Week (businessdelamode.com)
• African News Innovation Challenge – $ 1 Million (startupafrica.com)

© tape for Africaincorp [Flagship], 2012. | Permalink | No comment | Add to del.icio.us
Post tags: Algeira, Angola, Botswana, Egypt, Ghana, Ivory Coast, Kenya, Mozambique, Rwanda, South Africa, Top African Destination, Tourism, Travel and Tourism, Tunisia, Uganda

Feed enhanced by Better Feed from Ozh

© tape for Africaincorp [Flagship], 2012. | Permalink | No comment | Add to del.icio.us
Post tags: Africa Fair Mobile Index, Cost Of Mobile Voice Services

Feed enhanced by Better Feed from Ozh

Related articles

• Meet Truspot, Africa’s Answer To Spotify (forbes.com)
• Q&A: Who is Africa’s Top Young Tech Entrepreneur? (joeforlove.wordpress.com)

© tape for Africaincorp [Flagship], 2012. | Permalink | No comment | Add to del.icio.us
Post tags: Business and Economy, Facebook, Forbes Africa, Kenya

Feed enhanced by Better Feed from Ozh

Airtel Uganda recently launched its mobile money platform ,Airtel Money. The service provides to the market convenient, affordable and innovative financial services through the mobile phone. The platform allows consumers to top up their phones with air time, send and receive money, pay their critical utility bills, access their bank accounts and withdraw Airtel money across all interswitch ATMs countrywide.|Source |

Nokia East Africa annouced a new warranty programme, covering Kenya, Uganda or Tanzania, that sees the combination of online, 24-hour care exchange and repair services to customers across East African borders.|Source |

Orange’s intent to increase its customer acquisition and retention by offering relevant and cost effective data services leads them to offer the following in Kenya:
Targets prepaid Mobile and Internet Everywhere 3G modem users
Access to unlimited daily, weekly and monthly bundles
The offer is the most affordable proposition in the data market.
|Source|
POST SPONSORED by TICBANK 2012

© tape for Africaincorp [Flagship], 2012. | Permalink | No comment | Add to del.icio.us
Post tags: Africa, Airtel Uganda, Bharti Airtel, Cairo, East Africa, Johannesburg, Kenya, MasterCard, Nairobi, Nokia East Africa, Tanzania, Ticbank Conference, Uganda

Feed enhanced by Better Feed from Ozh

Reflecting mainly strong demand but also elevated commodity prices, the region’s economy is set to expand by more than 5¼ percent in 2011.

Download the full report here.

IMF website

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: African economies, Economic projections, Frontier Market, IMF, SSA Africa growth forecast

Feed enhanced by Better Feed from Ozh

Editor’s note

Consumer spending in Africa is expected to roughly double by 2020 and give rise to a nascent middle class.Morocco,Ghana,Tunisia,Nigeria,Ivory Coast,Mozambique,Kenya ,Rwanda should among the economies experiencing such a trend.

In some other news ,Nigeria is thinking about the establishement of a sovereign wealth fund.

Related articles

• Investment ministry to create Diaspora fund, targets $18.6bn (vanguardngr.com)

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: africa middle class, Nigeria, Rwanda, Sovereign wealth fund

Feed enhanced by Better Feed from Ozh

Image via Wikipedia

Africa encompasses more countries (53) than Asia and offers significant economic diversity. The nations of Africa currently are at a range of stages of development, political maturation, and urbanization. Unlike China and the Four Tigers, Africa is a mosaic of industries driven by vastly different dynamics.

The same trend that leads to market turmoil in one African nation, such as food price increases in Egypt,can be a growth catalyst in resource-rich countries such as South Africa and Nigeria.

Interesting facts:There are 52 African cities with more than 1 million people (in comparison,there are 52 in Europe and 48 in North America).
Africa’s labor force will grow from 500 million to 1.1 billion, at which point it will exceed China’s and India’s.

Related articles

• China has taken over Africa ,now it is the turn of Australia – WHY KENYA AND THE ENTIRE AFRICAN CONTINENT SHOULD BE CAUTIOUS OF THE CHINESE INFLUX INTO AFRICA: (rajcairnsreport.wordpress.com)
• “Europe needs Africa. Who’d have thought it?” (loomnie.com)

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: Africa, African people, Business and Economy, China, Frontier Market, India, Investment opportunities, South Africa

Feed enhanced by Better Feed from Ozh

Cement prices in Kenya may fall as much as 10 percent this year because of increased competition, Business Daily reported, citing the heads of two domestic producers of the building material.[Africa Investor ]

A wave of Western investment in African cinema has focused on sustainability and long-term growth. The emphasis is on discovering fresh talent, increasing the visibility of emerging filmmakers, opening up networks for distribution and building bridges with African helmers.[Variety]

Carlyle,The US private equity group plans to raise $750m to invest in the continent that would be overseen by a team of three with a presence in Johannesburg, Zimbabwe and Nigeria [FT ]

Related articles

• Investment Strategy: Palm Oil & the Africa Connection (threetrap.wordpress.com)
• Nigeria to benefit from Carlyle’s $750m fund (vanguardngr.com)
• Repost:Banking Outlook Africa 2011 Conference (omegascorpi.com)

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: Africa, African Cinema, African film, Cameroon, Carlyse, Johannesburg, Kenya, Nigeria, Palm oil, Sime Darby, Zimbabwe

Feed enhanced by Better Feed from Ozh

Image via Wikipedia

While Kenya’s central bank raised interest rates for the second time earlier this year.The minister of planning forecasts the economy will expand by 4.2 percent this year, as improved infrastructure including investment in telecoms begin to bear fruit and that the spill-over effects of the ICT revolution are felt within the economy and the acceleration on south-south integration is palpable. [Source:Reuters Africa ]

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: African economies, business, Economic growth, Economic trends, Kenya, Macro Economics

Feed enhanced by Better Feed from Ozh

The total value of mobile money transfers in Africa will exceed US$200 billion in 2015.[ Source ]

Africa’s total stock market capitalization now exceeds $1 trillion [ Omegascorpi]

The Angolan Government will build from next October six multimedia libraries (computerized libraries and multimedia) in six provinces, in an initial investment estimated at USD 48 million. [ Source ]

A building materials and construction company, Kon-X Ltd., has introduced a new form of project finance to aid in reducing the high cost of building materials in Nigeria [ Source ]

The African Development Bank (ADB) has said it has received the Federal Capital Territory Administration’s request for a sum of $50 million to finance its proposed Bus Rapid Mass Transit (BRT). [ Source ]

Related articles

• Africa’s wealth and consumerism draws big brands (annansi.com)
• ACA-Africa Capital Alliance (omegascorpi.com)

© tape for Africaincorp [Flagship], 2011. | Permalink | No comment | Add to del.icio.us
Post tags: Africa, Bus rapid transit, Business and Economy, Federal Capital Territory Administration, Nigeria, Safaricom

Feed enhanced by Better Feed from Ozh