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Post tags: Africa, Growth, Kenya, Nairobi, Society and Culture, Trends

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What does it mean for the mid-size companies in Ivory Coast , the start-ups in Kenya & Nigeria, the corporation in South Africa and even state-owned companies  operating in Africa ?
It means that a well educated unemployed or underemployed work force[ coming out of institutions such as University of Arba Minch] is waiting for audacious Human resource managers from companies [operating in well to do African economies] to hire and put them to good use.
Knowledge-based products and services producing companies have for major cost their labor and not equipment,inventory or commodities. A cheaper knowledge work force is the ultimate goal to reach as far as the HR & accounting department are concerned.
If I was the Head manager of a company[ I am now but ..], I would seek to see how to benefit from the well trained and cheap labor living just an Ethiopian Airlinesflight away.

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Post tags: Africa, Business and Economy, Company, Cote d'Ivoire, Economy, Growth, Human resources, Investment, Kenya, Labour economics, South Africa, Trends, unemployment, Youth

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“The loan books are 80-85 percent commercial, versus 10-15 percent on the retail side…the only place where banks will actually maintain a good net interest margin and make good money is with the consumer.”

Some facts: Ghana home loans increased from $2.4m in 2002 to $44.1m in June 2008

Kenya, Ghana and Nigeria are all setting up a regulatory framework for the establishment and management of credit bureaux

Source:TIA

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• African Board (omegascorpi.com)

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Post tags: Africa, Botswana, Business and Economy, Economy, Ghana, Government, Growth, Investment, Kenya, Nigeria, Real estate, Real Estate Investment, Real estate opportunities, Tanzania, Uganda, Zimbabwe

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-ZAIN Kenya said it expects more subscribers to use its data services owing to reduced costs.Read more

The chief executive officers of Intercontinental Bank Plc, Mr. Erastus Akingbola; Sebastine Adigwe of AfriBankPlc; Okey Nwosu of Finbank Plc; Mrs Cecilia Ibru of Oceanic Bank Plc and Barth Ebong of Union Bank Plc were asked to step down from their respective position and are being replaced.Read more

The city of Kigali is gearing up for the public offer of city bonds amounting to Rwf300 billion ($526.3 million), to be raised in eight years, with annual coupon interest between 11% and 12%.Read more

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• The truth about mobile banking in Africa (guardian.co.uk)
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Post tags: Africa, business, Chief executive officer, Financial Services, Growth, India, Initial public offering, Investment, Kenya, Kigali, Safaricom, Trends, UBA, Zain

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BarCamp Swaziland is a one day event to provide a platform for technology practitioners in Swaziland to share and learn in an open environment.

BarCamps represent a fast-growing format for organizing highly productive meetings that focuses on high-quality content, active participation by all, and a strong focus on sustainability and collaboration.

Site:Barcamp Swaziland

On Facebook:Page

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Post tags: 27 months, Africa, African tech Events, Barcamp, Business and Economy, Conference, Genius, Government, Growth, Guides and Directories, new Africa, Society and Culture, Swaziland, Technology, unconference, WhiteAfrica

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At a time when media companies globally are struggling to stay afloat due to high operating costs and declining revenues, Kenya’s Nation Media Group’s (NMG) digital division grew its profits (not revenues) by 12%.

The growth was attributed to a content management system, the launch of several web sites, and the initiation of e-newspapers for the group’s print titles.

Source

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Post tags: Consultants, Content Management, Content management system, Difgital Gap, Digital Earnings, E-newspaper, Growth, Internet and Africa, Kenya, Mass media, Nairobi, Nation Media Group, Newspaper industry in Africa, NMG, On the Web, Open Source, Profits, Site Management, Website, Websites

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Justin Yifu Lin, Senior Vice-President and Chief Economist, World Bank, Washington DC
Trevor Manuel, Minister of Finance of South Africa
Stephen S. Roach, Chairman, Asia, Morgan Stanley, Hong Kong SAR
Ferit F. Sahenk, Chairman, Dogus Group, Turkey; Young Global Leader
Heizo Takenaka, Director, Global Security Research Institute, Keio University, Japan; Member of the Foundation Board of the World Economic Forum; Co-Chair, Global Agenda Council on the Future of Japan, examine the new fundamentals of the global economy that will emerge in 2009.

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Post tags: Africa and the Financial crisis, China presence, Davos, Financial Crisis, Greve en france, Growth, illuminati, japan Recession, New Economic Era, new world order, PSFK and Economy, Solutions, Strike in France, UK Recession, Video, World Bank, world Economic forum

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BarcampGhana 2008 will be held in Accra, Ghana on December 22nd 2008. This event will bring people interested in Ghana, on a variety of levels and topics, together in one place for a day of exploration, connection and enjoyment.

• It will be a gathering of the most innovative minds in business, science and technology in Ghana
• Hear industry leading Ghanaians speakers talk about their experiences
• Meet and interact with like minded people in a fun and interactive environment
• Discuss Ghana’s role in the global village

Website: http://www.barcampghana.org/

Topics of discussion:

-opportunities in open source

-Mobile Payments

-African communication infrastructure

-Ghana 3.0

-Green technology and Biofuels

-Social media

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Post tags: Accra, African Communication, Barcamp, Barcamp Ghana, business, Creative minds, Ghana, Ghana 3.0, Ghana future, Global village, Growth, Innovation, Minds, People, Science, Social Media, Technology, Technology gap, Web and technology

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Post tags: Africa, Aid, Chad, Congo, Famine, Growth, Middle class, Nigeria, obam, Politics, progress, Rebirth, Renaissance, Rwanda, Savage, War

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Cote d’ivoire telecom provides fixed line telecommunication in the ivorian market.They do not have a direct competitor yet.

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Post tags: Africa, Cote d'Ivoire, Cote d'ivoire telecom, Growth, Investment, Ivory Coast, market size, Potential, Telecommunication

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