Tag Archives | telecommunications
As one of the most politically stable countries in Africa, it’s not surprising that Zambia is stepping forward as a worthy contender for potential investors looking to enter and/or expand operations on the continent.
In the recently held summit in Washington with African leaders, U.S. President Barack Obama emphasised how the relationship between America and Africa is evolving.
IHS Holding, a telecommunications infrastructure company, buys and manages the cell towers of mobile network operators. The company said last week it had raised a further $130m which will be used to accelerate its plans for expansion into new and existing markets.
Africa Brief: Nigerian bourse targets 500 IPOs, Sage Africa Expands with office in Nigeria and more …
An Investment announced by the Renault-Nissan alliance and west African conglomerate Stallion Group to jointly launch vehicle assembly in Nigeria is not something the South African government fears but welcomes, according to Trade and Industry Minister Rob Davies.
Africa is a resource-rich economy as is reflected in its trade relationship with China, a region which is not as rich in natural resources. With almost 80% of Africa’s exports to China coming from just 4 natural resource commodities, a large portion of the continent’s GDP growth has been driven by demand from Chinese investors.
When it comes to telecommunications, Africa is a continent of great opportunity. With at least 500 million potential mobile subscribers, it presents a massive consumer market when compared with the slowdown in subscriber growth in the rest of the world. With only a 55% penetration mobile penetration rate across 22 African markets, due to factors such as cost, interest by foreign investors in this market continues to grow at a steady pace.
Building a strong foundation for Africa – business continuity management & infrastructure resilience
Nowhere is infrastructure resilience more important than in Africa. As the continent once considered ‘dark’ emerges into a brilliant new era of growth and stability, much of her success will depend on the quality and resilience of infrastructure.
Zimbabwe’s state airline has been granted permission to resume flying to Intercontinental destinations. On Friday, Air Zimbabwe announced that the world aviation body had finalized the safety audit on replacement aircraft and new services. The airline was grounded last year because of pilot strikes and debt.
At the end of two days of wide-ranging analysis of various issues facing Africa today, delegates of the World Economic Forum will gather for a final session aptly titled “Facing Africa’s Future”. In the course of chairing the discussion amongst a diverse panel of contributors, Chairman Eric Kacou (co-founder of Entrepreneurial Solutions Partners in the USA) will seek to crystallize the way forward for Africa – at least as far as it has been articulated at the Forum.
Investment in Africa, and developing the perception of Africa as a promising investment destination, is key to the continued growth, development and success of the region …
In this edition of Invest Africa, the focus is on the East African country of Kenya. The panel identifies key challenges and opportunities when it comes to investing in the country.
Kenya is regarded a regional hub for trade and finance in East Africa and many large corporations have the Africa headquarters in Nairobi. Continued economic and political transformations are essential in order for Kenya to maintain this status. Kenya boasts advanced markets and high market adoption rates. Technological advances are significant — fast adoption of applications. Increased interaction with customers and stakeholders through social media — revolution on its own, social media cannot be ignored.
The April 2012 World Economic Outlook report published by the International Monetary Fund presented a sturdy but cautiously optimistic future for the various African economies. Sub-Saharan Africa particularly recorded a strong 5 percent growth in 2011 and was one of the regions least affected by the global financial crisis. With the exception of South Africa, limited financial ties to Europe helped shield the region from the financial havoc that tore through Western economies in late 2011.
Direct payment at point of use is the least-optimal way of financing healthcare, as in poor countries in particular, dramatic and expensive ailments can push the poor into bankruptcy, or else high costs can dissuade people from seeking desperately needed medical care. So, according to the WHO, two years after Burundi introduced user fees for healthcare in 2002, four out of five patients in that country were either in debt or had sold assets to pay for healthcare.
It is routine for more than 2% of the population of low-income countries to suffer ‘financial catastrophe’– defined as having to spend over 40% of income after food – because of healthcare costs. In the estimation of the WHO, reliance on direct payments has to fall to at most 20% of total health expenditures to bring the incidence of financial catastrophe down to negligible levels.