Aug 192014
 
Standard Bank report confirms strong growth in Africa's rising middle class – and even faster future growth

JOHANNESBURG, South-Africa, August 19, 2014/African Press Organization (APO)/ — Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank (http://www.standardbank.com). Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/standardbank.png Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1310 (Standard Bank senior political economist Simon Freemantle) The report, entitled ‘Understanding Africa’s middle class,’ found there are 15 million middle-class [...]

Aug 182014
 
Nigerians Are Selling Unused Items Worth USD 526 million on MoboFree.com

LAGOS, Nigeria, August 18, 2014/African Press Organization (APO)/ — MoboFree.com (http://www.mobofree.com), the leading African social marketplace, today announced that the total volume of items currently for sale in its marketplace is worth USD 526 million and is expected to reach USD 1.5 billion by 2015. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/mobofree.png Screenshot: http://www.photos.apo-opa.com/index.php?level=picture&id=1309 Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1308 (MoboFree CEO and co-founder [...]

Aug 182014
 

MAPUTO, Mozambique, August 18, 2014/African Press Organization (APO)/ — Movitel, a joint venture between Vietnam’s telecommunication Viettel Group and Mozambique’s SPI, has won the Mobile Innovations Awards for enterprises in the Europe, Middle East and Africa (EMEA) region. This is the third consecutive year in a row that Movitel has been selected for the coveted [...]

Aug 142014
 
Africa: New report raises concerns about the pace of reform and possible implications for security in Kenya

LONDON, United-Kingdom, August 14, 2014/African Press Organization (APO)/ — The latest report from Think Security Africa (TSA) (http://www.thinksecurityafrica.org): National Security Profile on the Republic of Kenya, raises concerns about the pace of reform in Kenya, and the need to ensure that existing security challenges do not negatively interact with changes in Kenya’s new political and [...]

Aug 142014
 
Africa: Growth is on the horizon but where should you look?

CAPE-TOWN, South-Africa, August 14, 2014/African Press Organization (APO)/ — CEOs around the world are increasingly recognising the untapped potential of sub-Saharan Africa. This is driven by Africa’s unparalleled demographic edge or demographic dividend. By 2040, Africa is expected to have the biggest labour force in the world and experiencing faster economic growth than any other [...]

Aug 142014
 
Louis Berger to Oversee Yaoundé-Douala Highway Segment Construction in Cameroon

YAOUNDE, Cameroon, August 14, 2014/African Press Organization (APO)/ — Louis Berger (http://www.louisberger.com), a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. The total construction value of the project is almost €7million. Logo: [...]

Aug 142014
 
African businesses continue to reap benefits of US-Africa trade agreement, says DHL

JOHANNESBURG, South-Africa, August 14, 2014/African Press Organization (APO)/ — The trade relationship between the United States and Africa, as well as the African Growth and Opportunity Act (AGOA) – which provides exporters duty-free access to the lucrative US market, was recently put under the microscope at the 2014 US – Sub Saharan Africa Trade and [...]

Aug 132014
 
51 countries, 60 direct reports, 4,000 employees: Meet the MD leading it all

CAPE-TOWN, South-Africa, August 13, 2014/African Press Organization (APO)/ — DHL Express, who has been in sub-Saharan Africa for more than 36 years, is the ‘Most International Company in the World’ and has a significant operation in Africa, moving thousands of shipments every day. Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1116 (Charles Brewer, managing director for sub-Saharan Africa at DHL Express) [...]

Aug 122014
 
Local ideas shaping national health agendas to reduce child deaths in developing countries

LONDON, United-Kingdom, August 12, 2014/African Press Organization (APO)/ — GSK (http://www.gsk.com) and Save the Children continue to call for applications for their 2014 $1 million Healthcare Innovation Award, as previous winners attract interest and support from national governments to help improve survival rates of newborns and children under five in developing countries. Logo GSK: http://www.photos.apo-opa.com/plog-content/images/apo/logos/glaxosmithkline.jpg [...]

Aug 122014
 
Mozambique: New Eye Clinic To Serve Two Million

MAPUTO, Mozambique, August 12, 2014/African Press Organization (APO)/ — A few days ago the Central Hospital in Beira, Mozambique, saw the groundbreaking ceremony for the new Invicta Eye Clinic, which will serve as eye-care hub for two million people. “Healthcare is a key factor in socio-economic development. Today’s ceremony brings us a step closer to [...]

Aug 122014
 
Swala Oil and Gas (Tanzania) Plc Debut on the Dar es Salaam Stock Exchange

DAR ES SALAAM, Tanzania, August 12, 2014/African Press Organization (APO)/ — Swala Oil & Gas (Tanzania) Plc (“Swala” or “the Company”) (http://www.swala-energy.co.tz) today listed on the Dar es Salaam Stock Exchange (“DSE”) becoming the first public owned Oil and Gas Company in East Africa. The company is the 20th to list on the DSE and [...]

Aug 112014
 

Electric bugs used to detect water pollution Scientists from Bath have developed a low-cost device that could be used in developing countries to monitor the quality of drinking water in real time without costly lab equipment. Current methods of detecting pollutants in water are costly, time-consuming and require specialist technical expertise. However researchers from the [...]