Aug 252014
 

DAKAR, Senegal, August 25, 2014/African Press Organization (APO)/ — Only one weeks remain in the “Call for Entry” for the 2014 APO Media Award (#APOMediaAward) (http://www.apo-opa.com/apo-media-award.php).

The first-place winner will be presented with $500 a month for one year, one laptop and one intercontinental flight ticket to a destination of his or her choice as well as one year of access to over 600 airport VIP lounges worldwide.

The second-place winner will be awarded $300 a month for one year.

The third-place winner will receive $200 a month for one year.

APO logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/apo-african-press-organization-small.png

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=782 (Nicolas Pompigne-Mognard, Founder and CEO of APO (African Press Organization)

APO Media Award celebrates brilliant and inspiring stories about Africa. The subject matter may comprise a single topic or a variety of subjects, including – but not limited to – business, economy, technology, agriculture, health, energy, gender, logistics, tourism, motoring, aviation, not-for-profit issues, diplomacy, environment, mining, entertainment and more.

APO Media Award is open to African journalists and bloggers, whether directly employed or freelancers, working in the continent of Africa who have produced a story that has been broadcast or published in English, French, Portuguese or Arabic in the form of a printed publication, a television feature, a radio story, a website or a blog whose primary audience is based in Africa.

Stories must have been broadcast or published between January and August 2014.

Stories are judged on content, writing, analysis, creativity, human interest and community impact.

All stories must be submitted in electronic format:

a) Print: upload the scan(s) of the published article.

b) Radio: upload the SoundCloud link (SoundCloud is an online audio distribution platform that enables its users to upload and share sounds they have created themselves – https://soundcloud.com).

c) Website: upload the URL.

d) TV: upload the YouTube link.

TV material must first be uploaded to YouTube (www.youtube.com) and radio material to SoundCloud (www.soundcloud.com). If you are not a member of these sites, you will need to sign up in order to upload the video or radio material. Once you have obtained the link, you must enter it in this online entry form when inputting your story details.

Online Entry Form is available here: http://www.apo-opa.com/apo_media_award.php?L=E

The deadline for entries is 1 September 2014.

The finalists will be announced on 15 September 2014.

The winners will be announced on 29 September 2014.

Follow APO on Twitter: https://twitter.com/apo_source

Follow the hashtag: #APOMediaAward

Distributed by APO (African Press Organization).

Contact:

award@apo-opa.org

+41 22 534 96 97

About APO

APO (African Press Organization) (http://www.apo-opa.com) is the sole press release wire in Africa and the global leader in media relations relating to Africa.

With offices in Senegal, Switzerland, Dubai, Hong Kong, India and Seychelles, APO has a media database comprising over 50,000 contacts and is the main online community for news relating to Africa.

It offers a complete range of services, including press release distribution and monitoring, online press conferences, interactive webcasts, media interactions, strategic advice, public diplomacy, government relations and events promotion. To find out more, please visit http://www.apo-opa.com.

Follow us on Twitter: https://twitter.com/apo_source

Follow us on LinkedIn: http://www.linkedin.com/company/african-press-organization

Follow us on Facebook: https://www.facebook.com/africanpressorganization

Aug 252014
 

DAKAR, Senegal, August 25, 2014/African Press Organization (APO)/ — Only one weeks remain in the “Call for Entry” for the 2014 APO Media Award (#APOMediaAward) (http://www.apo-opa.com/apo-media-award.php).

The first-place winner will be presented with $500 a month for one year, one laptop and one intercontinental flight ticket to a destination of his or her choice as well as one year of access to over 600 airport VIP lounges worldwide.

The second-place winner will be awarded $300 a month for one year.

The third-place winner will receive $200 a month for one year.

APO logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/apo-african-press-organization-small.png

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=782 (Nicolas Pompigne-Mognard, Founder and CEO of APO (African Press Organization)

APO Media Award celebrates brilliant and inspiring stories about Africa. The subject matter may comprise a single topic or a variety of subjects, including – but not limited to – business, economy, technology, agriculture, health, energy, gender, logistics, tourism, motoring, aviation, not-for-profit issues, diplomacy, environment, mining, entertainment and more.

APO Media Award is open to African journalists and bloggers, whether directly employed or freelancers, working in the continent of Africa who have produced a story that has been broadcast or published in English, French, Portuguese or Arabic in the form of a printed publication, a television feature, a radio story, a website or a blog whose primary audience is based in Africa.

Stories must have been broadcast or published between January and August 2014.

Stories are judged on content, writing, analysis, creativity, human interest and community impact.

All stories must be submitted in electronic format:

a) Print: upload the scan(s) of the published article.

b) Radio: upload the SoundCloud link (SoundCloud is an online audio distribution platform that enables its users to upload and share sounds they have created themselves – https://soundcloud.com).

c) Website: upload the URL.

d) TV: upload the YouTube link.

TV material must first be uploaded to YouTube (www.youtube.com) and radio material to SoundCloud (www.soundcloud.com). If you are not a member of these sites, you will need to sign up in order to upload the video or radio material. Once you have obtained the link, you must enter it in this online entry form when inputting your story details.

Online Entry Form is available here: http://www.apo-opa.com/apo_media_award.php?L=E

The deadline for entries is 1 September 2014.

The finalists will be announced on 15 September 2014.

The winners will be announced on 29 September 2014.

Follow APO on Twitter: https://twitter.com/apo_source

Follow the hashtag: #APOMediaAward

Distributed by APO (African Press Organization).

Contact:

award@apo-opa.org

+41 22 534 96 97

About APO

APO (African Press Organization) (http://www.apo-opa.com) is the sole press release wire in Africa and the global leader in media relations relating to Africa.

With offices in Senegal, Switzerland, Dubai, Hong Kong, India and Seychelles, APO has a media database comprising over 50,000 contacts and is the main online community for news relating to Africa.

It offers a complete range of services, including press release distribution and monitoring, online press conferences, interactive webcasts, media interactions, strategic advice, public diplomacy, government relations and events promotion. To find out more, please visit http://www.apo-opa.com.

Follow us on Twitter: https://twitter.com/apo_source

Follow us on LinkedIn: http://www.linkedin.com/company/african-press-organization

Follow us on Facebook: https://www.facebook.com/africanpressorganization

Aug 252014
 

PRETORIA, South-Africa, August 25, 2014/African Press Organization (APO)/ — The 65th Annual UN DPI/NGO Conference, titled “2015 and Beyond: Our Action Agenda,” will be held at United Nations Headquarters in New York from Wednesday, 27 August to Friday, 29 August 2014.

Over 1700 representatives of civil society will convene from around the world to discuss key issues on the post-2015 development agenda, including climate change, poverty eradication, sustainability, human rights, and accountability frameworks and partnerships as crosscutting themes. The discussions aim to support the crafting of a transformational post-2015 development agenda, and positive outcomes of climate change negotiations in Lima and Paris in 2014 and 2015 respectively.

Co-hosted by the UN Department of Public Information (DPI) and the NGO/DPI Executive Committee, the Conference provides a unique opportunity for NGOs from around the world to come together to engage diplomats, UN officials, policy experts, scientists, educators, businesses, trade unions, parliamentarians, local authorities and others on the role of civil society in the new Global Partnership for Sustainable Development. Speakers include UN Secretary-General Mr. Ban Ki-moon via video message. The opening and closing sessions and roundtables will be webcast live on http://webtv.un.org/.

Invited by the UN to participate in the conference and to speak at the closing session is Ms. Nonhlanhla Mkhize, the Executive Director of the Durban Gay and Lesbian Community and Health Centre. Ms. Mkhize has active links in both the gender and human rights sector and plays a leading role in highlighting and advancing the rights of sexual minorities in South Africa. Ms. Mkhize is a counsellor, researcher and human rights defender who is also engaged in issues around climate change. Holding a Masters Degree in Anthropology from the University of KwaZulu-Natal, Ms. Mkhize has been a co-chair of Amnesty International South Africa, served as a board member of the Lesbian and Gay Equality Project in South Africa, and is an advisor to various youth groups in the country. She is also the lead author of a book titled The Country We Want to Live In: Hate crimes and homophobia in the lives of Black Lesbian South Africans (HSRC Press, 2010).

In line with previous Conferences, this 65th Conference will adopt an outcome declaration to offer a global civil society “Action Agenda” for the post-2015 sustainable development goals.

The 65th DPI/NGO Conference takes place less than a month prior to the 23 September 2014 Climate Summit convened by UN Secretary-General Ban Ki-moon, and the launch of intergovernmental negotiations at the 69th Session of the UN General Assembly.

The Conference is held at a critical time in the post-2015 process. As the international community strives to achieve the Millennium Development Goals while formulating the post-2015 development agenda including the Sustainable Development Goals (SDGs), 2015 is recognized to be a once-in-a-generation opportunity for transformational change.

The launch of the post-2015 agenda will culminate within months of each other in the second half of 2015, with the potential to shape the future of our peoples and our planet for the better. The purpose of this Conference is to harness the strategies, expertise and resources across the broadest spectrum of civil society to move poverty eradication, sustainability, human rights and climate justice into the mainstream discourse, and spark sustained public demand for lasting political action in support of an ambitious outcome from the post-2015 sustainable development process.

Aug 252014
 

PRETORIA, South-Africa, August 25, 2014/African Press Organization (APO)/ — The 65th Annual UN DPI/NGO Conference, titled “2015 and Beyond: Our Action Agenda,” will be held at United Nations Headquarters in New York from Wednesday, 27 August to Friday, 29 August 2014.

Over 1700 representatives of civil society will convene from around the world to discuss key issues on the post-2015 development agenda, including climate change, poverty eradication, sustainability, human rights, and accountability frameworks and partnerships as crosscutting themes. The discussions aim to support the crafting of a transformational post-2015 development agenda, and positive outcomes of climate change negotiations in Lima and Paris in 2014 and 2015 respectively.

Co-hosted by the UN Department of Public Information (DPI) and the NGO/DPI Executive Committee, the Conference provides a unique opportunity for NGOs from around the world to come together to engage diplomats, UN officials, policy experts, scientists, educators, businesses, trade unions, parliamentarians, local authorities and others on the role of civil society in the new Global Partnership for Sustainable Development. Speakers include UN Secretary-General Mr. Ban Ki-moon via video message. The opening and closing sessions and roundtables will be webcast live on http://webtv.un.org/.

Invited by the UN to participate in the conference and to speak at the closing session is Ms. Nonhlanhla Mkhize, the Executive Director of the Durban Gay and Lesbian Community and Health Centre. Ms. Mkhize has active links in both the gender and human rights sector and plays a leading role in highlighting and advancing the rights of sexual minorities in South Africa. Ms. Mkhize is a counsellor, researcher and human rights defender who is also engaged in issues around climate change. Holding a Masters Degree in Anthropology from the University of KwaZulu-Natal, Ms. Mkhize has been a co-chair of Amnesty International South Africa, served as a board member of the Lesbian and Gay Equality Project in South Africa, and is an advisor to various youth groups in the country. She is also the lead author of a book titled The Country We Want to Live In: Hate crimes and homophobia in the lives of Black Lesbian South Africans (HSRC Press, 2010).

In line with previous Conferences, this 65th Conference will adopt an outcome declaration to offer a global civil society “Action Agenda” for the post-2015 sustainable development goals.

The 65th DPI/NGO Conference takes place less than a month prior to the 23 September 2014 Climate Summit convened by UN Secretary-General Ban Ki-moon, and the launch of intergovernmental negotiations at the 69th Session of the UN General Assembly.

The Conference is held at a critical time in the post-2015 process. As the international community strives to achieve the Millennium Development Goals while formulating the post-2015 development agenda including the Sustainable Development Goals (SDGs), 2015 is recognized to be a once-in-a-generation opportunity for transformational change.

The launch of the post-2015 agenda will culminate within months of each other in the second half of 2015, with the potential to shape the future of our peoples and our planet for the better. The purpose of this Conference is to harness the strategies, expertise and resources across the broadest spectrum of civil society to move poverty eradication, sustainability, human rights and climate justice into the mainstream discourse, and spark sustained public demand for lasting political action in support of an ambitious outcome from the post-2015 sustainable development process.

Aug 252014
 

MAPUTO, Mozambique, August 25, 2014/African Press Organization (APO)/ — Arriving in Mozambique when the telecom infrastructure was very limited and only 35% of the population was accessible to the telecommunication services, Viettel – the Vietnamese leading telecommunications – has endorsed an initiative to popularize telecom services in rural and under-served areas in Mozambique. This initiative regards telecom provision as a commodity, which should be accessible regardless of geographical location or financial capacity. The company has invested in a network, service support and introduction of social programs to enable telecom services accessible to rural Mozambicans, as part of improving their overall lives and become its customers. Viettel aims at a sustainable social development and benefit both customers and the company by bringing mobile phones to every Mozambican and broadband Internet to every Mozambican family.

Photos Movitel: http://www.photos.apo-opa.com/index.php?searchterms=Movitel&level=search

Logo ICTNews: http://ictnews.vn/images/logo1.png?v=2

Two years after the initiative was implemented, Movitel – the joint venture between Viettel and Mozambique’s SPI Company has built 2,800 2G/3G base stations and 25,000 km of fiber optical cables covering 100% of districts and highways, serving nearly 80% of the Mozambican population. In rural areas, by the end of 2013the company has increased its coverage area from 60% to 85% and doubled the number of covered people from 35% to 75%. In addition, to address the difficulties incurred due to limited transportation infrastructure, Movitel developed a diversified distribution channels comprising of 153 shops, 12,600 agents and points of sales and nearly 4,000 direct sales staffs to deliver door-to-door services in every village. Nearly 600,000 people in at least 5rural districts have been covered and served telecom services for the first time in life. Tariff plans have been tailored to be affordable and flexible for different groups. For instance, farmers were offered zero entrant fee with top up denomination of any value in addition to subsidizing handsets while the youth could enjoy services such as i-Muzik, Missed call alerts, Call me back, daily news, horoscopes, etc. Never before is it easier for Mozambican to use telecommunications services than it is now with Movitel.

Moreover, Movitel is considerably contributing to changing the information communication landscape in Mozambique thanks to its strong network infrastructure. Movitel now accounts for 70% of the country’s fiber optical cable infrastructure and 50% of the mobile phone network infrastructure, bringing Mozambique among the top three nations in terms of fiber optical cabling infrastructure in Sub-Saharan Africa (along with South Africa and Nigeria). The country now has a strong and modern infrastructure through this, in addition to the latest DWDM technology and 20Gbps bandwidth. The infrastructure enables Mozambique’s telecommunication industry to implement the e-government and develop ICT applications in the education and healthcare sectors for socio-economic.

Especially, considering investment in education as an investment for the future and the knowledge base of a country, Movitel has introduced “Internet connection to schools” program to supply free broadband Internet to 4,200 schools nationwide. Up to the end of 2013, 2,500 schools was connected with Internet, helping millions of teachers and students have access to the world’s sources of information for a better education. Besides, the company also supports Mozambican government to implement e-government program to bridge the digital gap between rural and urban areas.

Recently, Movitel, SA has become the only telecom operator in Africa in 3 consecutive years winning reputable prizes from prestigious international organizations by winning the Best Mobile Innovation Award – the most notable prize among the 18 others of the Mobile Innovations Awards. Formerly, it won the Rural Telecom Award of the AfricaCom Awards in 2012 and the Competitive Strategy Leadership award by The American Research and Consulting firm Frost and Sullivan in 2013. These awards are all a praise of the tireless effort of Movitel in enhancing the people’s lives and its contribution to the ICT development of Mozambique.

Author: Nguyen Thai Khang – Head of ICT division – ICTNews (www.ictnews.vn), Chairman of The Vietnam ICT Press Club.

Distributed by APO (African Press Organization) on behalf of ICTNews (Vietnam).

Aug 252014
 

OTTAWA, Canada, August 25, 2014/African Press Organization (APO)/ — Foreign Affairs Minister John Baird today issued the following statement:

“Canada deplores in the strongest terms the ongoing violence and destruction in Libya and is appalled by the reported incidents of human rights abuses. We urge all parties to accept an immediate and unconditional cessation of hostilities.

“It is unacceptable that it is the people of Libya who pay the ultimate price in this conflict. They have sacrificed a lot for their freedom and recently elected the House of Representatives as their sole and legitimate representative.

“Canada will continue to work closely with its allies and partners to support Libya’s elected institutions and hold to account those responsible for violations of international law.

“Canada stands with the Libyan people in their struggle to defeat terrorism and violence, restore the rule of law, and build a free, prosperous and democratic society.”

Aug 192014
 

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 households in 11 of sub-Saharan Africa’s top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990 – an increase of 230% over 14 years. However, of the total number of households across these focal economies, 86% of them remain within the broadly “low income” band, emphasizing the nascent maturation of many of the continent’s markets.

The report also found that the combined GDPs of the 11 measured economies had grown tenfold since 2000.

The study uses a proven methodology widely employed in South Africa. The report, based on the Living Standards Measure (LSM), gives investors to Africa data on which to base their investment decisions.

In the past, the conventional wisdom was that as many as 300 million Africans are categorised as ‘middle class’. The report points out that investors using an unquantifiable assumption might find individuals they had thought were middle class were in fact highly vulnerable to lose that status in any economic shock.

The report suggests that while the middle class may be smaller than previously thought, two factors should give investors greater comfort: by any methodology Africa’s middle class is growing strongly; and Africa’s income accumulation is far more broad-based than had previously been thought.

Standard Bank senior political economist Simon Freemantle, author of the report, says the new report is cause for optimism among investors as it suggests even greater scope for future growth, and indeed the report forecasts acceleration in the accumulation of middle-class households in Africa.

Commenting on the lower than anticipated total number of middle class households, Freemantle says any view “concerning the undoubted ongoing improvement in Africa’s economic performance has to be tempered with the reality that the level of this growth and the nominal size of the continent’s middle class had not until now been adequately measured”.

He argues the previous figure of 300 million ‘middle class’ Africans was viewed as a best-estimate that has now been confirmed as to trend if not as to the total aggregate. The report cites the African Development Bank’s (AfDB) influential 2011 study, ‘The Middle of the Pyramid: Dynamics of the Middle Class in Africa’, which by its methodology attached middle class status to individuals earning just USD4 to USD20 a day, and even a “floating class” of individual earning USD2 to USD4 a day, thereby categorising fully one-third of Africa’s people (over 300 million of them) as ‘middle class’.

“In fact, such individuals would still be exceptionally vulnerable to various economic shocks, and prone to lose their middle-income status,” explains Freemantle.

South Africa’s LSM measure as a methodology is not income-based but rather uses a wider range of analysis. The report covers 11 selected sub-Saharan African countries which combined account for half Africa’s total GDP (75% if excluding South Africa) and half its population. The methodology identified LSM5 and above as middle class and categorises household income into four distinct income bands: low income; lower middle class; middle class and upper middle class.

“Standard Bank has attempted to fill the knowledge gap by using comprehensive household income data and adopting our own measure of the middle class using South Africa’s LSMs as a framework in order to provide cross-quantifiable reference points for peer African economies.” The 11 focus economies are: Angola, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, South Sudan, Sudan, Tanzania, Uganda and Zambia.

This methodology found there was an undeniable swelling of Africa’s middle class irrespective of which methodology was used. “Looking ahead, an even greater elevation in income growth is anticipated in the next 15 years; between 2014 and 2030, we expect an additional 14 million middle-class households will be added across the 11 focal countries – tripling the current number. Including lower-middle-class households, the overall number swells to over 40 million households by 2030, from around 15 million today,” the report states.

Furthermore, while figures for 1990, 2000 and 2014 all contain more lower-middle class than middle class households, by 2030 it is expected that “there will be notably more middle-class households than those in the lower-middle-class bracket (19.2 million versus 22 million)”

Freemantle says: “The swifter pace of middle-class growth is critical in its suggestion of a more marked income ascent in the next decade and a half, compared to the period since 2000.”

As a caution, the report states: “Though there has been a meaningful individual lift in income, it is clear that a substantial majority of individuals in most countries we looked at still live on or below the poverty line (measured as those with a daily income of USD2 or less).” Income discrepancies are vast among the 11 economies, with almost 86% of the 110 million households in the focal grouping falling within the low-income band. This is expected to fall to around 75% by 2030.

“In conclusion, while the scale of Africa’s middle class ascent has, we believe, been somewhat exaggerated in line with the at times breathless ‘Africa Rising’ narrative, there is still plenty of scope for measured optimism regarding the size of the middle class in several key SSA [Sub-Saharan Africa] economies. Reliable and proven data should if anything spur more interest in the continent’s consumer potential by adding depth to what was previously conjecture,” says Freemantle.

Distributed by APO (African Press Organization) on behalf of Standard Bank.

FOR MORE INFORMATION CONTACT:

Ross Linstrom

Standard Bank Media Relations

Mobile: +27 (0)83 262 1882

E Mail: ross.linstrom@standardbank.co.za

About Standard Bank Group

Standard Bank (http://www.standardbank.com), trading as Stanbic Group, is the largest African bank by assets and earnings. Our strategy is to build the leading African-focused financial services organisation using all our competitive advantages to the full. We will focus on delivering superior sustainable shareholder value by serving the needs of our customers through first-class, on-the-ground operations in chosen countries in Africa. We will also connect other selected emerging markets to Africa and to each other, applying our sector expertise, particularly in natural resources, globally. We operate in 20 countries on the African continent, including South Africa.

Standard Bank has a 151-year history in South Africa and started building a franchise outside southern Africa in the early 1990s. In recent years, Standard Bank has concluded key acquisitions on the African continent in Kenya and Nigeria. Africa is at our core and we will continue to build first-class on-the-ground banks.

The group’s nearly 49 000 employees in all regions deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management. Standard Bank’s Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Normalised headline earnings for 2013 were R17.2 billion (about USD 1.8 billion) and total assets were R1 694 billion (about USD 162 billion). Standard Bank’s market capitalisation at 31 December 2013 was R209.4 billion (about USD20 billion).

The group’s largest shareholder is Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information go to http://www.standardbank.com

Or if related to CIB deals:

For further information go to http://www.standardbank.com/cib

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 [...]

Aug 182014
 

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 Neringa Kudarauskiene)

With 3.3 million registered users, including 2 million in Nigeria and a strong footprint in Zimbabwe, Uganda and Ghana, MoboFree.com is among the largest and most successful mobile social and trusted classifieds platforms in Africa.

MoboFree members upload thousands of new classifieds every day, generating an average of 60 million page impressions monthly.

The best-selling items on MoboFree.com are phones, tablets and mobile devices, followed by clothes, fashion and beauty and electronic devices.

The MoboFree technological platform makes buying and selling online easy for any African user with any device, not only for PCs and smartphones but also for old phones with small screens (so called “feature” phones).

“Africa is home to six of the ten fastest-growing economies in the world. Our strong performance once again confirms the success of our model and is indicative of the high level of activity in all markets in which we operate. We are now looking for new partners with which to share our exciting expansion plans as we see enormous opportunities arising in Africa,” said MoboFree CEO and co-founder Neringa Kudarauskiene.

MoboFree is a social marketplace with a unique user-centric approach rather than the traditional item-centric approach. MoboFree allows its buyers and sellers to obtain a large amount of personal information about one other – ranging from photos and mutual friends to ratings or other data that enables identification of whether or not a person is trustworthy.

Negotiation and communication during the buying/selling process is a very important part of African culture. MoboFree allows its members to communicate and negotiate conveniently without leaving the platform. They can do this via private messages or via chat. MoboFree members send over 8 million private messages per month.

Distributed by APO (African Press Organization) on behalf of MoboFree.

For more information, please contact:

Lawrence Karka

Public relations manager

Email: lk@mobofree.com

Mobile: +370 656 59516

About MoboFree.com

MoboFree.com (http://www.mobofree.com) is a leading African social marketplace allowing people to buy, sell and swap products and services with other trusted people. MoboFree.com combines a social network and classifieds board into one integrated online platform and makes buying and selling online more fun, personal and safe.

Over 3.3 million users are registered on MoboFree and together they generate on average around 60 million page impressions monthly. More than 2 million registered users are from Nigeria.

MoboFree currently has more than 3.3 million registered users, with more than 2 million users in Nigeria and a leading position in several other African countries such as Uganda and Zimbabwe. MoboFree users generate on average around 60 million page impressions monthly and upload thousands of new classifieds daily. The project sees ~3000 new registered members added every day. http://www.mobofree.com