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EFCC Alerts Public Of Fake Dollars In Circulation

EFCC Alerts Public Of Fake Dollars In Circulation

Nigeria anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has alerted members of the public of the reported circulation of fake Dollar notes ahead of the general elections. In a statement, EFCC acting chairman, Ibrahim Magu, stated that the warning follows intelligence gathered in the build-up to the elections. Magu said the intelligence reports […]

Northern Uganda Creates New Model Phone For Easy Farming

Northern Uganda Creates New Model Phone For Easy Farming

A new farming model to overturn peasantry farming in Uganda is coming on board with concerted effort from agricultural experts establishing Agricultural Park in northern Uganda for embracement of corporate farming. The concept of Agriculture Parks as a strategy for established farming can be used to protect farmland and create access to land for farmers […]

Wholly Made-in-Africa Smart Phone To Debut In 2019

Wholly Made-in-Africa Smart Phone To Debut In 2019

African high-tech player Mara on Friday announced the production of their newest product the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa. “China has Huawei, Xiaomi; the U.S has iPhone and finally Africa has Maraphone,” Ashish Thakkar, founder of Mara Group told a press conference on the final […]

African Minerals Development Centre Moves From ECA To African Union Commission

African Minerals Development Centre Moves From ECA To African Union Commission

The Economic Commission for Africa on Friday officially handed over the African Minerals Development Centre (AMDC) to the African Union Commission (AUC) following its inception in 2012. The AMDC was endorsed by the 2nd conference of African Ministers responsible for Minerals Resource Development in 2011 as an African Union flagship project whose main aim was […]

Africa’s Health and Wellness Sector Has Potential To Create Millions Of Jobs

Africa’s Health and Wellness Sector Has Potential To Create Millions Of Jobs

 Africa should stop exporting much-needed jobs to other continents and invest in its pharmaceutical industry, in particular, to provide for its people and create jobs for its unemployed youth, Economic Commission for Africa’s (ECA) Executive Secretary, Vera Songwe, said Tuesday. Speaking at the Africa Business Health Forum for 2019, Ms. Songwe said Africa could create […]

WeWork Picks South Africa For First African Foray

WeWork Picks South Africa For First African Foray

U.S. shared workspace provider WeWork plans to launch in South African later this year, it said on Thursday, a move that would mark the first African expansion for the $47 billion New York-based company. The firm, backed by Japan’s SoftBank Group Corp, will team up with Redefine Properties, one of South Africa’s biggest real estate […]

India Is Building A City From Scratch To Attract Foreign Investors

India Is Building A City From Scratch To Attract Foreign Investors

India is building a new city to give global investors an easy way into its booming economy. Gradually mushrooming on an otherwise barren 886-acre parcel of land in Gujarat — Prime Minister Narendra Modi’s home state — is a small collection of buildings that India hopes will one day rival financial centers like Singapore, Dubai […]

Powering Africa Energy Summit To Welcome 370 Investors and Public and Private Stakeholders In Miami

Powering Africa Energy Summit To Welcome 370 Investors and Public and Private Stakeholders In Miami

The 5th Powering Africa: Summit at the JW Marriott Hotel in Miami will host over 370 investors and public and private stakeholders across Africa’s energy sector. The World Bank, OPIC, MCC, Power Africa, USAID and USADF alongside African energy leaders from Morocco, Ethiopia, South Africa, Kenya, Uganda, Mozambique and Nigeria are attending the summit to […]

MTN Slashes Its Out Of Data Bundle Rates

MTN Slashes Its Out Of Data Bundle Rates

 MTN has slashed its out of bundle (OOB) data rate by up to 75 percent for prepaid customers. The mobile operator will also be doubling selected prepaid voice and data bundles for the next two months. Prepaid customers currently not making use of data bundles will pay just 29c per megabyte for their data usage, […]

Air Tanzania Finalises Plans To Go Global

Air Tanzania Finalises Plans To Go Global

Air Tanzania Company Limited (ATCL) hopes to finalise the process of connecting itself to the global distribution system (DGS) in the coming few days. When the process is completed, the airline will start flying to China and India next month. GDS is a worldwide computerised reservation network used as a single point of access for […]