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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 […]

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 […]

Weak Trade Data From China Has Investors Worried

Weak Trade Data From China Has Investors Worried

Weak trade data from China renewed investor worries about slowing global economies, sending share prices down for the day. Both imports and exports in China declined in December year over year while the country’s trade surplus with the U.S. expanded. The sluggish data from the world’s second biggest economy dragged down the price of West […]

Zimbabwe Is Open To Cannabis Export – Finance Minster

Zimbabwe Is Open To Cannabis Export – Finance Minster

Finance minister Mthuli Ncube has backed calls for Zimbabwe to grow cannabis for export to take advantage of the growing global legal marijuana market. Legal marijuana has started gaining traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries. Zimbabwe has, for years, struggled with […]

Uganda To Launch Locally Made, Solar Powered Vehicles Before The End Of 2019

Uganda To Launch Locally Made, Solar Powered Vehicles Before The End Of 2019

The minister of Science Technology and innovations Dr Elioda Tumwesigye has assured Ugandans that before end of 2019, Uganda will be having its own made solar powered buses plying on the roads of Kampala and Entebbe. In 2014, Uganda Investment Authority commissioned two companies- Kiira Motors Corporation owned by Makerere University College of Engineering, Design, […]

Techno-Expo By FG To Boost Inventions, Innovations In Nigeria

Techno-Expo By FG To Boost Inventions, Innovations In Nigeria

Dr. Ogbonnaya Onu, minster of science and technology has said the 2019 Technology and Innovation Expo will bring to the fore the capabilities of Nigerian engineers, inventors and innovators in fast tracking sustainable development of the country. Dr. Onu disclosed this while briefing the press after inspecting the venue of the forthcoming 2019 Techno and […]

South Africa’s Rand Flat In Early Trade Ahead Of Trade Balance Figures

South Africa’s Rand Flat In Early Trade Ahead Of Trade Balance Figures

South Africa’s rand was flat early on Friday, giving up its small overnight gains as renewed jitters about the impact on global growth of the simmering trade war between China and the United States kept investors on the sidelines. At 0730 GMT the rand was steady at 14.4725 per dollar, unchanged from its overnight close […]

Empowering Women Farmers To Harness The Power Of Development In Africa

Empowering Women Farmers To Harness The Power Of Development In Africa

If Africa is to feed itself, and if land rights are to be applied universally, the advancement of African women farmers is a fundamental necessity, and the ability of women to access micro finance is key. Over the past few years, international banks, financing institutions and micro-funders have increased their focus on the most stubborn […]

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