AGCO has revealed plans for further development of the Future Farm project in Zambia. This will involve the upgrades of Phase II to include the construction of 24 rooms for students and staff, communal amenities such as a canteen that sits over 80 people and an Insaka homestead – a traditional complex of grass gazebos with a central court yard to encourage interactive learning.
As Central and Eastern Europe become increasingly popular for South Africa’s property sector due to subdued growth potential and earnings locally, should these funds not be investing closer to home?
A three-day conference organized by CRU (www.CRUgroup.com and the African Fertilizer and Agribusiness Partnership (AFAP) slated to take place in South Africa from 1 – 3 October 2019 and expected to discuss investment, partnership, and innovation of the industry, will boost agric industry in Africa.
Last month, Africa’s leading film studio and international TV network ROK was acquired by French TV company Canal+ Group for an undisclosed amount.
The buyout gives ROK studios, which already reaches 15 million subscribers across DSTV and GOTV platforms on the continent, the opportunity to produce Nollywood content for CANAL+ channels in French Speaking Africa and globally.
The 4th Edition of Prix Les Afriques (Africa Literary Book Prize Award) created by La Cene Littéraire in 2016 was won by Elnathan John, with the French translation of his novel Born on a Tuesday. The novel is the debut of the highly promising young Nigerian lawyer and writer.
The Swisscham Southern Africa (SCSA), with the support of the Embassy of Botswana recently organised an African summer barbeque to go with a presentation: An Audio–visual presentation on Botswana as a tourism and investment destination held in Georg C. Umbricht Law office at Bahnhofstrasse in the heart of Zurich.
Speakers and panellists at the 5th Edition of Africa Business Day (ABD) held recently in Zug, Switzerland discussed the issues of infrastructure deficit in Africa and agreed that Africa should prioritise its power sector to boost the continent’s economy.
Overcoming the infrastructure gap is a big challenge in Africa but is one that can bring huge opportunities, [for the continent and Swiss investors] asserted Mr. Jürg Sprecher, Head of Section Bilateral Economic Relations Middle East and Africa, Switzerland’s State Secretariat for Economic Affairs (SECO) in his address at the 5th Edition of Africa Business Day (ABD) a business platform between Africa and Switzerland organised by the Swiss-African Business Circle (SABC).
Under the banner of “International Geneva”, some consider Geneva as a city rich in cultural diversity. While it welcomes a varied cultural life, it is a commonly accepted reality that this diversity must be created and brought to life by those who wish to experience it fully.
Art, art and more art!! For art collectors and art lovers, there are a lot of major art events taking place in Europe this year. From the eponymous Venice Biennale to the FIAC in Paris, Frieze in London, to Art Basel in Switzerland, there is a lot to see and buy. It will of course require quite a bit of travelling and an investment in sturdy shoes but it is all worth it.
The South Africans celebrated the 25th anniversary of Freedom Day that ended Apartheid rule in 1994 after decades of obnoxious era.
ALGERIA -- The Pan African University Institute for Water and Energy Sciences including Climate Change (PAUWES) in Tlemcen, Algeria provides higher education and applied research in the fields of water, energy and climate change – an important contribution to sustainable development in Africa.
It is no gainsaying that the growth of Africa’s economy has been hampered by poor and inadequate infrastructure. This is notable in poor and unreliable energy, transportation and communication systems, and health among others.
The finalists for the Royal Academy of Engineering’s 2019 Africa Prize for Engineering Innovation have been announced. They were chosen for the innovative ways engineering was used to solve every day problems, and come from Kenya, Nigeria, South Africa and Uganda.
COMOROS -- The AU Technical Customs Working Group on Pre-Shipment Inspections deliberated on the termination of contracts with inspection companies at a meeting held in Comoros Island on 31 May 2019.
Government has called on young people to enter an international contest on social anti-corruption advertising by designing a poster or developing a video to raise awareness on corruption.
As announced earlier by Business in Cameroon, President Paul Biya issued a presidential order May 29, amending and supplementing certain provisions of the 2019 Finance Act.
SOUTH AFRICA -- Six months ago, founder and chairman of the Bahle Zondo Foundation, philanthropist and entrepreneur Dr. Bahle Zondo walked into the AGCO Africa (www.AGCOcorp.com) office announcing that he would like to set up a successful agribusiness in his community of Msinga. He was quick to add, that he knew nothing about farming.
National Treasury has welcomed and noted the key risks identified and proposed policy recommendations by the International Monetary Fund (IMF) during a recent visit to the country last month.
SOUTH AFRICA -- President João Lourenço reform is yielding dividends, evident in the growth in Angolan oil and gas sector and the opportunities awaiting businesses in all sectors for those who are keen to increase their exports into new markets.
For years the Office of the Prosecutor was seen as the problematic organ harming the reputation of the International Criminal Court (ICC). Now the ICC judges have triggered multiple controversies on their morality, integrity or independence. The latest incident involved a French judge.
After its highly successful 5th edition of Seedstars Forum last month, and the launch of $100 million breathtaking pan-African venture fund in partnership with First Growth Ventures on April 17, Seedstars was selected at WorldBlu 13th annual award event that took place in Geneva on May 14, 2019 to receive Worldblu Freedom-Centered Cultures’s certificate.
IVORY COAST -- The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program.
There was a call for urgent implementation and policy strategies that would safeguard diaspora investments at the 3rd Diaspora Engagement Forum 2019 (AIR – DEF) held in The Hague, Netherlands from 2 - 3 May.