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Posts Tagged ‘economy’
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August 14, 2019

E-learning education conference looks to unlock Africa’s future

As a Russia-Africa summit opens in Sochi on the Black Sea on October 24, a more modest but significant conference will take place in Abidjan, the capital of Côte d’Ivoire.

The conference, eLearning Africa, will bring together international education and technology specialists, government ministers, entrepreneurs and investors to discuss opportunities for expanding Africa’s education sector.

It is a subject at the heart of the African Union’s plans for turning Africa into a “transformed continent” by 2063 and it will be discussed and debated during three days of presentations, workshops, seminars and ministerial meetings from October 23 to 25.

International [...]

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August 13, 2019

Red carpet for Botswana investors

Botswana has promised to roll out the red carpet for investors, urging them not to be discouraged by its small population from doing business in the country because decent returns are part of the package.

Speaking at the official opening of the 14th Global Expo Botswana in the capital city Gaborone this week, President Mokgweetsi Masisi said his country was making conditions conducive for investors.

“The World Bank’s Doing Business Report of this year has placed Botswana at number five in the Ease of Doing Business rankings in sub-Saharan Africa. We continue to review and make strategic reforms to improve the ease of doing business and the competitive environment to [...]

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August 7, 2019

Africa-wide free-trade agreement receives major boost

The African Development Bank (AfDB) has provided a $4.8m grant to support the African Union’s (AU’s) efforts to roll out the continental free-trade area.

The grant forms part of a series of interventions by the development bank to accelerate implementation of the free-trade agreement. The trade agreement is seen as a major force for integrating the 55-nation continent and transforming its economy.

Intra-African trade remains low compared with other major regions such as the EU and Asia.

In 2018, SA joined various other countries on the continent in signing the African Continental Free Trade Area (AfCFTA) agreement that aims to create a single continental market [...]

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July 19, 2019

Ford to add 1,200 jobs in South Africa from August

Ford Motor Company of Southern Africa (FMCSA) will employ 1,200 new employees from August 2019 to meet the growing international and local demand for the New Ranger, Ranger Raptor and Everest models.

Ford said that these additions will bring the company’s total employment in South Africa to approximately 5,500 employees.

At the same time, it will significantly bolster supplier companies by adding around 10,000 jobs in this sector.

“The R3 billion investment in our South African plants, announced in 2017, is now coming to fruition with the addition of a third shift to increase our production output,” says Ockert Berry, vice president operations, Ford Middle East [...]

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