British Airways’ has big plans for Africa.
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Africa : Commodity Bridgehead to Asia
Trade from and in Africa, the New Asia Bridgehead, with Investors Europe Mauritius Stock Brokers. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended and neither do we solicit clients from the U.S. or any other specific jurisdiction, including the Republic of Mauritius inter alia.
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“British Airways’ plans in Africa are not only limited to its recently announced investment in customer experience. Apart from the £400 million (R6891 million) investment in Club World, the latest-generation technology in the air and on the ground, African customers will also benefit from additional capacity on African routes, new lounges and enhanced catering”
Africa has an important role to play in China’s much-touted One Belt and One Road Initiative, an ambitious plan to revive the old maritime Silk Road.
"Africa has an important role to play in China’s much-touted One Belt and One Road Initiative, an ambitious plan to revive the old maritime Silk Road, which wields plenty of financial muscle and promises to boost member-countries's growth and economies"
The demand for purpose-built student housing in sub-Saharan Africa is rocketing. Should investors take note?
According to real estate firm JLL, “demand for new purpose-built student accommodation across sub-Saharan Africa is set to exceed 500,000 beds over the next five years” #Investorseurope #Stockbrokers
Africa telecom and finance leaders assess accelerating digital investmen
"Telecom and tech companies are increasing investment across Africa as the rapidly improving digital infrastructure and services, and the uptake of smartphones, provide huge opportunities for business and revenue growth"
At midnight on Thursday President Jacob Zuma announced the details of a widely-anticipated cabinet reshuffle. Zuma made 20 changes to his administration. Without question, though, the most significant – and concerning – is the removal of the respected and regarded Minister of Finance Pravin Gordhan and Deputy Minister of Finance Mcebisi Jonas.
"The longer-term effects of this reshuffle will be unequivocally negative, entrenching Zuma’s record of poor economic leadership"
Demand for a "taste of home" drives the trade in Europe, US. Researchers call for DNA samples at airports to determine scope of African bushmeat market.
“Bushmeat is finding its way to Europe’s biggest cities, where demand for exotic delicacies or a “taste of home” drives a trade which has yet to be quantified. The meat of endangered species such as primates and pangolins is available, but the scale of the problem is not fully understood. Few studies have been undertaken at airports and other points of entry to determine its scope”
Africans have been applying for years to register on a reserve .africa list. Africa's digital identity breaks new ground with .africa web address launch.
"Following failure to launch in 2014, Africa now has the unique web address .africa — that’s almost five years after the African Union submitted the domain name to the governing body that establishes generic top-level domains"
Internet crackdown in Cameroon is creating regional chaos and internet refugees, who have been forced to move to areas with access, or leave the country.
"Many banks are closed and ATMs are not working which, together with the lack of internet access, is plunging the regional economy into chaos"
Twice as many sub-Saharan Africans have mobile phone access than access to paved roads. Mobile connectivity is to Africa what infrastructure is to the West.
"Without credit, how do you show a provider it is worth building a phone line and connecting you to its service? How can you guarantee its investment in you and in your phone line is going to pay off?"
Uber is currently the dominant ride-sharing app used in Africa. It has rapidly grown its African footprint and now has operations in eight countries; Egypt, Ghana, Kenya, Morocco, Nigeria, South Africa, Uganda and Tanzania.
"Disruptive competition through technology can benefit consumers, but it also raises issues. African response to Uber: Kenya and South Africa diverge"
At MIT, Kenfield Griffith thought he'd solve the world’s problems. Then he arrived in Kibera. Born in the Caribbean, educated in Boston, startup in Nairobi.
"Nairobi-based startup mSurvey is transforming the way entrepreneurs do market research by leveraging mobile phone messaging technologies to extract previously unobtainable data from the growing community of cellphone users across the world"
Barbados’ offshore financial services jurisdiction is suffering from the impact of a triple whammy of body blows, with more pain to be felt soon. The cumulative damage was summed up in the recent Central Bank economic report for 2016, which showed a nine per cent decline in assets of offshore banks. How come? First, there was the major arrow aimed not simply at Barbados but at several countries around the world, and it came from the new Justin Trudeau administration.
"Barbados’ offshore financial services jurisdiction is suffering from the impact of a triple whammy of body blows, with more pain to be felt soon"
"The banking industry in Kenya is under pressure and is calling for a review of the controversial interest cap law enacted in August 2016. The banks point to the adverse effect the law is having on the sector’s liquidity"
Zimplats has continued its expansion drive in the country, despite land takeover threats and requirements that it build
"Impala's Zimbabwe unit, Zimplats, has continued its expansion drive in the country, despite land takeover threats and requirements that it builds smelters in double quick time"
Ethiopia moves toward privatization of state-owned firms. It's not about money. It's about technology, the prime minister says.
“Fast-growing Ethiopia, long committed to driving its economy with state investment, has invited foreigners to invest in its state-owned shipping and logistics company. Other coveted sectors usually off limits to foreigners — like telecommunications and banks — weren’t mentioned in the solicitation”
Airbnb is set to miss out on more than £325 million in London bookings this year as it begins to enforce UK rules limitin
"Airbnb is set to miss out on more than £325 million in London bookings this year as it begins to enforce UK rules limiting rentals to 90 nights per year. Almost half of Airbnb nights booked in London would be threatened by the 90-day cap, according to data from accommodation search engine AllTheRooms"
South African President Jacob Zuma and the parliamentary standing committee on finance appear to be headed for a stalemate over the provisions of the Financial Intelligence Centre (FIC) Amendment Bill, with the inevitable delay presenting dire consequences for South Africa’s financial services sector