Africa Business Featured Namibia Southern Africa World 

Namibia auctions 170 elephants due to drought

– Advertisement – The Namibian government has announced the auctioning of elephants due to drought and human-widelife conflict. An advertisement in the state owned Era newspaper said about 170 high value elephants will be auctioned off. “Due to drought and an increase in elephant numbers, coupled with human-elephant conflict incidents, a need has been identified to reduce these populations,” according to the advertisement. The advert from the country’s environment ministry invited tenders with specific requirements, including meeting international standards and a permit for exporting the animals. Interested parties have up to January 29…

Read More
Africa Business South Africa Southern Africa World 

South Africa probes lottery draw of 5, 6, 7, 8, 9, 10

– Advertisement – South Africa’s Tuesday night national lottery drew the consecutive numbers 5, 6, 7, 8, 9 and a “PowerBall” number of 10, drawing immediate accusations of fraud. The lucky 20 luckers who came forward each won 5.7 million rand ($369,000) with another 79 receiving around 6,283 rand ($407) each for guessing the right sequence but missing the critical PowerBall. “Congratulations to tonight’s 20 winners of PowerBall draw,” the lottery Tweeted out on Tuesday. Congratulations to 20 new multimillionaires who each won over R5 million on the PowerBall jackpot! 5,…

Read More
Africa Business World 

Rights-based conservation leads to global biodiversity agenda

– Advertisement – With the UN, NGOs and conservationists advocating to place 30 percent or more of the planet’s terrestrial area under formal conservation by 2030, a new study cautions of the potential costs of using exclusionary conservation approaches to meet those targets. It also sets out how to achieve them: By empowering the Indigenous Peoples, local communities, and Afro-descendants who have customary land rights to at least half of the Earth. The study, conducted by the Rights and Resources Initiative (RRI) and produced in collaboration with the Campaign for Nature, shows that over 1.65 billion Indigenous Peoples, local communities, and Afro-descendants live in…

Read More
Africa Business Nigeria West Africa World 

Nigeria arrests three suspects for duping 50,000 people globally

– Advertisement – Three suspects have been arrested in Lagos, Nigeria following a joint INTERPOL, Group-IB and Nigeria Police Force cybercrime investigation. The Nigerian nationals are believed to be members of a wider organized crime group responsible for distributing malware, carrying out phishing campaigns and extensive Business Email Compromise scams. The suspects are alleged to have developed phishing links, domains, and mass mailing campaigns in which they impersonated representatives of organizations. They then used these campaigns to disseminate 26 malware programmes, spyware and remote access tools, including AgentTesla, Loki, Azorult,…

Read More
Africa Business Nigeria West Africa World 

Dangote is the most valuable brand in Nigeria for 2020

– Advertisement – For the third consecutive year, Dangote Group has emerged the Most Valuable Brand in Nigeria, the outcome of the 2020 edition of the Annual Brand Evaluation, “TOP 50 BRANDS NIGERIA” has revealed. A brief summary of the 2020 report reveals that Dangote Group topped the list of the Most Valuable Brand 2020, followed by MTN which also doubled as the Most Valuable Multinational and Telecom Brand. The Dangote Group noted in a statement issued on Sunday that this was coming a year after the brand was named…

Read More
Africa Business Ghana West Africa World 

G4S Security Services MD inducted into Ghana Corporate Hall of Fame

– Advertisement – The Managing Director of G4S Security Services, Mr. Michael Gyapah has been inducted into the Ghana Corporate Hall of Fame. The award was presented at the 2nd Corporate Ghana Hall of Fame event held Friday 31 October 2020 at the Marriott Hotel in Accra. The Corporate Ghana Hall of Fame is conceptualized as a grouping of selected current and former Chairpersons and Overall Top CEOs in Ghana’s Business Sector whose accomplishments deserve to be recognized and celebrated for posterity to commemorate and emulate. Mr. Michael Gyapah was…

Read More
Africa Business World 

Biden presidency offers reset for US-Africa business ties

– Advertisement – The election of a new US president gives countries in Africa a chance to press the reset button on economic ties with the United States, according to Stephen Hayes, a former president of the Corporate Council on Africa, a body in Washington DC that encourages American businesses to invest in the continent. He thinks that Joe Biden will adopt a new approach and breathe new life into US-Africa relations. “I think there’ll be an upgrading and far more activity towards Africa, because people who come in are…

Read More
Africa Business World 

Consumers gear up for a festive season like no other

– Advertisement – The global retail sector is in an unprecedented state of flux and as the end of the year approaches, Nielsen has identified a range of evolving consumer groups as well as four Holiday/Festive consumer behavioural resets related to this crucial holiday period. Nielsen Retail Intelligence MD for Sub-Sahara Africa Kelly Arnold comments; “As the end of the year approaches, upcoming festivities are going to look very different for consumers depending on where they live, what restrictions they face and how COVID-19 has changed their spending habits. However, the reality…

Read More
Africa Business World 

Azimo to halve the cost of sending money abroad from Australia

– Advertisement – October 29th, 2020, London UK: Faster, cheaper money transfers are coming to Australia thanks to a new service from Azimo, one of Europe’s leading fintech companies. Azimo, which has operated in Europe since 2012, will now help people in Australia send money to more than 200 countries and territories worldwide, including China, Vietnam, the Philippines and Thailand. The company registered with AUSTRAC as a money service business in July this year and will launch its service at the end of October 2020. The company intends to disrupt the…

Read More
Africa Business West Africa World 

Okonjo-Iweala secures more support for the WTO top job

– Advertisement – Nigeria’s Ngozi Okonjo-Iweala has secured majority of votes from European Union member states to become the head of the World Trade Organization. She is now in a good position to become the first African to head the World Trade Organization, according to sources. Okonjo-Iweala who is the only African left in the race is competing with South Korea’s Yoo Myung-hee for the top role. With the two women the remaining candidates in the race for the WTO job, it is certain the organization will have its first…

Read More
RSS
Follow by Email