POVERTY is often associated with Africa and this is with good reason, but it is safe to say Africa’s middle class is rising and so is their spending power. According to data from the Africa Development Bank,“About one third of the continent spends around $4 to $20 a day and this group isexpected to grow to 42% by 2060”. This …
Global Megatrends Will Drive Growth Opportunities in the Real Estate Industry Across the African Continent
GLOBAL megatrends, such as rapid urbanisation and demographic changes, will drive growth opportunities in the real estate industry across the African continent over the next five years. “The pace of change in the world is accelerating, with a series of transitions, known as global megatrends, transforming the way in which business and society operate,” says Ilse French, Real Estate Leader …
What You Did Not Know About Valentine’s Day in Africa
IT’S that time of the year again. Little teddy bears smile out from shop windows, florists go on overdrive and women all over Africa are going on diets to prepare themselves for the onslaught of chocolates that will come their way in a few days. Valentine ’s Day is around the corner and the retail world is gearing up for …
Africa Industrialization Day….!
BASED on consensus reached by UNIDO, the AU and UNECA, African countries have been using the 20th of November every year as a day to commemorate the importance of industrial sector – Africa Industrialization Day (AID). The occasion is used to engage stakeholders in deliberations on issues that are important to the sustainable development of the industrial sector. This year’s …
Turkey – Africa: Solidarity and Partnership
ON August 19, 2011, under the shining sun of Africa, the plane carrying Prime Minister Erdoğan, his family and a large delegation composed of the different segments of Turkish State and society landed in Mogadishu. This was one of the first international flights destined for Somalia after a very long interval. This flight turned the course of events in Somalia …
Sheria Ngowi Afunika Mercedes Benz Fashion Week Africa 2014
Na Mwandishi wetu MBUNIFU wa kimataifa wa mavazi kutoka Tanzania, Sheria Ngowi amedhihirisha kuwa yeye ni nguli katika ubunifu baada ya kufinika katika onyesho la mavazi la kimataifa lijulikanalo kama Mercedes Benz Fashion Week Africa 2014 lililofanyika juzi Ijumaa mjini Johannesburg, Afrika Kusini. Ngowi alionyesha mkusanyiko wa mavazi aliyoyaita ‘PRIDE’ yaani kujivunia, kama moja ya njia za kumuenzi Baba wa …