Africa Matters

Flydubai announces addition three new East African routes

Dubai- Dubai-based flydubai (http://www.flydubai.com) has announced the addition of three new East African routes, bringing the total number of destinations in the carrier’s network to 80. With the launch of flights in September 2014 to Bujumbura in Burundi, Entebbe in Uganda and Kigali in Rwanda, flydubai will fly to nine destinations in Africa. Commenting on the launch of these…

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Empowering African Business to Succeed

African Enterprise Challenge Fund (AECF) holds its annual conference in Nairobi, to discuss its results from 2013 and to announce new partnership with the World Bank. NAIROBI, Kenya (28 August 2014) — Over 740,000 households, or 3.7 million people, are US$90 better off as a result of the African Enterprise Challenge Fund’s (AECF) activities in 2013. These are some…

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DHL Express strengthens Africa’s links with major developed economies

Photo Charles Brewer CAPE-TOWN, South-Africa, August 28, 2014/ — Despite a challenging global economic environment, import and export trade volumes for DHL Express Sub Saharan Africa (http://www.dpdhl.com) remain strong and are forecast to grow. This is according to Charles Brewer, Managing Director for DHL Express Sub-Saharan Africa, who adds, “The first half of 2014, revealed strong continuing growth for…

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“Japanese enterprises to inroduce themslves to Tanzanian partners”

Dar es Salaam: As part of the visit by the “Public and Private Joint Mission for promoting Trade and Investment to Tanzania”, the Embassy of Japan in collaboration with the Tanzania Private Sector Foundation (TPSF), will conduct a half day seminar titled “Japanese enterprises introduce themselves to Tanzanian partners” to be held on Saturday 30 th August, 2014 at…

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Helping Millions of Farmers Double and Triple Crop Yields

New report from AGRA also finds increased access to fertilizers helping up to 1.8 million farmers revive 3.5 million hectares NAIROBI -—With the steady drain of essential nutrients from African soils looming as a major threat to food security across the continent, a new report released today finds that over the last five years, 1.7 million African farmers in…

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Nakumatt inches closer to golden milestone as second Dar es Salaam store opens its doors

06/08…Regional retailer, Nakumatt Holdings, has officially opened its second, Dar Es Salaam, Tanzania, store as it inches closer to the opening of its 50thbranch in coming days. The opening of the 49thNakumatt store this morning, is a major milestone for the retailer which had earlier set a corporate target to open 50 branches by February 2015. Following its recent…

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Investment environment key to closing Africa’s energy gap, says Standard Bank

Standard Bank and General Electric today reaffirmed their commitment to Africa at a power financing roundtable held in Washington DC JOHANNESBURG, South-Africa, August 5, 2014/ — Standard Bank – Africa’s largest lender by assets, and General Electric today reaffirmed their commitment to Africa at a power financing roundtable held in Washington DC. The partnership sees both parties aiming to…

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Innovation Prize for Africa (IPA) 2015 now open – USD 150,000 in prizes for continent’s brightest innovators to accelerate Africa’s development

With 2000 innovators from 48 countries entering in its first three years; IPA 2015 takes investment in unleashing and supporting sustainable African led innovation past half a million USD JOHANNESBURG, South-Africa, August 1, 2014/ — The African Innovation Foundation (AIF) is calling on all African innovators to submit their entries for the fourth edition of the Innovation Prize for…

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Making sure growth benefits more Tanzanians : Small and Medium Enterprise Managers Forum on Access to Finance

(DAR ES SALAAM) – LEADING international development agency Voluntary Service Overseas (VSO) has joined forces with the Financial Sector Deepening Trust (FSDT) to host the first-ever forum spotlighting the supply side issues to financing for small and medium enterprises (SMEs) in Tanzania. The idea behind the SME Managers’ Forum, taking place in Dar es Salaam, Tanzania, this Friday (1…

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