Africa Matters

Increased Smartphone use boosts digital adverts

TANZANIAN brands have been urged to embrace and adopt digital advertising to reach their target consumers if a sustained growth of commerce is to be achieved. On average, the Tanzanian user looks at their smartphone more than 200 times in a day, which consists of time spent checking social media feeds to messaging on WhatsApp and e-mails. Data from…

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Africa entrepreneurs can give hope, deliver growth, says US President Obama

  US President Barack Obama told African entrepreneurs in Kenya that they could help counter violent ideologies and drive growth in Africa. He said governments had to help by ensuring the rule of law was upheld and by tackling corruption. Obama was addressing a Global Entrepreneurship Summit at the start of the first presidential visit to his father’s homeland….

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Realizing the potential for high returns from agriculture

Over the last decade, African economies have grown faster than any others in the world. But most of this growth has occurred outside of agriculture, even though agriculture employs one half to two-thirds of the population. This fact more than any other explains why Africa’s economic expansion has failed to generate benefits for the majority of Africans. At this…

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Investing in African farmers is not just a moral necessity, it’s an economic imperative

  Investing in African farmers is a moral necessity but also an economic imperative, according to the head of the Alliance for the Green Revolution in Africa (Agra), who fears that recent progress in the continent’s agriculture sector could be eroded without further investment. As she prepared to travel to Ethiopia to participate in the UN summit on financing for development, Dr Agnes…

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Social Safety Nets Expand in Developing Countries, But Majority of the Poorest Still Lack Coverage

WASHINGTON, July 7, 2015 – A growing number of developing countries are investing in social safety nets to improve the lives and livelihoods of billions of poor and vulnerable people, yet around 55 percent of the world’s poor or 773 million people with acute needs still lack safety net coverage – especially in lower-income countries and in urban areas-and countries must…

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Kenya to host Africa’s First Cyber Security Summit

Nairobi  July 4 2015: Kenya will host of the first ever Africa Cyber Security Summit (ACSS). The summit to be held in Nairobi at the Kenyatta International Convention Centre, is expected to attract numerous stakeholders as well as government officials from across Africa. Speaking  on Saturday, the chair of the Africa Cyber Security Summit Centre, Lindsey Achudi, said the…

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UAE Based Oil Firm Consolidates East African Presence with Acquisition of Essar Petroleum East Africa Ltd

  Gulf Petrochem Group rename entity to Aspam Energy (Kenya) Ltd   NAIROBI, Kenya, July 1, 2015/ — Gulf Petrochem Group today announces the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd. The deal will enhance the group’s integrated services and products for the downstream supply chain in the oil and gas sector…

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