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globserver africa
glObserver provides the latest African business news and Country Analysis; reports for Africa, finance
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Chinese Solar Home Systems to Light Up Rural Ethiopia| glObserver Global Economics

Chinese Solar Home Systems to Light Up Rural Ethiopia| glObserver Global Economics | globserver africa | Scoop.it
The Ministry of Water, Irrigation & Energy (MoWIE), through its Rural Electrification Fund (REF), has procured 11,488 solar home systems (SHS) from the Chinese Company Cecep Oasis New Energy Company, which are expected to be delivered within three weeks.
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Africa's First Insulin Factory| glObserver Global Economics

Africa's First Insulin Factory| glObserver Global Economics | globserver africa | Scoop.it
Julphar Pharmaceutical expands existing factory to create insulin factory with aim to make Ethiopia the insulin hub of Africa Julphar Ethiopia Pharmaceutical Industry, which was inaugurated in February 2013, is introducing what it says will be Africa's initial insulin factory, as an expansion of the existing factory.
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Rallying the tourism sector in Côte d'Ivoire | glObserver Global Economics

Rallying the tourism sector in Côte d'Ivoire | glObserver Global Economics | globserver africa | Scoop.it
En Français
MALKA MICHAEL's insight:

Revenue from tourism and travel is forecast to increase by nearly 9% to CFA345.8bn (€530m) in 2014,  nudging its contribution to GDP slightly higher to about 2.5%, according to the World Travel & Tourism Council (WTTC). Revenues will rise over the next decade to reach CFA563bn (€855.8m) in 2024, based on constant prices.

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Africa: Greener Nylon Production Could Cut Costs and Pollution| glObserver Global Economics

Africa: Greener Nylon Production Could Cut Costs and Pollution| glObserver Global Economics | globserver africa | Scoop.it
A greener and additional-efficient way of making nylon set out in a recent paper could cut production costs, benefiting the developing nations that make and use the material.
MALKA MICHAEL's insight:

 Nylon is widely manufactured around the world, but current industrial production methods are responsible for five to eight % of world anthropogenic emissions of nitrous oxide, which depletes the atmosphere\'s ozone layer and has a greenhouse result.

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SAGCOT Ambitious Plan to Generate U.S$2 Billion Annually in Tanzania| glObserver Global Economics

SAGCOT Ambitious Plan to Generate U.S$2 Billion Annually in Tanzania| glObserver Global Economics | globserver africa | Scoop.it
SAGCOT as well seeks to turn 350,000 hectares of land into profitable farmland and transform 100,000 smallholder farmers into commercial farmers.
MALKA MICHAEL's insight:

"We have to take a price chain approach if we want to involve all people from the grass roots level in order to make SAGCOT plans successful and transform agriculture, this is by seeing the need for communication at all levels," said Mr Peniel Lyimo, Deputy Chief Executive of the Presidential Delivery Bureau.

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Tanzania's mobile-fuelled banking revolution | glObserver Global Economics

Tanzania's mobile-fuelled banking revolution | glObserver Global Economics | globserver africa | Scoop.it
The entrance of mobile network operators (MNOs) into the financial market space had the potential to create a new paradigm for Tanzania;
MALKA MICHAEL's insight:

The development of mobile financial services in Tanzania is bringing the high number of unbanked residents into the financial system.

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Tunisia’s economy slow to change, even as election shifts politics | glObserver Global Economics

Tunisia’s economy slow to change, even as election shifts politics | glObserver Global Economics | globserver africa | Scoop.it
The preliminary results for the initial round of presidential elections were released on 25 November. A second round run-off will be held in next month between Nidaa Tounes, leader of the Beji Caid Essebsi party, and Congress For the Republic party candidate Moncef Marzouki.
MALKA MICHAEL's insight:

he old regime's former central bank governor Mustapha Kamel Ennabli, former trade minister Mondher Znaidi, former foreign minister Kamel Morjane, and former transport minister Abderrahim Zouari all failed to make an impression on the electorate, and have presently been taken out of the running.

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Discovering potential in Tanzanian natural gas | glObserver Global Economics

Discovering potential in Tanzanian natural gas | glObserver Global Economics | globserver africa | Scoop.it
However, the rapid pace of discovery has not been met by similar speed in policy making in the government. As the October 2015 election approaches, tensions are emerging over the discrepancy between promises of next resource wealth
MALKA MICHAEL's insight:

Oil and gas exploration in Tanzania is not new. Onshore gas is by presently produced at Songo Songo Island and Mnazi Bay. However, there is no comprehensive legislative framework in place to regulate the sector and establish a balance between the interests of Tanzania and of international investors.

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Mali confirmed Wednesday that the Ebola disease outbreak in the country has died down, | glObserver Global Economics

Mali confirmed Wednesday that the Ebola disease outbreak in the country has died down, | glObserver Global Economics | globserver africa | Scoop.it
No new case has been reported of late and all contacts who were placed under quarantine have been discharged, Mali's Health and Public Hygiene Minister Ousmane Koné said at a news briefing, which was attended by Mali's Coordinator for the Emergency Operational Centre, Professor Samba Sow, and WHO Resident Representative in Mali, Dr Ibrahima Socé Fall.
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Food insecurity in Ebola affected countries| glObserver Global Economics

Food insecurity in Ebola affected countries| glObserver Global Economics | globserver africa | Scoop.it
'The disease's impact is potentially devastating in the three nations by presently coping with chronic food insecurity,' according to a joint statement issued Thursday by the FAO and WFP.
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Nigeria earmarks N15 billion for cement training| glObserver Global Economics

Nigeria earmarks N15 billion for cement training| glObserver Global Economics | globserver africa | Scoop.it
This is according to a statement by the Daily Independent in Lagos. According to the newspaper the ITF Director-General, Mrs Juliet Chukkas-Onaeko, revealed this at an interactive forum with stakeholders in Lagos on Monday.
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Jerusalem and Tel Aviv among 14 cities to receive Bloomberg grants | glObserver Global Economics

Jerusalem and Tel Aviv among 14 cities to receive Bloomberg grants | glObserver Global Economics | globserver africa | Scoop.it
The program funds municipalities to improve residents' lives through data and open innovation for solving tough urban problems. Jerusalem's $850,000 grant will focus on poverty reduction and economic development,
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Mogadishu Aden Adde International airport under attack| glObserver Global Economics

Mogadishu Aden Adde International airport under attack| glObserver Global Economics | globserver africa | Scoop.it
The Aden Adde airport in Somalia's capital Mogadishu is under attack. Smoke is still rising outside the major gates of the airport next a car explosion on Wednesday morning.
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Gabon Year in Review 2014 | glObserver Global Economics

Gabon Year in Review 2014 | glObserver Global Economics | globserver africa | Scoop.it
While diversification is a key objective for Gabon under the Gabon Emergent strategy, 2014 saw the country moving to increase commodity production, which in turn has helped sustain robust headline increase even amidst a challenging fiscal environment.
MALKA MICHAEL's insight:

The signing of seven new licences in 2014 marked a critical step for Gabon’s hydrocarbons sector, which represents over 50% of total government revenue. Prospects for the mining industry – a key source of exports – as well improved, following the launch of a number of new downstream projects.

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Egypt looking to mend economy with energy moves| glObserver Global Economics

Egypt looking to mend economy with energy moves| glObserver Global Economics | globserver africa | Scoop.it
Egypt has been making impressive evolution in straightening up its balance sheet in recent months.
MALKA MICHAEL's insight:

Energy price hikes introduced in July for private and industrial consumers, inclunding on car fuels and electricity tariffs, have helped to reduce the national’s high level of current spending. According to a government statement issued in November, energy subsidies for the initial quarter of the fiscal year 2014/15 dropped 29% from a year ago to $3.08bn.

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Nigeria Collapse of the Manufacturing Sector | glObserver Global Economics

Nigeria Collapse of the Manufacturing Sector | glObserver Global Economics | globserver africa | Scoop.it
The General Secretary of Nigerian Labour Congress (NLC), Dr. Peter Oso-Eson, has stated that Nigeria is extremely in need of drastic action to ensure that the country's economy does not collapse.
MALKA MICHAEL's insight:

I think it is a very genuine question, but you know it is like asking me to transaction with the whole burden of this country. But we recently have become very worried because the socio-political problem in our country today frightens us so much that recently, we decided that apart from the issues in the press statement, we needed to address a formal letter on the situation in the country to the President of the country and we did.

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Liberia's Central Bank Moves to Reduce Ebola Stress On Lenders| glObserver Global Economics

Liberia's Central Bank Moves to Reduce Ebola Stress On Lenders| glObserver Global Economics | globserver africa | Scoop.it
The central bank will as well pay off outstanding loans taken by schools that were forced to close because of the viral illness, the central bank governor Joseph Mills Jones told reporters on Wednesday in the capital, Monrovia.
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巴哈马正式实施增值税| glObserver Global Economics

巴哈马正式实施增值税| glObserver Global Economics | globserver africa | Scoop.it
巴哈马政府将于2015年元旦起在全国范围内正式实施增值税,巴财政部增值税部门将在元旦派出多个检查组以确保商家企业顺利实施增值税。检查组将重点检查商家企业是否在明显位置摆放其增值税登记证书、是否指出增值税价格、是否向客户开具增值税发票和收据等。
MALKA MICHAEL's insight:

巴哈马政府将于2015年元旦起在全国范围内正式实施增值税,巴财政部增值税部门将在元旦派出多个检查组以确保商家企业顺利实施增值税。检查组将重点检查商家企业是否在明显位置摆放其增值税登记证书、是否指出增值税价格、是否向客户开具增值税发票和收据等。

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Mobile money fails the test for emergency relief in DRC Mobile money fails the test for emergency relief in DRC| glObserver Global Economics

Mobile money fails the test for emergency relief in DRC Mobile money fails the test for emergency relief in DRC| glObserver Global Economics | globserver africa | Scoop.it
The study, conducted by Mercy Corps over nine months in the Democratic Republic of Congo (DRC), is the initial to test the effectiveness of each delivery method within the same programme.
MALKA MICHAEL's insight:

The study, conducted by Mercy Corps over nine months in the Democratic Republic of Congo (DRC), is the initial to test the effectiveness of each delivery method within the same programme. Previous studies relied on groups dispersed across programmes run by different organisations, making direct comparisons difficult.

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Solutions for Africa’s youth unemployment | glObserver Global Economics

Solutions for Africa’s youth unemployment | glObserver Global Economics | globserver africa | Scoop.it
A large part of the problem is that young people in sub-Saharan Africa do not typically develop the soft skills such as customer service, problem solving, detail orientation and work planning that employers test during interviews. This is in part because schools are focused on teaching technical skills, and often rely on rote learning.
MALKA MICHAEL's insight:

A large part of the problem is that young people in sub-Saharan Africa do not typically develop the soft skills such as customer service, problem solving, detail orientation and work planning that employers test during interviews. This is in part because schools are focused on teaching technical skills, and often rely on rote learning.

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Why Africa’s degraded soils will cost the continent dearly | glObserver Global Economics

Why Africa’s degraded soils will cost the continent dearly | glObserver Global Economics | globserver africa | Scoop.it
Africa is showing great promise, home to seven of the world’s fastest growing economies, with foreign domestic investment tripling in the last decade.
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MF Board tips South Sudan on economic growth, development| glObserver Global Economics

MF Board tips South Sudan on economic growth, development| glObserver Global Economics | globserver africa | Scoop.it
South Sudan must urgently address the issue of peace and political inclusion to set the basis for increase and development, the International Monetary Fund (IMF) Executive Board has advised on conclusion of the Fund's consultation with authorities in the country.
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IMF reviews Burundi's economic performance, gives passmark| glObserver Global Economics

IMF reviews Burundi's economic performance, gives passmark| glObserver Global Economics | globserver africa | Scoop.it
It quoted Mr. Wieczorek as saying: 'Burundi's performance under the ECF-supported programme has been broadly satisfactory.
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Former presidential candidate Abramowitz eyeing Energy Ministry | glObserver Global Economics

Former presidential candidate Abramowitz eyeing Energy Ministry | glObserver Global Economics | globserver africa | Scoop.it
The 79-acre field will be constructed in Glynn County, Georgia and is expected to be interconnected by the last day of 2015. The power purchase agreement with the Georgia Power company promised 20 years of power.
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Africa Sets Demands for Post-2015 Climate Agreement| glObserver Global Economics

Africa Sets Demands for Post-2015 Climate Agreement| glObserver Global Economics | globserver africa | Scoop.it
Azeb Girma, an environmental activist from Ethiopia, told IPS that he was disappointed with the way the negotiations were proceeding. "We thought to have a pathway to Paris [venue for the next climate change conference in 2015] but Africa is cheated. Africa is demanding adaptation but this has been pushed away. The discussions are leading nowhere," said Girma.
MALKA MICHAEL's insight:

Azeb Girma, an environmental activist from Ethiopia, told IPS that he was disappointed with the way the negotiations were proceeding. "We thought to have a pathway to Paris [venue for the next climate change conference in 2015] but Africa is cheated. Africa is demanding adaptation but this has been pushed away. The discussions are leading nowhere," said Girma.

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