Egypt: Latest News
Staff, 4:45 am
Many innovations in Africa fail to materialize due to of lack of knowledge about registering intellectual property. Resident applications for patents are low in African countries. In 2014, there were 132 patent applications in Kenya, 14 in Zambia and five in Rwanda compared to over 280,000 in the U.S. and 19,000 in the U.K. The registration of copyright in many African countries has not taken off and this data is not taken into account in economic surveys. Microsoft’a online IP registration system replaces traditional paper-based forms.
Peter Pedroncelli, 5:48 am AFKI Original
Italy’s Serie A has long been an attractive league to top quality soccer stars the world over, including some of the best African players. The 2016-17 season is well under way at this point, with players from the continent determined to make the difference for their teams with quality performances in Italian top-flight league matches. Here are 12 African players to look out for in the Italian Serie A this season.
Derek Dias, 9:47 am
From 1549 until 1875, Jolof or Wolof, was a powerful kingdom in what is now Senegal and Gambia. In 1875, the theocratic Imamate of Futa Jallon brought jihad upon its neighbor. The kingdom never recovered and the French took over soon after. C’est la vie. The next time you eat Jollof rice, you can thank this kingdom. Not enough people besides history buffs know about the great empires, kingdoms, and sultanates of Africa. Here are some of the great African empires you may never have heard of.
Kevin Mwanza, 7:24 am
Libya, once one of Africa’s most booming economies and politically stable nations, has become a pale shadow of its former self since the Arab Spring that swept across the nation from February 2011. The wave that ended eight months later after claiming the life of strongman, Muammar Gaddafi, who had ruled the Maghreb nation since 1969 led to a civil war that has put the nation on the brink of total destruction.
Dana Sanchez, 2:41 pm
Africa has 700 companies with revenue of more than $500 million and half are in South Africa. About 40 percent of the 700 are publicly listed, and the continent needs more of them, McKinsey reported. How did they get there? By growing strong at home, not giving up, integrating what other companies would usually outsource, and investing in talent. Family businesses make up 10-to-20 percent of the companies by revenue.
Dana Sanchez, 5:56 pm
International bookings for travel to Africa look highly encouraging through December, according to travel intelligence firm ForwardKeys. Travel within Africa is ahead 9.4 percent for the year. Europe, with more than 60 percent of forward bookings, is ahead 11.3 percent. North Africa has seen slow growth or even decline — people are scared to travel there — while East Africa has seen double-digit growth. Tourism tends to take up to two years to recover after terrorists attack tourists.
Dana Sanchez, 3:27 pm AFKI Original
With investors showing increased interest in African equity and bond markets and through direct investment, data issues are getting more urgent. Accurate and transparent statistics are essential indicators of economic potential, economists say. African countries generally fail to accurately record the size of the informal economy which could account for up to 62.7 percent of GDP. Three of the 10 countries listed here are expected to see their GDPs decrease in 2016. For others, it’s still Africa rising. Here’s what we know.
Dana Sanchez, 11:23 am
In the same way that ATMs did not make bank branches obsolete, autonomous cars won’t make Uber drivers obsolete, said Alon Lits, managing director of Uber sub-Saharan Africa. All the major auto makers are experimenting with autonomous vehicles, but Uber, which has disruption embedded in its DNA, is the first to actually put it to test on city streets with everyday commuters. The Uber test cars in Pittsburgh aren’t actually self driving. Uber employees are behind the wheel in case the cars’ self-driving systems make mistakes.
Lillian Mutiso, 3:58 am AFKI Original
Obesity is a health condition where a person has high levels of cholesterol, sugar or salt and insufficient nutrients. Poor dieting regimes, genetics or lack of physical exercises are major causes of the condition. In Africa, obesity has been on the rise in recent years due to a rapidly growing urban population across the continent. The continent accounts for nearly 25 percent of the global population of 41 million children under five years who are obese.
Karen Elowitt, 1:32 am
White Desert National Park, which is located about 45km north of the oasis town of Farafra, gets its name from the giant, surreal rock formations made from white chalk. These stark limestone monoliths, which were carved by sandstorms over thousands of years, contrast sharply with the brilliant orange dunes. Enjoy this visual journey through White Desert, an otherworldly place that will mesmerize, haunt and amaze you.
- Real Estate