Seychelles: Latest News
Dana Sanchez, 12:26 pm
The $12.2 billion sale is expected to be complete by mid-2016. It’s part of a trend for consolidation across the global hotel industry, and these global mergers are likely to impact African hospitality significantly. “This domination by the new merger company will lessen over time as other companies start to understand the appeal of the African market,” a stakeholder said. The combined company will have 10% of the total hotel supply in the world — not a monopoly.
Peter Pedroncelli, 8:05 am AFKI Original
Carrying a South African passport means you can travel to 97 countries without a visa, making it one of the top three countries in Africa whose citizens have broad freedom to travel. Certain countries have more freedom than others when it comes to travelling without a visa. Check out 8 of the most useful African passports to have.
Kevin Mwanza, 1:04 am
The overall value of reported mergers and acquisitions (M&A) in sub-Saharan Africa jumped by a hefty 73 percent in 2015 compared to the previous year, a report by Thomson Reuters and Freeman Consulting has shown. “The value of announced M&A transactions with any sub-Saharan African involvement reached $66.7 billion for 2015, 73 percent more than the value registered during 2014,”
Dana Sanchez, 6:40 pm
While its expansion to Africa is a welcome development, the U.S. company could face challenges due to the high cost of Internet mobile data and lack of quality broadband. Africans are already fans of most Netflix content. Netflix could oust Naspers-owned digital satellite TV service, whose users complain about its fees. However, Netflix isn’t cheap either. Still, the U.S.-based company has 65 million streaming customers worldwide.
Joe Kennedy, 9:36 am
Summer is just beginning in Southern Africa, while winter is starting in North America and Europe. Either way you look at it, it’s the perfect time for a long-awaited end-of-season vacation. If you’re pondering where to go, there’s hardly a better place than the Seychelles. Here are some great Instagram photos and videos that show you what you are missing out on by not being there.
Julia Austin, 7:00 am AFKI Original
Facebook has gone the distance to promote itself in Africa. How far? To infinity and beyond. Well, maybe that’s overstating it, but it works through satellites in space beaming the Internet down on sub-Sahara. To combat the issue of expensive data on mobile phones in Africa, Facebook is offering Internet.org, a system that gives mobile Facebook users free airtime, specifically while on the social media site. Here’s how badly Facebook wants to be in Africa.
Peter Pedroncelli, 3:40 am AFKI Original
Africa is a continent that is filled with potential, with the population of the continent continuing to grow as an increasingly younger demographic begins to take shape, in contrast to many other parts of the world, where ageing populations are the order of the day. Here are 10 interesting facts about Africa’s future workforce and the continent’s ability to adapt to the changing landscape that the future holds.
Julia Austin, 2:03 am AFKI Original
You may have read about a lot of tech companies building things like mobile pharmacy apps and virtual classrooms, but do you ever wonder where they get the capital? There is a good chance they went to one of these investors, who are putting a lot of money into the technology landscape in Africa.
Julia Austin, 4:31 am AFKI Original
Agro-Hub is a crowd-sourced information app based out of Cameroon. Through the app, farmers can learn everything from food storage tips to how to optimize their sales on social media. According to the company’s website Agro-hub.com, their main objective is to, “Combat poverty among rural farmers in Cameroon by improving farmers’ household incomes through agricultural market development.”
Julia Austin, 9:22 am AFKI Original
Economic analysts say that if African countries spend $1 billion a year on malaria prevention and treatment, they could see a GDP rise of anywhere from $3 billion to $12 billion per year. Malaria has devastating social and economic effects, and whoever finds a way to rid the world of the disease will be a hero. Here are 12 things you didn’t know about the fight against malaria in Africa.
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