Seychelles: Latest News
Julia Austin, 8:42 am AFKI Original
Events and festivals dedicated to African fashion are popping up all over the world and they’re well attended. All Things Ankara Fashion Week showcases Ankara print fashion and integrates it in international markets. Ankara is African wax print featuring vibrant patterns, a staple of African traditional clothing. The event has over 23,000 followers on Instagram. Here are 12 African fashion events that attract big business.
Staff, 12:01 am
Indian investment flow in Africa is significant, at $50 billion in 2014, although the vast majority of that goes to the tax haven Mauritius. Indian investments are mostly concentrated in seven African countries, but more and more Indian companies are investing in West and North Africa. Indian investments are mostly concentrated in these countries due to the early historical ties and significant populations of Indian origin, more and more Indian companies are investing in West and North Africa. In 2014, China’s trade with Africa was at $200 billion.
Karen Elowitt, 8:00 pm
One of the only downsides of the Seychelles is that there is very little to see in terms of sightseeing, so you’ll have to find other ways to entertain yourself. Fortunately, there are a few places which offer options for adventure lovers, while not compromising on the luxury people expect from the island’s high-end resorts. Here are the top three luxury adventure resorts in the Seychelles.
Dana Sanchez, 4:34 pm
Good governance is on the decline in Africa, according to latest Ibrahim Index of African Governance. Half the countries that scored in the top 10 show deterioration, and phones have been ringing off the hook at the foundation as countries call up to ask what gives. They are aware that the index is a tool for public policy, and that it’s widely used by investors, said a foundation research head.
Becca Blond, 4:00 am
Almost half the countries in Africa — 26 — have French as a first or second language. Mauritius comes in at No. 2 with 72.7 percent of the population speaking French. The island nation’s Creole is a different dialect than that spoken in West Africa. These are the top French-speaking countries in francophone Africa.
Dana Sanchez, 2:07 pm AFKI Original
You won’t find an African country among the world’s top 25 performers for innovation, but several low-income African countries are outperforming their peers GDP-wise. “Barriers are falling,” according to the just-released Global Innovation Index 2015. Check out the 13 most innovative countries in Africa and how they compare globally.
Peter Pedroncelli, 3:43 am AFKI Original
This past weekend saw another round of AFCON qualifying taking place across the continent to decide the teams that will emerge on Gabon for the 2017 Africa Cup of Nations (AFCON), and there were many surprise results amongst the list of fixtures. Here we look back at a few of the matches that took place […]
Dana Sanchez, 10:36 am
Polygamy is legal in South Africa but the tradition contradicts gains made in democratic, progressive constitutions, says an expert on constitutional and legal rights. Great gains have been made in Southern Africa since the adoption of the SADC Protocol on Gender and Development in 2008. Its 28 targets are set to expire in 2015. The post-2015 SADC agenda must make it clear that constitutional provisions take precedence over traditional practices, a stakeholder says.
Keren Mikva, 8:51 pm AFKI Original
Literacy is a leading factor in evaluating a country’s development. It gives potential investors an idea of how well a country’s citizens will be able to contribute on the global stage. It’s important to recognize the progress South Africa has made to equalize education since apartheid. About 93 percent of the adult population is literate, with 20 percent of the national budget devoted to education. These are the sub-Saharan African countries with the highest literacy rates for adults.
Kevin Mwanza, 4:39 am
A Mauritian fund management firm Axis has offered to buy a majority stake in a Kenyan stockbroker ApexAfrica Capital for about $4.7 million, the largest amount ever paid for any market intermediary in the East African nation. Axis was attracted to ApexAfrica Capital due to its “strong corporate and high-net-worth individual clients.”
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