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Date Archives for December 2014

  • Looking Back At The Cabo Verde Volcanic Eruption Of 2014

    By Ann Brown, 3:20 pm AFKI Original

    The November volcanic eruption on Fogo island, Cabo Verde, has changed life there. Two towns were evacuated, and the island’s thriving vineyards were destroyed. Hundreds were left homeless, with their livelihood ruined. Donations have been pouring in. Fundraisers have been held in the U.S. by Cabo Veredean communities in the New England area. Check out these photos of the destruction from Africa’s 2014 volcanic eruption.

  • 15 Quotes You’re Probably Misusing

    By Julia Austin, 2:54 pm AFKI Original

    Blood is thicker than water. You may take this to mean that bonds between blood relatives are stronger than any other. However, the original quote means the opposite. It’s from an old proverb that goes, “The blood of the covenant is thicker than the water of the womb.” The quote means that the blood a soldier sheds on the battlefield with other soldiers is thicker than his bond to his family. Taken out of context, famous quotes can quickly end up the way a phrase does in a game of telephone. Here are 15 famous quotes you’re probably misusing.

  • African Business Conferences To Look Out For In 2015

    By D.A. Barber, 1:57 pm AFKI Original

    The year 2015 will be a busy one for African business conferences. We’re highlighting opportunities in sub-Saharan African transportation, infrastructure, investment and banking, healthcare and technology.

  • Congo-Brazzaville Breweries Bet On Consumer Expansion

    By Makula Dunbar, 1:27 pm

    Bralico, Congo-Brazzaville’s third largest brewery, according to CCTV Africa is on a mission to transform the country’s beer industry. While interest in the beverage is growing, the company plans to scale business up to prepare for the demand. Consumers described Bralico’s products as modern and beer that doesn’t pose any problems after drinking. While the country’s pool of alcohol drinkers sits at 25 percent, that figure has been projected to expand, CCTV Africa noted.

  • Africa’s 2015 Economic Outlook Positive Despite Challenges

    risk management By Staff, 12:45 pm

    Assuming a gradual strengthening of the world economy and improvements in political and social stability in those African countries currently affected by conflicts, the African continent is set to record a projected +5% economic growth in 2015. Foreign direct investments (FDI) and external financial flows play an increasingly important role in Africa’s development and economic growth prospects.

  • 12 Female African Entrepreneurs To Watch In 2015

    By Keren Mikva, 12:36 pm AFKI Original

    Winifred Selby is the founder of Afrocentric Bamboo Limited, an eco-focused company in Ghana that creates and sells bicycles made from natural bamboo material. They’re affordable, marketed to a local audience in Ghana, and created dozens of jobs. Whether they are just starting out, or they have been in the game for a while, these are 12 female African entrepreneurs to watch in 2015.

  • Seychelles Awarded For Best Residential, Commercial Property

    By Staff, 12:24 pm

    Seychelles residential and commercial properties have earned recognition at the recent International Property Award held in Dubai. The London based International Property Awards (IPA) assesses and awards the best developers worldwide. The projects submitted are first judged on a regional basis after which the best are eligible to represent their respective regions and stand a chance to win an International Property Award.

  • Q&A With Wunmi, Nigerian Musician With Global Appeal, Part 2

    By Ann Brown, 2:00 am AFKI Original

    U.K.-Nigerian artist Wunmi released her second CD with the help of crowdfunding. In the second of a two-part series, she talks to AFKInsider about her English-Naija sensibility, and the power of African hair salons as a vehicle for starting trends. “Naija music popularity grew as Nollywood movies became huge, especially at hair-braiding salons where they were sold,” Wunmi said. “Hear dem once and you were humming and singing dem like ring tones. The power of the hairdressers!”

  • 10 Of The Best African Startups In 2014, Another Amazing Year

    By Dana Sanchez, 6:38 pm

    It has been another amazing year for African entrepreneurs. In 2014, more entrepreneurs built businesses that could solve Africa’s problems and they raised more money from investors than ever before, CNN reports. The following 10 young African startups were identified as having the potential to be the most viable — not necessarily the most hyped or popular. They include companies from Nigeria, Ghana, South Africa and Kenya.

  • Mobile Subscribers Hit 45M In Algeria

    By Staff, 6:20 pm

    Tele-density in Algeria has been calculated at 115% by end-November this year. Telecommunication authorities from the North African country have stated that the number of mobile telephony subscribers has reached near 45,5 million. A report by the Algerie Presse Service (APS) quotes Mohamed Toufik Bessai, President of the Regulatory Authority of Post and Telecommunications (ARPT), as confirming that the subscriber figure includes over 8 million 3G customers.

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