Tag Archives: Africa
Africa: Latest News
Staff, 1:01 am
African entertainers are increasingly aware of the potential of the growing Chinese market. Many African artists are benefiting from new Chinese policies targeted at African countries. The Shaolin temple in Central China is the inspiration for umpteen martial arts films. African students on Chinese scholarships learn wushu there and other Chinese martial arts from monks. Luc Bendza is arguably the most famous African martial arts star in China.
Dana Sanchez, 12:02 am
If you own a mobile phone, chances are it has tantalum in it from Africa and you have small amounts of the rare metal within inches of your brain. U.S.-based AB Minerals claims to have invented a new disruptive tantalite processing technology that it says will enable tantalum-producing countries to add value to the ore themselves rather than exporting raw ore to China. The company hopes to sell this technology all over Africa. The first African plant is expected to begin operating in Rwanda in 2017. Here’s part of an interview with AB Minerals founder and CEO Frank Balestra.
Karen Elowitt, 12:01 am
In the 1920s when this photo was taken of a Xhosa man with a pipe, the South African government was busy reinforcing the foundations of apartheid. The government reserved skilled work for whites and denied black workers the right to organize. Legislation in the Natives Urban Areas Act of 1923 entrenched urban segregation and controlled movement by means of pass laws. The hated pass laws were designed to force blacks into labor and to keep them at wage levels that suited white employers.
Dana Sanchez, 2:41 pm
Sweden-based Ericsson is at the show, predicting that 5G will dominate mobile subscriptions in Africa by 2022. It’s one of several companies trying to connect the dots between the latest technology innovations and their dependence on infrastructure. Thermal cameras that help protect African elephants from poachers are on display there, backed by Google and the World Wildlife Fund. And The Swazi Bridge Project is there — a tech company using white space bandwidth to deliver high-speed internet to people in Swaziland.
Kurt Davis Jr., 7:57 am AFKI Original
In cities from Victoria Island in Lagos, Nigeria to Maputo, Mozambique, gym memberships can be above $100 per month. Africans are paying higher fees than in more mature markets. Zumba classes are abundant, yoga is everywhere, and biking and running are an ever-growing trend in Africa. Putting cash into the facilities for these types of activities is lucrative. Scalability is still a concern but branding across borders and within regions is necessary for growth.
Staff, 6:29 pm
The Trump campaign made no mention of Power Africa in any campaign materials. The sole data point seems to be a 3-year-old tweet complaining that money going to Africa will be stolen, but one tweet from before the campaign doesn’t tell us much about future policy. Power Africa boosts American jobs by creating opportunities for U.S. companies. The Obama administration did bar public support for coal plants, which will likely be reversed by the new White House.
Global Risk Insights, 12:51 pm
Wildlife tourism represents 80% of total annual travel sales to Africa. Environmental crime deprives countries of future revenue. After China announced last week that it plans to end all commerce in ivory by the end of 2017, illegal poaching is back in the spotlight. Corruption remains the key enabler of wildlife trafficking. High-level members of poaching syndicates, sometimes government officials, are rarely convicted. The fight against environmental crime has to be addressed as a political issue. It’s the world’s fourth largest crime sector after drug smuggling, counterfeiting and human trafficking.
Dana Sanchez, 4:10 pm
Around 60% of all products in South African stores are halal certified. Despite Muslims forming 1.5% percent of the population, this huge percentage of halal products is due to the large quantity of exports sent north in the continent, much of which is Muslim. South African traders make up about half of Africa’s fast-moving consumer goods sector, and 35 percent of these traders are Muslim. SA has helped other African countries set up halal certification including Zambia, Namibia, Botswana and Mozambique.
Dana Sanchez, 1:45 pm
In the process of tapping into the sharing economy, Airbnb tapped into a relatively unfilled niche in Africa — the need for reliable, mid-range accommodation in African cities. Doing so helped Airbnb become the second most valuable U.S. startup in 2016. Valued at $68 billion, Uber is the most valuable startup in the U.S. and across the globe — proof that you can get rich by sharing.
Peter Pedroncelli, 7:16 am AFKI Original
Each year the best soccer players on the African continent are nominated for the CAF African Player of the Year award. The three nominees have been decided, and it is a tight race to see which of the three African superstars will be crowned the continent’s best for the year. We take a look 12 things you should know about the African Player of the Year Award.
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