Gambia: Latest News
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.
Dana Sanchez, 11:37 am
Ethiopia has has become notorious for labeling critics of the essentially one-party state as terrorists. A quarter of the 199 journalists in jail globally in 2015 for doing their jobs were in three African countries — Egypt, Eritrea and Ethiopia. Another quarter were in China. Journalists expose corruption, promote good governance, and give voice to a country’s most vulnerable citizens, CPJ says. They should be allowed to do their jobs.
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.
Kurt Davis Jr., 8:00 am AFKI Original
Fewer traffic jams for Kenya. Rebounding copper prices for Zambia. A less tarnished international image for Sudan that reaches beyond civil conflict — because there are investment opportunities in the country. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2015 makes way for 2016.
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.
Dana Sanchez, 11:06 am
As wealth gets more evenly distributed across the world, Africa is following in China’s footsteps as a major source of luxury spending power. Nigerian tourists became the fifth biggest spenders in London in 2014. Continued growth will pressure retailers to adapt to their needs. Staff with a grasp of Yoruba are in high demand. Key cities in Africa remain on the radar of luxury retailers planning entry or expansion. Check out the top African countries on their radar.
Dana Sanchez, 11:50 am
Orange’s ACE submarine cable has launched Phase II of a 17,000km fiber optic cable that promises high speed Internet access to the countries where the France-based telcom does business. ACE is the first international submarine cable to land in at least 7 African countries. The new segment will connect Sao Tomé & Principe to South Africa. South Africa is already connected to the rest of the world through five submarine cables.
Julia Austin, 10:04 am AFKI Original
Transportation of product is one of the top logistical issues facing the pharmaceutical industry in Africa. Many pharmaceutical companies will open branches in African cities, and eventually rural areas, say analysts at logistics company DHL. Global pharmaceutical companies are looking to Africa for growth opportunities. Here are some trends to look out for in the African pharmaceutical industry.
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.
Dana Sanchez, 2:13 pm AFKI Original
African business aviation slowed in 2014. The business jet market in Africa isn’t growing in proportion to GDP economic growth on the continent, but it’s poised for significant expansion, experts say. Wealthy Africans are opting to acquire their own jets to save the time that would otherwise be lost waiting for commercial flights. Check out the size of the business jet fleets in 17 African countries.
- Real Estate