AWARD winning Zimbabwean model Nyasha Matonhodze has been selected as the face of Rihanna’s Fenty Beauty Africa’s global launch. This comes after the Barbadian music star announced on Tuesday that she will be setting up Fenty Beauty and Skin stores in Zimbabwe, Botswana, Ghana, Kenya, Namibia, South Africa and Nigeria starting May 27. Several African socialites including Hillary Makaya…
Over 100 local firms have benefited from EU investments, and are involved in various areas, including agriculture, energy, logistics, trade facilitation, education, capacity building and good governance Over 150,000 Tanzanians have secured employment in firms which won investments from the European Union (EU). There are over 100 of them active in agriculture, energy, logistics, trade facilitation and education and…
Higher data costs for ordinary citizens and low digital literacy are argued to be factors standing between Africa and the digital economy, excellency The continent internet economy can reach $180 billion by 2025, accounting for 5.2 per cent of Africa’s GDP Africa’s access to the internet stands at 40 per cent, according to Google With more than 1.3 billion…
The second round will launch with business and financial training for more than 50 delegates Dar es Salaam: The Bloomberg Media Initiative Africa (BMIA) has today announced the second intake of its Financial Journalism Training (FJT) program in Tanzania, which will train journalists and media professionals in business and financial journalism, to bolster the country’s financial reporting industry. The…
African investment in the stock market has traditionally been reserved for a particular set of elite people Over the years, the continent’s FX market has been growing exponentially largely driven by the increased access to mobile devices and internet connections across the region While retail forex trading in Africa may only represent a small segment of the global currency…
African cities could be powerful engines of growth for the continent in the coming decades if policymakers strengthen their economic potential, new research has found. The report, titled Africa’s Urbanization Dynamics 2022: The Economic Power of Africa’s Cities, said urbanization presents immense opportunities to accelerate progress toward the realization of the 2063 development agenda and other major development goals…
(BUSINESS WIRE)–In its continuing effort to bring the UEFA Champions League (UCL) experience closer to more football fans around the world, Heineken has staged its most elaborate Trophy Tour in Africa yet. The 10-day tour, which ended on April 13 in Abuja, Nigeria, ahead of the 2022 final match on May 28, included several public events that featured the…
(BUSINESS WIRE)–In its continuing effort to bring the UEFA Champions League (UCL) experience closer to more football fans around the world, Heineken has staged its most elaborate Trophy Tour in Africa yet. The 10-day tour, which ended on April 13 in Abuja, Nigeria, ahead of the 2022 final match on May 28, included several public events that featured the…
Official trade statistics show expenditure on goods trucked from Tanzania nearly doubled last year to Sh54.47 billion from Sh27.88 billion the year before. Tanzania has become the largest source market for Kenya on the continent after overtaking South Africa, partly on the back of increased orders of maize and rice by millers. Official trade statistics show expenditure on goods…
The undeniable Beauty of Zanzibar Zanzibar is the most famous island in Africa. The beaches are among the best on the continent, the underwater coral reef has the most bizarre colors, life is laid-back and there is plenty to do on the island itself. Did you know that Zanzibar is officially called Unguja and that the famous American singer…