11 Business Opportunities in Africa That Will Make More Millionaires

The latest Africa Wealth Report by New World Wealth reveals there are now just over 160,000 millionaires in Africa. Interestingly, from 2000 to 2013, the number of millionaires on the continent grew by more than 145 percent, compared to the worldwide growth rate of 73 percent. In recent years, most of the ‘new millionaires’ have been young entrepreneurs and investors who have created promising businesses and invested in...

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So Many People, So Little Land

Ethiopian and Kenyan governments have evicted local farmers to sell their land to agribusinesses from China and India As drought and famine threaten millions of lives in the horn of Africa, global food security — or rather insecurity — is at the forefront of development discourse. What’s more, Harvard University demographers forecast that before the end of the 2018, the world’s population will reach 7 billion. In...

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Future of Africa

The last large source of arable land, minerals and fossil fuels, Africa may also be the continent that is the least-equipped to manage and protect its resources sustainably. If pursued with nature’s value in mind, Africa’s future growth could mean long-term prosperity for its people; if not, it could bring unsustainable consumption, resource extraction and environmental degradation. Here are some of the changes facing the future...

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Dubai-Kenya Trade Relations Further Boosted

Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, hosted a business forum in Nairobi, marking the conclusion of a five-day trade mission to Kenya, which provided varied opportunities for companies from the UAE and Kenya to come closer and mutually explore new opportunities. Dubai Kenya trade relations are set for further consolidation in the years to come.   The mission attracted a...

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Tanzania to ban sub standard lubricant imports

Tanzania is adopting tough measures to check the the inflow of substandard lubricants into the country. Tanzania is an important market for lubricants in Africa. This was announced in the backdrop of the announcement by the Government Chemist Laboratory Agency (GCLA) that over 50 per cent of imported lubricants in the country are of inferior quality. Industry, Trade and Investment Minister Charles Mwijage said the new measures will...

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Tanzania mainland and Zanzibar woo tourists from the Arabian Gulf region

A move to strengthened destination marketing and boost tourism in the land of Kilimanjaro and spices, Destination Zanzibar returns to Arabian Travel Market (ATM) 2017, through strategic alliance with Zanzibar Commission for Tourism (ZCT), Zanzibar Association of Tour Operators (ZATO), Zanzibar Association of Tourism Investors (ZATI) and Tanzania Tourism Board under the banner “Tanzania – the land of Kilimanjaro, Zanzibar & the...

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Uganda woos tourists from the Middle East

In order to boost its tourism income, Uganda is making efforts to promote its tourism industry internationally. As part of this plan, the country hosted a special stand at the Arabian Travel Market (ATM) in Dubai to showcase its tourism products in the Middle East markets. “Arabian Travel Market is an important event for us and helps us reach new markets in the Middle east region,” said Edwin Muzahura, Marketing Manager of...

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Kenya emerges as a popular travel destination for Middle East travellers

Kenya is increasingly its promotion activities aimed at attracting tourists from the Middle East as its tourist industry has been recovering from a slump due to recent events like kidnappings of tourists by Somali pirates and weakness in the euro-zone economy. Against such a backdrop, the United Arab Emirates presents Kenya with huge opportunity to tap tourist arrivals by virtue of its proximity that Kenya enjoys with a less than five...

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