New generation of leaders driving Africa’s next phase of growth

A new generation of leaders is driving Africa’s next phase of growth, says Ghanaian Vice President Dubai, UAE: A new generation of leaders is playing a key role in driving change and economic growth in Africa, H.E. Dr. Mahamudu Bawumia, Vice President of Ghana told delegates during the Global Business Forum on Africa 2017 in Dubai. The high-level forum, organised by the Dubai Chamber of Commerce and Industry, took place at...

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Museveni calls for economic and political integration of Africa

Economic integration is key to Africa’s growth and development across all sectors, Yoweri Museveni, President of Uganda, explained as he addressed audiences at the Global Business Forum on Africa in Dubai. During a special head of state session entitled, “Next Generation Africa – Realising the Promise of Integration”, the Ugandan President underlined the importance of education in addressing the challenges facing...

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Africa: The New Hub for Automotive Manufacturing

The automotive manufacturing industry in Africa is growing fast. Automotive production in Africa is growing industry as more and more manufacturers move closer to their African customers and discover the advantages of low-labour costs and tax holidays. Demand for automobile spare parts in Africa is also growing. The automotive production industry in South Africa is nearly 100 years old. In the 1980s and 1990s, Nigeria achieved significant...

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Uganda allots 27 square miles of land to UAE investor

President Museveni has promised to allot 27 square miles of land in Mbarara District to a United Arab Emirates investor to set up model farm in the country. The investor, Dr Ahmad Eltigani Al Mansouri, will bring in new technology to fertilise cows that produce high milk, according to a press release from State House. The President reportedly promised to allocate the free land during a meeting at State House Nakasero. Dr Eltigani had...

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East Africa to ban import of used cars, clothes

East African countries could ban imports of used clothes and second-hand cars in the next three years, putting an end to a lucrative trade in the region. The EAC directed member countries to buy their textiles and shoes from within the region with a view to phasing out imports. The move follows a decision by the six-nation East African Community – Kenya, Uganda, Rwanda, Burundi, Tanzania and South Sudan – to fully ban...

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Cosmetics Market in Africa Undergoing Transformation

The cosmetics market and beauty products market in African is poised for unprecedented growth. African consumers have long been asking for products adapted to their hair, skin and body specificities. Africa remains a largely untapped market where consumers are screaming out for quality products adapted to their specific needs. For example, African skin requires darker shades than make-up lines traditionally offer. Make-up also needs to be...

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