Thursday 21 August 2014
 
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Africa

Africa’s middle class on track for bigger growth

Africa has experienced substantial growth in its middle class over the past 14 years, a report said, forecasting greater scope for future growth. The report, entitled ‘Understanding Africa’s middle class,’ by Sta

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Global air traffic growth slows to 2.4pc in June

The expansion in the number of international air passengers slowed in June to an increase of 2.4 per cent compared to the same month last year, said a report released by the International Air Transport Association (Iata). Although

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Africa-Dubai integration, challenges in focus at summit

The story of the rapid change and global integration of Africa and Dubai will be the focus of a summit in the emirate, with tangible insights into the two regions’ opportunities, challenges and synergies. The second Africa G

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African PET market opportunities in spotlight

PET opportunities in the African region will be the focus of a summit of brand owners, coveters, bottlers, fillers, PET resin manufacturers, beverage majors and other stakeholders in Tanzania next month. The inaugural Africa PET (

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US to spend $550m on African rapid response forces

The US announced on Wednesday plans to spend $110 million a year over the next three to five years to help African nations develop peacekeeping forces that can be rapidly deployed to head off militant threats and other crises. Pre

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Coca-Cola to invest $5bn for sustainable growth in Africa

The Coca-Cola Company and its African bottling partners are set to invest $5billion over the next six years for long-term sustainable growth in Africa. The investment has increased the company’s total investment in Africa to

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GE to invest $2bn in Africa By 2018

GE is set to invest $2 billion in facility development, skills training and sustainability initiatives across Africa by 2018. The announcement was made ahead of the US-Africa Leaders Summit, where GE will host African and global g

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Mideast hotel occupancy reaches 64pc in H1

The Middle East and Africa region has reported a one per cent increase in hotel room occupancy to 64.6 per cent in the first half of the year, according to an STR Global report.  

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MEA Internet traffic to grow 41pc in 4 years

Global Internet Protocol (IP) traffic is set to increase nearly three-fold over the next four years with the Middle East and Africa (MEA) region spearheading the growth, said a report. According to the latest Cisco Visual Networki

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M-health services unveiled across Sub-Saharan Africa

GSMA’s Mobile for Development m-health programme has launched a new cross-ecosystem partnership designed to provide a range of m-health services to women and children, with a particular focus on nutrition, across Sub-Saharan Africa. 

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