Accenture to provide credit service options for African customers

Accenture Customer Credit Solutions has been created by Accenture to help businesses digitize credit services in Africa. Accenture has been providing services to more than 40 industries in 120 countries and is now hoping to create a more simple and faster credit provision process for African customers. Edcon Holding Limited is Accenture Customer Credit Solutions' very first client. Read More »

Mondelez publishes progress report on Cocoa Life initiative

U.S.-based Mondelez International's Cocoa Life Sustainability program has assisted 76,700 farmers in nearly 800 communities since it began in 2012. The program covers the cocoa-growing regions of Ghana, Ivory Coast, Indonesia, the Dominican Republic, India and Brazil. Mondelez reports that farmers in the Cocoa Life regions have experienced tripled incomes since 2009. Read More »

Visa hosting fraud prevention workshop in Senegal

To prevent debit and credit card fraud for West African users, representatives from Visa Business School is hosting a three-day fraud prevention workshop in Dakar, Senegal. Topics being covered at the workshop, which was attended by 17 banks, included the latest technology in debit and credit cards and best practices for using them as well as fraud trends and how to detect them. Read More »

PwC report highlights challenges in Africa's capital markets

African capital markets experienced some hard times in 2015, according to PwC "2015 Africa Capital Markets Watch" released Monday. The report includes studies of equity and debt capital market transactions that took place between 2011 and 2015 on exchanges across Africa; it also looks at transactions completed by African corporations using international exchanges. Read More »

John Deere S.M.A.R.T. program hopes to boost African farm output

John Deere is launching a new campaign to help African farmers improve productivity on their farms. The S.M.A.R.T. campaign offers African farmers one-stop shopping for all their agricultural equipment needs by advocating mechanization. John Deere is also developing its own financing network specific to African agriculture, brokering partnerships with local African banks. Read More »

American company acquires World Pension Summit, World Pension Summit Africa Special

An American company recently purchased World Pension Summit and World Pension Summit Africa Special from Netherlands-based company Global Platform BV. The summits were acquired by Pensions & Investments, a Crain Communications publication and global media source for institutional investors. The events are geared toward retirement industry professionals from around the world. Read More »

Orange to acquire Burkina Faso, Sierra Leone Airtel operations

Bharti Airtel International recently agreed to sell the company’s operations in Sierra Leone and Burkina Faso to Orange. For Orange, the acquisition serves its international development strategy since it is focused on locations that have a large potential for growth and emerging economies. By adding these two countries, it adds approximately 5.5 million mobile customers. Read More »

Rotary gives $6.9 million to ensure Nigeria remains polio-free

Humanitarian service organization Rotary International contributed $6.9 million Monday to help Nigeria remain polio-free.  The funds will be used to increase immunization availability and activities overseen by the Global Polio Eradication Initiative. This year, the World Health Organization removed Nigeria from its list of countries experiencing polio endemics. Read More »

Mondelez International invests $50 million in new Nigeria plant

Mondelez International opened a new production facility in Lagos, Nigeria, Tuesday. The new plant represents a $50 million investment and is part of Modelez's plan to expand regional brands, such as Cadbury Bournvita, in key markets while developing a more efficient supply chain. Supplanting the older facility, which failed to keep up with demand, the new plant is fully automated. Read More »

Starwood Hotels continues African expansion

In Nigeria, they will build Four Points by Sheraton Abuja and Residences and the Westin Abuja and Residences; in Kenya, they will build Four Points by Sheraton Nairobi Airport; in Senegal, they will build Aloft Dakar; in Tanzania, they will build Element Oyster Bay Dar es Salaam; in Mali, they will build Sheraton Bamako; and in Egypt, W Sharm El Sheikh and W Sharm El Sheikh.  Read More »

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