Oil prices would probably need to rise to about $75 to $85 a barrel from around $60 currently for Tullow Oil and Africa Oil to go ahead with their Kenyan project, the chief executive of Africa Oil said.CEO Keith Hill told the Reuters Africa Investment Summit he was confident that crude prices would recover to […]
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Habaka incubator working with Malagasy government to boost tech
Habaka incubator working with Malagasy government to boost tech Malagasy tech hub Habaka is engaging with the government of the country in order to assist in increasing the percentage of the country’s gross domestic product (GDP) contributed by technology. Habaka was founded in 2011 and registered as a non-profit in 2012, becoming the first innovation […]
Zimbabwe: Strike imminent, warns labour union
Central bank boss, John Mangudya suggested that the economy cannot sustain any wage increase in both the private and public sectors. Zimbabwe should brace itself for a series of protests by disgruntled workers following Reserve Bank of Zimbabwe’s (RBZ) recommendation for a blanket wage freeze, the largest labour body has declared. Central bank boss, John […]
30 Most Promising Young Entrepreneurs In Africa 2015
“Young entrepreneurs and those they inspire are the lifeblood of Africa’s rise.” – Tony O. Elumelu , Founder, Tony Elumelu Foundation Africa’s growing crop of young entrepreneurs will transform the continent and rewrite its future. And they are taking charge of that destiny now. Today, a growing number of Africans are building innovative technologies and […]