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MTN Nigeria debuts with $6.5b listing in Nigeria Stock Exchange

Farieda | May 20 , 2019

MTN Nigeria, owned by South Africa’s MTN Group, on Thursday listed in Nigerian Stock Exchange (NSE) in a N2 trillion ($6.54 billion) flotation.

The listing turns the telecoms company into the exchange’s second-largest stock by market value. MTN Nigeria’s shares climbed 10 percent from their listing price of 90 naira after the float went live.

“The telecoms space accounts for a little over 9 percent of GDP so bringing in the big companies in that space is very critical for us and MTN being the largest and the market leader, this is a major listing for us,”… read more


South African woman conquers Mount Everest in 27 days, on fourth try

Farieda | May 17 , 2019

Once, twice, thrice she failed but for the failure seemed to have been only her booster. She has now made history after conquering the highest mountain above sea level, the famous Mount Everest.

This is the story of South African Saray Khumalo who is officially the first black African woman to make it to the summit of Mount Everest. It took her 27 days to get to the top of Mount Everest.

The government, local media and South Africans on social media are celebrating her feat. “Congratulations to iMbokodo Saray Khumalo for being the first Black African Woman to reach… read more


Egypt opens world’s widest suspension bridge

Farieda | May 16 , 2019

Egypt on Wednesday opened the world’s widest suspension bridge, across the Nile, in what is one of a series of military-led, mega-projects designed to improve infrastructure and provide jobs.

The bridge, which crosses the Nile just north of central Cairo, is a key link in a highway stretching from the Red Sea in the east to Egypt’s northwestern Mediterranean coast, and is meant to help reduce congestion in the capital.

Traffic ground to a halt in parts of central Cairo on Wednesday morning as president Abdel Fattah al-Sisi travelled to open the bridge with ministers and… read more


Zimbabwean scholar named one of the most inspiring women in the world

Farieda | May 14 , 2019

A Zimbabwean scholar will be honored with a life-size statue in New York alongside media mogul Oprah Winfrey, Hollywood stars Nicole Kidman, Cate Blanchett, and the popstar Pink for their work championing gender equality.

Tererai Trent is among 10 women who have been named most inspiring women in the world. The list includes conservationist Jane Goodall, activist Janet Mock, chemist Tracy Dyson, author Cheryl Strayed and Olympic gymnast Gabby Douglas.

All 10 women will have life-size bronze figures unveiled by StatuesforEquality in the United States on Women’s… read more


Global power management firm charts a path towards sustainable power for Africa

Farieda | May 13 , 2019

CAPE TOWN – Microgrid energy systems that incorporate energy storage and renewable energy can be effectively used to address Africa’s challenges of energy access, resiliency, and cost, global power management company Eaton Africa said on Friday.

Eaton Africa said it would be highlighting its drive to provide reliable and sustainable electricity access for all during the upcoming African Utility Week conference, taking place at the Cape Town International Convention Centre (CTICC) from May 14 -16.

“Our key objective is to enable broad access to energy-efficient… read more


Hefty rise in petrol price for May

Belanda | May 10 , 2019

Diesel 0.05 percent sulphur will increase by 1c/l, while the price of diesel 0.005 percent sulphur would remain unchanged, the department said in a statement on Sunday.

The wholesale price of illuminating paraffin would increase by 3c/l and the single maximum national retail price (SMNRP) of illuminating paraffin would increase by 4c/l. The maximum retail price for LPGas would increase by 84c/kg.

In a later statement on Sunday, Energy Minister Jeff Radebe said the main reasons for the increased fuel prices were that the rand on average had strengthened slightly against… read more


Meet Kinshasa’s first artificial intelligence robot

Farieda | May 10 , 2019

He is the first artificial intelligent robot drawing in the masses at a shopping center in Kinshasa.

Fred who is offering the services of a mobile phone company to users, has been drawing a lot of attention as it toured public places across the capital of the Democratic Republic of Congo.

Many people visiting the robot are fascinated by the artificial intelligence rather than the sales services it offered.

“This robot, it’s incredible. I love him but only a few improvements are needed for him, that would be great. It means, for example, talking directly with people,… read more


5 BUDGET-FRIENDLY WAYS TO PLAN MORE SUSTAINABLE EVENTS

Belanda | May 10 , 2019

Feeling powerless to make your events more sustainable? Want to make your events greener without having to ask your boss for permission or spending more money?

In her recent webinar, “5 No-Cost Ways to Green Your Events,” Julia Spangler, sustainable events consultant, offered tips for accomplishing just that, providing actions that event planners can implement right away to create more Earth-friendly events.

“Sustainable, zero-waste event planning can provide unexpected cost savings related to printing, event supplies, catering orders and more,” Spangler said in the webinar.… read more


S.Sudan, S. Africa sign six-year oil production-sharing agreement

Farieda | May 07 , 2019

South Sudan and South Africa on Monday signed a six-year production-sharing agreement for an untapped exploration block in the East African country, where production has been hit by civil war.

The Exploration Production Sharing Agreement for Block B2 was signed by Ezekiel Lol Gatkuoth, South Sudan’s Minister of Petroleum and Jeff Radebe, South Africa’s Minister of Energy, a Reuters reporter at the ceremony said.

Radebe said the South Africans had committed $50 million for exploration. South Africa was also interested in building a pipeline and refinery, he… read more


Nigeria’s Tiwa Savage, first African to ink deal with world’s top music group

Farieda | May 06 , 2019

Nigerian singer-songwriter Tiwa Savage says there’s a “revolution going on” in African music and she is “very humbled and excited” to take her music to a worldwide audience.

“It’s a beautiful journey, it’s history in the making,” Savage said Thursday of her newly announced recording deal.

Savage is one of the world’s leading Afrobeats artists and the first African artist to sign a global deal with Universal Music Group. It seems, however, she forgot to tell the most important person in her life.

“My mom was, ‘Tiwa! Why didn’t you tell… read more


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