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Africa Business News

Madagascar Tender and Business News

Vivendi and Orange Partner to Bring New Movie Theaters and Cinedays to Africa

French mass media conglomerate Vivendi and Paris-based telecom Orange are partnering to open new movie theaters across western and central Africa. The goal is to help reestablish the experience of movie-watching under the best technical conditions and in comfort, after three decades in which cinemas have all but disappeared in some area.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

WHO Helping with Madagascar Plague Outbreak

The World Health Organization (WHO) is moving quickly to respond to a plague outbreak in Madagascar which has spread rapidly to the capital and port towns. It has infected more than 100 people in only a few weeks.

Madagascar's New Agricultural Investment Plan Goes Through Major Review

The Land Policy Initiative (LPI), a joint project of the African Union, the African Development Bank and the United Nations Economic Commission for Africa, recently held a workshop in partnership with the government of Madagascar to review a major Country Report and Business Plan for the nation.

2nd Japan-Africa Biz Forum Yields 118 Business Matchups and One Telecom Deal

The 2nd Japan-Africa-Business Forum, with the theme "Investment and Business Opportunities with Africa", was held in Tokyo on July 25-26. Among the many connections made there, one key announcement emerged, as Burkina Faso's ZIL Telecom and Japan's Lequio Power Technology Corporation signed a West Africa distribution contract there.

South Africa's dti Hosts Madagascar Investors Conference

South Africa's Department of Trade and Industry (the dti), in partnership with the Depaartment of International Relations and Cooperation (DIRCO) and the Development Bank of South Africa (DBSA), are hosting the Madagascar Investors Conference on June 14 and 15.

Special Seminar Held to Train African Civil Servants on Economic Planning

A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.

CARE Issues Call to Action for Aid Donors for Southern Africa

As the worst drought in Southern Africa in 35 years takes its toll on the food supply, millions face hunger in Southern Africa. The organization CARE has just issued a loud call to donors to bring in the funds necessary to help what could be one of the last chances to prevent a major humanitarian disaster, in just a few months.

Madagascar Receives $1.3 B Pledge from World Bank Group for Development

As part of the Donors and Investors Conference for Madagascar just concluded on December 2, the World Bank Group announced it will be providing Madagascar with $1.3 billion over the next three years. The money will support the country's development as part of its already-announced national development plan.

New Publication Helps Guide African Companies Involved in Buyouts and Transfers

As the African economy heats up so too does the pace at which employees may be transferred within countries and across borders, as well as what happens during acquisitions, buyouts, and closures. Bowmans, a pan-African law firm, just published a Guide covering the potential employment consequences in business transfers in Botswana, Cameroon, Kenya, Madagascar, Nigeria, Senegal, South Africa, Uganda, Tanzania and Zambia.

Madagascar Innovator Wins Azisha Price for Youth Entrpreneurship

Heritiana Randriamananatahina, 22 year-old agriculture entrepreneur from Madagascar, was just named this year's winner of the Anzisha Price, Africa's premier award for youth entrepreneurship. His company, Fiombonana, is an agro-processing enterprise that manufactures dairy products and confectioneries using only Malagasy raw materials, employing farmers and providing local job opportunities.

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