The financial services sector in Africa was identified as playing a critical supportive role in the continent’s development at the seventh KPMG Africa Conversation event held recently in Johannesburg, South Africa
Finance
Iweala-Okonjo’s transformation agenda
One of the major challenges of introducing fiscal consolidation was to stem leakages in oil revenues, said the Minister of Finance, Dr Ngozi Iweala-Okonjo
Nigeria is well on the path to fiscal stability, according to Dr Ngozi Okonjo-Iweala, Nigeria’s co-ordinating minister for the economy and minister of finance
Africa’s unstable labour market
A report by McKinsey Global Institute claims Africa has the potential to boost its GDP and in the next eight years create more jobs. (Image source: Amy the Nurse)
More than 60 per cent of people across the African continent are engaged in low-paying, unpredictable and informal jobs, which offer little security, according to the claims of a new report
Spacecom named best regional operator
Spacecom awarded 2011 best regional satellite operator and in 2015 will be launching a new satellite. (Image source: Tesat-Spacecom GmbH & Co. KG)
An announcement made at the World Satellite Business Conference revealed that Spacecom, operator of the AMOS satellite fleet, has been awarded 2011 best regional satellite operator
AfDB invests US$65 million in science and technology projects
AfDB will run courses at the University of Ibadan. (Image source: Michael Sean Gallagher/Flickr)
The African Development Bank (AfDB) recently announced that it has invested US$65mn in science and technology-related projects in Nigeria
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