Cote d’Ivoire tops Nielsen’s African investment list

first_img12 May 2016Cote d’Ivoire is the best sub-Saharan African destination for investors, with South Africa in the top seven, according to Nielsen’s 2016 African Prospects Indicators report. The report, the second published by Nielsen, collects and analyses business, retail and consumer information on sub-Saharan Africa for investors.Nielsen’s assessment lifted Cote d’Ivoire above Nigeria as offering the best return on investment. Kenya, Tanzania, Nigeria and Zambia made up the rest of the top five, with Cameroon at sixth and South Africa at seventh place.“Cote d’Ivoire’s position has improved based on its business outlook dimension, and it continues to rank top in terms of retail sentiment,” Allen Burch, Nielsen Africa MD, told CNBC Africa. “Despite the fact that it comes in third position on broader macro factors, its favourable economic growth and stable inflation climate and recent elections provide a fertile investment environment.”One of the key macroeconomic indicators the report measures is inflation. For Nielsen, inflation indicates conditions directly affecting consumers and their ability to save, spend or invest. Higher inflation creates unfavourable conditions and constrains growth. Zambia, for example, is notable as having the best ranking for consumers.Nielsen rankings: countries and categoriesTypes of media used in AfricaOverall opportunities for investment in AfricaAccording to Tarek Sultan Al Essa, CEO of Board of Agility in Kuwait, one of the six reasons there must be investment in Africa is that the continent needs connectors. “Lack of infrastructure hinders growth of imports, exports and regional business,” he wrote in WEF Agenda. “Companies that can connect Africans and markets can prosper.“Lessons from Dubai and Singapore tell us that once an infrastructure race is on in a rapidly expanding market, being the first mover is a significant advantage for investors.”The other factors Sultan Al Essa cited as improving investment prospects in Africa are:African trade barriers are falling and intra-African trade holds enormous potentialIncreased processing of local commodities – such as minerals, coffee and cotton – rather than exporting them in raw form could drive growth. That said, it will continue to be a challenge for regions with poor power and infrastructure to compete as global manufacturers.Customers are changing“Educated, urban professionals are young, brand-aware and sophisticated in terms of their consumption,” said Sultan Al Essa, adding that small to medium enterprises need to meet the demands of working alongside international supply chains to better compete with global brands.Digital transformationAfrica leads the world in mobile adoption. Improved communications infrastructure offers Africa new and innovative cross-sectoral economic opportunities. Ethiopia set up a telephone hotline in 2014 allowing small farmers immediate access to advice from agronomists. Over 3-million calls were received in the first six months of the pilot programme.Africa is diversifyingAfrican countries are packaging themselves to appeal to a broader set of investors. These countries are beginning to place bets on non-commodity areas where they can be competitive.Africa can lead in sustainable developmentIt is an advantage that Africa has so much unused or poorly used arable land. This gives the continent the opportunity to reap big agricultural breakthroughs and improve productivity in food production. Sources: CNBC Africa and the Africa’s Prospects Indicators digital report.last_img read more

What3Words and Gateway are creating a safer community

first_imgUsing an innovative global mapping system, a British company is helping to bring healthcare to some of South Africa’s most difficult-to-find places.plans.backer.toned. An example of a rural KwaNdengezi address using what3words. (Image: what3words)Sulaiman PhilipKwaNdengezi, outside Durban, is a community of 54,000. It is a collection of brick buildings and self-built homes of zinc sheeting, recycled bricks and wood. What roads do exist do not have names and unless you live in the sprawling 14km² township, it is easy to get lost.Thembinkosi Lesley Dladla, an Emergency Management Rescue Services (EMRS) shift supervisor, explained: “As an EMRS [officer], my work doesn’t have any boundaries – we work the whole of Durban. It’s very difficult in the townships, because they don’t have road names written, and they also don’t have house numbers.”Ambulances can take hours to reach patients. Often a whole day will pass before an ambulance can find patients. They, as well as community health workers, have to rely on residents to give them directions. For the community, descriptive directions are the easiest ways to navigate the chaotic streets of the township.Take the directions Dladla gave to the Gateway blog, for example: “Take a left at the church, then right at the school and it’s a red door.” These can be misunderstood or misremembered, require detailed local knowledge and take a long time to explain. There are also no street lights, so using landmarks to find your way is almost impossible at night.Gateway and what3wordsA local health NGO, Gateway Health Institute, is piloting a project in KwaNdengezi that will map the entire township. For the first time residents will have an address they can use when calling for medical help.The NGO is using what3words, a global online mapping system, to create unique addresses for the township. The system breaks the globe into a grid of 57 trillion 3m x 3m squares. Each has a pre-assigned and fixed three-word address.Gateway’s fieldworkers helped residents identify their locations on a satellite map and then printed their three-word addresses on plastic signs that were attached to their homes. The addresses are registered in a database, and the NGO is able to identify what medical services are needed where. The mapping service has helped to increase the number of pregnant women receiving home visit antenatal care. When medical help is needed it can be dispatched to a mapped location and ambulance crews know where to go to provide life-saving assistance.Residents are known to keep copies of their what3words addresses in their bibles. (Image: What3words)Beyond providing addresses to homes in KwaNdengezi, Gateway is also mapping community assets such as local government centres, clinics and pumps that provide clean drinking water. The aim is to build a detailed map for the residents that can be used by businesses and the government to improve the lives of the community.The project was begun by Dr Coenie Louw, founder and director of Gateway. “For those living in informal settlements and rural areas, ‘location’ presents the biggest challenge in providing health services and products. In these areas demand is high but delivery is poor. What3words changes all that. By providing every property with a unique address, residents now have a simple and reliable way to identify their homes.”Addressing a problemGateway runs community health services in disadvantaged communities across the country. The most important medical services it offers are delivery of medicines and emergency transport for women in labour: 50% of births in KwaNdengezi take place at home; before the project began an ambulance could take up to four hours to reach a woman in distress.At first, Louw tried using phone masts to triangulate locations but he found that location could be up to 3km from a person needing assistance. “I spent two years trying to find a way to actually pinpoint the location of a pregnant woman in distress.”Dr Coenie Louw, founder of Gateway Health Institute, introduced what3words to KwaNdengezi. (Image:what3words)What3words is the perfect solution, which Louw found while doing internet research. A three-word address is perfect in areas such as KwaNdengezi because it is easy to remember and simple to share via message or SMS. What3words uses USSD technology and is a free download to any phone. It also works even if the resident does not have available data.Chris Sheldrick, CEO and co-founder of what3words told Gateway: “Helping them [Gateway] to overcome one of their most fundamental barriers for delivering these services is something we’re very proud of. Addressing these communities is the first step to improving their economic and social development, and indeed to changing lives.”The project is also being used to alleviate unemployment in the township — 11 previously unemployed youngsters were trained as fieldworkers to help residents identify their addresses and to help load location and health information on Gateway’s database.How what3words worksThe system is available in 14 languages and is used in 170 countries by NGOs, government services and businesses. In essence, every centimetre of the globe has a unique address that is easier to remember and communicate, is more accurate and is simpler to use than directions based on landmarks.marginal.cabin.gearbox is the what3words address for the Brand South Africa office. Neighbouring The Nelson Mandela Centre of Memory, a short walk away, is senior.blinks.punk. Similar word combinations are not placed close to each other. If you spell a word incorrectly, the system will give you suggestions for the best possible location.An estimated 4 billion people have no address. For these people it is impossible to open a bank account or get deliveries or, as in the case of the residents of KwaNdengezi, be reached in an emergency. What3words is designed to improve the lives of these people.Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

La Salle books UAAP finals return, ousts Adamson

first_imgRead Next Brace for potentially devastating typhoon approaching PH – NDRRMC Stronger peso trims PH debt value to P7.9 trillion MOST READ Photo by Tristan Tamayo/INQUIRER.netDefending champion De La Salle returned to the Finals after upending third seed Adamson University, 82-75, in the Final Four Saturday at Smart Araneta Coliseum.The no. 2 Green Archers, who had a twice-to-beat advantage, await the winner of the series between Ateneo and Far Eastern University.ADVERTISEMENT View comments LATEST STORIES Typhoon Kammuri accelerates, gains strength en route to PH Japan ex-PM Nakasone who boosted ties with US dies at 101 Kris Aquino ‘pretty chill about becoming irrelevant’center_img Reyes: Gilas prepared to play without Blatche QC cops nab robbery gang leader, cohort Kammuri turning to super typhoon less likely but possible — Pagasa When the Falcons finally got their bearings back late in the game, the Green Archers were already hard to stop. La Salle made a living from the free throw line, making 26 out of 39 attempts off 33 fouls called on Adamson. The Falcons, on the other end, went 2-of-5 from the charity stripe on the Green Archers’ 12 fouls.Ben Mbala led La Salle with 27 points, 11 of which came from the free throw line, to go along 14 boards while Santi Santillan added 15 points and eight rebounds.Jerrick Ahanmisi had 17 points to lead Adamson while Robbie Manalang added 16 points.ADVERTISEMENT After trailing 63-54 at the end of the third, La Salle mounted a 14-0 run with Aljun Melecio capping it off with a rebound put-back that gave the Green Archers a 68-63 lead with 6:03 left in the game.La Salle’s lead then ballooned to eight with 52 seconds remaining after Melecio replicated his earlier play that gave the Green Archers a 78-70 buffer.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“We were focused,” said Green Archers head coach Aldin Ayo. “I always tell my players that there are situations that they should do on their own accord. If you want to win, you have to do things that are not asked of you.”Adamson fizzled in the second half after a strong start, going without a field goal for more than five minutes into the payoff period that allowed La Salle to take over. CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Don’t miss out on the latest news and information. Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Gameslast_img read more

a month agoChelsea midfielder Mount feared long-term injury

first_imgAbout the authorFreddie TaylorShare the loveHave your say Chelsea midfielder Mount feared long-term injuryby Freddie Taylora month agoSend to a friendShare the loveMason Mount has revealed he feared he had suffered a long-term injury against Valencia last week.The midfielder was substituted after 15 minutes during the 1-0 loss, but returned to start against Liverpool on Sunday.”As soon as I did it I thought it was going to be a long-term injury,” Mount said.”But then I iced it and it calmed down and I realised it was not as bad as I first thought. The next day I was jogging on it a little and from then I knew there was a chance of me being involved [against Liverpool yesterday].”There is still swelling there now but it is solid and I felt good and I trained the day before. I was pretty positive the day before the game that I would be involved.”He added: “You have to block the injury out of your mind and focus on the game.”When I had that chance which I felt I should have scored I rolled my ankle a little bit and it felt fine. It was fine throughout the whole game. It was solid.”Your Champions League debut, you don’t want it to end so soon, but that is football, it happened, and I try to stay positive. “I looked forward to the Liverpool game and set a goal that hopefully I could get ready for that. I feel like I am a quick recoverer and we worked on it hard and I was able to get back.” last_img read more

4 days agoArsenal boss Emery fumes over Sokratis penalty call: Where was VAR?

first_imgAbout the authorFreddie TaylorShare the loveHave your say Arsenal boss Emery fumes over Sokratis penalty call: Where was VAR?by Freddie Taylor4 days agoSend to a friendShare the loveUnai Emery believes Arsenal were robbed of a clear penalty against Sheffield United on Monday night. The Blades won the match 1-0 thanks to a first-half strike from Lys Mousset.But Emery says the Gunners were unlucky not to have a chance to equalise from the penalty spot after Sokratis was fouled in the box.He told Sky Sports: “The scorer was with our goalkeeper and we had three players free to attack the ball. They gave us a key moment – the goal and another one when we should have had a clear penalty on Sokratis.”Bukayo Saka drives forward but I do not know if it was a penalty. It is a hard action for a yellow card. With VAR, the foul on Sokratis should have been reviewed. it was clear but we have to accept it.” last_img read more

Prince Harry Hits The USA For Charity

first_imgPrince Harry received a fantastic welcome when his tour of America began last week – and a glowing tribute from First Lady Michelle Obama.Hundreds of people greeted him on Washington’s Capitol Hill when he attended an event promoting the HALO Trust, an anti-landmine charity he supports.And when he was announced as a surprise guest at a White House tea reception honouring military mothers he received a standing ovation and more whoops of delight from US servicewomen and their children. He was a surprise guest whose attendance had been kept secret from the 170 invited mothers, grandmothers and youngsters.Mrs Obama and Dr Jill Biden, the wife of Vice President Joe Biden, hosted the White House event in honour of military mothers.It was part of their Joining Forces project, a nationwide initiative launched in 2011 to encourage Americans to support and provide opportunities for the military and their families.Before Prince Harry was introduced to the military mothers he had joined their children who were making Mother’s Day goody bags in the White House’s state dining, filling them with bouquets of roses, edible salted dough jewellery and baked crisps.With Mother’s Day traditionally held on the second Sunday of May in America, the children were busy at work. But The Prince soon joined in bending down to talk to the children and pulling faces and joking with the youngsters.At one point Mrs Obama joked that the parents were getting “a couple of minutes of free babysitting”.Earlier in the day Prince Harry was given a deafening welcome when he arrived at the Russell Senate Office building on Capitol Hill for a photographic exhibition highlighting the work of the Halo Trust.He was joined by former presidential candidate Senator John McCain who stepped in as a replacement for his wife Cindy, a leading US anti-landmine campaigner, after she was taken ill.The Prince has followed in the footsteps of his mother Diana, Princess of Wales by supporting the Halo Trust, founded in 1988, and this year the became Patron of its 25th anniversary appeal.Prince Harry also visited Africa to promote the charity’s work travelling to Mozambique in 2010 where, under supervision, he detonated several mines and met people who had lost limbs to landmines.Mr McCain, a former fighter pilot who was held hostage after being shot down in Vietnam, said: “He knew I had been shot down and I told him he was probably a much better pilot than me because he hadn’t been shot down.”The tour will also take The Prince to New York where he will support the Great Campaign, a government initiative which promotes the UK around the world on the back of the success of the Diamond Jubilee and London 2012.Prince Harry will also attend a baseball event in the Big Apple as he promotes a sports programme involving his Royal Foundation. On the final day Prince Harry will play in the Sentebale Polo Cup in aid of his Africa-based charity.Source:PrinceHenryOfWales.orglast_img read more

Toronto stock index moves slightly lower US stock markets rise

first_imgThe Toronto Stock Exchange’s main index slipped slightly lower Monday, while markets south of the border inched forward after seeing some losses earlier in the day.The S&P/TSX composite index shed 13 points to 16,026.26.The indice’s performance is tied to geopolitical tensions, said Kash Pashootan, CEO and chief investment officer at First Avenue Investment Counsel.Ongoing trouble between the U.S. and North Korea, as well as other global political issues have led to concerns about an oil supply disruption, he said, driving the commodity price higher and creating a resource-rooted rally for the exchange.However, the price of oil didn’t move much Monday — with the December crude contract gaining two cents to US$56.76 per barrel — leaving the TSX relatively flat as well, Pashootan said.On Wall Street, indices continued to question whether U.S. President Donald Trump will deliver on promised reforms, like a corporate tax cut, Pashootan said, and indices dipped into the red.“But there’s no question that the underlying enthusiasm and appetite for buying equities continues to remain strong,” he said, adding that’s what lifted indices before markets closed.The Dow Jones industrial average gained 17.49 points to 23,439.70, the S&P 500 index rose 2.54 points to 2,584.84 and the Nasdaq composite index advanced 6.66 points to 6,757.60.Pashootan expects U.S. markets to show volatility over the next couple of quarters, moving higher when optimism about Trump’s reform grows and retreating at any sign of challenges in the president’s way.Elsewhere in commodities, the December gold contract rose US$4.70 to US$1,278.90 an ounce and the December copper contract advanced roughly four cents to about US$3.12 a pound. The December natural gas contract fell about five cents to roughly US$3.17 per mmBTU.The Bank of Canada, which publishes the daily average exchange rate of the Canadian dollar, is closed in lieu of Remembrance Day.By Aleksandra Sagan in Vancouver.Follow @AleksSagan on Twitter.last_img read more

Egypt video of student sexually harassed at university goes viral

first_imgBy Abdelatif Ait AaziCasablanca- In a video that went viral on social media, a female university student who can be described as having long blond hair, wearing black pants and a pink sweater, was aggressively harassed both verbally and physically by a group of male colleagues who were shown trying to strip her clothes off her. The woman took refuge in the bathroom from the dozens of male students who were grabbing her until university security escorted her from the campus. But instead of condemning the behavior of students who harassed the young woman, the head of the Cairo University put the blame on her, arguing that she made a “mistake” when she dressed in an “unusual or inappropriate way” on campusSpeaking to the Egyptian private channel ONTV on Monday, the head of Cairo University, Gaber Nasser, said that “this girl entered the university wearing an abaya (loose cloak) and then took it off in the university “The girl’s mistake doesn’t justify [the male students’] behavior,” said Nasser, adding that the university does not allow students to wear “unusual or inappropriate” outfits on campus.“We will find out who is guilty – whether the girl or the [other] students – and we are going to punish them with the proper punishment, which might be expulsion from the university,” he was quoted by the The Guardian as sayingThe head of Cairo University added that the whole incident was monitored by security cameras and the harassers will be investigated.Egyptian women report that they encounter harassment even if they dress conservatively.According to a study conducted in 2013 by UN Women, more than 99% of women in Egypt have been subjected to a form of harassment.Edited by Sahar Kian© Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributedlast_img read more

Win 300 Hotel room nights sweepstake

first_imgQueenstown is giving away 300 hotel nights in September and October as operators encourage visitors to the Rugby World Cup (RWC 2011) to also attach a side trip to Queenstown.Although the city will not be hosting any games, Destination Queenstown is running a week-long spring sweepstake to give potential visitors the chance to win 300 free hotel room nights. Destination Queenstown chief executive Tony Everitt said the promotion is a good opportunity for international visitors to ‘bag a bonus’ for their big trip and relax in Queenstown during Spring whilst New Zealanders will can enjoy a great value getaway.“We’re aware that some people might be putting off a trip because they think accommodation may be expensive or hard to find.  In fact here in Queenstown there’s still very good availability in our hotels and across all accommodation types and price ranges, from budget to five-star, during September and October,” Mr Everitt said. Destination Queenstown encourages anyone from around the world to enter the sweepstake which will open on the 01 August until the 08 August 2011, all accommodation prizes are being contributed by 19 local members of the New Zealand Hotel Council.Each winner will receive two consecutive nights for two people at their respective hotel, therefore 150 lucky winners and their partner will have the opportunity to experience Queenstown’s warm hospitality.Full details on the spring sweepstake are available on the Destination Queenstown website and Air New Zealand’s Twitter followers and Facebook pages. Queenstown Source = e-Travel Blackboard: S.Plast_img read more