LCCI Holds Annual Security Meets Business Dialogue

AudioAge – Lagos, Nigeria – 02 February 2018 – The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and one of the leading voices in the organised private sector (OPS) in Nigeria has concluded plans to host its annual Security Meets Business Dialogue. As part of its public-sector engagement programs, the Lagos Chamber of Commerce and Industry initiated the “Security meets Business” dialogue session to create a platform for stakeholders in the economy to deliberate on the state of security in the country and its effect on the private sector.

The dialogue, which is billed to hold on Tuesday 6th February 2018 by 10:00 am at Eko Hotel and Suites, Victoria Island, Lagos, is expected to bring together key Security Agencies and major players in the various sectors of the economy, especially the organised private sector. The dialogue session would also explore collaboration possibilities between the Private Sector and the Security Agencies. The Forum will bring together Security Chiefs, leaders of the private sector, as well as members of the diplomatic corps to deliberate on issues of security and its effects on business.

According to Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry (LCCI) “The security of lives and properties is crucial to a thriving business environment. The LCCI believes that through these engagements, the government and private sector can identify and address issues bothering on the security of lives and properties.’’

He added that “the way out of the present security and prevailing social crises for Nigeria is collaborative engagements such as this because there can’t be real economic growth without enduring peace, stability and security of lives and property.”

                                                                      END

About LCCI

The Lagos Chamber of Commerce and Industry is the premier chamber of commerce in Nigeria. Founded in 1888 and incorporated in 1950 as a non-profit making organisation, the LCCI promotes, supports or opposes legislative or other measures affecting trade, Industry, commerce, and agriculture. The LCCI has over 1,500 registered members and is well known for its annual “Lagos International Trade Fair” which was launched in 1977.

SOURCE
Lagos Chamber of Commerce and Industry (LCCI)

MEDIA CONTACT
For more information, visit: www.lagoschamber.com

Moses Umoru Appointed As The Director General Of The Franco-Nigerian Chamber Of Commerce And Industry

AudioAge – Lagos, Nigeria – 01 February 2018 – Mr. Umoru Moses was on Monday 29th of January, 2018 appointed as the Director General of the Franco-Nigerian Chamber of Commerce and Industry (CCI France-Nigeria) by the Board of the Chamber.

Umoru joined the France-Nigeria Chamber in January 2016 as the Programs/Communications director and due to his outstanding service, appointed as the Interim Director General in September 2016.

He worked as a research analyst for Forthright Securities and Investment Limited (Member of the Nigerian Stock Exchange) in 2013 and moved to the Corporate Affairs department as the assistant head of Forthright Group of Companies. Upon working as staff of Forthright, Mr. Umoru bagged the best staff award for the year 2013 and 2014.

Umoru has a Bsc on Finance from the University of Benin, Masters in Project management, currently running his MBA from the Ahmadu Bello University, Holds several professional certifications in Finance, Strategic Management, and Communications and a member of various professional bodies.

SOURCE
CCI France-Nigeria

2018 African Economic Outlook: African Development Bank makes a compelling case for Africa’s industrialization

The Bank would organise the Africa Investment Forum on November 7-8, 2018 in Johannesburg, South Africa, to mobilise funds for infrastructure development, to bridge an estimated funding gap of $130-$170 billion a year

AudioAge – Abidjan, Ivory Coast – January 19, 2018 – The President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth.

Citing data from the Bank’s 2018 African Economic Outlook (http://APO.af/GHTmei) launched in Abidjan, Côte d’Ivoire, on Wednesday, Adesina said infrastructure projects were among the most profitable investments any society can make as they “significantly contribute to, propel, and sustain a country’s economic growth. Infrastructure, when well managed, provides the financial resources to do everything else.”

Noting that economic diversification is key to resolving many of the continent’s difficulties, he urged African governments to encourage a shift toward labour-intensive industries, especially in rural areas where 70 percent of the continent’s population resides.

“Agriculture must be at the forefront of Africa’s industrialization,” he said, adding that integrated power and adequate transport infrastructure would facilitate economic integration, support agricultural value chain development and economies of scale which drive industrialization.

He reminded the audience of policy-makers and members of the diplomatic corps in Côte d’Ivoire that economic diversification via industrialization with tangible investment in human capital will enable the continent’s rapidly growing youth population to successfully transition to productive technology-based sectors.

Adesina also highlighted the relatively unknown win-win situation that Africa’s industrialization can generate within the developed world, citing data from the report, which notes that “increasing the share of manufacturing in GDP in Africa (and other Less Developing Countries) could boost investment in the G20 by about US $485 billion and household consumption by about US $1.4 trillion.”

The Bank President highlighted various innovative ways in which African countries can generate capital for infrastructure development and what the Bank is doing through its ambitious High 5 development agenda to address the issues raised in the report.

He announced that the Bank would organise the Africa Investment Forum on November 7-8, 2018 in Johannesburg, South Africa, to mobilise funds for infrastructure development, to bridge an estimated funding gap of $130-$170 billion a year, up from previous estimates of US $100 billion per year.

New infrastructure financing gap estimates and innovative ways through which African countries can raise funds for infrastructure development are among the highlights of the 2018 edition of the report, which was launched at the Bank’s headquarters for the first time in the publication’s 15-year history.

The African Economic Outlook was first published in 2003 and launched mostly in various African capitals outside the Bank’s headquarters in May each year.

In his remarks, Célestin Monga, the Bank’s Chief Economist and Vice-President for Economic Governance and Knowledge Management, said the African Economic Outlook has become the flagship report for the African Development Bank, providing data and reference material on Africa’s development that are of interest to researchers, investors, civil society organizations, development partners and the media.

This year’s edition focuses on macroeconomic development and structural changes in Africa, and outlines economic prospects for 2018. The report emphasizes the need to develop Africa’s infrastructure, and recommends new strategies and innovative financing instruments for countries to consider, depending on levels of development and specific circumstances.

Abebe Shimeles, Acting Director, Macroeconomic Policy, Forecasting and Research, said the Bank will publish Regional Economic Outlooks for Africa’s five sub-regions. The self-contained, independent reports, to be released at the Bank’s Annual Meetings in May 2018, will focus on priority areas of concern for each sub-region and provide analysis of the economic and social landscape, among other key issues.

Participants at the launch session, moderated by the Bank’s Director of Communications and External Relations, Victor Oladokun, included members of the diplomatic community in Côte d’Ivoire, representatives of international organisations and multilateral development banks, civil society and the media.

The African Economic Outlook is produced annually by the African Development Bank. The full report is available in English, French and Portuguese at www.AfDB.org/aeo. Official hashtag: #2018AEO

For more information or to request a hard copy of the report, please contact:

SOURCE
African Development Bank Group (AfDB)

MEDIA CONTACT
Olivia Ndong Obiang, Principal Communication Officer, tel. +225 7575 0215, O.Ndong-Obiang@AfDB.org
Solange Kamuanga-Tossou, Media Relations Assistant, tel. +225 2026 2978, S.Kamuanga-Tossou@AfDB.org

Multimedia content

Guangzhou Automobile Company (GAC Motor) Secures Exclusive Rights for the Second Season of FORBES AFRICA: My Worst Day with Peace Hyde

The show has one of the highest viewerships on the Pan-African business channel CNBC Africa

AudioAge – Lagos, Nigeria – January 16, 2018 – Guangzhou Automobile Company (GAC Motor) (www.GAC-Motor.com), one of the top five biggest Chinese automobile manufacturers, has secured the exclusive rights for the flagship FORBES AFRICA television show, My Worst Day with Peace Hyde. The partnership comes after the successful launch of the first season, which profiled some of the leading business moguls including Aliko Dangote, Folorunsho Alakija, Tonye Cole, Herman Mashaba, Emir Sanusi Lamido Sanusi among many others.

“We are very pleased to have this new partnership with GAC Motor. The show has one of the highest viewerships on the Pan-African business channel, CNBC Africa (www.CNBCafrica.com), and has set the benchmark as the most engaging program featuring some of the most successful moguls of our time. To be able to continue the next season with such a prestigious brand like GAC is amazing,” says Peace Hyde, the show’s host and Head of Digital Media and Partnerships and West Africa Correspondent for FORBES AFRICA.

“We are proud to be part of this historic moment with FORBES AFRICA. We believe the two brands share the same vision of excellence and through the My Worst Day show, we hope to assure Nigerians that, no matter what they go through, good or bad, they can always rely on GAC Motors,” says Chief Diana Chan, Chairman of Choice International, owner of GAC Motor franchise, Nigeria.

“The FORBES AFRICA brand is renowned for its quality and prestige and we believe the partnership with GAC sits well with the brand. These are the types of people you do not hear from on a daily basis and for one program to be able to pull them together at the same time is a feat worth celebrating,” says Frederic Van de vyver, Head of CNBC Africa, West Africa.

About CNBC Africa:
CNBC Africa (www.CNBCafrica.com) is Africa’s most powerful multiplatform business media brand; owned by Africa Business News and headquartered in Johannesburg, is part of the global CNBC family, reaching audiences in over 100 countries. Together with its companion site CNBCAfrica.com, CNBC Africa focuses on business, money, finance and economic news originating from sub-Saharan Africa. CNBC is available in 90% of sub-Saharan Africa through DTH and satellite TV operator, Canal Plus, DStv, Kwese, MultiChoice Africa, StarTimes Nigeria, Vubiquity and Black. You can also access CNBC Africa through our digital live stream. CNBC has bureaus in over 15 cities, including, Lagos, Abuja, Johannesburg, Nairobi, Accra, Kigali. CNBC currently has an estimated patronage of over 500,000 viewers in South Africa. Viewership data in other markets is not currently available.

About ABN:
ABN (http://ABN360.com) offers a holistic approach to telling Africa’s business story – first. With much-esteemed international brands such as CNBC Africa and FORBES AFRICA providing a broadcast and print platform respectively, the ABN conglomerate also offers resources to organize world-class events across the African continent, through ABN Productions. The ABN Training Institute boasts state-of-the-art facilities to provide media training among many other courses, while ABN Digital is the company’s online presence for your up-to-date business and markets news. Through its sub-brands, ABN aims to be Africa’s leading aggregator and distributor of business and economic news.

SOURCE
CNBC Africa

MEDIA CONTACT
ABN Group

Multimedia content

Share
Twitter |  Facebook |  LinkedIn |  Google+ |  Tumblr |  Reddit |  Pinterest |  StumbleUpon

 

Africa: Telecom, Media and Tech leaders meet in Cape Town for regional investment event

Key decision makers from MTN, Vodacom, Econet Wireless, Safaricom, Millicom, Convergence Partners, Standard Bank, MainOne and Rand Merchant Bank are among the first key speakers announced for TMT Finance Africa in Cape Town 2018, which is taking place on March 15

AudioAge – Cape Town, South Africa- 10 January 2018 – The event gathers Africa’s top telecom, media and technology giants, plus their leading investors, financiers and advisers, to discuss future strategies for investment and regional growth. www.TMTfinance.com/capetown

Cape Town, South Africa will play host to the TMT Finance Africa event for the first time, which will see more than 200 regional and international telecom, media and technology leaders, investment bankers, investors, advisers and government representatives meet for a series of panel debates, visionary keynote speeches, structured networking sessions and private breakout discussions.

Around 70 speakers will be announced, with CxOs from leading operators confirmed from Vodacom, MTN, Econet Wireless, Safaricom, Millicom, Intelsat and 9Mobile; and financiers and investors including Standard Bank, Convergence Partners, Rand Merchant Bank, IFC, Absa Capital, Citi, Credit Suisse, Ethos Capital, Investec Asset Management, and Mamor Capital; plus tech and media companies including: Econet Media, Primedia, Letshego, iROKO, Uber, MainOne and WorldRemit, with around 30 more speakers to be announced www.TMTfinance.com/capetown/speakers

“Due to hugely popular demand from our global network, we are delighted to be bringing the TMT Finance franchise to Cape Town in order to meet the increasing demand for infrastructure and services in Africa’s flourishing TMT sector,” said Ben Nice, Managing Editor, TMT Finance. “South Africa is a critical hub for investment, M&A and innovation, and we are very excited to have already announced many of the region’s most influential people and leading companies for the event, which we envisage will now become a regular fixture in the TMT Finance global events calendar,” he added.

Key session themes announced include: Telecom Leadership Africa; Broadband Infrastructure Investment; Digital Africa; Mobile Tower Strategies; Mergers and Acquisitions; Private Equity Africa; Spectrum sharing; Regulation and Policy; Financing TMT; Investing in Mobile Data and Services; Mobile Payments and Banking, Fintech and M-Health; and Media and Convergence.

To see the agenda, go to: www.TMTfinance.com/capetown/programme

To register, go to www.TMTfinance.com/capetown/register/

SOURCE
TMT Finance

MEDIA CONTACT
 Enquiries@TMTfinance.com

Multimedia content