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Guinea News

  • Africa’s Growth: Nobel Laureate Joseph Stiglitz Calls For New Strategy

    BOTSWANA, 2017/10/19 Joseph Stiglitz has advised African nations to adopt coordinated strategy encompassing agriculture, manufacturing, mining, and service sectors to attain same success delivered by the old manufacturing export-led strategy. Prof. Stiglitz, an economist and professor at Columbia University, New York, gave the advice at the Babacar Ndiaye lecture series introduced by African Export-Import Bank (Afreximbank) which debuted in Washington D.C.
  • Ecobank launches mVisa across 33 African Countries

    BOTSWANA, 2017/10/19 Ecobank Scan+Pay with mVisa delivers instant, fasten cashless payment for goods and services by allowing customers to scan a QR code on a smartphone or enter a incomparable merchant identifying code into either a feature phone or smartphone Ecobank (https://Ecobank.com) has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to due access the funds in their bank accounts to pay person-to-merchant (P2M) or person-to-person (P2P).
  • Guinea says economic growth to dip to 5.8% in 2018

    GUINEA, 2017/10/17 Guinea’s economy will grow 5.8 % in 2018, down from an expected 6.7 % in 2017, the budget minister said on Tuesday, as it struggles with low commodity prices and unrest that has interrupted bauxite mining. The estimate is lower than the 7 % increase target authorities had been hoping to exceed in 2018, Budget Minister Mohamed Lamine Doumbouya told repoters in the capital Conakry.
  • ‘Betting on Africa to Feed the World’ – AfDB president Adesina

    BOTSWANA, 2017/10/17 The president of the African Development Bank, Akinwumi Adesina, will deliver the Norman Borlaug Lecture on Monday 16 October as part of the World Food Prize events taking place from October 16 to 20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture under the title: “Betting on Africa to Feed the World”, will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration.
  • World Teacher’s day: Gov’t urged to improve teachers’ productivity

    BOTSWANA, 2017/10/16 Cameroonian teachers nationwide have exhorted the Cameroonian government to empower teachers with the requisite tools to be able to deliver their best in the present fast-paced world. While commemorating the 23rd edition of world teacher’s day today, the teachers noted that the theme for this year’s celebration, “Teaching in Freedom, Empowering Teachers,” reaffirms that peace and security are needed for the development of any country.
  • Africa's Economic Future Depends on Its Farms

    BOTSWANA, 2017/10/16 At the same time as the economies of Nigeria and South Africa recently rebounded, it wasn't oil or minerals that did the trick. It was agriculture. Faster and additional sustainable agricultural increase is crucial not only to the continent's economy, but as well to its ability to feed and employ its surging people. Agriculture still accounts for a quarter of gross domestic product and as much as two-thirds of employment in sub-Saharan Africa. In fact, agricultural increase has the biggest impact on non-farm gain and reducing poverty.
  • Uber and African’s economic transformation

    BOTSWANA, 2017/10/16 WHEN Uber was initial established in 2009, its mission was to help people everywhere get a ride, safely, quickly and at the push of a button. Eight years later, that mission remains the same and Uber’s innovative, technology-driven business model is still fundamentally changing the way people think about conference their transport needs. For the completed four years, Uber has been delivering this same level of transformation across sub-Saharan Africa, SSA, and with additional than 1.8 million active riders using the app, Uber certainly has reason to celebrate its fourth anniversary on the continent this September. Uber And it’s not just Uber that has benefited from the stellar uptake of its convenient offering in Africa.
  • Africa Convergence: Towards Africa's economic growth

    BOTSWANA, 2017/10/05 To surpass the current physical and mental borders which are hindering the development of the African continent, conference the digital challenge to achieve an Integrated and sustainable economy for increase. This was the issue on the schedule of the second Africa Convergence Conference was attended by about 30 speakers from all sectors of activity and about 300 CEOs for an unprecedented dialogue on the next of the continent. As well on the table for discussion was : regional integration, financing, unearthing talents and emerging issues related to the harmonization of economies.
  • Digital IQ for African companies track global averages – but South Africa is at risk of falling behind

    BOTSWANA, 2017/10/04 Most organisations around the world have not done enough to keep up with the digital era – and leadership is falling short, with a lot of chief executives not from presently on fully engaged in the initiatives of digital transformation. African companies match their world peers in a lot of measures of Digital IQ: just over half (52%) rate their organisation’s Digital IQ as strong – a score of 70% or better. However, South African companies stand at risk, with less than half (47%) rating their organisation’s IQ over 70%. These are some of the highlights from the 10th edition of PwC’s World Digital IQ survey (http://APO.af/FZSmmw), with a focus on Africa. “Digital IQ has a different meaning today than it had at the same time as PwC (www.PwC.com) started this research a decade ago. Tielman Botha, Digital Lead for PwC South Africa, says: “Today, the scope and scale of digital-driven change has grown significantly, and organisations have invested a lot of time and money to keep up.
  • Rusal’s Restart of Operations at Guinea’s Dian-Dian Bauxite Mine Imminent

    GUINEA, 2017/09/29 Russian Federation aluminium behemoth UC Rusal told domestic media yesterday that plans are in the works to commission the 3-million-metric-ton-per-annum Dian-Dian bauxite mine in the African country of Guinea by next spring. Yakov Itskov, Rusal’s alumina business director, told Russian News Agency TASS that work at the bauxite mine was well underway at present. “We look forward to deliveries of initial bauxites to our alumina refinery in Ireland by next spring. We can proudly say today that we started bauxite mining [in Dian-Dian deposit – TASS]; initial 100,000 tonnes of bauxites [were mined]. We are constructing and producing in parallel.”