The Hustler’s Digest – Dubai Investments Boosts Bilateral Trade in Africa

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Africa

Dubai invests $2.77m in Africa to sponsor bilateral trade

President and CEO of the Dubai Chamber and industry, Hamad Buamim says it has invested about $2.77 million in Africa to raise awareness of trade and investment opportunities, and to promote Dubai as an attractive business hub for companies on the continent. The chamber has effortlessly organized activities which have given a major boost to UAE-Africa trade ties by facilitating cooperation between businesses and investors on both sides.

Isabel dos Santos is the only African on Forbes 2017 ‘100 most powerful women’

The 44-year-old is the only African to make it to Forbes magazine’s ranking of the top 100 women for this year. Africa’s richest woman and daughter of the immediate past Angolan leader, Isabel dos Santos is the 74th most powerful woman in the world. Isabel who is currently head of the national oil firm, Sonangol, is believed to be worth $3.4bn as of November 2017.

Violence in South African province as ANC pressure rise

A battle for control is raging ahead of the African National Congress to choose a new leader, when President Jacob Zuma steps down as ANC chief in December. In the South African province of KwaZulu-Natal, at least 40 people have been killed. Violence has spread across the province on the country’s east coast. However, much of the killing can be traced back to hitmen hired from the notorious Glebelands complex of hostels in the provincial capital Durban World.

Cameroon

Cameroon’s government gives telecom operators 6 months to improve their services

Cameroon’s minister of post and telecommunication (Minpostel), Minette Libom Li Likeng, has made public the fact that, the telecom operators in Cameroon have been rendering poor services for the past years.

These operators include: MTN Cameroon, Orange Cameroon, Nexttel and Camtel. The audit which was conducted by the Swiss Cybercom Group revealed so many shortcomings possessed by the telecom operators. Due to this, the minister shuns them to fix the issue in 6 months time.

Camair-Co restores its international flight services

With the start of these new flights, we can clearly see signs of the success of CAMAIR-CO’s recovery plan. The airline plans for the following activities to be carried out; the repayment of CAMAIR-CO’s debt estimated at CFA35 billion approximately, the injection of CFA60 billion by the government, the extension of the network to 23 destinations, mainly domestic at first then regional and international.

Cameroon Court Sentences Opposition Leader to 25 Years in Prison

Aboubakar Siddiki was arrested in 2014, accused of plotting to destabilise President Paul Biya’s government. No credible evidence was presented to the court to convict him. However, on Monday 30, October 2017 he was sentenced to 25 years in prison. His lawyer and Amnesty International denounced the trial as politically motivated.

world

Apple shares strike record as iPhone X launches

The launch coincided with strong results for Apple, with sales increasing by 12% to $52.6bn (£40bn) for the three months to September. Analysts said Apple was now closer to becoming the first trillion dollar company, as shares rose by 2%. It sold more than 46.6 million phones in the July to September period, up 3% year-on-year. That produced $28.8bn, or more than half of its revenue.

 Twitter employee ‘deactivated’ Trump’s account

The @realdonaldtrump (twitter handle for US President Donald Trump) quickly varnished for a while.  A twitter employee deactivated his account and immediately lost his job.

Catalonians Protests over ex-ministers detention

Catalans began a protest against the detention of eight regional ministers who were sacked over Catalonia’s push for independence from Spain. Prosecutors are also seeking a European Arrest Warrant for ousted Catalan leader Carles Puigdemont, who did not show up in court and is now in Belgium.The officials who appeared in Spain’s high court  are accused of rebellion, sedition and misuse of public funds.

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Events

Jobs

Opportunities

  •  The bank of Uganda has organized an internship program for young Ugandans coming 2018. Become a part of it and gain insight on technical and administrative implementation of central banking programmes.
  • Government of Kenya presidential digital talent programme 2017/2018 (12 months ICT program for Kenyan graduates) has been launched. Application deadline is November 10, 2017.
  • Sage foundation’s enterprise fund 2018 for non profits worldwide ($ 500, 000 in grants) . Application closes on the 28 of November. Apply now
  • Apply for the Turkiye scholarships graduate program 2018 for Master and PhD studies in Turkey (Fully funded). Application deadline is November 30th
  • Music Omi international has launched a music residency program 2018 for musicians, composers and performance. The program is open to every talent around the globe. The latest day to apply is January 2nd

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