Finance & economy

January 20, 2019

1

Africa needs 12 million new jobs yearly to stop rising unemployment, report

Africa's general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020.

But improved macroeconomic and employment outcomes require industry to lead growth, according to the 2019 African Economic Outlook report, launched by the African Development Bank.

Published annually since 2003, the African"...

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January 20, 2019

2

UN entities support Ethiopia’s quest for policy coherence for the SDGs

The United Nations Department of Economics and Social Affairs (UNDESA), the United Nations Development Programme (UNDP) and the Economic Commission for Africa (ECA) have held a workshop aimed at enhancing Ethiopia’s policy coherence for the sustainable development goals through integrated climate, land, energy and water (CLEWS) assessments and institutional strengthening.

The three UN entities are implementing a capacity development project"...

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January 20, 2019

3

Advanced Finance and Investment Group buys 29.9 per cent stake in NEM Insurance

Nigeria’s NEM Insurance Plc has announced that Advanced Finance and Investment Group, an African private equity fund manager has, through AFIG Fund II, has completed an investment in the Company, by acquiring 29.9% of the Company’s shares from some existing shareholders of the Company (the “Transaction”).

This Transaction now makes AFIG Funds the largest shareholder in NEM, and marks the commencement of a strategic partnership"...

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January 20, 2019

4

Private Equity Group, AFIG Funds Acquires 29.9% Stake in Nigeria’s NEM Insurance

Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager has completed an investment in NEM Insurance, a leading insurance group in Nigeria.

Through an investment round known as AFIG Fund II, the fund manager has acquired 29.9% of NEM’s shares from some existing shareholders of the Company.

This Transaction now makes AFIG"...

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January 20, 2019

5

African Energy Chamber and African Oil Industry Congratulate Equatorial Guinea for Business Development Reforms

The African Energy Chamber (AEC), a representative body for the continent’s fuel industry, has welcomed a move by Equatorial Guinea’s government to improve the country’s business environment via the establishment of a one-stop shop for setting up businesses in the country.

“The implementation of Equatorial Guinea’s one-stop shop allows companies to set up a business in Equatorial Guinea in only one week, putting the"...

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January 20, 2019

6

Dewan Architects Clinches a Spot in the Top 50 of World Architecture 100 “Big List”

Dewan Architects + Engineers has for the 10th consecutive year received top honours from the prestigious UK industry publication Building Design Magazine.

Every year Building Design (BD) surveys the world's biggest architecture practices to create a report that is one of the most respected annual publications in the industry. Coming in at number 45, this is the second consecutive year that Dewan Architects + Engineers features in the top 50"...

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January 19, 2019

7

A Better Way to Earn Interest on Digital Assets

(AETOS Wire)-- Cred, the leading provider of crypto borrowing and lending with over $300 million in credit facilities, today announced the launch of CredEarn* on the Uphold platform. CredEarn allows Uphold customers to lend their crypto and fiat assets to Cred and receive up to 10% of annualized interest. “We’re thrilled to offer consumers the opportunity to earn interest on their digital assets and fiat currencies,” said Dan Schatt, Co-founder and President of Cred. “In a bear market, customers can benefit from the liquidity they receive when obtaining a fixed amount of interest in USD or Stablecoin. In a bull market, customers also benefit by receiving the full upside on the amount of crypto they originally committed.” CredEarn customers can commit to a six-month term with the ability to rollover assets for additional periods. No account minimum is needed and interest is paid out in U.S. Dollars or Stablecoin every three months on Uphold. The principal is paid back in the fiat or crypto amounts that were initially received. CredEarn......

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January 19, 2019

8

ISACA Announces 2019 Slate of Events for Business Technology Professionals Around the Globe During its 50th Anniversary Year

(AETOS Wire)-- ISACA, a global association serving technology audit, assurance, governance and cybersecurity professionals, celebrating its 50th anniversary in 2019, announced its annual event schedule, which includes learning opportunities focused on emerging technologies, innovation, best practices and professional development.

Disruptive technologies over the last 50 years and in the future of business"...

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January 19, 2019

9

The Brightline™ Initiative, led by Project Management Institute, to Support The Economist Davos Panel

(AETOS Wire)-- The Brightline™ Initiative, a coalition dedicated to helping executives bridge the gap between strategy design and delivery, along with Project Management Institute is hosting The Economist Events panel discussion entitled “Humans 2.0: Designing and Implementing a Future Proof Strategy.”

In line with Davos’ overarching theme, “Globalization 4.0: Shaping a Global"...

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January 19, 2019

10

FedEx Trade Networks Rebrands as FedEx Logistics

(AETOS Wire) -- FedEx Corp. (NYSE:FDX) announced today that FedEx Trade Networks, Inc. is being rebranded as FedEx Logistics. The new name describes the company’s ability to meet its customers’ increasingly complex and industry-specific supply chain, transportation, value-added services, and brokerage needs. FedEx Logistics provides specialty solutions that complete a simple, seamless and powerful global trade experience for FedEx customers around the world.

“We’re"...

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