"A prosperous Africa is exactly what the world needs to get out of recession," African Development Bank Group (AfDB) President Donald Kaberuka told a group of business, policy and economic leaders in Washington, DC on Monday. While there are challenges when it comes to encouraging people to recalibrate their approach to the region, Kaberuka said, the "leaders who are here are business people who are looking to engage in that challenge."
Mauritius has built up a solid reputation as an investment hub, reliable and safe in terms of good governance as well as ethical, economic and political transparency. This little country, which combines a lively feeling for business with an attractive lifestyle, has achieved one of the fastest growth rates in sub-Saharan Africa.
Massive slice of near-$20 billion market is available, says IDT.
Africa - shortly to become a one billion person market - is becoming a major focus for OTT players looking to exploit the growing mobile ecosystem. According to IDT Global's Jonah Fink, the continent's service providers have the capability to rise to the challenge OTT players provide. Speaking at today's VAS Africa conference in Johannesburg, Fink told a packed audience that speed and customer loyalty were key factors in the battle to win the African OTT war.
High demand for wireless application services expected from the financial services, retail, and media and entertainment sectors
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