Africa

in Health

Africa’s Healthcare Industry Shows Investors Good Vital Signs

by Editor

August 1, 2016

Foreign investors are eager to tap one of the best-performing sectors in the African continent: Health sector.

in Experts

Former AfDB President Kaberuka Joins Center for Global Development

by Editor

January 5, 2016

Mr. Kaberuka, who stepped down as president of AfDB at the end of August after completing a successful two-term tenure, will work on finance and development issues at CGD as well as serve as a member of the CGD’s panel on Multilateral Banking.

Under his tenure, the AfDB became the top financial and technical institution serving the continent. Kaberuka steered the bank in a new direction to better serve the continent, with emphasis on investing in the continent’s aging infrastructures and providing financial capital to businesses such as farmers. He brought together the continent stakeholders and shareholders, both from the public and private sectors, senior government officials and business leaders along to strengthening the new directions in which the bank took.

in Deals

Orange Group Taps Afrostream To Develop Video-on-Demand Market in Africa, Europe

by Editor

October 6, 2015

If recent mobile technology deals are indications of where mobile technology and its related industry are headed in Africa, mobile video-on-demand streaming services could be the next big thing. At least according to recent moves made by French multinational telecommunications company, Orange, S.A., which recently invested in Afrostream, a Netflix-like subscription video-on-demand service for the African and European markets.

Across Africa, the expanding use of modern technologies has led to African entrepreneurs creatively trying to find solutions to Africa’s development problems and as well as develop new entertainment products specific for their markets.

Orange joins a clout of investors who in recent months, including a Silicon Valley-based seed accelerator, Y Combinator, that have funneled money into the SVOD streaming service company, to help propel it to compete with other aspiring Netflix-wannabe companies, and African entertainment iRoko entertainment targeting people in the continent and Africans in the Diaspora.