Tag Archives: footprint

African entrepreneurs eye digital platforms to expand footprint – Xinhua

NAIROBI, Dec. 11 (Xinhua) — The new generation of African entrepreneurs are keen to harness opportunities provided by mushrooming digital platforms to expand their operations across the continent and beyond, executives said on Tuesday during the inaugural Africa e-commerce week underway in Nairobi.

Speaking at a high-level dialogue on trade and the digital economy in Africa, the founders of leading start-ups in the continent said that online trading will unlock the potential of indigenous enterprises.

Anna Ekeledo, executive director of Afrilabs, a Nigeria-based Pan African network of technology and innovation hubs, said that targeted use of digital platforms will enable local enterprises to explore new markets and expand their revenue streams.

“The digital commerce space has not been fully…

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SEACOM expands South African fiber footprint with FibreCo acquisition

SEACOM, which operates the submarine network of the same name as well as other undersea and terrestrial networks in Africa (see "SEACOM boosts …
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Latin America leaves footprint in synod document, bishop says – Angelus News

The call for missionary discipleship that has been at the heart of the new evangelization in Latin America and the Caribbean left its mark in the final document of the Synod of Bishops, a Puerto Rican bishop said.

Bishop Ruben Gonzalez Medina of Ponce told Catholic News Service Oct. 29 that the synod’s emphasis on the experiences of the disciples encountering Jesus on the road to Emmaus also was a familiar theme that had been explored at the Latin American bishops’ council meeting in Santo Domingo, Dominican Republic, in 1992.

“Throughout the (synod) document, especially for us in Latin America and the Caribbean, there are some clues where we are clearly identified because, of course, the pope is Latin American,” he said.

Puerto Rico made headlines in 2017 when a Category…

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How Olam leverages its African footprint to improve cocoa sustainability

Olam Cocoa, a fully integrated cocoa supplier, has been present in Africa for almost 30 years. The group’s African footprint spans Côte d’Ivoire, Ghana and Nigeria in West Africa, Cameroon and Republic of Congo (Brazzaville) in Central Africa and Tanzania and Uganda in East Africa.

According to the company’s sustainability director, the majority of cocoa it sources in the region is destined for export markets. “As of yet there is not a big local market for cocoa ingredients in origin countries, with much of global cocoa ingredients demand driven by North America, Europe and increasingly Asia,”​ Brooks explained.

Africa produces almost 70% of the world’s cocoa crop. In 2015/2016, the production of cocoa beans in Africa amounted to some 2.91 million metric tons, more than half…

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R&Q expands Caribbean footprint with novation of Barbados captive | News

The liabilities were novated into R&Q’s Bermuda based segregated account company.

Ken Randall, chairman and chief executive officer of R&Q, said: “We are delighted to have completed this transaction which further broadens R&Q’s field of activity across North America and the Caribbean.

“We continue to work diligently with a number of captive owners on solutions for partial or full disposal of their liabilities freeing up capital and removing management distractions.”

The transaction comes a day after R&Q unveiled its largest ever legacy acquisition with the $80.5mn purchase of Global Re, the US arm of reinsurer Gerling Global Re that went into run-off in 2002.

The run-off specialist also released its half year results yesterday, in which R&Q said it had enjoyed a “good performance…

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With New Niger Drone Base, Trump’s CIA Poised for Expanded African Footprint: NYT

The CIA under President Donald Trump has expanded its drone program in Africa with a recently built-up airbase in northeastern Niger the likely launchpad for surveillance and bombings across the region, the New York Times reported Sunday.

The expansion reflects the agency’s reclaimed authority to conduct covert lethal drone strikes—a capacity President Barack Obama curtailed but which Trump returned to the CIA soon after taking office.

The new base, the Times reported, is in the desert town of Dirkou. That makes it much closer to the militant hotbed of southwestern Libya than the Pentagon’s base 800 miles southwest in the capital of Niamey, and also closer than the Pentagon’s new massive and pricey drone base in the Saharan city of Agadez in central Niger.

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