Friday, July 1, 2022

Andersen Global adds depth to African platform with LIMA Partners

Andersen Global advances its African coverage through a Collaboration Agreement with Ghana-based tax firm LIMA Partners. Located in Accra, LIMA Partners, founded in 2014, offers services to local and international clients. Co-Founder and Managing Partner Kwame Amporful leads the team of experienced professionals specializing in tax advisory and compliance, accounting and consulting, secretary and regulatory compliance services.

H.E. Macky Sall leads inauguration of the largest purpose-built hospital ship

H.E. President of Senegal Macky Sall has inaugurated the largest purpose-built hospital ship and committed to accelerate access to surgical, obstetric and anesthetic care for the nations of Africa. Ceremonies commemorated more than 30 years of service in Africa.

Major research reveals African entrepreneurs are set for take off

African business leaders are expecting the entrepreneurial spirit to take off over the next three years on the back of an improved environment for business and greater political stability, new research for blockchain-based mobile network operator World Mobile shows.

NEC and Juniper deploy Algeria Telecom’s 5G-ready IP network

NEC Corporation, a network transformation services provider, and Juniper Networks, a player in AI-driven networks, announced they have worked with Algeria Telecom, a player in the Algerian telecommunications market, to roll out its IP metro commercial network to support current demand for increased capacity as well as future needs driven by 5G and FTTx.

The move to future-proof families and legacies on the African continent

Appetite for investment migration in markets beyond Southern Africa has been growing steadily over the past few years. Nigeria was the second-largest market (after South Africa) in terms of enquiries received by Henley & Partners in 2021, with growth of 15%. Three Northern African countries — Egypt, Morocco and Algeria — came in third, fourth and fifth, in terms of the number of enquiries last year, with respective growth of 25%, 19% and 33%.

The push and pull circumstances influencing wealth migration in Africa

The 2020s have heralded an era of instability across the globe. Since the decade began, two Cs have consistently driven interest in residence and citizenship by investment: Covid and climate change. In Africa, a third C — conflict — has also been a push factor for some time. Yet in 2022, conflict took center-stage as a global driver. The shockwaves that followed Russia’s invasion of Ukraine have reverberated across the world, creating even greater levels of uncertainty and volatility for individuals, families, businesses, investors and gov'ts alike.

Tecnotree’s Digital BSS Suite 5 adopted by MTN Uganda

Tecnotree, a Finnish-based global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), announces the go-live of its Digital Stack, for enterprise and consumer businesses with MTN Uganda, the largest telecom company in Uganda with over 15 million subscribers. The Digital Consumer stack enabled by Tecnotree Digital BSS Suite 5 benefits from a faster and more intuitive customer experience. The solution provides improvement in speed of service activation, as compared to the legacy platforms and provides other digital capabilities.

MVX aids 10 female-owned export SMEs to ship to the US at zero cost

Trade is linked to economic prosperity and has the potential to expand women’s role in the economy, create financial empowerment for women and expand women’s access to skills. According to the World Bank, trade can dramatically improve women’s lives, creating new jobs, enhancing consumer choice, and increasing women’s bargaining power in society. 

Africans torn between multiple diversified domicile portfolios

In 2022, the Caribbean island nations of St. Kitts and Nevis, Antigua and Barbuda, and Grenada are the most popular citizenship by investment programs that Africans ask about. Other favorites are the Montenegro Citizenship by Investment Program, which offers citizenship in Europe and all its associated benefits, such as visa-free travel to Europe’s Schengen Area countries, and the Turkey Citizenship by Investment Program, which has the Southern African countries predominated the growth markets on the continent in 2021.

Dissecting the emerging wealth hierarchy on the African continent

The pursuit of wealth is among the most universal of human endeavors. Regardless of their culture, their time of existence or the value system of their society, throughout civilizations and whichever deity they may have praised, humankind has pursued wealth.