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Latest News

17 August 2017
Post-sanctions Sudan: A unique opportunity for frontier-market investors?

Post-sanctions Sudan: A unique opportunity for frontier-market investors?

Those travelling to Sudan need to ensure they’ve downloaded all the apps they’ll require during their visit before leaving, as some popular apps are inaccessible in the northeastern African country.

11 August 2017
Why European companies need a long-term strategy in Africa

Why European companies need a long-term strategy in Africa

The history of Europe in Africa goes far back in time when the Roman Empire annihilated the ancient Carthaginian civilisation that is now Tunis, Tunisia. During the modern period, the...

10 August 2017
Cryptocurrency is the great African opportunity

Cryptocurrency is the great African opportunity

Cryptocurrencies are gradually being discovered in Africa. In countries like South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there is a semblance of digital currencies, primarily bitcoin, taking roots. Blockchain...

07 August 2017
Singapore–Africa: Changing Perceptions

Singapore–Africa: Changing Perceptions

Some eight years ago, trade and cultural relations between Africa and Singapore were limited to the presence of a few companies in the continent. Today, Singapore is very much a...

04 August 2017
Ethnic Politics And The 2017 Kenyan Elections

Ethnic Politics And The 2017 Kenyan Elections

Two tight opinion polls on the frontrunners of the 2017 Kenyan presidential election, just weeks prior to the 8 August vote, made it clear how potentially contentious the outcome could...

31 July 2017
Unpacking renewable energy in Africa

Unpacking renewable energy in Africa

The African Development Bank (AfDB) president, Akinwumi Adesina, describes energy as “the lifeblood of any society and the passport to economic transformation”. As such, energy is at the top of...

26 July 2017
Macron's FrançAfrique: Old Wine in a New Bottle?

Macron's FrançAfrique: Old Wine in a New Bottle?

In May, Emmanuel Macron won decisively against Marine Le Pen to become the 25th French President, and the youngest Head of State since Napoleon Bonaparte. Against Le Pen's anti-immigration and...

17 July 2017
Doing business in rural Africa: Strategies for success

Doing business in rural Africa: Strategies for success

There are various examples of companies doing thriving business in Africa’s rural areas. Through innovative sales, marketing and distribution tactics, they are overcoming common rural challenges such as under-developed infrastructure...

14 July 2017
Case study: How this Singapore tech company built a thriving business in Africa

Case study: How this Singapore tech company built a thriving business in Africa

Singapore is the home of CrimsonLogic, an information and communication technologies (ICT) company founded in 1988. Within only six years of its creation, it was already taking its first steps...

20 June 2017
Djibouti plays the West off against the Far East

Djibouti plays the West off against the Far East

China recently established a military base in Djibouti. Little is known about the base except that it may have capacity to house up to 10 000 troops. The military base...

12 June 2017
Africa’s growing leverage in business and trade relations

Africa’s growing leverage in business and trade relations

Hot on the heels of China’s US$1tn Belt and Road Initiative (BRI) Conference earlier in May, Indian Prime Minister Narendra Modi launched an equally ambitious ‘Asia-Africa Growth Corridor’ (AAGC) at...

09 June 2017
Is China’s Belt and Road Initiative just a bedtime story?

Is China’s Belt and Road Initiative just a bedtime story?

‘Once upon a time several routes led from China to central Asia and to Europe. It was called the Silk Road. People put things on camels and crossed the desert...

24 May 2017
Doing Business: Can Nigeria replicate the Singapore model like Mauritius did?

Doing Business: Can Nigeria replicate the Singapore model like Mauritius did?

It is undeniable that there is a correlation between a country’s business environment, foreign direct investment inflows and international trade performance. Countries that make setting up businesses easy, allow clearance...

22 May 2017
Can off-grid electricity power Africa?

Can off-grid electricity power Africa?

More than 640 million Africans, or about 60% of the continent’s population, don’t have access to reliable and affordable grid-connected electricity, and are therefore dependent on energy sources such as...

11 May 2017
Is South Africa a gateway for China’s investment in Africa?

Is South Africa a gateway for China’s investment in Africa?

Africa is the world’s second-largest and second-most-populous continent with 54 different countries, consisting of a large diversity of ethnicities, cultures and languages. After the end of apartheid more than two...

11 May 2017
Africa eyes its prized Continental Free Trade Area

Africa eyes its prized Continental Free Trade Area

Former Ethiopian prime minister Meles Zenawi didn’t like it when the African Union (AU) set tight deadlines that might never be achieved. At a debate about intra-African trade at the...

Latest Events

  • The NTU-SBF Centre for African Studies, a joint initiative between the Singapore Business Federation (SBF), Africa Business Group (AfBG) and the Nanyang Technological University (NTU), is pleased to invite Singapore companies to the seminar on “Economic Integration in Africa: Challenges and Business Opportunities”, organised in conjunction with the visit of the Centre’s Visiting Research Fellow, Dr Tjiurimo Alfredo Hengari, who is from Namibia.

    Economic integration has long been punted as a requirement to revive the Africa Rising narrative. Currently, intra-African trade is only between 12% and 15%. This is a far cry from the 70% of the European Union. It is said the Tripartite Free Trade Area (TFTA) will boost the intra-African growth rate to 30%, while the Continental free Trade Area (CFTA) will grow the rate by 50%. There are various challenges that need to be dealt with. In addition, the main question for foreign businesses is, how will this effect business opportunities in Africa?

     

     

  • The NTU-SBF Centre for African Studies, a joint initiative between the Singapore Business Federation (SBF), Africa Business Group (AfBG) and the Nanyang Technological University (NTU), is pleased to invite Singapore companies to the seminar on “The BRI and the AAGC as stimulants for Business Development in Africa”, organised in conjunction with the visit of the Centre’s Visiting Research Fellow, Dr Tjiurimo Alfredo Hengari, who is from Namibia.

    The Belt and Road Initiative (BRI) has created a lot of hype since its announcement in 2013 by the President of China, Mr Xi Jinping. More than 60 countries are involved, with a strong focus on infrastructure, ICT, trade and cultural ties. More than 3 years after the announcement of the BRI, the prime ministers of India and Japan announced the Asia-Africa Growth Corridor. Although spokespeople for the AAGC have stated that it is not set up to be a competitor for the BRI, it does seem to be.  The BRI mentions Africa as an afterthought, with only 3 countries directly identified, i.e. Kenya, Djibouti and Egypt. However, there are numerous bilateral and multilateral agreements between China and Africa in place, which creates the means for Africa to become involved. The AAGC, in contrast, has Africa as a specific focus. This seminar will compare the two mechanisms and identify potential business implications for African countries.

     

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Singapore 639798

 

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