Topic: Business

Retail counts down to the World Cup

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By Shout-Africa – UK retailers are counting on a World Cup frenzy to boost sales after figures published by the British Retail Consortium revealed retail sales values rose a diminutive 0.8% last month. Clothing and footwear have benefited from sunny weather but retail bosses have even higher hopes that a combination of summer and football fever will encourage shoppers to splash their cash. Verdict Research in its latest forecast says that total retail expenditure will increase by £1.3 billion during the period of the World Cup, June and July 2010, compared with an increase of £1.5 billion during the same... Continue Reading

MONEYGRAM INTERNATIONAL EXPANDS INTO NIGERIA

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By Shout-Africa News – MINNEAPOLIS – MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that First Bank of Nigeria Plc has selected MoneyGram to provide money transfer services in its more than 500 locations across the nation. First Bank, established in 1894, is Nigeria’s oldest bank and one of the largest in terms of network size. First Bank has locations in all key cities including Abuja, Benin, Lagos, Iabdan, Port Harcourt, and Warri as well as a significant presence in rural Nigeria, some operating 24 hours a day, seven days a week, making MoneyGram services even more... Continue Reading

2AFRIKA, INC. Launches 2011 Wild Safari Sale to Tanzania

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By Shout-Africa News – NEW YORK, – 2AFRIKA, INC. announces its 2011 Wild Safari Sale to Tanzania. “We’re pleased to announce a significant reduction in safari prices for 2011,” company President Kenneth R. Hieber reported to the media. “For the last 15-years, we have remained consistent by always providing our passengers with the best savings possible,” he added. All of 2AFRIKA’s Tanzania and Kenya Safaris are on sale! While the rest of the world focused on the upcoming FIFA World Cup Soccer event in South Africa, always visionary, 2AFRIKA shifted its attention to East Africa where passenger arrivals are waning.... Continue Reading

America Funds Cape Verde

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By Shout Africa News -PRAIA,  — The United States African Development Foundation has committed new funds to serve marginalized communities in Cape Verde. The funding will benefit Associação das Mulheres Batucadeiras de Alto Gouveia (AMBAG) and Associação dos Trabalhadores para Defesa e Conservação da Biodiversidade (Biodiversidade). Both organizations face similar challenges to overcoming poverty. After signing the grants, USADF Chairman Jack Leslie stated, “The land where these grantees live makes it impossible for them to grow food and has forced community members to engage in dangerous activities to support their livelihood. These grants will serve some of the most impoverished... Continue Reading

Egypt Leads As An Outsourcing Destination

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By Novell Zwangendaba – TEXAS – Egypt’s Information Technology Industry Development Agency, will be showcasing Egypt’s global outsourcing capabilities and offerings at the 4th Annual Shared Services Exchange from June 6-8, 2010 in Austin, Texas. The invitation-only event is designed for executives focused on strategy and partnerships in delivering value from shared services opportunities. Egypt is one of the world’s fastest growing locations for global outsourcing and services, and has seen huge investments in the last year with companies such as EMC, Stream Global Services and Sykes Enterprise collaborating with ITIDA and outsourcing their business in Egypt. Mr. Hossam Megahed,... Continue Reading