Every month Africa HR Solutions curates the latest high impact news across Africa. Check out the top business news for October 2019.
After a 150-year absence, the annual thanksgiving festival of Ethiopia’s largest ethnic group returned to its capital.
Hundreds of thousands of Oromos descended on Addis Ababa to partake in the Irreecha festival, celebrating the end of the rainy months and welcoming the harvest season.
Thousands of Mara Phones, the first made-in-Africa smartphone, are expected to be manufactured at the plant, which was officially launched a week after its flagship factory was opened in Rwanda.
At the SA Investment Forum exactly a year ago, Mara Phone CEO Ashish Thakkar promised to make a R1.5bn investment in SA by opening a high-tech smartphone manufacturing facility.
Support for start-ups from the Middle East and North Africa region
Abu Dhabi is doubling down on its push into the technology sector with a $250 million investment to support start-ups from the Middle East and North Africa region.
Mubadala, Abu Dhabi’s state investment arm, announced Monday its new MENA tech funds will invest in companies and venture funds that help boost local tech incubator Hub71.