McKinsey Research Shows Total Consumer and Business Spending in Africa Could Hit $5.6 Trillion by 2025

McKinsey Research Shows  Total Consumer & Business Spending in Africa Could Hit $5.6 Trillion by 2025

Although Africa's growth has slowed, the long term  fundamentals are strong, big business opportunities lie ahead and the overall outlook is positive.

After Mark Zuckerberg's Visit, Tech and Media Heads Meet in Lagos

PRESS RELEASE

Tech and Media Leaders Meet in Lagos to Assess Investment and Growth Strategies

Poised to become the technology and investment hub for Africa – Lagos, Nigeria will play host to the event for the first time

LAGOS, Nigeria, September 14, 2016/ -- Leading strategy and investment heads from technology and telecom giants including Google, Uber, Intel, Africa Internet Group, Vodacom, Airtel, Nokia and Etisalat are meeting in Lagos on September 20 to discuss strategies for investment and regional growth at TMT Finance Africa in Lagos 2016http://www.TMTFinance.com/Lagos/.

Poised to become the technology and investment hub for Africa – Lagos, Nigeria will play host to the event for the first time, which will see more than 150 regional and international telecom, media and technology leaders, investment bankers, investors, advisers and government representatives meet for a series of panel debates, networking sessions and private roundtable discussions.

“Nigeria is fast becoming one of the most innovative and dynamic places in the world for technology and mobile connectivity, and we are delighted that household names such as Google, Uber, Intel and Africa Internet Group will be represented at the conference alongside some well-known Nigerian tech and media companies such as Sliide, iRoko and Andela, which is backed by Mark Zuckerberg’s Chan Zuckerberg Initiative,” said Ben Nice, Director, TMT Finance Africa in Lagos. “However, there are still many challenges that some of these companies face, including a lack of access to adequate financing, which is where TMT Finance Africa in Lagos should help to plug the gap and get the dialogue going between the genuine decision makers,” Nice added.

Leading investment banks will be represented by key institutions such as Standard Bank, Citi, IFC, Barclays, Africa Finance Corporation, Access Bank and FNB, while private equity firms speaking at the conference include: Convergence Partners, African Capital Alliance, ECP and Carlyle.

Over 80 C-level speakers are confirmed for the conference, and only a limited number of tickets are still available, and can be purchased on the websitehttp://www.TMTFinance.com/Lagos/register/

Innovation and technology investment will form a key part of the agenda, including specific sessions on: Investing in Innovation, eCommerce Africa, Media and Content Strategies, Venture Capital Africa, Connecting the Unconnected, Africa Mobile Payments and Digital Africa.

For more information go tohttp://www.TMTFinance.com/Lagos

Register atwww.TMTFinance.com/Lagos/register

Distributed by APO on behalf of TMT Finance.

Media contact:
enquiries@tmtfinance.com

SOURCE
TMT Finance

41st Annual Toronto International Film Festival Complete Films Lineup

Programmes

The following films were selected:

Gala presentations
A Monster Calls by J. A. Bayona
Arrival by Denis Villeneuve
Deepwater Horizon by Peter Berg
The Edge of Seventeen by Kelly Fremon Craig
The Headhunter's Calling by Mark Williams
The Journey is the Destination by Bronwen Hughes
JT + The Tennessee Kids by Jonathan Demme
LBJ by Rob Reiner
Loving by Jeff Nichols
The Magnificent Seven by Antoine Fuqua
Norman: The Moderate Rise and Tragic Fall of a New York Fixer by Joseph Cedar
Planetarium by Rebecca Zlotowski
The Promise by Terry George
Queen of Katwe by Mira Nair
The Rolling Stones Olé Olé Olé! : A Trip Across Latin America by Paul Dugdale
The Secret Scripture by Jim Sheridan
Snowden by Oliver Stone
Strange Weather by Katherine Dieckmann
Their Finest by Lone Scherfig
A United Kingdom by Amma Asante

Lagos is A Country

• Lagos is currently the 5th biggest economy in Africa.
• Lagos city is Africa's largest megacity with the highest GDP.

• The immediate former Governor of Lagos State, Mr. Babatunde Raji ­Fashola, SAN, once dropped the following bombshell so calmly it would have been easy to miss: he believes the city’s optimum population is 40 million. ~ Fashola, The Man Who Transformed Lagos - Matthew Green Of Financial Times - Politics - Nigeria http://www.nairaland.com/3315702/fashola-man-transformed-lagos-matthew
• Former Governor of the Central Bank of Nigeria, the current Emir of Kano, Alhaji Muhammad Sanusi said:

“As it stands today, Lagos’ role on the economic future of Nigeria is critical than what people think of the Niger Delta region.
He said Federal Govern-ment can learn from Lagos policies formulation that boost business and attract investors, adding that the Lagos example can bail the country out of its economic woes.
http://www.vanguardngr.com/2016/08/emir-of-kano-to-fg-emulate-lagos-on-economic-policies/

• Lagos is developing new cities with the Eko Atlantic City already in progress and Lagos Smart City project on the drawing board.
• Dangote Group is building the largest refinery in Africa in Lagos.
• A new international airport and new seaport are in progress in Lagos.
• Lagos attracted Mr. Mark Zuckerberg, Cofounder and CEO of Facebook in his first trip to sub Saharan Africa in August, 2016. He is investing in ICT startups in the technological ecosystem of Lagos State.
• Lagos has more international five star hotels than any other country in West Africa.

Watch out for more in "Lagos is A Country" documentary film by Ekenyerengozi Michael Chima, the producer and director of "Lagos in Motion: Sights and Sounds of Africa's Largest Megacity".

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The Aso Villa Demo Day Was A Political Public Relations Scam

The Aso Villa Demo Day Was A Scam: How Mark Zuckerberg and Airtel Were Misled By Organisers - Says A Finalist.

The Real Truth About The Aso Villa Demo Day.

Click here to read the full report.

Niger Delta Petroleum Resources To Expand Refining Capacity

Chemex Modular Selected by Niger Delta Petroleum Resources to Expand Leading Nigerian Refinery

Mark Zuckerberg Visits Nigeria and Sees the Digital Future of Nollywood

Mark Zuckerberg Visits Nigeria and Sees the Digital Future of Nollywood 

Mark Zuckerberg with Chike Maduegbuna, CEO of Afrinolly and his staff.

It was a very tranquil Wednesday afternoon on August 31, 2016 when Mark Zuckerberg, the famous Co-founder and CEO of Facebook came to Afrinolly Space in Oregun, in Ikeja on the mainland of Lagos, Africa’s largest megacity and the commercial hub of the continent. Mark and his Facebook team wanted to see the digital hub of Nollywood, Nigeria’s phenomenal film industry. Afrinolly is like the Silicon Valley of Nollywood created as a dynamic ecosystem for the provision of creative platforms and economic opportunities for established and emerging filmmakers (Content creators), mobile technology developers, innovative voices (Screenwriters), animators (Graphics and VFX), contemporary artists and the cultural industries.

Facebook CEO Mark Zuckerberg in Nairobi To See Kenyan Innovation in Action

PRESS RELEASE

Facebook CEO visits Nairobi to see Kenyan Innovation in Action

Zuckerberg is in Kenya to see how technology innovation is changing the country

LONDON, United Kingdom, September 1, 2016/ -- Facebook (www.Facebook.com) CEO Mark Zuckerberg is visiting Kenya this week on his first trip to Africa, using his time in the country to visit the iHub technology hub in Nairobi, meet with developers and partners, and explore how the country’s pioneering mobile money ecosystem is evolving.

Singapore Signs Bilateral Agreements With Ethiopia, Mozambique and Nigeria

IE Singapore's initiatives strengthen economic ties between Singapore and Africa with bilateral agreements and the opening of a third office 

• IE Singapore moved to Nairobi, Kenya-his third overseas center in Africa Singapore sign bilateral agreements on tax, investment and air services with Ethiopia, Mozambique and Nigeria respectively

Top 10 Most Violent Cities in the World

 The Top-10 Most Violent Cities Worldwide 

~ By Niall McCarthy, Aug 31, 2016.

Which cities have the highest rates of murder worldwide? According to the The Mexico Citizens Council for Public Security, the very worst of them are concentrated in Mexico, Venezuela and Honduras. In 2015, Caracas in Venezuela topped the list with 119.87 murders per 100,000 people.

San Pedro Sula in Honduras came second with 111.03 homicides per 100,000 people while San Salvador, capital of El Salvador, rounded off the top three with 108.54 homicides per 100,000 inhabitants. Earlier this month, the US State Department issued a warning about Honduras to US citizens, saying that the level of kidnapping, crime and violence there remains critically high.

This chart shows homicides per 100,000 inhabitants in 2015.

 Source Statsta.