05 Sep

African Real Estate & Infrastructure Summit comes to Gauteng in October to focus on continent’s urban opportunities and challenges

The African Real Estate & Infrastructure Summit

The award-winning African Real Estate & Infrastructure Summit comes to Gauteng in October to gather leading built environment and property professionals, architects, project developers, investors, town planners, and city and municipal managers from all over the continent to focus on “Developing Future African Cities”.
“Over the next 20 years, growth in Africa’s urban population will increase the demand for more infrastructure, including transport, housing, hospitals, schools, retail, industrial and fundamental facilities,” says Benjamin Jones, Event Manager of African Real Estate & Infrastructure Summit. He adds: “to meet this ongoing demand, public and private sector stakeholders will need to adapt their strategies to develop and fund projects that will need to meet the specific demands and challenges of African cities.” The summit will take place at the Sandton Convention Centre from 25-26 October.

JLL, the global financial and professional services firm specialising in commercial real estate services and investment management, is the official content sponsor for the event. Simon Ardonceau (MRICS), JLL’s Head of Strategic Consulting, Sub-Saharan Africa and speaker at the African Real Estate & Infrastructure Summit, says: “driven by strong fundamentals such as sustained economic growth, favourable demographics, emergence of a middle class and rapid urbanisation, the real estate sector is bound to grow.”


Visionary city planning

In November last year, the inaugural African Real Estate & Infrastructure Summit in Cape Town provided an innovative space for more than 300 sector experts gathered for interactive sessions that focused on key case studies of visionary city planning, investment opportunities in the commercial and residential real estate sectors across the continent as well as the challenges of urbanisation. A key finding of the conference was that Africa’s cities are facing an urban ‘polycrisis’ and that there is a need for a new urban agenda and an opportunity for innovative solutions to address urbanisation challenges.
The summit was voted Africa’s best Confex (half conference, half exhibition) earlier this year by the AAXO ROAR event industry awards.
More key findings that emerged during the first African Real Estate & Infrastructure Summit included:

–     African countries need to adopt new development models designed to take
advantage of urbanisation by facilitating structural transformation, creating jobs
and addressing social inequality and poverty, while creating sustainable human
settlements with equal opportunity for all.

  • The future of Africa is at stake and the future of Africa will be more and more linked to how cities are managed and the way they choose to contribute to African unity.
  • Careful, complex, thorough administrative management and pro-poor urban development will turn African cities into world-class cities, not design plans based on fantasy Dubai-esque city makeovers.
  • The City of Cape Town has invested over R22 billion in infrastructure over the last five years and needs to provide an additional 650 000 housing opportunities over the next 20 years.
  • Merely pursuing low-density low-cost housing on the outskirts of the cities is not an option. Innovative thinking must be part of the solutions for urbanisation challenges and partnerships between the public and private sectors play an important role.

Leading African cities that have been invited to showcase their major infrastructure and building projects and opportunities in October at African Real Estate & Infrastructure Summit include: Abuja, Nigeria; Addis Ababa, Ethiopia; Cape Town, South Africa; Dar Es Salaam, Tanzania; Johannesburg, South Africa; Kampala, Uganda; Kigali, Rwanda; Lagos, Nigeria; Luanda, Angola; Lusaka, Zambia; Maputo, Mozambique; Nairobi, Kenya; Harare, Zimbabwe and Kinshasa, DRC.

Property Buyer Show
During the same week as African Real Estate & Infrastructure Summit, the Property Buyer Show also comes to Gauteng from 27-29 October at the Sandton Convention Centre. The Property Buyer Show, which took place for the first time in Cape Town in April this year, is a unique exhibition aimed at first-time residential property buyers or real estate investors. The innovative exhibition layout is designed to walk buyers through the property buying process and meet with Developers, Agents and Financial Service Providers.

The African Real Estate & Infrastructure Summit and the Property Buyer Show are organised by the multi award-winning Spintelligent, well known for organising exhibitions and conferences across the continent in the infrastructure, energy, mining, agriculture and education sectors. Longstanding flagship events by Spintelligent include African Utility Week, Future Energy Nigeria (formerly WAPIC), Future Energy East Africa (formerly EAPIC), Agritech Expo Zambia, DRC Mining Week and EduWeek. Spintelligent is part of Clarion Events Ltd, based in the UK.

 

Dates and location:
African Real Estate & Infrastructure Summit: 25-26 October 2017
Property Buyer Show conference: 27 October 2017
Property Buyer Show expo: 28-29 October 2017
Location: Sandton Convention Centre, Johannesburg, South Africa

Websites: http://www.african-real-estate-summit.com/ & http://www.propertybuyershow.com
Twitter: https://twitter.com/ARES_Summit & https://twitter.com/propertyshowsa
LinkedIn: https://www.linkedin.com/groups/8518271

Media contact:
Senior communications manager:  Annemarie Roodbol
Telephone:  +27 21 700 3558
Mobile:  +27 82 562 7844
Email:  annemarie.roodbol@spintelligent.com

09 Aug

Happy Women’s Day: We’re celebrating these 10 amazing female entrepreneurs from SA

South African Women's Day

To celebrate South African Women’s Day, we’re looking at 10 female entrepreneurs from South Africa and how they achieved success. Many are inspired by their families, but all of them have succeeded through hard work and sheer talent.

When women are empowered and able to implement their ideas on a business landscape, some truly wonderful things happen.

South African Female Entrepreneurs

  •  Farah Fortune, African Star Communications

Fortune didn’t have much look when she first started out, after taking the bold step to leave her job and begin this company. Times were particularly tough when she first started out with a young daughter to support.

 

Yet it seems Fortune was eventually favoured for being brave: Her African Star Communications network made a name for itself by giving platforms to previously unrecognised talents (Loyiso Gola, Jason Goliath).

Her ‘build from the ground up approach’ has paid dividends for her, and Farah is continuing to flourish in the job she risked everything for

  • Lize Fouce, Number 1 Foods

Her muesli-based food company started up shortly after she gave birth to her baby girl. Fouce threw her last few thousand rand at a steel roasting drum to deal with the demand for her snacks.

The drum created a unique flavour in the muesli, which gave her organisation a new unique selling point. The roasted version was an instant hit, with her Nutri-Start product available in Pick N Pay stores nationwide.

  • Vanessa Gounden, HolGoun Investment Holdings

Vanessa has taken a seriously hands-on approach to her investment business, which has been up and running since 2003: The company only invests in outfits that they can directly help grow and develop.

For the last 14 years, Gounden has acquired a diverse portfolio of businesses, with partnerships in mining, healthcare, property and media. Holgoun currently has a net worth of R3bn. That is unbelievable, take a bow Vanessa!

  • Angel Jones, Homecoming Revolution

Another company that began in 2003, Jones set up a network aimed at headhunting African talent currently working abroad. Homecoming Revolution have thrived over the last decade, and their M.O shows how they’ve cracked a gap in the market:

“as a website to tell the stories of people who have come home – the good bits and the bad. You’re not a failure if you come back; you’re a pioneer, entrepreneur and revolutionary, and look at all these amazing things that are possible. Don’t wait till it gets better, come home and make it better.”

  • Sonia Booth, Bonneventia S Footwear

She founded Bonneventia S Footwear and manufactures her shoes in Johannesburg. Local designer Thula Sindi has even used Sonia’s shoes in his shows and more local designers are following suit.

Her business has grown into successful enterprise. Booth now offers her customer pedicures while they wait for their custom made shoes to be made

  • Nicole Stephens, The Recruitment Agency

Nicole is leading something of a revolution with her recruitment business. The savvy entrepreneur solely employs four women on flexitime and they also have no head office or basic salary – they are utterly fluid.

They’ve used the technology at their disposal flawlessly and it has created a sustainable, impressive business model that will be the envy of many. They can all conduct their operations through Skype, WhatsApp and E-mail. It’s incredibly futuristic!

  • Nkhensani Nkosi, Stoned Cherrie

Since she launched the fashion enterprise in 2000, Nkosi has showcased her range at New York Fashion Week. Recently, Stoned Cherrie introduced the beautiful talents from New York-based South African designer Darryl Jagga.

Stoned Cherrie continues to grow and has recently expanded into eyewear – a firm favourite of several African and international icons, including South Africa’s pop singer, Lira.

  • Amy Kleinhans-Curd, PLP Group

PLP Group (Pty) Ltd is a diversified services company that provides brand enhancement and stakeholder engagement solutions to clients across Africa and the rest of the world.

The former Miss South Africa has proved she is equally smart as she is beautiful, and has been operating in business for the last 24 years. As a successful mom-of-four, her remarkable career makes her look like a very humble superwoman.

  • Michelle Okafor, Michelle Okafor African Designs

“Today, her distinctive and colourful designs can be found in boutiques and in her online store. Okafor’s collection includes everything from dresses to jackets, shoes and accessories. Her vision to combine traditional African culture with urbanity can clearly be seen in every piece.”

  • Basetsana Kumalo, Tswelopele Group

Aged just 20, Kumalo negotiated the first external contract SABC handed out to an all female production company when Tswelopele Productions – who she owns a 50% stake in – took on the responsibility of making Top Billing. The rest is history…

She’s gone on to launch an empire of make-up, clothing and sunglasses as well as ventures into mining and property businesses.

 

via The South Africa

08 Aug

Innovation doesn’t have to be disruptive

technology is changing the landscape of financial services in rural Africa
It is clear that technology is changing the landscape of financial services in rural Africa, writes Howard Miller, an associate consultant at Nathan Associates, and Grace Njoroge, a financial inclusion advisor at KPMG.
From the largest banks to the smallest fintechs, financial service providers are gearing up for a world in which finance is digital first and in which anyone with access to a mobile phone can also derive benefits from formal financial services.

The rapid uptake of mobile money in many countries has sowed the seed for a thousand new innovations that could further extend inclusive financial services. An outcome of this success has been that everybody in digital finance is looking for “the new M-Pesa”, in the same way that elsewhere, entrepreneurs want to be “the Uber of…” An underlying assumption here is that change is generally linear until a special company comes along with an idea that creates non-linear change, which we often call disruption.

But when you map this idea onto the landscape of unbundling that financial services are currently going through, it is not so clear that disruption is what’s needed. It used to be that a bank, or a microfinance institution, or an insurance company, would aim to provide a vertically integrated service to the customer, from initial acquisition to all aspects of relationship management and back end services.

This is changing. Technology, and in particular the ability for different platforms to link with each other, opens up new opportunities for collaboration. Not everyone needs to develop the next big product or service – there may be much more value and impact for a fintech company to build a business-to-business solution that works at a specific pain point for a financial institution.

For example, the Mastercard Foundation Fund for Rural Prosperity is supporting a partnership between Juhudi Kilimo, an asset financing company, and the Entrepreneurial Finance Lab to develop a psychometric credit scoring tool for smallholder farmer borrowers with no or limited verifiable credit information. This is a tech-enabled solution for a specific challenge – how to estimate likelihood of repayment in a data-light environment – that could reduce costs and improve efficiency of Juhudi Kilimo’s credit processes.

Innovation can be highly effective without being disruptive.

A similar partnership in the fund portfolio is between First Access, a fintech company, and Esoko, an agricultural information and communications company. The two will develop a rural agricultural credit-scoring platform for lending institutions from disparate data sets, from soil and weather data to mobile phone usage and farmer profiles. The solution has the potential to impact a large number of farmers who do not have traditionally accepted banking histories.

These are great innovations, that could have a real impact on micro and small business finance, but they probably won’t be putting other lenders out of business. And that’s fine. Innovation can be highly effective without being disruptive.

There’s nothing wrong with ambition, and there is certainly scope for massive changes in Africa’s rural finance markets. But if you focus too hard on the next disruption you can lose sight of the great ideas that represent an evolution, not necessarily a revolution. At the Mastercard Foundation Fund for Rural Prosperity, we love big ideas. But the most important aspect of the big idea is the impact it has on the livelihoods of rural communities in Africa, not necessarily on how it disrupts the structure of the financial system.

So if you want to apply for support from the fund, we’re not so fussed about if you’re the next big disruption to African financial markets. We want a credible plan that overcomes some of the many challenges of financing rural populations, and can have a real impact on the lives of people living in or close to poverty. We want ideas that work from the bottom up, which solve real problems. Maybe you’ll be disruptive. If you’re not, that’s fine too.

23 Mar

Africa’s oil and gas industry set to meet at the 16th Africa Independents Forum in May

Showcasing Africa’s premier projects and upstream operators, the forum provides plenty of scope for corporate independents, international oil, gas and energy companies and Government officials to network, present their projects, propose new ventures and firm up partnerships and investment deals

LONDON, United Kingdom, March 16, 2017/APO/ —

The 16th Africa Independents Forum (www.Africa-IndependentsForum.com), a key event on the international oil and gas calendar, will get underway in London on the 24th and 25th of May.

This annual gathering of Africa’s oil and gas upstream industry is an essential platform for reviewing the state of the industry and exchanging ideas on game-changing opportunities for the future. Showcasing Africa’s premier projects and upstream operators, the forum provides plenty of scope for corporate independents, international oil, gas and energy companies and Government officials to network, present their projects, propose new ventures and firm up partnerships and investment deals.

Being held around the theme of “Shaping the Continent’s Future in Upstream Oil & Gas”, this year’s programme focuses on developing and driving change in the industry. In-depth presentations provide a framework for exploring solutions that move beyond survival tactics to establish best practices that better equip the industry to weather uncertainties and withstand shocks whilst maintaining optimum performance.

A recent Ernst & Young report states that the total deal value for Africa in 2016 was US$4.9 billion across 61 deals, of which 92% were upstream, with downstream deals making up the remainder. Eighty percent of the upstream deals were announced in the fourth quarter, possibly due to a return of confidence in the industry and an expected upturn in operational activity in the ensuing months.

This forecast upswing sets an optimistic tone for the 16th Africa Independents Forum. Confirmed speakers who will share their insights are Pade Durotoye, CEO of Oando Energy Resources; Darran Lucas, Exploration and New Ventures Director at Sasol; Erwin Kroll, Senior Vice President for the Middle East and Africa at OMV Upstream; Neil Ritson, Chairman of Solo Oil Plc and Oisin Fanning, Executive Chairman of San Leon Energy in Dublin.

A highlight of the forum, the 79th PetroAfricanus dinner, will be hosted by ITE (ITE-Exhibitions.com) at The Waldorf Hilton where Jasper Peijs, VP of Exploration Africa at BP, will address members of the PetroAfricanus Club.

Also hosted by AIF is the 8th Global Women in Petroleum & Energy Club Luncheon, organised by Frontier Communications with, as guest speaker, Sandy Stash, Group VP for Safety, Sustainability and External Affairs at London’s Tullow Oil.

In 2015 the Ugandan government, represented by Ernest Rubondo, Acting Director of Petroleum, Directorate of Energy & Minerals, used the AIF to promote its maiden competitive bidding round for the licensing of six blocks in the Albertine Graben which resulted in 17 firms submitting applications for qualification.

Organised by ITE, the forum provides excellent exposure for sponsors, exhibitors and advertisers with a number of tailored opportunities for showcasing and networking. The latest sponsor to come on board is Lagos-based ACAS-Law.

Distributed by APO on behalf of Africa Independents Forum.

21 Mar

President Zuma to Officially Open the United Nations World Water Day Summit and Expo in Durban

The Expo will be held under the theme “Water and Sanitation is a Human Right” in line with the South African government’s calendar of activities with March celebrated as a Human Rights Month

PRETORIA, South Africa, March 20, 2017/APO/ —

President Jacob Zuma, in his capacity as the Chairperson of the Heads of State Committee on the United Nations (UN) High Level Panel on Water, will on Wednesday, 22 March 2017, officially open the United Nations (UN) World Water Day Summit and Expo in Durban, KwaZulu-Natal.

The Summit will be held under the theme “Water and Sanitation is a Human Right” in line with the South African government’s calendar of activities with March celebrated as a Human Rights Month.

South Africa will host the Summit and Expo through the Department of Water and Sanitation, in partnership with the KwaZulu-Natal Provincial Government and United Nations Water.

The Summit will also provide an opportunity to launch the 17th edition of UN’s World Water Development Report, which focuses on the critical role of wastewater management for vibrant economies, resilient societies and the maintenance of healthy environments across the globe.

President Zuma will also present a Declaratory Statement on roll-out activities of the High Level Panel on Water at domestic, regional and global levels.

The Summit will further provide South Africa with an opportunity to outline progress that the country has made in meeting water and sanitation goals since 1994 and will also be a platform for sharing knowledge and experience on risks in water provision induced by drought and climate change.

The South African Government continues to call on all communities to conserve water in order to ensure sustainability of water supply.

The details of the Summit are as follows:

Date: Wednesday, 22 March 2017
Time: 10h00
Venue: Inkosi Albert Luthuli International Convention Centre, Durban.

Media attending the Summit should please send their details to Vukile Mathabela on 082 708 3269 or DWS Spokesperson Sputnik Ratau on 082 874 2942 or KZN COGTA Spokesperson Lennox Mabaso on 082 884 2403.

Distributed by APO on behalf of Republic of South Africa: The Presidency.

 

14 Feb

Private Equity Africa | 7th Annual Review & Outlook Seminar

The Private Equity Africa 7th Annual Review & Outlook Seminar will be hosted by Thomson Reuters March 1 from 6:00 pm – 9:30 pm.

OVERVIEW

Generating Alpha in Uncertainty

2017 Outlook & 2016 Review

In 2017, investors will locally be navigating a re-based Africa and globally, a post-Brexit Europe and the Trump presidency.

What will fundraising and deal making in 2017 look like? How did investors mitigate challenges in 2016, and what have been the biggest lessons learnt?

In its 7th year, this very popular event offers a great networking opportunity, pulling together between 150 and 200 delegates.

The evening commences with specialist presentations on economic, legal and risk expectations, which culminate into an investor panel discussion.

The evening ends with a networking drinks reception.

KEY TOPICS

• Top Sectors and Strategies for 2017
• Data Presentation: 2017 deal making and fundraising review
• Key investment sectors in 2017
• Exits expectations in 2017
• Economic forecasts
• Key Africa investment risks in 2017

Free attendance for qualified LPs and subscribers.

For free registrations, kindly email events@peafricagroup.com

VENUE

Thomson Reuters
30 South Colonnade-Canary Wharf
London, E14 5EP United Kingdom
+ Google Map
Phone:
+44 (0) 20 7250 1122

EARLY BIRD OFFER ENDS 20 FEBRUARY 2017