Author: African Celebs

French, Korean consortium to build $1.4 bln Abidjan rail line

Ivory Coast said it had signed an initial agreement with a consortium including France’s Bouygues and South Korea’s Hyundai and Dongsan Engineering to build a 1 billion euro ($1.4 billion) urban rail line in Abidjan. The estimated cost of the project is around 1 billion euros. The proposed project would involve construction of a 37 km (23 mile) rail line from Abidjan’s international airport in the south of the city, through the city centre to its northern suburbs. The line would transport an estimated 300,000 passengers a day, alleviating the traffic jams that currently plague the city of around 5 million...

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DANGOTE AMONG CNBC’S TOP 25 GLOBAL INDUSTRY DISRUPTORS

African entrepreneur Aliko Dangote has been named among the top 25 people who have had the biggest impact on business in the last 25 years. The list, compiled by business news network CNBC, highlights those who, according to CNBC, have disrupted industries, sparked change and exercised an influence far beyond their own companies. Dangote, who recently featured in the 2014 Forbes Billionaires List, ranked 23rd in CNBC’s First 25 list. “Expanding his empire from his native country to West Africa, and then across sub-Saharan Africa from Ethiopia to South Africa, #Dangote showed that it was possible to create wealth in the region by means other than tapping the continent’s abundant natural resources: Watch Aliko Dangote on CNBC and learn more about where Africa’s richest man sees investment opportunity. You are such an inspiration...

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Black Mambazo’s Lifetime Achievement Award

This week marked a milestone achievement for South Africa’s talismanic a cappella group, LadysmithBlackMambazo, after they were decorated with a Lifetime Achievement Award at the annual South Africa Music Awards on Monday. According to Black Mambazo was South Africa’s way of showing gratitude for flying the flag high for over 50 years.  Big congrats to...

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