In 2021, Zambia’s per capita income declined to US$1,040 and the country was re-classified as low-income for the first time since 2011. (Image source: Adobe Stock)
A statement by the Creditor Committee for Zambia has been welcomed by the IMF and the World Bank as an important step towards reducing Zambia’s debt
CERSP is taking place in tandem with similar operations by the World Bank and the International Monetary Fund. (Image source: Adobe Stock)
The board of directors of the African Development Bank Group (AfDB) has approved a EU€89mn (approx. US$90mn) loan to bolster the economic recovery of Kenya
91% of those surveyed believe the environment for doing business in Africa will improve. (Image source: Adobe Stock)
According to research conducted by independent research company PureProfile, African business leaders are expecting the entrepreneurial spirit to take off across the continent over the next three years
Panasonic plans to introduce a lineup of 64 new products to support this mission in 2022. (Image source: Panasonic)
Panasonic Marketing Middle East & Africa (PMMAF) restated its commitment to MEA market expansion and consumer well-being at its regional convention, held in Dubai, that unveiled the brand’s new global motto - “Live Your Best”
The new slogan embodies Panasonic’s commitment to providing solutions that make life simpler, safer, healthier, and more enjoyable for the customers helping them to live their best.
0M eanwhile, the brand will focus on expanding its regional market share to cater to the evolving customer demands with solutions that make homes, public premises, and businesses a healthy and convenient ecosystem. The convention attended by over 190 business associates from over 24 countries and media, laid down the brand’s plans for the new financial year and shared the business highlights for the year 2021.
Aligned with the brand’s new commitment, the event was themed “Wellbeing for Life” focused on bringing a sense of balance and wellbeing to everyone’s lives by bestowing enhanced health and hygiene. Panasonic plans to introduce a lineup of 64 new products to support this mission in 2022.
Some of the new unique products with superior technologies and Japanese excellence were spotlighted at the event. Key highlights amongst many were the Nanoe-X Air conditioners which can inhibit pathogenic microorganisms (bacteria, fungi, and viruses) and allergens. The ACs will not only cool and heat the surroundings but also clean the indoor air, offering 24-hour protection to keep living spaces fresh and clean, so consumers can benefit from a healthier life.
Another innovative clean air solution is ziainoTM that uses high degree of sterilizing and deodorizing power of sodium hypochlorite to effectively sanitize the environment. Ideal for the hygiene of different venues, including restaurants, hotels, hospitals, clinics, laboratories, elderly hostels, schools, offices, pet shops, fitness centres and shopping malls.
New Abaya Wash washing machines were positioned as distinctive hygiene systems that protect families by eliminating 99.99% of bacteria from the clothes while washing.
The brand also emphasised on nutrition and food hygiene through its latest “Nutri TaFreez” refrigerator series that feature speedy freezing technology specifically for preserving nutrients of meats stored in the freezer. To further support health and wellbeing, Panasonic encourages home cooking for its consumers by introducing new kitchen appliances line up such as kitchen machine, bread maker and more appliances that enrich cooking experience.
Hiroyuki Shibutani, managing director, PMMAF, said, “At Panasonic, we are determined to make contributions to improving everyday life with solutions that make life simpler and more convenient with products that cater to a changing society. With more and more people giving importance to health, hygiene and wellbeing, as we come out of the pandemic, we are committed to becoming a brand that provides the solutions that satisfy this demand. We aim to transform into a brand that stays close to its customers and is supported by society through taking action against the issues they face both today and in the future.”
“One of the ways we are doing this is by conveying our purpose of "achieving an ideal society with affluence both in matter and mind," which was set forth by our founder Konosuke Matsushita. Hence, we have adopted “Live Your Best”, as our brand slogan which expresses this exact purpose.” he added.
Shibutani also reiterated the brand’s commitment to the region and commented, “Over the years Middle East region has witnessed sustained growth across industries. Riding along with this dynamically growing market we aim to align our strategies and offer the widest product portfolio in both consumer and business segments to cater to regional demands. To rejuvenate our brand, we will launch focused marketing campaigns.”
Vice-president Madam Finda Koroma restated the commission’s commitment to peace and security. (Image source: ECOWAS)
Economic Community of West African States (ECOWAS) and its member states’ ambassadors are mulling to chart a way forward for regional stability, peace and security
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
The pylon spires of South Africa's Msikaba Bridge mega project are on their way up, soon to be almost 130 m high at each side of the deep river gorge. (Image source: Concor)
US$4bn in capital investments is required between now and 2030 to reach universal access to clean cooking in sub-Saharan Africa. (Image source: Adobe Stock)
The agreement was witnessed by Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt. (Image source: Infinity Power)
According to Rokbak, knowing the capabilities and limits of your hauler puts you in control. (Image source: Rokbak)
The opening of the new facility took place during the Elevate Africa Conference. (Image source: CCI Global)
The break to load shedding has been a welcome relief for South African businesses. (Image source: Adobe Stock)
The project prioritises the development of climate resilient infrastructure. (Image source: AFC)
The project was initially awarded to AMEA Power through an international tender programme that was launched by Tunisia’s Ministry of Industry and SMEs. (Image source: AMEA Power)
According to Danfoss, BOCK’s renowned compressors are a natural fit for its existing solutions range. (Image source: Danfoss)
The SEW-EURODRIVE gearbox offering allows for a plug and play solution on existing centre pivot irrigation equipment, presenting a valuable and unique concept to the local agricultural sector. (Image source: SEW-EURODRIVE)
The new facility, powered by Wärtsilä, will help address Nigeria’s increasing demand for cement. (Image source: Wärtsilä)
Both barcode and RFID readers are used in integrated intelligent manufacturing solutions. (Image source: Brady)
Ayman Ashour, CEO of Siemens Mobility Turnkey MEA. (Image source: Alain Charles Publishing)
Advantages of MSC solutions include one-stop shop convenience, an efficient claim process, and tailored competitive rates. (Image source: MSC)
The innovative formula of Watershield cement offers enhanced water resistance and durability. (Image source: Lafarge Africa)
