In the News... |
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Mozambican life assurer NICO Mozambique Vida has officially rebranded to Sanlam Moçambique Vida Companhia de Seguros S.A as at 27th August, 2015. This follows a 51% acquisition by insurance giant Sanlam, through its subsidiary Sanlam Emerging Markets (SEM) in February 2015. |
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The African Management Services Company (AMSCO) organised a one day conference in collaboration with the National Planning Commission (NPC) of Nigeria, to sensitise the Nigerian private sector about developing management capacity and expertise. |
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The National Planning Commission (NPC) of Nigeria and African Management Services Company (AMSCO) will on 22 September, 2015 host a business conference themed “Accelerating Enterprise Competitiveness & Growth in Nigeria – Building Capacity for Sustainable Development”. The conference will take place at Sheraton Hotels and Tower, Ikeja-Lagos starting at 08:00 am. |
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| On 12th February 2015, South Africa’s leading UK Financial Times ranked business school, the Gordon Institute of Business Science (GIBS) and the African Management Services Company (AMSCO) hosted a half-day seminar themed, “Executing for Growth in Africa – Trends, Opportunity and Strategies” in Nairobi, Kenya. |
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| The Embassy of Finland in Zambia has signed a memorandum of agreement with the African Management Services Company (AMSCO). The partnership is geared towards accelerated development of selected farmer enterprises in Zambia. |
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| The Institute of Chartered Marketing, Ghana (CIMG) named the African Regent Hotel CIMG Hospitality Faculty of the Year 2013 during an official ceremony in Accra on 18th October 2014. |
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| The Secretary to the Cabinet in Zambia, Dr Roland Msiska, has expressed the Zambian Government’s unwavering support to private investors in order to strengthen the country’s business and economic environment, particularly the SME sector. |
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| The Zambia Government’s Quick-Wins on Job Creation programme, under the Industrialisation and Job Creation Strategy took a huge step forward with the handing over of a utility vehicle to the United Street Vendors Foundation Cooperative in Lusaka on Friday, 11 April 2014. |
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| Private equity firm Grofin Kenya Limited has invested Ksh26 million in Nairobi-based sanitary products manufacturer, Palmy Enterprises. |
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| Lean Energy Solutions was announced the winner of a Business Daily and KPMG survey listing Kenya’s fastest-growing medium-sized companies. The survey covered firms with sales of between Sh70 million and Sh1 billion and saw manufacturers dominate the top ten list of the 100 firms profiled. |
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| Micro Finance institution (MFI), Juhudi Kilimo has been picked as one of the 2013 top 100 global information technology frontrunners. |
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| Nigeria based AMSCO client, Lily Hospitals Limited recently announced their plans to move into Telemedicine. The company is currently putting into place the required technology to allow the use of telecommunication and information technologies to make this a reality. |
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| The African Management Services Company (AMSCO) and the Common Market for Eastern and Southern Africa (COMESA) have signed an agreement to support private sector development among COMESA member states. |
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| SEVENTY LIBERIAN BANKERS and Auditors are to participate in a training program in International Financial Reporting Standards (IFRS). The Training is being sponsored by the African Management Services Company (AMSCO), the Liberia Bankers’ Association (LBA) and the Central Bank of Liberia (CBL) with support from the African Training & Management Services (ATMS) Project Foundation. |
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| In November 2012 the International Finance Corporation (IFC) committed a new investment in one of AMSCO’s Nigeria based clients, LAPO Microfinance Bank. This is the IFC’s first ever financing of a national microfinance institution in Nigeria. |
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AMSCO’s Paul Malherbe joins ANDE Executive Committee
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| AMSCO CEO, Paul Malherbe is officially a member of the Aspen Network of Development Entrepreneurs (ANDE) Executive Committee. Inducted during the 2012 ANDE Annual Conference in New York this past September, he is the first African to take up such a position. |
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| AMSCO clients, Emerging Capital Solutions (ECP) and Phatisa Fund Managers won big at the 2012 Africa investor (Ai) Investment and Business Leader Awards. |
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| AMSCO clients, La Laiterie du Berger and Bridge International Academies walked away winners at the 2012 African Entrepreneurship Awards in Accra, Ghana on 11 October. |
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| Mozambique has recently witnessed impressive economic growth. However, poverty levels are still high. It is therefore important that growth is sustained, accelerated and broadened, especially, in the Small and Medium Enterprise (SME) sector which is the largest employer in Mozambique. |
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| African Management Services Company (AMSCO) participated at the recently held 3rd Annual International Conference on Entrepreneurship and Small Business Development at the University of Johannesburg in Soweto, South Africa that saw more than 800 entrepreneurs under the same roof. |
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| “The traditional approach for many businesses in the African continent is to invest in financial capital and only look at the human capital as a last resort. I encourage all businesses to have a balanced view where the human capital is well skilled and resourced to run the finances first followed by financial investments. That way we will be assured of sustainable business growth accompanied by positive impact on the Millennium Development Goals (MDGs)” said Paul Malherbe, CEO of African Management Services Company (AMSCO) at the 2012 MDG Review Summit & Exhibition. |
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The International Finance Corporation (IFC) and the African Management Services Company (AMSCO) on 29 March 2012 hosted a cocktail for their clients under the theme “Diversity and Inclusion”. The celebration took place at African Regent Hotel in Accra, Ghana.
The key message for the evening was that all businesses need to embrace Diversity and Inclusion for growth and sustainability. |
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| AMSCO client, KK Security Uganda has done it again!! This time they received an accolade at the 2012 URI AWARDS held on 22nd March 2012 at Imperial Royale Hotel in Uganda during a High Level Conference on the theme: Responsible Investment as a tool for attainment of the United Nations Millennium Development Goals and the Government of Uganda National Development Plan-Opportunities, Challenges and way forward. |
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| With the looming unease following the Davos Summit over the need to come up with new models of economic growth, Africans can’t help but wonder how they can protect themselves from the current uncertain state of affairs. |
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| AMSCO client, Columbus Stainless Ltd, on 08 December 2011 handed certificates to 28 employees who recently completed a six months course on Supervisory Management. The graduation ceremony took place in Middleburg, South Africa with 7 females and 21 males beaming with happiness. |
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| A drastic turnaround strategy, spearheaded by the Development Bank of Namibia (DBN) with the support of the African Management Services Company (AMSCO), has seen the turnover at Ongwediva Medipark (OMP) in Namibia increasing fourfold. The company's profit margins have improved significantly, to the extent that forecast revenue and profits for the year were revised upwards, in the second quarter of 2011, in line with new realities. AMSCO sourced and placed an experienced Hospital Manager for a period of two years for the hospital. |
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| The African Development Bank (AfDB) has provided credit lines worth US$13.5 million to two commercial banks to support the development of private sector and small and medium enterprises (SMEs) in Zambia. AfDB country representative Freddie Kwesiga said the institution has provided Zanaco with US$5million after the initial allocation of US$10million while Investrust Bank has been given US$3.5 million as part of its initiative to close the financing gap for SMEs. AMSCO serves as the implementing partner for this SME support project. |
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| There is need to improve the low managerial capacity among Small and Medium Entrepreneurs (SMEs) in order to overcome some of the challenges the sector is facing, Africa Development Bank (AfDB) Resident Representative Freddie Kwesiga has said. Speaking during the AfDB SMEs marketing forum at Kitwe's Hotel Edinburgh, Dr Kwesiga said low managerial capacity among the SMEs disadvantage them in accessing financing and also contributed to operational hiccups. |
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| MOMBASA, Kenya, Aug 5 – Public and Private sector growth that is hinged on achieving the Millennium Development Goals and environmental sustainability has been cited as the best way of achieving real economic growth for the African region. |
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| In the past year, the tax revenue of governments across 23 African countries increased by more than $85-million as a result of the African Training & Management Services project, a United Nations (UN) Development Programme. |
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