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AMROTE ABDELLA: THE AFCFTA CAN CHANGE THE Amrote Abdella: The AfCFTA can change the circumstances of millions of Africans for the better – and technology is the key LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing CMA APPROVES REGISTRATION OF MASARU UNIT TRUST FUND Kenya. The Board of the Capital Markets Authority (CMA) has granted approval to Synesis Capital Limited to register Masaru Unit Trust Fund as a Collective Investment Scheme consisting of two sub-funds; Masaru Money Market Fund and Masaru Wealth Fund. The fund manager for the Collective Investment Scheme is Orient Asset Managers Limited. MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent. African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 1 day ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
AMROTE ABDELLA: THE AFCFTA CAN CHANGE THE Amrote Abdella: The AfCFTA can change the circumstances of millions of Africans for the better – and technology is the key LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing CMA APPROVES REGISTRATION OF MASARU UNIT TRUST FUND Kenya. The Board of the Capital Markets Authority (CMA) has granted approval to Synesis Capital Limited to register Masaru Unit Trust Fund as a Collective Investment Scheme consisting of two sub-funds; Masaru Money Market Fund and Masaru Wealth Fund. The fund manager for the Collective Investment Scheme is Orient Asset Managers Limited. MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 1 day ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project. AAK AND MARS TARGET GHANA WOMEN WITH A TEN-YEAR 1 day ago · Plant-based oils company AAK has joined forces with global confectionery, food, and pet care firm Mars, several NGOs, and an impact investment fund to create a public-private partnership. This will improve the livelihoods of women working in Ghana's shea supply chain. Running until 2030, the LIQUID INTELLIGENT TECHNOLOGIES SOUTH AFRICA UNVEILS 1 day ago · As part of their commitment to fostering innovation and building digital skills, even in the remotest part of the country, Liquid Intelligent Technologies South Africa, has heralded in a new digital dawn in the Eastern Cape with the opening of the first Innovation and Digital Skills Centre (IDSC) in ZENITH ENERGY TO COMMENCE DRILLING ACTIVITIES IN RECENTLY 1 day ago · Zenith Energy, the international oil & gas production company focused on pursuing African development opportunities, announced it is in the process of finalising plans to commence drilling activities in the recently acquired Robbana concession ("Robbana"), onshore Tunisia.. The Company intends to drill ROB-3, an infill vertical well, in the proximity of the producing Robbana-1 well("ROB-1
ADA LABS AFRICA AND AI CENTER OF EXCELLENCE LEAD NEXT Ada Labs Africa and AI Center of Excellence (AICE) have today announced an initiative with NVIDIA to contribute to the digitization of the African continent through artificial intelligence (AI) and collaborate on a number of data science and AI projects. The CEO of Ada Labs Africa, John Kamara, said FACEBOOK AND LEADING HEALTH ORGANIZATIONS FORM ALLIANCE Facebook is partnering with leaders from the technology, healthcare, global development and academic sectors to establish the Alliance for Advancing Health Online. This new initiative aims to advance public understanding of how social media and behavioral sciences can DIMENSION DATA EARNS TOP CLOUD ACCREDITATION AS AN AZURE NTT Ltd., a leading global technology services company, has earned the Azure Expert Managed Services Provider accreditation. Branded Dimension Data in the Middle East and Africa region, it has been recognised by Microsoft with the highest accolade for Azure Cloud experience, being named an Azure Expert Managed Services Provider(MSP).
TELECOM EGYPT AND VODAFONE GROUP SIGN MODIFIED Telecom Egypt and Vodafone Group have signed a modified Shareholders’ Agreement. The agreement includes changes to Vodafone Egypt’s, VFE, dividend policy, whereby VFE will pay a one-time dividend of EGP10 billion to its shareholders during the 2021 TELKOM SOUTH AFRICA LAUNCHES AFRICA’S FIRST VIRTUAL CARD Telkom has launched Africa's first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even those without a bank account – to access the digital economy and transact online. Launched in 2020, Telkom Pay is a digital payments AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent. African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 1 day ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
AMROTE ABDELLA: THE AFCFTA CAN CHANGE THE Amrote Abdella: The AfCFTA can change the circumstances of millions of Africans for the better – and technology is the key LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing CMA APPROVES REGISTRATION OF MASARU UNIT TRUST FUND Kenya. The Board of the Capital Markets Authority (CMA) has granted approval to Synesis Capital Limited to register Masaru Unit Trust Fund as a Collective Investment Scheme consisting of two sub-funds; Masaru Money Market Fund and Masaru Wealth Fund. The fund manager for the Collective Investment Scheme is Orient Asset Managers Limited. MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent. African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 1 day ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
AMROTE ABDELLA: THE AFCFTA CAN CHANGE THE Amrote Abdella: The AfCFTA can change the circumstances of millions of Africans for the better – and technology is the key LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing CMA APPROVES REGISTRATION OF MASARU UNIT TRUST FUND Kenya. The Board of the Capital Markets Authority (CMA) has granted approval to Synesis Capital Limited to register Masaru Unit Trust Fund as a Collective Investment Scheme consisting of two sub-funds; Masaru Money Market Fund and Masaru Wealth Fund. The fund manager for the Collective Investment Scheme is Orient Asset Managers Limited. MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 1 day ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project. AAK AND MARS TARGET GHANA WOMEN WITH A TEN-YEAR 1 day ago · Plant-based oils company AAK has joined forces with global confectionery, food, and pet care firm Mars, several NGOs, and an impact investment fund to create a public-private partnership. This will improve the livelihoods of women working in Ghana's shea supply chain. Running until 2030, the LIQUID INTELLIGENT TECHNOLOGIES SOUTH AFRICA UNVEILS 1 day ago · As part of their commitment to fostering innovation and building digital skills, even in the remotest part of the country, Liquid Intelligent Technologies South Africa, has heralded in a new digital dawn in the Eastern Cape with the opening of the first Innovation and Digital Skills Centre (IDSC) in ZENITH ENERGY TO COMMENCE DRILLING ACTIVITIES IN RECENTLY 1 day ago · Zenith Energy, the international oil & gas production company focused on pursuing African development opportunities, announced it is in the process of finalising plans to commence drilling activities in the recently acquired Robbana concession ("Robbana"), onshore Tunisia.. The Company intends to drill ROB-3, an infill vertical well, in the proximity of the producing Robbana-1 well("ROB-1
ADA LABS AFRICA AND AI CENTER OF EXCELLENCE LEAD NEXT Ada Labs Africa and AI Center of Excellence (AICE) have today announced an initiative with NVIDIA to contribute to the digitization of the African continent through artificial intelligence (AI) and collaborate on a number of data science and AI projects. The CEO of Ada Labs Africa, John Kamara, said FACEBOOK AND LEADING HEALTH ORGANIZATIONS FORM ALLIANCE Facebook is partnering with leaders from the technology, healthcare, global development and academic sectors to establish the Alliance for Advancing Health Online. This new initiative aims to advance public understanding of how social media and behavioral sciences can DIMENSION DATA EARNS TOP CLOUD ACCREDITATION AS AN AZURE NTT Ltd., a leading global technology services company, has earned the Azure Expert Managed Services Provider accreditation. Branded Dimension Data in the Middle East and Africa region, it has been recognised by Microsoft with the highest accolade for Azure Cloud experience, being named an Azure Expert Managed Services Provider(MSP).
TELECOM EGYPT AND VODAFONE GROUP SIGN MODIFIED Telecom Egypt and Vodafone Group have signed a modified Shareholders’ Agreement. The agreement includes changes to Vodafone Egypt’s, VFE, dividend policy, whereby VFE will pay a one-time dividend of EGP10 billion to its shareholders during the 2021 TELKOM SOUTH AFRICA LAUNCHES AFRICA’S FIRST VIRTUAL CARD Telkom has launched Africa's first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even those without a bank account – to access the digital economy and transact online. Launched in 2020, Telkom Pay is a digital payments AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent. African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID 1 day ago · As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced NCC CONCLUDES COST-BASED STUDY ON INTERNATIONAL 17 hours ago · The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria. DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
TOP 10 INGREDIENTS USED IN LIVESTOCK FEED 9. Vitamin/Mineral Premixes are added as fixed factor components during feed formulations. They do not contribute significant protein in the diet, but supply vitamins and trace minerals (Niacin, Biotin, Iron, Zinc, Copper, Iodine etc) needed by the animals. 10. Common Salt is also used as a fixed factor components in feed formulation(typically
RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting ODUWA COIN LAUNCHES BLOCKCHAIN OPTIMIZATION Oduwa Coin, the first indigenous Cryptocurrency designed to empower people of African descent has announced the launch of its latest blockchain optimization called IVIE.. After three years of network operations, the developers of OduwaCoin have come up with a new line of on-chain executions for its fungible currency. AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent. African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID 1 day ago · As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced NCC CONCLUDES COST-BASED STUDY ON INTERNATIONAL 17 hours ago · The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria. DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
TOP 10 INGREDIENTS USED IN LIVESTOCK FEED 9. Vitamin/Mineral Premixes are added as fixed factor components during feed formulations. They do not contribute significant protein in the diet, but supply vitamins and trace minerals (Niacin, Biotin, Iron, Zinc, Copper, Iodine etc) needed by the animals. 10. Common Salt is also used as a fixed factor components in feed formulation(typically
RYAN MER: SOUTH AFRICA CAN PREVENT PAYMENTS FRAUD INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
MASTERCARD AND EGYPTIAN FINTECH STARTUP TELDA LAUNCH Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting ODUWA COIN LAUNCHES BLOCKCHAIN OPTIMIZATION Oduwa Coin, the first indigenous Cryptocurrency designed to empower people of African descent has announced the launch of its latest blockchain optimization called IVIE.. After three years of network operations, the developers of OduwaCoin have come up with a new line of on-chain executions for its fungible currency. WHO: NINE IN 10 AFRICAN COUNTRIES SET TO MISS URGENT COVID 1 day ago · As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses. The new global targets were announced LIQUID INTELLIGENT TECHNOLOGIES SOUTH AFRICA UNVEILS 10 hours ago · As part of their commitment to fostering innovation and building digital skills, even in the remotest part of the country, Liquid Intelligent Technologies South Africa, has heralded in a new digital dawn in the Eastern Cape with the opening of the first Innovation and Digital Skills Centre (IDSC) in ZENITH ENERGY TO COMMENCE DRILLING ACTIVITIES IN RECENTLY 19 hours ago · Zenith Energy, the international oil & gas production company focused on pursuing African development opportunities, announced it is in the process of finalising plans to commence drilling activities in the recently acquired Robbana concession ("Robbana"), onshore Tunisia.. The Company intends to drill ROB-3, an infill vertical well, in the proximity of the producing Robbana-1 well("ROB-1
ORGANON EGYPT LAUNCHES WITH A FOCUS ON WOMEN'S HEALTH 17 hours ago · Women’s health is being transformed and further prioritized with the launch of Organon, the only global company of its size focused on women’s health. With a vision to create a better and healthier every day for every woman by putting women at the center of ADA LABS AFRICA AND AI CENTER OF EXCELLENCE LEAD NEXT 1 day ago · Ada Labs Africa and AI Center of Excellence (AICE) have today announced an initiative with NVIDIA to contribute to the digitization of the African continent through artificial intelligence (AI) and collaborate on a number of data science and AI projects. The CEO of Ada Labs Africa, John Kamara, said MCDERMOTT RECEIVES CONDITIONAL LETTER OF AWARD FOR TILENGA 19 hours ago · A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project. Formal contract award remains subject NGX LISTS NOVA MERCHANT BANK’S N10BN BOND 18 hours ago · The Nigerian Exchange Group (NGX), announced the listing of Nova Merchant Bank Plc’s N10billion Bond. The bond listed is the NOVAMBL Investments SPV N10billion Series I, 7-year 12percent subordinate unsecured fixed rate bond due 2027 under the DUNCAN MOCHAMA: GOVERNMENTS ARE 1 day ago · African governments are putting so much effort to advance the digital economy and drive economic transformation. In Ethiopia, t he Ministry of Innovation and Technology (MINT) and the Internet Society announced a new collaboration that will help drive this transformation. In Kenya, the government in partnership with the private sector also this week unveiled a new initiative aimed atequipping
NCC CONCLUDES COST-BASED STUDY ON INTERNATIONAL 17 hours ago · The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria. ISP PROVIDER HEROTEL ROLLS OUT COUNTRY'S 1 day ago · INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products readfull interview here
AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companion for entertainment on the go. Read more. NEWS - AFRICA BUSINESS COMMUNITIES Samsung has introduced the two newest members of its Galaxy Tab Portfolio. 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companionfor
SPEEDAF EXPRESS COMPLETES ROUND A+ FINANCING TO BUILD A 4 hours ago · Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION + CAPITAL on the basis of Round A. The tens of millions of dollars raised in this round will be mainly used for logistics network expansion in emerging markets, IT systemconstruction
EIB, CIH BANK PARTNER TO STRENGTHEN SUPPORT FOR SMES AND 4 hours ago · The European Investment Bank (EIB), and CIH BANK signed a financing partnership of €60 million to strengthen support for SMEs and mid-caps in Morocco. The assistance is part of CIH BANK’s support measures for Moroccan companies to stimulate DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing ANGELA KYEREMATEN JIMOH: WOMEN PLAYING A KEY ROLE INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
KASADA CAPITAL MANAGEMENT ACQUIRES THE LARGEST HOSPITALITY Kasada Capital Management acquires the largest hospitality complex in Namibia. Kasada Capital Management has announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. The transaction will be made through Kasada Hospitality Fund LP and remains subject to approval by the Namibian Competition Commission. STANDARD BANK PARTNERS WITH MIT ON INNOVATIVE HOUSING AND Standard Bank Group, the Massachusetts Institute of Technology's (MIT’s) Center for Bits and Atoms, and US-based architecture firm redhouse studio have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
AFRICA BUSINESS COMMUNITIESNEWSFEATURESBUSINESS DIRECTORIESSERVICESCLIENTSNEWSLETTERS 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companion for entertainment on the go. Read more. NEWS - AFRICA BUSINESS COMMUNITIES Samsung has introduced the two newest members of its Galaxy Tab Portfolio. 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companionfor
SPEEDAF EXPRESS COMPLETES ROUND A+ FINANCING TO BUILD A 4 hours ago · Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION + CAPITAL on the basis of Round A. The tens of millions of dollars raised in this round will be mainly used for logistics network expansion in emerging markets, IT systemconstruction
EIB, CIH BANK PARTNER TO STRENGTHEN SUPPORT FOR SMES AND 4 hours ago · The European Investment Bank (EIB), and CIH BANK signed a financing partnership of €60 million to strengthen support for SMEs and mid-caps in Morocco. The assistance is part of CIH BANK’s support measures for Moroccan companies to stimulate DREAM VC LAUNCHES INAUGURAL VC FELLOWSHIP PROGRAM FOR AFRICA Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space. The four-month program will run fromJune to
LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing ANGELA KYEREMATEN JIMOH: WOMEN PLAYING A KEY ROLE INTERVIEWS. Lino G. TOKPO, CEO, GENIEUP Group, Benin. Lino G.Tokpo, who is specialized in the organization of networking and business negotiation meetings, is the founder of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through the distribution of products read full interviewhere
KASADA CAPITAL MANAGEMENT ACQUIRES THE LARGEST HOSPITALITY Kasada Capital Management acquires the largest hospitality complex in Namibia. Kasada Capital Management has announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. The transaction will be made through Kasada Hospitality Fund LP and remains subject to approval by the Namibian Competition Commission. STANDARD BANK PARTNERS WITH MIT ON INNOVATIVE HOUSING AND Standard Bank Group, the Massachusetts Institute of Technology's (MIT’s) Center for Bits and Atoms, and US-based architecture firm redhouse studio have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
NEWS - AFRICA BUSINESS COMMUNITIES Samsung has introduced the two newest members of its Galaxy Tab Portfolio. 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companionfor
NEWS - AFRICA BUSINESS COMMUNITIES 05-28-2021 | 10:15:00. Samsung has introduced the newest members of the Samsung Galaxy Tab Portfolio, Galaxy Tab S7 FE which offers fan favorite features with 12.4-inch display at an affordable price and compact Galaxy Tab A7 Lite which is the perfect companion for entertainment on the go. Read more. RECONAFRICA'S SECOND WELL IN NAMIBIA'S KAVANGO BASIN 7 hours ago · Reconnaissance Energy Africa (ReconAfrica), announced the Company has set intermediate casing and is pleased to report geologic results in the first section of the second well (6-1), which again confirms a working petroleum system in the Kavango Sedimentary Basin. The Company is also strengthening SPEEDAF EXPRESS COMPLETES ROUND A+ FINANCING TO BUILD A 4 hours ago · Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION + CAPITAL on the basis of Round A. The tens of millions of dollars raised in this round will be mainly used for logistics network expansion in emerging markets, IT systemconstruction
EIB, CIH BANK PARTNER TO STRENGTHEN SUPPORT FOR SMES AND 4 hours ago · The European Investment Bank (EIB), and CIH BANK signed a financing partnership of €60 million to strengthen support for SMEs and mid-caps in Morocco. The assistance is part of CIH BANK’s support measures for Moroccan companies to stimulate TAGRESULTS - AFRICA BUSINESS COMMUNITIES Smile Telecoms receives $51 million funding to boost operations. Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, has announced that its RP (Restructuring LIQUID INTELLIGENT TECHNOLOGIES ACHIEVES 100,000 Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing EBRD, NBE PARTNER TO SUPPORT SMES IN EGYPT 5 hours ago · Small and medium-sized enterprises (SMEs) in Egypt will benefit from a $100 million loan by the European Bank for Reconstruction and Development (EBRD), to the National Bank of Egypt (NBE), to support energy efficiency, climate change mitigation and the introduction of adaptation technologies. SIMON NGUNJIRI: CLOUD IS 1 day ago · Cloud technology is driving change and accelerating digital transformation across multiple industries simultaneously. According to Marilyn Moodley, the South African Country Leader for SoftwareONE, Not only is cloud technology itself evolving at pace, but the way organisations buy and manage software is having to adapt as well.. In our previous Africa cloud review article, we highlighted WILMAR BEGINS CONSTRUCTION OF $81 MILLION VEGETABLE OIL South Africa. Asia’s agribusiness group Wilmar International has confirmed that the construction of the $81 million Wilmar Processing South Africa project is set to start this month and will be complete in April 2020. The crude vegetable oil refining facility at Richards Bay Industrial Development Zone (RBIDZ) would be used to producecooking
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COMESA REPSS records over $138 million dollars through regionalpayment system
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ECA, ECOWAS join forces to strengthen Commission's leadership and management capacities for development*
Africa CDC, UNDP partner to strengthen Africa’s response to COVID-19*
African Development Bank approves $10 million equity in Razorite Healthcare Fund for Africa*
IFC invests in private equity fund to boost growth in MENA amideconomic disruption
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First UN solidarity flight to depart Addis Ababa carrying vital COVID-19 medical supplies to all African Nations*
IFDC, WAFA, AfricaFertilizer.org partner to launch West Africa COVID-19 Fertilizer Watch*
GreenTec invests in Kenya’s logistics platform Amitruck*
Private equity and venture capital industry pledges over 1 100 hours to assist SMMEs in South Africa*
Ecom donates GH₵2.4 million worth of medicated soap for Cocoafarmers in Ghana
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NEWS
COMESA REPSS RECORDS OVER $138 MILLION DOLLARS THROUGH REGIONALPAYMENT SYSTEM
04-14-2020 | 14:08:00 The COMESA Regional Payment and Settlement System has recorded over $138 million dollars and nearly one million Euros in value transacted through the nine participating Central Banks over the last five years ending 31 January 2020.Read more
ECA, ECOWAS JOIN FORCES TO STRENGTHEN COMMISSION'S LEADERSHIP AND MANAGEMENT CAPACITIES FOR DEVELOPMENT 04-14-2020 | 13:45:00 The Economic Commission for Africa (ECA) and the ECOWAS are paving the way for close collaboration to strengthen the ECOWAS Commission's leadership and management capacities for development.Read more
AFRICA CDC, UNDP PARTNER TO STRENGTHEN AFRICA’S RESPONSE TO COVID-19 04-14-2020 | 13:31:00 The African Union Commission through the Africa Centres for Disease Control and Prevention (Africa CDC) and the United Nations Development Programme (UNDP) have jointly designed a program to support on-goingefforts in Africa.
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AFRICAN DEVELOPMENT BANK APPROVES $10 MILLION EQUITY IN RAZORITE HEALTHCARE FUND FOR AFRICA 04-14-2020 | 13:17:00 The African Development Bank approved a $10-million equity investment in Razorite Healthcare Africa Fund 1 to help improve healthcare infrastructure delivery across the continent.Read more
IFC INVESTS IN PRIVATE EQUITY FUND TO BOOST GROWTH IN MENA AMIDECONOMIC DISRUPTION
04-14-2020 | 13:05:00 IFC is investing up to $20 million into a newly independent, institutionalized private equity fund manager operating in MENA, to help small and mid-cap companies in the region improve their access to institutional capital and boost growth.Read more
FIRST UN SOLIDARITY FLIGHT TO DEPART ADDIS ABABA CARRYING VITAL COVID-19 MEDICAL SUPPLIES TO ALL AFRICAN NATIONS 04-14-2020 | 12:57:31 The first United Nations “Solidarity Flight” is scheduled to leave Addis Ababa, Ethiopia to transport vital medical cargo to all countries in Africa, where supplies are desperately needed to contain the spread of COVID-19.Read more
IFDC, WAFA, AFRICAFERTILIZER.ORG PARTNER TO LAUNCH WEST AFRICA COVID-19 FERTILIZER WATCH 04-10-2020 | 14:09:00 The International Fertilizer Development Center (IFDC), the West Africa Fertilizer Association (WAFA) and AfricaFertilizer.org have partnered to launch the West Africa COVID-19 Fertilizer Watch.Read more
GREENTEC INVESTS IN KENYA’S LOGISTICS PLATFORM AMITRUCK 04-10-2020 | 13:47:00 GreenTec Capital has invested in Kenya’s Amitruck, an innovative mobile and web based trucking logistics platform that brings together cargo owners and transporters for their mutual benefit.Read more
PRIVATE EQUITY AND VENTURE CAPITAL INDUSTRY PLEDGES OVER 1 100 HOURS TO ASSIST SMMES IN SOUTH AFRICA 04-10-2020 | 13:31:00 Southern African Venture Capital and Private Equity Association has launched a small, medium and micro enterprise support platform in collaboration with is membership network.Read more
ECOM DONATES GH₵2.4 MILLION WORTH OF MEDICATED SOAP FOR COCOAFARMERS IN GHANA
04-10-2020 | 12:53:00 Ecom Ghana presented the Cocoa Board with1.2 million units of medicated soap worth GH₵2.4 million to be distributed to cocoa farmers in the country in support of the effort to combat COVID-19.Read more
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COVID-19 affirms urgency for trade facilitation reforms in Angola,UNCTAD
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6 April: Positive news from almost all severelyaffected countries
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Shabir Ahmed: Mining sector to fast track automation amidCovid-19
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The investment case for energy transition in Africa*
Today New York will have more Corona Cases than China - Disaster in the making in Turkey*
Mukhisa Kituyi: keeping ports open and cross-border trade flowing in the wake of COVID-19*
Guy Ryder: Covid-19 has exposed the fragility of oureconomies
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Bob Koigi: Of coronavirus crisis and the silver lining forAfrica
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Jordan Graison, Head of Global Sales, Limonetik*
NJ Ayuk: The Mozambique gas promise and why it epitomizes theAfrican dream
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FEATURES
COVID-19 AFFIRMS URGENCY FOR TRADE FACILITATION REFORMS IN ANGOLA,UNCTAD
04-10-2020 | 07:18:00 The coronavirus (COVID-19) pandemic’s blow to global oil prices has re-emphasized the need for Angola to wean its economy off volatilefuel exports.
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WANDILE MCANYANA: RETAILERS MUST SECURE TRUST WITH CYBERCUSTOMERS
04-09-2020 | 13:23:00 In a dynamic, connected environment where sensitive customer data is highly attractive to hackers and forms the lifeblood of the business, facing a cyber-attack is no longer a case of "if", but "when".Read more
IDC TO EXPLORE THE RISE OF MULTI-CLOUD IN AFRICA AS COVID-19 PANDEMIC PROVES THE CASE FOR BUSINESS AGILITY 04-08-2020 | 15:14:00 By 2022, over 90% of enterprises worldwide will be relying on a mix of on-premises/dedicated private clouds, multiple public clouds, and legacy platforms to meet their infrastructure needs, according to the latest forecast from IDC.Read more
CORONAVIRUS REVEALS NEED TO BRIDGE THE DIGITAL DIVIDE, UNCTAD 04-08-2020 | 08:59:00 The global crisis brought on by the coronavirus pandemic has pushed us further into a digital world, and changes in behaviour are likely to have lasting effects when the economy starts to pick up.Read more
OKISEGERE OJEPAT: LATEST TRANSPORT DIRECTIVES IN KENYA KEY TO DELIVERING FOOD SECURITY 04-08-2020 | 06:56:10 Securing our food supply has emerged as an imperative in the current global pandemic, prompting Kenya government’s announcements of measures to prioritize the supply of food.Read more
6 APRIL: POSITIVE NEWS FROM ALMOST ALL SEVERELYAFFECTED COUNTRIES
04-06-2020 | 08:57:00 Encouraging news regarding the corona crisis is coming from almost all of the hard-hit countries. In Italy, at the height of the crisis, 15 days ago, 6557 new corona infections were registered, which was 4316yesterday
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MHLENGI NGCOBO: HOW AFRICAN ENTREPRENEURS CAN USE TECH TO SOLVE CONTINENTAL PROBLEMS 04-03-2020 | 09:32:37 African entrepreneurs need to be at the forefront of innovation and proactively be looking at strategies that will solve the foreseeable problems that will arise.Read more
USHAL MOONSAMY: FORGING ALLIANCES TO DRIVE INNOVATION ANDMEET MARKET NEEDS
04-03-2020 | 09:29:01 Collaboration and ecosystems are reshaping business relationships for long-term success and sustainability.Read more
SHABIR AHMED: MINING SECTOR TO FAST TRACK AUTOMATION AMIDCOVID-19
04-03-2020 | 09:26:00 Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice.Read more
THE INVESTMENT CASE FOR ENERGY TRANSITION IN AFRICA 04-02-2020 | 07:57:04 Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy.Read more
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* The investment case for energy transition in Africa * Mukhisa Kituyi: keeping ports open and cross-border trade flowing in the wake of COVID-19 * Shabir Ahmed: Mining sector to fast track automation amidCovid-19
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