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GE Vernova commits to support sustainable energy transition in Nigeria
Nigeria, one of Africa's economic powerhouses, faces a dynamic energy landscape characterized by a growing population, industrialization, and a rising demand for electricity.
Toyota to open a vehicle manufacturing plant in Kenya
The agreement will see Toyota set up a vehicle manufacturing plant in the country. The company has committed an initial investment of Kshs 800 million in the Kenya Thika vehicle manufacturers.
Aramco expands global venture capital programme with $4 billion funds injection
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.
Philippines, Rwanda sign agreement to bolster bilateral cooperation
Under the MOU, the Philippines and Rwanda will collaborate in the fields of human resources development, scientific and technological exchanges, education, health, agriculture, gender, youth, environmental issues, and security.
Arab Coordination Group allocates $10 billion to support energy transition
This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries.
Benefits and risks of sending international students to boarding schools in Switzerland
The country's boarding schools have long held a reputation for academic excellence, discipline, and holistic development. International parents often contemplate enrolling their children in Swiss institutions, attracted by the promise of a world-class education amidst the Alps.
Arab Coordination Group pledges $50 billion for African development
The Arab Coordination Group (ACG) has announced that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent.
IFC invests $11.5 billion for Africa’s green transition and job creation
IFC made $11.5 billion in investments between July 1, 2022, and June 30, 2023, across 40 countries, the largest ever annual commitment for the continent.
ACWA Power signs deal with NREA for 10 gigawatts wind project in Egypt
ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a player in energy transition, has signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt.
[Column] Chika Idoko: Bridging the divide: Confronting Socioeconomic inequality In Sub-Saharan Africa
As leaders who support mainstreaming equality, diversity, and inclusion, we aim to ensure that every individual, regardless of their background, enjoys the same rights, opportunities, and dignity.
Ethiopian Aviation University graduates over 1500 aviation professionals from seven African countries
The graduates are from Pilot Training, Aviation Maintenance, Commercial, Cabin Crew Schools, and Hotel Operation.
[Column] Wayne Glossop: Gas power solutions for South Africa
While to date our society has been heavily reliant on coal, it's not able to keep pace with the energy and environmental aspirations of the nation currently.
CPS and African School of Economics join forces to establish University and Research Labs in Fumba Town
CPS to announce its partnership with the African School of Economics (ASE), spearheaded by Prof Leonard Wantchekon, the esteemed President and Founder.
Kenya and Rwanda sign agreement on 10 areas of cooperation
Kenya and Rwanda Tuesday signed an agreement in 10 areas of cooperation to enhance relations. The Memorandum of Understanding will establish mechanisms for effective cooperation in Education, ICT, Gender and Child Development, Youth and Capacity Development for the Public Service.
[Interview] Joel Daniel, Founder, Solutions Platforms, Nigeria
Joel Daniel is the founder of Solutions Platforms, a company that grooms young people to succeed and have global relevance by leveraging its various programs designed to foster international education.
Volvo delivers the first heavy electric truck to Africa
Deployment of heavy electric trucks is now spreading across the world. With Europe and the US among the leaders, the shift to more sustainable transport is kicking off also in other parts of the world. In Africa, the first heavy electric truck is now being delivered in the city of Rabat in Morocco.
Education Cannot Wait renews multi-year resilience programme in Uganda with $25 million funding
The extended three-year programme will be delivered by Save the Children and UNHCR, in partnership with the Government of Uganda, and will support the inclusion in the national education system of more than 122,000 refugees.
[Nigeria Business Week] Andrea Ayemoba: Investors bet on fintechs, startups
The past couple of weeks have seen a flurry of activities in several sectors of the Nigerian economy. Startups are receiving increasing financial backing from VCs for the growith of SMEs.
Enquête de la BEI sur le climat en Côte d’Ivoire
91 % de la population ivoirienne interrogée estiment que les changements climatiques ont déjà des répercussions sur leur quotidien.
[East Africa Business Week] Bob Koigi: Accelerating sustainable and clean transport solutions
A bulk of East African countries’ electricity comes from renewables. Yet the region’s transport sector relies entirely on imported petroleum fuels.
[Column] NJ Ayuk: How Africa can capitalize on its mineral wealth to develop an electric vehicle value chain
As the entire global transportation marketplace marches toward an increasingly electrified and battery-powered future, many countries across the African continent stand at the threshold of profound economic opportunity.
Forum de l'African Business Roundtable: Que peuvent faire les gouvernements Africains pour renforcer le secteur privé du continent?
African Business Rountable (ABR), créé par le Groupe de la Banque Africaine de Développement en 1990, est la principale association d'entreprises et de chefs d'entreprise d'Afrique et représente la Société Africaine des Affaires auprès des Nations Unies.
[Column] Batya Blankers: How an income share agreement can improve access to quality education for Sub-Saharan Africa
Tertiary education has long been positively associated with economic development. While definitions and contexts can vary, tertiary education generally refers to any formal skills development beyond high school or secondary school.
[Interview] Dr. Mima Nedelcovych, Chairman, AfricaGlobal Schaffer
Dr. Mima Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer, a strategic consulting firm focused on project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa.
[Interview] Dr. Mima Nedelcovych, Président, AfricaGlobal Schaffer
Mima Nedelcovych est fondateur et président d'AfricaGlobal Schaffer, une société de conseil stratégique spécialisée dans le développement de projets, le financement de projets, la facilitation du commerce et les partenariats public-privé dans les pays en développement, et plus particulièrement en Afrique.
[Column] Tobias Alando: Securing our future: the path to net-zero
Accelerating the transition to energy efficiency and conservation is one of the surest ways of securing the future of our planet for generations to come. This is because, energy is at the heart of climate change.
Masterclass sur la préparation des projets de l'African Business Roundtable Séminaire Web gratuit, 27 juillet
Après des discussions avec diverses institutions de conseil et d'investissement, et afin d'attirer davantage les investissements vers les projets, le secrétariat de l'African Business Roundtable, en association avec Afreximbank, a conçu le "Project Preparation Masterclass"
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
[East Africa Business Week] Bob Koigi: Region bets on bioeconomy to bolster growth
Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products.
[Column] Moses Anibaba: Education for employment
Africa has the youngest population in the world, representing an enormous opportunity for the continent’s growth and the opportunity to become leaders as global citizens – provided these energetic, creative young people can achieve their true potential.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.
[East Africa Business Week] Bob Koigi: South Sudan remains a strategic player in the region’s petroleum industry
Owing to its strategic position at the heart of a wider Nile Basin-East Africa hydrocarbons-rich area, South Sudan is emerging as the hub for petroleum industry services and exploration in the region.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Interview] Christina Bwana, General Manager, Ubongo, Tanzania
Ubongo is a Pan-African social enterprise that creates localised edutainment to help Africa's 440 million kids learn, and leverage their learning to change their lives.
[Nigeria Business Week] Andrea Ayemoba: The 'ember' months performance review
The end of year (fondly referred to as ‘ember months’) tends to bring about anxieties of different sorts among Nigerians.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
[Nigeria Business Week] Andrea Ayemoba: National GDP for Q3 sees increase, amid growing economic concerns
The Nigerian Minister for labour recently has affirmed that more needed to be done in order for the employment crisis to be mitigated. He did allow that much has been done, but a lot of action still was required if the problem was to be tackled from the roots.
[Startup Interview] Adedokun Muhammed-Ali Adedeji, Founder, Brightcloud Automobile, Nigeria
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.
[Column] Mathew Hall: Why off-grid solutions are starting to make more sense to South Africans
With load shedding back and disrupting day to day life, compounded by consumers feeling the 15% increase on their electricity bill, alternative sources of energy are starting to look more attractive to South Africans.
Eastern and Southern Africa's vast renewables potential offers route to sustainable growth, IRENA
Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow.
[Column] Andres Vega: Powerships: A solution for Africa’s energy short-term supply?
Energy poverty represents one of the most critical challenges for development in Africa. According to the International Energy Agency, in 2019, the continent had more than 580 million people without electricity access.
[Column] Titilayo Adewumi: Building greater sustainability, climate resilience in West Africa
Across Africa, urban centres are rapidly expanding as the continent’s large – and growing – youth population seek better fortunes in the city.
[Column] Charné Hundermark: South Sudan pursues a power sector revival
South Sudan is re-directing its focus on power sector development in a bid to dramatically transform its electricity market, which faces a deficit of approximately 170 MW and has led to one of the lowest electricity access rates globally.
[Column] Gaopalelwe Santswere: What the future hold for South Africa’s energy mix
South Africa relies on coal-fired power stations to produce approximately 90% of its electricity. Moving forward, the country's aim should be to reduce this percentage.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people.
Rystad Energy analysis shows Africa’s renewable energy capacity is set for consecutive years of growth
Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows.
[Column] Emma Colenbrander: Is an Amazon for Africa’s “energy poor” in the making?
A majority of consumers in Africa still live off the grid, in what are commonly called "last-mile" communities.
New economic analysis for Malawi calls for efficient public investment management to improve service delivery in water and energy
Malawi faces an infrastructure investment gap in the energy and water and sanitation sectors of approximately $332 million per year due to limited fiscal space combined with weak public investment management and inefficient State Owned Enterprises.
[Column] Phyllis Wakiaga: Promoting sustainability through energy efficiency and conservation
Energy Efficiency might sound like ‘ Board Room speak’ to many, but what is it really?
[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment.
New analysis shows onshore wind potential across Africa enough to power the entire continent many times over
Developing Africa’s huge onshore wind energy potential can boost its transition to affordable and reliable clean energy. For the first time ever, wind and solar made up the majority of the world’s new power generation in 2019.
Finance for renewables in developing countries on the rise, IRENA highlights
Global finance to developing countries in support of clean and renewable energy reached $21.3 billion in 2017, which almost doubles the level from 2010 when international financial flows were at $10 billion.
[Column] Toufik Khitous: How Egypt bets on renewables to meet expected energy demand surge
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?
[Column] Siyabonga Mbanjwa: Delivering sustainable energy across Africa in a more accessible and reliable way
The global Coronavirus pandemic has disrupted the operating environment for both the public and private sectors as a result of the unprecedented lockdowns and restrictions put in place by countries to curb infections.
[Column] Dr. Kevin Kariuki: The journey to electrifying Africa
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa, the Bank’s investments are set to provide electricity access to around 13 million people.
[Column] Verner Ayukegba: Africa’s energy transition must be African at heart and in practice
Africa is at an energy cross-road. On one hand, the most talented, better educated, most entrepreneurial and competitive generation the continent has ever had is rising.
The investment case for energy transition in Africa
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.
[Interview] Joy Owango, Executive Director, Training Centre in Communication, Kenya
Training Centre in Communication is a centre that works with researchers, research institutes and governments in Sub Sahara Africa to produce and improve their research output and visibility.
[Column] Peter Salovey: Looking to Africa’s future: The promise of transnational ties
Nearly seven years ago, when I became president of Yale University, five of the top twelve-and eleven of the top twenty-of the world’s fastest growing economies were in Africa.
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
[Column] Saeed Mohemmed: Youth at the heart of the African free trade area success
The Free Trade Zone is an excellent idea and can be implemented to become a global reality that benefits the whole world, and not just Africa
[Column] John Defterios: The global energy challenge and the answers that lie in renewable power
It is big, fast growing, with a young population and a middle class that is nearly as big as the entire U.S. population.
[Startup Interview] Wilhelmina Diop, Marketing Director, HelloSolar, Ethiopia
Wilhelmina Diop is investing her skills in Renewable Energy and Sustainable Development into providing rural communities in Ethiopia with affordable access to power, through the startup company, HelloSolar.
[Interview] Eric Vondee, Founder, My Home Teacher, Ghana
Eric Vondee is the Ghanaian entrepreneur that founded, in 2015, a company dedicated to brining education into Ghanaian homes through private tutoring on demand.
[Interview] James Maina, Executive Director, Daima Trust, Kenya
James Maina is a Kenyan social entrepreneur using his passion to transform and impact communities across the country. He exclusively talked to Africa Business Communities about social enterprising, as he narrates his business story.
[Interview] Jill Sawers, Director, FEMTECH, South Africa
Dr. Jill Sawers is an innovation, business and entrepreneurship development specialist that co-founded FEMTECH to roll out in Africa an experiential training programme for women entrepreneurs running technology-enabled businesses.
[Interview] Kirsty Chadwick, Group CEO, TTRO, South Africa
Kirsty Chadwick, a citizen of New Zealand, puts to work her passion for education and the technology at her disposal to create innovative, cost effective and fully customised e-learning solutions.
[Interview] Kathryn Main, CEO, Money Savvy Kids, South Africa
Kathryn Main is an advocate of financial literacy and believes it is a cornerstone of prosperity and security for any community. The author of 'Raising Money Savvy Kids', she runs her company in Johannesburg, South Africa, delivering financial education in a number of ways.
Ten developments that will shape Africa’s energy sector in 2019
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
[Kenya Business Week] US key investment target in Africa
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
[Column] Armando Da Silva: Why solar power is the obvious solution for South Africa
As South Africa kicks off the New Year with a lower petrol price and hopes for a constructive 2019, there are some looming problems that hinder the great spirit of the country.
[Kenya Business Week] Manufacturing, automation and job creation nexus
Even with mounting fears that rapid automation could reduce the number of jobs in the Kenya’s manufacturing sector, a new report posits that digital technologies can, in fact, boost job creation.
[Kenya Business Week] Flying into new opportunities
African countries have been pushing for an open skies agreement to make intra Africa trade and movement cheaper and faster.
[Column] Bob Koigi: Renewable energy lights the way for Africa
The growing appetite for energy in Africa despite unreliable hydro power has birthed renewable energy renaissance.
[Startup Interview] Musawa Mukupa, Founder, Health Literacy Zambia
Despite spirited efforts to provide affordable education to all in Zambia, more than 80,000 children of school going age are out of school.
[SA Business Week] Opening businesses to the world, growing markets
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
[Interview] Irfan Mirza, CEO, Trend Solar, Tanzania
Irfan Mirza is an IT consultant, project manager and strategist who co-founded Trend Solar, a power solution for rural communities in Africa.
[SA Business Week] Naspers breathe new life into startups, filmmakers train eyes West
The tech startup fever has been spreading across the globe like bush-fire and Africa has not been left out in this bandwagon. More and more people are entering into the tech space because technology never gets old and new inventions keep evolving.
[Kenya Business Week] Breathing new life into SMEs
Small and medium sized businesses in Kenya represents 75 per cent of the country's workforce, constitute 98 percent of all businesses in Kenya and contribute 3 percent to the national purse.
[Kenya Business Week] The economic cost of trade misinvoicing
Even as Kenya continues to seal loopholes of money laundering and illicit flows, details are emerging that the country is experiencing sophisticated forms of tax evasion.
[Kenya Business Week] Renewed onslaught on fake news
With Kenya having experienced proliferation of online news channels occasioned by an impressive penetration of the internet and a critical mass of consumers with an insatiable appetite for breaking news, truth and fact have been the latest casualties.
[South Africa Business Week] Monash South Africa is now AdvTech owned
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
[South Africa Business Week] Why SA entrepreneurs are not thriving
A Study carried out on more than 1000 entrepreneurs in South Africa revealed that entrepreneurship in South Africa is not thriving, despite the fact that South Africa is one of Africa's strongest economies.
[Kenya Business Week] Championing electoral reforms with blockchain
Kenya’s public institutions have this week increased their investments in technology to improve service delivery and address some of the most pressing problems in a development that is receiving thumbs up from both local and international players.
[Nigeria Business Week] Courting economic expansion one deal at a time
International organisations have shown an increased interest in the Nigerian economy since the stablization of the dollar and the exit from the recent crisis that befell the country.
[Nigeria Business Week] Towards self-dependence, reduced importation
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
[Nigeria Business Week] Ensuring co-operation and diligence in trade
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.
[Startup Interview] Tomiwa Majekodunmi, CEO, NASPA, Nigeria
At a time when the electricity needs of Africa continue to outstrip available supply, a company in Nigeria is investing in providing low cost, clean and sustainable energy to especially those not connected to the national grid.
[Kenya Business Week] Cementing US trade with direct flights
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
[Column] Jens Ischebeck: Achieving blended learning in Africa
I contend that the educational system in Africa is ripe for reform, both in terms of the physical infrastructure by means of which educational content is delivered and in terms of the ways in which education is theorised and spoken about.
[Kenya Business Week] Energizing investor relations
Kenya this week continues to strategically place itself to benefit from regional integration and reap from its warm relationship with development partners and international investors.
[Kenya Business Week] Power to businesses
As Kenya now fully recovers from a grueling election that took a toll on its economy, key sectors are experienced renewed resurgence and the business climate is promising.
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
The Africa tech week has been abuzz with news of cross border public and private sector partnerships, companies aligning themselves with the burgeoning demands of the continent’s ICT sector and the growing IT spend.
[Free Webinar] Study at Wits Business School Johannesburg, gateway to business in Africa
Besides its flagship MBA programme the school has the largest specialized masters’ programmes in South African business schools
[Column] Hannes Venter: Tomorrow's smart cities will need equally smart utilities
Sustainable energy consumption and 'green' energy production at home is becoming a new lifestyle.
[Column] Nalin Jena: Making textbooks affordable and available for every student in Kenya
Every January just before the start of the new school year, parents in Kenya and across Africa often face a huge headache: purchasing textbooks and school uniforms for the school year ahead.
[Column] Jens Ischebeck: How East African students can pay for online courses
With developing technology that has promoted reliable and stable internet connectivity among east African countries, students from the region can now take their courses in the comfort of their homes.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here