Earth Alive Clean Technologies Inc. a leading Canadian Clean-Tech company, reports that it’s organic and patent-pending soil inoculant Soil Activator® has gained final registration for sale in Côte D’Ivoire.
Kyle Moss serves as a government affairs program manager and head of global entrepreneurship for Qualcomm Wireless Reach. Based in San Diego, Moss designs, implements, and manages social impact programs throughout Africa, Asia, and the US.
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into a Ugandan milling business, Talian Company Limited.
The Ministry of Mines and Hydrocarbons, Ophir Equatorial Guinea Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial have nominated Gunvor Group Ltd as its preferred LNG Buyer for offtake from the Fortuna FLNG project.
Youtap, a global provider of contactless mobile payments and financial services software, has launched a QR code solution and smartphone apps for mobile money services in Africa and Asia.
African countries notably Kenya and Ethiopia continue to feature prominently in the global flower industry with the sector being on a meteoric rise flower industry has been on a meteoric rise, both in production and exports.
L.E.A.F. Pharmaceuticals LLC, a global pharmaceutical company with a mission to discover, develop and commercialize innovative and safe therapies for cancer has announced the establishment of L.E.A.F. Rwanda Ltd.
As one of the fastest growing international burger franchises, Burgerim is already in 16 countries and are now adding locations in Egypt and the UAE.
[Tanzania] AB Minerals Corp signs MoU with African Minerals & Geosciences Centre for Strategic Partnership
AB Minerals Corp. is pleased to announce that it has signed a Memorandum of Understanding with the Africa Minerals and Geosciences Centre to establish a Strategic Partnership for the Company’s new Made for Africa Eco-Friendly coltan processing facility.
The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travelers.
Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks has appointed Rupali Gupta as Head of Investor Relations.
Axel Peyriere is co-founder of the number one car classifieds websites in Africa, the AfricarGroup, which covers 22 countries and translated into 10 local dialects of the continent. His interview with Africa Business Communities:
[South Africa] Latest PMI data and a weaker rand to further reduce margins of metal and engineering companies
Manufacturers continue to face serious headwinds despite last month’s decision by the South African Reserve Bank to cut the repo rate by 25 basis points, which was an expansionary monetary policy move to reduce costs.
Fitch Ratings grants Moroccan reinsurer Societe Centrale de Reassurance Triple A rating with a stable outlook
Moroccan reinsurer Societe Centrale de Reassurance (SCR has been granted by Fitch Rating services local triple A rating (AAA) with Stable Outlook, reflecting its financial soundness and solvency of 202% Solvency Ratio for the year 2016.
Ciao Group, Inc. has announced further details on an Initial Currency Offering (ICO) planned for later this year.
TerraPay, the world's first mobile payments switch has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country.
Angola Cables has taken a step closer to completion of the South Atlantic Cable System (SACS) at an official launch in Sangano, Angola.
A.P. Moller Holding has together with PKA, PensionDanmark and Lægernes Pension launched a new infrastructure fund with a focus on Africa. Ghana stands to benefit significantly from the funding in the medium to long term.
Vodacom has successfully acquired a 35% stake in Kenya’s Safaricom from its parent firm Vodafone Group for ZAR35 billion ($2.6 billion).
Angola Cables today took a step closer to completion of the South Atlantic Cable System at an official launch in Sangano, Angola. SACS is the first direct link between Africa and South America.
The governments of India and Nigeria are set to forge closer cooperation in a determined effort to accelerate growth in Information and Communications Technology with a view to boost both countries’ economies.
Standard Bank Namibia, one of the southern African country's oldest banking institutions, says its relationship with Chinese companies and business people has grown from strength to strength.
Banking solutions provider, I&M Bank has secured a crucial deal to provide strategic services to German private sector companies who have established their operations in the East Africa region or plan to penetrate into this market.
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Capital Markets Authority (CMA) Kenya signed a Cooperation Agreement which provides a framework for cooperation to support financial innovation in each jurisdiction.
The Commonwealth is helping Cameroon explore ways to increase the benefits of e-commerce and digital trade as a tool for achieving its national development plan.
Perspex South Africa has recently joined forces with Tigers SA in an effort to provide customers with enhanced service delivery.
The new Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, officially has taken office took office.
Sapiens International Corporation, a global provider of software solutions for the insurance industry with a growing presence in the financial services sector says ihas significantly increased its investment in the South African market.
The decision by the African Union to introduce an African passport and abolish visa requirements for all African citizens is the most transformative and historic attempt the continent has ever made in opening up its borders to its people
The Nigerian National Petroleum Corporation has said the West African Gas Pipeline would be extended from Ghana to Cote d’ Ivoire as part of the Federal Government West African energy integration policy.
Belfrics Global, a Malaysia based bitcoin technology provider has launched its Bitcoin Exchange in Kenya to allow traders and Bitcoin users to trade at a much lower cost.
Cia Group engages East African Development Partners in planned $530 billion Initial Currency Offering targeting African financial markets
Ciao Group, Inc. is engaging East African Development Partners, a subsidiary of Restance, to integrate a Blockhain solution for Ciao's Initial Currency Offering (ICO).
Comtech Telecommunications Corp targets African banks with new network platform to boost transaction volumes
Comtech Telecommunications Corp has announced that its industry-leading Heights Networking Platform has been chosen to expand services for two leading international banking organizations throughout the African continent.
U.S. Ambassador to Ghana Robert P. Jackson joined officials from the Ministry of Trade and Industry at a validation workshop on Ghana’s African Growth and Opportunity Act (AGOA) Strategy.
Acting Nigerian President, Prof. Yemi Osinbajo has inaugurated a giant world-class fertilizer plant, built by Indorama Eleme Fertilizer and Chemicals Limited at a cost of $1.5 billion.
With the support of a UK firm, entertainment and gaming company Western Lotto Nigeria Limited entered the Nigerian market July 10 with five international lottery games and pledged to change the landscape of gaming in the country.
Senegalese based digital solutions company Wari has joined the US‑Africa Business Center initiated by the US Chamber Of Commerce. Wari's CEO and founder, Kabirou Mbodje, will also sit on the Center's Board of Directors.
[Ethiopia] Tameru Wondm Agegnehu law firm signs exclusive partnership with BonelliErede to tap into Italian investment
Ethiopian law firm Tameru Wondm Agegnehu has agreed an exclusive partnership with major international law firm BonelliErede.
Africa-focused private investment firm Helios Investment Partners, the leading, has acquired Fertilizers and Inputs Holding B.V. which holds Louis Dreyfus Company’s Africa-based fertilizers and inputs operations.
In one of the most historic payouts in the history of Kenyan agriculture, tea farmers last year received Sh61.99 billion, about $597 million, in what was attributed to a favourable demand for the leaf at the international markets and good climate.
Egypt-based investment bank EFG-Hermes has been licensed to operate a stockbroker unit in Kenya with an eye on an investment bank permit, targeting institutional and high net-worth investors from the Middle East.
Nigeria's benchmark index hit new two-year highs on Tuesday, led by banking shares after the central bank said it was committed to opening up the local currency market to investors.
DH2i, the leading provider of Microsoft Windows Server applications management, has entered into a strategic reseller agreement with one of Nigeria's premier IT services and solutions firms, IGWET Consulting.
TAAG Angola Airlines partners with Discover the World for marketing representation in France, Germany and Russia
TAAG-Angola Airlines, Angola's national carrier, has recently launched a new partnership with Discover the World for sales and marketing representation in France, Germany and Russia.
A new UNIDO project will help revive the Egyptian cotton industry which produces some of the highest quality fibre, known all over the world as Egypt’s ‘white gold’.
[Cameroon] Bolloré Transport & Logistics, CMA CGM and CHEC sign concession agreement to manage Kribi container terminal
A consortium of French and Chinese companies have signed a concession agreement to Cameroon’s Kribi Containers Terminal, a reference Port Terminal in Africa.
The Kenya Horticultural Council (KHC) has been launched to support the industry’s growth by championing compliance with domestic and international quality standards and other market access requirements.
EU-Egypt Association Council has endorsed the EU-Egypt partnership priorities for 2017-2020.
NEPAD Infrastructure Project Preparation Facility proposes regional information hub to stimulate investment in Africa
The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a regional information hub to advertise bankable projects in Africa.
The British Government has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian Oil and Gas Industry.
International Finance Corporation has invested three million Euros in Frutas & Legumes, a vertically integrated producer and exporter of cashew nuts and mangoes in Guinea-Bissau.
Labacorp Group has built a name and legacy in key economic sectors spanning real estate, agribusiness, manufacturing and construction among others. It oversees the activities of nine wholly owned-majority owned operating member companies
Several African fruit producers and exporters have come together to create "AFFRUIBANA", the First Pan-African Association in defence of their Interests with members drawn from Cameroon, the Ivory Coast and Ghana.
Continental Free Trade Area (CFTA) negotiations are moving in the right direction and at the desired pace, with the first phase of the negotiations expected to be concluded by the end of 2017, Coordinator of the African Trade Policy Centre (ATPC), David Luke has said.
Lola Ekugo runs an online business that connects travelers and people in Nigeria who want to buy items abroad or transport documents from abroad.
The Republic of Madagascar has become the 20th country to sign the Tripartite Free Trade Agreement.
Farming financing programs set to secure international demand for produce from small farmers in Rwanda and Tanzania
The International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP) are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP) to improve food security among vulnerable people in Rwanda and Tanzania.
Egypt stocks are expected to extend gains this week after the government secured the second tranche of IMF loan, with foreign investors likely to inject fresh cash in the country’s cheap shares.
In an economy facing a third possible downgrade, mounting living costs and scarce jobs opportunities, it’s reassuring that the direct selling industry is one of the few sectors showing growth over the past 18 months.
Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year. According to Ethiopian Coffee & Tea Development and Marketing Authority, it has accomplished 92 per cent of its set goal to increase coffee exports.
Boosting intra-African trade is the most effective channel for trade to deliver development on the African continent, Economic Commission for Africa's Capacity Development Division (CDD) Director Stephen Karingi has said.
Both the total value and total number of contracts traded on the JSE’s Currency Derivatives market has effectively more than doubled every year since the launch of the market in 2007.
More than 20 awards were presented have been recognized during the first edition of the ECOWAS Quality Award, to companies, personalities and institutions, for their contribution to the promotion of quality in West Africa.
BizVibe, a smart b2b networking platform for global b2b buyers and suppliers, has announced the next generation of its b2b networking platform for Africa’s textiles industry.
Josh Okpata has built a unique business in Nigeria and Kenya, the first of its kind in Africa that allows peer to peer leasing for businesses and individuals.
The Board of Directors of the African Development Bank Group has approved a historic framework agreement known as the Pillar Assessed Grant or Delegation Agreement (PAGODA) between the Bank group and the European Commission.
The African Export-Import Bank (Afreximbank) has announced the appointment of Ibrahim Sagna as Director of its Advisory and Capital Markets (ACMA) Department.
The signing of the tripartite free trade area agreement by South Africa in Kampala has injected fresh momentum into the tripartite negotiations to create a free trade area covering half of Africa.
Case IH has entered the Nigerian market by unveiling tractors that will be sold and serviced by its exclusive distributor and after-sales service supplier, Dizengoff Nigeria.
The Government of Liberia has received a grant of $11.2 million from the European Union (EU).
Switzerland and Ghana have recognized the quality of their bilateral relations during the visit of Swiss Confederation president Doris Leuthard to Ghana.
One of New Zealand's longest-running pioneering businesses, Gallagher Power Fence Systems Limited, has announced plans to expand operations in Kenya at Tatu City.
TradeMark East Africa and IOM enter agreement to enable faster movement of migrants at East Africa border posts
TradeMark East Africa and the International Organization for Migration have entered into a partnership agreement that will facilitate faster clearance of migrants at border posts.
Court declines to stop East African Community member states from signing Economic Partnership Agreement
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
Often regarded as one of the orphan crops as more farmers abandon it for more modern crops, the West African yam is making a big come back and conquering international markets thanks to the value addition efforts of Lateef Apau Wiredu, the owner and CEO of Ilaha Ghana Company Limited
Andersen Global has announced the addition of a presence in Egypt by way of a collaboration agreement with Maher Milad Iskander and Co., an Egyptian tax and legal firm based in Cairo.
The French Development Agency (AFD) has committed over one billion euros in Nigeria, the French Ambassador to Nigeria, His Excellency Denys Gauer, has said.
The import-export industry has gradually developed over the years. This is due to the diversification of most government from oil as the core revenue generating methods for the nation to non-oil income.
The African Export-Import Bank has provided a total of $200 million in financing to date to support the Gabonese economy.
Rwanda and Congo Brazzaville have signed an agreement establishing a framework under which the two countries can cooperate in various areas of interest.
Five hundred COMESA Virtual Trade Facilitation System (CVTFS) kits have been supplied to the government of Malawi to support trade facilitation.
The Kenya horticulture sector is set to undergo major changes as the country fights to consolidate its international markets.
Erin Energy Corporation has announced that the Government of the Republic of The Gambia has approved the farm-out agreement with FAR Ltd., an Australian Securities Exchange listed oil and gas company.
The Delivery Unit, under the Office of the Prime Minister of Guinea (DU), the Ministry of Agriculture and main actors in the sector have set a target of 100 tons of fresh pineapple exports targeting international markets , by the end of January 2018.
East Africa continues to maintain its lead in regional growth in Africa reaching 5.3% in 2016 Real GDP growth. The economic success of Ethiopia is attributable to its desire to grow its economic base amidst structural challenges.
The recent strategic intervention of the Nigerian National Petroleum Corporation which led to a 42 percent fall in the price of Automotive Gas Oil, popularly called diesel, has continued to sustain the downward price across the country.
As Kenya prepares for its General Elections in August, the government has outlined its fiscal strategy with further growth expected in the economy and several changes to tax laws established to support budgetary considerations.
The South African financial technology company that brought card-payment systems to smaller businesses in 2008 has just announced a new integrated payment solution that will benefit franchise store owners and larger independent retailers.
[Tunisia] Africa Finance Corporation announces $28 million loan facility for development of oil block
Africa Finance Corporation has announced it is to provide a $28 million subordinated loan facility for the development of Topic SA’s (Topic) Halk El Menzel offshore oil concession block in Northern Tunisia.
The size of intra-African trade could be doubled from the current level of about $170 billion per year to almost $400 billion by addressing the issue of availability of market information on the continent.
Business1.com is the base of the international business-to-business 1.com-websites. Africa Business Communities is meeting with founder Marc Gellings.
The African Export- Import Bank, Afrexim is introducing a programe to support companies with proven intra-African trade experience and operations and with value chains spanning across countries.
Fountain Technologies Ltd (FTL) has entered into a strategic business alliance with Ferri Group, a Luxembourg based company, which will see the two companies jointly bid and tender for industrial and electrical projects.
Since inception, Massmart’s Supplier Development Programme has supported as many as 32 small local manufacturers gain access to market and form part of the broader Massmart supply chain.
The African Export-Import Bank has in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade.
Increased use of plastic money in transacting propelled the value of transactions through point of sale terminals beyond $1 billion in the four months to April 2017.
ECOWAS should adopt a two-track approach to introduction of common currency - Former President Obasanjo
The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a common currency, with countries that are ready being allowed to go ahead with implementation initially.
Britain's exit from the EU has brought into question the benefits of intra-regional trade, with some commentators suggesting that it could sound a warning for Africa's regional integration project.
The African Union Commission and The New Zealand Ministry of Foreign Affairs and Trade (MFAT) have signed a partnership for the establishment of the ‘New Zealand – Africa Geothermal Facility’.
South African companies taking part in the Outward Selling Mission in Kenya have identified several business opportunities in different sectors.