News

Dangote industries lists N300bn series 1 and 2 Bonds on Nigerian Exchange

03-31-2023 | 13:05:00
The Group Chief Executive Officer, Dangote Industries Limited, Mr Olakunle Alake has expressed delight upon the completion of the listing of the firm’s N300bn series 1 and 2 Bonds on Nigerian Exchange Limited, commending the depth of capital market.

Kenya and Nigeria embrace Free Trade deal to boost economic development

03-31-2023 | 13:02:00
The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits making it a potential game changer for Africa’s economic development.

Green Climate Fund commits $253 million to AFC’s Infrastructure Climate Resilient Fund for Africa

03-31-2023 | 09:16:53
Approved during the recently concluded 35th meeting of the GCF Board, this landmark transaction also represents GCF’s biggest commitment to an Africa-wide multi-country program, facilitating AFC’s innovative introduction of climate-resilient infrastructure as a new asset class in the African investment landscape.

EssenceMediacom names Shaneel Singh first COO for Sub-Saharan Africa

03-31-2023 | 09:14:15
Shaneel Singh, currently Chief Product & Growth Officer for South Africa, has been named as EssenceMediacom’s new Chief Operating Officer (COO) for Sub-Saharan Africa.

XRP Healthcare expands into Africa

03-31-2023 | 09:10:46
XRP Healthcare has announced its entry into the African Healthcare sector to acquire and merge privately owned healthcare establishments via its subsidiary XRP Healthcare Africa, creating a sustainable premier healthcare network.

Investment worth $35 trillion needed by 2030 for successful energy transition, report

03-31-2023 | 09:08:45
The Preview warns that a lack of progress further increases investment needs and calls for a systematic change in the volume and type of investments to prioritise the energy transition.

[Ghana] Spotify invests in community recording studio Vibrate Space

03-30-2023 | 13:31:48
Spotify on Tuesday announced a new investment in Vibrate Space from its Creator Equity Fund to support emerging artists in Ghana.

Nigerian fintech firm Zone adopts ThetaRay AI Solution to screen payments

03-30-2023 | 13:31:05
Headquartered in Lagos, Zone serves large commercial banks, payment fintechs, digital banks, and OFIs with real-time, low-cost settlement of both fiat and digital currencies for domestic and cross-border payments.

Kenya to partner with Univercells to set up Biotechnology Center

03-30-2023 | 13:25:00
The Head of State said the partnership once finalised will also include skills transfer to boost the country’s human capital in the pharmaceutical industry.

[South Africa] Luno expands crypto offering to include Avalanche (AVAX) and Polygon (MATIC)

03-30-2023 | 13:24:17
Crypto exchange platform Luno is adding two more crypto investment opportunities to its platform - Avalanche (AVAX) and Polygon (MATIC).
 
Features

[column] Alain Ebobissé : Why bankable projects are key to win-win US-Africa investment

03-30-2023 | 13:57:00
The United States-Africa relations are back in the spotlight, and investment is the word of the hour. Crafting mutually beneficial relations will depend on developing a credible pipeline of bankable and sustainable projects on the African continent.

[Report] e-mobility innovators unlocking access to the US$3.65bn motorcycle market in sub-Saharan Africa

03-30-2023 | 13:31:20
Electric motorcycles are set to be a dominant force in sub-Saharan Africa’s sustainable mobility transformation, but continued investment in start-ups tackling barriers across the value chain will be critical to maximise the full potential.

[Column] Chris Boshoff: Connecting the digital backbone

03-30-2023 | 12:28:00
The Internet of Things (IoT) isn’t new, but it has simmered on the edges of innovation and transformation for years and now it has, as the World Economic Forum puts it, ‘quietly arrived’.

[Africa Business Communities Forum] How are the 2023 elections affecting businesses in Nigeria?

03-30-2023 | 12:09:00
With the end of the first quarter here, Africa Business Communities talks with business owners and CEOs in Nigeria on the effect this year's elections is having on the economy at large.

[Column] Oliver Chapman: Banking frailties highlight the importance of cashflow considerations in the supply chain

03-30-2023 | 08:09:31
Despite the crises at Credit Suisse, Silicon Valley Bank, Signature Bank, First Republic Bank and rumours circulating concerning Deutsche Bank, central banks have recently increased interest rates.

[Column] Apollos Nwafor: Investing in African food systems resilience

03-30-2023 | 08:04:08
Multiple natural and man-made shocks to agri-food systems including drought, floods, fall armyworm invasion, the COVID-19 pandemic and the Russia-Ukraine conflict have disproportionately affected the continent, driving up food prices.

[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023

03-30-2023 | 07:23:29
As governments and businesses continue to unlock new value and efficiency through digital services, one key challenge remains. Organisations need to be assured that the person on the other side of the screen is human, and are who they claim to be

[Column] NJ Ayuk: Time to break the deadlock on TotalEnergies’ offshore gas deal

03-29-2023 | 12:27:10
There’s another complication at hand, in that South Africa’s government has pledged to reduce the power sector’s carbon emissions intensity.

[Interview] Dr. Allan Pamba, Executive Vice President, Africa, Roche Diagnostics

03-29-2023 | 09:28:00
Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives.

[Interview] Ayodeji Ayorinde, Co-founder, Artisankonect, Nigeria

03-27-2023 | 11:06:00
Artisankonect is a Nigeran startup that helps outsource user requests to skilled persons. Africa Business Communities chats with Ayodeji Ayorinde, one of the founders.