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South African agency Flume Digital Marketing opens European hub in Amsterdam
South African agency Flume Digital Marketing, with offices in Johannesburg and Cape Town, is expanding to Amsterdam – located on the Weesperstraat.
AfDB announces investor calls for inaugural USD global benchmark sustainable hybrid capital transaction
The African Development Bank has announced the upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark Sustainable Hybrid Capital transaction.
Vodafone and Amazon's Project Kuiper to extend connectivity in Africa and Europe
Vodafone and Vodacom plan to use Project Kuiper's high-bandwidth, low-latency satellite network to bring the benefits of 4G/5G connectivity to areas that may otherwise be challenging and prohibitively expensive to serve via traditional fibre or microwave solutions.
European Union, Germany join forces to boost Rwanda's mining sector
The project is jointly funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and will be implemented by GIZ in cooperation with RMB
Flutterwave and Token.io partner to provide pay by bank transfer to users in UK and EU
Flutterwave, Africa's payments technology company, has collaborated with Token.io, Europe's account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave's platform.
Ethiopian set to launch passenger service to Copenhagen, Denmark
Ethiopian Airlines is set to launch a new passenger flight to Copenhagen, Denmark effective 22nd May 2023. The new flight will be operated five times a week except on Tuesdays and Sundays.
African startups land deals at European tech events
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.
Low-carbon investments to rise by $60b in 2023 as inflation weakens, hydrogen and CCUS spending to surge, Rystad Energy
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and CCUS infrastructure, Rystad Energy research shows.
IBM appoints Ana Paula Assis as Chairman for Europe, Middle East and Africa
IBM has announced that Ana Paula Assis, General Manager IBM Europe, Middle East & Africa will take on the expanded role of Chairman Europe, Middle East & Africa, succeeding Martin Jetter, who is retiring from IBM at the end of 2022 after 36 years of service to the company.
[Column] Apollos Nwafor: The Green Deal could help address Africa’s food security challenges
The conflict between Russia and Ukraine has brought about new complexities in the global supply of staple food items and inputs like fertilizer, affecting many African countries.
Kenyan health startup Afya Rekod partners with Medi-Science to improve personal health data in Africa and Europe
The partnership will give patients an accessible record of their own health history, by enabling patients, doctors and hospitals to host health records securely on one platform through a digital application.
European Union invests €5 million to support digital transformation in Libya
The three-year project (2022 – 2025) aims at promoting an investment-friendly and conducive business environment, strengthening the Libyan private sector and thus contributing to economic growth in Libya.
Kenyan herb farmer reaps from export markets
Mr, Joseph Opondo, the Director of Tangla Gardens, who has worked for close to 40 years in public service, got a light bulb moment following years of travel.
Italy's PM signs deal for more gas from Algeria
Italian Premier Mario Draghi has secured a deal for more natural gas imports across a Mediterranean pipeline from Algeria.
Satellite Monitor annual research shows SES increase reach to 366 million TV homes worldwide
SES announced the results of its annual Satellite Monitor market research, the industry’s premier accounting of satellite’s TV reach, which underscores SES’s position as the leader in enabling content delivery via satellite directly and indirectly.
French investments in Egypt hit 4billion euros, PM Madbouly
Prime Minister Mostafa Madbouly has asserted that the partnership between Egypt and France is based on the important role both play in achieving development by doing business in joint projects.
IFC, African and European partners launch alliance to support private sector growth in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the Alliance for Entrepreneurship in Africa.
Smile Identity launches enhanced document verification in Africa, Europe and North America
Smile Identity, the pan-African identity verification provider, announced the launch of Document Verification, its latest product designed to help companies onboard users onto their platforms.
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa's highest valued Unicorn
As the African fintech industry continues to bloom, so does the funding. Flutterwave, the San Francisco-headquartered and Lagos-based company has now become Africa's highest valued startup with a valuation of over $3 billion.
East African Community hails the European Union for lifting financial sanctions on Burundi
The East African Community (EAC) Secretary General, Hon. (Dr.) Peter Mathuki, has hailed the European Union (EU) for lifting financial sanctions that it imposed on the Republic of Burundi almost six years ago.
Kenya, Hungary sign bilateral agreements for cooperation in health, water, education and diplomacy sectors
Kenya and Hungary signed four bilateral agreements for cooperation in health, water, education and diplomacy sectors.
The Ecobank Group secures €100 million credit facility from European Investment Bank to fund SMEs
The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic.
Kenya set to resume mango exports to European Union after a 7 year ban
A team comprised of Government regulatory Agencies as well as the Private Sector in the horticulture sector have met and discussed with counterparts from the European Union (EU) and EU private sector equivalents on possible resumption of Mango export to the European Union after a self·ban of seven years.
FMO partners with Northern Arc Capital to support young, female, migrant and COVID19-affected entrepreneurs
NASIRA is a risk sharing facility provided by FMO for local financial institutions lending to underserved segments.
Standard Chartered appoints Bongiwe Gangeni to lead Consumer, Private and Business Banking for Africa, Middle East, Europe region
Standard Chartered has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval.
afriQloud et whitesky.cloud ont mis en place les bases d'une infrastructure fédérée EMEA cloud
En partenariat avec la société européenne whitesky.cloud, afriQloud a conçu une toute nouvelle architecture pour des services cloud abordables et locaux.
afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.
Flutterwave launches two Europe-Africa payment remittance corridors via Stellar network
Working with TEMPO, Flutterwave is leveraging the Stellar network and Stellar USDC to simplify remittances in Africa.
Vodafone connects its customers with Thales’ Eco-SIM card
Thales is set to supply Vodafone Group with Eco-SIM; a product whose card body is made out of 100% recycled plastic from refrigerator interiors. Vodafone initially plans to deploy Eco-SIM in ten countries1 in Europe and Africa.
Vodafone partners with Thales to connect customers with Eco-SIM card
Vodafone has partnered with Thales to connect customers with an Eco-SIM card, a product whose card body is made out of 100% recycled plastic from refrigerator interiors.
PEACE submarine cable lands in Marseille
Announced back in September 2019, the new Pakistan & East Africa Connecting Europe, PEACE, submarine cable has now landed on the shores of Marseille. It will connect Europe to Asia via East Africa.
Nomad Homes raises $20million to digitize residential real estate across Europe, Middle East and Africa
Nomad pairs technology with local customer service experts to equip home buyers with the confidence to buy their best home, resulting in the simplest, most customized home buying process from search, to financing, to signing.
Summersalt launches international shipping to over 180 countries
Apparel brand Summersalt announced plans to introduce international shipping to over 180 countries in over 120 different currencies.
Mobile banking company REZQ-Baraka raises $20 million for expansion in the Gulf, Africa and Europe
ZCFH headquartered in GCC & Africa, Mobile banking company REZQ-Baraka, the only mobile Shariah Compliant &Digital Bank in the World, and raises $20 million for expansion in the Gulf, Africa, Asia, Europe and CIS countries.
[Column] Eric Kimunguyi: Europe taking on the world to lock out agriculture
For Europe has now changed the way it approves pesticides, with its decisions no longer based on science or international testing on human health.
Global real estate agency Chestertons expands footprint in North Africa and Europe
The expansion of the franchise business means Chestertons’ geographic reach (in terms of physical office presence) has expanded from 15 countries in Q1 2020 to 21 today, an increase of 40%.
EU allocates €54.5m to Africa's Great Lakes region
The EU announced a new funding of €54.5 million in humanitarian aid devoted to the most vulnerable people affected by human-made or natural disasters, epidemics, and displacement in the Great Lakes region of Africa.
[Column] Eric Kimunguyi: Why Europe wants Africa to end crop protection
Indeed, so extreme is the anti-pesticide noise that we are in danger of plundering our food output and increasing our dependency on Europe for generations ahead.
EU imports from US declined by 13% in 2020 against 5.6% increase from China
For the first time in history, China overtook the US in 2020 as the Euro Area's (EA) top trading partner.
Young African professionals make it big in Germany, Covid-19 notwithstanding
When the coronavirus pandemic spread in early 2020, economies around the world closed down and most people were relegated to remote work.
[Column] Matthew Ryan: Euro tumbles as Eurozone inflation turns negative
The euro found strong resistance around the 1.20 level versus the US dollar yesterday, before ending the trading session sharply lower following some contrasting economic news between the US and Euro Area.