[East Africa Business Week] Bob Koigi: Region warms up to the hospitality industry’s expansion binge
Global respected hotel brands are expanding their footprint and have identified Africa as a key investment destination with the East African region catching their attention for its MICE, business and leisure growth potential.
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
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.
The government of South Sudan is seeking to greatly change the way it markets its oil in order to boost revenues and make the process more transparent.
If the East African community member states are not burning each other’s chicks, or auctioning cows, they are embroiled in trade disputes and mistrust in what has become characteristic of the integration journey.
Swedfund invests an additional USD 4 million in loan financing in Kinyeti Venture Capital (Kinyeti), alongside the Norwegian Development finance institution Norfund.
EUTELSAT KONNECT sélectionné par Liquid Intelligent Technologies pour fournir de l’Internet à haut débit
Le satellite EUTELSAT KONNECT sélectionné par Liquid Intelligent Technologies pour des services de connectivité à large bande en Uganda, au Sud-Soudan et en République Démocratique du Congo.
Liquid Intelligent Technologies picks EUTELSAT KONNECT satellite for broadband connectivity services in Uganda, South Sudan and DR Congo
Under the agreement, Liquid will leverage capacity on the EUTELSAT KONNECT satellite to increase its portfolio with affordable internet services in territories underserved by terrestrial networks.
The Board of Directors of the African Development Bank Group approved a grant of $8.1 million to South Sudan to fund its Emergency Food Production Programme.South Sudan: African Development Bank grants $8.1 million to support food production
The young participants learned the fundamentals of business management techniques, marketing, client relationships as well as entrepreneurship skills.
SAP Africa has announced the appointment of Sandi de Souza as its new Chief Financial Officer for the Africa region.
The National Bank of Egypt today opens its first branch in Juba, South Sudan with a capital of $30m.
South Sudan has its own unique place at the center of a wider Nile Basin-East Africa hydrocarbons-rich area that perfectly positions the country as the hub for petroleum industry services and exploration.
Radisson Hotel Group has announced its arrival in South Sudan with the opening of Radisson Blu Hotel, Juba, the country’s first internationally branded 5-star hotel.
The discussions also focused on the implementation of the EAC Single Customs Territory by the Republic of South Sudan to quicken the clearance of cargo at the Elegu/Nimule border.
South Sudan’s Ministry of Petroleum will take possession of its first geophysical aircraft to conduct surveys of oil and other mineral deposits.
Tecnotree has been chosen for this project by Zain Group, a leading telecom services provider in the Middle East & Africa for its operations in South Sudan.
FMI et la République du Sud-Soudan discutent de la deuxième revue du programme suivi par le personnel et des consultations au titre de l'article IV.
The programme seeks start-ups with innovations tackling hunger, improving food security and/or strengthening regional food systems. Selected enterprises will receive technical support, training, and mentorship and have an opportunity to receive grant funding of up to $100,000.
This investment provides Entravision with a geographic foothold in Africa, as the Company looks to expand its breadth of digital services to new emerging markets.
The agreement brings together South Africa’s two leading pioneers of the gas industry that possess deep experience in operating across the gas value chain, from exploration to downstream operations.
South Sudan has begun producing oxygen following the successful installation of the country’s first oxygen plant at Juba Teaching Hospital, set up with funding from the African Development Fund.
Rwanda has become the first African country to ratify the Agreement for the Establishment of the Fund for Export Development in Africa (FEDA), while the Republic of Togo and the Republic of South Sudan have recently acceded to the Agreement.
The United Nations World Food Programme (WFP) received $1.2 million from the Republic of Korea to provide humanitarian activities for food crisis in Ethiopia, Nigeria, Madagascar, South Sudan and Burkina Faso.
The World Bank Group has appointed Firas Raad as the new Country Manager for South Sudan. He will be leading an expanding country program focused on delivering project financing and analytical services in support of South Sudan’s development priorities.
Liquid Intelligent Technologies, a pan African technology group, has appointed Martin Mushambadope as the Chief Executive Officer for its operations in South Sudan.
As part of the five-year collaboration with MTN, Tecnotree will deploy its Digital BSS Suite 5 to help accelerate the operator’s business growth, increase agility and boost operational efficiency.
South Sudan partners with IFAD to boost productivity, food security and resilience of small-scale farmers
A new $19.9 million project will bring much needed help to rural households facing the impacts of poverty, food insecurity and climate change in South Sudan.
The Ministry of Petroleum (MoP) of the Republic of South Sudan, has announced the launch of the country’s first Oil Licensing Round.
A new World Bank Country Engagement Note (CEN) for South Sudan for the period FY21-23 marks a fresh approach to supporting the country and could deliver the largest World Bank program to date over the next year.
Shelter Afrique partners with Triangle Real Estate to develop housing units for South Sudan Defense Forces
The Project scope includes the development of 148 housing blocks of 160 housing units each at New Site, Qiada Junubiya, J-3 Presidential Guards Apartments, and at New Bonga.
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
Egypt and South Sudan signed have signed a memorandum of understanding to build an integrated farming of crop, livestock and fish.
The project will improve supply and enhance reliability of power across Sudan. Today, only around 60 percent of the population in Sudan has access to electricity.
A total of 132,000 doses of the Astra Zeneca COVID-19 vaccine arrived at the Juba International Airport in South Sudan. This is the first of several vaccine shipments scheduled to arrive over the coming months to South Sudan through the COVAX Facility.
As the COVID-19 pandemic, conflict and climate-related crises drive acute levels of hunger higher, FAO is seeking $1.1 billion in 2021 to save the lives and livelihoods of some of the world's most food-insecure people.
Digital payments have become a very crucial service in Africa. Every day, millions of transactions are transacted across the continent leading to the rise of different payment technologies like Mpesa.
The African Development Bank (AfDB) is financing the construction of the second phase of the Public Health Emergency Operations Center (PHEOC) in Juba, South Sudan.
AfDB, FAO and South Sudan government ink protocols for $14 million grant to boost agricultural markets
The African Development Bank has signed protocols to disburse a $14 million grant to the Government of South Sudan to boost agricultural markets in a project to be implemented by the UN's Food and Agriculture Organization.
TradeMark East Africa (TMEA) and the Government of South Sudan launched a capacity building program that will benefit women entrepreneurs and informal women cross border traders.
The European Union has approved an additional €17.2 million through the EU Emergency Trust Fund for Africa (EUTF) to support coronavirus preparedness in Somalia, Sudan and South Sudan.
A spike in polio cases raises deep concerns over the further spread of polio in South Sudan, compounded by low levels of sanitation and health care available, Save the Children warned.
Catholic Medical Mission Board (CMMB), announced the appointment of Mary Beth Powers as President and CEO.
Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement.
Andersen Global continues to strengthen its presence in Africa through a Collaboration Agreement with Ajo & Co. Advocates, one of the largest law firms in the Republic of South Sudan.
The World Bank approved a $45 million International Development Association (IDA) grant for South Sudan to continue to improve access to basic infrastructure and strengthen community institutions.
Plans by the Republic of South Sudan’s Ministry of Petroleum to launch a new licensing round earlier this year have been derailed.
RCS Communication, an ICT company in South Sudan, has adopted a Software-Defined Wide Area Network (SD-WAN) that will enable RCS to deliver an improved user experience.
For the first time since 2018, the United Nations World Food Programme (WFP) has managed to send a humanitarian convoy from Kenya directly into South Sudan via the Nadapal Border crossing just as hunger is peaking in the country.
The High Court sitting in Nakuru ordered Rayan Logistics Limited, a transporter, to pay KRA Kshs.3, 954,673 in respect of export petroleum products that was consumed in Kenya.
South Sudan’s first Mobile Money service, m–GURUSH has launched its International remittance service on their Mobile Money Platform.
The Food and Agriculture Organization (FAO) received a donation of $10 million from the Russian Federation to support its operations in fighting against the Desert Locust outbreak in East Africa.
The World Bank approved a $40 million International Development Association grant for South Sudan Safety Net Project (SSSNP) which will expand access to safety net and provide income security for low income South Sudanese.
The United Nations World Food Programme (WFP) has received a € 500,000 contribution from France towards the fight against malnutrition in South Sudan.
For the first time in history, farmers in South Sudan will now be able to grow four different hybrid maize varieties customized for their country’s environs.
Some 6.5 million people in South Sudan - more than half of the population, could be in acute food insecurity at the height of this hunger season, three United Nations agencies warns.
The UN Food and Agriculture Organization (FAO) warned that the rising numbers of Desert Locusts present an extremely alarming and unprecedented threat to food security and livelihoods in the Horn of Africa.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
The European Union (EU) is providing €9.5 million in humanitarian funding to the United Nations’ World Food Programme (WFP) in South Sudan to provide food and nutrition support.
Tourism sector vital in East African Community, EALA calls for embrace of single tourism visa, report
A report of the Assembly on the Oversight activity on the Performance of the Tourism Sector in the region, wants the East African Community (EAC), to fastrack the conclusion of the EAC Protocol on Tourism and Wildlife Management.
Netherlands donates $28 million to build more resilient food systems in Somalia, South Sudan and Sudan
The Kingdom of the Netherlands has contributed $28 million to back FAO's work to boost the resilience of food systems in Somalia, Sudan, and South Sudan.
The Board of the African Development Bank has approved a proposal for $17.7 million to finance the first social sector project in South Sudan since the Bank’s engagement in the country in 2012.
In spite of a slight improvement in the food security situation since June 2019, more than half the population of South Sudan, some 6.35 million people, do not know where their next meal will come from, three United Nations agencies warned.
In what has become a remarkable month for exploration in Africa, a CNPC-led consortium has made a 300 million barrels of recoverable oil discovery in South Sudan’s northeastern Upper Nile state
Hundreds of thousands of people starving in South Sudan will receive lifesaving food and water, courtesy of the UK aid.
South Sudan has boosted its oil production by 6,000 barrels, bringing the country's oil output to over 180,000 barrels per day, the petroleum ministry has said.
Air Serv is expanding operations in eastern Africa with the deployment of two aircraft to Sudan and South Sudan.
AfDB, National Petroleum and Gas Commission pick Centurion Law to build oil and gas capacity in South Sudan
The African Development Bank and the National Petroleum and Gas Commission have selected the Centurion Law Group to build capacity in the Republic of South Sudan’s oil and gas sector.
The United Nations World Food Programme (WFP) and the European Union (EU) officially handed over the completed Kwacjok Bridge to the Government of South Sudan that links Lunyaker, Kwacjok and Kangi regions.
The signing of the new exploration and production sharing agreement between South Sudan and South Africa’s Strategic Fuel Fund is seen as a boost to the oil sector.
South Africa has today signed an exploration and production sharing agreement (EPSA) with South Sudan for Block B2.
Scatec Solar is working with International Organization for Migration, IMO, to harness solar energy to power a significant part of its ongoing joint humanitarian operations in Malakal, South Sudan.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
South Sudan has achieved its highest ever receipt of $14.2 million in non-oil tax revenues for the first time in the nation’s history.
The African Energy Chamber has entered into an agreement with the Ministry of Petroleum of South Sudan to strengthen the country’s capacity to manage its hydrocarbons sector.
Afreximbank has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan to upgrade Juba International Airport in South Sudan.
The Kingdom of the Netherlands has invested $9 million to improve smallholder farmers’ access to markets by rehabilitating and maintaining roads in South Sudan.
The United Nations Industrial Development Organization is providing South Sudan meat processors with new skills and tools to help improve food security and the income of the rural population.
Leading national carrier, Kenya Airways will expand its footprint to the Horn of Africa with the commencement of daily operations to Mogadishu, Somalia with effect from 15 November 2018.
Deputy President Mabuza says SA working together with other leaders of the IGAD countries will continue to provide support for a successful implementation of a peace agreement in South Sudan in finding lasting peace, stability and development.
Amid an unprecedented global refugee crisis, girls are suffering the most, according to a new report released on International Day of the Girl by the humanitarian organization CARE.
Kenya’s progress in the construction of the Standard Gauge Railway (SGR) has earned praise from regional Heads of State who now want Uganda, Rwanda and South Sudan to follow suit.
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
[South Sudan] Infrastructure upgrades at Nimule One Stop Border Post set to ease clearance of humanitarian consignments
The Government of South Sudan in partnership with TradeMark East Africa have aunched construction works of key infrastructure at the Nimule One Stop Border Post (OSBP) including parking yard, access roads, examination shed and drainage systems.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
Member of the Managing Board of Siemens AG Ms. Janina Kugel, together with regional and pan African executive management visited Sudan.
Global dealer in gases, technologies and services for industry and health, Air Liquide recently started the world’s largest oxygen production unit for Sasol, an international integrated energy and chemicals company.
In his New Year message President Salva Kiir Mayardit emphasized the need to build a peaceful, prosperous, secure, and stable South Sudan. The country’s now completed membership in the African Trade Insurance Agency underscores this message.
Bravura Solutions Limited has signed a long-term contract with Discovery Limited for the implementation of its Sonata platform.
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
Membership of the African Export-Import Bank has moved closer to full coverage of the African continent with the decision by the island of Comoros to join the continental multilateral trade finance institution as a participating state.
The United Nations Industrial Development Organization (UNIDO) and the Government of Japan’s “Increased resilience and self-help capacities for reconstruction of livelihoods and sustained nutritional food security in South Sudan
Kenya Bureau of Standards partners with South Sudan National Bureau of Standards on training and conformity
South Sudan National Bureau of Standards (SSNBS) stands to benefit from training and technical expertise of Kenya Bureau of Standards (KEBS), according to a Memorandum of Understanding (MOU) signed by the two institutions.
Metrofile Holdings has announced that Competition Commission approval has been granted for its 100% acquisition of Tidy Files, a leading provider of end-to-end document management and storage solutions in Southern Africa.
Johannesburg Stock Exchange-listed company ADvTECH Ltd has confirmed the purchase of land at Tatu City, which will become the future home to a Crawford International School.
Kenya Association of Manufacturers, KAM, has launched the East African Community Intellectual Property Rights Regime Study which aims to enhance regional protection of IPRs, as a contributor to achieving the industrialization agenda.
The United Nations Industrial Development Organization (UNIDO) and the Government of Japan have launched a project to increase resilience and self-help capacities of South Sudan communities.
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.
The East Africa region attracted more than Sh113.7 billion ($1.1 billion) funds from Private Equity (PE) between 2015 and 2016, a new study has revealed.
Ethiopia and the world's newest nation South Sudan are to develop joint infrastructure development projects that would help create regional economic interconnection.