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.
African Business Roundtable Forum: What can African governments do to elevate the continent’s private sector?
The African Business Rountable (ABR), set up by the African Development Bank Group in 1990, is Africa’s foremost and continent-wide association of businesses and business leaders, and is the representative of the African Business Society to the United Nations.
SmarTek21 expands AI IntelliTek platform in South Africa to streamline health, telecom and education sectors
US West Coast Headquartered SmarTek21, a global pioneer in AI-enabled solutions, announced it has joined forces with Regional Partners AI Intelligent Technologies of South Africa to lead the healthcare, telecommunications and education transformation.
8B Education Investments launches $111,600,000 for African Students at The Clinton Global Initiative
8B Education Investments partners with Nelnet Bank in the first lending program by a US bank to African students enrolled in Americanuniversities; $30m over three years part of a broader $111.6m Commitment at the Clinton Global Initiative to Accelerate African students’ Access to Global Universities
Old Mutual Insure announced a100% acquisition of Genric Insurance Company (Genric), a licensed non-life and specialist insurer focused on bringing innovative and niche insurance solutions to market.
Shares in the 1nvest ICE U.S. Treasury Short Bond Index Feeder Exchange Traded Fund (ETF) have began trading on the Johannesburg Stock Exchange (JSE), giving South African investors exposure to liquid, short-term U.S. government bonds.
The Digital Dollar Project launches technical Sandbox Program to explore Central Bank Digital Currency Infrastructure Solutions
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.
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.
WorldRemit announced the results of its 2022 Cost of School study , observing how the changing macroeconomic environment has affected the true cost of education across 21 markets globally.
Thomas Laryea est un avocat international spécialisé dans la restructuration de la dette souveraine à l'échelle mondiale et dans le financement et l'investissement en Afrique. Également membre de la prestigieuse organisation The African Business Roundtable, M. Laryea offre un aperçu des structures économiques publiques et privées en Afrique et dans le monde.
Dr. Thomas Laryea is an international lawyer focused on sovereign debt restructuring globally and Africa-related finance and investment. Also a member of the prestigious organization, The African Business Roundtable, Dr. Laryea offers expert insights into both public and private economy structures in Africa, and globally.
The Central Bank of Kenya (CBK) announced the acquisition of 66.06 percent shareholding of Daraja Microfinance Bank (Daraja MFB) by US-based fintech company UMBA.
The Export-Import Bank of the United States (EXIM) Board approved two transactions that will support U.S. exports to Cameroon and Brazil. Together, the two projects total more than $279 million.
MATTER, the premier healthcare incubator and innovation hub, has announced the launch of a new incubation program in collaboration with Amazon Web Services (AWS) called AWS Expand.
Sankofa Capital, a Philadelphia-based Real Estate Development Company and Jobomax Global, West Africa's most trusted homebuilder, announced a joint venture pilot housing project in Ghana.
MFS Africa, Africa’s digital payments network, announced it has reached an agreement to buy US-based tech company Global Technology Partners (GTP).
thiopian Airlines, Africa’s leading carrier, commenced thrice-weekly passenger service to Washington DC via Lomé, Togo as of 01 June 2022.
The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine.
LyondellBasell and Sasol announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker.
The U.S. International Development Finance Corporation (DFC), signed a $14.75 million loan portfolio to support lending to small and medium enterprises in West Africa and the Sahel region.
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021.
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
US based renewable energy company, Montauk Renewables, listed on the Johannesburg Stock Exchange’s (JSE) Main Board, making this the first company listing for 2021.
The U.S.Trade and Development Agency (USTDA) signed a Memorandum of Understanding with The Eastern and Southern African Trade and Development Bank (TDB) to bring high-quality infrastructure solutions to sub-Saharan Africa.
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
The U.S. International Development Finance Corporation (DFC) has approved investments this quarter totaling more than $2.1 billion to advance development in emerging markets in Africa, Eastern Europe, Indo-Pacific, Latin America, and the Middle East.
Cellulant partners with NALA to power low-cost cross-border payments from the UK and USA into Africa
Cellulant, a Pan-African payments company, has teamed up with NALA, a Tanzania based fintech company, to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and Ghana.
Tanzania and the US have signed seven agreements for business projects which are set to be implemented in Tanzania by investors and companies from the United States of America.
Delta Air Lines' application to fly between Atlanta and Cape Town – via Johannesburg – has finally been approved by South Africa's government following a year-long stalemate.
AGRA signed a Memorandum of Understanding (MOU) with the United States Department of Agriculture (USDA) to enhance the agricultural transformation in Africa to create jobs, boost trade, strengthen resilience, and transform economies.
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.
This landmark investment makes it a truly blended fund where public sector investments help attract commercial investors.
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.
The U.S. Government, through the U.S. Agency for International Development (USAID), and the Ministry of Tourism and Antiquities launched the Esna Tourism Promotion Campaign in Luxor Governorate, Egypt.
The U.S. Trade and Development Agency (USTDA) awarded a grant to the South African Health Products Regulatory Authority (SAHPRA) for technical assistance and training to help streamline and strengthen regulatory processes for critical healthcare products.
QED Investors, a global venture capital firm focused on investing in disruptive financial services companies, has hired Chidinma (Chid) Iwueke to support domestic and African investments.
USTDA partners with Africa Investment Forum to support infrastructure solutions for sub-Saharan Africa
The U.S. Trade and Development Agency (USTDA) launched a Memorandum of Understanding with the African Development Bank’s Africa Investment Forum (AIF) to support high-quality infrastructure solutions for sub-Saharan Africa.
American multinational fast food chain Burger King has opened its first outlet in Nigeria in partnership with local firm Allied Food & Confectionary Services Limited.
The United States Agency for International Development (USAID), on behalf of the American people, has launched a new $5.8 million, five-year, public-private partnership to strengthen Madagascar’s chocolate and spices industry, improve farmer livelihoods, and conserve biodiversity.
DriveWealth's real-time fractional trading technology and API-based brokerage infrastructure will enable the Ugandan population to gain affordable access to investing in U.S. equities for the first time.
Online safety company Bark Technologies announced its inaugural international expansion with the launch of its monitoring service and parental control tools in South Africa.
The U.S. Trade and Development Agency (USTDA) announced grant funding for a feasibility study to help Nigerian company Ekovolt Telco expand internet access for underserved communities in the Niger Delta region.
Huble Digital, an International digital business consultancy, announced it is now officially accredited for ISO/IEC 27001:2013 Security compliance in each of its five international businesses in London, Chicago, Munich, Singapore and Cape Town.
The U.S. government, through the U.S. Agency for International Development (USAID), and the Ministry of International Cooperation announced seven bilateral assistance agreement amendments worth $125 million in Egypt.
Pan-African technology group Liquid Intelligent Technologies announced the launch of its shortest terrestrial fibre route between the East to the West coasts of Africa, connecting Mombasa, Kenya to Muanda, DRC.
South African Health Products Regulatory Authority approves Neoteryx's Mitra devices for specimen collection
The Mitra microsampling device from US-based Neoteryx has now been approved as a Class B in vitro diagnostic (IVD) medical device by the South African Health Products Regulatory Authority (SAHPRA) in South Africa.
Avantive Solutions announced it will now offer contact center support in South Africa through a new partnership with Outworx Contact Center.
United Airlines and Airlink, a South African airline, announced a new codeshare agreement that will offer customers more connections between the U.S. and Southern Africa than any other airline alliance.
The Global Leader Group announced the launch of its new entity for the European, Middle Eastern & African Regions, Global Leader Group EMEA.
United Airlines announced that new service between Washington, D.C. and Lagos, Nigeria will begin November 29 (subject to government approval). The airline will operate three weekly flights connecting the U.S. capital to Nigeria's largest city.
[Kenya] AAFA formalizes relationship with KAM to promote economic growth in the apparel and footwear industry
The American Apparel & Footwear Association (AAFA), signed a memorandum of understanding (MoU) with the Kenya Association of Manufacturers (KAM), to collaborate on policy areas that are of mutual to its membership through joint advocacy.
Bloovo, the recruitment technology company specializing in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products
African Asset Finance Company (AAFC), a US-based non-bank financial and equipment leasing firm, announced the appointment of Fregenet Getachew Desta as Acting CEO of Ethio Lease.
Panamax USA and Africa’s retail financial services provider Letshego Africa have partnered to bring the LetsGoPAY Digital Account to customers across Letshego’s regional footprint.
The U.S. Trade and Development Agency (USTDA) has welcomed Kenya as its 14th partner under the Global Procurement Initiative (GPI): Understanding Best Value.
Alpine 4 Holdings, the operator and owner of small market businesses, announced that its subsidiary, Thermal Dynamics International, was awarded a new $2.2 million contract in Africa.
Apparel brand Summersalt announced plans to introduce international shipping to over 180 countries in over 120 different currencies.
Earth Networks, a global provider of weather intelligence, announced it formed a partnership with the Nigerian Meteorological Agency (NiMet).
The COMESA Business Council signed an MoU with the Corporate Council of Africa (CCA) towards forging new pathways for stronger US-Africa engagements.
The United States and international partners are investing $80 billion in Africa’s private sector to help end the COVID-19 pandemic and spur sustainable growth.
Expert DOJO is committing $5 million fund to invest in early-stage African startups over the next 6-months. Expert DOJO will host the Africa-only cohort this September, marking the beginning of a long-term commitment.
The Millennium Challenge Corporation (MCC), will sign more than $1 billion of new economic growth programs in Africa by the end of 2022, underscoring the agency’s work to support the tremendous infrastructure needs.
To extend its international footprint, Vodacom Business Africa has taken a step into Brazil, thereby increasing its fixed-connectivity coverage to five continents across the globe.
The African natural gas value chain has become the preferred destination for foreign direct investment – not only because the continent holds over 500 trillion cubic feet of proven reserves, but also because natural gas is a critical step in the global energy transition.
South African Minister for Trade, Industry and Competition, Ebrahim Patel, along with industry stakeholders from the steel and metal fabrication sector signed a Master Plan for the sector.
[South Africa] Karpowership denied environmental authorisation for development of gas to power via powerships
The Department of Forestry, Fisheries and the Environment has reached a decision on the three applications which were submitted in October 2020 by Karpowership for an environmental authorisation for the development of gas to power via powerships.
Delta Air Lines and Kenya Airways PLC have expanded their codeshare agreement, increasing the choice of destinations offered by Delta in Africa and extending Kenya Airways’ reach in North America via the U.S. gateway of New York-JFK.
The U.S. Trade and Development Agency (USTDA), announced grant funding for a feasibility study to support Dark Fibre Africa efforts to expand reliable and affordable internet access and digital services to underserved populations in South Africa.
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
The project is part of DFC’s comprehensive COVID-19 Response through which the agency is mitigating the economic and health impacts of the COVID-19 pandemic.
West Africa's provider of high-quality housing and housing finance solutions announced an updated logo and a return to its founding corporate identity as Jobomax.
Atlanta-based startup Outsource Monetic commences commercial and technical operations in West and Central Africa
Outsource Monetic™, an Atlanta GA based startup, officially started its commercial and technical operations in West and Central Africa regions.
Woolpert has been selected to collect, process and deliver topographic mapping across more than one-quarter of Nigeria, or roughly 258,000 square kilometers, under a $4.4 million contract with the Ministry of Mines and Steel Development.
Global ecommerce platform Wish has announced a strategic partnership with South Africa Post Office (SAPO) to strengthen its logistics capabilities and customer experience for South African consumers.
Nostra Terra, the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, announced progress with the planned strategic expansion of its portfolio into Tunisia.
The American Petroleum Institute (API) and the African Energy Chamber (AEC), signed a Memorandum of Understanding (MoU) to collaborate on capacity building initiatives and standardization to enhance safety, environmental protection and sustainability.
The African Continental Free Trade Area (AfCFTA) Secretariat and the UN Development Programme (UNDP) signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis.
The U.S.-Ghana Alumni Association (USGHAA) met on Saturday March 27, 2021, to announce the results of a national election among Ghanaian alumni of U.S. government-sponsored programs.
For the first time in history, China overtook the US in 2020 as the Euro Area's (EA) top trading partner.
IRC Liberia received a $17.8 million grant from the United States Agency for International Development (USAID), to support the government of Liberia’s National Community Health Program.
Drilling of high-impact oil and gas prospects in 2020 suffered at the hands of the global pandemic, but the overall results were nevertheless positive, a Rystad Energy analysis reveals.
The American Farm Bureau Federation is asking the Biden administration to exempt farm labor from its recent proclamation suspending travel from several countries due to COVID-19 concerns. The ban includes guest workers from South Africa.
With a rapidly growing, increasingly urbanized population – and associated needs for energy and infrastructure development – the African continent should be at the forefront of a U.S. investment agenda.
Women business leaders and entrepreneurs from the United States, Bahrain, Morocco, Israel, United Arab Emirates, Sudan, Uzbekistan, and Kosovo have convened for the virtual launch of the United Women’s Economic Development Network.
Amsterdam and Los Angeles-based creative agency 180 announced a significant expansion and evolution of its business model, with the opening two new offices, 180 New York and 180 MENA (Middle East North Africa).
The U.S. Ambassador to the Kingdom of Morocco David T. Fischer and Morocco’s Minister of Culture Othmane El Ferdaous signed a bilateral Memorandum of Understanding that protects Moroccan cultural property.
Wetherby Real Estate, which has been created to source and acquire luxury Serviced Accommodation in Prime Central London on behalf of global investors, has announced its launch.
Docspert Health, a telemedicine startup with operations in the UK and Egypt, announced it has successfully closed Six-Figure USD investment in seed funding from Flat6Labs and a group of angel investors in the UK and USA.
USAID designates Morocco as regional hub for new program in trade and investment under Prosper Africa
The U.S. Agency for International Development (USAID) will designate the Kingdom of Morocco as a regional hub for the new, continent-wide Trade and Investment Program funded by USAID under Prosper Africa.
What does the impending US presidential transition mean for Africa’s oil and gas sector? By virtue of my role at the African Energy Chamber, I simply have to ask: How will the Biden administration approach African oil and gas?
American and Ghana tech startup Ajuma Technologies, Ltd. has announced their plans to launch in early 2021.
Africa Finance Corporation secures $250 million capital loan from US government for infrastructure funding
Africa Finance Corporation, AFC, the infrastructure solutions provider in Africa, today announces it has successfully secured a $250 million tier-2 capital loan from U.S. International Development Finance Corporation.
According to the latest tourism data from the World Tourism Organization (UNWTO), destinations welcomed 900 million fewer international tourists between January and October when compared with the same period of 2019.
The United States has provided 65,000 metric tons of wheat in the Republic of Sudan through a grant worth $20 million from the U.S. Agency for International Development (USAID) to the World Food Programme (WFP).
IFC signed a partnership agreement with the American Chamber of Commerce in Egypt (AmCham Egypt) to help Egyptian companies create more flexible and inclusive workplaces.
South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.
The U.S. Agency for International Development (USAID), the Swiss Agency for Development and Cooperation, and the IKEA Foundation announced a joint $30 million commitment to Aceli Africa.
The U.S. Agency for International Development (USAID) Acting Deputy Administrator John Barsa announced a brand new, continent-wide Prosper Africa program in trade and investment.