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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
The U.S. Agency for International Development (USAID) announced additional development assistance resources of $136.5 million to continue supporting the people of the Federal Republic of Nigeria.
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.
H. Pierson Associates Limited and XPLANE Consulting have entered into a partnership, combining H. Pierson’s industry-leading management consulting services with XPLANE’s world-class design-led approach to Strategy Development & Activation.
The USTDA issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance and pilot projects that advance the U.S. government’s Prosper Africa and Power Africa initiatives.
Ethiopian Airlines and the United States announced a partnership agreement that will enable the nation’s flagship carrier to source locally grown produce and ingredients for preparing in-flight meals for global passengers.
The United States, through the USAID and Egypt’s Ministry of International Cooperation signed an agreement to add $22.8 million to the five-year Inclusive Economic Governance bilateral assistance agreement.
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. Trade and Development Agency (USTDA) expanded its support for Mozambique’s energy sector by funding two projects that will help deliver electricity to thousands of households through wind power and energy storage technology.
The U.S. Trade and Development Agency (USTDA) awarded a grant for a feasibility study to help Lekela Energie Stockage deploy utility-scale battery storage technology in support of its Taiba N’Diaye wind farm, the largest of its kind in Senegal and West Africa.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Darway Coast Nigeria for a feasibility study that will provide reliable electricity for more than 80,000 households and businesses in Nigeria using U.S. minigrid technology.
The U.S. Department of Energy’s National Nuclear Security Administration (NNSA) is allocating $1 million in funding to the International Atomic Energy Agency (IAEA) to help Egypt enhance radiation therapy for cancer patients.
USAID, Power Africa grant $2.6m in healthcare electrification to solar energy companies in Sub-Saharan Africa
Power Africa, through the USAID, announced grants totaling $2.6 million to solar energy companies to provide reliable, affordable off-grid electricity to nearly 300 healthcare facilities in sub-Saharan Africa.
The U.S. Trade and Development Agency continued its 20 years of support for Nigeria’s telecommunications sector by funding two projects that will help deliver fast and reliable internet to thousands of Nigerian households.
The U.S. administration has decided on a plan that entails the suspension of financial assistance for Ethiopia due to the country’s dispute with Egypt and Sudan over the Grand Ethiopian Renaissance Dam project.
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.
Sapura Energy Berhad, a global integrated oil and gas services and solutions provider, has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
The U.S. government, through the USAID and Chipsy for Food Industries, a PepsiCo Egypt company, renewed a partnership that boosts the productivity of farmers and builds a more transparent and sustainable potato supply chain.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
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.
In Africa, U.S water-innovation company Crystal Lagoons totals 29 real-estate projects anchored by crystalline lagoons, and is now breaking into the African market with its revolutionary Public Access Lagoons.
United Airlines announced plans to expand its global route network with new nonstop service to Africa, India and Hawaii.
Amagi, a global leader in cloud-based technology for broadcast TV and streaming TV announced it has partnered with The Africa Channel to streamline its entire broadcast workflow across cable, satellite and digital OTT services.
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.
The American Chemistry Council has lobbied the US government during the COVID-19 pandemic to use a US-Kenya trade deal to expand the plastics industry’s footprint across Africa.
Blackstrade.com has over the years positioned itself as a marketplace platform that provides an international meeting space for black people to advertise and market their businesses
The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of Burkina Faso signed a compact agreement to reduce poverty through economic growth in Burkina Faso.
The United States, through the USAID, is providing more than $7.5 million in additional humanitarian assistance to help end the 11th outbreak of Ebola in Équateur Province in Northwestern Democratic Republic of the Congo.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against a network of smugglers contributing to instability in Libya.
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity.
DFC and the members of the 2X Challenge have catalyzed more than $4.5 billion of investment in the world’s women, far surpassing the initiative’s initial goal of $3 billion by the end of 2020
The United States Trade Representative and Kenya Cabinet Secretary for Industrialization, Trade, and Enterprise Development formally launched trade agreement negotiations between the United States and the Republic of Kenya.
As a major integrated LNG project in Mozambique advances toward fruition, the EXIM has reaffirmed its continuing support for the development by initiating the process of providing $4.7 billion in financing.
The USTDA has awarded a grant to Nigerian natural gas supply company Green Liquified Natural Gas to support Nigeria’s increased utilization of natural gas for power generation, local industry and additional economic growth.
Chevron Corporation has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.
U.S. International Development Finance Corporation (DFC) has announced that it is launching the Africa Investment Advisor Program, which establishes a regional team based in Africa.
Clickatell has announced the launch of Chat Desk, a digital contact center solution that helps agents resolve customer queries and obtain customer insights in real-time.
USAID announced $15 million to support a partnership between Arizona State University and the Kwame Nkrumah University in Ghana to create an innovative research and training center to improve African supply-chains.
The African Energy Chamber has appointed a US-Africa Committee to serve on its Advisory Board and support the development of stronger energy cooperation and investment between the United States and Africa.
Financial inclusion non-profit Kiva is announcing a partnership under the White House-led Women’s Global Development and Prosperity (W-GDP) Initiative with USAID to advance women’s economic empowerment.
Abbot Laboratories faces multimillion-dollar lawsuit over contract compliance with African Covid-19 Test Kits
The Centurion Law Group has been engaged to institute legal action against American multinational health care company Abbott Laboratories for willfully undersupplying African suppliers of COVID-19 test kits
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.