[South Africa] JSE CEO co-chairs UN's initiative to drive financing for sustainable development goals
JSE CEO, Dr Leila Fourie together with CEO of Allianz SE, Oliver Bäte co-chaired the UN's Global Investors for Sustainable Development Alliance (GISD) initiative at the UN headquarters in New York yesterday.
The United Nations World Food Programme (WFP) has welcomed a contribution of US$560,000 from the US State Department to support WFP’s innovative fish farm in Algeria’s Tindouf refugee camps.
The Department of Trade and Industry is currently leading a delegation of seventeen South African companies on an Outward Selling Mission to the United States of America.
Rice University has announced the creation of a robust new center in response to increasing interest and expertise in African and African American Studies.
The U.S. Trade and Development Agency (USTDA) announced its growing commitment to support the City of Cape Town’s goal to become the most digitally connected city in Africa.
[South Africa] Global financial leaders launch digital platform to tackle international trade barriers, bolster business growth
Financial leaders from banks around the world convened in London to mark the official launch of the Trade Club Alliance.
South African Airways (SAA) has announced the expansion of the codeshare agreement with Air Seychelles (HM) to New York effective 1 November 2019.
The U.S. Trade and Development Agency (USTDA) announced a call for initial proposals from project sponsors in sub-Saharan Africa, including U.S. companies working with African project sponsors.
The U.S. Government is providing nearly $257 million in additional humanitarian assistance in Fiscal Year (FY) 2019 to help the people of the Federal Republic of Somalia in Mogadishu.
While most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters, East Africa’s economic diversity is still playing a key role in cushioning the region from shocks.
Creditsafe USA, the global business intelligence experts, has extended its global database to include information on private and public companies in South Africa.
Most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters.
Atlas Mara announced that the Overseas Private Investment Corporation (OPIC) has entered into an agreement to provide $200 million in financing for Union Bank of Nigeria (UBN) to support inclusive lending across Nigeria.
The board of directors of the EXIM voted unanimously to authorize a direct loan of up to $5 billion to support the export of U.S. goods and services from multiple states for development and construction of an integrated LNG project in Mozambique.
African sustainability has never been 100 per cent African on its own initiative - that's where it becomes unclear who has benefited most from it.
UPS has announced the addition of three new countries served by UPS Worldwide Express, and broadened its reach across 76 cities in the Indian Subcontinent, Middle East, and Africa
United States Consulate General in Lagos has launched the Academy for Women Entrepreneurs (AWE), a State Department-led initiative that supports women entrepreneurs around the world.
Ethiopian Airlines has finalized all preparations to launch a thrice weekly flights to Houston, Texas as of December 16, 2019.
Since 2014, over 96,000 women in northern Ghana saved USD $7.8 million – or about 42,659,747 cedis - and invested the money to improve the health, education, nutrition, and economic opportunities of their families.
The U.S. Trade and Development Agency (USTDA) has signed a Memorandum of Understanding (MOU) with the Republic of Botswana’s Public Procurement and Asset Disposal Board.
The United States has signed a Customs Mutual Assistance Agreement (CMAA) with Tunisia marking a significant milestone in collaboration on security and facilitation of lawful trade between the two countries.
Massport and Royal Air Maroc officials have celebrated a new international service to Casablanca, Morocco, the first nonstop route from Boston Logan International Airport to mainland Africa.
South African Airways and Alaska Airlines have announced that they have established a new interline partnership, which provides new and convenient flight options for both SAA and Alaska’s customers.
Ethiopian Airlines has finalized preparations to launch thrice weekly flight to John F. Kennedy (JFK) Airport in New York via Abidjan.
The U.S. Agency for International Development has announced $500,000 in funding and $100,000 in technical assistance to the Women's World Banking Asset Management (WAM) blended-finance fund.
United Airlines has applied with the U.S. Department of Transportation for authority to begin new service between New York/Newark Liberty International Airport and Cape Town International Airport.
The Angolan Finance Ministry and the US Treasury Department signed a technical assistance agreement with the Financial Information Unit (FIU) and other bodies involved in the fight against money laundering.
Moroccan national carrier Royal Air Maroc (RAM) has launched the first-ever Miami-Casablanca route.
Egyptair has announced the expansion of its network by operating 3 weekly Direct (Non-stop) Flights to Washington (Dulles international airport) with its modern Boeing 787-9 (Dreamliner) aircraft.
The United States of America (US) will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Assistant Secretary of State has announced.
Jude Menes is a Nigerian-American attorney and founder of Menes Konsult Firms, in partnership with Europlaw, a group of firms dedicated to advising and guiding foreign investors and relations in Africa.
Ethiopian Airlines to restructure its entire U.S. network, increases frequency to Washington D.C. and Chicago
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified 4-Star global airline, has announced that it will re-structure its U.S. network.
In a more innocent age, Davos was a high-minded gathering for intellectuals trying to solve the world’s problems.
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
The United States has outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
South African Airways (SAA) has announced it will increase its frequency on nonstop flights between Accra’s Kotoka International Airport and Washington, D.C.-Dulles International Airport to five days weekly.
Lendable, Inc., a New York and Nairobi based technology-enabled funding provider to frontier market alternative lenders has announced expansion of credit model in Africa.
Early signs suggest that the US-China rivalry will find its way to the African continent in 2019.
The US and Republic of Congo have signed a new open skies air transport agreement which seeks to strengthen the civil aviation partnership between the two countries.
Millennium Challenge Corporation Vice President, General Counsel and Board Secretary Jeanne Hauch has marked the closeout of the MCC Malawi Compact at a ceremony to commemorate the official hand-over.
Ethiopian Airlines has changed the ultra-long haul route from Addis Ababa to Los Angeles to transit through Lome, Togo as of 17 December 2018 and will start a new route from Addis Ababa to Dublin via Madrid as of 15 December 2018.
Several US firms were recently targeted by online fraudsters who used elaborate scamming schemes to dupe them into incurring devastating financial losses.
Elanco Animal Health Incorporated is progressing a groundbreaking project to provide sustainable development solutions to address food insecurity in East African countries – Tanzania, Kenya and Uganda.
E-commerce platform Mall for Africa has announced that it will add cars from the United States to its list of items for sale.
US based renewable energy company Renewvia Energy's first two microgrid facilities, outfitted with the company’s innovative new mobile payment platform are now successfully running on the Islands of Ndeda and Ringiti in Kenya’s Lake Victoria region.
The U.S. Trade and Development Agency, USTDA, has awarded a grant to Benchmark Power International SAE (BPI), an Egyptian independent power developer, supporting the development of a combined cycle gas turbine power plant at Tawerat, Egypt.
Debbie Goodman-Bhyat, CEO of Jack Hammer, the largest independent executive search firm in Africa, says in the past year there has been a 75% increase in briefs from US-based businesses seeking assistance with leadership appointments in Africa.
Kenya Commercial Bank (KCB) continued to play unusual games this week on the demands it has been making on their former client Ms Rose Shumi Miscowicz, months after she lost her Kiraraponi, Karen , Nairobi property to a new buyer she helped the bank to buy her house.
USTDA’s Director of Congressional and Public Affairs, Thomas R. Hardy, joined President Uhuru Kenyatta of the Republic of Kenya at a round table discussion with U.S. businesses.
President Uhuru Kenyatta has witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged the US government to facilitate the operations of US businesses Africa.
Egypt and the United States have signed five bilateral assistance agreement amendments worth $45 million that demonstrate continued support from the American people for joint U.S.-Egypt priorities in health, education, governance, and agriculture.
Quest Aircraft has announced the appointment of National Airways Corporation (NAC) as an authorized dealer for the Kodiak in Southern and East Africa.
Investments by the US in Kenya have in the past month increased rapidly, an indication of America’s renewed efforts to grow its financial and investment portfolio and influence in the East Africa nation amid intense rivalry from countries such as China.
The African Export-Import Bank and the World Trade Center Miami Inc have signed a three-year memorandum of understanding that will enable the two institutions benefit from each other’s knowledge, experience and capabilities.
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
The African Development Bank has signed a memorandum of understanding with the U.S. Trade and Development Agency to partner under USTDA’s Global Procurement Initiative: Understanding Best Value.
Kenya has called on investors to take advantage of the flights between Nairobi and New York, set to begin in October, to expand business.
Kenya Government officials led by President Uhuru Kenyatta have negotiated deals worth 1$00 million at the US-Kenya conference in Nairobi.
The Ministry of Industry and Commerce has launched Mozambique’s AGOA Utilization Strategy.
Ethiopian Airlines and Air Côte d'Ivoire enter codeshare agreement on routes between West Africa and USA
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline and Air Côte d'Ivoire, the national flag carrier of Côte d'Ivoire, have entered into a codeshare agreement effective May, 2018.
Cazengo Coffee has announced the return of coffee from Angola to US, marking the first US import of Angolan coffee in over 40 years.
US based innovation workspace for the local and African Diaspora startups I/O Spaces and AfriLabs have announced a strategic partnership to provide AfriLabs Hub Startups access to I/O’s Creator Community, Events, Classes and Office Space.
Millenium Challenge Corporation $8.8 million to advance progress on development of Burkina Faso Compact
The U.S. Government’s Millennium Challenge Corporation has announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.
Global digital money transfer service WorldRemit has joined forces with Diamond Trust Bank Kenya Limited (DTB) to further expand money transfer in the region.
Global digital money transfer service WorldRemit has joined forces with Diamond Trust Bank Kenya Limited (DTB) to further expand money transfer in the region.
Bako Ambianda is the Founder, Chairman, & CEO of Labacorp Group, a diversified portfolio of businesses and strategic investments in key economic sectors spanning manufacturing, construction, power, agribusiness, real estate, and exhibition - amongst which is the GAA Exhibitions & Conferences.
[South Africa] Ashburton lists world government bond Exchange Traded Fund on the Johannesburg Stock Exchange
The Ashburton World Government Bond Exchange Traded Fund (ETF) has listed on the Johannesburg Stock Exchange (JSE), becoming the exchange's first global bond ETF.
WIOCC picks APTelecom as channel partner for commercialization of Africa connectivity with focus on Asia and USA clients
Africa's carriers' carrier WIOCC has engaged APTelecom, a facilities-based telecom consulting and service company specializing in emerging markets, as its International Sales partner for new client markets in Asia and the US.
Angola Cables, an Angolan telecommunications multinational has announced that U.S.-based, FiberLight, LLC will provide backhaul connectivity in the U.S., starting with the Miami, Florida region.
Cabrera Capital Markets teams up with HC Brokerage to bring independent institutional Egyptian research to US investors
Cabrera Capital Markets has announced a strategic alliance with HC Brokerage, headquartered in Cairo, Egypt. HC Brokerage is the brokerage arm of HC Securities & Investments.
Kenya national carrier Kenya Airways has marked a great milestone with the launch of a non-stop flight from Nairobi to New York.
The United States and Egypt have met under the bilateral Trade and Investment Council.
Vodafone research reveals South African optimism over possible business outcomes from the Internet of Things
Vodafone has released the South African findings of its fifth annual IoT Barometer Report – the leading global survey of business sentiment regarding investment and innovation in the Internet of Things.
World’s international express services provider DHL Express has announced its partnership with MallforAfrica, the global e-commerce company, which will facilitate selling of made-in-Africa products to customers in the United States.
Egypt and the United States have signed new bilateral assistance agreements and amendments worth over $100 million that support the Government of Egypt's economic reforms, Sustainable Development Plan 2030, and private sector led growth and job creation.
Immune Therapeutics, Inc., a specialty pharmaceutical company has entered into an agreement with Kenya-based Omaera Pharmaceuticals for the sale and distribution of Lodonal™, valued at a minimum of $31 million in revenues over three years.
The United States Agency for International Development (USAID), through the U.S. government’s Feed the Future Initiative, has launched the National Seed Trade Association of Ghana (NASTAG).
eBay Inc.,a global commerce leader, and Mall for Africa, Africa’s global e-commerce and m-commerce platform, have announced a strategic partnership that further boosts the sale of handmade African products into the United States.
Delta Air Lines is offering customers a new way to reach Lagos, Nigeria, beginning March 24, 2018, via new service from the airline's New York-JFK hub.
As one of the fastest growing international burger franchises, Burgerim is already in 16 countries and are now adding locations in Egypt and the UAE.
The U.S. Trade and Development Agency has signed a grant with Saigrene Energy Kenya Limited supporting the development of run-of-river hydroelectric plants at five sites in Kenya.
Excellent Guides Tanzania, Ltd., the only East African safari tour company that is fully owned and operated by local Tanzanian guides, has opened its doors to the U.S. Travel Market.
A new vista has been added to the ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and Development Division of the Nigerian National Petroleum Corporation in collaboration with US based Halliburton.
We understand the value of people- of good people. Of people committed to U.S-Africa business.
Digital Financial Services Lab (DFS Lab) has announced that it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets.
Kenya Airways has moved a step closer to operating direct flights to the United States after the Department of Transportation (DOT) granted it the first set of licences.
Aotea Global Services that has predominantly been in East Africa has announced it is expanding its operations into the US. The company provides clients with a unique value proposition: High quality, low-priced IT resources who work only for them and become an offshore extension of their in-house staff.
Nigeria’s trade with the United States (U.S.) rose by 70.44 per cent from $799.93 million in January and to $1.36 billion in February, according to the latest U.S. Census Bureau data.
[Webinar] Africa Outlook 2017 with new President Corporate Council on Africa and President Cohen and Woods International
This discussion will focus on the most attractive opportunities for Africa trade and investment in 2017 and forces that may impact them.
Imagine… experienced advisors, collaborators, investors, training opportunities and essential trade resources all in one place. In addition to its Phoenix home office, Africa Business Portal, ABP, will now have a local marketing presence in Washington DC, Delaware, Chicago, Arkansas, Louisiana, Dallas, and Denver.