Kenya's President Uhuru Kenyatta and his Congolese counterpart Felix Tshisekedi witnessed the signing of a partnership agreement between Kenya Airways and Congo Airways.
The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium.
Two years on from the launch of a pilot programme, more than 1.7 million doses of the world’s first malaria vaccine have been administered in Ghana, Kenya and Malawi, benefitting more than 650 000 children with additional malaria protection.
With a national annual import of over $337million, the management of Dangote Sugar Refinery Plc has declared its irrevocable commitment to the Backward Integration Policy (BIP) of the Federal Government to reverse the trend.
EyeLock's recently introduced, Portable Template solution was selected due to its ability to provide a highly secure and accurate iris biometric solution and protect the user's personally identifiable information.
The World Bank approved $8 million additional financing from the International Development Association (IDA) to provide The Gambia with safe and effective vaccine purchase and deployment.
Panoro Energy announced it has received governmental approval and closed the farmout agreement (“FOA”) on Block 2B offshore South Africa.
The Economic Commission for Africa (ECA) is working with African countries to increase investment in infrastructure and agriculture on the continent.
Egypt and South Sudan signed have signed a memorandum of understanding to build an integrated farming of crop, livestock and fish.
The Central Bank of Egypt (CBE) has announced signing a cooperation agreement with the National Telecommunication Regularity Authority (NTRA) to help pensioners obtain their financial dues and proceed ahead with any banking transaction swiftly and easily.
As countries develop revised national climate pledges, known as Nationally Determined Contributions, they’re doing so in the context of multiple historic crises: climate change, rising inequality, and the health and economic impacts of COVID-19.
Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow.
Namibian Ministry of Mines and Energy and ReconAfrica announced the preliminary analysis of the data from the 6-2 well, providing a clear evidence of a working conventional petroleum system in the Kavango Basin.
The financing and technical cooperation agreement is the outcome of the Inter-Governmental Negotiations that were concluded last Year between our two respective Governments.
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] Verner Ayukegba: New leadership and energy sector restructuring will boost investments into Niger
It will enable Niger’s daily crude production to rise from currently 20,000 barrels to 110,000 barrels per day, making Niger a key gateway to the much-touted resource rich but largely unexplored Sahel region.
The Coalition for Epidemic Preparedness Innovations (CEPI) and the African Union Commission announced the signing of a memorandum of understanding responsible for the prevention and control of diseases in Africa.
In this context, the prevailing diplomatic tiff between Kenya and UK over travel bans occasioned by concerns over new COVID-19 variants shouldn’t be allowed to escalate any further.
In a boost to business confidence, South Africa has won an award as the top global location for business process services, in a sector that is rapidly expanding locally and exporting call-centre and related services to other parts of the world.
The OPEC Fund for International Development (the OPEC Fund), signed a $15 million public sector loan agreement with Madagascar to co-finance the second phase of a project that will improve energy access in rural areas.
In this sense, the country has placed a major focus on developing in-country financing capabilities necessary for training, up-skilling and engaging local companies and individuals.
The agreement aims to expand the company's business in Egypt, contributing to the creation of 4,800 new jobs of highly qualified specialists to provide outsourcing services to the company's customers worldwide.
The IIC aims at raising awareness of the Fourth Industrial Revolution technologies and practical applications in smart factories.
For years there have been numerous attempts to bring the continent together to create a continent-wide common market — a free trade area where all can benefit, but the attempts have yet to gain serious traction.
Energy poverty represents one of the most critical challenges for development in Africa. According to the International Energy Agency, in 2019, the continent had more than 580 million people without electricity access.
Alstom announced it successfully installed and commissioned its SIL 4 signaling Electronic Interlocking SYSTEM, including a support system and SCADA that supervises and controls different subsystems.
Nigeria's Department of Petroleum Resources (DPR) has revoked four Oil Mining Licenses (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company.
The report notes that the ability of African cities to emerge resilient from the pandemic will depend on their ability to innovate, providing long term social solutions to their residents, attracting funding and generating new demand for space.
They discussed areas for cooperation, establishing partnerships between the two countries in digital technologies, and growing the IT market in Egypt and Denmark.
Over 1,000 young entrepreneurs in Rwanda are set to benefit from employment-readiness skills and accelerator programmes offered in the new incubation hubs “HANGA Hubs”.
The telecommunication and posts regulatory authority (ARPT) of the Republic of Guinea and tech company Global Voice Group (GVG) have announced the establishment of a new partnership between the two organizations.
The World Bank approved a $80 million from the International Development Association (IDA), with 50% grant and 50% credit, will support Mali’s education system.
Angola's National Oil, Gas and Biofuel's Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in the acreage on offer continues to grow.
The African Development Bank (AfDB), approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP).
Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
MENA economies face rapid accumulation of public debt, strong institutions will be key to recovery, World Bank
The COVID-19 pandemic exacerbated long-standing development challenges in the Middle East and North Africa (MENA) region, contributing to a rise in poverty, a deterioration of public finances, an increase in debt vulnerabilities.
Female leaders of farming cooperatives in Rwanda have been given smartphones to sensitize farmers on agriculture best practices under the #ConnectRwanda initiative.
Connecting women to the digital economy is critical to driving further economic growth and innovation on the African continent.
Tullow Oil announced that the sale of its assets in Equatorial Guinea to Panoro Energy ASA (Panoro) has now completed, after receiving a payment of $88.8 million from Panoro.
South Africa’s National Treasury RT15 bid evaluation committee has appointed MTN SA as a service provider to government, through its new mobile communication services contract, known as RT15-2021.
The trade deal allows tariff-free market access for Kenyan top agricultural exports to UK including vegetables, fruits, flowers, coffee and tea.
The economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic.
The Government of the Republic of Cameroon has notified Tower Resources Cameroon SA (TRCSA), that the President of the Republic has approved a further extension of the First Exploration Period of the Thali license.
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.
[Egypt] Vodafone Intelligent Solutions launches Digital Society Hackathon targeting professionals in data coding
With its theme of “A Code to Move the World”, the hackathon aims to provide an opportunity for talented young people to develop their skills, share ideas and get inspired by a team of exceptional experts, mentors and speakers.
Pharos Energy receives provisional approval for amendment of fiscal terms of El Fayum Concession in Egypt
Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment of the fiscal terms of its El Fayum Concession, now subject to the approval of the Egyptian Government.
Drone operations have spurred innovation within the aviation industry globally. In Kenya, drones have captured the interest of individuals and organizations alike, for leisure and commercial use.
The Republic of Kenya has joined The Canada-Africa Chamber of Business as a full member of the 27-year-old organization, committed to accelerating Canada-Africa trade and investment.
The Republic of Sudan has cleared its arrears to the International Development Association (IDA), enabling its full re-engagement with the World Bank, paving the way for the country to access nearly $2 billion in IDA grants.
Invictus Energy announced that following approval from President E.D. Mnangagwa, the Petroleum Exploration Development and Production Agreement (PEPDA) between Invictus and the Republic of Zimbabwe has been executed.
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.
Morocco’s intensified efforts towards African solidarity and south-south cooperation continue to show results, with the creation of the Nigeria-Morocco Business Council being the latest of encouraging developments.
Heifer International, and the Rwanda Ministry of Agriculture have announced a partnership to invest more than $10 million in livestock and training for 23,400 smallholder farming households.
Côte d'Ivoire has successfully eliminated human African trypanosomiasis, also known as “sleeping sickness” as a public health problem, becoming the second African country after Togo to be validated by the World Health Organization (WHO).
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.
Focusing more on growing intracontinental oil and gas trade will give countries autonomy to govern their international trade agreements, which have often left African countries on the losing end.
The Ghana National Petroleum Corporation (GNPC) has said the new regasification plant being constructed at the Tema Liquefied Natural Gas (LNG) Terminal will safeguard the country’s future energy needs and usher in an era of cheaper gas.
Karpowership SA (KPSA) has been announced by the Department of Mineral Resources and Energy (DMRE), as a Preferred Bidder for projects in the Ports of Coega, Saldanha and Richards Bay, to provide power to South Africa’s national electricity grid.
Burundi will wait for more research to establish the efficacy of Covid-19 vaccines before it can administer them, the country’s health minister has said.
The United States government, through the U.S. Agency for International Development (USAID), is collaborating with Google to train and mentor hundreds of Egyptian women and youth business owners, as well as business advisors, in 2021.
The U.S. government, through the U.S. Agency for International Development (USAID), will be providing an additional $14.5 million to prepare Egyptian public university students for career success.
ASKY, a Pan-African Airline set up at the initiative of West & Central African governments, has become the first airline with a hub in West Africa to join the Africa CDC Trusted Travel Alliance.
Egypt and UAE officials have discussed collaborations to develop the content of the Digital School to provide a certified high-tech online education to reach students in disadvantaged communities across the world.
The Industrial Development Corporation (IDC), in partnership with the Department of Agriculture, Land Reform and Rural Development (DALRRD) launched a joint Agri-Industrial Fund to support black farmers in South Africa.
Kenya Ministry of Agriculture, Livestock, Fisheries and Cooperatives, has launched a system that automates issuance of import and export services provided by the Agriculture and Food Authority of Kenya (AFA), the government regulatory agency.
Togo has launched a special aid program called Novissi (Solidarity, in English) which employs Artificial Intelligence (AI) to identify people in need who have been pushed into poverty due to the COVID-19 pandemic.
The United Nations World Food Programme (WFP) and the Government of China signed agreements to provide food assistance to vulnerable people in Cameroon, Guinea-Bissau, Sierra Leone and Uganda.
The Ministry of Education has completed a 10 year Master Plan for Science and Technology Parks (STPs) in Kenya.
Zambia and Zimbabwe have signed a Memorandum of Understanding to implement a joint industrialization project spearheaded by COMESA Secretariat.
This is not the first time Egypt is cooperating with France as the French Space Agency has previously offered cooperation with Egypt in the manufacture of a satellite, training and outer space exploration.
The World Bank approved additional financing of $210 million in IDA Pre-arrears Clearance Grant and $210 million in donor contributions for the second phase of the Sudan Family Support Program (SFSP), the Thamarat Program.
The Department of Petroleum Resources (DPR) has identified six key areas of operational excellence for Nigeria’s oil and gas industry, urging stakeholders to build a culture in these specific areas.
3t EnerMech, a new strategic alliance between 3t Energy Group and EnerMech, has announced its first award, a significant contract with the UK Government, which will help to shape future training requirements for Mozambique's growing oil and gas workforce.
Yiling Pharmaceutical announced it has received the herbal product license for Lianhua Qingwen Capsules from the Pharmacy and Poisons Board of the Ministry of Health of Kenya.
The aim is to hone the technical skills of the initiative participants, introduce state-of-the-art digital technologies and provide excellent opportunities of professional training.
After a successful tenure as 1st vice chairman of West Africa Telecommunications Regulators Assembly (WATRA), Nigeria has, unanimously and by consensus, emerged as Chairman of WATRA for 2021.
The nominal unit value of the 10 million securities will be 10,000 CFA francs with a minimum offering of 50 bonds.
The World Bank approved $50 million in financing to support a disaster and climate resilience project in Tunisia, complemented by French Development Agency (AFD) financing equivalent to $50 million, a total package of $100 million.
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million public sector loan agreement with Burundi to co-finance a project that will improve food security, expand access to marketplaces and social services.
Under the agreement between OCP, NSIA and the Nigerian National Petroleum Corporation (NNPC), Nigeria will import phosphate from the Kingdom of Morocco and use it to produce blended fertiliser for the local market and export.
Despite the setbacks from COVID19, the Africa’s digital economy is on track to expand in the coming years, transforming the way businesses and government functions with the potential to reach $180 billion by 2025.
The South African Department of Mineral Resources and Energy (DMRE), announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel Fund (SFF).
Mozambique’s economy is expected to gradually recover from 2021 but substantial downside risks remain due to uncertainty surrounding the path of the COVID-19 pandemic.
The Beitbridge border post upgrade project, which is a public-private partnership, is the first of its kind in Zimbabwe.
Africa must protect itself against future pandemics and other shocks through higher investment in primary healthcare and increased local manufacturing of key medical products.
The governments of Norway and the United Kingdom have extended grants of around £2.6 million to the African Legal Support Facility (ALSF) to support its activities over the next two years.
The Shell Petroleum Development Company of Nigeria (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
Chariot Oil & Gas signed a Memorandum of Understanding (MoU) along with its partner the Office National des Hydrocarbures et des Mines (ONHYM) with the Ministry of Industry, Trade and Green and Digital Economy in Morocco.
For the first time in history, China overtook the US in 2020 as the Euro Area's (EA) top trading partner.
The Alen gas monetization backfill project represents the first phase of the strategic vision to transform Equatorial Guinea into a Gas Mega Hub.
Ghana and Côte d’Ivoire have agreed to form a joint committee to find a lasting solution to security challenges faced by cocoa farmers along the southern parts of the shared border of the two countries.
The United Nations World Food Programme (WFP) welcomed an additional $7 million in new funding from Switzerland, through the Swiss Agency for Development and Cooperation (SDC).
Nigeria’s telecommunications industry, regulated by the Nigerian Communications Commission (NCC), is one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020.
The Global Fund, the Government of the Republic of the Congo and health partners launched the implementation of two new grants to strengthen prevention and treatment services to fight HIV, TB and malaria.
Worldwide government IT spending is forecast to total $483 billion in 2021, an increase of 5.1% from 2020, according to the latest forecast by Gartner, Inc.
Rwanda Finance Limited (RFL) and the Belgian Finance Center (BFC) have announced the signing of an extended partnership to strengthen ties between their financial sectors.
Angola’s National Agency for Oil, Gas and Biofuels (ANPG) now allows those interested in partaking in the ongoing 2020 licensing round for oil blocks in the onshore Kwanza and Lower Congo Basins.
Morocco has decided to open an embassy in Burundi’s main economic center instead of opting for the country’s political capital.
For many, the Africa Continental Free Trade Area was a manifestation of the long sought-after Pan African dream – a united continent, bringing together its natural resources in a common market, to the benefit of its people.
The OPEC Fund for International Development (the OPEC Fund) signed a $50 million loan with Tanzania to finance the Fourth Tanzania Poverty Reduction Project.