Eni, Nairobi office of Italian Agency for Development Cooperation sign MoU to develop joint initiatives in Kenya
Eni, through its subsidiary Eni Kenya, and the Nairobi Office of the Italian Agency for Development Cooperation (AICS) signed an MoU to identify possible collaboration opportunities in the areas of agriculture and value-chain development.
The ECOWAS Trade Promotion Organisation (TPO) Network is a public-sector led entity and will work in partnership with the ECOWAS commission to drive inclusive trade development initia-tives within West Africa and beyond.
Whilst Kenya and Tanzania have for years shared strong trade relations, non-tariff barriers, high cost of production and cheap imports from outside the East Africa Community (EAC) region have impacted trade between the two countries.
Galileo Technologies will supply Egypt with 500 CNG dispensers and 200 Microbox Core™ MX200 compressor packages. These will equip the service stations of NGVC and GASTEC, two partially state-owned NGV companies.
The African Development Bank approved a loan of $4.25 million to the Lesotho Revenue Authority to provide digital tax services, including e-taxation and e-payment, that will broaden the country’s tax base and boost government revenue.
Abu Dhabi Fund for Development (ADFD), signed agreement with the Government of Rwanda to provide a concessionary loan valued at $15 million to finance the Rambura – Nyange section of the Rubengera- Muhanga road project.
AfDB, KOAFEC fund database system to improve utility regulation for Public Utilities Regulatory Commission of Ghana
AfDB and KOAFEC Trust Fund have funded a Database Management System (DBMS) to improve the operations and functions of the Public Utilities Regulatory Commission (PURC) of Ghana.
This week, Eocband has partnered with Workonline, one of the largest IP transit providers on the African continent to boost internet connectivity in Ghana.
Speaking during the Alliance for a Green Revoluton in Africa (AGRA) organized Africa Green Revolution Forum (AGRF) Summit, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive.
ReconAfrica announced that Namibia’s Ministry of Environment, Forestry and Tourism issued the Environmental Clearance Certificate (ECC) for the initial 2D seismic program to be conducted in the Kavango East and West regions of NE Namibia.
Nigeria's oil sector reform bill, expected since 2008, was finally passed by parliament on Thursday, a historic moment for Africa's top oil producer.
One of the industries that can benefit from AfCFTA is the energy sector, both the traditional oil and gas operators as well as the growing number of renewable enterprises.
[Column] Hardeep Sound: The pandemic’s impact in East Africa demands accelerated digital transformation
Facing the prospect of a rapidly growing youth population, countries in the region are in a race to equip their youth with the digital skills they need to drive economic growth and innovation.
The International Finance Corporation (IFC), signed a memorandum of understanding (MoU), with the Moroccan Ministry of Finance, Economy, and Administration Reform to reiterate IFC's support to the country's new development roadmap.
The clubs are run by students, for students and act as additional training, incubation and mentorship forums that help equip the students to access digital and digitally-enabled job opportunities.
The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), and ZED Energy signed shareholders agreement on the construction of Brass Petroleum Products Terminal.
The Kenya Revenue Authority (KRA), is estimated to collect Kshs. 6.8 trillion over the period 2021/22 to 2023/2024 financial years.
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.
A national motorcycle helmet coalition is to be established in Kenya as part of a major effort to increase motorcycle and motorised three-wheeler safety for riders and their passengers.
[Africa Tech Review] Duncan Mochama: MTN is investing $1.5 billion to expand broadband access across Nigeria
MTN announced plans to invest 640 billion naira, approximately US$1.5 billion, over the next three years to expand broadband access across the continent’s most populous country.
Konza Technopolis Development Authority (KoTDA) has announced an early bird incentive to investors taking up land for development at Konza Technopolis (KT).
The Ministry of Petroleum (MoP) of the Republic of South Sudan, has announced the launch of the country’s first Oil Licensing Round.
World Bank partners with African Union to support rapid vaccination for up to 400 million people in Africa
In a boost to the African Union’s target to vaccinate 60% of the continent’s population by 2022, the World Bank and the AU announced that they are partnering to support the Africa Vaccine Acquisition Task Team (AVATT) initiative.
The Ghana Cocoa Board (COCOBOD), signed an agreement with Bühler to build Ghana’s local cocoa processing and value addition capacity through training, product development and technology guidance.
The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) have announced the suspension of all inbound flights for national and international carriers coming from Liberia, Sierra Leon, and Namibia, effective 23:59 on Monday, June 21st.
Senegal’s PETROSEN and Cos-Petrogaz lay out gas strategy, reinforce partnership with African Energy Chamber
Senagal's Ministry of Petroleum and Energy, PETROSEN and Cos-Petrogaz laid out national gas and energy transition strategy with the African Energy Chamber (AEC), to enhance promotion and competitiveness in the gas and energy sector.
The Board of Executive Directors of the Islamic Development Bank (IsDB), approved $176.05 million for projects in Iraq, Mauritania, Benin and Morocco.
The Department of Petroleum Resources (DPR) has set up a programme to establish micro Liquefied Natural Gas (LNG) distribution centres across the 774 local government areas in the country.
[Africa Tech Review] Duncan Mochama: Nigeria, Kenya and South Africa are top drivers of eCommerce volumes in Sub-Saharan Africa
[Africa Tech Review] Duncan Mochama: Nigeria, Kenya and South Africa are top drivers of eCommerce volumes in Sub-Saharan Africa
The African Development Bank approved a $1.4 million grant from the Global Agriculture and Food Security Program to reduce malnutrition among the Southern African nation’s most vulnerable households.
The African Development Bank approved an €83 million loan to finance the second phase of Egypt’s Electricity and Green Growth Support Program.
The Kenyan government, through the ICT ministry, has expanded the AJIRA Digital Program to all Universities and TVETS across the country.
National Aviation Services (NAS), the airport services provider, announced the launch of its operations at Osvaldo Vieira International Airport in Guinea Bissau.
The Government of Liberia, through the Liberia Petroleum Regulatory Authority, working in collaboration with the National Oil Company of Liberia, announced its intention to open 33 offshore blocks (LB-1 to LB-33) for Direct Negotiations.
The World Economic Forum WEF), in partnership with the Government of Ghana, is launching the first Country Financing Roadmap (CFR) for SDGs initiative in Africa.
IFC and the Government of Niger announced a partnership under the World Bank Group's Scaling Solar program to develop up to 50 megawatts of grid-connected solar power, equivalent to roughly 20 percent of the country's current installed capacity.
The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of Morocco agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition.
The objective of the COMESA-EAC-SADC Tripartite group is to strengthen economic integration of the southern and eastern Africa region through joint planning, design, coordination, and implementation of policies and programmes across the three blocs.
The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling.
[Africa Tech Review] Duncan Mochama: Governments are helping advance the digital economy and drive economic transformation
In Kenya, the government in partnership with the private sector also this week unveiled a new initiative aimed at equipping small business owners with digital skills.
Qatar Fund For Development (QFFD) signed a Memorandum of Understanding (MoU) with the Government of Djibouti in support of an Education Above All (EAA) Foundation, a World Bank project aimed at enrolling 35,000 out of school children in Djibouti.
Ministry of Innovation and Technology partners with Internet Society to advance digital economy in Ethiopia
The Ministry of Innovation and Technology (MINT) of Ethiopia and the Internet Society announced a new collaboration that will help advance the digital economy and drive economic transformation.
This means that, the border regulatory officials clearing traffic, cargo and persons from both Ethiopia and Kenya will now physically relocate and sit side by side on either side of the border.
In a milestone for its pan-Africa mission, Africa Finance Corporation, one of the region’s biggest investors in infrastructure development, has announced that it has exceeded 30 member states, representing more than half the continent.
An initiative to equip over 50,000 owners of Micro Small Enterprises (MSEs) with the relevant digital skills by the end of this year has kicked off in Nairobi,
AFCFTA or the Africa’s continental free trade agreement is essentially an opportunity for African enterprises to export directly to the rest of Africa, goods and services freely, encouraging trade, growth and development of African enterprises in general.
Gridworks, AEE Power and Eranove sign concession agreements with DRC on $100m solar-hybrid power project
A consortium led by Gridworks including Eranove and AEE Power, signed three concession agreements with the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC).
The World Bank approved $200 million financing to expand access to high-speed and affordable internet, improve efficiency of digitally enabled public service delivery, and strengthen digital inclusion in Uganda.
Energy Capital & Power, on behalf Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH), announced the start of drilling in the Elon Field in Trident Energy-operated Block G in the Rio Muni Basin in Equatorial Guinea.
The award came a year after 2020 marginal field bid round began with 591 companies applying to win 57 oil fields on offer. The oil fields are located onshore, swamps and offshore.
Dangote Sugar Refinery Plc has urged government to faithfully follow through with the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly from Sugar production self-sufficiency.
Shell says the company will support the economy and earning power of the Rivers State and its people from the cassava value chain while utilising leading technology to process and create more added value from the household crop.
Aside the sensitization campaigns held in Abuja, the NCC held similar events, in its zonal offices, across the country in furtherance of its commitment to promote the empowerment of young women through ICT.
The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year.
The World Bank approved $65 million from the International Development Association (IDA), for the Natural Resources, Mining and Environmental Management Project in Guinea.
Other investments include the development of 5,000 metric tons LPG Storage and loading terminal facility by Triansel Gas Limited in Koko, Delta State and construction of Energy Park.
Over the last two decades, Mauritius has been extremely successful in achieving rapid growth and substantial diversification of its economy.
Domineum, a London-based software development firm announced that it has entered into a partnership arrangement with nChain, a provider of data integrity solutions built by their in-house blockchain experts.
Kenya Bureau of Standards approves 40 new standards to address information security and consumer privacy
The new standards outline various techniques and methods for securing corporate information by an individual or managers charged with the responsibility of ensuring institutional data is safe.
The United Nations World Food Programme (WFP) and the Tanzania Social Action Fund (TASAF), a Government Department responsible for safety net programmes, have signed a memorandum of understanding to strengthen food security for 300,000 vulnerable families.
This month, Botswana became the first country in Southern Africa, and the third in Africa, to pilot drone technology for health-care delivery. The Drones for Health pilot project aims to reduce preventable maternal deaths.
The ECOWAS Bank for Investment and Development (EBID) has granted a $50 million facility to the Consolidated Bank Ghana (CBG), to support Ghana’s road infrastructure development.
The only way a nation can succeed in bridging the relationship gap between its citizens and the government – enriching the quality of our democracy and reducing apathy – is through the institution of efficient and fair tax systems.
Nigeria recognises the reality of energy transition and is committed to accelerated development of its petroleum resources through the emplacement of appropriate legal framework.
The European Union has said it is investing 1 billion to facilitate construction of vaccine factories in Africa.
President Akufo Addo of Ghana, Werner Hoyer, President of the European Investment Bank and Thomas Östros, Vice President, formally agreed to €170 million EIB backing for the new National Development Bank of Ghana.
The Department of Trade, Industry and Competition (the dtic) has released a Green Paper on the advancement of new energy vehicles in South Africa as part of a series of policy papers accompanying the 2021 Budget Vote for the Department.
Seven Nigerian Content Ministerial Regulations have been approved and gazetted, making them subsidiary legislations that can be implemented by the Nigerian Content Development and Monitoring Board.
The African Development Bank (AfDB), and the Government of Uganda signed two financing agreements totaling around $348 million for the improvement of road transport in Uganda.
[Column] Amina Ali: South Africa should urgently move on gas monetization to solve its energy problems
As Southern Africa’s leading economy, South Africa should evaluate the development of gas-to-power projects to address climate change, increase its power generating capacity, and stop load shedding.
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.
Impact Oil & Gas announced the completion of the farm-in transaction between its wholly-owned subsidiary, Impact Africa and Silver Wave Energy for the acquisition of a 90% working interest and operatorship of Area 2, offshore South Africa.
Viasat Inc., a global communications company, has been granted a full suite of operating licenses in order to bring high-quality satellite internet connectivity to Nigerian communities where limited or no internet service is currently available
Construction of Border Export Zones in four sites in Uganda has reached 85%. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna.
The Department of Petroleum Resources (DPR) had issued Licence to Establish (LTE), the first floating Liquefied Natural Gas (LNG) production plant to UTM Offshore Limited, an indigenous oil and gas company, earlier this year.
With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups.
Following approval of the proposal by the Boards of Directors of the African Development Bank Group to clear about $413 million in arrears on loans owed by Sudan, the Bank Group has completed the arrears clearance process.
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.
The Republic of Congo signed an agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), that will unlock up to $41.8 million for reducing emissions from deforestation and forest degradation and increasing carbon sequestration.
PGS announced it has 3 400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round.
[Column] Vinod Madhavan : After a cautious start, Africa’s policymakers should accelerate adoption of AfCFTA
If successful, AfCFTA is expected to boost intra-African trade from the low levels of c. 17% seen today, which in turn will promote industrialisation and economic growth.
Nigeria NIMC is pioneering Africa-first Mobile Identity Ecosystem leveraging OSIA open standard interfaces to verify unique identities against National Identity Registry.
SpaceX is in the process of launching a low-earth orbiting (LOE) constellation of satellites to provide low latency, high bandwidths Internet to all corners of the globe and has identified Nigeria as a critical market.
Business continuity has become even more important this year as organisations look for strategies to ensure a quick resumption of service in the event of a major disruption, such as the COVID-19 pandemic.
Naturally, regulations are a prerequisite for any nation or institution. When effectively implemented, they create an enabling environment for competitiveness by enforcing fair business practices
The construction of Border Export Zones in four sites in Uganda has reached 85% completion. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna.
The Nigerian Communications Commission and Nigerian Communications Satellite signed an MoU to facilitate the release of contiguous bandwidth in one of the most suitable frequency spectrum bands for early deployment of 5G Network services.
APA Corporation reaches agreement to modernize production sharing contracts in Western Desert, Egypt
APA Corporation has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation in support of the MOP’s efforts to modernize the country’s petroleum sector.
The Kenya Bureau of Standards has partnered with the Kenya Trade Net System in launching a single window platform that allows traders to submit import-export documentation and access approvals in one stop.
[Column] Michelle Dickens: Are South African companies ready for Protection of Personal Information Act?
The majority of organisations are not yet compliant with the Protection of Personal Information Act (POPIA) which becomes effective on 1 July this year.
As the world went into pandemic lockdown in 2020, consumers in Africa shifted their spending habits to embrace contactless tap-and-go payments and online shopping.
In a joint announcement with the Government of Nigeria, Microsoft has detailed several projects aimed at intensifying the nation’s move to become a more digital economy.
Beyond its environmental components, addressing climate change is about economic competitiveness and opportunity.
Africa’s vast oil and gas resources are one of the things that make the continent unique. They are key to a better future. But what we need is for women to have greater control over them.
Madagascar's farmers stand to build stronger climate resilience, increase productivity, and more easily access financial services thanks to an agricultural insurance program announced by IFC and the Government of Madagascar.
The World Bank discussed the new Country Partnership Framework (CPF) for Malawi, which supports the creation of more jobs, the strengthening of human capital, and supporting foundations for economic growth and accountability.
[Column] Chido Pamela Mafongoya, Veedushi Mooloo: How Mauritius can take advantage of the African Continental Free Trade Area
The AfCFTA gives Mauritius market access estimated to be as large as 1.3 billion people across Africa, with a combined gross domestic product (GDP) of $3.4 trillion.
he newly approved standards will provide basis to ascertain the quality, purity and safety of the food additives.
The Federal Government has approved the extension of the deadline for National Identity Number (NIN)-Subscriber Identity Module (SIM) data verification to the 30th of June, 2021.