tagresults
[Free Webinar] E-commerce Evolution: The Future of Finance with Digital Payments in Africa
Master the skill of leveraging digital payment solutions to enhance transaction efficiency, cater to diverse payment preferences, and manage risks associated with foreign exchange and transaction security.
Kenya to host flower buyers from 75 countries for the 11th edition of International Flower Trade Exhibition
Nairobi is set to host the global flower trade fraternity for the 11th edition of the International Flower Trade Exhibition (IFTEX) from June 4-6 2024, as Kenya stamps its growing dominance in the sector.
The Kenya Revenue Authority and the UK partner to streamline customs valuation process
The Kenya Revenue Authority and the United Kingdom (UK) have partnered to streamline the Customs valuation process to make it more efficient, transparent, consistent, and predictable.
Nexgen Packaging opens African headquarters in Nairobi, Kenya
Nexgen Packaging, a global provider of apparel brand identification and packaging products, has announced the grand opening of its African headquarters in Nairobi, Kenya.
Kenya Airways launches direct flights to Maputo, Mozambique
The expansion takes flight from 14th June 2024, further solidifying KQ's commitment to strengthening its network and offering seamless travel experiences across the continent.
[Kenya] Mombasa green entrepreneurs launch Zero Waste Festival
Zero Waste Fest culminated a week-long digital campaign dubbed #BeatPlasticPollution aimed at addressing the plastic pollution menace in Mombasa.
JW Marriott unveils second property in Kenya
Standing as the tallest hotel in the country with 35 stories in the Westlands commercial district, JW Marriott Hotel Nairobi captures the essence of Kenya’s natural beauty and heritage.
German manufacturer Karcher invests €3 million in the Kenyan market
This investment was made to operationalize the business into a full subsidiary, which includes a regional distribution center at the Freight Forwarders Solutions warehouse, Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.
Kenya Airways and Virgin Atlantic announce new codeshare agreement
The first phase of the agreement will allow customers booking through Virgin Atlantic to directly purchase flights on Kenya Airways’ Heathrow to Nairobi service.
[Column] Anthony Mwangi: Road towards gainful employment in Kenya: The Dual TVET approach
The evolving employment landscape demands a fresh perspective, one that champions the pragmatic alternative of Technical and Vocational Education and Training (TVET).
Kenya Airways Cargo launches direct flights from Sharjah to Nairobi
To commemorate Kenya Airways Cargo's (KQ Cargo) recent route expansion to include direct cargo flights from Sharjah in the UAE.
Kenya Airways boosts its network with increased frequencies and additional destinations
Kenya Airways (KQ) has announced plans to boost its growing network with increased frequencies to five destinations and the addition of Eldoret and Maputo to its network.
GA Telesis delivers two Boeing 737-800SF freighters to Kenya Airways
The aircraft is part of the GA Telesis owned fleet and was delivered to Kenya Airways as part of a two aircraft transaction.
2024 Dubai WoodShow to feature seven country pavilions
Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), is poised for its landmark 20th edition, scheduled from March 5 to 7, 2024, at the Dubai World Trade Centre.
Kenya Airways and Vietnam Airlines renew codeshare agreement
The codeshare partnership will allow customers to enjoy flexibility and choice with smooth connections via Bangkok and Nairobi to points such as Johannesburg, Cape Town, Dar es Salaam, Kisumu, Entebbe, Kigali, and Mombasa, among others.
Canon and MindMe International partner to empower Kenyan youth through creative storytelling
This collaboration aims to empower marginalized communities through sustainable development, with a focus on fostering positive change in young individuals' lives.
[South Africa] PPC to list on A2X
PPC Limited has been approved for a secondary listing on A2X Markets. Its shares will be available for trade on A2X from 30 May 2023.
Ethiopia set to welcome construction players for the twelfth edition of Addisbuild
Highlighting the top opportunities, products, services and stakeholders in Ethiopia’s construction industry, the exhibition brings together over 6,000 building, construction, and infrastructure professionals to network, inspire growth and uncover the latest trends and innovation in construction.
[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked Plc., Nigeria.
[Column] Muhammad Gambo: The Russia – Ukraine conflict and its impact on the built environment industry in Africa
The imminent food crisis resulting from the war is the topic du jour. However, there are other sectors to consider; one of them is the Built Environment.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[Nigeria Business Week] Andrea Ayemoba: An economic overview for Q1
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Nigeria Business Week] Andrea Ayemoba: State to digitize tourism, FG takes on efficient mobility
Banking is one of the most thriving sectors in Nigeria. The reason for this success has been attributed to the efficiency with which this industry has leveraged technology to modernize its operations.
[Interview] Burak Buyuksarac, CEO, BMS Group, Tanzania
BMS Group, a Tanzanian company, operates different companies across tourism, security, consultancy, trading, and interior design and construction.
[Column] Phyllis Wakiaga: Fix Kenya's road construction challenges
When it comes to a country’s socio-economic development, an efficient transport system is indispensable. For instance, roads enable citizens to access critical services such as health and education, as well as ensure that they are able to access their businesses.
[Column] Bobby Johnson: High cost of inputs hurting steel sector
The demand for steel is increasing in the country, as government-driven infrastructural development, and commercial and residential buildings surge.
[Interview] Essi Farida Geraldo, CEO, Architecte urbaniste, Togo
Passionate about art and creation and ended up in immersing in the field of architecture and design, Essi Farida Geraldo is the CEO of Architecte urbaniste an architectural and sustainable development firm which offer classic eco-architecture and urban planning services in Togo.
[Interview] Victoria Nannozi, CEO, The Association of Real Estate Agents, Uganda
The Association of Real Estate Agents, AREA-Uganda, is an umbrella institution of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Uganda that have key interests in real estate agency/brokerage.
[Column] Grace Goodrich: Driving deal making in Mozambique post-COVID-19
While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis.
Djibouti bets on Doraleh facility, infrastructure projects to grow economy
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.
[Interview] Seth Mundhe, Founder, Ejenzi Africa, Kenya
After years of experience working in the construction industry, Seth Mundhe identified a need in the market and set up an online marketplace to satisfy it.
[Nigeria Business Week] Calling for free-trade, efficient energy
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
[Nigeria Business Week] Forging bonds at new levels, China bets higher
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
[Nigeria Business Week] Towards self-dependence, reduced importation
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
[Kenya Business Week] Tackling illicit financial flows
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.
Complimentary map: Airport project opportunities in Africa
Air traffic across Africa is expected to soar over the next 20 years to over 300 million passengers, which is great news for African economies - so long as they have the infrastructure to sustain it
[Column] Sachen Gudka: Toward Future Smart Cities; lessons from around the world
Historically, the growth of cities and their development has always been haphazard. For instance, the growth of Nairobi was based on the needs of the then new railway line that ran through to the port of Mombasa.
3rd Underground Infrastructure and Deep Foundations Egypt Conference | Cairo, 22 February 2018
As Egypt embarks on a massive infrastructure expansion drive to stabilise and expand its economy, underground and deep foundations works represent an essential element of preparation
[Column] Leana Englebrecht: Swaziland Competition Commission requires payment of higher merger filing fees
In Swaziland, mergers are classified as either small mergers or large mergers.
Transport projects financed by the AfDB between 1967 and 2017 have benefited 450 million Africans
Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa.
[Interview] Bako Ambianda, Chairman and CEO, Labacorp Group Limited, Cameroon
Labacorp Group has built a name and legacy in key economic sectors spanning real estate, agribusiness, manufacturing and construction among others. It oversees the activities of nine wholly owned-majority owned operating member companies
[Column] Korede Ologun: What African countries can learn from Ethiopia and its economic success
East Africa continues to maintain its lead in regional growth in Africa reaching 5.3% in 2016 Real GDP growth. The economic success of Ethiopia is attributable to its desire to grow its economic base amidst structural challenges.
Roads & Corridors East Africa 2017 | 20-21 June Nairobi, Kenya
Governments across East Africa are set to change transportation and trade development by investing in the expansion and rehabilitation of existing roads, the creation of new road links between key cities and cross-border connections
Afreximbank and Thelo DB renew partnership for the development of railways in Africa
Under the terms of the MoU, Thelo DB will review each railway project from a technical perspective and provide technical solutions. Afreximbank will consider the diagnostic technical and feasibility analysis undertaken by Thelo DB.
AIIM invests in Kenya's road network to support upgrades and connect rural communities
African Infrastructure Investment Managers, AIIM, Africa's largest dedicated infrastructure private equity manager, has committed to invest $34 million into Kenya's Road Annuity Programme through its pan-African AIIF4 Fund.
Inauguration de la logistique aérienne d'Afrique de l'Ouest
Bolloré Transport & Logistics inaugure la phase 2 d'Aérohub, avec la mise en service de la plus grande base logistique aérienne d'Afrique de l'Ouest
World’s tallest timber apartment tower to be built in Zanzibar
The design of the mixed-use apartment and commercial building, in a playful beehive style with breathtaking ocean views, was unveiled to the public in Muscat, Oman on 1 October.
[Kenya] UN Economic Commission for Africa inaugurates LAPPSET Business Council
The UN Economic Commission for Africa (ECA) recently spearheaded the establishment of the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) Business Council to facilitate the participation of the private sector in the implementation of the corridor programme.
[Nigeria] Construction professionals to explore sustainable solutions for the sector
More than 2,500 professionals are set to be CPD certified at The Big 5 Construct Nigeria 2022, as public and private stakeholders gather to explore sustainable solutions for the growth of Nigeria’s construction industry.
Orascom Construction earns multiple top global ENR 2022 rankings
Orascom Construction PLC announced that it has been highly featured in several rankings published by Engineering News Record (ENR), one of the world’s leading global engineering and construction publications.
Le port d’Abidjan entame sa phase finale
Le projet de construction du deuxième terminal à conteneurs du port d’Abidjan entame sa phase finale avec la réception de 6 portiques de quai et 7 portiques de parc
Director Ebong to join Secretary Blinken in the Philippines and South Africa
U.S. Trade and Development Agency, Director Enoh T. Ebong joined U.S. Secretary of State Antony J. Blinken’s travel to the Philippines and South Africa later this week, highlighting USTDA’s work to advance the Philippines’ clean energy transition and Africa financial support.
Le consortium Petrofac remporte un projet EPC en Algérie
Petrofac, à la tête d'un consortium avec Genie Civil et Batiment (GCB), a reçu la notification d'une attribution provisoire d'un contrat d'ingénierie, de fourniture et de construction avec Sonatrach pour le projet de développement EPC2 de Tinrhert en Algérie.
Exploring opportunities in automotive manufacturing in Ghana
Japan Motors Trading Company Limited (JMTC), a major player in the automotive industry in Ghana is keen to explore opportunities in automotive component manufacturing.
Signature du pacte pour la competitivite de l’industrie automobile en Tunisie
La Tunisian Automotive Association « TAA » a annoncé la signature du pacte pour la compétitivité de l’industrie automobile entre le Ministère de l’Industrie, des Mines et de l’Energie sous le haut patronage de la Présidence du Gouvernement Tunisien et le secteur privé représenté par la TAA sous l’égide de l’UTICA
Eni Rovuma Basin hands over school infrastructures at Cidadela das Crianças Primary School
Eni Rovuma Basin, on behalf of the Area 4 partners and together with ADPP, has inaugurated a school sports infrastructures at the Cidadela das Crianças community primary school in Maputo.
Jobomax, Sankofa announce joint venture pilot housing project in Ghana
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.
Barrows develops new International Airport Business Hotel in Lagos, Nigeria
Barrows Hotel Enterprises, the provider of hotel investment and advisory services for hotels in the Middle East and Africa, is developing a new 4-star International Airport Business Hotel in Lagos Nigeria.
[Egypt] SODIC to open civil registry office with premium services in SODIC West
SODIC, a leading real estate developer in Egypt, opens a Civil Registry Office with Premium Services at The Strip in SODIC West.
MTN Rwanda partners with Living Water International-Rwanda to construct boreholes serving 500 families
MTN Rwanda has signed a MoU with Living Water International-Rwanda, to provide drinking water to 500 families, through the construction of ready to use boreholes to be completed by 30 June 2022.
Le Britannique KTH décroche le contrat de construction d’un nouveau terminal du Port de Douala
Le projet de 427 milliards de FCFA pour la construction, l’exploitation et la rénovation ,le nouveau terminal du Port de Douala.
InfraCo Africa investit dans des ferries sûrs et abordables pour le transport de passagers
InfraCo Africa a signé une convention entre actionnaires avec Globology Ltd, engageant 3,8 millions de dollars US pour soutenir l’expansion des opérations de transport de passagers de la société Waterbus, active sur le Lac Victoria.
UK Export Finance provides £113m to support roadworks in Cameroon, boost bilateral trade
The UK Export Finance (UKEF), has provided £113 million of financial support for the Cameroonian Government to boost bilateral trade and help UK businesses complete essential roadworks that will unlock the country’s economic potential.
Government to pilot 3D-printed houses in South Africa
The Department of Science And Innovation (DSI) is piloting the use of 3D-printed homes to help address South Africa’s housing shortfall.
Egypt, South Korea sign MoU on railway cooperation
Egypt and South Korea have signed a memorandum of understanding (MoU) on railway cooperation.
Al- Futtaim Group Real Estate partners with Misr El Khair Foundation to develop villages in Upper Egypt
The initiative aims to provide sustainable development activities in different areas in the village of Mansheyah Al Dahab Al Qblyah in Minya, Upper Egypt throughout the year.
Knight Frank Kenya appoints Mark Dunford as new Managing Director
Real estate management firm Knight Frank Kenya, has appointed Mark Dunford as the new Managing Director.
Tanzania launches works on major Dodoma road
African Development Bank Group joined Tanzanian President Samia Suluhu Hassan to formally launch the construction of the landmark Dodoma City Outer Ring Road project.
[Egypt] New El Alamein city sees $4bn investments, housing minister
Projects involved in Egypt’s new El Alamein city have raised 62 billion Egyptian pounds ($4 billion) to date, the minister of housing, utilities and urban communities said.
Morocco and China sign joint belt and road implementation plan
The minister also highlighted the fact that Morocco was the first country in the Maghreb and among the first in Africa to adhere to the Belt and Road initiative, hence raising the Moroccan-Chinese strategic partnership to a new higher level.
Senegal inaugurates regional express train linking Dakar to Diamniadio
Senegal has officially launched the commercial operation of the Regional Express Train which will link Dakar, the country's capital, to Diamniadio, the new town currently under development.
Turkish builder signs $1.9b railway construction deal with Tanzania
Turkish construction giant, Yapi Merkezi, has signed a $1.9billion contract with Tanzania to build the 368 km third phase of a planned railway.
Africa50 unveils Kigali Innovation City urban masterplan in Rwanda
Africa50, the pan-African investment platform, Rwanda Development Board (RDB) and the Ministry of ICT and Innovation of Rwanda unveiled the urban masterplan for the development of the Kigali Innovation City (KIC) project.
Holcim and CDC Group unveil Africa’s largest 3D-printed affordable housing project in Kenya
A new neighbourhood in a Kenyan town is to spring into existence in record time thanks to a world beating 3D printing technology.
HeidelbergCement sells Sierra Leone business to Diamond Cement Group
HeidelbergCement holds 50% of the shares in the company and has full management responsibility. The sale includes a cement grinding plant with two grinding mills.
Saudi Fund for Development marks completion of $31 million Banjul International Airport Project in Gambia
The SFD supplied a loan worth $31 million to fund the project which will increase the airport’s operational capacity by 43%, enhancing trade and supporting economic growth.
PPG appoints Meri Vainikka as Vice President, Architectural Coatings, EMEA, North and East
PPG announced the appointment of Meri Vainikka as vice president, architectural coatings (AC), Europe, Middle East and Africa (EMEA), North and East, effective immediately.
Grande Côte Opérations signs MoU with CrossBoundary for construction of hybrid solar power station in Senegal
Grande Côte Opérations (GCO), a subsidiary of the Eramet Group, signed a Memorandum of Understanding (MoU) with CrossBoundary Energy for the construction of a 13 MW hybrid solar power station with 8 MW battery storage in Senegal.
Siemens Mobility signs $3 billion contract for Turnkey Rail System in Egypt
Together with partners Orascom Construction S.A.E. and The Arab Contractors, Siemens Mobility will provide its comprehensive turnkey services to design, install, commission, and maintain the systems for 15 years.
Property technology to disrupt Africa’s real estate sector, analysts
Africa’s Property Technology (Proptech) sector is ramping up and is a key component of future strategies for local REITs, operators and others looking to future proof their real estate businesses.
Nigerian Rent4Less raises $1m private placement bond to entrench monthly rental culture in Africa
Nigerian rental scheme company Rent4Less by Alpha Mead, announced it raised a fixed-rate series one $1 million private placement bond to entrench the culture of monthly rental in Africa.
Lafarge Egypt and GIZ reinforce diversity and inclusion in cement industry
To further the principles of gender equality, women empowerment, and inclusion in the business environment, Lafarge in cooperation with GIZ, will be offering a summer internship for 8 female school-students, reinforcing its mission to create equitable opportunities and promote diversity in the cement field.
Acorn Holdings closes oversubscribed final tranche of its Green Bond in Kenya
Acorn Holdings announced that Acorn Project (Two) Limited Liability Partnership, the Issuer of the Acorn Medium-Term Green Note (MTN) Programme, closed the final tranche, raising KES 2.096 billion against the target of KES 1.438 billion.
ATI closes €203m financing agreements to support health and transport infrastructure in Ghana
The African Trade Insurance (ATI), announced the closing of two €203 million financing agreements social loans, to fund four health and two transportation projects in Ghana.
ADFD supports road infrastructure development project in Rwanda
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.
Buildher Kenya receives $40,000 from GREA to empower women in construction
Skills development and empowerment of women in construction received a boost as real estate developer Gateway Real Estate Africa (GREA), handed over a donation of $40,000 (KES 4,328,000) to Buildher Kenya.
[Nigeria] Dangote Cement acquires 2,000 trucks for distribution of products
These assets would meet the expected increase in demand for transportation of cement to every part of the country and create employment for over 4,000 people in Nigeria.
WRI, UNEP, GEF and partners launch Zero Carbon Building accelerator
World Resources Institute, with support from the Global Environment Facility, UN Environment Programme and World Green Building Council, among others, have launched the Zero Carbon Building Accelerator (ZCBA) to speed up the transition to zero-carbon, efficient buildings around the world.
KONE wins order to deliver, install elevators and escalators for the Iconic Tower building in Egypt
KONE Corporation, a global player in the elevator and escalator industry, has won an order to deliver and install 60 custom-made elevators and escalators for the Iconic Tower building, located in Egypt’s new administrative capital.
Radisson Hotel Group debuts in Djibouti
Radisson Hotel Group announced the signing of Radisson Hotel Djibouti. The hotel marks the Group’s entry into the country and brings its East African portfolio to 18 hotels and over 2700 rooms.
IFC, Belco Realty partner to develop affordable housing and commercial space in Kenya
IFC announced partnership with Kenyan firm Belco Realty to support the development of a mixed use affordable living complex that will consist of 1,379 residential units and over 4,500 square meters of retail and commercial space in Mombasa county.
Construction of Border Export Zones in Uganda reaches 85% completion
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.
Gold Fields gives green light for construction of solar plant at South Deep mine in South Africa
Gold Fields Board of Directors gave the green light for the construction of a 40MW solar plant at the South Deep mine in South Africa. This follows the granting of a licence by the National Energy Regulator of South Africa in February this year.
Netherlands co-finances construction of logistics center in Angola
The construction of a logistics center in Angola’s Benguela province will be co-financed by the Netherlands.
Centamin awards Sukari Gold Mine contracts to juwi AG and Giza Systems in Egypt
Centamin announced it has awarded the engineering, procurement and construction contracts for the 36MW solar farm and 7.5 MW battery-energy storage system at the Sukari Gold Mine (the Sukari solar plant) to juwi AG and Giza Systems in Egypt.
American homebuilders of West Africa returns to roots with Jobomax rebrand
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.
Lafarge Egypt launches first Ecolabel cement in the country
The new products comply with the company’s green criteria, including lower CO2 footprint and recycled content.
[South Africa] Kusile Unit 3 achieves commercial operation, brings half the project to completion
Eskom announced that Unit 3 of the Kusile Power Station has achieved commercial operation status, bringing to three the number of generation units that have achieved commercial status at the project.
Share this article
COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
.png)
[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here