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[Free Webinar] Strategic Business Growth in Africa: FX and Payment Barriers for Expansion
Join this webinar as the upper management experts from VertoFX and Moet Hennessy delve into the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.
Engineering firm Pini Group expands operations into Africa
Pini Group has had a longstanding interest in Africa and has recently participated in several significant projects in Senegal, Mozambique, and Tanzania.
Africa Business Communities seeks columnists in Egypt and Dubai
We are keen on contributors with originality, creativity, versatility and an eye for interesting trends across the sectors that we cover including banking and finance, tech, energy, agribusiness and trade.
Africa Business Communities launches operations in the Middle East
The company supports doing business in Africa through marketing and communication services, custom media productions and market research and has the largest LinkedIn community in Africa with over 1.2 million followers.
Kotler Impact presents the Essentials of Modern Marketing, Nigeria Edition 2024
This is the world's first marketing book around market-specific stories from Nigeria, to be published in November 2024 on Amazon and launched in Lagos.
L'Oréal is the world’s most valuable cosmetics brand, report
The iconic French brand continues to outshine its competitors, boasting a brand value approximately 80% higher than its closest rival.
Corporate communications agency LCH Consultancy appoints Evelyne Wangui as Director of media relations
As Director of Content and Media Relations, she will be pivotal in strengthening strategic services across the African region.
Pan-African legal firm Centurion Law Group rebrands as CLG
The rebrand aligns closely with the firm’s mission to consolidate its position as the leading legal practice and business advisor in an ever-evolving energy environment.
MENA region leads global growth in luxury travel, report
The appetite for new experiences in unexplored destinations, micro-trips and ‘bleisure’ will likely drive the growth of the global luxury travel market
African Union and Google Africa launch campaign to celebrate the creative economy
In celebration of Africa Month,YouTube creators across Africa are invited to share short videos capturing their unique perspectives using the #DiscoverMyAfrica hashtag.
EIB’s Water Sector Fund invests €10 million to support innovative businesses in Africa and Asia
W2AF is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve access to safe, affordable drinking water for underserved populations, mainly in Sub-Saharan Africa and South and Southeast Asia.
[Zoom Event, April 11 2024] Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.
East Africa Marine Transport inaugure son premier navire sur le lac Victoria
Après 21 mois de construction, East Africa Marine Transport (EAMT) a inauguré son premier navire sur le lac Victoria.
Mastercard and Women Choice expand partnership to invest in women entrepreneurs
Women Choice - an international organization dedicated to advancing women's personal and professional development - launched the pilot cohort in 2023.The next cohorts will be participating in the new programs this year and will aim to impact 50,000 women.
Unilever accelerates Growth Action Plan by launching productivity programme
Unilever has announced steps to accelerate its Growth Action Plan (GAP) through the separation of Ice Cream and the launch of a major productivity programme.
Nissan Africa announces regional appointments
Jordi Vila, currently Nissan Divisional Vice President Marketing and Sales Europe has been appointed as President Nissan Africa, as DVP.
Mark-Anthony Johnson: Is Africa splitting in two?
Mark-Anthony Johnson: Is Africa splitting in two?
Africa’s vibrant and sustainable creations
In many African communities, creativity knows no bounds. A unique and fascinating trend has emerged, where individuals repurpose flip-flops into remarkable crafts.
Nissan Navara to fly the flag up through Africa in daring expedition
Dubbed Nissan Daring Africa 2024, the expedition will visit Mozambique, Zimbabwe, Zambia, Malawi, Tanzania and Kenya before ending in Egypt.
[Webinar] Complimentary expert session for Telecom leaders and Startups in Africa, March 21
Designed for telecom leaders and startups, thia event offers invaluable strategies for expanding services, managing FX risks, enhancing cross-border payments, and establishing credibility in the international arena.
Xsolla unveils new payment methods for gamers in Africa
This move addresses the unique financial landscape of Africa, where a significant portion of the population, particularly in regions like Ghana and Uganda, remains unbanked.
Southern African tourism stakeholders to get new regional disaster risk management and crisis communication plan
The SADC Business Council Tourism Alliance has concluded the successful completion of a pilot project on tourism disaster risk management and crisis communication for the Southern African Development Community (SADC) region.
IATA announces first signatories to Air Cargo Digitalization Leadership Charter
The Digitalization Leadership Charter aims to accelerate the air cargo industry’s digitalization journey by committing to five key guiding principles.
Village Capital unveils programme targeting African startups focused on greentech
The programme is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change across Africa.
AFC Joins Ecobank and Soto Gallery to Host +234Art International Art Exhibition to empower African artists
AFC has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and its artists.
[Column] Farai Bayai Ncube: Bridging gender gaps in Africa’s creative sectors
The Creative DNA programme, initially successful in Kenya with three completed cohorts, has expanded to Ethiopia, Senegal, and Uganda, and plans to launch in more sub-Saharan African countries.
IATA partners with Smart Freight Centre on carbon emission calculations
The two organizations will focus efforts on developing the cargo component of IATA’s CO2 Connect offering, which successfully launched its passenger version in 2022.
DP World launches global freight forwarding network
In response to increasing disruptions to global trade – from climate change, geopolitics and macroeconomic challenges – DP World has embarked on a bold initiative to bolster its commitment to its customers.
IBM commits $45 million towards resilient cities
IBM also announced that it would increase investment in the pro-bono social impact program by 50%.
Global HR company Deel to acquire African payroll firm PaySpace
Global HR company Deel has announced that it is acquiring African-based payroll and HR solution company PaySpace for an undisclosed amount. It is one of Deel’s largest acquisitions to date.
Aviation experts push for a Model Bilateral Air Services Agreement
Aviation officials from the Eastern Africa-Southern Africa and Indian Ocean region are making steady progress in reviewing and having a model Bilateral Air Services Agreement (BASA) that conforms with the provisions of the Yamoussoukro Decision of 1999.
IATA and The Weather Company to provide enhanced turbulence-related weather data to airlines
With this enhancement, participating airlines will soon be able to access Eddy Dissipation Rate (EDR) turbulence data directly through Fusion and Pilotbrief tools by The Weather Company.
Lilium Group and Didier Drogba Foundation are now co-owners of Team Drogba in the E1 World Championship
Lilium Group, the parent company of Vista Group the African financial services group, and the Didier Drogba Foundation announce that they are co-owners of Team Drogba in the E1 World Championship.
DFC reaffirms commitment to scaling investment in African infrastructure and critical minerals
Deputy Chief Executive Officer (DCEO) Nisha Biswal traveled to South Africa and Zambia as part of the largest U.S. government delegation to Mining Indaba and the first Lobito Corridor Investors Forum and to deepen DFC’s investments on the continent.
TradeMark Africa partners with global organizations to boost international trade
With TMA funding of $4 million, IOTA developed TLIP, a system built on the distributed ledger technology providing a transparent and secure electronic exchange of trade information in international supply chains.
Uber is the world's most valuable mobility brand, study
Uber remains the world's most valuable mobility brand, with a 28% increase in brand value to $29.7 billion, according to the latest report by Brand Finance, the global brand valuation consultancy.
African healthtech shows resilience with mere 2% decline in funding while broader tech ecosystem plunges in 2023, report
Healthcare consulting firm Salient Advisory has launched its latest Intelligence Report, presenting findings on funding activity, covering grant, equity, and debt investments for African healthtech startups in 2023
Digital commerce in Africa to expand 25% per year by 2026, report
Africa has emerged as a frontier for the new online consumer class, representing an estimated 10 million new consumers in 2024 and trailing only Asia as a region. This is according to the new annual Beyond Borders digital payments and commerce report by EBANX
TradeMark Africa receives $63 million from Netherlands to advance sustainable trade
This strategic investment will fuel TradeMark Africa’s Strategy 3, covering the period till 2030, aimed at driving green, sustainable economic growth, fostering innovative trade practices, and promoting inclusive trade across Africa.
[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.
[Interview] Dr. Mima Nedelcovych, Chairman, AfricaGlobal Schaffer
Dr. Mima Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer, a strategic consulting firm focused on project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa.
[Interview] Dr. Mima Nedelcovych, Président, AfricaGlobal Schaffer
Mima Nedelcovych est fondateur et président d'AfricaGlobal Schaffer, une société de conseil stratégique spécialisée dans le développement de projets, le financement de projets, la facilitation du commerce et les partenariats public-privé dans les pays en développement, et plus particulièrement en Afrique.
[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.
[Interview] Saeed Ibrahim Talfo, CEO, Golden Land, Sudan
Saeed Talfo has spent about a decade working in ICT, telecom delivery and service, and HE is currently the CEO of GLSD.
[SA Business Week] Key sectors appointments and a busy air route
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
[Nigeria Business Week] Ensuring co-operation and diligence in trade
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.
[Nigeria Business Week] Racing toward growth, partnerships, targets
This week has shown interesting developments in a wide range of sectors in Nigeria - Hospitality, Real Estate, Agribusiness, Banking, Automotive, Oil and Gas and as always, ICT remains a busy sector.
[Nigeria Business Week] Collaborations birth opportunities
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
[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.
[Nigeria Business Week] Nigeria, one economic sector after another, exits recession
The Nigerian oil and gas scene remains as active as ever, with changes surfacing on an almost daily basis. Last week saw the country’s first Marine Engineering Center commence its programs of 18 month academic and field work, which will lead to a masters in Marine Engineering.
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] Idowu Oyebanjo: 2017- A year of mixed fortunes for Nigeria’s power sector
2017 had its ups and downs and the power sector was no exception. The year started with a generally low mood in terms of the quantum of power generation available for distribution from none to a peak of 5,222MW on 18th of December, 2017.
Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.
Intelitek opens the first of 20 STEAM centers in Ghana
In partnership with the Ghanaian Ministry of Education and Israeli government, Intelitek and its parent company, Robogroup T.E.K. Ltd., have opened the first of 20 planned STEAM (Science, Technology, Arts, Engineering and Mathematics) centers in Ghana.
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
AAAM have appointed Bernhard Manson-Kullin as a Project Manager for Component Manufacturing
The AAAM - African Association of Automotive Manufacturers have appointed Bernhard Manson-Kullin as a Project Manager responsible for Component Manufacturing effective 1 October.
African Association of Automotive Manufacturers to explore Cameroon's opportunities in the automotive industry
German Association of the Automotive Industry (VDA), the AAAM - African Association of Automotive Manufacturers visited automotive stakeholders in Cameroon to explore more opportunities and partnerships.
Woolpert aligns geospatial companies and resources to form Woolpert Africa
Woolpert has integrated the staff, resources and local experience of its two geospatial companies in Africa, Southern Mapping Company and AAM, to form Woolpert Africa.
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.
NASRDA Director emphasises the importance of PPP in promoting national development
Dr. Halilu Ahmad Shaba, has called for more public-private partnerships for effective implementation of the Nigerian space programme, as well as to enhance the capabilities of the Space Agency in service delivery.
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.
La Plateforme Industrielle d’Adetilope première zone industrielle certifiée ISO au Togo
La Plateforme Industrielle d’Adetilope du Togo (PIA) gérée par ARISE IIP, première zone industrielle certifiée ISO au Togo
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.
L’usine Bontaz Tunisie choisie par Volkswagen pour un projet révolutionnaire
Volkswagen, la marque de voiture représentée par Ennakl Automobiles en Tunisie, a choisi l’usine Bontaz pour son prochain projet.
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
Avis d'appel d'offres
Aménagement et bitumage de la route Ouesso- Pokola (47 km) avec la construction d'un pont de 616ml sur la Sangha.
Next Engineers programme launches in Johannesburg
General Electric (GE) in partnership with FHI360, PROTEC and the Gauteng Department of Education (GDE) officially launched the Next Engineers programme in Johannesburg to increase the diversity of young people in engineering.
[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.
[Rwanda] FBW Group to deliver $5 million Kigali school campus masterplan
Architecture and engineering firm FBW Group is working with the International School of Kigali (ISK) to create a 21st Century 'green' campus in the Rwandan capital.
APOC appoints Pete Allwood as Vice President, Business Development, EMEA
APOC has appointed industry specialist, Pete Allwood as Vice President, Business Development, to guide and focus its expansion programme throughout the EMEA region.
GE invests $2.5m to launch Next Engineers in Johannesburg, South Africa
General Electric (GE) announced a five-year, $2.5 million investment in Johannesburg, South Africa to launch Next Engineers, a global initiative focused on increasing the diversity of young people in engineering.
African Energy week maintains a strong position on the role of women in Africa’s energy transformation
African Energy Week will ensure women take up their rightful seat at the global energy table.
Quest Water and Aquatar™ Oasis partnership Sarl announce strategic partnership with Orange DRC S.A.
Quest Water, announced AQUAtap™ Oasis Partnership SARL has entered into a strategic partnership agreement with Orange DRC S.A. in the Democratic Republic of the Congo
Sungrow to implement Solar-Plus-Storage project at Egypt’s Sukari Gold Mine
Chinese inverter supplier has been selected by German developer to supply inverters and a storage system for the construction of a hybrid off-grid solar photovoltaic system and battery storage system in Egypt.
Thermal Dynamics International awarded new $2.2m contract in Africa
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.
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.
KBR awarded engineering contract for BUA's project in Nigeria
Science, technology and engineering solutions provider KBR, announced it has been awarded a contract to complete the Front-End Engineering Design (FEED) for BUA Group's new, modern refinery facility in Nigeria.
Swedish engineering company Sandvik to acquire South African screens and feeders manufacturer Kwatani
Sandvik signed a deal to acquire the South African based company Kwatani, the supplier of screens and feeders for the mining industry.
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.
Woolpert selected to provide topographic map of quarter of Nigeria for MinDiver project
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.
Gabon launches technical training hub to revolutionize skills for economic diversification
The Centre is equipped with high-tech teaching equipment with a capacity to accommodate 1,000 learners who will study in the fields of mechanical engineering and maintenance of agricultural construction machinery.
Acrow provides modular steel bridges to restore transportation lifelines in Mozambique
Acrow, an international bridge engineering and supply company, announced it has provided 26 modular steel bridges to the National Road Administration of Mozambique, to restore vital transportation routes damaged by cyclones in 2019.
Pan African Resources, juwi South Africa partner for construction of solar photovoltaic plant at Evander Mines
Pan African Resources has entered into an engineering, procurement and construction agreement with juwi South Africa to construct its 9.975MW solar photovoltaic plant at Evander Mines.
Elsewedy Electric signs new EPC contracts with Egyptian Electricity Transmission Company
Elsewedy Electric, wires & cables and Integrated energy solution provider in Middle East and Africa, announced its subsidiary Elsewedy Electric for Trading & Distribution, signed new EPC contracts with the Egyptian Electricity Transmission Company.
Asonha Energie, Sinohydro sign turnkey contract for development of hydroelectric dam in Gabon
Asonha Energie signed a turnkey contract with Chinese engineering and construction firm Sinohydro for the development of the 35-MW Kinguélé Aval hydroelectric dam in Gabon.
Construction work begins for new Ivory Coast Container Terminal
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
Eos Energy Storage expands battery deployments in Nigeria
Eos Energy Storage LLC, has announced an expansion of its partnership with Nayo Tropical Technology Ltd., a West African mini-grid engineering, procurement, and construction company.
East Africa-focused Shanta Gold announces New Luika plant capacity expansion
Shanta Gold, East Africa-focused gold producer announced the expansion of processing capacity at the New Luika Gold Mine (NLGM).
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
New Ivory Coast Container Terminal next phase of development commences
The China Harbour Engineering Company (CHEC), signed contracts for the construction of Abidjan’s second container terminal, known as Côte d’Ivoire Terminal (CIT), scheduled to be operational at the end of 2021.
[South Africa] Seven Sasolburg SMMEs selected for Sasol Business Accelerator programme
Sasol has selected seven small, medium and micro enterprises (SMMEs) from in and around Sasolburg in the Free State to take part in its newly launched 24-month Sasol Business Accelerator (SBA) programme.
Zinia Phase 2 project moves forward in Angola
Angolan service provider Sonamet has completed factory acceptance tests on all flowline structures for Total’s Zinia field Phase 2 development.
[South Africa] MPA, Motseng Women Investments acquire Mott Macdonald Africa
South African civil and structural engineering consulting firm, Malani Padayachee & Associates (MPA) and investment holding company, Motseng Women Investments announced the acquisition of 100% equity of Mott MacDonald Africa.
Subseatec secures subsea contracts in Africa and Asia
Norskeide Subseatec, a subsidiary of Scana ASA has been awarded a contract to supply subsea equipment for field development in Africa and Southeast Asia.
African Development Bank-funded training builds skills for economy of the future in Ghana, report
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life.
BESIX to build world-class marine facilities in Mozambique
BESIX, together with its partner Mota-Engil, will design and build all permanent marine facilities of the Mozambique LNG Gas Development Project.
Cranium Engineering deploys C-Kore units again in Nigeria
C-Kore Systems completed a successful campaign offshore Nigeria with VAYCO Oil tools and local Nigerian partner Cranium Engineering.
Josef Parzhuber joins Gates as President, EMEA region
Gates Corporation, a leading global provider of application-specific fluid power and power transmission solutions, announced that Josef Parzhuber has joined the organization as president, EMEA.
AfDB debars Tunisia's ETEP SA for fraudulent practices in Mali, Guinea
The African Development Bank (AfDB) has imposed a 13-month debarment on Entreprise de Travaux et d’Etudes de Projets (ETEP) SA, a civil engineering company registered in Tunisia, for engaging in sanctionable practices in Mali and Guinea.
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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
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[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