The president of the AfDB and the president of the European Bank for Reconstruction and Development met during the Africa Investment Forum and discussed new avenues for cooperation between the two institutions.
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
Intelsat S.A., has announced that Vodacom Mozambique has signed an agreement for a satellite solution that will provide 3G services that uniquely satisfy the growing data demand generated by the tourism sector.
The African Export-Import Bank has signed an agreement granting an EUR 30 million revolving trade financing facility to CDC Gabon to support operations of the tenants of the Gabon Special Economic Zone.
Global Reporting Initiative has appointed Bekeme Olowola, Founderof CSR-in-Action in Nigeria, as a member of its Board of Directors, where she will be joining a leading caste of global sustainability professionals.
Ecobank and the International Federation of Red Cross and Red Crescent Societies (IFRC) have signed an agreement to work closely together to empower local communities to cope with disasters more efficiently.
A group of South African business people is in Germany on an Outward Selling Mission to seek sub-contracting opportunities from the German and European multinationals.
Nigeria’s property market continues to embrace technology to make the real estate sector more investable, increase liquidity and drive greater home ownership.
The African Financial Alliance on Climate Change (AFAC) unveiled its guiding principles at the recently concluded Africa Investment Forum.
The Overseas Private Investment Corporation (OPIC) and Africell Holdings Limited have signed a commitment letter for $100 million to expand access to telecommunications in Africa.
Kenyan innovation hub and tech accelerator iHub is partnering with Raise, a Bahamian and Kenyan technology company that has developed a company ownership platform to manage compliant digital securities in frontier markets.
The CEO of Petroleum & Petrochemicals, Mubadala Investment Company, Musabbeh Al Kaabi, and the CEO of Eni, Claudio Descalzi, have today signed an agreement for the sale of a 20% participating interest to Mubadala Petroleum.
Telkom Kenya has appointed Mr. Mugo Kibati as its new Chief Executive Officer.
IFC, a member of the World Bank Group, in partnership with the Government of Cameroon, and EDF have signed a set of agreements that will lead to the construction of the Nachtigal hydroelectric plant.
The World Bank has approved an International Development Association package of $20m to support Djibouti’s efforts to improve the living conditions for residents of urban areas, achieve its Zero Slum strategy.
The Arab Bank for Economic Development in Africa (BADEA) has acquired an equity stake in the Eastern and Southern African Trade and Development Bank, formerly known as PTA.
With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil” on the continent.
Azuri Technologies and APA Insurance have announced the launch of HospiCash, a low-cost micro-insurance product for Azuri solar power customers across Kenya.
African high-tech player Mara has announced the production of their newest product the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa.
Rockwell Automation has named Susana Gonzalez president of Europe, Middle East, and Africa (EMEA) region.