News
Afreximbank supports Egypt's establishment of Export Risk Guarantee Company
"Egypt’s decision to establish an export risk guarantee company will allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement."
[Nigeria] NNPC secures $1.16m grant for 1,350MW Abuja power plant
The Nigerian National Petroleum Corporation and the United States Trade and Development Agency have concluded arrangements to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project.
SAP invests in South African youth through its Skills for Africa Initiative
SAP has announced the launch of its first Dual Study Program on South African soil.
[Angola] Government provides 50 tractors for agricultural mechanization
Twenty tractors, out of 50 made available by the Government of Huambo province in Angola, have been distributed to two operators as a way to stimulate mechanized agricultural production.
Venture Capital for Africa launches online training programme for Africa’s business angels
10 free training modules boost ability of participants to become high-powered mentors and savvy business angels; Mentor-Driven Capital has a critical role to play in supporting Africa’s entrepreneurs.
Whole foods market predicts top 10 food trends for 2020
Whole Foods Market’s global buyers and experts revealed the most anticipated and innovative food trends for 2020 in the retailer’s fifth annual trends predictions announcement.
Huawei Cloud launches Elastic Cloud Server services across Africa
Huawei Cloud has released Kunpeng ECS (Elastic Cloud Server) cloud services and Partner Program 2.0. The Kunpeng-powered cloud services will be made available to African customers by the end of December 2019.
[Zambia] Zazu to launch Mastercard prepaid cards linked to its mobile wallet
In a market first, fintech company Zazu Africa Limited has announced a partnership with Mastercard to issue prepaid cards linked to the Zazu app in a move that will help to reduce cash dependence and increase financial inclusion in Zambia.
Seedlink partners with Water Powered Technologies to introduce zero carbon irrigation to African farmers
Seedlink and UK water pump manufacturer, Water Powered Technologies Ltd, are joining forces in a zero carbon irrigation partnership to help Africa's farmers pump and store water.
[Kenya] KETRACTO digitizes procurement processes with SAP Ariba Cloud
In a bid to improve its operations and in compliance with presidential directive and government requirements, Kenya Electricity Transmission Company Limited, KETRACO, has digitized its procurement processes.
Angola government launches coffee culture revitalization programme
Angola’s Minister of Agriculture and Forests, António de Assis, has, in the municipality of Mungo (Huambo), launched the Program of Revitalization of Arabica Coffee Culture in the family sector.
Greenlight Planet partners with Orange to provide African customers with clean energy solutions
Greenlight Planet and Orange have partnered to provide Orange’s customers with access to clean energy solutions in several African countries.
Global precision irrigation market rises on governments subsidies, tech adoption, study
The global precision irrigation systems market is estimated to register a CAGR of 12.8 per cent between 2019-2024 according to a study by Research and Markets.
New report highlights need for gender equality to achieve agricultural growth goals in Africa
Many African governments have committed to promoting inclusive agricultural growth in recent years, but their efforts often neglect the key role played by gender, according to a new report.
US invests $63 million in digital solutions to modernize Ethiopia’s health system
The United States, through USAID in partnership with the Ministry of Health have announced the launch of the new USAID Digital Health Activity to continue investments in digital information solutions.
[Kenya] Equity Bank nets Ksh.100 billion of diaspora remittances
Equity Group's diaspora remittance volumes hit Sh100 billion in the nine months to September, helping boost the lender's forex trading income to Sh. 2.84 billion in the period.
Farm Africa launches project targeting 130,000 forest coffee producers in Ethiopia
Farm Africa has launched a new project to help more than 130,000 forest coffee producers in Ethiopia’s Oromia regional state improve their livelihoods by increasing the sustainable production of high-quality coffee.
AATF and IRRI partner to bring hybrid rice and sustainable technologies to African smallholder farmers
The International Rice Research Institute and the African Agricultural Technology Foundation recently signed a 4-year partnership agreement to help African smallholder farmers increase their productivity.
[South Africa] DBSA, ENH join forces to grow region’s new gas market
The DBSA and Mozambique’s national oil and gas company, Empresa Nacional De Hidrocarbonetos (ENH), will host a ministerial dinner to discuss ways of unlocking the economic and social development of the region’s gas sector.
[South Africa] AlphaCode invests in diabetes health and insurtech innovator, Guidepost
Rand Merchant Investments, through its fintech investment arm, AlphaCode, has taken a 25.1% stake in Guidepost, a high-touch diabetes health and insurtech innovator that is poised for international expansion.
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