Year 4 | Edition 3 | 17 February 2017
Hilton Hotel, Douala, Cameroon
44 per cent in Sub-Saharan Africa survey say mobile data speeds will determine their next purchase

Telecoms specialist adviser Analysys Mason has completed its annual series of Connected Consumer surveys analysing mobile customer behaviour in Sub-Saharan Africa (SSA) looking at: purchasing criteria when changing mobile plans; the impact of data pricing and network coverage on customer satisfaction; and the adoption of OTT services such as WhatsApp...

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[Togo] Asky Airlines targets Johannesburg and Paris routes

West African carrier Asky Airlines plans to extend its route network to Paris and Johannesburg as the airline part-owned by Ethiopian Airlines seeks to increase passenger numbers and revenue...

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[Interview] Korede Ologun, Head, Research & Advisory, Helix Securities, Nigeria

Helix Securities Limited (HSL) is a specialized Investment Company in the business of Securities Trading (equities and fixed income), Portfolio Management, and Financial Advisory. HSL is a dealing member of the Nigerian Stock Exchange (NSE) and registered by the Securities & Exchange Commission (SEC) as a broker...

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Global economic uncertainty and political upheaval take toll on African capital markets, PwC report

2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections cycle and the Brexit vote...

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[Interview] Kayode Olusola Lawal, CEO, Associate Box

Associate Box is a freelance services marketplace for Africa’s best techies. We establish connections between vibrant, ambitious entrepreneurs and skilled professional techies in Africa who are e always on the lookout for a revolutionary project and ultimately...

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[Nigeria] Mobolaji Lawal appointed Executive Director of Guaranty Trust Bank plc

The Board of Directors of foremost African financial institution; Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director of the Bank. Prior to his appointment, he was the Divisional Head, Digital Banking Division...

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Kenya Association of Manufacturers and Kenya Power address power supply hitches via Whatsapp

The Kenya umbrella body for manufacturers, Kenya Association of Manufacturers, is working with power utility company Kenya Power in addressing power supply, a key component for manufacturers...

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[Column] Ndiritu Muriithi: The vital role of SMEs in job creation and economic growth

Contrary to popular thinking, the informal sector in Kenya, commonly known as jua kali employs more people than the formal sector...

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East African youth embrace agriculture as a side hustle, survey

Millennials in East Africa are turning to Agriculture as a side business, a majority have attempted to turn their side hustle into their main focus borrowing starting capital from banks and relatives...

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[South Africa] GE announces partnership with Transnet to digitise African transport

GE Transport and Transnet, South African-based freight logistics chain have entered a digital  partnership to seamlessly connect shippers and transport operators in streamlining pricing and capacity on the network, shipment planning, fuel costs savings and delivering goods to the market more effectively...

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[Column] Jens Ischebeck: The potential for mobile learning in Ivory Coast
M-learning enables mobile phone users to access online courses (including free courses such as MOOC) and gain qualifications remotely via their smartphones. With many experts hailing mobile based learning as the educational technology (edtech) of the future, it falls to us to ask: what are its implications for the Ivory Coast?...

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[Kenya] African entrepreneurs to learn management best practices from the Japan International Cooperation Agency

The Africa Finance & Investment Forum (AFIF) will partner with the Japan International Cooperation Agency (JICA) for the first time on the occasion of the 11th edition of the Forum, taking place in Nairobi...

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[Nigeria] Government takes over Arik Airlines to avert crisis

The Nigerian government announced a lifeline to financially distressed Arik Airlines to continue.

The management of the Asset Management Corporation of Nigeria (AMCON) said the decision to intervene clearly underscores the government's commitment to instill sanity in the country's aviation...

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Africa Business Portal announces addition of marketing offices across U.S

Imagine…experienced advisors, collaborators, investors, training opportunities and essential trade resources all in one place. In addition to its Phoenix home office, Africa Business Portal, ABP, will now have a local marketing presence in Washington DC, Delaware, Chicago, Arkansas, Louisiana, Dallas, and Denver...

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[Kenya] Ecobank bets on technology to grow customer numbers tenfold by 2020

The launch of a new mobile banking application in Kenya by Pan Africa group Ecobank Transnational is its latest attempt at courting technology to grow its customer base from the current 10 million to 100 million in 2020.

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[Column] Duncan Mutembani: Steps to great business leadership in Africa
Despite some tough challenges, sub-Saharan Africa should see growth of 2.9% this year and 3.8% in 2018, according to a report by the World Bank.  As the economy expands, businesses grow and the demand for excellence in business leadership increases...

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Improving conditions for people and businesses in Africa cities key to growth, report

Africa’s cities are growing in population, adding the size of another Nigeria to cities by 2025, so have a critical role to play in their countries’ economic growth, says a new World Bank report...

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[Uganda] World Bank launches economic update with focus on financial access
The World Bank has launched its new Economic Update for Uganda, titled “Step by step - Let’s solve the finance puzzle to accelerate growth and shared prosperity”. It shows the country has made great strides in expanding the financial sector with more...

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Air Namibia partners with Turkish Airlines to boost Africa air travel

Turkish Airlines and Air Namibia have signed a codeshare agreement giving a boost to the African air travel. The deal will come into effect from 1 March 2017...

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South Africa open to digital currency

The South African Reserve Bank (Sarb) is open to issuing a national digital currency, which would likely be based on Blockchain or Distributed Ledger Technology (DLT)...

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The Africa CEO Forum puts female leadership in Africa as focus of its debate
The 2017 AFRICA CEO FORUM, the biggest international African private sector gathering, will host over 1,000 African and international personalities and key African industrial, financial and political decision-makers, including around 200 female business leaders from 43 African countries...

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[Senegal] M-money company Wari buys Millicom for $129m
Senegalese mobile money company Wari is to buy Millicom’s Tigo mobile business in the country for $129 million.

The transaction, which will need regulatory approval, comes only nine months after Millicom was rumoured to be about to sell the operation to Orange...

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[Nigeria] NNPC to implement BUFA, a framework aimed at efficiency, profitability

The Nigerian National Petroleum Corporation is set to implement a lead policy framework, the 12 Business Focus Areas (BUFA), aimed at institutionalizing efficiency, profitability and growth in the Corporation...

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IBM launches $70 million initiative to boost Africa’s digital skills

Multinational technology company IBM is investing $70 million in building much-needed digital, cloud, and cognitive IT skills to help support a 21st century workforce in Africa...

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[South Africa] Alphology goes global by creating 2000 new jobs

Alphology, a new South African company, has finally come up with a solution to help fight unemployment.

The company is currently experiencing a need to raise funds to create new and exciting jobs for the poor unemployed youths, women and graduates...

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Renault Kenya unveils Kadjar and Duster SUV models


Kenya floats 12 year bond to fund infrastructure


Zambia modern bus station project receives $620,000 boost from Germany


[Kenya] Octagon Africa and AAR insurance launch medical cover for pensioners


Kenya Revenue Authority set for system upgrade to curb tax evasion


[Nigeria] Access Bank’s Centralised Operations Group Constructs Hostel for Visually Impaired Persons


[Nigeria] Abia State Governor Seeks Afreximbank's Support for Industrialization Effort


[Nigeria] NNPC to implement BUFA, a framework aimed at efficiency, profitability


[Kenya] Banks get backing to launch own mobile cash transfer


[Senegal] M-money company Wari buys Millicom for $129m


[Kenya] Housing Finance targets prospective home owners with low interest mortgages


Africa Business Portal announces addition of marketing offices across U.S


Ethiopia set to receive $250 million loan from China after parliamentary approval


[Ghana] Uche Ofodile named Express Wifi Africa Regional Head by Facebook


[Kenya] Safaricom launches publication on safe use of telecommunication equipment


[Nigeria] Silvertree acquires TopCheck, forming Africa’s largest price comparison group


[Kenya] Nakumatt bets on new warehouse management system to bolster supply chain efficiencies


Turkish based Mota-Engil to build Tanzania’s $1 billion rail system


Kenya Association of Manufacturers launches Business Growth Program with eyes on growing SMEs


[Ghana] Olam becomes first West African biscuit manufacturer to earn international food safety standard

2017 IEEE PES PowerAfrica Conference | 27-30 June Accra, Ghana

Meet researchers, executives, industry leaders, regulators, investors, and participants from ICT, energy, power & utility industries

Welcome to the 2017 IEEE PES PowerAfrica Conference coming to Accra, Ghana, June 27-30, 2017. IEEE Power and Energy Society (PES) offers this premier international forum on advances...

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Africa Business Portal Network Membership | Offer for Africa Business Communities members
Are you an African company looking to trade with U.S. Companies, import U.S. goods or attract U.S. investors?

Or are you a U.S. company interested in exporting, expanding or investing in Africa?...

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AFRIKA KOMMT! 2016-2018 Fellowship Program is open for applications
AFRIKA KOMMT! is an initiative of leading German enterprises for future leaders from Sub-Saharan Africa. The fellowship program aims at highly qualified young professionals and junior executives from countries in Sub-Saharan Africa with several years of work experience...

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Africa Business Communities is looking for Partners for our Kenya Platform

Africa Business Communities is welcoming partners to help us develop some more than interesting new activities.

In addition to our Africa Business Communities website we will launch several spin-off websites, that can be either country platforms, industry related platforms or a combination of the two...

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Join any of our 180 Africa LinkedIn Groups

Africa Business Communities manages 180 LinkedIn Groups. These groups cover every country and every industry on the continent.

Please feel free to join any of these groups and be part of the African conversation...

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Advertising in this newsletter makes you reach over 10,000 C-level Executives, General Managers and Company Owners operating in Africa.

Publishing your content in our LinkedIn groups will give you access to over 1 million top business professionals like yourself.

If you think this might be interesting to your company or organization, just drop me a line...

Bas Vlugt
Founder Africa CEO Network

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Publisher/Editor in Chief: Bas Vlugt

Editors: Linda Larbie, Afia Owusu-Nyantakyi, Andrea Ayemoba

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