Year 4 | Edition 4 | 17 March 2017
Africa Business Communities will come to Windhoek, Namibia, to meet with you... read more
 
[Kenya] Nairobi among leading African destinations on the Fortune 500 list, Infomineo report

The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 countries, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.



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Orange launches its brand in Burkina Faso strengthening West African foothold

Orange, one of the world’s leading telecommunications operators, has announced the launch of its brand in Burkina Faso. Less than one year after the closing of the Group’s acquisition of Airtel, together with...



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European Union and UNIDO to foster employment opportunities and economic growth in Sudan

Ambassador Jean-Michel Dumond, Head of Delegation of the European Union to Sudan (EU) and Khaled El Mekwad, Representative of the United Nations Industrial Development Organization (UNIDO), have signed an agreement to implement a project to foster employment...



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Bowmans advises on one of the first significant financing by a private equity credit fund in sub Saharan Africa

Pan-African law firm Bowmans recently advised Helios Credit Partners on a landmark transaction representing one of the first significant financing by a private credit fund in sub-Saharan Africa...



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[South Africa] Baker McKenzie legal expertise recognized in Chambers Global 2017

Ten lawyers from Baker McKenzie South Africa and nine of its practice areas have been recognised by international legal research organisation, Chambers & Partners in its 2017 Chambers Global Guide...



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Analysis of key sectors of Egypt: Business opportunities and trends

Egypt is one of the fastest growing and most promising economy in Africa. Egypt's high growth rate in recent years was driven by high international tourist inflow, growth in trade & logistics and ICT market. Egypt GDP is growing at a moderate rate of 4.3% in 2015...



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[Column] Bob Koigi: Rosey days ahead for Kenya flowers with the approval of direct flights to US

The recent upgrading of Jomo Kenyatta International Airport to Category A status which now approved non- stop flights between Kenya and United States is one of Kenya’s greatest landmarks...



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[Column] Dewald Nolte: Why South African banks hold the key to mobile payments
For the South African market to reach the critical mass that will drive the mainstream adoption of mobile payments, consumers need a system they can trust. This is arguably where local banks can – and should – play a pivotal role, says Dewald Nolte, SVP Partnership & Alliances, Entersekt...


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[Column] Debbie Goodman-Bhyat: Visible shift from expat to local for multinational leadership teams in Africa

Global multinationals throughout Africa are increasingly filling their top leadership teams with executives from the continent – a move away from the historical trend of appointing mostly expats to key positions...



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[Column] Korede Ologun: Nigeria’s Exchange Rate Policy - A Tale of Two Strings
Nigeria’s exchange rate policy has been a blessing to some and a burden to many. Nigerians that earn in foreign currencies have had more than a 200% increase in their purchasing power in the last 2 years...


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AgDevCo invests in Rwandan mushroom grower group

Social impact agribusiness investor AgDevCo has announced a $0.45m debt investment into a Rwandan mushroom grower. The company, Kigali Farms, is completing a modern button mushroom production facility in Musanze District in the shadow of the Volcanoes National Park...



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Niral Patel appointed Hitachi Data Systems General Manager for Sub Saharan Africa

Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd, has appointed Niral Patel as General Manager for sub-Saharan Africa, effective 1 March 2017...



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Africa industrial valves market to surpass $4 billion by 2021, research

Recovering oil & gas sector and growing focus towards industrial expansion by various countries in the region will drive demand for industrial valves in Africa through 2021.



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WorldRemit forays into Tanzanian market

Digital money transfer service WorldRemit has set up shop in Tanzania as it seeks to tap into the the growing demand for instant remittances to the country from over 4 million expatriates living abroad...



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South Africa’s insurer to acquire 75% equity in Nigeria’s UNIC Insurance

South Africa’s Liberty Holdings has announced that it will acquire a 75 percent stake in a Nigerian insurer, UNIC Insurance Plc, for 160 million rand ($12 million), an equivalent of N3.72billion...



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[South Africa] MobileData sees brighter future for e-commerce in 2017
ICT professionals admit that 2016 was a tough year, but those who are positioned at the edge of technology trends application are confident the tide is about to turn. Next year South African businesses should prepare themselves for a digital wave spearheaded by...


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[Kenya] Low seed volume and limited crop choices at local agrodealers threaten food security, study

 As Kenyans brace for another bout with drought, a new study released today finds local agrodealers could play a pivotal role in helping farmers adapt to climate change—yet their assistance is severely limited by a shortage of certified crop seed stocks and financing options...



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[Tanzania] Eight cities get World Bank support to scale-up and modernize infrastructure

Residents of eight rapidly urbanizing cities in Tanzania will benefit from funding to scale up infrastructure investments and promote growth, the World Bank Group announced today...



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Kenyans transact record $33b on mobile money in 2016
Kenyans moved a record 33 billion U.S. dollars on mobile money in 2016, up from 27.8 billion dollars from the previous year, the latest data from Central Bank of Kenya showed Monday...


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Botswana law firm, Desai Law Group, joins Africa Legal Network alliance
Desai Law Group (DLG), one of Botswana’s largest law firms, has today joined ALN, Africa’s foremost legal alliance, as its member firm in Botswana...


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[Column] Ehiedu Iweriebor: Africa challenges to Africa development

 

South Africa set to launch one stop shop to address regulatory inefficiencies

 

[South Africa] what3words builds sign-printing machine to address the unaddressed

 

[Rwanda] 60 youth led agribusiness projects set for $72,000 funding



 

[Kenya] Safaricom introduces real time price checks on MPESA

 

[Sudan] AfDB President visits Africa’s leading sugar factory

 

Kenyans transact record $33b on mobile money in 2016

 

MTN lists 2016 losses from Nigeria fine, forex


 

Nigerian app Sliide Airtime named Most Innovative Mobile App at GSMA Awards

 

SEFA commits US $1 million to energy access in The Gambia

 

Kenya Revenue Authority launches electronic cargo tracking system to tame evasion and leakages

 

Facebook's Chief Product Officer visits Ghana's Tech School


 

[Rwanda] Economy to remain buoyant in 2017, Central Bank

 

EgyptAir in new codeshare agreement with Etihad Airways

 

[Botswana] Liberty Life, Orange partnership allow customers pay policies via mobile money

 

K3 Telecom launches in Liberia


 

Boeing opens Kenya and South African offices

 

QNB Al-Ahli Bank to pioneer mVisa services in Egypt

 

[Sierra Leone] World Bank commits $4 million grant to the fisheries sector

 

[South Africa] Mark Bowmans appointed non-Executive Director of Mr Price Group

 
 
Africa Business Communities will come to meet with you in London, Gaborone and Windhoek

Africa Business Communities is developing several African business platforms and we are looking for partners. You will read all about this here.

Bas Vlugt, founder of Africa Business Communites, will be traveling to Africa coming April and May and this might be a great opportunity to meet and discuss business and partnerships...



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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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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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Do you want to advertise on our website and in this newsletter?
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
bas@africabusinesscommunities.com



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Africa CEO Network NEWS is a publication of Africa Business Communities
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Publisher/Editor in Chief: Bas Vlugt

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

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