Year 4 | Edition 6 | 3 April 2017
Khartoum, Sudan
Nigeria achieves 26 per cent gas flaring reduction

The Nigerian National Petroleum Corporation (NNPC) says it has succeeded in reducing gas flaring in the Country by 26 percentage points in the last ten years from 36 per cent to 10 per cent, pushing Nigeria down from the second highest gas flaring nation in 2006 to the seventh position in 2016...

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WorldRemit to set up Nairobi office this year

Money transfer firm WorldRemit says that it will set up an office in Kenya this year as it seeks to diversify its business to intra-African remittances. Kenya counts as WorldRemit’s second largest receiving market after the Philippines. About 93 per cent of transfers to Kenya are received via mobile money accounts...

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Vodacom and PTC partner to bring ThingWorx to South Africa

Vodacom has partnered with PTC to launch a local version of the ThingWorx Internet of Things development platform. ThingWorx features a collection of IoT development tools and will allow Vodacom to service the country as it creates IoT solutions across a number of areas...

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Renewable energy has robust future in much of Africa, Berkeley study

As Africa gears up for a tripling of electricity demand by 2030, a new Berkeley study maps out a viable strategy for developing wind and solar power while simultaneously reducing the continent’s reliance on fossil fuels and lowering power plant construction costs...

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The $1 billion agro-industrial facility set to revolutionize Ghana

Ghana is set to benefit from a $1 billion agro-industrial facility for the production of fertilizer. The project would be constructed in the Volta Region...

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[South Africa] Vodacom partners with PTC to launch Internet of Things application platform

Vodacom has taken a significant step to further expand its Internet of Things (IoT) offering by partnering with global technology solution provider PTC, a recognised leader in Industrial IoT, augmented reality and connected solutions...

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East African entrepreneurs to benefit from $100 million European Investment Bank investment

The European Investment Bank has signed two new credit lines for East-Africa for a total of approximately $100 million to be made available through Equity Bank and HFC Limited to support smaller local projects in Kenya, Tanzania, DRC and Uganda...

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Ecobank affiliate bets on Intelsat platform to strengthen corporate banking in Africa
Intelsat S.A, operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced today that eProcess International SA, an affiliate of pan-African banking conglomerate Ecobank Group, has signed an agreement to use... 

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[Namibia] NamPower renews agreement with Eskom

Namibia electricity company NamPower has signed a new five-year power supply agreement with South Africa's Eskom...

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[Ethiopia] Omo Kuraz-II sugar plant commences trial production

Omo Kuraz-II, one of the four sugar factories being built under Omo Kuraz sugar development projects, has begun trial  production this month...

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Nigeria to showcase maritime potential in Norway

Poised to attract foreign investors into the nation’s shipping sector, The Nigerian Maritime Administration and Safety Agency (NIMASA) has unveiled its plans to showcase the huge potential of the Nigerian maritime sector at...

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[Interview] Maria Auma, CEO, Blue Luxury Investments, Uganda

Maria Auma is a Ugandan entrepreneur and investment specialist. Her company, Blue Luxury Investments, specializes in connecting investors with viable businesses...

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Guinea Insurance targets 80 per cent coverage for Nigerians by 2021

The Chairman of Guinea Insurance Plc, Mr Godson Ugochukwu, says the company is targeting to bring 80 per cent of Nigerians under insurance cover by 2021...

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[Column] Bob Koigi: Smallholder irrigation a key panacea to Africa’s perennial food shortage

Farmers in Africa can create a trillion-dollar food market by 2030 if they expanded their access to more capital, better technology, irrigated land and grow high-value nutritious foods according to a very insightful World Bank report dubbed Growing Africa: Unlocking the Potential of Agribusiness report in Africa...

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Increased Infrastructure, Labour-Intensive Manufacturing Key to Africa’s Industrial Competitiveness - Afreximbank President

Africa should focus on developing labour-intensive industries and providing effective logistics and transport infrastructure from factories to ports in order  to become a globally competitive industrial player, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said in Geneva...

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The Global Gig Economy and its Implications for African Digital Workers - Professor Mark Graham
Oxford professor Mark Graham, addressing the 4th UNI Africa Conference in Dakar, Senegal, warned of the danger of ‘parasitic capitalism’ where digital companies give little back to the places where they are embedded and platform workers are left to fend for themselves...

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New off grid energy technology promises job opportunities for rural Kenyans


[Kenya] Total completes acquisition of Gulf Africa assets


250,000 African merchants will be financially empowered by Masterpass QR


Telecom Egypt appoints Ahmed El Beheiry as new CEO


Surf and Facebook launch wifi hotspots in Kenya


[Angola] IMF welcomes restructuring of Angola Savings and Credit Bank


Rwanda railway line to delay until 2030 on Ugandan delay


[Nigeria] Africa Finance Corporation Delivers Strong Financial and Operational Growth in 2016


Amani Abou-Zeid elected AU Commissioner for Infrastructure and Energy


[South Africa] Law Firm Baker McKenzie expands tax capabilities in Africa


Safaricom cuts Lipa Na MPESA tariffs by half, announces MPESA App


China Railway Group to open subsidiary in Tunisia


[Ghana] West Africa Gas acquires two LPG vessels to diversify operations


Uganda in aggressive campaign to grow tourism numbers to four million by 2020


[Egypt] Almosafer unveils flight-booking


[Nigeria] Dangote Buys Largest Crane in Africa From China


[South Africa] Sanlam set to increase shareholding in Zimnat


[Tanzania] YARA announces $36 million investment in Dar port to improve supply of fertilizer


Ghana loses $50m to cyber crime, report


[South Africa] Cirrus licensed as a Financial Services Provider


[Nigeria] Dr. Joseph Nnanna appointed as Chairman of Africa Finance Corporation


President Adesina leads AfDB mission to India ahead of 2017 Annual Meetings in Ahmedabad


Global-IP Brings Sales Team On Board to Serve its African Markets


South Sudan Becomes Latest Afreximbank Participating State


Simplestream Powers Global Urban & Music Entertainment Service in Africa

Results Based Balanced Scorecard Certification Master Class in Nigeria, Ghana, Kenya, Ethiopia and South Africa

Citizens of the world are increasingly demanding that their governments demonstrate results. The introduction of performance management as a reform output was in response to increasing calls for governments to improve accountability and demonstrate value for money...

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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 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

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Publisher/Editor in Chief: Bas Vlugt

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

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