Year 4 | Edition 12 | 5 July 2017
Kigali, Rwanda
 
Intra African trade could reach $400 billion with closure of information gap, Oramah
The size of intra-African trade could be doubled from the current level of about $170 billion per year to almost $400 billion by addressing the issue of availability of market information on the continent.

This according to Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank)...


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[Kenya] Safaricom conducting major upgrade on the MPESA platform
Safaricom will over the next three weeks conduct a major upgrade of the M-PESA platform. This becomes the third major upgrade since M-PESA’s launch ten years ago, and the first such upgrade since Safaricom migrated the platform to Kenya in 2015...


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[Column] Tony Elumelu: Demystifying African Business Myths

I was delighted to speak on the VIP panel alongside my big brother, Mo Ibrahim, at the ‘Promoting Business Growth in Africa Forum’ in London organised by Société Générale in partnership with The Telegraph.

Though the story line on Africa has progressed – it is no longer about “saving” Africa, but how best to promote investments in Africa – there is still work to be done to tackle inaccurate information about Africa that persists in mainstream media...



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Dangote Industries to get $1b Afreximbank Financing for Intra-African Trade
The African Export-Import Bank (Afreximbank) has in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited...


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[Interview] Marc Gellings, CEO Business1.com
Business1.com is the base of the international business-to-business 1.com-websites. Africa Business Communities is meeting with founder Marc Gellings.

Hello Marc, can you introduce Business1.com?

Business1.com is the global brand name of our international business-
to- business platform launched in 2016. The platform consists of 158 industry websites, all labelled 1.com; these include Food1.com, Cosmetics1.com, Fertilizer1.com. Our core proposition is offering our customers an online, easy to use solution to finding new leads and products...



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Youtap packages latest point of sale device as solution to mobile money processing in Africa
Youtap, a global provider of contactless mobile payments and financial services software, is offering its new X8 'micro' point of sale device as a packaged solution for mobile money and payment service providers...


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[Column] Frances Okosi: Brexit – The question for Intra Africa trade
Britain's exit from the EU has brought into question the benefits of intra-regional trade, with some commentators suggesting that it could sound a warning for Africa's regional integration project.

Advocates of Brexit pointed to a decline in Britain's trade with its EU partners as an indication that a focus on intra-EU trade is no longer a priority for Britain...


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ECOWAS should adopt a two-track approach to introduction of common currency - Former President Obasanjo
The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a common currency, with countries that are ready being allowed to go ahead with implementation initially, former Nigerian President Olusegun Obasanjo has proposed...


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Ethiopian Airlines inaugurates modern cargo terminal
Africa’s largest cargo operator, Ethiopian Airlines, has unveiled Cargo Terminal-II

Covering a total area of 150,000 m2 area of land, the new Cargo Terminal includes facilities such as Dry Cargo Terminal warehouse, Perishable Cargo Terminal with cool Chain Storage, fully automated with latest technology ETV (Elevating Transport Vehicle), G+2 office building...


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Senegal leads Global Innovation in Higher Education
After a highly selective and intensive 4-months preparation the first 20 talents of Fast-track Acquisition of Skills Training - in Technology,  Engineering, Entrepreneurship) are now ready to be immersed at leading enterprises in Senegal...



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Sage launches Sage One Payroll and Sage One Invoicing in Nigeria

Afreximbank announces global facility to bolster intra African trade

[Kenya] Fountain Technologies Ltd inks multi billion shillings business alliance with Ferri Group


 
[South Africa] Massmart supports local manufacturers through private label development

[Kenya] The Abraaj Group acquires Java House coffee chain from Emerging Capital Partners

Indian Ocean Islands, East African countries collaborate to enhance responsible fisheries practices

 
Souk At-tanmia builds capacity of 450 young entrepreneurs in Tunisia

[South Africa] Prof Daniel Plaatjies appointed Chairperson of the Financial and Fiscal Commission

Morocco secures $25 million loan from the Clean Technology Fund for hybrid solar project


 
[South Africa] 2U Inc closes acquisition of GetSmarter

Bolloré Logistics set up Airtel Tanzania warehouse

iWayAfrica Uganda appoints Godfrey Sserwamukoko new managing director
 
 
Report on Port & Intermodal Projects in West Africa
West African region, much like their easterly neighbours, is experiencing a surge in port development projects which will greatly expand, modernise and link shipping infrastructure across the region over the course of the next five years. With several multi-billion dollar projects already...


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Complimentary Report: Africa EPC Energy Projects – Challenges and Best Practices
Billions of dollars are being invested in EPC energy projects across Africa. The AfDB alone has recently unveiled a $12 billion electrification investment plan, in support of its ‘New Deal on Energy for Africa’ which envisages universal access to electricity for the whole continent by 2025...


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2nd Annual Call Center Conference Africa | 22-24 August 2017 | Nairobi, Kenya
There is a growing desire to digitise African contact centres in order to make them as competitive, cost-efficient and customer-centric as possible. These emerging centres are being designed to exceed the expectations of an increasingly digital African population, not to mention BPO customers from around the world...


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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 12,000 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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