Year 4 | Edition 16 | 2 November 2017
Nairobi, Kenya
African countries offer major investment opportunities to Belt and Road Initiative, Baker McKenzie report

China's Belt and Road Initiative (BRI) is stepping up a gear, with new BRI-related projects estimated to be worth US $350 billion over the next five years. This is according to a new report by Baker McKenzie and Silk Road Associates; Belt & Road: Opportunities & Risks...

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[Startup Interview] Tope Hassan, Founder, ISOKO Africa, Nigeria

Tope Hassan is known as an African Tourist, bootstrapping through African nations to discover African Brands & Entrepreneurs. She founded ISOKO Africa a year ago as a dedicated media outlet for African brands...

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Investors hiring expats in Africa must demonstrate importance of skills - Bowmans Law Firm

East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are...

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[Column] Magnus Nmonwu: Driving automation among small businesses can help meet Nigeria’s tax goals

Comments from the International Monetary Fund (IMF) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting automation among the country’s businesses, especially small, micro and medium-sized enterprises...

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African cities must adopt holistic approach to tourism growth, Mastercard Global Destinations Cities Index

Tourism has been a catalyst for economic growth in Africa. The sector is especially important now when governments are seeking out ways to drive diversification as part of their growth strategies...

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[Interview] Adisa Amanor-Wilks, Founder, Abjel Communications, UK

Adisa Amanor-Wilks is an international journalist and communications professional with over 17 years’ experience. She is founder of Abjel Communications, a media and public relations agency keen on positioning Africa on the global stage...

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Mastercard, FSD in joint drive to strengthen financial inclusion in Uganda

Multinational financial services corporation, Mastercard and Financial Sector Deepening, FSD, Uganda have entered into a memorandum of understanding with a goal of partnering to develop financial services and solutions...

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[Column] Bob Koigi: Flower industry redefines Kenya-Ethiopia market rivalry and supremacy wars

That Kenya is in protracted competition with Ethiopia to entice investors and maintain the lead as the East African regional powerhouse is an open secret. But recent happenings continually indicate that Kenya is losing this grip, and fast...

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Nigeria's excess oil revenue hits $36.6m daily

Nigeria's excess oil revenue has risen to N11.1 billion ($36.6 million) daily as the price of crude oil hits $60.44 per barrel in the international market. The nation's N7.4 trillion 2017 budget was based on $44.50 per barrel reference price and oil production of 2.3 million barrels per day...

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Investment funds already a reality in Angola

Investment funds are already available for investment in Angola. They are an excellent savings alternative instrument for the national market. Odell Global Investors (ODELL), as a pioneer and leader in the management of such funds, currently has...

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[Startup Interview] Tobi Oludayomi, CEO, Studio 14, UK, Nigeria

Tobi Oludayomi has for the last five years built from ground up, Studio 14 into a powerhouse that now works with high profiled clients across Western and the West African market...

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Assala Energy completes acquisition of Shell Gabon onshore assets for $628 million

Carlyle-backed Assala Energy has completed the acquisition of Shell’s onshore assets in Gabon, Africa, for a total of USD $628 million including an amount equivalent to interest. The sale was announced on 24 March 2017 with an economic date of 31 December 2015...

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[Column] Flora Mutahi: Women and Future of Work: Opportunities in the Fourth Industrial Revolution

The onset of new technological inventions is always underpinned by ambivalence at best, and at worst, fear and alarm. This is apparent in the ongoing global discourse on the Fourth Industrial Revolution, which is constantly punctuated by apprehension of job losses across...

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EFG Hermes Leasing partners with Philips Egypt to provide healthcare leasing solutions to SMEs and hospitals

EFG Hermes Leasing, the leasing arm of the financial services corporation in the Middle East and North Africa EFG Hermes, has signed a cooperation agreement with Philips Egypt to provide leasing solutions for healthcare professionals in private practice, start-ups...

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[Interview] Thomas Mueller, Founder, Rainmaker Digital, Namibia

Rainmaker Digital accelerates and improves the occupancy, revenue, reputation and earnings of hospitality and tourism providers in itinerary based destinations such as Namibia, Botswana, Zambia, Zimbabwe, South Africa etc...

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Pareteum expands to African market with mobile virtual network enabler agreement

Mobile cloud communications platform company Pareteum Corporation has signed a five year agreement with a leading telecommunications company in Sub-Saharan Africa to provide Pareteum's Managed Services Platform...

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Senegal set to boost export of cashews and mangoes

The two sectors combined account for only 2% of Senegal's total goods exports but provide income for more than 100,000 families in Casamance -- the country's southern region wedged between the Gambia and Guinea-Bissau-- where poverty rates are among the highest in the country...

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[Nigeria] Xceedia Media completes testing and launch of Hot Okro Radio

While making the announcement, Rotimi Ogunjobi , CEO of Xceedia Media said, " Hot Okro Radio is a non-partisan voice of the Nigerian Grassroots, hosting and  .broadcasting discussion on matters of critical interest to to the widest possible Nigerian  audience...

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[Ghana] Oil and gas sector records marked growth ten years on

South Africa set to launch the Invest SA One Stop Shop to incentivize investors

[South Africa] Hong Kong suspends import and sale of raw oysters harvested in Zwembesi Farms

REGAL-AG elevates investments in Kenya’s neglected zones

Africa Development Bank trains 129 young agripreneurs in Liberia


IMF approves one-year extension of Ghana aid program

[South Africa] PetroSA transforms Eastern Cape mud school into modern learning facility

[Nigeria] FirstBank drives capacity development, unveils career growth models for staff

[Nigeria] Union Bank receives SEC clearance on N50bn rights issue

[South Africa] End user spending on communication services will grow 0.7 percent in 2017, Gartner


[Lesotho] One Thousand & One Voices invests in SanLei aquaculture business

Pact and Microsoft expand fight against child labour in DR Congo mining

Baker Hughes awarded second major contract for Eni East Africa’s Coral South FLNG

[Kenya] Africa Logistics Properties signs ten year industrial lease with Freight Forwarders Group

Apex International Energy signs two concession agreements in Egypt


Apex International Energy signs two concession agreements in Egypt

Open Society Foundation launches South Africa Media Innovation Program to fund independent digital media

Nigerian National Petroleum Corporation urges indigenous companies to bid for 30 marginal oil fields

[South Africa] Parity implements Sage X3 Fast Start for Lutramart Oils in 21 days

MainOne canvasses local Internet traffic exchange within Africa

AfricaCom 2017 | 7-9 November | Cape Town | Register for free
Get your free AfricaCom visitor ticket and join the biggest gathering of Telecoms & Technology enthusiasts on the continent...

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[Conference] How Business can Tackle Deforestation

This debate-driven business conference is designed to provide delegates with the practical guidance necessary to build and implement effective zero deforestation commitments.

This event will bring together key players from business, government, NGOs and the investment community. We’ll discuss the challenges faced in removing deforestation from corporate supply chains and how to overcome them...

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African CEO's wanted for interviews!
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa...

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Argus West Africa Roads
The inaugural Argus West Africa Roads conference and exhibition will explore upcoming infrastructure projects and opportunities for doing business in the region.

Taking place in Accra, Ghana on 28 – 30 November 2017, join leaders in the asphalt, bitumen and road construction industries as they explore the main logistical, economical and supply challenges, and the best practices to do business and move ahead in the region...

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African Startups wanted for interviews!
Africa Business Communities is conducting a series of interviews with startup businesses in Africa...

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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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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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