Year 4 | Edition 18 | 22 December 2017
Luanda, Angola
Domestic IPOs by African issuers increases for second year running - Baker McKenzie research
Capital raised in domestic listings by African issuers increased for the second year in a row, according to research in the latest Global Cross-Border Index from Baker McKenzie. While there were fewer domestic listings in Africa in 2017...

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[Column] Alex Nyingi: Equipping all youth to be future ready
In a world where innovation is driving rapid and profound technological change, one of the biggest challenges we face is to ensure that technology is an equalising force in the world...

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Top five business risks for West Africa in 2018 - Control Risks report
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going...

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ITFC supports Gambia’s Agriculture with $17.5m syndicated murabaha financing
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IDB) Group, signed on November 29, 2017 with the Government of The Gambia a syndicated Murabaha financing Agreement in an amount of US $ 17.5Million...

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[Interivew] Maria Morapedi, Director of eTree Courses, UK
eTree Courses is a one-stop shop e-learning platform offering quality educational and professional courses. eTree Courses was established having recognized the need to contribute to closing the knowledge and digital skills gap in Africa...

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Africa’s performance over the year 2017: A Q4 summary by ICAEW Economic Insight
East Africa is forecast to show very strong real GDP growth of 5.9% over the full year 2017. The biggest contributor to this expansion was Ethiopia (accounting for a full 2% of regional GDP growth), with its stellar performance of 7.1%...

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Plans for new hydropower dams in Eastern and Southern Africa could increase the risk of disruption to electricity supply, research

Hydropower dams planned for eastern and southern Africa could put electricity supply at risk for vast regions because they rely on the same rainfall patterns for electricity generation...

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Nigeria records N19.33trn e-payment transactions in Q3

A total volume of 213,693,964 transactions valued at N19.33 trillion was recorded in the third quarter (Q3) of 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed...

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Top five business risks for East Africa - Control Risks report
Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations operating in the country and East Africa more widely...

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African Guarantee Fund receives ‘AA-‘Fitch rating on strong business model and operational strategy
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) which assists financial institutions in Africa to scale up their SME financing through the provision of partial loan guarantees and capacity development...

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[Column] Nana Yaa Ofori-Atta: Ghana's big push to attract investment from Asia - Japan, Singapore, China - is well underway
At a breakfast meeting held in Accra on Friday, December 15th, 2017, the Minister of Finance, Ken Ofori-Atta, announced that "we are today examining the possibilities of arranging for a total of US$300...

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Ethiopia, Brazil and UNIDO in drive to boost Ethiopia’s coffee industry
Ethiopia’s Minister of Agriculture and Natural Resources, Eyasu Abreha, has met Brazil’s Vice-Minister of Agriculture, Livestock and Supply, Eumar Roberto Novack, to discuss cooperation in the areas of productivity...

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First residential units launched at Blue Amber luxury resort in Zanzibar

Phase one of the mixed use Blue Amber resort in Zanzibar was launched on November 30 2017. The aim of Pennyroyal, the long term investor, developer and manager of the luxury tropical development...

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[Algeria] Eni and Sonatrach strengthen cooperation in renewables

The Chairman and General Director of Sonatrach Abdelmoumen Ould Kaddour and the Chief Executive Officer of Eni Claudio Descalzi have signed in Aa Memorandum of Understanding for the development of a partnership...

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Copper dependent Zambia eyes growing market for cotton by products
About five dozen Zambian cotton farmers, ginners, oil crushers and government officials have drafted an action plan to boost the production of cotton by-products, such as briquettes and pellets for fuel made...

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Afreximbank and AGF agree to collaborate in supporting trade

Orange Egypt announces launch of digital learning initiative

Nigerian High Court grants Aiteo’s Benedict Peters global judgment in rem - declares earnings legitimate

Egypt can be frontrunner in African Trade - Afreximbank

[South Africa] Ascendis Health announces results of fully underwritten rights offer of R750m


[Algeria] Eni and Sonatrach strengthen cooperation in renewables

Humaniq opens access to its next generation infrastructure in African countries

International Islamic Trade Finance Corporation supports Cameroon's cotton industry with €100m

[Nigeria] Farmcrowdy closes on seed funding of $1m

Rwanda and World Bank sign $68 million grant to Improve Connectivity to Agricultural Markets Centers


EFG Hermes launches valU for Instalment sale services in the Egyptian market

ECOWAS, World Bank reiterate commitment towards regional integration

[South Africa] Fluor picked for construction management contract of Vopak fuel storage terminal in Durban

MainOne listed as Microsoft Azure ExpressRoute connectivity provider for Nigeria

Etihad Airways announces Casablanca as new Boeing 787 Dreamliner destination


[Nigeria] ProvidusBank launches World Elite Mastercard, first in Sub Saharan Africa

Ghana Export Promotion Authority unveils digital market hub

[South Africa] Alphamin Resources Corp lists on the Johannesburg Stock Exchange ALTX Board

[Kenya] Safaricom introduces voice biometrics to enhance customer experience

[Nigeria] Arik Air resumes Abuja - Calabar, Abuja - Uyo routes

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

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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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