Year 5 | Edition 5 | 31 January 2018
Paul Kagame, President of Rwanda
President of Rwanda, Paul Kagame, elected as new Chairperson of the African Union for 2018

The Assembly of Heads of State and Government of the African Union (AU) meeting at their 30th Ordinary Session at the AU Headquarters in Addis Ababa, Ethiopia, elected on 28th January 2018 a new bureau to pilot...

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[Ghana] Mobile money deposits hit GHC2.3b in 2017
The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana. The amount represents a growth of 84.6 percent...

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Startup Rensource raises $3.5m to take affordable renewable energy to more Nigerians

Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016...

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[Interview] Jorij Abraham, Managing Director, Ecommerce Foundation, The Netherlands
Jorij Abraham is an eCommerce generalist with more than 15 years experience in integrating marketing, business processes and information technology to build online turnover. He is currently the Managing Director of Ecommerce Foundation...

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Hapag-Lloyd connects Kenya and Tanzania to Middle East with weekly sailing service
Beginning in April, Hapag-Lloyd will offer a new weekly service between the Saudi Arabian port of Jeddah and the east coast of Africa. With the East Africa Service (EAS), the liner shipping company will be calling at the ports of Mombasa...

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Africar Group emerges the leading automotive classifieds in Sub-Sahara Africa

Africar Group, the very first car classifieds to emerge for Sub-Saharan Africa, has now grown to become the leading car classifieds marketplace in the region, with a vast coverage of 30 countries and reaching out to more than 600 million people...

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The Integer Group announces partnership with South Africa's Hot Spot
The Integer Group®, a commerce agency that lives at the Intersection of Branding and Selling® and a key member of Omnicom Group Inc., has announced a partnership with Sandton-based shopper marketing agency...

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Angola's Aenergy joins Afreximbank shareholding
Continuing the broadening of its shareholder base targeting African investors, the African Export-Import Bank (Afreximbank) has announced the coming on board of Angola-based pan-African conglomerate...

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[Column] Pierre Aurel: Gig Economy disrupts status quo, presenting an opportunity for Africa
Freelancing has found a new name in the digital era. A ‘Gig’ is simply a task performed as a once-off freelancing job, but because the trend towards freelancing has grown so significantly, a new economy has been born: the ‘Gig Economy’...

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[Tanzania] Armadale Capital begins exploration at the Mahenge Liandu graphite project

Armadale, the AIM quoted investment company focused on natural resource projects in Africa has announced that the exploration and development programme at the Mahenge Liandu Graphite Project in Tanzania  is now well underway for 2018...

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Total strikes deal to build Kenya’s Lamu crude oil pipeline

French firm Total SA has committed to invest in the Lokichar-Lamu pipeline, boosting Kenya’s efforts to develop its own oil fields and realize its ambition of joining the league of oil exporters...

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Etihad Airways expands services to Nigeria
Etihad Airways today reaffirmed its commitment to Nigeria with the announcement of two additional weekly flights on the popular Abu Dhabi–Lagos route, taking it to a daily service. The new Tuesday and Thursday services will start on 1 May 2018...

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AIIM-managed fund acquires a minority interest in Ghana's Amandi IPP power plant
African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure equity investment managers and a member of Old Mutual Alternative Investments (OMAI), today announces its acquisition of...

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[Nigeria] NPDC targets 500,000 barrels of crude oil per day production

The Nigerian Petroleum Development Company (NPDC), one of the upstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), will increase its daily crude oil production to 500,000 barrels per day before 2022...

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Propaco invests $5 million to support growth of African startups

[Egypt] Cairo Angels joins forces with EG Bank to launch the mint incubator

Oman Air appoints new General Sales Agent in South Africa

UN-African Union leaders sign Framework for Implementation of Agenda 2063 and 2030 Agenda for Sustainable Development

COMESA receives €7.1million grant from European Union to tackle climate change


President of Rwanda, Paul Kagame, elected as new Chairperson of the African Union for 2018

Egypt makes deal with China's BYD to get its first electric buses in Alexandria

Nigerian Federation owes NNPC N170.6b outstanding subsidy payments

IFC uses finance tool to unlock $500 million in housing finance in West Africa

[South Africa] Centbee, bitcoin wallet and merchant payment ecosystem, attracts funding from nChain


African Development Bank to reach 29.3 million Africans with electricity by 2020

Total strikes deal to build Kenya’s Lamu crude oil pipeline

JP Morgan announces expansion plans to Ghana and Kenya

[Nigeria] Aliko Dangote donates N1.2b structure for Business School in Bayero University

Yokogawa receives EPMS and SCADA order for Egypt's national gas grid


Ethiopian Airlines starts dedicated freighter service from Bahir-Dar to Europe to facilitate export of horticultural products

[Nigeria] Oando announces the appointment of Alhaji Bukar Aji as Non-Executive Director

[Burkina Faso] African Legal Support Facility trains WAEMU members in oil exploration and opportunities

[Kenya] Liquid Telecom and Strathmore Business School to drive Africa’s data revolution through new analytics center

Kenya Association of Manufacturers, Confederation of Danish Industry and Embassy of Denmark partner to promote waste management

Nigerian Well Intervention Highlighted at OWI WCA | Accra, March 7-8
As the largest producer in West Africa, Nigeria is quickly becoming a hotspot for well intervention activity. The Offshore Well Intervention Workshop (Accra, March 7-8) is delighted to be hosting several keynote speakers from Nigeria who will announce their next cycle of production enhancement, well integrity and P&A campaigns for 2018...

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3rd Underground Infrastructure and Deep Foundations Egypt Conference | Cairo, 22 February 2018
As Egypt embarks on a massive infrastructure expansion drive to stabilise and expand its economy, underground and deep foundations works represent an essential element of preparation, ensuring that the infrastructure delivered is entirely safe...

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Conference: How business can make smallholder supply chains resilient | London, 13-14 March 2018

We would like to make you aware of Innovation Forum’s How business can make smallholder supply chains resilient conference, taking place in London on the 13th& 14th of March 2018...

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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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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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Africa Business Communities is launching African Startup Platform - looking for partners
African startups have been on a meteoric rise, positioning themselves as key players in the African economies, boosting innovation, and businesses while creating employment.

Africa Business Communities has a fast growing African Startup LinkedIn group with over 8000 members. In our Africa Venture Capital and Private Equity LinkedIn group we have over 9000 members...

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

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

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