Year 5 | Edition 9 | 9 March 2018
Nile Towers, Cairo, Egypt
Mastercard acquires Oltio to accelerate digital payments adoption in Africa and Middle East

Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard's longstanding relationship with Oltio, a startup that pioneered and patented several...

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African capital markets indicate recovery in 2017 with overall increase in value and volume of transactions, PWC
Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public offerings (IPOs) over the trailing five-year period...

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African broadband operators increase investment to meet soaring data demand
An urgent requirement for new investment into telecom and broadband infrastructure in Africa is driving a fresh flurry of mergers, acquisitions, IPOs, investment and financing activity...

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[Startup Interview] David Akara, Founder, Verhaal, Nigeria

Verhaal, a Nigerian startup has been working with SMEs and entrepreneurs in digital and social media marketing at a time when companies in the country are increasingly expressing appetite for new media advertising to reach a wider online community....

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Taking security over a South African bank account as a workable option for a foreign lender

Given the political and economic uncertainty in South Africa, foreign lenders are becoming increasingly focused on the type of security available in South Africa to secure their loan exposure when closing funding transactions with South African borrowers...

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[Column] Paul Williams: Collaboration, concerted drive could fast-track African digital transformation

Africa appears to be lagging the world by five or six years on average, with some countries as far as 12 years behind the rest of the world. Maturity varies across the continent. We see some countries challenged in digital transformation by...

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Port of Antwerp intensifies cooperation with coast of West Africa

Antwerp and Dakar port authorities are to collaborate more closely in the next few years. In this way Antwerp, the second-largest port in Europe, seeks to reinforce its historic position as leader on the coast of West Africa...

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Epsilon and WIOCC partner to deliver on-demand connectivity between Africa and the rest of the world

Epsilon, a privately owned global communications service provider, has partnered with Africa's carriers' carrier WIOCC to deploy its Infiny by Epsilon on-demand connectivity platform...

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[Column] Gilbert Saggia: The future of postal services - digital transformation driving new business models
rom the time the first state-run courier was established by Roman Emperor Augustus in the first century AD, global postal services have slowly evolved: the first postage stamps, for example, were only issued in 1840...

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DR Congo takes steps to integrate land governance concerns in agriculture

Senior officials from the Government, Ministry of Land Affairs, Ministry of Agriculture, and the national commission on land reform (CONAREF) along with the national alliance of traditional authorities have pledged to promote the integration...

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Xpress Money turns its attention to the changing remittance market in Africa

With the goal of growing in terms of presence and market share in Africa, Xpress Money , one of the most reliable money transfer brands in the world, has launched large expansion plans in the African market...

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OPIC commitments to power Africa hits $2.4 billion

The Overseas Private Investment Corporation says it has committed $2.4 billion to date to the U.S. Power Africa initiative to harness the resources of the private sector to bring more electricity to Africa...

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[Morocco] European Investment Bank invests €40 million in extension of second Rabat Sal tramway line

Amref Health Africa and GE Healthcare partner to strengthen healthcare systems in Africa

[Egypt] Banque du Caire selects Temenos 24 Core Banking in comprehensive technology upgrade

East African Development Bank inks $15 million credit deal with The Arab Bank for Economic Development in Africa

Globeleq, CDC and TCQ Power project break ground in Sierra Leone

Meditech Holdings South Africa expands solution offerings and data value with Commvault

Afreximbank ready to assist Egyptian business women expand into rest of Africa


Novonordisk Egypt awarded the best place to work in Egypt for 2018 by BTPW

IFC and Côte d’Ivoire lead public-private dialogue on opportunities to reduce energy gap with renewables

Madagascar receives $45 million from World Bank to promote financial inclusion of Individuals and small enterprises

OPIC commitments to power Africa hits $2.4 billion

Telecom Egypt’s profits increase to LE 3.15B in 2017

Nigeria’s first Marine Engineering Centre of Excellence takes off at Rivers State University

African Development Bank makes senior management appointments

Dangote donates N1.2b to first Business School in the Northern Nigeria, Bayero University, Kano


Angola embraces the enhanced security brought by EMV card payments with PURE solution

African Telecommunication Union and Huawei jointly release White Paper on Rural Coverage in Africa

[Nigeria] NNPC fast-tracks seven critical gas projects to boost power generation

Tigo Pesa to offer Masterpass QR in Tanzania

[Kenya] Truecaller opens Sub Saharan Africa office in Nairobi

eBook - The sub-Saharan African road construction and bitumen markets
Request your copy of Argus’ eBook that explores the sub-Saharan Africa road construction and bitumen markets. It offers an overview of the current environment, prospects for supplying bitumen to sub-Saharan African markets and the huge potential for growth in the region...

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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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Discover the consumption and flow of bitumen across West Africa
Download a series of West Africa maps that outline the consumption, transportation and movement of bitumen in and out of the region.

In this download, Argus experts share typical truck movements from west African ports to inland neighbouring locations, shipment routes and the estimated current annual bitumen consumption in selected West African countries...

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Join the pan-African LPG market at Argus Africa LPG 2018
Join regional and international decision-makers from across east, central and South Africa at Argus Africa LPG 2018, 14-15 March. This is the pan-African collaboration hub to unite and develop the LPG industry. The event also offers you a showcase of new storage facilities such as Walvis Bay...

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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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Ministry of Energy, Ghana, endorses Argus West Africa LPG 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 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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