Year 5 | Edition 12 | 11 May 2018
 
[Kenya Business Week] Heavy rains take a toll on economy, key sectors register mixed fortunes

Kenya, like the rest of East Africa, continues to experience heavy rainfall that has claimed lives, displaced hundreds of thousands of residents and taken a toll on key economic sectors, in one of the most catastrophic deluges to have taken place in the recent past.

But it has equally been raining good news in the East African powerhouse this week...



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Kenya Bankers Association partners with tech companies to champion online safety campaign

The Kenya Bankers Association (KBA) has partnered with financial service providers to create awareness on safety measures in conducting transactions while using ATM cards, mobile phones, and online platforms...



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[Column] Bob Koigi: Protectionism is the greatest threat to free trade in Africa

The recent decision by Nigeria not to put pen to paper on African Continental Free Trade Area, a continental trade pact that is set to revolutionize how African countries trade with each other, caught everyone by surprise...



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Climate change propels growth in green bonds

Although the green bond market is still in its infancy, accounting for less than 0.5% of the global bond market according to Moody’s, it is experiencing strong growth and increased popularity – especially in emerging markets most at risk of climate change...



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Alexander Nwuba appointed African CEO for Palewater Advisory Group

Palewater Advisory Group Inc., a multinational corporate finance and public affairs advisory firm with headquarters in New York, has appointed Alexander Nwuba as CEO for its Africa operations...



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[Congo] Africa Palm Corp partners with Ngalipomi to grow regional foothold

African Palm Corp. has signed an agreement with representatives of Ngalipomi, a local group from the Congo giving the company access to an additional three million hectares of palm trees in West Africa...



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Perpetual Communications and Annecto in new deal to expand telecom business in Nigeria

Annecto Telecom, a global VoIP network operator and carrier-grade service infrastructure provider, and Perpetual Communications Limited, a telecommunications company in Nigeria have announced that PCL has...



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[Algeria] Sonatrach picks Honeywell technologies to meet rising demand for cleaner- burning fuels

Algeria’s largest oil company Sonatrach has picked technologies from Honeywell UOP to expand the Skikda Refinery on the eastern Mediterranean coast of Algeria...



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American Tower Corporation acquires 723 communication towers from Telkom Kenya

Integrated telecommunications service provider, Telkom Kenya (TKL) and global tower company, American Tower Corporation (ATC) have announced that they have reached a definitive agreement for ATC to acquire up to 723 towers from TKL in Kenya...



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ABB and Heliospectra AB in technology collaboration to explore innovative ways of increasing commercial food production in Africa

ABB, a pioneering technology leader in electrification, robotics and motion, industrial automation and renewables and Heliospectra AB, a world player in intelligent lighting technology for greenhouse and controlled...



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[Column] Tracy Bolton: South Africa SMEs staring at heavy penalties for poor customer data management processes

On 25 May this year, a new piece of legislation comes into effect in Europe that could have severe consequences for non-compliant South African businesses...



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[Column] NJ Ayuk: Congo and OPEC - A marriage of mutual need

The Republic of the Congo has suffered dearly during the oil collapse; and Congolese President Denis Nguesso has pledged that the country would no longer be sitting on the side lines, suffering the effects...



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Toshiba and RentCo sign agreement to expand geothermal power generation business in Sub Saharan Africa

Toshiba Energy Systems & Solutions Corporation, a global player in geothermal power generation systems, has concluded a General Cooperation Agreement with RentCo East Africa Limited (RentCo)...



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MTN Group adds 4.1m new subscribers in Q1

MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East. That represents a 1.9 percent increase quarter-on-quarter...



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[Column] Ricardo Flores: Botswana poised for cloud growth
Botswana is ideally poised to benefit from the opportunities that cloud computing provides with internet penetration hovering at approximately 28 percent and the number of mobile subscribers showing more than 2,000 percent growth from 2000 to 2011...


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Kenya becomes latest member of Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank’s Board of Governors has approved Kenya to join the bank as a non regional prospective member bringing the China- led infrastructure bank’s membership to 86...



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[South Africa] Warwick acquires Cadiz to grow asset base by over $2 billion

Johannesburg Stock Exchange-listed Stellar Capital Partners and Warwick have announced the sale of the asset management business of Cadiz...



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Angola set to export coffee to US after a 40-year hiatus

Cazengo Coffee has announced the return of coffee from Angola to US, marking the first US import of Angolan coffee in over 40 years. "American coffee lovers can now order Angola's exotic...



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[South Africa] British Airways to introduce weekly flights to Durban

[Kenya] Amdocs to support Safaricom’s launch of new digital services to improve customer experience

Satadsl, Global Telesat and Rascomstar set to introduce low cost satellite broadband connectivity across Africa



 

[South Africa] Libstar Holdings Limited lists on the Johannesburg Stock Exchange

One Thousand & One Voices invests in online education company Higher Ed Partners South Africa

TriLinc Global Impact Fund approves $4million credit facility for companies operating in Sub Saharan Africa


 

Angola Cables announces completion of 10,000 kilometers Monet submarine cable system

[Namibia] Paratus Africa selects Mapcom software solutions to expand its broadband network

[Morocco] International Islamic Trade Finance Corporation extends partnership with Banque Centrale Populaire to support Africa- Arab countries trade

 

Marathon Oil signs agreement to process third party volumes through existing Equatorial Guinea infrastructure

[Africa CEO Forum] Is Africa ready for working in the cloud?

Emergency services alert App wins Miss Geek Africa 2018


 

Paxful expands Africa investment with launch of Nigerian Blockchain Incubator Hub

Liquid Telecom and China Telecom Global in partnership to accelerate network collaboration between Africa and Asia

Rwanda almost achieves nationwide 4G LTE network coverage

 
 
Africa Trade and Investment Global Summit 2018
Organized by GAA Exhibitions & Conferences, the 2018 ATIGS edition will gather key economic players from more than 70 countries including government delegations, high-profile African leaders, project developers and international investors on June 24, 25 and 26, 2018 in Washington, DC...


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African Startups wanted for Tech Platform

Africa Business Communities is lauching a Tech Platform and is looking for African Startups for: Interviews. This is a great opportunity. You will have your interview on our platform and 1.5 million business professionals both inside and outside Africa connected to us will be able to read it...



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[Free Webinar] Learn how to boost your negotiation and leadership skills in Singapore

Ranked top 50 worldwide and top 10 in Alumni Salary Increase, the SMU Master of Business Administration (MBA) an accelerated programme for those with 2 to 10 years of work experience...



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[Free Webinar] Become a first-rate Chartered Financial Analyst

The NEOMA Business School MSc Finance is a 360° programme, fully taught in English that prepares future professionals for a career in financial analysis and asset management...



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Complimentary map: Airport project opportunities in Africa

Air traffic across Africa is expected to soar over the next 20 years to over 300 million passengers, which is great news for African economies - so long as they have the infrastructure to sustain it...



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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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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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