Year 6 | Edition 3 | 1 February 2019
 
Rendeavour, Lagos State Government launch new city in Nigeria

Africa's largest urban developer, Rendeavour, in partnership with the Lagos State Government, has broken ground on a new satellite city development in the Lekki Free Zone as part of a joint venture that boosts foreign direct investment in Nigeria and will create tens of thousands of jobs.

The project, Alaro City, is a mixed-income, city-scale development with industrial and logistics locations, complemented by offices, homes, schools, healthcare facilities, hotels, entertainment and 150 hectares (370 acres) of parks and open spaces...

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[Interview] Fabrice Nze-Bekale, Managing Partner, ACT Afrique, Senegal
Fabrice Nze-Bekale is an experienced investment banker with a working history in investment banking, telecoms and the mining & metals industries. He is currently the Managing Partner of the pan-African firm, ACt Afrique.

Could you introduce your company?

ACT Afrique (ACT) is a pan-African capital, advisory and communication firm headquartered in Dakar, Senegal. ACT’s service offerings include, amongst other things, strategic and operational advisory, investment banking, financial and commercial intermediation and transformative communication support...

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[Column] Fuad Siddiqui: Charting a new course for Africa’s economic prosperity

Imagine a world where the laws of business survival are being redefined and new competitive market models re-assembled with the advent of 4th industrial revolution. Emerging technologies are changing the way organisations shape their offerings and service new markets.

They are the muses of innovation and inspiration and the keys to unlocking the potential of business in Africa. It is time to build economic models that change industries and reshape the way we live, work and play...

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Government authorities in East and West Libya set to partner to develop one of North Africa's largest deep sea ports
Libya's government authorities in the East and West have come together and formally agreed to jointly support what will become one of North Africa's most highly-automated and largest deep-sea ports near the city of Susah in Libya, International investment firm, The Guidry Group has announced...

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[Column] Sachen Gudka: What Kenya needs to kick-start her economy

In 1965, a tiny country in Asia was expelled by its ‘Mother Country’. At its point of departure from the Federation of Malaysia, Singapore, a 580-square Kilometer Island, had no natural resources to speak of and no established industries.

Fast forward to 2016, Singapore was ranked 10th in the Top 10 richest economies by the IMF and number 3 last year, in the Global Competitiveness index. In just 54 years, Singapore has made a remarkable leap to become one of the most advanced economies in the world...

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[Interview] Pete Frielinghaus, Managing Director, Continuity East Africa, Kenya
Pete Frielinghaus is the Managing Director of ContinuityEastAfrica, a company whose key focus is in disaster recovery, business continuity and resilience.

He talked to Africa Business Communities about the company’s business model, the cybersecurity landscape in East Africa, the growing appetite for Business Continuity Management solutions and how the company is responding to these needs.

Tell us about ContinuityEastAfrica and your role in it

I am Managing Director of Continuity East Africa and I was tasked to establish this recovery site to serve the East African market in Business Continuity Management (BCM) and operational resilience...

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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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News Headlines

One million euros climate change project set for launching in Uganda 24-04-2019 | 13:55:43
A 1.07 million euros climate change project aimed at building resilience of agriculture landscapes in Eastern Uganda, is set to be launched in June following the completion of preparatory activities.


Skyway Aviation Handling Company lists on Nigerian Stock Exchange main board 24-04-2019 | 13:52:00
Skyway Aviation Handling Company Plc has listed 1,353,580,000 ordinary shares at The Nigerian Stock Exchange Main Board.


Air Mauritius receives new airbus aircraft from Air Lease Corporation 24-04-2019 | 11:45:48
Air Lease Corporation has announced the delivery of one new Airbus A330-900neo aircraft on long-term lease to Air Mauritius.


Andersen Global grows African foothold by partnering with Mulenga Mundashi Kasonde Legal Practitioners in Zambia 24-04-2019 | 08:42:58
Andersen Global has signed a collaboration agreement with Mulenga Mundashi Kasonde Legal Practitioners, MMKLP, a law firm in Zambia.


Ethiopian Airlines set to launch three weekly flights to Marseille 24-04-2019 | 06:47:00
Ethiopian Airlines says it has finalized all preparations to launch a thrice weekly flight to Marseille, France as of July 02, 2019.


Mauritius makes gains in bridging income inequalities among workers, report 24-04-2019 | 06:44:00
Lower-paid workers in Mauritius are to some extent catching up to their higher-paid counterparts over time, according to a new World Bank report.


Hyatt Hotels opens new property in Algeria 24-04-2019 | 06:36:00
Hyatt Hotels Corporation has opened the first Hyatt hotel in Algeria, Hyatt Regency Algiers Airport.


[Nigeria] NNPC to partner Red Cross Society on disaster management 23-04-2019 | 13:31:00
The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to partner with the Nigerian Red Cross Society towards developing the capacity of the corporation’s staff on disaster management.


NAS Uganda launches eco-friendly vehicles at Entebbe International Airport 23-04-2019 | 11:42:00
National Aviation Services (NAS) Uganda has joined the Civil Aviation Authority’s efforts to combat climate change and reduce greenhouse gas emissions by introducing electric forklifts and tractors into its operations.


African Legal Support Facility supports $200 million energy plant in Rwanda 23-04-2019 | 11:07:40
The African Legal Support Facility has provided advisory services support to the Government of Rwanda for the negotiation of its deal with Symbion Power to develop a $200-million-dollar energy plant in Rwanda.


KawiSafi raises $70 million from Acumen to invest in energy projects in East Africa 23-04-2019 | 10:40:00
Acumen, a non-profit organisation that invests philanthropic capital in companies and leaders tackling poverty, has announced an approximately $70m close of the for-profit fund, KawiSafi Ventures.


Sahara Group advocates for intra Africa solution for petroleum sector challenges 23-04-2019 | 10:32:00
Executive Director, Sahara Group, Wale Ajibade, has said collaboration between players in the oil sector would enhance the contribution of intra-Africa led solutions to addressing the sector’s trade.


[Egypt] NOMP, EGAS ink cooperation protocol to manufacture smart gas meters 23-04-2019 | 10:19:00
National Organization for Military Production (NOMP) and Egyptian Natural Gas Holding Company (EGAS) have partnered in the field of producing prepayment smart gas meters.


[South Africa] Mr Price to become first retailer to list on A2X 23-04-2019 | 10:19:00
Mr Price Group has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 2 May 2019.


[South Africa] Centbee raises £1 million from Ayre Ventures 23-04-2019 | 08:18:00
South African-based Bitcoin company, Centbee, has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures and CoinGeek.


 


 
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