Year 6 | Edition 10 | 1 April 2019
 
[Nigeria] Shell, UBA sign $200m contractor support fund
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This latest move brings the fund size to $2.4 billion...

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Emirates increases flights to Cairo Egypt to meet rising demand

Emirates has announced it will increase the frequency of flights between Dubai and Cairo, adding four additional flights a week to its existing thrice-daily service, starting 28 October, 2019.

The four new flights operating on Monday, Wednesday, Thursday and Saturday, will take the total number of weekly Emirates flights serving Cairo to 25...

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[Kenya] General Electric appoints Brenda Mbathi as East Africa CEO

General Electric has announced the appointment of Brenda Mbathi as the Chief Executive Officer for East Africa. In her role, Brenda will play a pivotal role in steering the next phase of strategy and growth for General Electric in East African markets, excluding Ethiopia which shall continue to be led by Daniel Hailu, CEO, GE Ethiopia.

Based in Nairobi, Brenda will lead the development of diverse programs with public and private sector projects and partnerships across East Africa...

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[Column] Erik Roos: Are e-pharmacies on the cards for South Africa?
Amazon’s recent entry into the pharmaceutical market, following its acquisition of PillPack – an online US pharmacy, which serves a sizable portion of the US’ prescription market – has got local experts re-evaluating the role of internet pharmacies in SA where many still don’t have access to medication.

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[Africa Tech Week] Online marketplaces are contributing to economic growth in Africa
Online marketplaces are changing how African shop or get services. These digital platforms, such as Jumia as Jumia, Souq, Uber, and Travelstart that match buyers and providers of goods and services, could also raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms...

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[Interview] Faridah Afadameh, CEO, Ashfar Group, Ghana
Faridah Afadameh is CEO of Ashfar Group, a pan African business enterprise with footprints in West Africa, East Africa and Southern Africa.

Could you introduce your company?

Ashfar Group was founded in February 2017 by myself and Dr. Ashimizo Afadameh-Adeyemi. As a company, our business is that of power generation and efficiency, with interests in Oil and Gas, Marine Logistics/ Shipping, Water Treatment and Agribusiness. We operate in Accra, Ghana, 11 Dodi Link, Airport Residential Area...

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[Interview] David Kimani, Founder, Vacay Holiday Deals, Kenya
Kenyan entrepreneur,  David Kimani, is providing the unique service of vacations and holiday trips on credit - to be paid for at later dates - with his company, Vacay Holiday Deals.

Would you introduce your company please?

Vacay Holiday Deals is a travel company based in Nairobi, Kenya. Our slogan is ‘More Travel, Less Excuses’ because we enable convenience in travel by allowing travelers to go on holiday and pay later, pay for holidays in instalments beforehand and personalize service while planning for travel...

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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...

Are you a CEO in or working with Africa and interested in an interview...

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Essential steps for starting a small business

Starting your own business can be a very rewarding thing to do. Freeing yourself from the tedium of a 9 to 5 job and being able to be your own boss and make your own decisions can be liberating.

It can, however, also be a very challenging time, especially in the beginning. You want to do everything you can to lay a good foundation, but it can be confusing knowing what to do first. To help you with your venture here are the most important steps you need to take...

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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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