Year 6 | Edition 13 | 22 April 2019
 
Saudi Arabia expresses interest in Angola’s oil and mines

Representatives of the Ministry of Energy and Industry and companies from Saudi Arabia have visited Angola to gather information on business opportunities in Angola in the areas of oil, gas, petrochemicals and solid mineral resources.

In addition to the head of the Department of Cooperation of the Saudi Ministry of Energy and Industry, Khalid Alotaibi, Saudi Arabia, Saudi Aramco, the largest oil company in the world, and the Ma'aden mining company, exploitation of phosphates, gold and aluminum...

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[Interview] Saeed Ibrahim Talfo, CEO, Golden Land, Sudan
Saeed Talfo has spent about a decade working in ICT, telecom delivery and service, and HE is currently the CEO of GLSD.

Tell a bit about your company?

Golden Land delivers ICT services including data center solutions and ELV TK projects, and we're located in Qatar, with a branch in Kahrtoum, Sudan (GLSD). The company undertakes turnkey projects involving design, supply, installation and commissioning of telecommunication, security and networking systems...

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World Bank invests $200 million in Egypt SMEs

The World Bank (WB) has approved the allocation of $200 million for backing entrepreneurship and SMEs in Egypt, giving top priority to women-run projects, the country’s Investment Minister Sahar said.

It has been widely proven that companies run by women are one of the fastest growing small sized companies, she added...

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[Column] Mncedisi Mayekiso: Tapping into the growing demand for connectivity in South Africa

South Africa’s National Development Plan (NDP) has a vision for 2030 – to create a seamless information infrastructure by 2023. To achieve this, the ICT sector will have to support the development of a dynamic and connected information society that breeds a vibrant knowledge economy.

The connectivity target for 2023 is 100% at 100 Mbps. It was difficult to predict how far connectivity was going to grow in South Africa about 10 years ago. The safest prediction was that the industry was in a constant state of evolution...

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ECA launches African Women Leadership Fund in Morocco

The Economic Commission for Africa has launched the African Women Leadership Fund in Morocco on the sidelines of the African Regional Forum for Sustainable Development.

In order to strengthen women's economic empowerment and facilitate the emergence of women fund managers, the fund aims to facilitate the access of African women entrepreneurs and cooperatives to sustainable capital, lower barriers to entry for women asset managers focused on investing in women-owned and women-led businesses...

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Argus West Africa LPG | 25-26 April in Abuja, Nigeria
Discover the potential of the West African LPG industry on 25-26 April in Abuja, Nigeria.

As west Africa’s LPG industry continues to grow in strength, the region is now a leading global market participant. With the capacity for growth in the industry greater than ever before, join us to identify new opportunities by exploring the key drivers for LPG growth, pricing trends and future trade flows...

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The 5th China-Africa Enterprises Convention | 8 - 12 June 2019 | Shanghai | China

The China-Africa Enterprises Convention, which will be held from June 8 to 12, 2019 in Shanghai, China, is an opportunity for African companies to trade and establish strategic partnerships with Chinese companies, to learn from Chinese companies experience and find investment opportunities with Chinese and African investors.

The event, which is in its 5th edition, is organized by Reliconn (a Shanghai-based consulting firm), with the support of the Organizing Committee of the China International Consumer Goods Fair (CICGF), which is one of the of the 4 biggest fairs of China...

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News Headlines

[Kenya] Capital Markets Authority set to recover Ksh208 million from illegal trading in fixed income securities 17-05-2019 | 13:09:00
Kenya’s Capital Markets Authority has taken enforcement action against Mr. Rodrick Muhoro, a bond trader, following conclusion of investigations with respect to allegation of irregular trading of Government Securities.


Emirates mulls growing African footprint 17-05-2019 | 11:11:00
Dubai based airline Emirates is considering flight frequencies to key African destinations including Morocco, Ghana, Senegal, Egypt, and South Africa as it sees potential for growth in Africa.


[Nigeria] Ebenezer Onyeagwu appointed CEO of Zenith Bank 17-05-2019 | 06:28:00
Nigeria’s multinational financial service provider Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective June 1, 2019.


[Kenya] Capital Markets Authority licenses Jubilee Financial Services to operate as a fund manager 17-05-2019 | 06:15:00
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to Jubilee Financial Services Limited to operate as a fund manager having met all requirements.


[Uganda] KCCA flags off construction of five roads 16-05-2019 | 14:00:00
The Kampala Capital City Authority (KCCA) has flagged off a new set of roads to two international firms to start construction work.


Bank of Mauritius bags Best Central Bank for Corporate Governance, Indian Ocean 2019 Award 16-05-2019 | 12:13:00
The International Business Magazine has conferred upon the Bank of Mauritius its Award for ‘Best Central Bank for Corporate Governance Indian Ocean 2019’.


AGRA, UPL partner to increase Africa smallholder farmers’ access to yield-enhancing technologies 16-05-2019 | 10:07:50
Thousands of smallholder farmers are set to benefit from increased access to technologies that support yield increase.


Mahindra South Africa enters farming equipment business 16-05-2019 | 10:03:39
In its endeavour to establish South Africa as its home outside India, Mahindra South Africa has announced entry into its fourth business line, by introducing its range of farming equipment.


CBK and Bank of Mauritius brainstorm to deepen cooperation 16-05-2019 | 08:47:00
The Central Bank of Kenya (CBK) and the Bank of Mauritius held a brainstorming session with a view to enhancing cooperation between the two central banks.


NAS and LAM joint venture to operate airport lounges across Mozambique 16-05-2019 | 08:29:00
National Aviation Services (NAS), has announced a joint venture (JV) agreement with Linhas Aéreas de Moçambique (LAM), the Mozambique flag carrier, to provide management services of the Flamingo lounges in Mozambique.


Société Pétrolière expands liquefied petroleum gas business in Rwanda 16-05-2019 | 07:22:00
Société Pétrolière Ltd,SP, the East Africa mid and downstream oil company, has installed eight Liquified Petroleum Gas storage and cylinder filling plants across Rwanda.


BBOXX and Victron Energy to deliver pay-as-you-go solar solutions in DR Congo 16-05-2019 | 07:19:00
BBOXX, a provider of off-grid solar home solutions for rural communities in Africa has entered into an agreement with Victron Energy to provide solar solutions to households across Democratic Republic of Congo.


[South Africa] Trade Minister gazettes the draft B-BBEE Chartered Accountancy Sector Code 16-05-2019 | 06:39:00
Members of the public have until 23 June 2019 to make inputs and comments on the Draft Broad-Based Black Economic Empowerment (B-BBEE) Chartered Accountancy Sector Code.


IFC, SECO partner to address water scarcity in South Africa 16-05-2019 | 06:17:00
IFC, a member of the World Bank Group and Switzerland’s State Secretariat for Economic Affairs (SECO), launched a program aimed at addressing water scarcity in South Africa’s agribusiness sector.


Capital Markets Authority licenses AFG Wealth Kenya as an investment adviser 15-05-2019 | 13:15:00
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to AFG Wealth Kenya Limited to operate as Investment Adviser in Kenya bringing the number of investment advisers to 15.


 


 
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