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

02-06-2020 | 10:09:00
Germany looks to facilitate private sector investments in Africa
With the recent ‘AfricaConnect’ €400 million initiative under DEG’s management, the German Development Ministry is looking to increase private sector investments and cooperation with the African continent.


02-06-2020 | 07:48:00
Global Partnership for Education increases COVID-19 emergency fund
The Global Partnership for Education (GPE) will provide an additional $250 million to help developing countries respond to the immediate and long-term disruptions to education caused by the COVID-19 pandemic.


01-06-2020 | 07:51:00
African Development Bank mobilizes $22 million for low-income countries in the ECOWAS region
The African Development Bank approved an emergency project in favor of low-income countries members of ECOWAS for strengthening the health systems of The Gambia, Mali and Niger.


01-06-2020 | 07:21:00
Rand Merchant Bank confirms $15bn funding for LNG project in Mozambique
The Rand Merchant Bank (RMB) confirmed that a liquefied natural gas (LNG) project in Mozambique is expected to receive $15 billion (R267bn) of financing commitments at a signing scheduled for June 2020.


01-06-2020 | 07:05:00
Sudan, WFP sign agreement on Sudan family support programme
The Government of Sudan and the United Nations World Food Programme (WFP) have signed a Memorandum of Understanding (MoU) to support the government’s Family Support program that will provide Sudanese families direct cash transfers.


01-06-2020 | 06:44:00
World Bank approves $25m to help Djibouti grow economy, improve access to services
The World Bank approved two new projects totaling $25 million in credit from the International Development Association (IDA), to help Djibouti address vulnerability, foster inclusive economic growth and improve service delivery.


29-05-2020 | 14:12:00
UNWTO launches global guidelines to reopen tourism
The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from COVID-19.


29-05-2020 | 10:24:00
AFD provides €70m to improve water and sanitation in Morogoro, Tanzania
The Government of Tanzania and the French Development Agency (AFD) signed a financing agreement for a 70M€ concessional loan aiming at improving water supply and sanitation services for the residents of Morogoro Municipality.


29-05-2020 | 09:10:54
[South Africa] Sasol announces its not divesting its fuel retail business
Sasol, an international integrated chemicals and energy company announced that it is not divesting its downstream fuel retail business as part of its ongoing asset disposal process.


29-05-2020 | 07:11:00
[Nigeria] NCDMD launches initiatives to drive innovations in oil and gas industries
The Nigerian Content Development and Monitoring Board (NCDMB) has launched BrentPlus, a series of initiatives that will stimulate innovations in the oil and gas industry.


29-05-2020 | 07:08:00
[Nigeria] Premium Pension appoints Alhassan Babayo as Board Chairman
The Board of Premium Pension appointed Mr. Ibrahim Alhassan Babayo as its new Chairman, following the retirement of the erstwhile Chairman Arc. Yunusa Yakubu who held the position since 2017.


28-05-2020 | 07:44:00
COVID-19 creates fundamental shifts in Africa's consumers, Nielsen
The COVID-19 pandemic has given rise to a new kind of African consumer who is already displaying fundamental shifts in consumption and purchase behaviour.


28-05-2020 | 07:36:18
African Natural Resources Centre unveils publication to advance critical land policy reforms
In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles to aid policy debate.


27-05-2020 | 11:28:00
[South Africa] Unemployment Insurance Fund pays out R15bn
The South African Department of Employment and Labour says the Unemployment Insurance Fund (UIF) has to date paid in excess of R15 billion to beneficiaries.


27-05-2020 | 10:45:04
Fugro detours for Ifremer's Mayotte underwater volcano survey in Africa
A Fugro vessel heading from the Netherlands to South Africa has made a 10-day detour to support Ifremer, the French Research Institute for Exploitation of the Sea, in monitoring a giant active underwater volcano off the east coast of Africa.


 


 
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