Year 6 | Edition 21 | 11 June 2019

DBSA sees Ghana as key in building Africa’s prosperity

Speaking during the Development Bank of Southern Africa (DBSA) Investment Summit in Accra, Ghana, the South African High Commissioner to Ghana, Her Excellency Luluma Xingwana, stated that South Africa regards Ghana as a strategic partner on the continent because both countries share values of democracy, good governance, the rule of law and respect for human rights.

She further added that South Africa has been a key development partner in Ghana as evidenced by the number...

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South Sudan inaugurates European Union-funded bridge in Warrap State

The United Nations World Food Programme (WFP) and the European Union (EU) officially handed over the completed Kwacjok Bridge to the Government of South Sudan that links Lunyaker, Kwacjok and Kangi regions for long separated by the Jur River.

The 120-metre long bridge is part of a €20.3 million (US$ 24.8 million) European Union-funded project to construct and maintain a total 100 kilometres of road infrastructure in Warrap and Western Bahr el Ghazal states...

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FAO develops four-year agri-based livelihoods strategy in Tanzania

The Food and Agriculture Organization of the United Nations (FAO) has developed a four-year strategy in Tanzania with the objective of enhancing the resilience of agriculture-based livelihoods and local food systems, thus improving food security and nutrition.

This will be achieved through a combination of protection, prevention and disaster risk reduction measures that address the root causes of vulnerability, as well as meet the immediate needs of people affected by shocks and crises...

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Intertek renews contract with Uganda government for its Pre-Export Verification of Conformity to Standards Programme

Intertek, a Total Quality Assurance provider to industries worldwide, has extended its contract with the Uganda National Bureau of Standards (UNBS) to continue to manage its Pre-Export Verification of Conformity to Standards Programme (PVoC) for exports to the country.

The programme verifies the conformity of all regulated products in the respective exporting countries within a range of sectors, including: food, chemicals, electricals and...

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AfriLabs expands into 45 African countries

AfriLabs, the Pan- African network of technology and innovation centres has added 27 new hubs into her network thereby extending her reach into 6 countries; Guinea, Mauritius, South Sudan, Libya, Tunisia and Botswana and 12 new cities making it a total of 158 Hubs in 45 African Countries.

“We are excited to have these new members join our ever growing family as well as extending our reach to these new countries thereby bringing us closer to the goal of having...

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[Events] The Land Accelerator | 7-12 September 2019 | Nairobi | Kenya

A game-changing event took place in 2018 that breathed new life into old land: the first cohort of the Land Accelerator brought together entrepreneurs from seven countries across Africa. The magic will happen again from September 7-12, 2019, in Nairobi, Kenya. The program is free to attend and takes no equity. Also, travel costs will be covered.

The Land Accelerator is an action-packed 6-day program to train and mentor entrepreneurs from across Africa, including business education, technical lectures, and a Demo Day where participants will pitch to prospective investors...

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News Headlines

Urgent regional cooperation needed to tackle rising piracy attacks in Gulf of Guinea 13-11-2019 | 12:33:00
Following the attack of two vessels in the Gulf of Guinea last week, the International Transport Worker’ Federation called for urgent global and regional cooperation to fight piracy in the region.

Ecobank signs up to UNEP principles for responsible banking 13-11-2019 | 11:31:00
Ecobank Transnational Incorporated has become an official Signatory to the UN Principles for Responsible Banking: a single framework for a sustainable banking industry.

SDX Energy commences production at South Disouq concession, Egypt 13-11-2019 | 10:47:00
SDX Energy, the MENA-focused oil and gas company, is pleased to announce the commencement of production from its operated South Disouq concession in Egypt.

Anglo African Oil & Gas finds rig for Tilapia drilling offshore Congo 13-11-2019 | 10:04:00
Anglo African Oil & Gas (AAOG), has entered into a rig option agreement to source for a drilling rig for a well at its Tilapia field offshore the Republic of the Congo, in which the Company has a 56 per cent interest.

Power Africa and Africa50 partner to implement energy and transmission projects 13-11-2019 | 09:12:00
Power Africa and Africa50 have signed an MOU for a new partnership focused on attracting power sector financing and developing innovative public private partnership models in sub-Saharan Africa.

European Investment Bank announces $1 billion lending programme for African women entrepreneurs 13-11-2019 | 07:15:00
The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent.

Fire onboard Polar Marquis offshore Senegal 12-11-2019 | 11:43:00
GC Rieber Shipping ASA reports to have had a fire onboard its managed vessel Polar Marquis, offshore Senegal yesterday Monday November 11th 2019.

Vivo Energy Morocco, Myher Holding partner to accelerate distribution activities in the southern region 12-11-2019 | 11:20:00
Vivo Energy Morocco and Myher Holding announce their partnership in the company Sopétrole to accelerate the deployment of their distribution activities in the Provinces of southern Morocco.

UNIDO, partners rolls out 500,000 clean cook stoves in Tanzania 12-11-2019 | 10:48:00
The United Nations Industrial Development Organization (UNIDO) and its partners initiated the roll-out of 500,000 ethanol cook stoves to households in various wards of Dar es Salaam, Tanzania.

LOC awarded marine assurance and inspection contract with BP Egypt 12-11-2019 | 10:06:00
LOC announces that it has become the third-party provider for marine assurance & inspection with BP Egypt.

South African Airways embarks on restructuring, process may lead to job losses 12-11-2019 | 08:50:00
South African Airways has informed all its 5146 employees that it is embarking on a restructuring process which may lead to job losses.

[Angola] IFC opens office to support private sector growth 12-11-2019 | 08:29:00
IFC, a member of the World Bank Group, has opened an office in Angola to deepen its support for private sector development and economic diversification the country.

EIB expands trade & investment insurance benefits to West Africa 12-11-2019 | 07:57:00
The EIB has formally agreed to support membership expansion of the African Trade Insurance Agency with a concessional financing facility to cover the shareholding of three prospective members - Cameroon, Niger and Togo.

African Development Bank to launch the 2019 Electricity Regulatory Index in South Africa 12-11-2019 | 07:17:00
The African Development Bank will officially launch its Electricity Regulatory Index (ERI) 2019 at this year’s Africa Investment Forum, Africa’s premier investment marketplace, currently underway in Johannesburg, South Africa.

South African Aberdare Cables seeks to supply Nigeria with quality cables and transformers 12-11-2019 | 06:58:00
The Port Elizabeth, Eastern Cape-based cables and transformers for electricity manufacturer, Aberdare Cables is seeking to supply Nigeria with quality cables and transformers at a competitive price.


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