Year 6 | Edition 26 | 17 July 2019
 

[South Africa] Vodacom launches IoT products

Vodacom has launched a range of Internet of Things products that will allow customers to connect and monitor their compatible home and leisure IoT devices to the Vodacom dedicated global IoT network using a dedicated IoT V-Sim.

The “V by Vodacom” range includes the V-Pet tracker, V-Kids Watch tracker, V-bag tracker and a V-Home Safety starter kit with a multipurpose sensor, siren, HD camera and a mobile...

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AFC provides $100 million to Aker Energy’s deep water offshore oil project in Ghana

Africa Finance Corporation, the infrastructure solutions provider in Africa, has financed Aker Energy A.S. a subsidiary of Aker ASA, one of the highest-quality-rated companies in the Norwegian market and a leader in oil, gas and industrials.

 AFC’s support is through investing in US$100 million of convertible bond notes with an intention to participate in follow on fund raising activities...

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HSEVEN launches Africa startup acceleration programme with up to €1.5 million investment per business

HSEVEN, Africa’s largest accelerator is launching “HSEVEN DISRUPT AFRICA”, an ambitious startup acceleration program designed for entrepreneurs of the Moroccan and African diaspora.

The 6-month program will provide a seed investment of €150,000 plus an eventual investment of €500,000 to €1.5 million...

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[Column] Hillary Miller-Wise: How disruptive technology can bring about a Green Revolution in Africa

Population growth may have slowed in many regions of the world, but in Africa it is exploding. With the population set to double by 2050, the question of how Africa will feed itself is becoming increasingly urgent.

Small-scale farms comprise 80 per cent of all farms on the continent and, in some countries, supply 90 per cent of the...

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French media channel, Canal+ aquires Nigerian film studio, ROK

African film studio and international TV network, ROK, has been acquired by CANAL+ Group, comprising production, content distribution and publishing channels.

As part of the transaction, IROKO Ltd will also take full control of the JV IROKO+, the #1 SVOD platform in French-speaking Africa. The move comes as CANAL+ Group looks to strengthen its content production reach in Nigeria and across Africa...

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[Column] Sachen Gudka: Growing manufacturing SMEs from local value chains to global market players

The increased attention on SME growth both at a national and global scale, points to a reckoning that the future of business hinges on their success.

In Kenya’s context, it seems that both Government and private sector are progressively dismantling any one-size-fits all approaches, and are instead, constantly trying to find more nuanced ways to intervene and uplift micro, small and...

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[Africa CEO Forum] What are the opportunities that AfCFTA brings for business?

We regularly ask key players for their opinion on current developments in African business and politics.

This time the question is about the signing of the African Continental Free Trade Agreement by the members of the African Union, which took 17 years of negotiations...

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News Headlines

Andersen Global enters Zimbabwe through partnership with Zenas 21-08-2019 | 07:20:41
Andersen Global announced it has signed a collaboration agreement with Chimwamurombe Legal Practice (Zenas) in Zimbabwe.


Equatorial Guinea to build West Africa’s first Liquefied Natural Gas storage and regas plant 21-08-2019 | 07:18:33
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa.


Wood-saving cookstoves help Zambia cut forest loss 21-08-2019 | 07:12:00
A UNDP-GEF partnership is promoting energy-saving stoves in rural communities in support of the government’s efforts to cut forest loss, clean up cooking, save lives and curb climate change.


Kenya farmers find new fortunes in avocado farming 21-08-2019 | 06:45:00
Kenya’s avocado farming, now christened the green revolution, has seen farmers abandon their traditional crops in favour of harvesting the popular fruit.


BABA TV launched on DSTV in Uganda 20-08-2019 | 06:04:00
BABA TV, the highest-ranked new channel in the 'family' with the best quality picture has been launched on DStv platform in Uganda.


BBC appoints Pierre Cloete as commercial director for branded services in Sub-Saharan Africa 20-08-2019 | 05:57:00
BBC Studios has announced the appointment of Pierre Cloete as commercial director for branded services, Sub-Saharan Africa.


South African Airways restores Hong Kong service 19-08-2019 | 12:59:00
South African Airways has restored flights between Johannesburg and Hong Kong on August 14, which was suspended for two days due to protest action at the Hong Kong International Airport.


Ethiopia to open banks for Ethiopian investors in diaspora 19-08-2019 | 11:18:00
The government of Ethiopia recently passed a law that will enable Ethiopian in other parts of the world to invest in the country’s financial services industry.


Kenya’s animal health industry unveils umbrella body to address sector needs 19-08-2019 | 10:15:00
The animal health industry in Kenya has today launched a new body that will articulate and address the needs of industry players.


[Nigeria] NNPC targets China to boost crude oil reserves 19-08-2019 | 08:53:28
The Nigerian National Petroleum Corporation says strategic partnership and new investments in the Upstream Petroleum Sector are essential for it to actualize the nation’s crude Oil reserves and 3m barrels per day oil production target by 2023.


Kenya Airways adds two direct flights on the Nairobi- Cape Town route 16-08-2019 | 12:05:37
Cape Town Air Access has announced the addition of two direct flights to the weekly Cape Town-Nairobi service, operated by Kenya Airways.


AfroChampions unveils drive to finance the African Continental Free Trade Area 16-08-2019 | 08:46:00
The AfroChampions Initiative has formally launched a private sector investment framework to secure financing for the African Continental Free Trade Area.


Capital Markets Authority approves Kenya’s first green bond 16-08-2019 | 06:55:00
Capital Markets Authority (CMA) has approved the issuance of Kenya’s first unlisted green bond, to be issued by Acorn Project (Two) Limited Liability Partnership.


EgyptAir’s B787-9 Dreamliner set to fly to Beijing 16-08-2019 | 06:47:06
EgyptAir has said that the first ever flight for the sixth and last Boeing 787-9 Dreamliner is set to be operated on the company's route to Beijing on Sunday.


Africa Oil announces major oil discovery offshore Guyana 15-08-2019 | 14:13:43
Africa Oil is pleased to announce a significant oil discovery on the Orinduik Block, offshore Guyana.


 


 
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