Year 6 | Edition 28 | 30 July 2019
 

Greening Ethiopia Initiative plants 200 million saplings in a day

A nation-wide tree planting initiative kicked off on the morning of Monday 29th July aimed at breaking the world record of planting 200 million saplings on a single day. India currently holds the world record.

Officially launched by Ethiopia’s Prime Minister Abiy Ahmed in May, the nation-wide reforestation program, also popularly known as green legacy, is aimed at recovering the trees and forests that have been lost over the years...

Read more

 

[Nigeria] MTN subsidiary, Yello Digital Financial Services, receives super agent license from Central Bank

MTN Nigeria has announced that its subsidiary, Yello Digital Financial Services Limited ("YDFS") has been granted a full Super Agent License by the Central Bank of Nigeria.

The Super Agent licence enables the scale launch of MTN Nigeria's fintech strategy. The licence will enable MTN to convert their existing airtime agents and recruit other small businesses to distribute financial services...

Read more

 

[Column] Tamer Farouk: Using tech to put CFOs in the driver’s seat of their organizations

New innovations in financial IT solutions are opening several opportunities for finance decision-makers in Africa. But realizing the full value of these innovations will require leadership and vision.

Earlier this year, the financial platform service M-Pesa announced that it has more than 20.5 million active users and over 27 million subscribers across Africa. This represents an important milestone for the continent and demonstrates the...

Read more

 



[Egypt] Wartsila supports local industries by increasing power plants capacity by two thirds

The technology group Wärtsilä will supply additional capacity for an existing power plant located in Borg El Arab, an industrial city some 45 kilometres southwest of Alexandria, Egypt.

The plant is owned and operated by the National Electricity Technology company, Kahraba, a part of the Egypt Kuwait Holdings (EKH) Group. Kahraba is one of the largest private electricity service providers in Egypt. The order with Wärtsilä was placed in June 2019...

Read more

 



Japan invests $1.8 million in UNIDO’s bioplastics project in South Africa

The Government of Japan and the United Nations Industrial Development Organization (UNIDO) have signed a funding agreement for a project to support a transition from conventional plastics to sustainable alternatives in South Africa.

The Government of Japan announced the funding support of US$1.8m for the UNIDO project during the G20 Osaka summit in June when the Prime Minister of Japan, Shinzo Abe, held a summit meeting with the President of the Republic of South...

Read more

 

 
 

[Column] Anne Wambui Gaitha: African Trade Agreement key to Financial Services, Logistics, Tourism industries

I believe that the African Continental Free Trade Agreement (AfCFTA) is a game changer in international trade and will be an amazing opportunity for African brands.

Traditionally the trade flows in Africa have revolved around exporting raw materials to Europe and the Far East and then importing value added products from global trade partners. This has not benefited many African businesses, especially the SMEs as they have not been able to compete with the...

Read more

 

[Interview] Mary Njoku, Director General, ROK Film Studios, Nigeria

Nigerian Film and Entertainment Studio, ROK, was recently acquired by French media giant, CANAL+. Mary Njoku, the leader of ROK, talks to Africa Business Communities about the aquisition and what it means for the African entertainment industry.

Please tell us about ROK and its work since inception.

ROK Studios was launched in 2013 and is a leading African film and original series studio and production house based in Lagos, Nigeria. We specialize in the creation of content in...

Read more

 

 
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.


 


 
Click here for the webversion

To unsubscribe click here
 

Colofon:

Africa CEO Network NEWS is a publication of Africa Business Communities
www.africabusinesscommunities.com

info@africabusinesscommunities.com

www.twitter.com/africabizz
Publisher/Editor in Chief: Bas Vlugt

Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

Send your press releases to: info@africabusinesscommunities.com


Africa Business Communities is a Digital B2B Publisher that enables companies and organizations to connect with African Business Professionals. Africa Business Communities supports doing business in Africa by recruitment services, custom media productions and market research. Africa Business Communities is the largest player on LinkedIn in Africa.

Become a member of de Africa CEO Network on LinkedIn

www.africabusinesscommunities.com

www.nigeriabusinesscommunities.com

www.africabusinesspanel.com

www.africaonlinemarketing.com

www.africapresslist.com

www.africanewsmonitoring.com

www.headhuntersinafrica.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -