Year 6 | Edition 36 | 25 October 2019
UK partners with Kenyan Fintech companies to increase financial inclusion

The Lord Mayor of the City of London Peter Estlin, has announced £10 million of UK Aid support towards the Catalyst Fund during a visit to Nairobi.

His visit comes ahead of the first UK-Africa Investment Summit next year, which will bring together businesses, governments and international institutions to encourage investment in a range of sectors, including fintech...

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[Kenya] Peter Ndegwa appointed new Safaricom CEO

Telecommunication company Safaricom PLC has named Peter Ndegwa, Diageo PLC’s Managing Director, its Chief Executive Officer effective April 2020.

Ndegwa will take over from Michael Joseph who was appointed interim Chief Executive Officer of Safaricom following Bob Collymore’s death in July...

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Fertilizer Canada and Tractors for Africa ink deal targeting 80,000 smallholder farmers in Ghana

Fertilizer Canada and Tractors for Africa signed a Memorandum of Understanding (MOU), intended to advance sustainable agriculture in Ghana as part of the 4R Solution Project.

The project is supported by Global Affairs Canada and focuses on the incorporation of the 4R Nutrient Stewardship (Right Source @ Right Rate, Right Time, Right Place®) into fertilizer management practices in order to increase incomes for up to 80,000 smallholder farmers, particularly women...

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[South Africa] FNB opens up its banking app for all consumers

South African financial services provider, FNB has opened up its banking app for all consumers in the country. Through FNB's AppVenture campaign, all customers regardless of who they currently bank with, will have the opportunity to explore and experience the app's benefits and features.

Non-FNB customers can stand a chance to win one of two R1 million individual grand prizes, by simply downloading the FNB App and making use of a digital account with no monthly fees to experience the various features of the App...

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[Column] Michelle Moss: CQ is the new EQ for executives

Second, only to emotional intelligence (EQ), cultural intelligence (CQ) is fast becoming one of the most in demand skills for executives in today’s culturally diverse world of business. The growing need for CQ is just one of the consequences of globalisation.

It’s true that companies are setting up more bases in foreign countries than ever. But their own societies are simultaneously becoming more culturally diverse, as foreign citizens migrate in search of better career opportunities and lifestyles...

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[Column] Patricia Scotland: The world must not sleep-walk into another debt crisis

Trade wars, protectionism, and nationalist rhetoric are combining to weave the possibility of a nightmare debt crisis that could be worse than any previously experienced.

 Global borrowing is now at the highest levels since the 1950s – and history suggests we should take this as a warning that a debt crisis could be looming...

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Africa Business Communities Networking Event | Nairobi | 31 October 2019
Africa Business Communities is open for networking! Every last Thursday of the month you are welcome to meet our team and network...

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News Headlines

30-10-2020 | 15:00:00
ATSG delivers Boeing 767 freighter to Astral Aviation of Kenya
Air Transport Services Group, Inc. has announced the delivery by its Cargo Aircraft Management subsidiary of a Boeing 767-200 converted freighter to Astral Aviation of Kenya under a five-year lease.

30-10-2020 | 09:25:11
Enel Green Power commences Nxuba Wind Farm energy generation in South Africa
With the commissioning of its final wind turbine at 140 MW Nxuba Wind Farm in the Eastern Cape, Enel Green Power (EGP) has commenced with the generation and delivery of energy.

30-10-2020 | 08:53:00
Asonha Energie, Sinohydro sign turnkey contract for development of hydroelectric dam in Gabon
Asonha Energie signed a turnkey contract with Chinese engineering and construction firm Sinohydro for the development of the 35-MW Kinguélé Aval hydroelectric dam in Gabon.

30-10-2020 | 08:00:00
Buy Africa Build Africa initiative unveiled to support continental brands and goods
BCW Africa, Brand Leadership, Kantar and Geopoll have launched the #BuyAfricaBuildAfrica initiative to encourage local brands to adopt the #BuyAfricaBuildAfrica stamp of approval.

27-10-2020 | 10:24:34
USTDA launches call for initial proposals to expand Africa initiatives
The USTDA issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance and pilot projects that advance the U.S. government’s Prosper Africa and Power Africa initiatives.

27-10-2020 | 09:37:00
WAAREE spreads its wings globally, opens franchisee in Africa
WAAREE Energies, India's largest solar module manufacturer has strengthened its presence in West of African continent by opening franchise in Conarky.

26-10-2020 | 08:55:00
Apex Industries commits to fund top students at National University of Equatorial Guinea
Apex Industries, an oil and gas conglomerate based in Equatorial Guinea and headed by Don Leoncio Amada Nze has entered into a 5 year Funding Partnership Agreement with the National University of Equatorial Guinea.

26-10-2020 | 08:38:00
Ghana records FDI of $785.62m in Q1 2020
Ghana has recorded total investments of US$869.47 million, with total FDI value amounting to US$785.62 million between January to June 2020 as FDI inflow showed strength in the final moments of the second quarter of the year.

23-10-2020 | 06:19:00
Siemens Energy contributes to Egypt’s energy sector with new service center and training academy
Siemens Energy inaugurated a service center and a training academy in Egypt which combines a repair center, a tooling center and a spare-parts warehouse under one roof.

22-10-2020 | 15:09:03
Sterling and Wilson to build solar storage hybrid power plant in Niger
Sterling and Wilson Pvt Ltd (SWPL) has announced that it's Hybrid & Energy Storage division (HES) has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.

22-10-2020 | 11:55:00
UNWTO, ITC collaborate to strengthen coastal tourism in Liberia
The International Trade Centre (ITC) and UNWTO are collaborating in a project on developing the tourism sector in Liberia with a focus on surf tourism in the Robertsport destination.

22-10-2020 | 07:34:00
Zambia launches export diversification strategy in gold and gemstone mining
Zambia launched its Export Diversification Strategy in Gold and Gemstone Mining, to guide the formalization of the sector and stop illegal trading of the commodities in the country.

22-10-2020 | 07:21:00
EAC, EU launch regional economic integration programme
The EU Ambassador to Tanzania and the East African Community and the Secretary General of the EAC launched a €16.4 million joint programme to strengthen regional economic integration.

21-10-2020 | 11:42:55
Emirates expands reach in Southern Africa via interline agreement with Airlink
Emirates and Airlink have announced an interline agreement, widening Emirates’ reach into Southern Africa as countries begin opening their borders for travellers.

21-10-2020 | 06:57:00
[Rwanda] Shelter Afrique to develop large scale housing project in Kigali
Shelter Afrique Board has approved the development of the Kinyinya Park Estate Project- a 10,000 integrated and sustainable large scale housing project in Kigali.


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