Year 6 | Edition 37 | 31 October 2019
 

[Kenya] NSE launches new equities trading system

The Nairobi Securities Exchange (NSE) commissioned a new equities trading system following approval by the Capital Markets Authority (CMA).

The new equities trading platform is provided by LSEG Technology - part of the London Stock Exchange Group and one of the world’s leading developers of high performance trading systems. The system has come along with significant changes to the structure of the current trading process...

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South African companies set out to China to showcase products, deepen trade relations

A group of South African companies will showcase their products in China when they participate in the second China International Import Expo (CIIE) that will take place in Shanghai from 5-10 November 2019.

The group’s participation is organised and funded by the Department of Trade and Industry (the dti) through its Export Marketing and Investment Assistance (EMIA) Scheme. The objective of the scheme is to develop export markets for...

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Polarcus secures 4D seismic project offshore West Africa

Polarcus has announced that an award has been received for a 4D marine seismic acquisition project offshore West Africa. The project duration is approximately two months and is scheduled to commence in Q4 2019 following a scheduled class docking. 

Polarcus is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to...

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[Column] Toney Wabela: Technological disruption looming for Africa’s data network market

Sometimes a disruptive technology can loiter for a while, before it changes everything. Yet change it will bring, because nothing and no one can defy gravity. So it is, I believe, with the new generation of open compute infrastructure.

For, as the world creates data, there’s an equal demand for resources to store, process and make sense from this data to drive business value. All the thousands of ledgers that used to be created manually now generate legions of data threads...

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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...

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AfricaCom | Cape Town | 12-14 November 2019

AfricaCom is the biggest, best and most influential tech and telecoms event on the continent, and the only place to meet the innovators driving Africa's digital transformation. Take your place.

AfricaCom now features AfricaTech – a new event within AfricaCom dedicated to IT and enterprise digital transformation. Your ticket gives access to both AfricaCom AND AfricaTech – you do not need to register for each event separately.

The Visitor Ticket gains you free access to...

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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

17-02-2020 | 11:04:00
[Nigeria] Jaiz Bank declares N1.79b profit
Jaiz Bank, Nigerian non-interest Sharia-compliant financial institution, has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange.


17-02-2020 | 09:09:00
Royal Air Maroc and British Airways sign codeshare agreement
British Airways and Royal Air Maroc have announced a new codeshare agreement which will open up new routes across Morocco including Casablanca and Agadir.


14-02-2020 | 13:27:00
IFC helps Egypt's microfinance company build capacity, boost outreach
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.


14-02-2020 | 13:11:00
[Nigeria] Airbus and Green Africa Airways sign agreement for 50 A220s aircraft
Nigeria’s Green Africa Airways, has signed an MoU for 50 A220-300 aircraft, one of the largest orders to be placed globally for the A220 programme and the largest ever from the African continent.


14-02-2020 | 08:30:00
African airlines see passenger demand increase by five percent, IATA report
The International Air Transport Association announced full-year global passenger traffic results for 2019 showing that demand rose by 4.2% compared to the full year of 2018.


14-02-2020 | 06:41:00
Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.


13-02-2020 | 13:55:00
[Egypt] EGAS signs $43m oil exploration deal with Wintershall Dea
The Minister of Petroleum and Mineral Resources Tarek el-Molla has signed an agreement to search for and produce oil and natural gas in eastern Damanhur area in the Nile Delta.


13-02-2020 | 13:37:00
[Nigeria] Auto sector attracts N360b investment in 2019
The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over N360 billion investments into the country’s economy in year 2019.


13-02-2020 | 09:41:00
Accor set for expansion in Ethiopia
Accor, a leading augmented hospitality group, is expanding its presence in Ethiopia after signing a management agreement to open a new property under its design-led economy brand, Ibis Styles.


13-02-2020 | 09:37:00
DRC Government and General Electric sign infrastructure agreement
The Government of the Democratic Republic of the Congo and General Electric have announced signing of an MoU in infrastructure projects enabling the increase in the supply of electric energy and health modernization programs.


13-02-2020 | 08:00:00
[Kenya] Jeneria Lekilelei, lion hunter turned conservationist
Jeneria Lekilelei, a Samburu pastoralist from Kenya has been the face behind protecting lions in the Northern Kenya sanctuary.


13-02-2020 | 06:01:22
Andersen Global enters Republic of Guinea’s market
Marking its debut in the Republic of Guinea, Andersen Global announced the continuation of its African expansion by way of a collaboration agreement with Nimba Conseil, a tax and legal firm based in Conakry.


12-02-2020 | 10:40:00
Somalia, UNESCO sign accord to strengthen efforts to preserve culture, improve education
Somalia and the United Nations culture and education agency signed an agreement aimed at strengthening efforts to preserve the country’s cultural heritage and improve its educational sector.


12-02-2020 | 05:04:00
Africa Influencer Agency launches, introducing digital PR tools to connect business professionals in the continent and beyond
Africa Influencer Agency is a B2B PR platform that will embrace all available digital channels and social media to support brands in telling their stories to the African B2B audience


11-02-2020 | 14:26:00
EBRD and Crédit du Maroc boost green economy and value chains in Morocco
Small and medium-sized enterprises (SMEs) in Morocco will benefit from an EBRD credit line of up to €20 million to Crédit du Maroc dedicated to green investment and the development of value chains.


 


 
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