Year 6 | Edition 39 | 27 November 2019
 

Equatorial Guinea to construct a gas megahub project

Equatorial Guinea’s government has announced its plans to construct a natural gas megahub project. This will consist of interlinked production, aggregation and processing facilities offshore and onshore, and will tie in to existing facilities.

The project is led by the Ministry of Mines and Hydrocarbons (MMH) in collaboration with oil and gas companies. The first phase of the project is to implement a new gas supply agreement signed between the MMH and Noble Energy...

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AWS uncovers the African Startups ecosystem

AWS South Africa recently embarked on a journey to bring AWS Startup Days to Johannesburg, Lagos, Accra and Nairobi. AWS Startup Days are free events for early-stage founders, developers, and investors that aim to help early-stage founders build quickly with AWS services.

They do this by providing networking opportunities and hosting business advice events, with tips on how to get funding, how to market your products efficiently, and how to...

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ECA, ITFC partner to bolster trade between Arab and African countries, generate growth and employment

The Economic Commission for Africa (ECA) and the International Islamic Trade Finance Corporation (ITFC) signed an agreement to step up their cooperation in support to economic and social development as well as trade among their member countries.

The agreement builds on ECA and ITFC’s strengths and strategic priorities to foster regional integration and promote sustainable and inclusive growth. It will enable both organizations to increase joint activities in areas such as...

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[Kenya] Equity’s FinTech innovations in Merchant banking continues to boost digital commerce

Mobile-money continues to be the key driver behind the digitization of payments, this has seen Equity Bank through mobile wallets, cards and digital payments record significant growth over the past one year.

The use of 3rd party infrastructure, mainly merchant and payment points has enabled the creation of seamless distributed bridges for conversion of cash and digital currency. This also saw Merchant commissions grow by 19% to reach...

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[Column] Mukhisa Kituyi: We need a more inclusive and sustainable model of development

At a time when the UN system reforms are bringing the three pillars of sustainable development more closely together, it is important to highlight the persisting need for a more inclusive and sustainable model of growth and development.

In 2014, UNCTAD calculated that UN member states face an aggregate US$2.5 trillion annual shortfall in meeting the investment needs of the Sustainable Development Goals (SDGs). We are proud that the UN still uses this figure to...

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[Interview] David Mbuta, CEO, Ubuntu Meal Delivery Services, Zambia
David Mbuta is the founder of Ubuntu Meal Delivery Services Ltd, a Zambian startup that is riding on a burgeoning working class conscious about their health and looking for convenience.

The company offers food delivery services from any restaurant of a customer’s choice, a forte that has seen it grow to now handle over 400 deliveries every month. He explained to Africa Business Communities the growth journey and the ambitions to scale operations by targeting fresh produce...

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Africa Business Communities Networking Event | Nairobi | 28 November 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

19-09-2020 | 11:15:00
Qatar Airways increases more African services
Qatar Airways is to resume services to Entebbe, Seychelles, and Windhoek, as well as many more global destinations.


19-09-2020 | 06:02:00
AfDB approves $500k emergency relief to boost clean-up of marine oil spill in Mauritius
The Board of Directors of the African Development Bank has approved a $500,000 emergency assistance grant to support international recovery efforts after a significant oil spill earlier this year off the coast of Mauritius.


18-09-2020 | 07:42:08
[South Africa] Edcon concludes sale for parts of Edgars business to Retailability
Edcon announced that the sale of parts of the Edgars business in South Africa to Retailability has been implemented, with all approvals from regulatory authorities and all conditions precedent either fulfilled or waived.


17-09-2020 | 15:59:00
BrightLife appoints Laurynas Vaičiulis CEO of Uganda
BrightLife, a social enterprise by FINCA International, has announced the appointment of Laurynas Vaičiulis as Chief Executive Officer.


17-09-2020 | 14:21:00
Kenyan Government partners with private sector, development partners to outline roadmap to achieve energy efficiency goals
The Kenyan Government through the Ministry of Energy launched the Kenya National Energy Efficiency and Conservation Strategy, placing Kenya firmly on track toward sustainable consumption and production including renewable energy generation.


17-09-2020 | 06:56:00
South Africa's influencer marketing agency R-Squared formally partners with syndicated agencies
R-Squared, South Africa's influencer marketing agency announced a formal partnership with industry leaders such as iProspect and Posterscope of the international Dentsu Aegis Network.


17-09-2020 | 06:37:00
Traceable, commercially viable artisanal gold supply chain now operational in Côte d’Ivoire
After a first export of gold, IMPACT and the European Union announced a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold project.


17-09-2020 | 06:26:00
Global and African leaders welcome launch of Global Center on Adaptation (GCA) Africa
The Global Center on Adaptation (GCA) Africa announced the launch of its regional office in Côte d’Ivoire. Hosted by the African Development Bank at its headquarters in the Ivorian capital Abidjan, GCA Africa will work with partners across the continent.


16-09-2020 | 07:58:00
Nestlé appoints Joëlle Abega the first female factory Manager in Central and West Africa
Nestlé Côte d’Ivoire’s Joëlle Abega-Oyouomi is one such example. She is the first-ever female factory manager in Nestlé Central and West Africa.


16-09-2020 | 07:20:23
World Bank sets ambitious targets for green and resilient economic growth in Africa
The World Bank released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes.


16-09-2020 | 06:22:37
AngloGold Ashanti receives unconditional approval to sell its South African mines
AngloGold Ashanti announced that all conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold Mining Company.


15-09-2020 | 15:18:36
Lumos secures $35 million solar investment to power one million people in Nigeria
Lumos, Africa's solar home system provider, has announced new financing from U.S. International Development Finance Corporation (DFC) to expand its existing market for reliable, accessible and clean solar power in Nigeria.


15-09-2020 | 09:09:00
Hapag-Lloyd expands its footprint in West Africa, opens office in Nigeria
German international shipping and container transportation company Hapag-Lloyd has expanded its footprint in West Africa by opening a new office in Lagos, Nigeria.


15-09-2020 | 07:29:41
Air Partner opens new freight office in South Africa
Air Partner, a charter and Freight solutions specialist, has established its first physical presence in South Africa, with a Johannesburg sales office that will provide localised support to Freight clients within the region.


15-09-2020 | 07:25:57
Bollore Transport & Logistics appoints Pierre Ngon as MD of Benin and Niger
Pierre Ngon has assumed the charge as managing director of the Benin/Niger cluster of Bollore Transport & Logistics. He succeeds Jerome Binois.


 


 
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