Year 6 | Edition 40 | 12 December 2019
 

Senegal leads opportunity boom in the MSGBC Basin

In the context of what PwC's Africa oil & gas review 2019 describes as an exciting growth phase for the continent fueled by large oil and gas discoveries and subsequent increased investor appetite, the MSGBC Basin shines through one of the most exciting areas of frontier exploration in the region. 

Read on to find out how recent discoveries and a stable operating environment is steadily allowing Senegal to guide the world's attention to the MSGBC Basin and establish its...

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Global investment firm Partech announces its 2019 milestones and investment in African fintech startups

Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar has announced the completion of eight transactions, six new deals and two follow-on investments in 2019. 

The firm, which also this year announced its presence in East Africa has also deployed according to target mostly on Series A & B, half of these tickets ranging between $3M and $7M. It has also ventured in late seed with two companies impressed with the quality of their founders and their early...

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Paratus is first to bridge Africa from East to West

Paratus, a leading telecoms operator with operational offices in six African countries, is the first telecoms operator to bridge Africa from East to West.

The company has now implemented additional routes for redundancy and is in the process of an aggressive rollout plan, building even more routes across the region to ensure maximum uptime for clients using this route. The company reported in August 2019 that it had finally completed a terrestrial East and West coast of Africa connection between...

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Zambia, Uganda farmers grow yields three fold with drought tolerant maize

Zambia’s vice-president has recently called to reduce maize dominance and increase crop and diet diversification in his country. The reality is that maize is and will remain a very important food crop for many eastern and southern African countries.

Diet preferences and population growth mean that it is imperative to find solutions to increase maize production in these countries, but experts forecast 10 to 30% reduction in maize yields by 2030 in a business-as-usual scenario, with...

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JUA Technologies and BrazAgro to distribute solar-drying tray in East Africa

JUA Technologies International, a Purdue University-affiliated startup developing solar-powered crop-drying devices, is partnering with BrazAgro Ltd., a supplier of Brazilian farm machinery, to distribute its solar-drying tray.

Dehytray is a solar-drying solution for small and mid-size growers and food processors and home gardeners. Its convenient size and ease of use are backed by years of research into drying technology. It is durable, approved for...

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[Interview] Jerry Oche, CEO, Growsel, Nigeria

Growsel is a Nigeria based Agritech startup that is working with farmers to simplify activities from farm to folk using ICT.

The startup is also involved in peer-to-peer lending and crowdfuding to create opportunities that will empower and support to local farmers...

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[Column] Josephine Wawira: How Black Friday is giving Africa's economy a lift

It is quite phenomenal how in recent years, both e-commerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November.

 If you drove around the streets of Nairobi, Lagos and Johannesburg for instance, the number of billboards showing discounted Black Friday sales, as well as digital advertisements, are proof of the retailers’ craze to maximize...

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[Column] Jeremy Potgieter: South Africa’s five-year goal for IoT

In five years, the world will have more than 40 billion devices. Locally, IoT specialist, Eseye, says that South African CIOs are recognising IoT (Internet of Things) and M2M (Machine to Machine) technologies as strategic imperatives, but the journey is still in its infancy.

“As legacy systems start to reach end of life, digital shifts will become inevitable. This, coupled with an increasing demand for improved bottom line results from existing and new markets, makes IoT a more viable option over the next five...

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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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