Year 7 | Edition 1 | 24 January 2020

Unilever Nigeria appoints Carl Cruz Managing Director

The Board of Unilever Nigeria Plc has appointed Carl Cruz as its new Managing Director to takes over the management and leadership of the company effective 1st February 2020.

Cruz is taking over from Adesola Sobande-Peters who was appointed interim director following the resignation of Yaw Nsarkoh in November. He is currently the Chairman of Unilever Sri Lanka. He holds a Bachelor of Science degree in Marketing from De La Salle University, Philippines...

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[Zambia] Mobe Sugar set to open $166 million sugar refinery plant

Mobe Sugar Company, a wholly owned Zambian private manufacturing company has initiated talks with Luanshya Municipal Council, North-Central Zambia on opening a sugar refinery and auxiliary factories in the district worth over $166 million.

Company Board Chairperson Tarcisio Chanda said his company is in the process of sourcing $554 million to finance the sugar manufacturing project, which also includes a 17,000 hectares sugar estate to be established on the banks of the Kafue...

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[Nigeria] 9mobile launches Artificial Intelligence customer assistant

Nigeria’s telecommunication company 9mobile has reaffirmed its commitment to a superior experience for its customers with the launch of 'Enin', a personal digital customer assistant on the 9mobile network.

'Enin', an Artificial Intelligence-enabled chatbot solution, is the first-of-its-kind by any Nigerian telco which provides virtual assistance to customers and interacts with them as a human would. According to Acting Director, Customer Care, 9mobile, Ehimare Omoike, 'Enin' performs several roles such as...

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Improving digital access offers investors opportunity to achieve SDGs in Africa, Standard Chartered

Opportunity2030: The Standard Chartered SDG Investment Map reveals a $197 billion opportunity for private-sector investors in five high-growth markets in Africa to help achieve the UN’s Sustainable Development Goals (SDGs), with improving digital access making up $74.5 billion of that total.

The study highlights opportunities for investors to contribute to three infrastructure-focused goals between now and 2030: SDG 6: Clean Water and Sanitation, SDG 7: Affordable and...

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African tech startup funding hits $491m in record-breaking 2019, Disrupt Africa report

2019 was the best year yet for investment into the African tech startup space, with 311 companies banking a combined US$491.6 million.

This is according to the annual African Tech Startups Funding Report 2019 released by startup news and research portal Disrupt Africa, which is now in its fifth year. The report, which tracks the total amount of funding raised by African tech startups each year, found the number of startups that secured investment increased by more than 50 per cent on 2018...

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[Interview] Clément Uwajeneza, Country Director, Andela, Rwanda

Clément Uwajeneza is leading the Rwandan arm of Andela's international organization of software engineers in Africa. Africa Business Communities has a brief chat with him.

What does Andela do?

Andela is an engineering-as-a-service business that builds distributed engineering teams quickly and cost-effectively. We build distributed engineering teams with Africa’s top software engineers; we currently have 1,000+ engineers working as full-time, embedded members of development teams at...

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[Column] Dominique Collett: South African fintech in 2020 - what can we expect?

Fintech is rapidly transforming the very essence of global financial services. Here at AlphaCode, we spend a lot of time researching and thinking about how technology, social media and a transforming consumer base is enabling new business models and changing the financial services landscape.

AlphaCode is the Rand Merchant Investment Holdings (RMI) incubation, acceleration, and investment initiative that identifies, partners, and grows early stage financial service...

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[Startup Interview] George Kissinger Adem, CEO, House of Kissinger, Kenya

George Kissinger Adem is the Founder and CEO of House of Kissinger (HOK) a Kenyan online lifestyle management platform that connects Tourists/VIPs/Expatriates to their favourite luxury and essential goods & services.

Kindly give us a brief introduction of your startup and what it does?

House of Kissinger is a lifestyle management platform that outsources personal tasks to notable firms and individuals. We work to give our clients the utmost quality, convenience, privacy and efficiency when undertaking personal tasks...

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[Column] Avinash Ramtohul: Artificial Intelligence gaining grounds in Africa?

Artificial Intelligence (AI) brings a whole new dimension to the drive for customer intimacy. The convenience customers experience weighs heavier than any reduction in privacy. Customers also increasingly express their willingness to welcome intimacy, motivated by improved personalized services.

There are two trends we see emerging with the delivery of customer service: Customer privacy and Customer intimacy. Digital customer intimacy (commonly known as customer...

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Africa Business Communities Networking Event | Nairobi | 13 February 2020

Africa Business Communities is open for networking! Every last Thursday of the month you are welcome to meet our team and network. This edition Africa Business Communities founder Bas Vlugt will join us.

Please note: this is an open, informal, non-sponsored networking event. There will be no program - so no waste of time - this is pure business networking. You will be...

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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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Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

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