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

26-04-2024 | 19:20:00
[Free Webinar] Supply Chain Resilience in Africa: Navigating Global Manufacturing and FX
Join the experts at this comprehensive webinar exploring the intricacies of supply chain management and payment dynamics in African markets.


26-04-2024 | 12:08:00
Nexgen Packaging opens African headquarters in Nairobi, Kenya
Nexgen Packaging,  a global provider of apparel brand identification and packaging products, has announced the grand opening of its African headquarters in Nairobi, Kenya. 


24-04-2024 | 09:26:28
MTN selects M&C Saatchi Abel as its global marketing partner
M&C Saatchi Abel was selected following a meticulous process for their expertise in fostering growth and enhancing brand value for multinational corporations.


23-04-2024 | 12:31:19
Ethiopian Airlines launches a new service to Warsaw, Poland
The new route, ET 764 from Addis Ababa to Warsaw via Athens, will operate on Mondays, Wednesdays, Fridays, and Sundays. Return flight ET 765 from Warsaw to Addis Ababa via Athens will  on Mondays, Tuesdays, Thursdays, and Saturdays.


19-04-2024 | 13:45:33
[South Africa] Johannesburg Stock Exchange proposes amendments to listing requirements
As part of its continued commitment to creating an enabling environment for listed companies, the JSE has announced the proposed amendments to its Listings Requirements to introduce the Market Segmentation Project aimed at the smaller issuers on the Main Board of the exchange.


17-04-2024 | 09:14:46
The Radisson brand enters Cape Town with the newly rebranded Radisson Hotel Cape Town Foreshore
Radisson Hotel Group brings the renowned Radisson brand to South Africa's "Mother City" with the rebranding of Park Inn Cape Town Foreshore to Radisson Hotel Cape Town Foreshore.


17-04-2024 | 07:10:00
The evolutionary journey of fruit slots in the gaming industry
Social media and collaborative gaming platforms added a new dimension to the gaming industry. Now players can share their successes, participate in tournaments, and challenge friends to competitions, adding elements of social interaction and competition.


16-04-2024 | 16:14:00
[South Africa] Volkswagen announces R4 billion investment in Kariega plant
The changes being made in preparation for the production of the new SUV also affords training and upskilling opportunities for Volkswagen Group Africa’s production employees.


12-04-2024 | 16:12:00
Global asset manager Rohatyn Group sells South Africa-based Portfolio Company BevCo to Varun Beverages 
The company operates five manufacturing facilities across South Africa with an installed capacity of 3,600 bottles per minute


11-04-2024 | 16:18:33
South African used car platform WeBuyCars lists on the Johannesburg Stock Exchange
WeBuyCars, a prominent and recognised brand within the pre-owned motor vehicle market, established over 23 years ago, has listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code "WBC."


10-04-2024 | 19:33:00
Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.


09-04-2024 | 14:13:00
Kenya Airways launches direct flights to Maputo, Mozambique 
The expansion takes flight from 14th June 2024, further solidifying KQ's commitment to strengthening its network and offering seamless travel experiences across the continent. 


05-04-2024 | 17:11:35
Global merchandising firm SPAR Group announces sale of interest in South Africa
These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.


05-04-2024 | 17:07:30
Surf Air enters deal to supply electric powertrains to Tanzanian Cessna caravan operator Auric Air
Surf Air now has approximately 13% of the Cessna Caravan market in Africa under agreement to upgrade to its electrified powertrains, once certified.


04-04-2024 | 15:57:00
Nakonde Border Post upgrade boosts trade between Zambia and Tanzania
Funded by the UK government, the ZMK 197 million (£7.1 million) project will improve the flow of goods and people along the Dar es Salaam Corridor, promising to streamline operations and reduce cargo clearance times by more than 100% on both sides of the border.


 

 
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