Year 7 | Edition 3 |12 February 2020
 

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.

Positioning itself as the B2B PR Agency for Africa – and the world, the agency is leveraging on its extensive segmented reach of professionals across the continent and beyond, together with its team of influencers with solid background in media, PR and digital media and its host of digital tools to...

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[Nigeria] Aella raises $10 million debt finacing to deepen financing to underbanked in West Africa

Focused on improving financial inclusion for West Africa’s low-income segment, a Nigerian fintech start-up, Aella has raised a $10m debt financing round, from HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments.

This debt financing round is Aella’s second raise and will bolster the company’s commitment to serve the underbanked population in West Africa and other emerging markets...

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Business interruption top peril for companies in Tanzania, Allianz Risk 2020 survey

Business Interruption (67% of responses) ranks as the most important business risk in Tanzania as larger and more complex BI losses continues unabated.

Causes are becoming ever more diverse, ranging from critical infrastructure blackouts, fire, explosion or natural catastrophes to digital supply chains or even political violence.  Changes in legislation and regulation (#2 with 61% of responses) and Climate change (#6 with 17%) underline the...

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Cloud usage drives cybersecurity spending, SANS 2020 report

The rapid migration to cloud-based technologies is the biggest disrupter worldwide of operations and a key driver when organisations plan their spending increases, according to the results of the latest SANS 2020 Cybersecurity Spending Survey.

“The SANS survey showed that rapid movement of corporate services and business applications to cloud-based technology is the biggest factor causing breakage in existing security architectures as well as driving most new security spending...

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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.

The EBRD funds will be extended as subloans to local companies that plan to invest in energy and resource efficiency measures and develop their participation in regional value chains. Energy efficient solutions will help SMEs to increase their competitiveness and access new markets...

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[Startup Interview] Emmanuel Ashirifi, Founder, BDN-Africa, Ghana

Emmanuel Ashirifi is the founder of Ghana-based startup BDN-Africa that is creating systems and processes to ease doing business across Africa therefore fostering integration.

Tell us about BDN-AFRICA  and your role in it

BDN-AFRICA is an exclusive community of top business professional across Africa who have interest in doing business across the continent. Our objective it to create ease of doing business which in turn should enhance regional integration and eliminate the potential difficulties within our control...

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[Startup Interview] Mutembei Kariuki, CEO, Fastagger, Kenya

s more companies and institutions in Africa leverage onthe power of Artificial Intelligence to accelerate growth,  Fastagger a Kenyan startup is accelerating AI applications by providing access to high quality data enhanced by human interaction. The company’s CEO and co-founder Mutembei Kariuki explains.

Give us a brief introduction of your company?

Fastagger is an AI as a service platform that provides image annotation services to AI driven companies. Our goal is to accelerate AI applications by providing access to high quality...

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[Startup Interview] George Ugwuja, Founder, CapitalPower Multimedia, Nigeria

CapitalPower Multimedia Ltd is a Nigeria-based multimedia startup whose core services include photography, videography, documentary production, drone services, animation, graphic design and prints.

George Ugwuja the founder talked to Africa Business Communities about the startup’s model and plans to capture the expansive Nigeria multimedia market that serves over 200 million people...

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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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Wanted: African Startups for Interviews

Africa Business Communities is conducting a series of interviews with startup businesses in Africa. Are you a startup in Africa and interested in an interview? Great! Send an e-mail to bas@africabusinesscommunities.com

These are some of the Startup Interviews that we have published in the past few months...

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News Headlines

31-03-2020 | 07:42:00
[South Africa] Sasol, government partner to produce unique blend of alcohol-based chemicals for hand sanitisers
Sasol has partnered with the government to develop a new unique blend of alcohol-based chemicals to be used in manufacturing of hand sanitisers to help address the increase in market demand for the product.


31-03-2020 | 06:56:00
BADEA allocates $100 million to assist Sub-Saharan Africa fight against COVID-19
The Arab Bank for Economic Development in Africa (BADEA) has allocated $100 million to support Sub Saharan African countries’ efforts to prevent and limit the spread of COVID-19.


30-03-2020 | 14:10:00
Plans underway to acquire new COMESA headquarters
The Yellow Card Scheme has committed US$ 3.6 million towards the acquisition of the proposed new headquarters of COMESA.


30-03-2020 | 13:58:00
[South Africa] Absa launches extensive COVID-19 payment relief programme
As South Africa and the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Group is rolling out an extensive relief programme for eligible customers impacted by COVID-19.


30-03-2020 | 12:03:00
Afreximbank's $3-billion facility to cushion impact of COVID-19
The Afreximbank has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility to help African countries deal with the economic and health impacts of the COVID-19 pandemic.


30-03-2020 | 11:39:00
African Development Bank launches $3 billion “Fight COVID-19” Social Bond
The African Development Bank has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.


30-03-2020 | 11:07:42
[South Africa] Standard Bank extends instalment relief measures to personal account customers
The Standard Bank has announced a second wave of relief to help its customer base navigate financial commitments as Covid-19 continues to impact the livelihood of many individuals across the country.


27-03-2020 | 08:18:58
South African Airways Acting CEO retires early
The Board of Directors at the South African Airways (SAA) announced it has accepted the request from Ms Zuks Ramasia, SAA Acting CEO, for early retirement with her last date of employ being14 April 2020.


27-03-2020 | 08:00:00
World Bank supports Madagascar's investment in human capital
The World Bank approved a $100 million development policy operation to support the Government of Madagascar’s investment in human capital.


27-03-2020 | 07:42:00
EAIF adopts IFC Master Cooperation Agreement to boost growth, jobs in Sub-Saharan Africa and MENA
The Emerging Africa Infrastructure Fund (EAIF) became the 34th development finance institution to join IFC’s Master Cooperation Agreement to collaborate on expanding private sector investments in African and Middle East infrastructure.


26-03-2020 | 14:20:00
Air Seychelles receives new A320neo aircraft to boost operations
Air Seychelles has announced that the airline has taken delivery of its new A320neo aircraft registered as ‘S7-PTI’.


26-03-2020 | 12:15:00
[South Africa] JSE aligned essential services as country prepares for national lockdown
As South Africa prepares for a national lockdown tonight due to the COVID-19 pandemic, the Government has identified the JSE as an essential service required to enable smooth functioning of the markets during the 21-day lockdown period.


26-03-2020 | 10:37:00
Vaalco completes drilling program offshore Gabon
Vaalco Energy has announced the completion of its 2019/2020 drilling program in the Etame Marin permit located offshore Gabon.


26-03-2020 | 09:25:00
IATA urges African and Middle Eastern governments to give airlines emergency support
The International Air Transport Association is appealing to governments in Africa and the Middle East to provide emergency support to airlines as they fight for survival as a result of the COVID-19 crisis.


26-03-2020 | 09:23:00
Ford temporarily suspends production in South Africa in response to coronavirus
Ford Motor Company is temporarily suspending vehicle and engine production at its International Markets Group (IMG) manufacturing sites in response to the growing impact of the coronavirus.


 

 
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Publisher/Editor in Chief: Bas Vlugt

Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

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