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

03-07-2020 | 14:27:00
Ecobank Group spearheads new private sector initiative to end malaria in Africa
Ecobank Group has announced its commitment to support ending malaria, launching the first-of-its-kind Zero Malaria Business Leadership Initiative in partnership.


03-07-2020 | 12:51:00
African Development Bank concludes $116m investment in Nedbank SDG-linked bonds
The African Development Bank Group has concluded the investment of R2 billion ($116 million) in Sustainable Development Goals-linked bonds (SDG bonds) issued by Nedbank South Africa.


03-07-2020 | 11:20:00
MultiChoice joins the UN as official African media supporter for global COVID-19 campaign
The MultiChoice Group has become an official supporter of the United Nations’ global COVID-19 awareness campaign Pause which launched globally on 30 June.


03-07-2020 | 11:15:00
DRC government and TMEA set to begin construction of the One Stop Border Post at Mahagi
The Government of the Democratic Republic of Congo and TradeMark East Africa (TMEA) are working on the construction of the One-Stop Border Post (OSBP) at Mahagi in Ituri Province, on the border with Uganda.


03-07-2020 | 06:26:00
African Development Bank joins WTO, other MDBs to support trade finance amid COVID-19 crisis
The African Development Bank has joined the World Trade Organisation (WTO)and other multilateral development banks (MDBs) to reduce trade finance gaps that emerge as a result of the COVID-19 pandemic.


02-07-2020 | 14:27:00
Nile University Nigeria joins Honoris United Universities’ pan-African network
Honoris United Universities has announced its expansion into West Africa by welcoming Nile University of Nigeria, known for its strong academic credentials and best-in-class faculties, into the network.


02-07-2020 | 09:06:00
Portable solar power system boosts COVID-19 testing in Zambia
First Aid Africa and Renovagen Ltd have announced the success of a rapid response project to support testing operations in the fight against the COVID-19 pandemic in Zambia.


02-07-2020 | 09:05:35
Africa becoming a dumping ground for obsolete and inefficient air conditioners, report
A new report on environmental dumping finds that 35 per cent of the room air conditioners sold in many of Africa’s largest countries do not meet minimum energy efficiency standards in their countries of origin.


02-07-2020 | 07:23:10
South Africa switches to Argus-related pricing for LPG
The South African Department of Mineral Resources and Energy (DMRE) has switched to a new formula for calculating official domestic liquefied petroleum gas (LPG) prices.


01-07-2020 | 14:18:00
Barclays receives nod to offer private banking services in South Africa
Barclays has been granted a Financial Advisory and Intermediary Services (FAIS) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.


01-07-2020 | 10:31:00
IFC supports Standard Bank of South Africa expand lending to SMEs during COVID-19
IFC announced a $185 million loan to The Standard Bank of South Africa to help it expand its COVID-19 lending program to small and medium-sized enterprises and corporates affected by the pandemic.


01-07-2020 | 10:23:00
IFC, IFU and PROPARCO provide $108.5m to improve healthcare in Egypt and Morocco
IFC, IFU and PROPARCO are providing an equity financing package of up to $108.5 million to Humania, a private healthcare company, to help improve medical care in Egypt and Morocco.


01-07-2020 | 10:10:00
Oceaneering awarded inspection services scope in Angola from CABGOC
Oceaneering International announced its Asset Integrity group has secured a three-year contract in Angola with Cabinda Gulf Oil Company Limited (CABGOC), a Chevron subsidiary.


01-07-2020 | 09:54:00
Eni successfully drills first exploration well offshore Egypt
Eni, BP and Total have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush.


01-07-2020 | 09:35:25
UNCTAD, ITC and WTO roll out tool to help businesses trade better
Businesses now have free access to a one-stop shop with the information they need to trade effectively as the global economy recovers from the effects of the coronavirus crisis.


 

 
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Colofon:

Africa CEO Network NEWS is a publication of Africa Business Communities
www.africabusinesscommunities.com

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Publisher/Editor in Chief: Bas Vlugt

Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

Send your press releases to: info@africabusinesscommunities.com


Africa Business Communities is a Digital B2B Publisher that enables companies and organizations to connect with African Business Professionals. Africa Business Communities supports doing business in Africa by recruitment services, custom media productions and market research. Africa Business Communities is the largest player on LinkedIn in Africa.

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