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

17-02-2020 | 11:04:00
[Nigeria] Jaiz Bank declares N1.79b profit
Jaiz Bank, Nigerian non-interest Sharia-compliant financial institution, has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange.


17-02-2020 | 09:09:00
Royal Air Maroc and British Airways sign codeshare agreement
British Airways and Royal Air Maroc have announced a new codeshare agreement which will open up new routes across Morocco including Casablanca and Agadir.


14-02-2020 | 13:27:00
IFC helps Egypt's microfinance company build capacity, boost outreach
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.


14-02-2020 | 13:11:00
[Nigeria] Airbus and Green Africa Airways sign agreement for 50 A220s aircraft
Nigeria’s Green Africa Airways, has signed an MoU for 50 A220-300 aircraft, one of the largest orders to be placed globally for the A220 programme and the largest ever from the African continent.


14-02-2020 | 08:30:00
African airlines see passenger demand increase by five percent, IATA report
The International Air Transport Association announced full-year global passenger traffic results for 2019 showing that demand rose by 4.2% compared to the full year of 2018.


14-02-2020 | 06:41:00
Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.


13-02-2020 | 13:55:00
[Egypt] EGAS signs $43m oil exploration deal with Wintershall Dea
The Minister of Petroleum and Mineral Resources Tarek el-Molla has signed an agreement to search for and produce oil and natural gas in eastern Damanhur area in the Nile Delta.


13-02-2020 | 13:37:00
[Nigeria] Auto sector attracts N360b investment in 2019
The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over N360 billion investments into the country’s economy in year 2019.


13-02-2020 | 09:41:00
Accor set for expansion in Ethiopia
Accor, a leading augmented hospitality group, is expanding its presence in Ethiopia after signing a management agreement to open a new property under its design-led economy brand, Ibis Styles.


13-02-2020 | 09:37:00
DRC Government and General Electric sign infrastructure agreement
The Government of the Democratic Republic of the Congo and General Electric have announced signing of an MoU in infrastructure projects enabling the increase in the supply of electric energy and health modernization programs.


13-02-2020 | 08:00:00
[Kenya] Jeneria Lekilelei, lion hunter turned conservationist
Jeneria Lekilelei, a Samburu pastoralist from Kenya has been the face behind protecting lions in the Northern Kenya sanctuary.


13-02-2020 | 06:01:22
Andersen Global enters Republic of Guinea’s market
Marking its debut in the Republic of Guinea, Andersen Global announced the continuation of its African expansion by way of a collaboration agreement with Nimba Conseil, a tax and legal firm based in Conakry.


12-02-2020 | 10:40:00
Somalia, UNESCO sign accord to strengthen efforts to preserve culture, improve education
Somalia and the United Nations culture and education agency signed an agreement aimed at strengthening efforts to preserve the country’s cultural heritage and improve its educational sector.


12-02-2020 | 05:04:00
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


11-02-2020 | 14:26:00
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.


 

 
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Africa CEO Network NEWS is a publication of Africa Business Communities
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Publisher/Editor in Chief: Bas Vlugt

Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

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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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