Year 7 | Edition 4 |19 February 2020
 

US-Kenya deal could spur regional value chains, Former US negotiator

A trade deal with the U.S. could help both Kenya and its neighbors in the East African Community by fostering the development of regional value chains, according to a former U.S. trade official.

“I think it’d be really fascinating as we go forward with this U.S.-Kenya FTA to see what’s going to be possible not just for Kenya but for other African countries in various sectors,” Florie Liser, a former assistant U.S. Trade Representative for Africa who now heads the Corporate Council on Africa. While at...

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South Africa institutions partner to tackle challenges faced by new age farmers

Kagiso Trust, AFGRI Agri Services and Potatoes South Africa (PSA) have signed an agreement to address challenges faced by South Africa's new era of farmers.

The agreement will provide sustainable solutions for farmers access to technical support, access to finance and access to markets. Whilst initially focused on potato farming in South Africa, with the aim of establishing commercial new era potato farmers, the solution will not be limited to potatoes in the...

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SunFunder, Daystar Power partner for energy investment in Nigeria

SunFunder has made its first investment in Nigeria, part of a facility of up to $4m with commercial and industrial (C&I) solar developer, Daystar Power.

SunFunder’s debt financing for up to 3MW of C&I projects for clients including top tier financial institutions and other small and medium-sized enterprises will mitigate over 100,000 tons of CO2 emissions annually. Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural...

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SAP Co-Innovation Lab, Converge Solutions tech platform delivers healthcare solution for African hospitals

Complex business models, combined with immense pressure to deliver great patient experiences and outcomes, has African healthcare providers turning to technology to improve their operational efficiency and automate back-office operations.

This task is now far less daunting with the launch of a new technology platform designed by Converge Solutions and the SAP Co-Innovation Lab specifically for the African healthcare market. “Healthcare providers are under increasing pressure...

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Global peer-to-peer bitcoin marketplace Paxful bullish on Africa for 2020

Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.

With millions of users globally and Africa being the fastest-growing region, Paxful reported that the company processed almost $1.6 billion (R23 billion) in trade volume globally in 2019; the result of a steady increase of 25%+ trade volume...

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[Column] Tamara Parker: Digitization, unemployment and the future of work in South Africa

In less than a month, South Africa has witnessed a massive wave of rentrenchments, as companies across multiple sectors have announced job cuts running into almost 10,000.

Some of these include network operator Telkom SA, Walmart-owned retailer Massmart,Arcelormittal, Africa’s biggest steel company, Pharmaceutical giant Aspen, and miner Samancor Chrome. With a third of the country’s labour force made up of jobseekers – unemployment rates stood at a staggering 29...

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[Startup Interview] Peter Anowie, CEO, Kolics Company, Ghana

Ghana-based startup Kolics Company Limited has been in the business of manufacturing ecofriendly footwear from recycled materials since 2017. It has been working with the youth as a way of addressing unemployment and encouraging them to take care of the environment. Peter Anowie, the startup’s CEO elaborates.

Give us a brief introduction of Kolics Company Limited?

Kolics Company Limited is a social enterprise that owns the Koliko Wear brand. It was established in Takoradi-Ghana in 2017. It provides customers with quality and affordable...

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[Column] Baljeet Nagi: Four important steps for delivering an Industry 4.0 factory and supply chain

Also referred to as the next industrial revolution, Industry 4.0 is synonymous with smart technologies such as artificial intelligence (AI), cloud computing, blockchain, the Internet of Things (IoT), and more.

It is expected to drive efficiencies and increase competitiveness in the manufacturing industry via faster, more agile internal processes and supply chains. In Africa, several developments (such as the adoption of the African Continental Free Trade Agreement by 44 countries across the continent...

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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

19-09-2020 | 11:15:00
Qatar Airways increases more African services
Qatar Airways is to resume services to Entebbe, Seychelles, and Windhoek, as well as many more global destinations.


19-09-2020 | 06:02:00
AfDB approves $500k emergency relief to boost clean-up of marine oil spill in Mauritius
The Board of Directors of the African Development Bank has approved a $500,000 emergency assistance grant to support international recovery efforts after a significant oil spill earlier this year off the coast of Mauritius.


18-09-2020 | 07:42:08
[South Africa] Edcon concludes sale for parts of Edgars business to Retailability
Edcon announced that the sale of parts of the Edgars business in South Africa to Retailability has been implemented, with all approvals from regulatory authorities and all conditions precedent either fulfilled or waived.


17-09-2020 | 15:59:00
BrightLife appoints Laurynas Vaičiulis CEO of Uganda
BrightLife, a social enterprise by FINCA International, has announced the appointment of Laurynas Vaičiulis as Chief Executive Officer.


17-09-2020 | 14:21:00
Kenyan Government partners with private sector, development partners to outline roadmap to achieve energy efficiency goals
The Kenyan Government through the Ministry of Energy launched the Kenya National Energy Efficiency and Conservation Strategy, placing Kenya firmly on track toward sustainable consumption and production including renewable energy generation.


17-09-2020 | 06:56:00
South Africa's influencer marketing agency R-Squared formally partners with syndicated agencies
R-Squared, South Africa's influencer marketing agency announced a formal partnership with industry leaders such as iProspect and Posterscope of the international Dentsu Aegis Network.


17-09-2020 | 06:37:00
Traceable, commercially viable artisanal gold supply chain now operational in Côte d’Ivoire
After a first export of gold, IMPACT and the European Union announced a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold project.


17-09-2020 | 06:26:00
Global and African leaders welcome launch of Global Center on Adaptation (GCA) Africa
The Global Center on Adaptation (GCA) Africa announced the launch of its regional office in Côte d’Ivoire. Hosted by the African Development Bank at its headquarters in the Ivorian capital Abidjan, GCA Africa will work with partners across the continent.


16-09-2020 | 07:58:00
Nestlé appoints Joëlle Abega the first female factory Manager in Central and West Africa
Nestlé Côte d’Ivoire’s Joëlle Abega-Oyouomi is one such example. She is the first-ever female factory manager in Nestlé Central and West Africa.


16-09-2020 | 07:20:23
World Bank sets ambitious targets for green and resilient economic growth in Africa
The World Bank released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes.


16-09-2020 | 06:22:37
AngloGold Ashanti receives unconditional approval to sell its South African mines
AngloGold Ashanti announced that all conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold Mining Company.


15-09-2020 | 15:18:36
Lumos secures $35 million solar investment to power one million people in Nigeria
Lumos, Africa's solar home system provider, has announced new financing from U.S. International Development Finance Corporation (DFC) to expand its existing market for reliable, accessible and clean solar power in Nigeria.


15-09-2020 | 09:09:00
Hapag-Lloyd expands its footprint in West Africa, opens office in Nigeria
German international shipping and container transportation company Hapag-Lloyd has expanded its footprint in West Africa by opening a new office in Lagos, Nigeria.


15-09-2020 | 07:29:41
Air Partner opens new freight office in South Africa
Air Partner, a charter and Freight solutions specialist, has established its first physical presence in South Africa, with a Johannesburg sales office that will provide localised support to Freight clients within the region.


15-09-2020 | 07:25:57
Bollore Transport & Logistics appoints Pierre Ngon as MD of Benin and Niger
Pierre Ngon has assumed the charge as managing director of the Benin/Niger cluster of Bollore Transport & Logistics. He succeeds Jerome Binois.


 

 
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