Year 7 | Edition 6 | 3 March 2020
 

Offshore Network publishes Nigeria Well Intervention Forecast

Offshore Network has published the report Nigeria Well Intervention Forecast.

Key features include:

Regulations: See how to position yourself to take advantage of an uplift in activity as the Nigerian government puts well intervention at the forefront of production plans

Production rates: Understand how well intervention can best serve the Nigerian market and what regulators regard as the important issues workovers can solve to optimize recovery...

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Understanding VPN’s and their benefits

Africa is an internet freedom friendly continent with countries like Kenya, Nigeria and South Africa dubbed as a silicon Savanna and the next tech investment capital in the world. 

So many African countries don’t seem to be engaging in online censorship, and this is really impressive. This creates an enabling ground for Africans to thrive and enter international markets. Using Virtual Private Networks (VPNs) has been accepted in Africa and across the world as the demand for...

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Somalia, African Development Bank Group sign agreement for arrears clearance support

Somalia‘s Minister of Finance, Dr. Abdirahman Beileh and the African Development Bank‘s Vice President for Regional Development, Integration and Business Delivery, Khaled Sherif  signed a $122.55 million grant agreement to advance Somalia’s national development agenda, consolidate peace and ensure inclusive economic growth and poverty reduction.

The signing follows the approval on February 26 by the Bank’s Board, of Somalia’s Arrears Clearance framework and a Policy Based Operation, and is the second stage of a process that...

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BajabulileTshabalala appointed AfDB acting senior Vice President

The President of the African Development Bank Group, Dr. Akinwumi Adesina is pleased to announce the appointment of Ms. Bajabulile “Swazi” Tshabalala as Acting Senior Vice President of the Bank with immediate effect.

Ms. Tshabalala, currently the Vice President for Finance and Chief Finance Officer for the African Development Bank Group, joined the Bank on August 1, 2018. Ms. Tshabalala will replace, in this acting capacity, Mr. Charles Boamah, the...

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Ghana in the process of setting up cocoa sensory evaluation and bean quality laboratory

The Ghanaian government has partnered with Glico TCHO, a Japanese food company which produces chocolates and confectioneries, to set up the first ever Sensory Evaluation & Bean Quality Laboratory and a Quality Training Centre at Akyem Tafo in the Eastern Region.

The Laboratory and Training Centre when completed, will be the first ever flavour testing laboratory in Africa. The project, which is to be completed in 6 months’ time will be fully... 

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[Startup Interview] Babatunde Akin-Moses, CEO, Sycamore, Nigeria

Babatunde Akin-Moses is the CEO of Sycamore a Nigerian company offering peer to peer lending while connecting lenders to borrowers.

Tell us about Sycamore

Sycamore is a peer to peer lending platform which connects lenders to borrowers. Our purpose is to ensure that individuals and businesses across the developing world are financially empowere to achieve their dreams. My role as the CEO of Sycamore, is to ensure that we fufill this purpose...

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[Column] NJ Ayuk: We must not jeopardize Africa’s future in the name of fighting climate change

Pressure is building to phase out fossil fuels in Africa to fight climate change. Organizations ranging from the World Bank to the European Investment Bank (EIB) have dropped support for African fossil fuel production in hopes of encouraging a transition from oil, gas and coal to sustainable energy sources like wind and solar power.

Now there are legitimate concerns that investor support for oil and gas production will dwindle as well. Blackrock, which controls $7 trillion in investments, and the Royal Bank of...

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[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa

PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses, while building sustainable digital communities around their brand. The CEO Rich Cheary elaborates.

Tell us about PT SportSuite and your role in it.

PT SportSuite is a start-up “spin-off” from parent company Publisher’s Toolbox. As Publisher’s Toolbox CEO, the opportunity to enter the sports fray and apply the...

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[Column] Samantha Naidoo: Four strategic priorities for African telco operators in 2020

African telco operators face a landmark five-year period as they strive to reimagine their business models and build new capabilities that will ensure their future success.

Currently, non-traditional market entrants are putting pressure on telco operators’ profit margins, forcing them to look at ways of quickly delivering new services to meet customer demands. The introduction of telco operator -enabled IoT networks and the upcoming rollout of 5G is also...

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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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Publisher/Editor in Chief: Bas Vlugt

Editors: Bob Koigi, Nixon Kanali, Andrea Ayemoba

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