Year 7 | Edition 8 | 08 November 2020

Huawei, rain and Wits University open Africa’s first 5G Innovation Lab

Huawei, rain and Wits University have jointly launched South Africa’s and Africa’s first 5G laboratory, which gives students access to a live 5G environment to build knowledge of the revolutionary technology’s applications for the local market.

The 5G Innovation Lab, situated at the Wits Tshimologong Digital Innovation Precinct, is part of a longer-term joint innovation programme between business and the leading academic institution. It is aimed at driving innovations to...

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UNCDF invests in Tanzania's Mpale solar power mini grid project

UNCDF has invested in development projects aimed at expanding access to affordable, reliable, and clean energy, investing in a 50kW solar power micro grid project in Mpale Village, Tanzania.

Access to affordable and reliable electricity is vital for Tanzania's attainment of its socio-economic goals. Access to electricity is specifically difficult in Tanzania’s north eastern village of Mpale in Korogwe District, where the mountainous terrain poses a technical challenge in deploying grid lines...

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Climate Fund Managers, Eos Capital invest $60m for Namibia’s Kelp Blue farm project

Climate Fund Managers (CFM) and Eos Capital announced a partnership between Climate Investor Two (managed by Climate Fund Managers), Kelp Blue and the Namibia Infrastructure Development and Investment Fund (NIDIF), managed by Eos Capital, for the commercial development of world’s first large-scale kelp farm.

Investment of approximately $60 million will be required over a five-year period. This will be funded by both international and local Namibian sources through CI2 and NIDIF, pending...

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[Interview] HYCU Steven Cooper, Vladimir Djordjevic on SAP HANA Investment on Google Cloud

For many companies today, maintaining a robust IT-infrastructure that includes terabytes of data to protect on SAP HANA, while balancing the need to reduce costs and simplify IT-management, can be challenging.

For HYCU and Google Cloud Partner Incentro, there are ways to manage and protect without breaking the bank...

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[Ghana] Voters ‘extremely confident’ of casting ballot on Dec. 7 amid coronavirus, poll finds

In spite of the spread of the coronavirus disease globally, Ghanaians are confident of voting on December 7 regardless of the impact of the pandemic, according to results of the third wave of the Ghana Election Poll which run from August 1 to September 31, 2020.

Out of the 2,246 participants, 34% were extremely confident and 33% were very confident of voting safely on December 7. However, 24% of Ghanaian adults are somewhat confident that they would be able to cast their ballot safely on...

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Samsung, BMW, BASF target DR Congo artisanal mining cooperatives with new trainings

The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo (DR Congo).

The trainings cover major environmental, social and governance aspects for responsible mining practices. This includes mine site management and legal compliance, human rights, health and safety as well as environmental management. The initiative intends to train more than 1,500...

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[Column] Wendy Tembedza: Smart contracts adoption could be tripped up by legal validity and privacy laws concerns

Covid-19 forced businesses to accelerate the rate at which they adopt and adapt to technological change. Many businesses are looking to conclude agreements by taking advantage of technology platforms that promise efficiency and cost-savings; including using smart contracts.

Although the opportunities for smart contracts are vast - issues related to their legal validity and compatibility with growing data protection laws may create real stumbling blocks for their use. Smart contracts have continued uncertainty...

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[Column] Adil Youssefi: How IoT can be the catalyst for better and smarter cities in Africa

While the Internet of Things (IoT) may still be an emerging technology, it is difficult to dispute that it has become deeply entrenched in people’s lives and its proliferation is likely to accelerate even further in the next few years.

The First Industrial Revolution, which saw the development of machine tools and the rise of the mechanised factory system, had an unprecedented effect on the way people worked and lived, leading to a massive rise in the rate of population growth. Similarly, the Fourth Industrial revolution is...

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[Column] Ahmad Mokhles: Wi-Fi hotspot business the space race of our age

If there was one investment you could make in your business that would increase customer footfall, sales and build a love for your business with your community, why wouldn’t you make that investment?

The ’60s and ’70s saw global economies invest in the space race, resulting in some of the most significant technological innovations of that age. Likewise, the current economy should not hesitate to establish a Wi-Fi marketplace on the African continent that will ultimately result in digital inclusion by...

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[Webinar] Make the Most of Your SAP HANA Investment on Google Cloud

For many companies today, maintaining a robust IT-infrastructure that includes terabytes of data to protect on SAP HANA, while balancing the need to reduce costs and simplify IT-management, can be challenging. For HYCU and Google Cloud Partner Incentro, there are ways to manage and protect without breaking the bank.

As a proud partner, we’ll be hosting a webinar to take you through HYCU on the Google Cloud Platform (GCP). In this interactive session, learn how...

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News Headlines

21-01-2021 | 11:25:00
MIGA issues $25.6m in guarantees to Escotel Mauritius for solar power generation in Sierra Leone and Liberia
MIGA, a member of the World Bank Group, issued guarantees of up to $25.6 million to Escotel Mauritius covering its investments in solar power generation in Sierra Leone and Liberia for a period of up to ten years.

21-01-2021 | 11:08:00
Kenya Power rolls out smart metering project for SMEs customers
Kenya Power has rolled out a smart metering project that will benefit customers in the Small and Medium Enterprise (SMEs) sector across the country.

21-01-2021 | 10:52:00
InfraCo Africa, Global Logistics Services to commence construction on Liberia Inland Storage Facility project
InfraCo Africa and Global Logistics Services have signed an Engineering, Procurement and Construction contract with Liberian contractor, BMC Group, to enable construction to commence on the Liberia Inland Storage Facility project.

21-01-2021 | 07:13:29
Andersen Global enters Malawi
Andersen Global establishes a foothold in the Malawi market through a Collaboration Agreement with Knight & Knight, bolstering its platform on the African continent and adding additional coverage in the eastern region.

21-01-2021 | 07:11:05
Séché strengthens its positions in South Africa with acquisition of Spill Tech
Global waste treatment company Séché Environnement has announced the signature of an agreement for the acquisition of Spill Tech 1, a company in environmental emergency and decontamination services in South Africa.

21-01-2021 | 07:10:00
The UN approves new strategy to accelerate business action to achieve SDGs, more ambitious climate targets
The UN Secretary-General, António Guterres, Chair of the Board of the UN Global Compact, announced a new three-year strategic plan to increase and accelerate corporate sustainability and principled business.

20-01-2021 | 14:46:07
Kasada acquires eight hotels in Sub-Saharan African from AccorInvest
Funds advised by Kasada Capital Management announced the first transaction made through the debut fund, Kasada Hospitality Fund LP, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.

20-01-2021 | 13:40:00
Qatar Airways resumes flights to Cairo, Egypt
Qatar Airways resumed flights to Cairo in the Arab Republic of Egypt with a daily service. QR1301 departed Hamad International Airport to Cairo International Airport at 15:15 local time and landed at its destination at 17:40 local time.

20-01-2021 | 13:13:00
[Zambia] Glencore signs contract to sell 73% of underlying stake in Mopani for $1.5b
Glencore announced that its subsidiary Carlisa Investments, in which Glencore holds 81.2% of the shares, has signed an agreement with ZCCM Investments to transfer its 90% interest in Mopani Copper Mines.

20-01-2021 | 07:39:57
United Women Economic Development Network launched to advance women empowerment
Women business leaders and entrepreneurs from the United States, Bahrain, Morocco, Israel, United Arab Emirates, Sudan, Uzbekistan, and Kosovo have convened for the virtual launch of the United Women’s Economic Development Network.

19-01-2021 | 12:30:00
The young stars inspiring an Esports wave in Africa
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.

19-01-2021 | 08:44:27
[Kenya] Clir Renewables partners with Lake Turkana Wind Power to optimize its wind farm performance
Clir Renewables has partnered with Lake Turkana Wind Power (LTWP) to enhance wind farm performance tracking and support its Kenya-based team in realizing potential opportunities for optimization.

18-01-2021 | 11:15:00
[Kenya] African Elite Group awarded best boutique PR Agency award at global event
Boutique PR agency, African Elite Group Ltd, headquarters in Nairobi, Kenya has been awarded an international award, at the 4th annual MEA (Middle East & Africa Markets) Business Awards 2020.

18-01-2021 | 09:32:45
DHL Express purchases eight additional Boeing 777 freighters
DHL Express, world’s express service provider together with Boeing announced that the global logistics company placed an order for an additional eight new Boeing 777 freighters.

18-01-2021 | 09:16:19
Siemens Mobility signs MoU to install high-speed rail system in Egypt
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.


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