Year 8 | Edition 3 | 16 February 2021
 

Ngoji Okonjo-Iweala becomes first African to head World Trade Organization

The World Trade Organization General Council has selected Ngozi Okonjo-Iweala of Nigeria to become its new Director General making her the first woman and African to hold such a position. Effective 1 March 2020, her term, renewable, will expire on 31 August 2025.

"This is a very significant moment for the WTO. On behalf of the General Council, I extend our warmest congratulations to Dr Ngozi Okonjo-Iweala on her appointment as the WTO's next Director-General and formally welcome her to this...

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PGS targets lower Congo Basin in new Angola acquisition

PGS, in cooperation with ANPG, has begun a new fully prefunded MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April and fast-track data is expected in October 2021.

Ramform Atlas is acquiring high-density 3D GeoStreamer data using a 10 x 8 025 m streamer spread. The survey is designed to produce data of superior resolution, to increase understanding of the prolific Lower Congo Basin. The Block...

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[Morocco] IFC, Marrakech-Safi join forces to boost region’s investment potential

IFC is expanding the scope of its support to subnational entities in Morocco through a new partnership with the Wilaya of the Region of Marrakech-Safi and the Regional Investment Center, to attract more investment and improve the business environment.

Like many other regions in the world, Marrakech-Safi, a major economic center in Morocco , has been hard hit by the COVID-19-induced downturn in tourism, a key industry in the region. Through the partnership, IFC will support the Marrakech...

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Mastercard partners with MTN to deepen digital commerce across Africa

Mastercard and MTN have announced a strategic partnership to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely.

Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers and merchants can engage with brands and businesses abroad through digital commerce, extending their reach to an international marketplace and unlocking a host of opportunities...

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Ugandan coffee farmers increase yields through Climate-Smart Agriculture technologies

The IITA Uganda Climate-Smart Agriculture (CSA) Program supports the Ugandan Government in its commitment to increasing coffee quality, volumes, and smallholder farmer livelihoods.

The Institute’s activities closely align with the country’s agricultural agenda, with the IITA team collaborating with the Uganda Coffee Development Authority (UCDA) to implement the Uganda Coffee Roadmap. By developing the Stepwise Climate Smart Investment Pathway (Stepwise) approach...

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[Africa Cloud Computing Review] Simon Ngunjiri Muraya: Looking ahead

The demand for cloud in Africa is growing rapidly. This demand has particularly been accelerated by the ongoing pandemic that has moved everything online.

With increasing connectivity and availability of reliable and cheap internet across the continent, it has changed the way people work...

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[Column] Patrick Ndegwa: E-commerce in 2021 - Kenya’s $1.5 billion industry

As more of Africa’s 526 million Internet usersare opting to buy goods at the click of a button, Kenyan e-commerce revenue is projected to hit $1.5 billionin 2021. Digital platforms are seizing this opportunity and have been investing heavily in improving their digital infrastructure.

So, what might this year hold for online trade in Kenya? Here’s my take on Africa’s leading e-commerce platform and what developments we can expect to see regarding key policies and trends in online commerce today and in the future...


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[Rwanda] MTN considers setting up financial tech firm

The development is an attempt by the telecom operator to increase relevance to financial technology which is increasingly characterizing the financial industry in aspects such as inclusion.

MTN Rwanda CEO Mitwa Ng’ambi said that with financial technology fast becoming influential in digital finance, they have been considering setting up an independent subsidiary running financial technology operations. This would see Mobile Money move from a department within the telecom to a...

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News Headlines

24-04-2024 | 11:03:00
[Free Webinar] Supply Chain Resilience in Africa: Navigating Global Manufacturing and FX
Join the experts at this comprehensive webinar exploring the intricacies of supply chain management and payment dynamics in African markets.


24-04-2024 | 09:26:28
MTN selects M&C Saatchi Abel as its global marketing partner
M&C Saatchi Abel was selected following a meticulous process for their expertise in fostering growth and enhancing brand value for multinational corporations.


23-04-2024 | 12:31:19
Ethiopian Airlines launches a new service to Warsaw, Poland
The new route, ET 764 from Addis Ababa to Warsaw via Athens, will operate on Mondays, Wednesdays, Fridays, and Sundays. Return flight ET 765 from Warsaw to Addis Ababa via Athens will  on Mondays, Tuesdays, Thursdays, and Saturdays.


19-04-2024 | 13:45:33
[South Africa] Johannesburg Stock Exchange proposes amendments to listing requirements
As part of its continued commitment to creating an enabling environment for listed companies, the JSE has announced the proposed amendments to its Listings Requirements to introduce the Market Segmentation Project aimed at the smaller issuers on the Main Board of the exchange.


17-04-2024 | 09:14:46
The Radisson brand enters Cape Town with the newly rebranded Radisson Hotel Cape Town Foreshore
Radisson Hotel Group brings the renowned Radisson brand to South Africa's "Mother City" with the rebranding of Park Inn Cape Town Foreshore to Radisson Hotel Cape Town Foreshore.


17-04-2024 | 07:10:00
The evolutionary journey of fruit slots in the gaming industry
Social media and collaborative gaming platforms added a new dimension to the gaming industry. Now players can share their successes, participate in tournaments, and challenge friends to competitions, adding elements of social interaction and competition.


16-04-2024 | 16:14:00
[South Africa] Volkswagen announces R4 billion investment in Kariega plant
The changes being made in preparation for the production of the new SUV also affords training and upskilling opportunities for Volkswagen Group Africa’s production employees.


12-04-2024 | 16:12:00
Global asset manager Rohatyn Group sells South Africa-based Portfolio Company BevCo to Varun Beverages 
The company operates five manufacturing facilities across South Africa with an installed capacity of 3,600 bottles per minute


11-04-2024 | 16:18:33
South African used car platform WeBuyCars lists on the Johannesburg Stock Exchange
WeBuyCars, a prominent and recognised brand within the pre-owned motor vehicle market, established over 23 years ago, has listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code "WBC."


10-04-2024 | 19:33:00
Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.


09-04-2024 | 14:13:00
Kenya Airways launches direct flights to Maputo, Mozambique 
The expansion takes flight from 14th June 2024, further solidifying KQ's commitment to strengthening its network and offering seamless travel experiences across the continent. 


05-04-2024 | 17:11:35
Global merchandising firm SPAR Group announces sale of interest in South Africa
These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.


05-04-2024 | 17:07:30
Surf Air enters deal to supply electric powertrains to Tanzanian Cessna caravan operator Auric Air
Surf Air now has approximately 13% of the Cessna Caravan market in Africa under agreement to upgrade to its electrified powertrains, once certified.


04-04-2024 | 15:57:00
Nakonde Border Post upgrade boosts trade between Zambia and Tanzania
Funded by the UK government, the ZMK 197 million (£7.1 million) project will improve the flow of goods and people along the Dar es Salaam Corridor, promising to streamline operations and reduce cargo clearance times by more than 100% on both sides of the border.


04-04-2024 | 11:21:37
East Africa Marine Transport inaugure son premier navire sur le lac Victoria
Après 21 mois de construction, East Africa Marine Transport (EAMT) a inauguré son premier navire sur le lac Victoria.


 


 
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