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

22-04-2021 | 09:01:42
TGI Distri launches Kleansol Toilet Cleaner in Nigeria
TGI Distri, a manufacturer of quality home care products in Nigeria, has launched into the market Kleansol Toilet Cleaner which contains power active ingredients with 99.9% efficacy in killing all forms of bacteria in and around the toilet area.

22-04-2021 | 06:42:33
Nigerian Economic Summit Group appoints new Board Directors
The newly appointed directors will collaborate with the current board members to drive the mandate on Nigeria’s foremost think tank and policy advocacy group in the national interest.

21-04-2021 | 14:18:50
Sommet Education expands its global footprint with acquisition of South Africa's Invictus Education
Sommet Education together with Invictus Education Group announced that Sommet Education is acquiring a majority stake in Invictus Education alongside its historical shareholders.

21-04-2021 | 13:45:42
KAS Africa secures $10 million investment to expand operations
KAS Africa, a contract manufacturer of personal, home, baby and oral care FMCG products, has received an investment with an aggregate value of $10 million from TRT Investments Limited.

21-04-2021 | 08:02:00
Sasol, Toyota South Africa Motors announce green hydrogen mobility partnership
Sasol and Toyota South Africa Motors (TSAM) announced the formation of a partnership to commence exploration of the development of a green hydrogen mobility ecosystem in South Africa.

21-04-2021 | 06:17:00
Domino's Pizza opens first store in Ghana
Domino's Pizza Inc. one of the largest pizza companies in the world based on global retail sales, is continuing its global growth momentum, as the first Domino's store in Ghana is now open.

20-04-2021 | 07:18:39
Coca-Cola to sell part of its shareholding in Coca-Cola Beverages Africa via an IPO
The Coca-Cola Company and Coca-Cola Beverages Africa (CCBA) have announced plans to list CCBA as a publicly traded company.

19-04-2021 | 13:53:29
Gateway Real Estate Africa to build office development at Appolonia City in Ghana
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City

19-04-2021 | 06:57:45
Egypt, South Sudan sign MoU to build integrated crop livestock fish farming
Egypt and South Sudan signed have signed a memorandum of understanding to build an integrated farming of crop, livestock and fish.

16-04-2021 | 14:52:00
Gabon launches technical training hub to revolutionize skills for economic diversification
The Centre is equipped with high-tech teaching equipment with a capacity to accommodate 1,000 learners who will study in the fields of mechanical engineering and maintenance of agricultural construction machinery.

16-04-2021 | 09:18:48
NAS launches ground handling operations in Democratic Republic of Congo
National Aviation Services (NAS), the aviation services provider in emerging markets, announced the launch of its operations in the Democratic Republic of Congo (DRC).

15-04-2021 | 13:13:00
UNDP and GISD Alliance launch platform to facilitate private sector investments in SDGs
SDG Investor Maps is a unique tool that allows investors identify the impact/sustainability areas that, combined with high return, can be game changers in their portfolio.

15-04-2021 | 12:32:46
Africa receives its first Level D helicopter full flight simulator
The simulator allows pilots to train in complete safety for a variety of complex situations (adverse weather conditions, helicopter failures and emergencies), that could occur in the during actual flight operations.

15-04-2021 | 11:09:00
Desalytics Water Solutions finalizes Kenyan acquisition
Desalytics Water Solutions, a company specializing in the distribution of water treatment and water quality consumables, has strengthened its operations in Sub-Saharan Africa with the closing of its acquisition in Kenya.

15-04-2021 | 06:12:00
[Kenya] KEPSA partners with The Canada-Africa Chamber of Business to boost trade and investment
The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business have announced collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya.


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