Year 9 | Edition 17 | 20 May 2022
 
Incentro signs strategic partnership with Monday.com to deliver work OS to the African market

Incentro announced the signing of a strategic partnership with Monday.com, awarding Incentro the ability to deliver training, consultancy and service of monday.com’s work OS to the African market.

The Israeli based monday.com has a wide global network of organizations that take advantage of its collaborative tools. In conjunction with Incentro’s expertise in Google Cloud, Google Workspace and Chrome Enterprise, there’s a vast combined knowledge and experience to further drive digital transformation in the Europe, Middle East, and Africa... 

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Panasonic announces FY22 business strategy for Middle East and Africa

Panasonic Marketing Middle East & Africa (PMMAF) restated its commitment to MEA market expansion and consumer wellbeing at its regional convention, that unveiled the brand’s new global motto - “Live Your Best”.

The new slogan embodies Panasonic’s commitment to providing solutions that make life simpler, safer, healthier, and more enjoyable for the customers helping them to live their best. Meanwhile, the brand will focus on expanding its...

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[Egypt] Tatweer Misr signs agreement with Schneider electric to build and manage smart cities

In line with its effort to support digital transformation and the development of smart cities, Schneider Electric, the leader in the digital transformation of energy management and automation, signs a memorandum of understanding (MoU) with Tatweer Misr, a leading real estate developer in Egypt, to integrate technological innovation, starting from the design till the smart management phase of the project.

The partnership will allow the pioneering developer to utilize the iTWO platform, established by Schneider Electric’s RIB Software, as one of the market’s most efficient solutions to manage their real estate projects. This agreement positions...

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Skaleet and Mobiblanc announce partnership for a cutting-edge technology to serve banks across Africa

Skaleet, an international fintech providing a next-generation Core Banking Platform (CBP), has partnered with Mobiblanc, an Agile Digital Services Entreprise (ESN), to offer turnkey solutions to financial institutions across Africa.

The partnership will ensure that financial institutions have the capacities to launch new digital and innovative financial solutions that they can provide to their customers, whether businesses or individuals. Mobiblanc, based in Morocco and Tunisia, is a leading player in North and West African...

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IFC partners with Rameda to green its operations in Egypt

IFC is partnering with Egyptian pharmaceutical producer, Rameda, to support the company's strategy to green its operations and improve its production efficiencies in order to boost the company's productivity.

Through the partnership, IFC will help Rameda adopt solutions that reduce its carbon and water footprints and improve efficiencies in materials and resource usage. As a growth-focused enterprise that produces a wide range of...

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South Sudan, Ethiopia sign 100 MW electricity trade agreement

The Republic of South Sudan has signed a Memorandum of Understanding (MoU) with regional neighbor Ethiopia for the purchase of 100 MW of electricity over the next three years. With plans to gradually increase imports to 400 MW, the MoU is key to meeting electricity demand in South Sudan, while increasing revenue for Ethiopia.

As per the terms of the agreement, the first step of the power purchase plan will entail a feasibility study conducted by both countries in the next year. In the two years following the study, Ethiopia and South Sudan will initially construct a 357...

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Naspers Foundry leads R83 million equity round in agritech company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in Nile, an agritech company that connects farmers to buyers of fresh produce.

The investment is part of a R83 million equity round led by Naspers Foundry, alongside new investors, Platform Investment Partners, Raba Capital and Base Capital. The transaction marks Naspers Foundry’s tenth investment since its launch in 2019 and forms part of Naspers’s R1.4 billion...

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Ethiopia’s financial sector set for transformation with launch of FSD Ethiopia

Newly-established development agency Financial Sector Deepening Ethiopia (FSD Ethiopia) was officially launched at the Hyatt Regency Hotel, Addis Ababa, Ethiopia. With funding from UKAid and the Bill & Melinda Gates Foundation, FSD Ethiopia will build on FSD Africa’s initial efforts to strengthen the country’s financial sector.

About 120 guests attended the launch of FSD Ethiopia, including representatives from the Bill & Melinda Gates Foundation, the UK government’s Foreign, Commonwealth & Development Office (FCDO), Ethiopian Investment Holdings...

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IFC, Acelera Angola partner to boost startup ecosystem in Angola

To support the growth of Angola's entrepreneurial ecosystem, IFC partnered with Acelera Angola, a leading Angolan incubator and accelerator, to help the company expand, support innovative tech startups, and drive inclusive economic growth in the country.

Under the partnership, IFC will work with startups attending Acelera's incubator programs, including those in the digital tech, financial services, agribusiness, health, and tourism sectors, helping them access markets and attract...

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Oumar Syr Diagne joins ACT Afrique Group as Director, Head of Financial Advisory

The pan-African strategic, financial & communications advisory firm ACT Afrique Group announced the appointment of Papa Oumar Syr Diagne as Director, Head of Financial Advisory by decision of  April 15 2022.

Born in Dakar, Papa is a citizen of Senegal and Canada. He holds a Bachelor’s degree in Finance from OMNES Education (formerly INSEEC U.) and is a candidate for the MBA 2022 at the African Leadership University School of Business (ALUSB). Papa started his career in the Strategic Partnerships team of...

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Yiling Pharmaceutical receives medicine approval for Lianhua Qingwen Capsules in Nigeria

Yiling Pharmaceutical, a company that develops, manufactures, and sells Chinese patent medicine, announced it has received the medicine approval document for Lianhua Qingwen Capsules from the National Agency for Food and Drug Administration and Control (NAFDAC), Nigeria. The Product Category is Herbal and Nutraceuticals.

Lianhua Qingwen is one of Yiling's leading products. As a drug included in China's national essential medicines list and the catalog of medicines covered by China's national medical insurance system, Lianhua Qingwen has been selected for...

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EBRD partners with Attijari bank Tunisia to support the pharmaceutical sector

The European Bank for Reconstruction and Development (EBRD) is facilitating access to finance for Tunisian Laboratoires Teriak, through a risk-sharing facility with Attijari bank Tunisia.

This collaboration underscores the EBRD and Attijari bank Tunisia’s commitment to supporting Tunisian companies through the partnership they established in 2020. It also reaffirms the importance of companies to Attijari bank Tunisia’s development strategy. Under the EBRD’s Risk...

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[Egypt] B.TECH, Fawry expand partnership to avail easier access to finance for customers

B.TECH, Egypt's omnichannel consumer electronics retailer, signed a memorandum of understanding with Fawry, to expand the Partnership between the two companies and provide more services to their customers to avail easier access to finance.

The MoU was signed by Dr Mahmoud Khattab, Chairman and Managing Director of B.TECH and Mr Ashraf Sabri, CEO of Fawry. Commenting on the Partnership, Dr Mahmoud Khattab, Chairman and Managing Director of B.TECH, said: "We are...

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[UNICAF] Scholarship Opportunities

Unicaf is an online and blended learning higher education platform that is dedicated to making higher education of international standard accessible, by offering scholarship opportunities to professionals and young school leavers.

What are scholarship opportunities?

A scholarship could be defined as financial aid that relieves the burden of tuition fees and living costs that students and families have to pay to secure a place in secondary and tertiary education. Considering the rising costs of student expenses and debts, we could nowadays describe education...

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The Africa Trade Expo (TATE) | Virtual Conference and Trade Show | 9 March 2022 - 9 March 2023

The Africa Trade Expo (TATE) presents direct access to African buyers whose main aim is to source the latest products, establish partnerships, and conclude import/export deals. TATE is an ongoing virtual trade show for African businesses to network, collaborate, and enter into partnerships with international manufacturers and exporters. Present your new opportunities, network, build relationships and grow your business in African markets...

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Future Foods | African Food & Beverage Industries Virtual Conference & Trade Show | 9 March 2022 - 9 March 2023

Future Foods is a virtual meeting place for importers, F&B managers, retail category buyers, owner-operators, agents, and distributors from across Africa’s diverse and booming market to come to conferences, to network, meet exhibitors, source products, new ingredients, retail shelf-ready products, and the latest processing, packaging, and logistics solutions. Future Foods connects attendees exhibitors across the...

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Four ways to level up your digital marketing strategies

With more and more businesses moving into the e-commerce space, it's increasingly becoming essential to curve a way for your online business to stand out and thrive among competitors. One of the surest ways to get leads for your online business is digital marketing.

Digital marketing is the art of promoting your products and services online. For a campaign to be considered successful, it has to have leads that convert into sales, boost brand awareness, and, over time, create customer loyalty, among...

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[Column] Grant Phillips: South Africa’s proptech revolution is about to begin

Despite being one of the single largest industries globally, the property and real estate sector, both locally and abroad, have remained well behind the technology curve. 

Estimated to be worth some $330 trillion, the global property and real estate industry dwarfs the international oil and gas sector, and is substantially larger than the entirety of most countries stock markets. While property is arguably the world's biggest store of wealth, it has remained almost entirely untouched by the technological revolution and wholesale...

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[Column] Andrew Springate: Building the backbone of a subscription empire

Subscription services have grown tremendously in the last two years in South Africa and will continue to do so. The local subscription economy is expected to grow 14 percent each year to exceed USD$820 million in 2025. Given the expected growth, the opportunities are immense says Andrew Springate, CEO of tech and financial gateway service provider PAYM8.

The pandemic, left little option for consumers but to turn to online solutions that offered seamless access to products and services when they were otherwise unavailable. In the process, they gained more confidence in online and...

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[Column] Marilyn Moodley: Five ways IT companies can grow in Africa

Securing meaningful, sustainable growth in Africa requires a precise skillset with an airtight strategy, the right product fit with a tailored understanding of the market, and crucially, forward-looking leadership.

On the back of two high profile customer wins in the financial services sector. Accelerated digital transformation presents exciting new opportunities for growth that are finally being shaped by and for African people and reflects on the five...

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[Column] Sergio Pugliese: Angola’s deepwater prospects lay foundation for oil production increase

Since the start-up of the Kuito Field by supermajor, Chevron in water depths of approximately 400 meters, the Republic of Angola has developed into one of southern Africa’s leading regional deepwater players.

Hydrocarbon reserves found in water depths ranging from 300 meters to 1,200 meters far surpass those located on the country’s continental shelf. In fact, Angola’s oil production, which registered at 1.13 million barrels per day (bpd) as of March 2022, is derived almost entirely from the offshore...

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[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits

Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.

With lands as fertile as can be, the food inflation in country today could be avoidable – food prices are said to have risen to over 18% in the month of April alone. As a direct result of this hike in food prices, the World Bank predicts a substantial surge in diasporan remittances this year. There is a parallel...

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[Africa Tech Review] Nixon Kanali: Africa continues to attract investments from big tech

The last couple of years and months have been quite interesting for tech in Africa with tech giants like Google, Visa and Microsoft announcing some investments in Kenya. Google announced plans to open its first product development centre in the continent in Nairobi, Kenya.  

Visa opened its first African Innovation Studio in Kenya to service Sub-Saharan Africa while Microsoft officially opened its  African Development Center in the country. Oracle has joined this bandwagon and this week it made an interesting...

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News Headlines

05-07-2022 | 12:55:00
L'African Business Roundtable promeut le commerce Africain lors de la Journée annuelle de l'Afrique de la SABC
L'African Business Roundtable a participé en tant que partenaire institutionnel et sponsor à la 10e Journée annuelle de l'Afrique du Swiss African Business Circle 2022 à Baden en Suisse.


05-07-2022 | 11:16:00
The African Business Roundtable promotes African trade at SABC Annual Africa Day
The African Business Roundtable participated as an institutional partner and sponsor at the Swiss African Business Circle 10th Annual Africa Day 2022 in Baden Switzerland.


04-07-2022 | 11:26:00
African Business Roundtable nomme Africa Influencer Agency comme partenaire RP
L'African Business Roundtable a choisi la maison de médias Africa Influencer Agency pour être responsable de ses campagnes marketing et médiatiques.


04-07-2022 | 11:06:00
USAID announces $74m early grade reading in Malawi
The U.S. government, through the U.S. Agency for International Development (USAID), is supporting Malawi’s vision for early grade literacy through the new Next Generation (NextGen) early grade reading project.


04-07-2022 | 10:18:31
Anghami acquires live events and concerts company Spotlight
Anghami Inc., the leading music and entertainment streaming platform in the Middle East and North Africa, has announced the acquisition of Spotlight Events, an events and concert company specialized in managing and executing live events and concerts in the region.


04-07-2022 | 08:30:00
African Business Roundtable appoints Africa Influencer Agency as PR partner
The African Business Roundtable has chosen media house Africa Influencer Agency to be responsible for its marketing and media campaigns.


04-07-2022 | 08:26:00
Eni Rovuma Basin hands over school infrastructures at Cidadela das Crianças Primary School
Eni Rovuma Basin, on behalf of the Area 4 partners and together with ADPP, has inaugurated a school sports infrastructures at the Cidadela das Crianças community primary school in Maputo.


01-07-2022 | 11:09:00
ADEX, EBID sign financing agreement to boost UAE exports to West Africa
Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed a financing agreement with the ECOWAS Bank for Investment and Development (EBID), to boost Emirati exports in the African market.


01-07-2022 | 10:28:00
Qatar Airways partners with Airlink to enhance connectivity across Southern Africa
Qatar Airways and Airlink signed a comprehensive codeshare agreement to offer travellers more choices, enhanced services and greater connectivity between 45 destinations in 13 countries across southern Africa and the rest of the world.


30-06-2022 | 12:41:00
Guinea eases cross-border trade
Trading across borders between Guinea, Sierra Leone and Liberia to be made easier for small-scale traders and women.


30-06-2022 | 10:59:00
Le directeur national d'ABR Côte d'Ivoire plaide en faveur de l'autonomisation des femmes.
Lors du récent Africa CEO Forum, Massogbè Touré, directrice nationale de l'ABR Côte d'Ivoire, a participé à un panel. Elle a utilisé la plateforme pour discuter de la structure panafricaine de l'ABR, en célébrant ceux qui ont cru en capacité des femmes de valeurs.


29-06-2022 | 17:50:00
ABR Côte d'Ivoire Country Director makes a case for women empowerment
At the recent Africa CEO Forum, Massogbè Touré, the Country Director at ABR Cote d'Ivoire participated as a panelist. She used the platform to discuss the pan-African structure of ABR, celebrating those who have believed in the capacity of women of values.


29-06-2022 | 11:00:00
[Nigeria] NCC, 3R sign pact on revenue assurance solutions
The Nigerian Communications Commission (NCC) has finally signed a Public Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to strengthen and manage the integrity of revenue generation process in the Nigerian telecommunications industry.


29-06-2022 | 10:24:34
Wego and German National Tourism office GCC partner for the Third Year running
Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), and German National Tourist Office for the GCC sign new partnership to inspire travellers to visit the country post COVID-19.


28-06-2022 | 13:17:21
Kazera Global to acquire majority stake in Kenya's Great Lakes Graphite
Kazera Global announced the signature of Binding Heads of Terms for the proposed acquisition of a 71% interest in Great Lakes Graphite, which owns 100% of 3 exploration licenses covering the Homa Bay and Buru Hill Rare Earth Elements in Kenya.


 


 
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