Year 3 | Edition 30 | 2 December 2016
Gaborone, Botswana
 
[Interview] Leland Clegg, Founder of the Africa Business Portal

Leland Clegg has established patterns of success as an entrepreneur. In 1989 he founded UCPM Insurance, one of the largest wholesale environmental insurance brokerages in the United States, servicing thousands of clients in all 50 states with industry leading automation...



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[Column] Jens Ischebeck: The power of M-learning in East Africa
What is the potential for e-learning via smartphones via online courses such as MOOC and other mobile based edtech solutions (collectively known as m-learning strategies) for East Africa?...


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High Interest Rates: How do they impact Small Businesses in East Africa?
Small & Medium Businesses in East Africa should be looking at ways to maximise their efficiency and improve debt management to navigate the risks that high interest rates pose for their businesses...


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African Travel Spend expected to rise 24 Percent with Introduction of African Union Passport Introduction in 2018
New research released by global travel technology provider, Sabre Corporation, has revealed that African air travel spend is expected to rise 24% with the introduction of the pan-African passport in 2018...


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[Kenya] Kengen to spend $8 billion in green energy projects

Power generator Kenya Electricity Generating Company (KenGen) has announced plans to add 721 Megawatts of electricity from geothermal and wind sources to the national grid in the next five years at a cost of $8 billion...



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[Morocco] New olive harvesting technology boosts job creation among youth

New technologies for the efficient harvest of olives and olive oil have made it possible for Moroccan youth to continue the work of family farms without compromising their economic prospects, according to a new report by Reuters...



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[Tanzania] Vodacom to Issue Sh500 Billion Shares
Vodacom Tanzania Limited is to issue shares worth up to Sh500 billion in its planned initial public offer (IPO), The Citizen has reliably learnt...


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Nigerians abandon 30m bank accounts
The total number of inactive bank accounts in Nigeria stand at 30.26 million despite efforts by banks to retain old customers and attract new ones...


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Central Bank of Africa to launch M-Shwari loan service in Ivory Coast next year

The Commercial Bank of Africa (CBA) plans to launch its mobile banking service M-Shwari in Ivory Coast in quarter three of next year, becoming the first Kenyan lender to venture into West Africa.



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[Nigeria] Union Bank and Ria Money Transfer partner to offer Remittance Pay-out Services
Union Bank of Nigeria has partnered with Ria Money Transfer (“Ria”), one of the largest money transfer companies in the world, to offer money transfer pay-out services across Nigeria...


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[Egypt] Silicon Waha and Chinese phone manufacturers sign agreements to produce electronics locally

Silicon Waha a company tasked with establishing and developing  technology zones in Egypt has signed a series of agreements with China electronics company ZTE and Transsion, the manufacturers of Tecno and Itel mobile phones ,in a first step of producing electronics locally...



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[South Africa] Business confidence wanes threatening gains in economic boom

Business confidence in South Africa as an investment hub dropped in the fourth quarter, a development that puts to risk efforts at boosting economic growth and avoiding a downgrade in rating...



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[Mozambique] Fourteen companies express interest in natural gas project

Fourteen companies have expressed interest in developing projects using natural gas from the Rovuma Basin in northern Mozambique...



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[Uganda] MTN customers can now send money to Rwanda and Kenya with launch of outbound money transfer service

Uganda’s leading mobile service provider MTN has unveiled an outbound mobile money transfer that will see clients now send money across the region primarily Rwanda and Kenya...



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[Rwanda] StarTimes slashes prices of TV sets to deepen penetration rate

Pay TV and equipment vendor StarTimes has slashed the prices of television sets as it seeks to deepen penetration. StarTimes Africa chief executive officer Jess Jing said the firm seeks to support efforts aimed at deepening access to television in the country...



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Juniper Glass Announces Ethiopian Merger and Regulatory Approvals

 

Societe Generale partners with American Express in Africa

 

agrofood & plastplack Nigeria: fairtrade announces official German and French Pavilions

 

[South Africa] Horse exports poised for massive growth for potential R1 billion industry

 

[South Africa] Norilsk Nickel launches legal action against BCL over non-payment for African asset sale



 

Namibia bets on new aviation authority to improve standards

 

[Nigeria] Jos Electricity Company to Install 100,000 Smart Meters By Year-End

 

Customer Satisfaction is More Important Than Ever During the Festive Season - DHL Africa

 

Africa Development Bank and CRDB Bank Tanzania sign $120 million loan agreement to finance infrastructure and SMEs

 

Ghana launches Exim bank with an eye on export led economy



 

[Zimbabwe] Old Mutual pionners listing on alternative trading platform in indigenization move

 

[Tunisia] Government trains guns on corruption to spur economic growth to 5 per cent

 

[South Sudan] Government looks to non oil revenues to fund national budget

 

[Zimbabwe] Mahindra partners with MBCA bank to ease vehicle purchase for customers

 

[Ethiopia] Heineken Ethiopia’s expansion set to make it largest beer producing company



 

Ethiopia Airlines to debut flights to Norway in March 2017

 

[Egypt] BP acquires 10 per cent stake in Eni’s Shorouk offshore concession

 

[Botswana] Travel Lodge targets business travelers with modern conference facility

 

Cameroon, Morocco trade hits record $88 million this year

 

AfDB and Algeria sign €900m loan agreement to support the country’s industrial and energy competitiveness

 
 
Africa Business Portal Network Membership | Offer for Africa Business Communities members
Are you an African company looking to trade with U.S. Companies, import U.S. goods or attract U.S. investors?

Or are you a U.S. company interested in exporting, expanding or investing in Africa?...


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Complimentary report on Africa’s transport infrastructure and maintenance

Road authorities and project owners are dedicating their largest budgets to date to address the poor state of their key infrastructure which continues to hamper the speed and confidence of Africa’s ongoing development efforts.

Through a wide range of domestic and international funding measures, Africa is poised to achieve a vast improvement in the quality and reach of its underdeveloped road networks, with new plans emerging as investor confidence in the sector rises...



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Join any of our 180 Africa LinkedIn Groups

Africa Business Communities manages 180 LinkedIn Groups. These groups cover every country and every industry on the continent.

Please feel free to join any of these groups and be part of the African conversation...



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Complimentary Report: Major Airport Projects in Africa
Government authorities and developers are investing billions of dollars in dozens of airport expansion and rehabilitation works across Africa. Plus, air travel across the continent is predicted to experience a massive surge which will continue to fuel the industry’s expansion.

In light of this, we have put together a report on State of the Market: Major Airport Projects in Africa highlighting the key airport expansion and construction projects currently happening across Africa...


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Do you want to advertise on our website and in this newsletter?

Advertising in this newsletter makes you reach over 10,000 C-level Executives, General Managers and Company Owners operating in Africa.

Publishing your content in our LinkedIn groups will give you access to over 1 million top business professionals like yourself.

If you think this might be interesting to your company or organization, just drop me a line...

Bas Vlugt
Founder Africa CEO Network
bas@africabusinesscommunities.com



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And dont forget to send us your press releases!

We'd love to publish your press releases.

Please send them to:info@africabusinesscommunities.com

OK, you don't send press releases but you want to. Now what?

In that case, drop me a line too. We are good (promise): bas@africabusinesscommunities.com



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Colofon:

Africa CEO Network NEWS is a publication of Africa Business Communities
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Publisher/Editor in Chief: Bas Vlugt

Editors: Linda Larbie, Afia Owusu-Nyantakyi, Andrea Ayemoba

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