Corporate Council on Africa News Updates

(Posted 19th January 2022)

CCA MEMBERS IN THE NEWS


ExxonMobil Announces Ambition for Net Zero Greenhouse Gas Emissions By 2050
ExxonMobil
ExxonMobil today announced its ambition to achieve net zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets… Read more>>

J&J booster 85% effective against Omicron hospitalisation, South Africa says
Reuters
A Johnson and Johnson COVID-19 vaccine booster shot is 85% effective in protecting against being hospitalised by the Omicron variant for 1-2 months after it is received, the head of South Africa’s Medical Research Council (SAMRC) said on Friday… Read more>>

U.S.-AFRICA RELATIONSNew US Africa Envoy to Visit Ethiopia and Sudan


Al Jazeera
The new United States envoy to the Horn of Africa, David Satterfield, and Assistant Secretary Molly Phee will visit Sudan and Ethiopia next week amid continuing crises in the two African nations… Read more>>

AGRIBUSINESS


What Will it Take for Africa’s Agrifood Systems to Thrive?
The Conversation
The year 2021 was one of critical conversations about global agrifood systems – the processes and methods through which farming produces food. Following on the heels of the COVID-19 pandemic and a rise in global poverty, 2021 was a year for recovery and an urgent call to transform food systems if the world is to achieve the Sustainable Development Goals targets by 2030…. Read more>>

ENERGYMozambique Kicks Off First Offshore Gas Project


African Business
The arrival of the $2.5bn floating Coral South facility in Mozambique could help revive the country’s potentially transformative LNG sector, as the government assures oil and gas majors that the security situation is under control… Read more>>

Energy Transition the Catalyst to Power Africa’s Economic Future?
ESI Africa
A new analysis released by the International Renewable Energy Agency (IRENA) in collaboration with the African Development Bank (AfDB) says the energy transition is central to Africa’s economic future…. Read more>>

HEALTH


Africa: Nearly 205 Million Covid-19 Vaccinations Administered Across Continent
All Africa
As of January 18, 2022, confirmed cases of Covid-19 from 55 African countries reached 10,373,790 while over 204,912,446 vaccinations have been administered across the continent… Read more>>

INFRASTRUCTURE


Incentives for Manufacturing Attract $1.2bn in Investments
The New Times
An incentive programme rolled out by the Rwandan government in 2021 aimed at driving economic recovery has generated investments worth an estimated $1.2bn and attracted 78 investor applications, Statistics from the Rwanda Development Board (RDB) show… Read More>>

Tanzania Hands over AfCFTA Ratification Instruments
All Africa
Tanzania has officially submitted the instruments of its ratification of the African Continental Free Trade Area (AfCFTA) agreement to the African Union Commission (AUC).

Ratifying the AfCFTA agreement means that the country will now be able to access the market of over 1.3 billion people across the continent… Read More>>

ICT Africa: Pan-African Payment System Launched – How it Works


All Africa
The long awaited Pan-African Payments and Settlement System (PAPSS) was launched Thursday, January 13, in Accra, Ghana, in a virtual event under the theme: “Connecting Payments, Accelerating Africa’s trade.” The new system allows a buyer in one African country to make a payment in his or her national currency and the seller in another country receives payment in their local currency… Read More>>

Nigeria Lifts Ban on Twitter After 7 Months


Deutsche Welle
Nigeria had shut out more than 200 million people from the social networking site. Nigeria’s IT development agency said the US tech company had met key conditions… Read More>>

TOURISM


Zimbabwe: German Airline to Fly into Zimbabwe by March
All Africa
Eurowings Discover has become the latest airline to express interest in flying into Zimbabwe, in a move expected to boost local tourism.
It is expected that the German airline, head-quartered in Frankfurt and owned by the Lufthansa Group, will begin flights into Victoria Falls on March 30… Read more>>

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