Corporate Council on Africa News Updates

(Posted 02nd February 2022)

U.S.-AFRICA RELATIONSU.S. Engaged in ‘Robust’ Talks with Kenya, More to Say in Coming Weeks – USTR

Reuters
The U.S. government is engaging in robust talks with Kenya as part of its drive to expand equitable and inclusive U.S. trade investment on the African continent, Deputy U.S. Trade Representative Sarah Bianchi said on Tuesday… Read more>>


AGRIBUSINESS

‘We pray for rain’: Ethiopia faces catastrophic hunger as cattle perish in severe drought
The Guardian
In a country already grappling with humanitarian strife brought on by civil war, aid workers and local officials say that another crisis is slowly unfolding, as severe drought plagues much of southern and north-eastern Ethiopia… Read more>>

To Africa With Love: Ag Leaders Send Equipment, Hope to African Communities
Michigan Farm News
Michigan agriculture leaders, who use agriculture, religion, and business to help equip the next-generation African farmer through their initiative. These are farmers in Zimbabwe, Zambia and Mozambique… Read more>>


ENERGY

Energizing communities in Africa
MIT News
This community-oriented mindset led Ayodeji to team up with a group of friends and brainstorm ideas for how they could help communities close to them… Read more>>
 
TotalEnergies, CNOOC Make Final Decision on $10 bln Uganda, Tanzania Oil Project
Reuters
TotalEnergies (TTEFPA) and its partner China National Offshore Oil Corporation have reached a deal with Uganda and Tanzania to invest more than $10 billion in developing crude oil production in East Africa… Read more>>


HEALTH

Is Africa losing ground in the battle for water and sanitation?
The Washington Post
In March, government, civil society, and private-sector leaders gathering for the ninth World Water Forum in Dakar, Senegal, will try to move the world toward the United Nations’ sixth sustainable development goal: universal access to safe water and sanitation… Read more>>
 
South Africa scraps isolation for asymptomatic COVID positive people
Al Jazeera
South Africa will no longer require people who test positive for COVID-19 without symptoms to isolate and has also reduced the isolation period for those with symptoms by three days, the government has said, as the country exits its fourth wave of the coronavirus… Read more>>

INFRASTRUCTURE

Africa Needs to Integrate Infrastructure for Impactful Continental Trade
The Guardian
Speakers at the UK-Africa Investment Conference have stated that Nigeria and other African nations need to establish and reinforce their infrastructure to make the goals of the Africa Continental Free Trade Agreement (AfCFTA) realizable… Read more>>

Guinea Bissau: African Development Bank Group President Announces $30 million Package for Infrastructure, Budget and Governance Support
African Business
African Development Bank Group President Dr. Akinwumi A. Adesina has announced a financial package of $30 million dollars to the West African nation of Guinea -Bissau. Adesina made the announcement on Friday during a visit to Bissau, where he met President Umaro Sissoco Embaló and senior government officials… Read more>>

Inside Iyin Aboyeji’s Plan to Build Charter Cities for African Tech
Tech Crunch
African cities, particularly sub-Saharan ones, have the fastest global urban growth rate. But with challenges around overcrowding, congestion, infrastructure, power, and poor governance, these cities are maxed out in what they can provide to the average African living in urban environments… Read more>>

ICT African Fintechs Finclusion and Lipa Later Raise Pre-Series A FundingFinTech Futures
Finclusion Group, a start-up that “drives financial inclusion in Sub-Saharan Africa using AI-powered and data-driven lending”, has raised $20 million in its pre-Series A round, in a mix of equity and debt funding… Read more>>

TOURISM

Kenya Tourism Stakeholders Partner to Improve Business
The East African
Key stakeholders in the Kenyan tourism and travel sectors have agreed to collaborate in efforts to revive business in the industries, which are still struggling to recover from the adverse effects of the Covid-19 pandemic… Read more>>

Morocco Announces Measures to Ensure Effective Air Border Reopening
Morocco World News
Morocco’s government announced on Tuesday a series of measures to ensure an effective reopening of its air border, starting February 7. In a statement, the government said the measures are in line with the legal provisions relating to the management of the state of emergency… Read more>>

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