Coporate Council on Africa’s latest news

(Posted 30th June 2022)

U.S.-AFRICA RELATIONS
Training Young African Leaders Through the United States Leadership Programs
Modern Diplomacy
The U.S. Department of State and the International Research & Exchanges Board (IREX), an international, nonprofit organization that specializes in global education and development, have offered admission to the 2022 cohort of the “Mandela Washington Fellowship for Young African Leaders” in the United States… Read more>>

AGRIBUSINESS
With vast arable lands, why is Africa dependent on imported grain?
Deutsche Welle
The Russian army’s blockade of Ukraine’s Black Sea ports and the ripple effects of Western sanctions against Moscow have raised international food and fuel prices, leaving millions of Africans facing an “unprecedented food emergency” this year, the World Food Programme has said… Read more>>

Ghana secures US $24.9 million for agric-mechanisation plant
Farmers Review Africa
The government of Ghana has secured US $24.9 million loan to develop an agric-mechanisation plant. A signing ceremony was done between the Ministry of Finance and the Export and Import Bank of India to seal the deal… Read more>>

ENERGY
European Union to deepen ties with Nigeria, others on energy transition
The Guardian
The European Union (EU) has stated that it would be prioritizing Nigeria, Mozambique, Angola, and Senegal in its bid to fast-tracking energy transition into renewables on the continent… Read more>>

War in Ukraine is driving demand for Africa’s natural gas. Thats controversial 
NPR
As Europe scrambles to replace the Russian natural gas that funds Moscow’s war effort, fossil fuel companies are using this moment to push for new gas projects all over the world. Much of the industry lobbying centers on almost a dozen countries in sub-Saharan Africa… Read more>>

Husk Power: Solar Energy is Key to Replacing Diesel and Advancing Sustainable Growth in Africa
Forbes
Insufficient development of centralized electricity grids has created a massive and heavily-subsidized diesel generator economy in Asia and Africa, where 3.5 billion people remain unserved or underserved in terms of reliable energy…. Read more>>

HEALTH
South Africa records second monkeypox case not linked to travel
Reuters
South Africa has recorded a second case of monkeypox in a 32-year-old male patient from Cape Town with no travel history, the health ministry said on Tuesday… Read more>>

Number of Kenyans being hospitalised for Covid infections on the rise
Nation
This is after the country recorded 232 new Covid cases from a sample size of 2,030 people resulting in a positivity rate of 11.4 percent. While the number of hospitalizations is rising, fewer patients are admitted in the Intensive Care Unit (ICU)… Read more>>



INFRASTRUCTURE
G7 summit: Leaders detail $600 billion plan to rival China’s Belt and Road initiative
BBC
The Partnership for Global Infrastructure and Investment (PGII) relaunches a scheme unveiled at last year’s G& talks in England… Read more>>


ICT
Tech company to unleash fleet of 12,000 cargo drones across Africa
Metro Company UK
A tech company plan to launch 12,000 cargo drones in the world’s largest deployment. German firm Wingcopter says the move will address insufficient infrastructure in many African regions; one of the biggest barriers to universal health coverage and economic development… Read more>>

EGNOS technology for Africa – ESA signs deal with ASECNA
European Space Agency
ESA will provide technical support to ASECNA based on Europe’s EGNOS technology and using the Galileo satellites. The system initial operational capabilities are projected to enter into service from 2025… Read more>>


TOURISM
Egypt looks for upsurge in tourists from sanctions-hit Russia
Al-Monitor
The Egyptian tourism sector looks to rebound from the impact of the Ukraine war amid talks between Egypt and Russia to apply the Russian payment system MIR in Egyptian resorts…. Read more>>

World Bank Funded Project
Cabo Verdean government
The World Bank has funded a project totaling $35 million focusing on potential blue economy development and resilient tourism… Read more>>