(Posted 23rd November 2023)
CCA MEMBERS IN THE NEWS
African Development Bank approves $10 million investment in Dhamana Guarantee Company Limited, East Africa
African Development Bank Group
The Board of Directors of the African Development Bank Group has approved a $10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets as an alternative source of long-term funding for infrastructure and the real sector in East Africa…Read More>>
Google Meet’s hand raise feature just got a lot more real
Engadget
Asking a question on Google Meet is getting a little more interactive. Google is rolling out a new gesture detection feature that lets you physically raise your hand to alert the group that you have a question versus clicking the raise hand button. Sure, it’s a minor thing, but after a long day sitting online, some movement doesn’t hurt…Read More>>
Ethiopian confirms A350 order
TTRWeekly
Ethiopian’s flagship carrier, Ethiopian Airlines Group, has signed a memorandum of understanding (MoU) for 11 additional Airbus A350-900s to be added to its existing fleet. The latest agreement takes Ethiopian Airlines’ order book and commitment for the A350 to 33, including four A350-1000s… Read More>>
U.S.-AFRICA RELATIONS
Ethiopia “welcomes” US decision to resume food aid
African News
Ethiopia on Wednesday “welcomed” the announcement that the US Development Agency (USAID) would resume the delivery of food aid throughout the country, suspended in June, following the conclusion of an agreement to monitor aid distribution…Read More>>
ENERGY
Govt subsidizes clean cooking technologies to safeguard forests
The New Times
The move to promote clean cooking technologies comes as Rwanda prepares to introduce its carbon market framework at the 28th UN Climate Change Conference (COP28) in Dubai from November 30 to December 12, 2023. These initiatives, including forest conservation and clean cooking technologies, are pivotal in the country’s strategy for the carbon market…Read More>>
Sun Africa pledges to commit $2.2bn into power project in Nigeria
Premium Times
Sun Africa LLC,an international organisation, has pledged to support the President Bola Tinubu’s administration with $2.2 billion to provide vital power infrastructure for Nigeria.Bolaji Tunji, the Special Adviser, Strategic Communication and Public Relations to the Minister of Power, made this known in a statement in Abuja on Sunday…Read More>>
Tshele Hills Oil Storage Development Project
Botswana Oil
The Botswana Government through the Ministry of Minerals and Energy and Botswana Oil Limited, a state-owned company, is seeking to procure an experienced and suitably qualified Consortium/Special Purpose Vehicle Project Company to design, build, finance, operate, maintain and transfer the Tshele Hills Strategic Oil Storage Depot near Rasesa village in Botswana….Read More>>
HEALTH
Health data governance to foster digital transformation in health
Daily News Tanzania
The East African Community (EAC) is set to develop Health Data Governance to foster digital transformation and innovations in the health sector in the region. According to a press statement availed to the media by EAC Senior Public Relations Officer Simon Owaka, the EAC Secretariat, together with the East African Legislative Assembly (EALA) and the Pan African Health Informatics Association (HELINA), has committed to fostering stronger health data governance to drive digital transformation and innovations in the health sector in East Africa….Read More>>
Kenya’s Electronic Health System Transforms Rural Health Care Access
VOA News
Kenya’s Health Ministry has rolled out a digital health information system to help workers diagnose patients and store their health records. Mohammed Yusuf reports from a village in western Kenya, where hospitals have recorded an increase in people seeking medical assistance since the deployment of the system…. Read More>>
INFRASTRUCTURE
New bridge brings joy, saves lives in Ruhango district
The New Times
Residents of Ruhango district are overjoyed as the recently completed bridge, valued at Rwf269.2million, not only brings celebration but also stands as a life-saving infrastructure, especially benefiting the Mbuye and Kinazi sectors…Read More>>
World Bank Grants Malawi $60m to Avert Acute Shortages of Critical, Lifesaving Commodities
Ground News
The World Bank has approved a $60 million grant to avert acute shortages of critical and lifesaving commodities in Malawi. The project, De-risking Importation of Strategic Commodities (DISC), will establish a foreign currency trade facility for Malawi’s commercial banks. The contingent financing will address critical shortages in the market….Read More>>
AGRIBUSINESS
Angola With Production of Three Million Tons of Cereals
All Africa
The Angolan agricultural sector recorded a production of three million 187 thousand and 951 tons of cereals, such as maize, millet, rice and wheat, during the 2021/2022 agricultural season, representing a growth of about 11.1% compared to the previous period… Read More>>
Emphasis on collaboration highlighted at aquaculture conference
Farmer’s Weekly
The 2nd Annual International Conference and Exposition of the African Chapter of the World Aquaculture Society (AFRAQ), hosted last week in Lusaka, Zambia, noted that the fish and aquaculture sector had the potential to remedy Africa’s food sustainability with the collaboration of various players, amid the diminishing existing water spaces given the rising industrialisation…Read More>>
ICT
Kenyan Government Launches Digital Reporting and Monitoring Tool “Project BETA”
Captial FM
The government has introduced a digital reporting and monitoring tool called “Project BETA” designed to assess and track the implementation, progress, and performance of National Government Development Projects, Priority Programs, Presidential Directives, and Crime Statistics across the country…. Read More>>
Rwanda hosts 4th Africa Cyber Defence Forum
IGIHE
The ACDF, an idea conceived five years ago, has become a crucial platform for progressive business conversations, connecting thought leaders, experts, and organizations to address the challenges posed by the evolving threat landscape in cyberspace…. Read More>>
FINANCE
A pathway for Africa to raise green financing
African Business
Meeting net-zero emission targets requires trillions of dollars in annual investments to build low-carbon and climate-resilient infrastructure. The bond market – given its sheer size of $130 trillion—is one of the few liquid asset classes that allows for sourcing financing of this magnitude. Not surprisingly, green bonds, which ringfence the bond proceeds for environmental sustainability projects, are flourishing. Over $2.5 trillion of green bonds have been issued so far, a sharp increase from under $100bn that had been issued by 2015…Read More>>
