(Posted 22nd June 2023)
CCA IN THE NEWS
Zoom on 15th CCA U.S-Africa Business Summit with Florie Liser
Pan African Visions
The Corporate Council On Africa’s U.S.-Africa Business Summit this year is the ideal opportunity to both advance and to check-in on the commitments made and initiatives launched at the Biden-Harris Administration’s U.S.-Africa Leaders’ Summit and Business Forum, says Florie Liser. Fielding questions from PAV, Florie Liser who CEO of the CCA is, says the exchange will be rich when prominent U.S. and African government and private sector leaders meet at the 15th U.S.-Africa Business Summit in Gaborone, Botswana from July 11-14…Read More>>
CCA MEMBERS IN THE NEWS
Flutterwave partners Audiomack to expand access, monetization opportunities for African artists
PG Peoples Gazette
Flutterwave, Africa’s leading payments technology company, is pleased to announce a strategic partnership with Audiomack, the limitless music-streaming and discovery platform. This collaboration enables Audiomack to provide premium music experiences and unlock new features for its customers and artists for a fee... Read more>>
Pfizer, Moderna and Novavax gear up for fall Covid vaccine rollout with an important head start
CNBC
The U.S. Food and Drug Administration’s Covid strain selection for the next round of shots puts Pfizer, Moderna, and Novavax on track to deliver new jabs in time for the fall — a decisive win for the vaccine makers as they gear up to compete against one another… Read More>>
Cameroon’s Caisse Nationale de Prévoyance Sociale (CNPS) and SBM in Mauritius invest in Africa Finance Corporation‘s impact infrastructure mission
Africa Business
Africa Finance Corporation, the leading infrastructure solutions provider in Africa, has received new equity investments from Caisse Nationale de Prévoyance Sociale (CNPS), Cameroon’s public pension fund, and SBM Capital Market Securities Ltd., one of the leading investment-grade financial services providers in Mauritius, further expanding its shareholder base… Read More>>
USAID
The United States, through the U.S. Agency for International Development (USAID), announced a new Power Africa initiative for East and Central Africa to provide a five year, up to $88.9 million award, subject to the availability of funds, that will expand access to cleaner, reliable energy in sub-Saharan Africa… Read more>>
How to drive US investment to Africa
Brookings
When it was established during the Obama administration, the President’s Advisory Council on Doing Business in Africa—or its acronym PAC-DBIA—was an important initiative, and it still is highly relevant. After all, the body was charged with providing recommendations to the president of the United States through the secretary of commerce on how to increase the U.S. commercial presence in Africa… Read more>>
ENERGY
Government of Republic of Cabo Verde Ministry of Industry, Trade and Energy, National Directorate of Industry, Trade and Energy
This Request for Expressions of Interest (“REOI”) constitutes the formal invitation to Applicants to submit their detailed Expression of Interest, duly filled and signed as a formal response to this REOI to be considered for the evaluation for qualification of Bidders to participate in the Procurement Process for an Independent Storage Service Provider for a 8 MVA / 8 MWh and 6 MVA/ 6 MWh Battery Energy Storage System (“BESS”) in S ã oVicente and Boa Vista island, Cabo Verde, respectively. Read More>>
Africa Energy Conference held in Africa for the First Time
African Business
The Africa Energy Forum kicked off in Nairobi, Kenya its first time in Africa as part of its 25th anniversary celebration at the Kenyatta International Convention Centre (KICC). The forum which was organized by EnergyNet and officially endorsed by Kenya’s President H.E. Dr. William Ruto will run from June 20th to 23rd 2023… Read More>>
Solar leads the way as Africa attracts fresh renewables investment
African Business
The case for developing Africa’s copious renewable energy resources to overcome the continent’s huge power deficit has always been strong. It’s a case that has become all the more compelling given the intensifying struggle to drive down global greenhouse gas emissions and combat soaring fossil fuel prices… Read More>>
PayGO solar startup Yellow raises $14 million to scale in Africa
Tech Crunch
Yellow, an asset financier for solar energy and digital devices in Africa, has raised $14 million series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners… Read more>>
Nigeria’s Tinubu says needs quick US funding for energy transition
Reuters
Nigeria’s President Bola Tinubu said on Monday the United States should help with more funding to help Africa’s leading oil producer accelerate its energy transition plans as he pledged to meet the country’s climate change goals… Read more>>
Devex
After working for six years at one of the top hospitals in Nairobi, Kenya as a pediatric nurse, Mary Wairimu’s monthly salary of 45,000 shillings ($322) only increased by 5,000 shillings. One day in October 2021, she sat at her home and started thinking about her life… Read More>>
Reconsidering Notions of Masculinity in Africa to Improve Women’s Health
Forbes Africa
In the African context, masculinity has often centred around the man as a dominant leader allowed (and sometimes expected) to be oppressive. It is one of the foundations of gender inequality, and one that is being challenged by the growing push for positive masculinity…. Read more>>
Afreximbank’s African Medical Centre of Excellence wins Best Health Deal Award
Afreximbank
The African Medical Centre of Excellence (AMCE), under development by the African Export-Import Bank (Afreximbank) in Abuja, Nigeria, has received the award for the Best Health Deal in the Europe, Middle East, and Africa (EMEA) region… Read more>>
Kenya: Government to Hire Community Health Workers in New Approach
Zawya
The government will hire 103,000 community health promoters as part of a preventive approach to healthcare, President William Ruto has said.Each promoter will be responsible for 100 households and will be kitted with modern medical equipment and deployed in communities across Kenya… Read more>>
Minister Joe Phaahla: 11th South African AIDS Conference
South African Government
Opening address by Health Minister, Dr Joe Phaahla on behalf of H.E. Shipokosa Paulus Mashatile, Deputy President of the Republic of South Africa and Chairperson of the South African National AIDS Council, during the opening ceremony of the 11th South African AIDS Conference, Inkosi Albert Luthuli International Convention Centre, Durban; 20 June 2023… Read more>>
Insight Prysmian Group Magazine
The partnership will connect ten African countries by 2025, and involves an investment of up to US$320 m. The network aims to bring significant data traffic improvements for ISPs, mobile network operators and hyperscalers operating in countries covered and reduce east-to-west latency by as much as 65%. Furthermore, it should help avoid bottlenecks in global internet traffic to and from Africa… Read more>>
Africa’s minerals and energy potential: A modern-day ‘gold rush’
Zawya
With the African minerals and energy sector flourishing with possibility, one can’t help but draw parallels with the late 1880s when the first gold was discovered on the Witwatersrand in Johannesburg, South Africa, that kick-started the ‘gold rush’. The same palpable energy exists today as new players enter the market with new technology, infrastructure, and innovation… Read more>>
USAID to invest $3m in AWF for water and sanitation
Afrik21
The US Agency for International Development (USAID) is once again supporting access to water and sanitation in Africa. On 16 June 2023, the US government agency responsible for economic development and humanitarian assistance worldwide pledged to invest $3 million in the African Water Facility (AWF), an initiative of the African Ministers’ Council on Water (AMCOW)… Read more>>
Afreximbank’s Annual Meetings 2023 opens in Accra with calls for more intra-African trade
Afreximbank
The 30th Annual General Meetings of the African Export-Import Bank (Afreximbank) opened in Accra today with speakers highlighting the need for Africa to boost intra-African trade and integration in the face of the challenges resulting from the impact of the global COVID-19 pandemic and the adverse economic challenges due to the Ukraine crisis and other global conflicts… Read More>>
ICT
Space in Africa
According to the Angolan Press Agency, the Angolan Minister of Telecommunications, Information Technology and Social Communication, Mário de Oliveira, and the Zambian Minister of Science and Technology, Felix Mutati, signed a memorandum of understanding to further information technology cooperation between both countries, on the sidelines of the 3rd edition of Angola’s International Information and Communication Technology Forum (ANGOTIC 2023)… Read More>>
Ghana’s bid to host the 2024 African Media Convention sails through
Uncesco
In solidarity with the national journalists association, the Deputy Ambassador and staff from the Ghana High Commission in Zambia, participated in the country’s announcement of its readiness to host the 3rd African Media Convention in 2024, after a three day African Media Convention held in Lusaka Zambia, from 11-13 May 2023… Read more>>
Minister urges parents to safeguard children against the negative impacts of ICT
Monitor
Parents and teachers have been urged to guard children against the negative impacts of Information Communication Technology (ICT)… Read more>>
FINANCE
Climate Finance- Developed Countries Ready to Fulfil $100 Billion Pledge by Year End
allAfrica
As France prepares to host world leaders at a global financial summit seeking to reconfigure global financial systems, sources in the French government say developed countries will be able to, by year end, deliver on the $100 billion climate financing pledge of 2020… Read More>>
Ucard drives Africa’s financial inclusion with retail solutions
Business Day
It is actively closing the divide between traditional banking and everyday commerce by providing a comprehensive range of retail solutions, including point-of-sale terminals, mobile money, and financial education… Read More>>
Afreximbank launches Africa Trade Gateway, a single window for digital services
Afreximbank
The African Export-Import Bank (Afreximbank) yesterday in Accra launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its mandate by providing critical services to support and promote African trade and the implementation of the African Continental Free Trade Agreement (AfCFTA)…. Read More>>
