(Posted 26th September 2024)
CCA IN THE NEWS
President Ruto woos international investors on sidelines of UNGA
PeopleDaily
President William Ruto has wooed United States investors to explore Kenya’s market potential. Speaking on Monday, September 23, 2024, during the US-Kenya Business and Investment Roundtable organised by the Corporate Council on Africa on the sidelines of the 79th session of the United Nations General Assembly (UNGA), Ruto said his administration is improving laws and policies that will meet the requirements of international investors…. Read More>>
HSRI and BOMA@UNGA Partner to Drive Health Innovation and Economic Growth in Africa
Tech Africa News
The Corporate Council on Africa’s (CCA) U.S.-Africa Health Security and Resilience Initiative (HSRI) joined forces with BOMA@UNGA to explore transformative opportunities in health finance and innovation across Africa. During the event, CCA celebrated the launch of the AUDA-NEPAD Program for Investment and Financing in Africa’s Health Sector, underscoring its commitment to turning health challenges into economic opportunities. The initiative aims to build a healthier and wealthier future for the continent through strategic partnerships and investments.… Read More>>
Kenya Selected to Host 4,500 Delegates for Global Event
The Kenya Times
President William Ruto has announced that Kenya will host 4,500 delegates for the Inaugural World Chamber Federation’s Africa Summit 2025. The President said this when giving his remarks during a business roundtable that was organized by the Corporate Council on Africa (CCA) during the 79th UN General Assembly session on September 23, 2024…. Read More>>
U.S. Department of State
Today, on the sidelines of the 79th UN General Assembly, Secretary of State Antony Blinken hosted a Partnership for Global Infrastructure and Investment (PGI) Lobito Corridor Roundtable with key partners. This high-level discussion advanced PGI’s flagship Lobito Corridor, aiming to develop trans-continental connectivity from the Atlantic to Indian Oceans.… Read More>>
Secretary Antony J. Blinken At the Partnership for Global Infrastructure and Investment Roundtable On the Lobito Corridor: Supporting Transcontinental Connectivity
US Department of State
SECRETARY BLINKEN: Well, good afternoon, everyone. And to all of our partners from across governments, financial institutions, from regions around the globe, welcome. Thank you for being here this afternoon. Since 2022, the United States and other G7 members have been working together to finance infrastructure projects that support economic growth all around the world. … Read More>>
What would it mean for Africa to have two permanent UN Security Council seats?
Atlantic Council
As US President Joe Biden arrives in New York this week for the United Nations (UN) General Assembly, he has his eyes cast across the Atlantic to legacy-making initiatives to strengthen relations with Africa. His UN ambassador, Linda Thomas-Greenfield, recently announced that the United States is supporting the creation of two permanent seats for Africa on the UN Security Council. The White House also tipped off reporters to Biden’s upcoming visit to Angola, fulfilling a promise by making his first trip to Africa—and drawing an implicit contrast with his predecessor, who never set foot on the continent during his time in office…. Read More>>
Election 2024 and the Future of U.S.-Africa Policy
Council on Foreign Relations
Senior Fellows Michelle Gavin and Ebenezer Obadare discuss the role of Africa in American politics and how U.S.-Africa policy might change in a potential Trump or Harris administration….. Read More>>
Devex
U.S. President Joe Biden had a clear message on climate on Tuesday: The United States is leading on climate, but this is the “perfect opportunity to go big” and companies with capital need to invest more. “Now is the time,” he said addressing the Bloomberg Philanthropies Global Business Forum, adding that with a booming clean energy industry and newly lowered interest rates, businesses should have the “confidence to invest trillions that are on the sidelines in clean energy industries of the future.” And that includes low- and middle-income nations.… Read More>>
This is Climate Summit: Global Stakes: Africa
The Washington Post
MS. JOSELOW: I’m Maxine Joselow. I am a climate policy and politics reporter here at The Washington Post, and I am so excited to be joined by these three lovely people on stage next to me. Let me go ahead and introduce the three of them, starting with James, to my left. James Irungu Mwangi is the CEO of Africa Climate Venture.… Read More>>
John Sanie promotes capital raise in Africa’s energy sector
Modern Ghana
Ghana’s Deputy Energy Minister and Member of Parliament for Mpohor-Fiase in the Western Region, Honorable John Kobina Abbam Aboah Sanie, led a delegation from the Ministry of Energy to attend GASTECH 2024 in Houston, Texas, from September 17 to 20. The event, which focuses on energy security and diversity amid geopolitical uncertainty, is the world’s premier platform for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low-carbon solutions.… Read More>>
Mission 2025 calls for global policies to boost renewable energy at UN General Assembly
The Express Tribune
A coalition of some of the world’s greatest business, finance homes and cities advised governments on Tuesday to embrace policies that they stated might let loose up $1 trillion in clean energy investments by 2030.… Read More>>
Reuters
Addis Ababa, ETHIOPIA – September 21, 2024: Africa Centres for Disease Control and Prevention (Africa CDC) expresses its deep gratitude and commendation for the Pandemic Fund’s decisive action to fast-track US$128.89 million to 10 African Union Member States affected by mpox… Read More>>
INFRASTRUCTURE
allAfrica
New York — At the margins of the 79th session of the United Nations General Assembly (UNGA) in New York, Prime Minister Hamza Abdi Barre of Somalia engaged in a significant bilateral dialogue with U.S. Ambassador to the United Nations, Linda Thomas-Greenfield…. Read More>>>
AriseNews
African Development Bank Group
The Board of Directors of the African Development Bank Group (“ADB”) approved $102.79 million for the Multinational (Guinea, Senegal and Togo) Promotion of Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones Program which fosters sustainable agricultural value chains around agro-industrial processing zones (SAVC-SAPZ)… Read More>>
Tanzania: African Development Bank grants $129 million loan to agricultural project generating decent jobs for young people
African Development Bank Group
The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation of a youth-focused agribusiness program. The loan will fund the first phase of the “Building a Better Tomorrow: Youth Initiatives for Agribusiness” program, which aims to create business opportunities and jobs for young people in key agricultural sectors.… Read More>>
Africa.com
Informa Tech, organisers of the 27th annual Africa Tech Festival (www.AfricaTechFestival.com) 2024, are pleased to announce that the South African Department of Communications and Digital Technologies (DCDT) will be an official partner of this year’s event, taking place from 12 to 14 November in Cape Town.… Read More>>NIDCOM Boss Calls For More Diaspora Investment In Africa
Leadership
Chairman/CEO, Nigerians in Diaspora Commission, (NiDCOM) Dr. Abike Dabiri-Erewa, has emphasised that strong partnerships between Africans at home and in the Diaspora are crucial for continental development.… Read More>>
African Development Bank Group
African ministers and government officials in charge of infrastructure and transport called on the African Development Bank on Thursday to step up support and lead efforts to promote closer integration across the continent and create the world’s largest free trade area.… Read More>>At 79th UNGA, US Chamber Of Commerce Commits $320m To Nigeria’s Mortgage Financing, SMEs, Others
AriseNews
The U.S. Has a Better Offer for Africa Than Debt
Foreign Policy
This month, Chinese President Xi Jinping pledged more than $29 billion in new lending commitments at the triennial Forum on China-Africa Cooperation. Washington has once again misunderstood this as a symbol of Chinese economic strength. Like a deer caught in the headlights, the United States has spent the past few years responding to China’s vast lending programs in Africa and beyond by constructing its own equivalents, mostly lending through institutions such as the International Development Finance Corp. (DFC) and Export-Import Bank with tweaks to their efficiency here and there…. Read More>>
Execution is starting under the new Health Impact Investment Platform on the first country health investment plans turning original commitment into operational reality. The landmark partnership between Multilateral Development Banks (MDBs), the World Health Organization (WHO) and low- and middle-income countries (LMICs) is addressing the critical need for coordinated efforts to strengthen primary healthcare (PHC) in vulnerable and underserved communities to build resilience against pandemic threats like mpox and the climate crisis…. Read More>>
