(Posted 14th September 2023)
CCA MEMBERS IN THE NEWS
Breaking: Backed by CBN, Flutterwave’s new product Swap wants to solve Nigeria’s FX problems
TechCabal
Backed by the Central Bank of Nigeria (CBN), Flutterwave has launched Swap, an attempt to digitise the Nigerian foreign exchange (FX) market, in partnership with Wema Bank, the 10th biggest Nigerian bank by assets, and Kadavra BDC… Read More>>
2023 Charter Cities Summit in Kigali, Rwanda in November 16 -18, 2023
Charter Cities Institute
To unite the conversation with the on-the-ground practitioners— those building new cities and legal systemsand the international development community, to create a shared understanding of what charter cities are and the next steps needed to achieve them… Read More>>
U.S.-AFRICA RELATIONS
U.S. Deputy Treasury Secretary, Adeyemo To Visit Nigeria
Naija News
The United States Deputy Treasury Secretary, Wally Adeyemo, is scheduled to visit Nigeria to strengthen economic ties between both countries. The spokesman of the U.S. Department of State, Mathew Miller, made this known in a statement issued on Wednesday… Read More>>
At the Africa Food Systems Forum, USDA Announces Major Partnerships in Africa
U.S. Department of Agriculture
The U.S. Department of Agriculture Under Secretary for Marketing and Regulatory Programs Jenny Lester Moffitt announced new partnerships to enhance plant and animal health at the Africa Food Systems Forum in Tanzania this week. Under Secretary Moffitt’s engagements underscored USDA’s strong partnership in Africa through delivering real solutions… Read More>>
ENERGY
Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Cision PR Newswire
Abu Dhabi Future Energy Company PJSC – Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent. The UAE’s clean energy champion has signed a memorandum of understanding (MoU) with Africa50 which will work to bridge the infrastructure funding gap and mobilize public and private finance… Read More>>
Weekly data: how clean energy investment in Africa has stagnated
Energy Monitor
Africa’s first climate summit wrapped up last week (6 September) with the release of the Nairobi Declaration, the first time all African leaders have reached a joint position on the question of climate change and climate policy… Read More>>
Financing power transmission – not just generation – to meet Africa’s climate goals
Impact Alpha
Renewable energy generation and storage opportunities were a key focus at last week’s Africa Climate Summit in Nairobi, culminating in $26 billion in new funding commitments to climate projects. A large but overlooked energy investment opportunity: power transmission… Read More>>
HEALTH
Africa CDC Statement on the Africa Union’s Recognition as a Permanent Member of the G20
Africa CDC
Today, 09 September 2023, Africa CDC celebrates the news from the group of 20 largest economies (G20) as it welcomes and acknowledges the African Union (AU) as a permanent member of the G20 at the New Delhi summit… Read More>>
Medic West Africa: Driving discourse and adoption of technological innovation to improve the regional healthcare industry
Business Insider Africa
In the bustling cities and remote villages of West Africa, various governments are making continuous investments to improve healthcare infrastructure and expand access to medical facilities. Despite these efforts, citizens still pay high out-of-pocket costs for healthcare, compared to their international counterparts… Read More>>
INFRASTRUCTURE
Ministerial meeting to forge strategic cooperation to support infrastructure and energy sectors in Africa
Reuters
Enhancing regional infrastructure cooperation, sustainable infrastructure development, and cross-border policy coordination will take center stage at the upcoming ministerial session of the African Union Specialised Technical Committee (STC) on Transport, Transcontinental and Interregional Infrastructure, and Energy, scheduled for the 12-15 September 2023 in Zanzibar, Tanzania. The STC will focus on establishing sustainable pathways towards strengthened infrastructure on the continent and streamlining related regulatory frameworks… Read More>>
Bayobab is building out Africa’s fiber network
Light Reading
South African long-haul and telco platform wholesaler Bayobab is building out on what is almost certainly telecom’s last big opportunity – Africa… Read More>>
AGRIBUSINESS
Africa Food Systems Summit 2023: African Development Bank leads charge for better food systems
African Development Bank Group
The 2023 Africa Food Systems Summit held recently in Dar es Salam has called on African leaders to build better food systems and promote food sovereignty, with youth and women at the centre… Read More>>
Africa has potential to feed itself and thrive through agricultural exports – President Ruto asserts
Business Insider Africa
President William Ruto has emphasised Africa’s capacity to achieve self-sufficiency and boost its economy through agricultural exports. Speaking at the Africa Food Systems Forum 2023 in Dar Es Salaam, President Ruto bragged about the vast untapped agricultural potential across the continent… Read More>>
ICT
Accelerating Digital Integration in Africa
Harvard Business Review
In 2021, the combined GDP of Africa’s 54 countries was less than 15% of the United States’ GDP. The continent consists of many relatively small countries, economies, and markets, which is a disadvantage on the world stage, where countries with huge populations and GDPs wield the most influence… Read More>>
Bayobab is building out
Light Reading
South African long-haul and telco platform wholesaler Bayobab is building out on what is almost certainly telecom’s last big opportunity – Africa… Read More>>
FINANCE
Mauritius: Why to Do Business Here – Financial Services Minister
AllAfrica
Mauritius, the Indian Ocean island-nation located off the southeast coast of continental Africa – known for powder-white beaches and luxury tourist attractions – has one of Africa’s strongest economies. The World Bank ranks the country of 1.2 million people, with a Gross Domestic Product (GDP) of nearly $13 billion, as upper-middle-income. Per capita GDP per capita is about $10,000. After a 14.6% decline in 2020 due to the impact of Covid, the IMF projects Mauritius’ real GDP to grow 4.6 percent this year…Read More>>
