Corporate Council on Africa’s latest news

(Posted 07th September 2022)


Export-Import Bank of the United States Board of Directors Announces Members of EXIM 2022-2023 Advisory Committee and Sub-Saharan Africa Advisory Committee
The Export-Import Bank of the United States (EXIM) announced the membership of its 2022-2023 Advisory and Sub-Saharan Africa Advisory Committees. Congratulations to Florie Liser, President & CEO of CCA and Dr. Mima S. Nedelcovych, Chairman of AfricaGlobal Schaffer on their appointment to the Sub-Saharan Africa Advisory Committee and to the other members… Read more>>

Shell and Total Namibia oil discoveries likely in billions of barrels – minister
Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrells, the southern African nation’s mines and energy minister said on Friday… Read more>>

South Sudan makes plea to US. delegation over sanctions
The City Review
South Sudan has asked the United States to lift the sanctions and the arms embargo imposed on the country. The request came up during a meeting between the government officials and a US delegation in Juba on Saturday. It was aimed at mending the ties between the two countries…

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US Ambassador arrives to post in Sudan following 25-year freeze
The first US ambassador to Sudan in 25 years arrived in the country on Wednesday in the latest sign of improved relations between the two nations after the United States removed Sudan from its list of state sponsors of terrorism…

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New Africom chief makes first visit to Africa
Newly appointed commander of the US military’s Africa Command (Africom), United States Marine Corps General Michael Langley, has paid his first visit to the continent since taking command on 9 August…

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South Africa’s Ramaphosa and US’s Biden to meet amid Russian war
Biden and Ramaphosa, who spoke by phone in April, are expected to focus their talks on trade and investment, infrastructure, climate and energy, among other issues…

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Flooding devastates rural areas south of Sudan’s capital

After annual rains that have left dozens dead in Sudan, thousands of people in the farming town of Al Managil and surrounding villages have lost homes and property in what they say is the worst flooding in a decade… Read more>>

Africa Urged to Propose Action on Climate at ConferenceVOA
Africa’s nations must develop strategies to address climate change which poses an existential threat to the continent’s megacities, Gabon’s President Ali Bongo Ondimba said at the third Africa Climate Week conference… Read more>>

Botswana awards Norway’s Scatec first large-scale solar plant contract
Reuters State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a 50 MW solar plant, the companies announced on Wednesday, BPC’s first utility-scale renewable energy project as Botswana looks to boost power supplies and increase clean energy shares… Read more>>

Children in southern Tanzania haunted by malnutrition
Despite multiple awareness campaigns, children in Tanzania’s southern highlands are still suffering from alarmingly high rates of malnutrition due to poor diets that do not nurture cognitive and physical development, local experts warned… Read more>>

Zimbabwe measles outbreak death toll rises to 685 – health ministry
Zimbabwe’s measles outbreak has so far claimed 685 lives, the Ministry of Health said on Saturday, more than four times the cases reported almost a fortnight ago even as a nationwide vaccination program continues… Read more>>

Ghana Declares First Marburg Virus Disease Outbreak
BNN Bloomberg
Ghana announced the country’s first outbreak of Marburg virus disease after a World Health Organization laboratory confirmed earlier test results…. Read more>>

Ethiopia finally opens door for foreign banks
New Business Ethiopia
During its weekly meeting, the Council of Minister of Ethiopia today approved the long-awaited policy that allows foreign banks to operate in Ethiopia for the fist time… Read more>>

Afreximbank to invest $700m in Afro-Caribbean trade, new bureau
The East African
The African Export-Import Bank (Afreximbank) has pledged a $700 million investment towards setting up a regional bureau in the Caribbean to support Africa-Caribbean trade…. Read more>>

Digital Humanitarianism in Africa: Hope of Hype?
Institute for Security Studies
Many humanitarian organizations, including in Africa, are revolutionising their service delivery through new technology… Read more>>

Chinese brands are in the lead as Africa’s demand for 5G smartphones grows
Quartz Africa
As more countries in Africa keep testing 5G networks, their citizens are upgrading from 4G smartphones to 5G-enabled ones, so they can be part of what Big Tech foresee will be the ignition point of the global digital economy. Despite the slow pace of 5G network infrastructure development in Africa, the enthusiasm to be part of the next generation of the internet age remains high…. Read more>>

Dubai’s Emirates to resume Lagos flights after Nigeria releases funds
Emirates will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion funds the Dubai airline had earned in the country but had not been able to repatriate… Read more>>