(Posted 26th October 2023)
CCA MEMBERS IN THE NEWS
Ethiopian Airlines Regains Title as ‘Africa’s Leading Airline’ at the 2023 World Travel Awards
AirSpace-Africa
Ethiopian Airlines soared back to the top of the African aviation scene as they reclaimed the prestigious title of ‘Africa’s Leading Airline’ at the 2023 World Travel Awards, which took place in Dubai for Africa and the Indian Ocean regions….Read More>>
Chevron Buys Hess for $53 Billion in an All-Stock Deal
Investopedia
Chevron (CVX) agreed to buy Hess (HES) for $53 billion in an all-stock deal, in the latest blockbuster oil agreement amid broader industry consolidation.Just earlier this month, ExxonMobil had also announced its acquisition of shale driller Pioneer Natural Resources, potentially raising the stakes in the oil giants’ competition in the shale industry and the Guyana basin…Read More>>
U.S.-AFRICA RELATIONS
U.S. Wants to Support Decarbonisation and New Energy Access in Africa
All Africa
Joshua Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa, Middle East in the US Department of Energy, is in Cape Town, South Africa, for Africa Energy Week, and his first stop is Critical Minerals Africa 2023…Read More>>
How can the US and Africa build on AGOA to boost trade relations?
African Business
The Africa Growth and Opportunity Act (AGOA) is unilateral and non-reciprocal US legislation that aims to promote trans-border trade between the US and African nations. It enables the US to give preferential trade benefits to African countries that satisfy eligibility requirements: these include social, political and economic governance targets…Read More>
US investors eye opportunities in Nigeria’s pension fund, infrastructure
Punch Nigeria
The enthusiasm, with which the Chief Commercial Officer of Fuelcell Energy, Mark Feasel, spoke about his experience in Nigeria and the deals he had made within three days in Nigeria, was infectious.With a smile spread across his face at the reception hosted by the US Consul General, Will Stevens, at his residence in Lagos, Feasel talked about the Memorandum of Understanding his company had signed with an energy firm, his trip to Alaro City and interest in Nigeria’s energy sector…Read More>>
ENERGY
Eskom launches the cross-border standard offer programme, enabling procurement of power from neighbouring countries
Eskom
On 18 October 2023, Eskom launched the cross-border standard offer programme (CBSOP) for short-term energy purchases from cross-border utilities and cross-border Independent Power Producers (IPPs). This gives impetus to South Africa’s efforts to add more megawatts as possible to the national electricity grid and address the issue of loadshedding…Read More>>
HEALTH
Primed to Accelerate the Reduction of Malnutrition in Rwanda
All Africa
First, Rwanda’s malnutrition levels, assessed using stunting rates of children under 5 is already declining at a very respectable rate of one percentage point per year. So, the infrastructure to reduce malnutrition is already in place…Read More>>
Stanbic Bank Donates Maternal Health Equipment to Luzira Prisons Health Centre
Market Screener
Stanbic Bank has donated an assortment of maternal health equip including mama kits and a modern delivery bed to Luzira Prison Health Center IV under the bank’s Corporate Society for Safe Motherhood, a partnership-led initiative that promotes improved maternal healthcare in Uganda…Read More>>
INFRASTRUCTURE
Analysts commend Dar Port new deal
Daily News Tanzania
Analyst have lauded the government over the signed agreements between the Tanzania Ports Authority (TPA) and the DP World for running operations at the Dar es Salaam Port for the country’s development, saying it was good that the move has considered public opinions.Speaking in separate interviews with the ‘Daily News’ on Sunday, an Economist-cum-Investment Banker, Dr Hildebrand Shayo, said the deal will benefit both sides in a number of ways including the existing of solutions for the private funding of public initiatives and save the government money…Read More>>
AGRIBUSINESS
Morocco Allocates MAD 10.3 Bln to Develop Agriculture in Quake-Affected Regions
Relief Web
The Moroccan government has allocated 10.3 billion dirhams to develop agriculture in the regions affected by the earthquake that struck of the kingdom on September 8, Minister of Agriculture, Fisheries, Rural Development, Water and Forests, Mohamed Sadiki announced on Monday.The new integrated program, which concerns both agricultural and forestry sectors, takes into account the assessment of damages and provides for the development of adequate action plans, Sadiki pointed out at the oral question session of the House of Representatives on the current agricultural campaign…Read More>>
Malawi Makes First Large-Scale Wheat Harvest
VOA News
Malawi has made its first successful large-scale harvest of wheat after years of attempts to find a variety of grain suitable for its soil.Wheat farming is seen as a solution to mitigate the impact of the Russia-Ukraine conflict on grain imports to the African continent…Read More>>
ICT
Empowering Ethiopian Women Through Digital Financial Inclusion
All Africa
Hanna Lemma, a fearless women’s rights advocate and feminist researcher from Ethiopia, is leading a revolution. She is passionate about uplifting youth, amplifying young feminist voices, and advocating for the rights of other young women in her country. Through her pioneering work at Addis Powerhouse, a young women-led feminist knowledge production platform, she is challenging the status quo and empowering young women to take their deserved place in Ethiopian politics and society…Read More>>
Samia urges African govts to use modern tech in judiciaries
Daily News Tanzania
African countries have been challenged to use modern to enhance justice dispensation.Opening the conference and annual general meeting for Southern and Eastern Africa Chief Justices forum (SEACJF) here today, President Samia Suluhu said modern technology was vital for modern man’s development saying the African governments must impetus the use of technological innovations in judicial systems for justice dispensation and in dispute resolution…Read More>>
ICT experts push for 5G adoption in Africa to drive economic growth
English News
Information and communications technology (ICT) experts attending the Mobile World Congress 2023 (MWC2023) in the Rwandan capital of Kigali have said African countries need to strengthen and speed up efforts in the deployment of 5G networks across the continent to revolutionize industries, enhance connectivity, and drive economic growth…Read More>>
FINANCE
Morocco signs $282 mln financing agreements with African Development Bank
Reuters
Morocco has signed three financing agreements with the African Development Bank worth more than 2.9 billion dirham ($281.96 million), Morocco state news agency (MAP) reported on Tuesday.The first agreement would finance a health infrastructure program with about $126.4 million, while another agreement would support a social coverage program with about $155.6 million…Read More>>
