(Posted 09th November 2023)
CCA IN THE NEWS
New deal for African, US companies to partner under AfCFTA
The New Times
African and US companies will soon enjoy a partnership of trading and investment building on provisions provided under the African Continental Free Trade Agreement (AfCFTA).This is according to a new Memorandum of Understanding signed between the AfCFTA Secretariat and Corporate Council on Africa – an American organisation devoted to fostering US-Africa business relations – with an aim to increase private sector support and involvement in realising the goals of the continental trade agreement…Read More>>
CCA MEMBERS IN THE NEWS
Chevron and Angola Collaborate on Lower Carbon Initiatives
Energy Capital Power
American multinational energy corporation, Chevron, through its Angolan subsidiary – Cabinda Gulf Oil Company Limited (CABGOC) – has signed a Memorandum of Understanding (MoU) with Angola to identify low carbon business opportunities….Read more>
U.S.-AFRICA RELATIONS
US launches investment network to engage private sector in Africa minerals strategy
The Africa Report
The US government on Wednesday launched a new public-private partnership to try to enroll the corporate sector in its competition with China for control over strategic minerals in Africa and beyond.The State Department is partnering with the non-profit SAFE to create the Minerals Investment Network for Vital Energy Security and Transition, or MINVEST…Read More>>
US strips four more countries of AGOA trade benefits
The African Report
President Joe Biden informed Congress on 30 October that four more African countries would lose their duty-free access to the vast US market in 2024 after failing to qualify for the African Growth and Opportunity Act (AGOA).The announcement regarding Gabon, Niger, Uganda and the Central African Republic (CAR) comes on the eve of the annual AGOA forum in Johannesburg…Read More>>
U.S. Delegation Joins 20th AGOA Forum
U.S. Department of State
A senior U.S. Government delegation is traveling to South Africa to participate in the 20th African Growth and Opportunity Act (AGOA) Forum in Johannesburg, November 2-4. AGOA is a cornerstone of the U.S. trade relationship with Africa. At this Forum, the United States looks forward to constructive dialogue with African partners in government, the private sector, trade unions, and civil society about AGOA’s strategic value and impact. Timely reauthorization and modernization of AGOA is a priority of the Biden-Harris Administration...Read More>>
ENERGY
Foundation Empowers Youths in Clean Energy, Sustainable Environment
All Africa
SAHARA Group Foundation has empowered young African social innovators and entrepreneurs with seed funding for improving access to clean energy and sustainable environments across the continent.Director, Sahara Group Foundation, Ms Ejiro Gray also expressed commitment to supporting the young innovators during an event in which they provided seed funding to 10 outstanding fellows from its Sahara Impact Fund (SIF) Fellowship programme…Read More>>
Kenyan Innovators Transform Invasive Plants Into Clean Cooking Fuels For Refugees
Capital FM
A Kenyan cooking stove manufacturing company, USAFI Green Energy, is making waves with its innovative approach to addressing cooking fuel and environmental challenges within refugee communities in Kenya. The company’s groundbreaking efforts have earned them a nomination for the prestigious Ashden Award, recognizing their contributions to sustainable and clean energy solutions…Read More>>
HEALTH
Rwanda should consider manufacturing ARVs — expert
New Times
Rwanda should consider manufacturing ARVs since they are a lifelong treatment for patients, yet there is no guarantee that foreign partners will continue providing them to the country “forever”, Hind Hassan, the UNAIDS Representative to Rwanda, told The New Times.Rwanda depends on external resources to treat more than 220,000 people living with HIV in the country. The medication is manufactured in foreign countries and provided to Rwanda via an arrangement that is mainly financed through the Global Fund or the US President’s Emergency Plan for AIDS Relief (PEPFAR)…Read More>>
INFRASTRUCTURE
Gov’t to repurpose 1,000 idle state-owned buildings
The New Times
The government is taking proactive measures to address the issue of exorbitant annual office rental costs for public entities, which currently amount to roughly Rwf12 billion.According to Alphonse Rukaburandekwe, the Director General of the Rwanda Housing Authority (RHA), there is a plan to put idle buildings to use…Read More>>
Cabinet Approves Construction Of Dams, Reinstatement Of Water Pans To Boost Water Supply
Capital FM
The Cabinet has approved the construction of multiple dams and the reinstatement of over 4,000 water pans. The ambitious plan, which is part of the government’s Bottom-Up Economic Transformation Agenda, is set to cost approximately Ksh 83 billion…Read More>>
AGRIBUSINESS
Leather Exporters Eyeing Govt Support to Penetrate Int’l Market
All Africa
Ethiopian leather and leather product exporters are looking for the government support to tackle challenges and penetrate the international market.Although the acceptance of Ethiopian leather product in the international market is increasing, the government should provide support to overcome the challenges in the sector, the exporters said…Read More>>
Govt assures financing option for every farmer
Herald
FARMERS should take advantage of one of the many agriculture financing methods made available to them by the Government to drive production and productivity on their farms, a senior Government official has said.Lands, Agriculture, Fisheries, Water and Rural Development permanent secretary, Professor Obert Jiri dissected the various forms of agriculture financing local farmers can use to maximize production on their farms…Read more>>
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ICT
Inside Rwanda’s plan to move all government services online
New Times
As Rwanda seeks to add over 200 e-services to Irembo — an online portal that serves as a gateway to different government services — by mid-next year, at least five million Rwandans need digital literacy to be able to use the platform, according to the Ministry of ICT and Innovation.Yves Iradukunda, the Permanent Secretary at the Ministry of ICT and Innovation said digital literacy is the backbone of Rwanda’s digital transformation as technology is an enabler of socio-economic development…Read More>>
FINANCE
CAF to host Governance & Finance workshops with all 54 Member Associations
CAF Online
The Confédération Africaine de Football (CAF) will be rolling out its first ever CAF Governance and Finance Roadshow with all its 54 Member Associations.
In line with the CAF President, Dr Patrice Motsepe’s bold vision of making African football to be globally competitive and self-sustainable, CAF is embarking on this unique roadshow that will see the governing body of African football guiding its Member Associations in putting in place efficient measures of stabilising and improving Governance and Finance structures within their respective Associations…Read More>>
PARTNER EVENTS
U.S. BUSINESS SUMMIT
MAURITIUS
Meet with high-level Mauritian Government officials and
discover business opportunities in FinTech & Banking, ICT,
Cybersecurity, Renewable Energy, Healthcare, and
Biotechnology….Read More>>
Located at the confluence of Africa and Asia, Mauritius is recognized as a regional business
hub and is ranked one of the 20 best places in the world to do business with. A member of
several trade agreements such as SADC (Southern Africa, AfCFTA (Continental Africa), and
CECPA (India), the country offffers a stable political, economic, and legal environment
alongside a pro-active and business friendly Government…Read More>>
