Corporate Council on Africa’s latest news

 

(Posted 07th December 2023)

 

CCA MEMBERS IN THE NEWS


TDB Group and FSD Africa Collaborate on Project Preparation Facility for Climate Action Projects in Africa 

Trade and Development Bank 
The Eastern and Southern African Development Bank Group (TDB Group) and Financial Sector Deepening Africa (FSD Africa) are pleased to announce a new partnership on the sidelines of COP28 to accelerate the implementation of climate action projects across the continent… Read More>>

Dar and Sun Africa sign MoU at COP28
Energy Global
International design and engineering firm, Dar Al-Handasah, has signed a memorandum of understanding (MoU) with Sun Africa, a renewable energy sector specialist with a portfolio of major renewable energy projects across Africa… Read More>>

Africa Finance Corporation Signs $350 Million Long-term Line of Credit with African Development Bank for Infrastructure
African Business
Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement, which was signed during the ongoing 28th Conference of the Parties (COP 28), supports urgently needed financing for infrastructure projects to underpin sustainable development and economic growth… Read More>>

 

U.S.-AFRICA RELATIONS

Assistant Secretary of State for International Organization Affairs Sison’s Travel to Ghana 
U.S. Department of State
Assistant Secretary of State for International Organization Affairs Michele Sison will travel to Accra, Ghana December 3-7 for the UN Peacekeeping Ministerial.  The Assistant Secretary will accompany Head of Delegation U.S. Representative to the United Nations Linda Thomas-Greenfield and other U.S. officials…Read More>>

The United States Joins Multinational Declaration to Triple Nuclear Energy Capacity by 2050 to Support Global Climate and Energy Security Goals 
U.S. Department of State
Today, U.S. Special Presidential Envoy for Climate John Kerry joined leaders and ministers from four continents to announce the Declaration to Triple Nuclear Energy at the U.N. Climate Change Conference in Dubai, United Arab Emirates (COP28)… Read More>>

Accelerating Fast Mitigation: Summit on Methane and Non-CO2 Greenhouse Gases
U.S. Department of State
The United States, People’s Republic of China, and United Arab Emirates today convened a Summit to accelerate actions to cut methane and other non-CO2 greenhouse gases as the fastest way to reduce near-term warming and keep a goal of limiting global average temperature increase to 1.5 degrees Celsius within reach… Read More>>

Joint Statement on the United States and Africa CDC’s New Joint Action Plan
U.S. Department of State
On November 28, on the sidelines of the Third International Conference on Public Health in Africa in Lusaka, Zambia, the U.S. government and the Africa Centres for Disease Control and Prevention (Africa CDC) announced a Joint Action Plan to advance a shared vision to strengthen public health systems and deliver improved health outcomes in Africa… Read More>>

FACT SHEET: The U.S.-Angola Partnership 
The White House 
As the United States and Angola mark 30 years of diplomatic relations, our bilateral relationship is deepening with regular senior-level engagements and increasing cooperation on key shared objectives.  Angola is a strategic partner and regional leader, and the U.S.-Angola partnership is critical to advancing our shared goals of economic prosperity, regional security, and increasing energy security in Africa and the Atlantic… Read More>>

ENERGY

COP28: African countries sign on to join pioneering global battery energy storage consortium 
African Development Bank Group 
Several African countries have formally expressed interest to join the groundbreaking Battery Energy Storage Systems (BESS) Consortium, launched Saturday during COP28, which could revolutionise Africa’s energy landscape by developing advanced energy storage solutions through collaboration and innovation… Read More>>

COP28: Mozambique’s $80 billion energy transition will leverage its vast renewable resources, says President 
African Development Bank Group 
Mozambique’s $80 billion energy transition strategy will leverage the country’s vast renewable resources to position the country as a sustainable investment destination and deliver energy to its people, President Filipe Nyusi said at the COP28 summit in Dubai… Read More>>

HEALTH

Global partners pledge US$77 million to combat neglected tropical diseases 
World Health Organization
In a historic effort to combat neglected tropical diseases (NTDs) and improve the lives of 1.6 billion people globally, partners pledged a ground-breaking US$ 777 million at the 2023 Reaching the Last Mile (RLM) Forum… Read More>>

INFRASTRUCTURE

$175 million pledged for Alliance for Green Infrastructure in Africa 
ESI Africa
In a powerful signal during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropic organisations have pledged more than $175 million to the Alliance for Green Infrastructure Africa (AGIA)… Read More>>

AGRIBUSINESS

The future of Kenya’s agribusiness is automation and mechanisation 
Business Daily 
The logistics and supply chain industry is going through an upgrade globally. Thanks to robotic process automation, artificial intelligence (AI), and so on. Operations are being automated and streamlined, and workers are now tasked with managing sophisticated technology instead of performing mundane tasks. Here’s how technology is changing the supply chain for the better… Read More>>

North Africa’s use of drones in the agricultural sector 
The North Africa Journal 
A drone buzzed back and forth above rows of verdant orange trees planted near Nabeul, eastern Tunisia. The black unmanned aircraft, equipped with a multi-lens camera and sensors, has been enlisted by Tunisian farmers to help adapt to years of drought and erratic weather patterns caused by climate change… Read More>>

ICT

Africa50: Africa’s opportunity to bridge the digital divide 
Infrastructure Investor 
There are many nuances that exist between regions and countries on the African continent that can have a significant bearing on investment strategies. This is particularly apparent across the African data centre market, where a wealth of opportunities and challenges reside. Read More>>

Huawei launches program to develop skills in Mauritius 
English News
Chinese high-tech company Huawei launched its digital skills development program on Thursday in Ebene, 15 km south of Mauritius’ capital Port Louis, with the aim of enhancing the information and communications technology (ICT) skills of over 1,000 individuals within a year… Read More>>

FINANCE

Revolutionizing African Finance: Innovations explored at COP28 side event 
African Development Bank Group
As the climate crisis continues to grip the world’s attention, discussions at the COP28 UN climate conference have expanded beyond environmental strategies to include innovative financial solutions. A groundbreaking dialogue held as a side event at the conference shed light on the role of finance in shaping Africa’s future, with insights from speakers who are driving transformative initiatives on the continent… Read More>>