Corporate Council on Africa’s latest news

 

(Posted 15th February 2024)

 

CCA MEMBERS IN THE NEWS


Pfizer and Saama expand deal to expedite clinical research

Pharmaceutical Technology
Pfizer has expanded its multi-year agreement with Saama, intensifying efforts to expedite clinical research.The strategic development builds on the collaboration that began in 2020, aimed at automating Pfizer’s data review processes leveraging artificial intelligence (AI)….Read More>>

Africa’s Largest Carrier: Ethiopian Airlines Adds 2 New Destinations
Simple Flying
As everyone knows, Ethiopian is by far Africa’s largest carrier. This is the case in many respects, including its African network. The addition of Freetown and Maun follows the relaunch of Bangui, Central African Republic, in November 2023. It returned after an 11-year absence…. Read More>>

Google One hits 100 million subscribers
The Verge
Google CEO Sundar Pichai announced Friday that his company has logged 100 million subscriptions to Google One, its all-in-one subscription service that opens up additional storage for free services like Gmail, Drive, and Photos, as well as access to more features…Read More>>

 

U.S.-AFRICA RELATIONS
Assistant Secretary Phee’s Travel to Ethiopia
U.S Department of State
Assistant Secretary of State for African Affairs Molly Phee will travel to Addis Ababa, Ethiopia February 12-17, 2024.  Assistant Secretary Phee will be joined by Special Envoy for the Horn of Africa Ambassador Mike Hammer, U.S. Global AIDS Coordinator and Senior Bureau Official for the Bureau of Global Health Security and Diplomacy Dr. John Nkengasong, U.S. Agency for International Development’s Assistant Administrator for the Bureau for Africa Monde Muyangwa, and other senior U.S. Government officials.  Their travel will focus on the African Union (AU) Summit, where they will meet with AU officials, as well as heads of state and ministers attending the summit.  While in Addis Ababa, Assistant Secretary Phee will also meet Government of Ethiopia officials to discuss bilateral and regional issues….Read More>>

ENERGY

World Bank approves $202m to support Kenyan transmission and regional access
African Energy
The World Bank Group has approved a $202m finance facility to help address grid constraints and enable regional interconnections – opening the way for a doubling of hydropower imports from Ethiopia – under the second phase of its ten-year green energy programme for Kenya…Read More>>

UNN Gets N600m Solar Power Plant
Daily Trust
Performing the ground-breaking ceremony at the Faculty of Engineering, UNN, the Managing Director of Azura Power West Africa, Mr Edu Okeke, said the inauguration of the 240KW solar project and a car park was to support the university community to strengthen academic performance and further enhance and promote education in Nigeria…Read More>>

Sawa Energy Secures Funding to Boost Expansion in East Africa
Tech In Africa
Sawa Energy is revolutionizing how small and medium-sized enterprises (SMEs) in East Africa access energy. Operating in Rwanda and Uganda, the company is breaking down barriers by removing initial costs, thereby making solar power and energy-efficient solutions accessible and affordable…Read More>>

HEALTH
Construction of Kairouan University Hospital to Begin Before End of H1 2024
All Africa
The construction works of King Salman bin Abdulaziz University Hospital in Kairouan are expected to begin before the end of the first half of 2024, after the resolution of problems and difficulties, said a Prime Ministry statement issued on Monday evening. The same source added that the progress rate of the road-works and external infrastructure of this hospital has reached 20%…Read More>>

Kidney transplants now covered under Mutuelle de Santé – RSSB
New Times
Patients suffering from chronic renal failure can now get kidney transplant procedures covered by the community-based health insurance scheme (CBHI) commonly known as Mutuelle de Santé, it has emerged. As of January 28, 2024, 18 successful kidney transplant surgeries were performed at King Faisal Hospital (KFH), according to data from the Kigali-based hospital…Read More>>

INFRASTRUCTURE
IFC invests $20 million in Africa50 Fund to support sustainable infrastructure development in Africa
Apps Africa
To support sustainable infrastructure development across Africa, IFC has announced a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund (IAF Fund), which will invest in digital infrastructure, renewable power and energy, transportation, logistics, and water and sanitation projects…Read More>>

AGRIBUSINESS

Empowering Women in Agriculture (EWA)’s 7th High-Level Breakfast Meeting on the margins of the 37th African Union Summit
All Africa
The 7th High-Level Breakfast Meeting of the Empowering Women in Agriculture (EWA) initiative in line with the established mechanisms of the African Union Commission on Food and Security, aims to highlight and commend the significant strides made in empowering women in agriculture. EWA is championed by HE Ellen Johnson Sirleaf, Former President of the Republic of Liberia and HE Olusegun Obasanjo, Former President of the Federal Republic of Nigeria…Read More>>

ICT
Microsoft Plans New Data Centre Campus in South Africa
Tech In Africa
Microsoft has revealed plans to construct an expansive data centre campus in Kosmosdal, Centurion, South Africa. This facility will expand Microsoft’s cloud infrastructure footprint in the country amid surging demand for services like Azure and Dynamics 365.While still in early development phases, Microsoft said the new campus aligns with its commitment to enabling digital transformation and powering AI adoption across Africa…Read More>>

Meta Partners With Ingressive for Good to Unveil a Digital Marketing Scholarship Program
Tech Trends
Meta, in cooperation with Ingressive for Good, an edtech organization dedicated to enhancing the earning potential of African youth in the tech industry, is awarding scholarships to at least 5,000 young people in Nigeria, South Africa, Côte d’Ivoire, and Kenya to help them succeed in their digital careers….Read More>>

FINANCE
Visa Africa Fintech Accelerator Program: First Cohort to Pitch at Demo Day in Nairobi
Apps Africa
Visa, a world leader in digital payments, is hosting its Africa Fintech Accelerator program’s first demo day on February 13th in Nairobi to showcase innovations from emerging fintech start-ups from 18 countries across Africa. Launched in June 2023, the program aims to enable Africa’s expanding start-up community by bringing expertise, connections, technology, and investment funding…Read More>>

Yellow Card unveils Rapid Cross-Border Transactions
IT News Africa
As Africa steadily moves towards widespread adoption of digital assets, it becomes crucial for exchanges to offer more cost-effective solutions for buying, selling, receiving, and sending various digital assets.Among these assets, stablecoins have emerged as the preferred option for investment, remittances, and cross-border payments due to their tie to the value of the dollar, which shields against inflation and mitigates volatility commonly associated with other digital assets…Read More>>

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