Corporate Council on Africa’s latest news

 

(Posted 21st March 2024)

 

CCA MEMBERS IN THE NEWS


Ethiopian Airlines unveils e-commerce logistics hub

Travel and Tour World
Ethiopian Airlines Group, Africa’s largest airline group, has inaugurated an e-commerce logistics facility at Bole Addis Ababa Airport (ADD) within the Ethiopian Cargo & Logistics premises. This new facility, dedicated to e-commerce, mail, and courier logistics services, aims to address logistical challenges and establish Addis Ababa as the cross-border e-commerce logistics hub for Africa and beyond. Offering a comprehensive range of services such as consolidation, deconsolidation, sortation, repacking, and labeling, the facility also enables customers to easily track and trace their shipments from anywhere… Read More>

Flutterwave names ex-CBN director Dipo Fatokun as new board chair
Fintech Futures
Founded in 2016, Flutterwave provides payments infrastructure to banks and businesses across 33 countries in Africa, enabling its partners to offer services including online checkout and cross-border transactions. With 30 years of experience in banking services, finance, strategy, advisory and leadership roles, Fatokun currently chairs the Board Audit and Governance Committee of United Capital and is managing director at Jasfolim Consulting, which offers payment system advisory services for companies in Nigeria… Read More>

Union54 and Mastercard launch ChitChat, a social cmmerce platform with built-in USD digital wallets in Zambia
Techpoint
The platform allows users to transfer money between their wallets and convert USD to Kwacha (the currency of Zambia) in-app. Perseus Mlambo, CEO of Union54, stated that the introduction of ChitChat stemmed from the need to provide a “safe, secure, and sovereign” platform for social commerce… Read More>

 

U.S.-AFRICA RELATIONS
African Diaspora Network (ADN) Announces Pivotal Partnership with Prosper Africa to Strengthen Economic Ties Between African and the USA
All Africa
Prosper  Africa  and ADN collaboration will debut at the upcoming African Diaspora Investment Symposium (ADIS24). African Diaspora Network (ADN) announces a pivotal partnership with Prosper Africa, dedicated to bolstering strategic and economic relations between the U.S. and  Africa…Read More>>

US-East Africa Trade Summit Set for April
Caj News Africa 
The fourth edition of the regional American Chamber of Commerce Kenya (AmCham) Business Summit will advocate for enhanced partnership and investment in the United States-East Africa trade. AmCham is the premier platform for strengthening bilateral trade and investment between the US, Kenya, and East Africa. The upcoming edition is set to be held on April 24–25, in Nairobi, Kenya… Read More>>

ENERGY

South African SEZs Prioritize Gas, Renewable Energy to Drive Efficiency
Energy Capital Power
South African Special Economic Zones (SEZ) are turning to natural gas and renewable energy to secure energy supply while improving operational efficiency. During a panel discussion at the Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) in Cape Town on Tuesday, representatives from various SEZs across the country underscored the role gas and renewables have already begun to play… Read More>>

Albertine Graben Energy Consortium East Africa Energy Security and Transition Investment (“Uganda Refinery”)
YAATRA Ventures
His Excellency President Yoweri Kaguta Museveni (H.E.) instructed the Government of Uganda to renew the Project Framework Agreement (PFA) with the Albertine Graben Energy Consortium (AGEC) led by YAATRA Africa as the lead private sector partner, with instructions to achieve a joint final investment decision on “Uganda Refinery” in 2024. The decision was taken on 7 December 2023 in presence of Government Delegation including Ministry of Energy, Ministry of Finance, PAU and other senior government officials… Read More>>

HEALTH

Okonjo-Iweala commissions Ama medical plant in Kaduna
Business Day
Ngozi Okonjo-Iweala, Director General, World Trade Organization (WTO) on Thursday performed the ground breaking ceremony for the construction of the second phase of AMA medical manufacturing plant which is set to boost the federal government’s drive in the manufacturing of pharmaceuticals and equipment locally… Read More>>

Africa CDC Kick-off the Implementation of a Continental Mental Health Leadership Workforce Programme
Africa CDC
The Africa CDC launched a new Mental Health Leadership Programme (AMHLP) to address the African population’s mental health challenges. Funded by Wellcome, the programme forms part of the Africa CDC’s continental strategic priorities on NCDs, Injuries, and Mental health, which lays out a clear pathway for coordinated actions and support for Member States on public mental health… Read More>>

INFRASTRUCTURE

Emtel and Eutelsat Group partner to build the first ground station in the Indian Ocean
Platform Africa
Emtel Ltd has partnered with  Eutelsat Group, a specialist in low orbit satellite constellations, to build the very first ground station in Mauritius. This partnership, which will benefit both customers and businesses, will help extend service coverage of Eutelsat Group’s Low Earth orbit (LEO) satellite constellation along the eastern seaboard of the African continent, to Madagascar as well as to other island nations, including large parts of the Indian Ocean… Read More
African Ministers Discuss Infrastructure Cooperation at SIDSSA Leaders Meeting 
Energy Capital & Power
South African and regional ministers convened to pinpoint key infrastructure priorities both within South Africa and across the continent during a Leaders Meeting at the Sustainable Infrastructure Development Symposium (SIDSSA) 2024 on March 18 in Cape Town… Read More>>

AGRIBUSINESS

Economic Commission for Africa (ECA), World Food Programme (WFP) Explore Renewable Energy Solutions for Enhanced Food Security in Madagascar 
African Business
A joint team from the Economic Commission for Africa (ECA) and the World Food Programme (WFP) has concluded a three-day series of strategic discussions on enhancing food security through renewable energy in Madagascar… Read More>>

FAO unveils $650,000 grant to boost organic vegetable production and research in Tanzania
Farmers Review Africa
The United Nations’ Food and Agriculture Organisation (FAO) has injected $650,000 as a grant in an agreement signed with the World Vegetable Centre (WVC) Eastern and Southern Africa to boost organic vegetable production and research in Tanzania… Read More>>

ICT

Over 3,000 delegates to meet in Nairobi in April to drive Africa’s connectivity agenda
Zawya
The main focus of the event, according to Kenya’s ICT Authority will be on addressing the Africa’s digital policy, infrastructure, and investment gaps that continue to widen the digital divide across the continent in line with the African Union’s Agenda 2063… Read More>>

Africa Begins Efforts to Regulate Artificial Intelligence 
Tech in Africa
In Tanzania’s Zanzibar archipelago, rural agriculturists are employing an AI-powered application named Nuru, which operates in the local Swahili language, to identify a catastrophic disease affecting cassava crops early on to prevent its spread. Meanwhile, in South Africa, computer science experts have developed machine learning algorithms to study the effects of racial segregation on residential patterns. Furthermore, in Nairobi, Kenya, AI technology is being utilized to sort through images captured by thousands of surveillance cameras installed around the vibrant city center’s lampposts… Read More>>

FINANCE

Africa is financing its development agenda through domestic resource mobilization
African Union
The African Union has over the past two years recorded an impressive implementation rate of the 2016 decision on financing of the Union. As of the 20th of December 2018, there were 25 countries, representing about 45% of AU membership, that were at various stages of domesticating the Kigali Decision on Financing the Union… Read More>>

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