(Posted 02nd May 2024)
CCA MEMBERS IN THE NEWS
African Development Bank and World Health Organisation to transform Africa’s primary healthcare
African Development Bank Group
The African Development Bank Group and the World Health Organisation have agreed to strengthen their partnership and scale up the transformation of Africa’s primary healthcare.During a meeting on Sunday on the side lines of the Islamic Development Bank’s annual meetings in Riyadh, the Bank Group’s President Dr. Akinwumi Adesina and the Director General of WHO Dr. Tedros Adhanom Ghebreyesus, said investing in continent’s primary healthcare infrastructure could solve 85 per cent of Africa’s healthcare problems….Read More>>
Flutterwave founder named vice chair of US-Africa Business Center’s board
IT Web
The U.S. Chamber of Commerce’s US-Africa Business Center announced yesterday that Flutterwave has been named vice chair of its board of directors, represented by its founder and CEO, Olugbenga Agboola.The group stated at the US-Nigeria Executive Dialogue in New York City that it had the honour of getting the endorsement of Nigerian President Bola Tinubu…Read More>>
U.S.-AFRICA RELATIONS
US official announces business partnership with Kenya
VOA News
About 1,300 delegates and 400 companies participated in the fourth American Chamber of Commerce summit in Nairobi, Kenya, where Kenya’s president William Ruto says his country is ready for business — and means business.”The 2024 summit’s theme — catalyzing the future of U.S. East Africa Trade and Investment intentionally — draws on the previous edition to develop a strategic platform for commercial advocacy, which will strengthen bilateral trade between Kenya and the U.S., as well as between our region and the U.S.,” said Ruto….Read More>>
2024 U.S.-Nigeria Binational Commission Concludes in Abuja
U.S Department of State
U.S. Deputy Secretary of State Kurt M. Campbell and Nigerian Foreign Minister Yusuf Tuggar co-chaired the sixth round of the U.S.-Nigeria Binational Commission (BNC) in Abuja on April 29-30, 2024. Established in 2010, the BNC is the premier platform of official engagement between the Governments of the United States and Nigeria to expand cooperation and advance shared goals and democratic values. This year’s BNC built on the strong foundation agreed during the January 23, 2024, meeting between President Bola Tinubu and Secretary of State Antony J. Blinken in Abuja, as well as the momentum from the last BNC held in Washington, D.C. in February 2020…Read More>>
ENERGY
Clean energy critical minerals can transform sub-Saharan Africa-IMF
Engineering News
Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the potential to transform the region, the International Monetary Fund (IMF) states in its ‘Regional Economic Outlook’ report….Read More>>
Energy firm to invest $10bn on renewable energy in Africa
Vanguard
The drive to increase Africans’ access to power has received a boost as Genesis Energy Group Limited and the U.S. Agency for International Development have signed a Memorandum of Understanding (MOU), to mobilize $10 Billion for strategic climate investments in green energy, renewable energy projects, and nature-based solutions that respond to countries’ Nationally Determined Contributions under the Paris Agreement…Read More>>
New World Bank Report Calls for Strengthening Resilience of Ghana’s Health System in Response to Climate Change
All Africa
Accra — new World Bank report released today, calls for urgent action to strengthen the resilience of Ghana’s health system against the adverse effects of climate change. The report, titled Climate and Health Vulnerability Assessment (CHVA) for Ghana, identifies gaps and risks to the country’s health sector, while recommending policy actions and providing valuable insights into capacity to adapt to climate related shocks…Read More>>
HEALTH
African Development Bank and World Health Organisation to transform Africa’s primary healthcare
African Development Bank Group
The African Development Bank Group and the World Health Organisation have agreed to strengthen their partnership and scale up the transformation of Africa’s primary healthcare.During a meeting on Sunday on the side lines of the Islamic Development Bank’s annual meetings in Riyadh, the Bank Group’s President Dr. Akinwumi Adesina and the Director General of WHO Dr. Tedros Adhanom Ghebreyesus, said investing in continent’s primary healthcare infrastructure could solve 85 per cent of Africa’s healthcare problems….Read More>>
INFRASTRUCTURE
Nigeria secures $600 million Maersk investment in seaport infrastructure
CNBC Africa
Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk MAERSKb.CO, the presidency said in a statement on Sunday.The investment was secured during a meeting between President Bola Tinubu and Moller-Maersk Chairman Robert Maersk Uggla on the sidelines of a World Economic Forum meeting in Saudi Arabia…Read More>>
AGRIBUSINESS
We’ll Make Oyo State A Modern Agribusiness Hub in Sub-Saharan Africa, Says Governor Makinde
Arise
Oyo Governor Makinde has promised to improve infrastructure and security with a view to attracting large investments in agriculture.Oyo State Governor ‘Seyi Makinde on Monday, reiterated his commitment to making the state a modern agribusiness hub in Sub-Saharan Africa, just as he promised to give more support to farmers and improve infrastructure and security with a view to attracting large investments in agriculture to the state….Read More>>
Africa’s Food Future: Scaling Up Proven Solutions.
Farmers Review Africa
As former UN and current African Union Food Systems Envoys, we have firsthand experience of the complex challenges confronting Africa’s food systems. Despite the continent’s abundant natural resources, it continues to struggle with food insecurity and malnutrition. The combined impacts of climatic shocks, COVID-19, and civil unrest are further exacerbating these vulnerabilities, emphasizing the urgent need for reforms to ensure food security across Africa….Read More>>
ICT
South Africa celebrates 30 years of ICT wins
IT Web
The South African ICT industry has been recognised for its efforts to advance communication services and economic growth over the last 30 years. However, burning issues remain, such as more agile and flexible policies, inclusion of SMMEs, the sector’s transformation, cheaper data costs, connectivity for all and regulation of online shopping platforms….Read More>>
Ministry to Enhance Efforts in Addressing Data, Statistics Discrepancy
All Africa
Collective action is required to address various challenges emanated from data and statistics improper usage, said Ministry of Planning and Development (MoPD).The above statement was noted yesterday by MoPD State Minister Nemera Gebeyehu while presenting Ethiopia’s experience in data and statistics at the forum held at Economic Commission for Africa (ECA). He said that sharing experience in the forum is used for attaining sustainable development goals (SDG) through collective action. Giving due attention to data and statistics is really important to attain the expected outcome in Africa…Read More>>
FINANCE
Pascal Ntsama and Oyedeji Oluwoye Have Raised $2.3M In A Seed Round For Their Web3 Neo Fintech Bank Designed To Improve Africa’s Infrastructure
Afro Tech
Canza Finance’s co-founders are leaning into Web3 to financially empower the African continent.Pascal Ntsama IV and Oyedeji Oluwoye are looking to create “the world’s largest non-institutional-based financial system” through the creation of Canza Finance, the company website mentions…Read More>>
