Corporate Council on Africa’s latest news

 

(Posted 12th September 2024)

 

CCA IN THE NEWS

Corporate Council on Africa Announces Angola as Host of 2025 U.S.-Africa Business Summit

Corporate Council on Africa
The Corporate Council on Africa (CCA) has the high honor of announcing that the Government of the Republic of Angola will host the 17th U.S.-Africa Business Summit in 2025 in the city of Luanda, Angola.  Following on a meeting of CCA leadership with His Excellency João Lourenço, President of the Republic of Angola during the May 2024 U.S.-Africa Business Summit in Dallas, Texas, a Memorandum of Understanding (MOA) was developed and was signed today in Washington, DC by H.E. Mr. Agostinho Van-Dunem, Ambassador of the Republic of Angola to the United States and Ms. Florizelle (Florie) Liser, President and CEO of CCA to officially mark this important collaboration….Read More>
CCA MEMBERS IN THE NEWS
Cavista Technologies Extends Global Reach With Botswana Office

New Telegraph
Nigeria-based Cavista Technologies, a global technology services company, has expanded its global footprint and reach with the opening of Botswana office, as it looks to add over 500 high-skill IT jobs in furtherance of its commitment to grow Africa market….Read More>>
U.S.-AFRICA RELATIONS
Department of State Hosts Inaugural U.S.-Nigeria Strategic Energy Dialogue
U.S. Department of State
Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the inaugural U.S.-Nigeria Strategic Energy Dialogue in Washington, DC on September 11-12, hosting a senior delegation from the Nigerian government led by the Honorable Minister of State Petroleum Resources Ekperikpe Ekpo….Read More>>

USAfrica Business Week During UNGA: A Gateway and Boost for Nigerian Non-Oil Export
Daily Trust
In a significant move to enhance trade relations between the United States and Africa, the USAfrica Business Week is set to return to New York City in September 2024, marking its seventh edition. This event, themed “Bridging Continents, Empowering Trade,” promises to be a pivotal platform for advancing Nigeria-US trade relations, particularly in the non-oil sector….Read More>>

Africa: Atlanta and Africa Forge New Creative Frontiers
All Africa
“The United States and Africa place such a high value on the creative sector,” said Lisa Walker, Managing Director of Africa Operations at Prosper Africa. The objective of the U.S. initiative, Walker said, is to promote investments and trade relations with African countries. “Atlanta is gaining recognition as a vibrant and thriving center, and is transforming into a significant platform for African voices, such as storytellers, fashion designers, and musicians, to collaborate and advance,” she said….Read More>>

ENERGY
NEA visits Kenya to explore co-operation, participates in discussions on advancing nuclear energy programmes in Africa
Nuclear Energy Agency
An NEA delegation led by Director-General William D. Magwood, IV visited Kenya on 21-30 August 2024 to see firsthand the progress made in developing the country’s nuclear energy programme, which foresees the construction and commissioning of its first nuclear power plant as well as a research reactor in the next decade…..Read More>> 

Morocco Is Top African Buyer of U.S Thermal Coal
Morocco World News
Rabat – Morocco has emerged as the leading African importer of U.S thermal coal in the first half of 2024, purchasing a record 2.8 million tonnes—a staggering 100% increase from the same period last year. A recent report by the U.S Energy Information Administration (EIA), released on September 4, highlights Morocco’s leap in the global coal trade…..Read More>>
HEALTH
Media is a Desired Partner in Managing Health Crises
Africa CDC
African Centres for Disease Control and Prevention (Africa CDC) hopes its vigilance over the health welfare of Africa will be further developed as it engages with the members of the fourth estate while it fights outbreaks and health challenges in member states.
The WHO and Africa CDC declared an international health emergency after a rise in cases associated with a new strain of mpox in the Democratic Republic of Congo, in early August….Read More>>

African CDC and WHO Launch Joint Continental Plan to Scale Up Mpox Outbreak Response
Africa CDC
In a significant step to strengthen and accelerate the response to the ongoing the mpox outbreak, the Africa Centres for Disease Control and Prevention (Africa CDC) and World Health Organization (WHO) today launched a joint continental response plan for Africa to support countries’ efforts to curb the spread of the virus, save and protect lives….Read More>>

INFRASTRUCTURE
Bridgewater Associates, Global Citizen And Harith General Partners Unveil New Research On The Economic Potential Of Sub-Saharan Africa’s Growing Population

Africa.com
Bridgewater Associates, one of the world’s most renowned hedge funds and macroeconomic researchers, together with the international advocacy organization Global Citizen, and the leading Pan-African investor and developer across the continent, Harith General Partners, have partnered to produce brand new research highlighting the economic potential of Sub-Saharan Africa’s rapidly expanding population. The collaboration brings together decades of expertise in global economic analysis and advocacy to shed light on the region’s pivotal role in shaping the future global economy….Read More>>

UN General Assembly Adopts Multidimensional Vulnerability Index
IISD
Following decades of advocacy by small island developing States (SIDS), the UN General Assembly (UNGA) adopted, without a vote, a resolution outlining the new Multidimensional Vulnerability Index (MVI), which “aims to capture exogenous vulnerabilities and lack of resilience to exogenous shocks of… developing countries, so as to ensure credibility and comparability.”…Read More>>
AGRIBUSINESS
4 takeaways from the Africa Food Systems Forum
Devex
The Africa Food Systems Forum ended with a set of outcomes to help the continent battle a worsening hunger crisis, as leaders lobbied development partners for support ahead of a new continent-wide agricultural policy due out early next year. Nine heads of state, 37 ministers, seven former heads of state, and 40 heads of international agencies were among the nearly 5,000 attendees in Kigali, Rwanda, last week for the continent’s largest agriculture conference….Read More>>

Africa Food Systems Forum: Youth in agribusiness push for access to finance

The New Times
As the Africa Food Systems forum ends on September 6, in Kigali, youth in agribusiness have called for “fund for youth’s startups in agribusiness in Africa” to be considered in the resolutions which organizers could come up with. About 200 youth were given space at the summit including an area dubbed “youthdome” where they gathered and shared bankable business ideas in agribusiness….Read More>>

ICT
Rwanda Breaks Ground on US$2 Billion Kigali Innovation City, Set to Become Africa’s Leading Tech Hub
Taarifa
A groundbreaking ceremony was held today for the highly anticipated  Kigali Innovation City (KIC), a US$2 billion project that aims to transform Rwanda into Africa’s leading technology and innovation hub.The event, presided over by Prime Minister Dr. Edouard Ngirente, marked the beginning of the construction of the state-of-the-art tech village in the Kigali Special Economic Zone, Gasabo District….Read More>>

SEACOM and ICT SMME Chamber Sign Landmark MOU to Boost ICT Sector Growth
Tech Africa News
The Chairperson of the Portfolio Committee on Communications and Digital Technologies, Ms Khusela Sangoni Diko, has welcomed the signing of the Memorandum of Understanding (MOU) between SEACOM South Africa (Pty) Ltd and ICT SMME Chamber, calling it a groundbreaking milestone. Seacom South Africa is a diversified ICT provider of scale, with presence in eight countries around the world that prides itself on its extensive undersea cable network and fibre grid, allowing its corporate clients to tap into exceptional digital connectivity and services….Read More>>

A Landmark Achievement in South Africa’s ICT Industry: The Partnership between SEACOM and the ICT SMME Chamber
Cape Town Today
SEACOM South Africa and the ICT SMME Chamber have signed a Memorandum of Understanding (MOU), marking a new phase of shared ambition and cooperation in South Africa’s Information and Communications Technology (ICT) sector. This partnership presents an opportunity for SMMEs in the ICT sector to leverage SEACOM’s digital services and expedite their growth, while also serving as a model for future collaborations in the industry. The MOU signifies a significant shift in South Africa’s digital economy and reflects the Parliament’s dedication to promoting meaningful economic transformation and participation….Read More>>

FINANCE
Africa Finance Corporation (AFC) Leads Nigeria’s Inaugural Domestic Dollar Bond, Raising Over US$ 900 Million
Africa.com
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced the issuance of an inaugural domestic dollar bond from the Federal Government of Nigeria (FGN), raising US$900 million and marking a significant milestone in the country’s economic development….Read More>>
South Africa: New water resources infrastructure bill to boost development, finance
Zawya
As South Africa faces an intensifying water crisis, government is placing the spotlight on the water and sanitation sector by shifting from the “business as usual” approach to unlock innovative funding for increased water infrastructure development. On Tuesday, 27 August 2024, President Cyril Ramaphosa approved the South African National Water Resources Infrastructure Agency SOC Limited Bill (the Bill)…..Read More>>

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