Corporate Council on Africa’s latest news

 

(Posted 11th October 2024)

 

CCA MEMBERS IN THE NEWS

United Adds Eight New Destinations in Largest International Expansion in History
United
Starting in May 2025, United will launch five new nonstop flights* from its hub in Newark/New York to destinations no other U.S. airline serves including Nuuk, Greenland; Palermo, Italy; Bilbao, Spain; Madeira Island, Portugal and Faro, Portugal. The airline is also adding three new nonstop routes from Washington D.C./Dulles, including its first-ever flight to Dakar, Senegal operating year-round and new seasonal nonstop flights to Nice, France and Venice, Italy….Read More>> 

Vodafone, Google deepen AI ties across Europe, Africa
Reuters
Britain’s Vodafone said on Tuesday it has deepened its strategic partnership with Alphabet’s (Google) in a ten-year, billion dollar plus deal that will bring the U.S. tech giant’s new generative AI-powered devices to customers across Europe and Africa...Read More>>

 

 

U.S.-AFRICA RELATIONS
Department of State Exchange Program Connects African Universities with HBCUs
U.S Department of State
In support of National Historically Black Colleges and Universities (HBCUs) Week, the Department of State is strengthening educational partnerships between African universities and HBCUs through an International Visitor Leadership Program (IVLP) exchange. Participants of this professional exchange program include African higher education faculty, administrators, and government officials from 11 countries who are interested in internationalizing university campuses and strengthening and expanding higher education linkages with U.S. higher education institutions… Read More>>

What U.S. Elections Could Mean for Africa
Center for Strategic & International Studies
Presidential elections in the United States are consequential to every region of the world. Historically, however, they have mattered less in Africa, on which a bipartisan policy consensus in Washington has largely prevailed. Washington’s fundamental approach to the continent has not varied substantially from one administration to the next. Indeed, since the Clinton administration, the U.S. approach to Africa has followed a similar formula involving signature development programs…Read More>>

ENERGY
Shifting Power: The Road to South Africa’s Just Energy Transition
Pulitzer Center
South Africa is one of the world’s biggest carbon emitters because of its dependence on coal for energy production. Ending that dependence and transitioning to a low-carbon scenario will be expensive and extremely disruptive for many communities. There will be a shifting of power from parts of the country that are dependent on the fossil fuel economy to those that are more suitable for renewable energy production…Read More>>

It takes two: North Africa-Europe interconnectors could deliver 24 GW of clean energy
RystadEnergy
Europe’s transition to a greener power sector is gaining speed, with North Africa set to be a key enabler of this process. New capacity additions from solar and wind, weaker power demand and a partial comeback of hydropower and nuclear energy have seen Europe’s power mix turn increasingly green in the recent years. Rystad Energy forecasts 73% of the continent’s electricity will come from clean sources by 2035, with imports from North Africa potentially delivering up to 24 gigawatts (GW) through subsea interconnectors, supplying Europe with a reliable stream of clean power…Read More>>

HEALTH
Rwanda’s Marburg Outbreak Is Under Control, Africa’s Health Chief Says
U.S News & World Report
An outbreak in Rwanda of the Ebola-like Marburg fever is under control and travel bans targeting the East African country are unnecessary, the head of Africa’s top public health agency said Thursday...Read More>>

Africa’s largest healthcare expo to showcase innovation in Cape Town
Cape {town} Etc
This annual event, now in its 14th year, will be a major showcase of healthcare innovation and technology, aiming to set the stage for the future of collaborative healthcare across the continent. It will also highlight Cape Town’s potential to unlock growth within the healthcare sector both provincially and nationally.In the lead-up to the congress, Western Cape Minister of Health Mireille Wrenger shared her thoughts during a joint networking event with Africa Health and WESGRO. She emphasised that Cape Town, with its unique infrastructure, position, and community, is perfectly suited for bold innovations in healthcare to thrive… Read More>>

INFRASTRUCTURE
Beam Global To Enter Ethiopian Market: Appoints Agent Partner for Africa’s First Off-Grid Renewably Energized EV Charging and Energy Resiliency Infrastructure
Yahoo! Finance 
Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced Beam Global and the company’s products will be introduced in Ethiopia as a first move to support the African continent and serve the esteemed Ethiopian government in its progressive efforts to electrify transportation and build a more sustainable and adaptable energy infrastructure…Read More>> 

African Development Bank VP woos Korean businesses for infrastructure development in Africa
African Development Bank 
African Development Bank Group Vice President for Private Sector, Infrastructure, and Industrialization, Solomon Quaynor, recently concluded a two-day visit to South Korea, where he emphasized the crucial role of public-private partnerships (PPPs) in advancing African infrastructure development. During his September 9-10 visit, Quaynor delivered a keynote address at the Global Infrastructure Cooperation Conference (GICC) and engaged with leaders from Korean government agencies and the private sector. He encouraged them to explore the vast investment opportunities in Africa and highlighted the upcoming Africa Investment Forum, set to take place in Rabat, Morocco, from December 4-6…Read More>>

AGRIBUSINESS
African Agri Investment Indaba targets transformative change in agriculture sector
Zawya
As Africa’s agricultural sector faces increasing challenges from climate change and insufficient infrastructure, the African Agri Investment Indaba (AAII) remains a vital platform for promoting large-scale investment in the continent’s agriculture… Read More>>

A whole range of solutions for African agriculture in Kigali
Agridigitale

Gilbert Houngbo, President of IFAD, Tony Blair, the former British Prime Minister, Dr. Rajiv Shah, president of the Rockefeller Foundation and Xavier Leprince, deputy director of Syngenta Agro France proposed a recipe for sustainable agriculture in Africa at the 8th Agriculture Green Revolution Forum (AGRF)…Read More>>

ICT
Empowering the cloud: Shalini Boodhooa on Cybersecurity, Regulation, and Women in Africa ICT  
Africa Telecom Review 
As Africa’s digital landscape evolves, cloud services are spurring growth and innovation. Shalini Boodhooa, Alliance & Partnerships Manager at MTN, provides insight into cloud adoption, essential cybersecurity measures, and the effects of regulatory frameworks. She also addresses challenges women face in the ICT industry, such as gender bias and mentorship gaps, and assesses initiatives to support women in tech. Boodhooa highlights the crucial role of community and networking in enhancing support for women in the field…Read More>>

ICT CS Dr Margaret Ndung’u Officially Kicks Off The Smart Government Summit
CIO Africa 
The Cabinet Secretary, the Ministry of ICT and Digital Economy, Dr Margaret Ndung’u, has officially kicked off the Smart Government Summit at the Hyatt Regency Hotel. During her key address at the event, the CS talked about the government’s plans for a technology-driven economy. We are standing on the cusp of a new era where technology and data are not just tools but core components of governance. Kenya has made tremendous progress, with initiatives such as the Digital Superhighway, the National Optic Fibre Backbone Infrastructure (NOFBI), and Digital Village Smart Hubs. These advances are positioning Kenya as a leader in the digital economy,” …Read More>>

FINANCE
How an African Approach to financing models can drive growth and inclusion 
World Economic Forum 
Defaults have risen in Africa – from Nigeria to Kenya. While it is partly caused by high interest rates and inflation, there is one more component that needs to discussed: the African view of consumer debt and finance system. The Western financial model, characterized by widespread use of credit cards and high consumer borrowing, starkly contrasts with African financial behavior… Read More>>

The World Bank Group and Partners Launch Sustainable Finance Knowledge Center for Francophone Africa 
International Finance Corporation 
The World Bank Group and partners have launched the “Sustainable Finance Knowledge Center for Francophone Africa” today. A first preview of the center was presented two weeks ago at the annual Global Meeting of the SME Finance Forum in Brazil. This virtual platform, available in both English and French, is designed to equip companies and financial institutions across Francophone Africa with the knowledge and skills necessary to accelerate the transition toward sustainable finance and business models. The Center aims to transform sustainability aspirations into effective climate action... Read More>>

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