Corporate Council on Africa’s latest news

 

(Posted 17th October 2024)

 

CCA MEMBERS IN THE NEWS

United Airlines Announces New Nonstop Year-Round Flights Between Dakar and Washington D.C.
Airspace Africa
United Airlines today announced plans to further expand its Africa route network with the introduction of a new nonstop year-round three-times weekly service between Dakar and Washington, D.C., the airline’s first ever service between Senegal and the United States. Starting 24 May 2025 (subject to government approval), United will be the only airline connecting Dakar with Washington, D.C., and next year will fly from more destinations in Africa than any other U.S. carrier… Read More>>

ACDI/VOCA Named to Top Workplaces 2024 List, CEO Sylvia Megret Honored with Leadership Award
ACDI/VOCA
ACDI/VOCA has been awarded a Top Workplaces 2024 honor by The Washington Post. In its first year vying for the award, ACDI/VOCA ranked seventh out of the 100 companies named to the list in the mid-size category (150-499 employees)…Read More>>

 

U.S.-AFRICA RELATIONS

US and African leaders discuss race to White House during VOA town hall
VOA
U.S. and African leaders recently participated in a Voice of America town hall discussion, with the focus on the race for the White House between Democratic Vice President Kamala Harris and Republican former President Donald Trump — and how the outcome could impact U.S.-Africa relations.  VOA’s Mike Hove has more… Read More>>

US Pins Africa Nuclear Win on Technology as Ghana Weighs Options
Bloomberg
The US beat out Russia last month to build Ghana’s first small modular nuclear reactor, in a deal Washington sees as prizing its technology over cheaper financing even as the West African nation keeps future options open… Read More>>

United States Provides Over $4 Million to Support the Mpox Response in Uganda
U.S. Embassy in Uganda
The U.S. government is providing $4.1 million, or approximately 15 billion Ugandan shillings, and 5,500 mpox tests to support the mpox response in Uganda… Read More>>

ENERGY
Nigeria signs deal to supply gas to proposed $3.5 billion petrochemical plant
Reuters
Nigeria took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to a proposed $3.5 billion Brass fertilizer and petrochemical plant, an official said on Friday… Read More>>

Japan’s Toyo to produce solar cells in Ethiopia for US plant
Reuters
Japan’s TOYO Co. Ltd (TOYO.O) on Monday said it will build a 2 gigawatt solar cell factory in Ethiopia that will provide duty-free components to a panel factory it is planning in the United States… Read More>>

Progress in gender parity: African women’s growing role in renewable energy
Business Insider Africa
An inspirational yet problematic dynamic is at the center of the transition taking place in Africa’s renewable energy sector: the involvement of women… Read More>>


HEALTH

Rwanda’s Marburg outbreak is under control, Africa’s health chief says
ABC News
KAMPALA, Uganda — 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>>

Ghana Finalizes the Digitization of Its Healthcare System 
wearetech.africa
To achieve universal health coverage for its population, Ghanaian authorities are relying on various technological solutions. They have opted for a public-private partnership to reach their goal…Read More>>

INFRASTRUCTURE

Algeria to invest $3 billion in expanding water desalination capacity by 2030
Smart Water Magazine
Algeria is set to invest $3 billion in the second phase of its water desalination expansion project, with plans to build six new plants by 2030, reports Zawya… Read More>>

Nigeria strengthens aviation infrastructure with launch of 15 million-litre jet fuel depot
Business Insider Africa
Nigeria’s aviation industry has received a major boost with the scheduled launch of the 15 million-litre capacity Joint User Hydrant Installation 2 (JUHI-2), the country’s largest airside aviation fuel depot. The facility located off the Murtala Muhammed International Airport road, Lagos will start operations on October 17, 2024… Read More>>

AGRIBUSINESS

Africa’s farming future could include more digital solutions
VOA
More than 400 delegates and organizations working in Africa’s farming sector are in Nairobi, Kenya, this week to discuss how digital agriculture can improve the lives of farmers and the continent’s food system… Read More>>

ICT

Kenya opens Africa’s first AI skilling centre
itweb.africa
The Africa Centre of Competence for Digital and Artificial Intelligence (AI) Skilling has been established in Kenya to act as an incubator for public sector innovation aimed at enhancing service delivery… Read More>>

Falling cost of space flight makes room for African companies
Semafor
The fast-falling cost of rocket launches has opened up the space industry to African companies, with several smaller nations in the continent rushing to develop their space programs. So far, 17 African countries have put more than 60 satellites into orbit, with several others expecting operations to begin in the coming months, the BBC reported… Read More>>

Advancing tech, innovation, and AI governance in Africa
Brookings
Rwanda has made impressive progress in driving inclusive digitalization across its economy. By harnessing data-driven insights, the country has empowered evidence-based policymaking, fostered innovation, and catalyzed digital transformation of Rwandan society. In this episode, host Landry Signé speaks with Crystal Rugege, the managing director of Rwanda’s Center for the Fourth Industrial Revolution about her journey from Silicon Valley to driving impactful technology initiatives in Rwanda and Africa… Read More>>

FINANCE

Kenya allows JPMorgan Chase to set up representative office locally
Reuters
Kenya’s central bank said on Monday that it had authorised JPMorgan Chase (JPM.N) to establish a representative office in the East African country… Read More>>

Moody’s upgrades Ghana’s ratings to ‘Caa2,’ revises outlook to positive on debt restructuring efforts
Reuters
Global credit ratings agency Moody’s on Friday upgraded Ghana’s long-term local and foreign currency issuer ratings to “Caa2” from “Caa3” and “Ca,” respectively, citing extensive debt treatment that has significantly alleviated the government’s financial burdens… Read More>>

Intra-Africa trade could double in next five years, says Secretary General of African Continental Free Trade Area
CNN
Africa is home to the world’s largest free trade agreement, in terms of number of countries, territory, and population – the African Continental Free Trade Area (AfCFTA). Fifty-four of 55 African Union member countries have signed up to the deal which covers a market of 1.3 billion people and a combined GDP of $3.4 trillion… Read More>>

 

 

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