Corporate Council on Africa’s latest news

 

(Posted 14th November 2024)

 

CCA MEMBERS IN THE NEWS

Ethiopian Airlines secures management deal for South Sudan’s national carrier
Business Insider Africa
The government of South Sudan and Ethiopian airlines have entered a partnership agreement to establish and manage a national carrier for South Sudan… Read More>>

Coca-Cola Beverages Africa invests $50mln in Namibia, boosting production capacity by 30%
Zawya
Coca-Cola Beverages Africa (CCBA) has invested $50m in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30% and stimulate growth throughout the company’s value chain…Read More>>

Mastercard Drives Africa’s Gaming Industry Forward With Its Inaugural Esports Summit in Casablanca
Businesswire
Mastercard has solidified its position as a leader in Africa’s rapidly growing gaming industry by hosting the company’s first-ever Africa Esports Summit in Casablanca. The event was a pivotal step in Mastercard’s broader mission to empower Africa’s esports and gaming ecosystem, emphasizing its strategic commitment to supporting digital economies and fostering the continent’s gaming landscape… Read More>>

 

 

U.S.-AFRICA RELATIONS 

African Leaders Congratulate Trump
WSJ
African leaders, from Nigeria to South Africa to Zambia, congratulated Donald Trump and said they were looking forward to strengthening their partnerships with the U.S… Read More>>

Vice President of Ghana-Nebraska Agribusiness Chamber highlights a long-term Action Plan to Strengthen Agribusiness Ties between Ghana and Nebraska
GNEBCham
The Vice President of the Ghana–Nebraska Agribusiness Growth and Trade Relations Chamber (GNEBCham), Mr. Cecil Sunkwa-Mills, has highlighted an ambitious long term vision of GNEBCHAM, to ensure they are able to positively make impact in expanding trade opportunities, educational exchanges, imports, exports   and expand markets and Agribusiness opportunities for both Nebraskan and Ghanaian businesses… Read More>>

ENERGY

Africa Energy Week 2024: Invest in Africa Energies: Energy growth through an enabling environment
CNBC Africa
The Africa Energy Week unites African energy leaders, global investors and executives across the public and private sectors to discuss the future of Africa’s energy industry. The special will bring key voices from that will highlight challenges in the energy sector and changes in policies needed to close the energy poverty gap… Read More>>

Africa Energy Week 2024: Siemens Energy tackling energy challenges in Africa
CNBC Africa
In this segment of Focus On we put the spotlight on Siemens Energy and their decarbonization strategy at the Africa Energy Week. As organizations work toward creating better access to energy to close the energy poverty gap, we find out what the role of automation is in enhancing energy systems’ efficiency and reliability… Read More>>

HEALTH

A New Digital Health Platform for Africa
Africa CDC
As the use of digital tools for effective healthcare delivery gradually takes hold in Africa, the Africa CDC has unveiled a new platform that caters to member states’ differing technology needs, including access, cost, and infrastructure… Read More>>

Vaccine doses allocated to 9 African countries hardest hit by mpox surge
WHO
The Access and Allocation Mechanism (AAM) for mpox has allocated an initial 899 000 vaccine doses for 9 countries across the African region that are hit hard by the current mpox surge. In collaboration with affected countries and donors, this decision aims to ensure that the limited doses are used effectively and fairly, with the overall objective to control the outbreaks… Read More>>

INFRASTRUCTURE

Angola: After 20 years, Luanda finally opens new airport
The Africa Report
Designed to accommodate 15 million passengers per year, the infrastructure embodies Angola’s aviation ambition and brings to fruition a colossal project launched in 2005… Read More>>

AGRIBUSINESS

Green Inclusive Finance from aBi Finance empowering Ugandan smallholder farmers
The Independent Uganda
In line with its strategic focus, aBi Finance recently launched a new business plan for 2024- 2028, setting ambitious targets aimed at promoting climate resilience and economic empowerment for Uganda’s smallholder farmers and agribusinesses. Through this plan, the company seeks to reach 83,000 smallholder farmers with at least 40% of beneficiaries are expected to be women, and 40% youth… Read More>>

ICT

Musk’s Starlink gets Chad go-ahead to improve internet access
Reuters
N’DJAMENA, Nov 12 (Reuters) – Chad said on Tuesday it had approved the licensing of Elon Musk’s satellite internet provider Starlink to improve access to internet services in the central African country… Read More>>

Prosper Africa’s Tech for Trade Alliance Announces a Pharmaceutical Tracing Pilot in South Africa as part of U.S. Digital Transformation with Africa (DTA) Strategy
IBM Newsroom
Prosper Africa’s Tech for Trade Alliance (AT4T) is launching its latest pilot in Africa to field test a digital platform intended to bring visibility to Africa’s drug supply chains, creating a more transparent, efficient, and safe commercial market for medications… Read More>>

FINANCE

IMF reaches staff agreement with Zambia for $185.5 million disbursement
Reuters
The International Monetary Fund said on Monday that it reached a staff-level agreement for the fourth review of Zambia’s loan program that would release about $185.5 million to Lusaka upon approval by the IMF’s management and its executive board. …Read More>>

Rwanda’s Prime Energy lists first green bond on bourse
CNBC Africa
Prime Energy Plc has successfully raised 9.58 billion Rwandan francs in its debut green bond issuance, exceeding its 9.5 billion target. The bond, now listed on the Rwanda Stock Exchange, attracted major investors, with Rwanda Social Security Board (RSSB) securing majority of the total purchases. CNBC Africa’s Ericks Shyaka has been following key developments and spoke to RSSB’s Philippe Watrin for more… Read More>>

Kelp Blue Plans to Issue Africa’s First Corporate Blue Bond
Bloomberg
Kelp Blue plans to issue Africa’s first corporate blue bond next year to expand its giant kelp forests along Namibia’s cost… Read More>>

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