Corporate Council on Africa’s latest news updates

 

(Posted 11th May 2023)

 

CCA MEMBERS IN THE NEWS

Nigerian president to commission Dangote refinery in two weeks
Reuters
Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery in two weeks, a presidency spokesperson said on Sunday, setting up the plant for its first production since construction started in 2016… Read More

Law firm Winston bulks up in Washington amid infrastructure push
Reuters
Chicago-founded law firm Winston & Strawn on Monday said it has added a trio of partners from Reed Smith who say demand for their services has been buoyed as the United States implements a major infrastructure bill… Read More

 

U.S.-AFRICA RELATIONS

Biden issues order setting path for sanctions in Sudan
AP News
President Joe Biden signed an executive order on Thursday setting the path to sanction individuals involved in the recent violence in Sudan that’s left hundreds dead and thrown the African nation into chaos... Read More

AIM For Climate Summit: Vision for Adapted Crops and Soils in Africa
U.S Department o State
The U.S. Department of State, Office of the Special Envoy for Global Food Security, is organizing a breakout session during the AIM for Climate Summit that will discuss the role of developing climate-resilient seeds and improving soil health and fertility in determining the future success and sustainability of food systems... Read More

ENERGY

African Energy Bank will free continent from expensive oil loans says PAU
Monitor
The Uganda Petroleum Authority (PAU) has said the Africa Energy Bank, expected before the end of this year, will free Africa, Uganda inclusive from expensive energy-related funding, resulting from perceived increase in risks… Read More

Africa Needs $700 Billion of Finance for Green Energy and Metals
Bloomberg
Africa will need more than $700 billion in finance over the next decade to develop renewable power and mines to extract the metals required for the green energy transition, according to Standard Bank Group Ltd… Read More

In Africa- Mini & Microgrids Will Win, Floating Solar Power Arrives
Clean Technica
As Mark Turner wisely pointed out in the comments section under my last article for CleanTechnica about solar mini grids in Africa: “Distributed AND ubiquitous AND lowest-cost. Mini and micro-grids will win.” With this sort of power, African countries can reduce pollution, desalinate sea water, create jobs and hopefully get rid of fossil fueled vehicles. From the resources of Afrik 21, here is this month’s roundup of solar news from the green and gold continent… Read More

Burundi’s First Utility-Scale Solar Plant Expands Africa’s Renewable Energy Capacity
Solar Quarter
President Ndayishimiye of Burundi visited Gigawatt Global’s solar power plant in Mubuga, Burundi, near the capital Gitega, the nation’s first utility-scale solar field. The high-profile celebratory event was attended in-person and remotely by dozens of foreign diplomats including the ambassadors of the United States, Holland and others, as well as representatives of the project partners and local dignitaries…Read More

 

HEALTH

What Africa CDC’s new public health order means for Africa and Africans
Omnia Health
The global ripple effect of the COVID-19 pandemic on all sectors remains a part of history that cannot be denied or erased. Among other crises, it had a significant impact on the already overburdened health systems especially in Africa… Read More

Official launch of the Africa CDC Reproductive Health Strategy Priorities 2022-2026
African Union
The Africa Centres for Disease Control and Prevention (Africa CDC) officially launched its Reproductive Health Strategy Priorities 2022-2026 to improve maternal and reproductive health in Africa and contribute to reducing maternal mortality within the African Union (AU) Member States… Read More

Rutgers Experts Aim to Uncover Barriers to Conducting HIV Research in Africa
Newswise
Rutgers has received a $3 million grant from the National Institutes of Health to conduct a four-year study to explore the legal and ethical barriers to conducting HIV research with youth populations in central, east, west and southern Africa… Read More

SA e-health startup Quro Medical raises $1.3m funding from Mineworkers Investment Company
Disrupt Africa
Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes… Read More

South Africa: Ramaphosa Proclaims ‘Health Revolution’ At Second Presidential Health Summit
All Africa
The Presidential Health Summit held on Thursday and Friday last week set out ten key areas targeted for intervention to meet the South African government’s objective of advancing the introduction of National Health Insurance (NHI)… Read More

INFRASTRUCTURE

The African Private Equity Market’s Role in the Continent’s Exciting Transformation (Op-Ed)
Business Post
The impact of global geopolitical and economic turbulence and the challenges of the pandemic have led private equity (PE) investors to carefully assess which sectors are expected to do well in Africa and where they can find high-quality assets at the right price…Read More

Africa: The EU Global Investment Initiative That Could Close Africa’s Infrastructure Gap
All Africa
The European Commission recently unveiled eighty-seven projects–including everything from rapid bus transit systems to solar plants and data centers–as part of its Global Gateway initiative to support infrastructure, health, education, and climate-change adaptation in regions across the world… Read More

Building Africa’s capacity for pandemic and epidemic intelligence
Brookings
The COVID-19 pandemic revealed that coordination and collaboration between countries on surveillance and epidemic intelligence were poor and led to ineffective and inefficient decision-making. This poor collaboration was not limited to countries with poor capacity but applied also to countries with advanced capacities and good socio-economic relations… Read More

TELUS International expands global operations to Africa
Yahoo Finance
TELUS International (NYSE and TSX: TIXT), a leading digital customer experience innovator that designs, builds and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands, today announced it has established operations in South Africa and Morocco. TELUS International now operates in 32 countries located across five continents around the world… Read More

ICT

Nigeria and Smart Africa Alliance’s Digital Train
This Day Live
Nigeria’s membership of SMART Africa will boost access to broadband and usage of ICT, reckons Ibrahim Hassan. The drivers of Nigeria’s digitalization process are widely applauded for their proactive initiatives to maximize the country’s gain from Information and Communication Technology (ICT)… Read More  

AfricaMinister Kunkuyu Calls Upon African Nations to Address Cyber Security Threats
All Africa
Minister of Information and Digitalization Moses Kunkuyu has called upon African nations to take candid steps in addressing security threats in the cyberspace if the continent is to progress digitally… Read More 

Khazna Data Centres plans to set up Egypt’s first hyper-scale date centre
Intelligent CIO
Khazna Data Centres (Khazna), the largest network of hyper-scale data centres in the Middle East and North Africa region, has announced its plan to enter the Egypt market with Benya Group, a leading integrated solution, Digital Transformation and ICT infrastructure provider in Egypt and the MEA region… Read More

Kenyan banking app targets fast-growing youth market in Africa
Developing Telecoms
Ecobank Kenya, in collaboration with Fingo, a Kenyan fintech, has unveiled the Fingo Africa banking app, aimed at young people. Launched last week in Nairobi, the app will roll out across Ecobank’s pan-African footprint of 33 countries as well as France, the UK, the UAE and China…. Read More