Corporate Council on Africa’s latest news updates

 

(Posted 31st August 2023)

 

CCA IN THE NEWS

Ooni hails John Olajide’s appointment as chair of Corporate Council on Africa
The Cable 
Adeyeye Ogunwusi, the Ooni of Ife, has congratulated John Olajide, the Nigerian businessman, who was recently named as the new Corporate Council on Africa (CCA) chairman…Read More>>

 

CCA MEMBERS IN THE NEWS

Google opens applications for AI-focused Africa accelerator programme 
Disrupt Africa
The latest Google for Startups programme in Africa recognises the transformative role AI is playing across the world, innovating industries and reimagining the realms of possibilities. It also highlights the significant contributions of African startups in addressing some of the region’s most pressing challenges through the use of AI…Read More>>

 

U.S.-AFRICA RELATIONS
Department of State Begins Construction on New U.S. Embassy in Kinshasa, Democratic Republic of the Congo
U.S. Department of State
As a demonstration of the enduring commitment to strengthening the relationship between the United States and the Democratic Republic of the Congo (DRC), U.S. Ambassador to the DRC Lucy Tamlyn, with representatives from the U.S. Mission to the DRC, the U.S. Department of State’s Bureau of Overseas Buildings Operations (OBO), and Congolese officials, celebrated the groundbreaking of the new U.S. Embassy in Kinshasa on August 29… Read More>>>

ENERGY

Gold mining, climate change, and Africa’s transition
Brookings Institute 
Gold mining has, over the last decade or so, been a growth industry in many host countries across Africa. For example, in Ghana–now Africa’s largest gold producer– gold represents around a quarter of the value of its total annual exports. And while global gold mine production has grown by 26 percent since 2010, in Africa it has risen by nearly 60 percent, and in at least 10 African countries it has more than doubled. The value of that gold and its contribution to the GDP of those host countries has risen even faster…Read More>> 

Solar can shift Africa away from risky hydropower reliance 
Sustainability Times
Africa’s hydropower has long been seen as a cornerstone of energy access and economic development, from the new Grand Ethiopian Renaissance Dam to the Kariba Dam, built in the 1950s to serve Zambia and Zimbabwe. But a new study suggests that with the rise of alternative renewables and more climate-driven risk for water resources, up to two-thirds of possible future hydropower plants in Africa are not worth the investment…Read More>>

HEALTH
African governments kick off region’s flagship health meeting 
WHO Africa 
African health ministers and government representatives today opened the Seventy-third session of the World Health Organization (WHO) Regional Committee for Africa to discuss and agree on key measures to address the region’s health challenges, advance and promote good health and well-being… Read More>> 

African governments are collaborating with tech innovators to strengthen local health supply chains 
Zawya
Research noted nearly 50 partnerships between health startups and African governments, with a focus on optimizing local health supply chains and improving health outcomes across the continent…Read More>>

Rise of drone delivery service for medical supplies in Africa
Omnia Health 
Africa is experiencing a boom in the drone or unmanned aerial vehicle (UAV) industry, which is growing into a sizeable business. People are starting to understand the various advantages of employing drones for both commercial and non-commercial uses, which has helped this quickly developing industry thrive…Read More>>

AGRIBUSINESS

UPL Publishes 2023 Africa Sustainability Impact Report
AgriBusiness Global
The ASIR outlines the progress UPL has made over the last year to create sustainable opportunities for Africa’s farmers and food value chain stakeholders through the provision of tailored technologies, solutions and services, as well as its efforts to improve the environmental and social performance of farming systems…. Read More>>Youth asked to make use of the acquired agribusiness skills
Monitor
The Bank of Uganda Mbarara Branch manager, Mr. Julius Turyamwijuka advised the participants to grow their personal brands by applying what they have studied to benefit communities they originate from…Read More>>

ICT

Cisco Looks to Help Close the Skills Gap in Africa by investing in EDGE
No Jitter 
The new center in Lagos, Nigeria, will attempt to offset digital emigration and grow local talent by offering Cisco technology, training programs, and access to global Cisco experts to aid business development…Read More>>

South Africa Gears Up for Its Landmark ICT Conference
IT News Africa
Former President Goodluck Jonathan has said that as the backbone of the African economy, agriculture can only grow with the adoption and deployment of agricultural technologies. The ex-president stated this on Wednesday at an occasion to mark his unveiling as the African Agriculture Technology Foundation (AATF), Goodwill Ambassador…Read More>>

Dawn of a new day for Africa: building a modern digital economy 
CIO
Africa is reshaping itself as a new economic powerhouse by harnessing the power of digital transformation. Africa is undergoing a remarkable transformation, rebuilding the foundations of its economy with new value-creating digital infrastructure…Read More>>

FINANCE
African Development Bank’s FIMES project marks success in bolstering transitional economies
African Development Bank Group
In a successful effort to propel transitional African economies towards stability and growth, the African Development Bank’s Financial Modelling for the Extractives (FIMES) project has showcased remarkable results, as representatives from eight African countries benefiting from FIMES concluded a final learning workshop in Abidjan last Thursday…Read More>>

Bridging the trade finance gap: Absa’s digital journey in Africa 
Trade Finance Global
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations. The African trade landscape has navigated its own complex journey through market turbulence and volatility, with rising inflation and supply limitations posing hurdles..Read More>>