Corporate Council on Africa’s latest news updates

 

(Posted 06th February 2025)

 

CCA IN THE NEWS

Future Forward: What is Next for US-Africa Trade
Wilson Center
Africa Program director, Oge Onubogu, and co-host for this season, Witney Schneidman, take stock of the current moment in time and ask a series of US-Africa trade experts, What would you like to see next for AGOA and for US-Africa trade? Guests discuss coordination with the African Continental Free Trade Area (AfCFTA), prospects for renewal, diaspora investment, and the role of China, with Oge and Witney reflecting on implications for the future of AGOA and US-Africa trade….Read More>>

CCA MEMBERS IN THE NEWS

Google.org’s $30M Generative AI Accelerator Closes Application Feb 7  
TechBuild.Africa 
This global open call is looking for nonprofits, civic entities, academic institutions, and social enterprises to apply to participate in the Generative AI Accelerator. Selected organizations will receive a share of $30M alongside 6 months of structured support with access to dedicated pro bono assistance from Google employees, technical training, and Google Cloud credits to build socially impactful gen AI-powered solutions across Google.org’s… Read More>> 

ExxonMobil’s billions of Guyana Barrels turn Heads from Abuja to Acrra 
Africa Intelligence 
Wowed by the South American country’s oil boom, Ghana is organising itself to become the gateway for all African oil investments there, as Nigeria lies in wait… Read More>>

Jean Boule Group Joint Venture with State-Owned ENDIAMA Announces Major Investment in Angola’s N’Dumba Diamond Concession
Jean Boule Group
The JEAN BOULLE GROUP (the “GROUP”) is pleased to announce that JBDM Ltd., a company controlled and managed by the GROUP, is developing the N’Dumba diamond concession in Angola via a joint venture (“the Joint Venture”) with ENDIAMA, the National Diamond Company of Angola… Read More>> 

 

U.S.-AFRICA RELATIONS 

Priorities for the U.S Administration and Congress on Strengthening Economic Relations with Africa 
Carnegie Endowment for International Peace 
With the reelection of President Donald Trump, the new administration has an opportunity to boldly reimagine the U.S. economic relationship with Africa. Already, President Trump has signaled a turn towards foreign policies that are likely to take a different approach to securing U.S. interests abroad and realigning the relationships that America has with the world… Read More>>

Congress, Africa, and Trump: What does the future hold? 
Brookings 
When the African Growth and Opportunity Act (AGOA) was passed into law under President Bill Clinton in 2000, it did more than elevate trade and investment on the U.S.-Africa policy agenda. It also helped to forge a bipartisan consensus in Congress based on the foreign policy rationale that the U.S. has interests in Africa that were worth investing in… Read More>>

ENERGY

Africa Energy Bank Targets Mid-year Launch with South Africa Indicating Interests 
Reuters
The proposed Africa Energy Bank, which aims to fund oil and gas projects across the continent, is set to start operations by mid-year this year, with South Africa also indicating interest to join, an Afreximbank official said… Read More>>

Can Morocco’s First LNG Project Transform North Africa’s Energy Map?  
Morocco World News
Morocco will enter the liquefied natural gas (LNG) market by the end of 2025, with UK-based Sound Energy finalizing the development of the country’s first LNG processing facility at the Tendrara field… Read More>>

HEALTH

Stakeholders Discuss Progress, Next Steps for Africa’s Health Security at Manufacturing Forum 
Gavi The Vaccine Alliance 
The 2nd Vaccine and Other Health Products Manufacturing Forum, organised by the Africa Centres for Disease Control and Prevention (Africa CDC), Gavi, the Vaccine Alliance, the Regionalized Vaccine Manufacturing Collaborative (RVMC) and the Unified Procurement Authority of Egypt (UPA), opened in Cairo, the Arab Republic of Egypt this week… Read More>>

Huge Development for Medical Aid Members in South Africa: Report 
BusinessTech 
South African medical aid members may soon find relief amid growing concerns over the National Health Insurance (NHI) Act, following reports of an informal agreement between key political figures within the Government of National Unity (GNU)… Read More>> 

CS Debora Barasa Explored Options for Funding Healthcare Programs in Kenya 
Tv47 Digital 
The government of Kenya is planning to work on interventions including sustainable health financing through domestic resources to fill the gap left by US funded health programmes.T his is after US president Donald Trump decided to cut foreign aid funding… Read More>> 

INFRASTRUCTURE

Middle East Investment Key to Expanding South Africa’s Agricultural Exports and Infrastructure 
Fresh Plaza 
For South Africa, the Middle East’s engagement offers potential for attracting investments and expanding export markets, especially within agriculture. Eastern South Africa and former homelands face challenges like poor land governance and inadequate infrastructure, hindering integration into formal value chains… Read More>> 

Nigeria: FG Targets $100 Bln GDP Boost with New Creative, Tourism Infrastructure Plan 
Zawya 
The Federal Government has unveiled an ambitious plan to position the country’s creative and tourism sectors as key drivers of economic growth, with the potential to contribute at least $100 billion to the nation’s GDP… Read More>> 

AGRIBUSINESS

Leveraging AATB’s Food Security Program to Power the Agribusiness Sector 
Farmers Review Africa 
South-South Cooperation fosters collaboration among developing countries in the global South, enabling them to exchange knowledge, skills, resources, and best practices to drive mutual growth and development. This cooperation is crucial in addressing shared challenges and encouraging mutual growth… Read More>> 

East African Engineers Agriculture Reforms 
AgriBusiness Global 
Governments, NGOs and private industry are all playing a huge role in transforming Africa’s fragmented agriculture production systems. Good agriculture practices, pesticides, fertilizers, irrigation, financing and cooperatives for agronomy and marketing alike are all playing major roles as Sub-Saharan Africa embraces the challenge of feeding more people… Read More>> 

ICT

Pioneering ICT Growth Through Policy and Security 
Forbes Africa 
Kenya’s ICT sector has grown dramatically over the last few decades, and TESPOK (Technology Service Providers of Kenya) has been at the forefront of this revolution. Under Fiona Asonga’s leadership, TESPOK continues to drive technological advancements, infrastructure development, and policy advocacy, establishing Kenya as a key player in the African technology space… Read More>>

Corporate Access: Leveraging Transformation & Robust ICT Solutions in Business 
CNBC Africa 
In today’s rapidly evolving digital landscape, the Internet of Things stands at the forefront of technological innovation, transforming industries and enhancing everyday life. As businesses and consumers increasingly rely on interconnected devices, the importance of robust IoT solutions becomes paramount. This Corporate Access looks into MTN Business and it solutions that empower organisations to harness the full potential of connected technologies… Read More>> 

FINANCE

The Impact of Media Stereotypes on Africa’s Financial Health 
CNBC Africa 
Media stereotypes have a great impact on Africa’s financial health. Africa could be losing up to $4.2 billion annually in interest payments on its loans primarily due to stereotypical narratives that dominate global media coverage of the continent. This session will address the need to change Africa’s narrative through media… Read More>> 

African Development Bank Partners with AXIAN Telecom to Accelerate Africa’s Digital Transformation 
AfDB 
The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will accelerate the modernization and expansion of AXIAN Telecom‘s network infrastructure, with a focus on 4G and 5G deployment; while also driving digital innovation in its operations, enabling them to expand to more countries… Read More>> 
 
Fintechs Doing ‘Phenomenal Job’ at Banking Small Merchants 
Africa Report 
The aim is to boost financial inclusion and drive economic growth, says Aida Diarra, Vice President and Head of Region for Visa… Read More>> 

Your comments are welcome and will receive a response in due course.