Corporate Council on Africa’s latest news updates

 

(Posted 20th February 2025)

 

CCA MEMBERS IN THE NEWS

Africa Finance Corporation Raises US$400 mm in Oversubscribed Islamic Facility 
Kenya Wall Street 
Infrastructure solutions provider Africa Finance Corporation (AFC) has raised US$400mn Murabaha Islamic financing facility from 11 institutions. The facility was raised from the initial US$300mn to US$400mn due to a 47% oversubscription in a round led by Abu Dhabi Islamic Bank, Emirates Islamic Bank and Al Rajhi Bank… Read More>>

Ethiopian Airlines Signs 7-year Maintenance Deal with Airbus 
Techweez 
Ethiopian Airlines, the largest airline group in Africa, has signed a 7-year Flight Hour Services (FHS) contract with Airbus.  This contract provides for the maintenance of ET’s fleet of 24 Airbus A350 aircraft, encompassing both the A350-900 and A350-1000 variants… Read More>>

Pfizer to ship 4.5 Million Vaccine doses to South Africa by June 
The Guam Daily Post 
Pfizer Inc. will ship 4.5 million doses of its COVID-19 vaccines to South Africa by June helping the nation ramp up its inoculation drive. The first 325,260 doses will arrive Sunday night, Zweli Mkhize, South Africa’s health minister said in a statement. The government also expects Johnson & Johnson to release stock from the Aspen Pharmacare Holdings Ltd.’s plant in the nation by the middle of May following a verification process with regulators, according to the statement… Read More>>

 

U.S.-AFRICA RELATIONS 

The Six Areas in Trump’s Executive Orders that Countries in Africa and the Global South Should Pay Attention
Carnegie Endowment for International Peace 
Given America’s heft as the world’s largest economy and preeminent military superpower, President Donald Trump’s sweeping agenda will surely be felt around the world. A few hours after his inauguration, Trump issued an unprecedented forty-four executive orders and memos across a wide range of areas—from bureaucratic reorganization to trade, energy, and migration—that  communicated his intention to swiftly implement his policy agenda and campaign promises… Read More>>

 

ENERGY

Infrastructure Development in Africa’s Energy Sector: Opportunities for Growth and Investment 
Africa.com
Africa’s energy sector presents significant opportunities for investment and growth through targeted infrastructure development. Despite the continent’s abundant hydrocarbon resources, inadequate infrastructure has historically impeded efficient extraction, processing and distribution. Addressing these gaps can unlock substantial economic potential and meet the rising energy demands both within Africa and globally… Read More>>

South Africa: Sola Group to Commission Two Wheeling Projects This Year
Africa Energy Live Data 
Cape Town-headquartered Sola Group has provided African Energy with an update on the progress of its 132MW Lichtenburg 1 and the 150MW Springbok solar PV plants. Once completed the IPPs will add to the company’s growing portfolio of wheeling projects… Read More>>

HEALTH

Safeguarding Africa’s Health: Update on Actions in Response to Recent Ebola Outbreaks 
African Union 
Following the recent outbreak of Ebola cases reported in Uganda, The African Union (AU) is collaborating with the Ministry of Health of the Republic of Uganda to mobilise support to ensure adequate response and implementation of prevention and control measures, including deployment of senior experts from the AU’s Africa Centres for Disease Control and Prevention (Africa CDC)… Read More>>

Africa CDC and Global Health EDCTP3 Sign Memorandum of Understanding to Promote Public Health in Africa
Africa CDC
Africa Centres for Disease Control and Prevention (Africa CDC) and Global Health European & Developing Countries Clinical Trials Partnership 3 (Global Health EDCTP3) have signed a Memorandum of Understanding (MoU) to support their shared goal to promote public health in Africa and to reinforce their collaboration in strengthening health research, clinical trials, and pandemic preparedness across the African continent… Read More>>

Health Report: Healthcare Staffing Shortages see opportunity in Diaspora Groups
VOA 
Africa has more than 24% of the global burden of disease, yet only 3% of the world’s healthcare workers. Experts say people from the African Diaspora, especially those in the medical field, can play a vital role in improving healthcare access and quality on the continent. Linda Muckson Sesay, PhD., the founder of Community Health Foundation, joins VOA’s Linord Moudou to discuss the how her organization is helping to connect the African diaspora with opportunities to help treat vulnerable communities across the continent… Read More>> 

INFRASTRUCTURE

Aliko Dangote Announce Major Expansion and New Investments in Ethiopia
Dangote Group 
Dangote Group, Africa’s leading industrial conglomerate, and Ethiopian Investment Holdings (EIH) have announced a significant expansion of Dangote’s presence in Ethiopia, reinforcing the country’s attractiveness as a premier investment destination in Africa…. Read More>> 

Internet Society Spurs Action on Connectivity, Infrastructure, and Digital Inclusion Across Africa 
TechAfrica News  
Following the conclusion of the Internet Society’s 2025 Internet Development Conference, key stakeholders are calling for policy action to address critical challenges and opportunities for Internet development across Africa.The conference brought together policymakers and tech leaders in Addis Ababa, Ethiopia, to discuss Internet development in the Intergovernmental Authority on Development countries… Read More>> 

AGRIBUSINESS

“Bold Investments” Needed to Address Challenging Nutritional Burden in Africa
FAO 
The Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, told African leaders gathered in Addis Ababa today that “bold investments” are needed to achieve our collective vision for economic growth and development in Africa, a continent that continues to face unacceptably high levels of hunger and malnutrition… Read More>> 

South Africa: Rooibos Farmers Unite Agriculture, Conservation for Biodiversity 
Zawya
South Africa is facing significant biodiversity loss, with natural vegetation declining by 0.12% annually between 1990 and 2018, and the rate doubling to 0.24% from 2014 to 2018. To combat this, the Rooibos industry is implementing sustainable farming practices to protect endangered species, restore habitats, and support global biodiversity conservation efforts… Read More>> 
 

ICT

ICT Transforming Education in Africa: UNESCO Republic of Korea Funds-in-trust Phase III Project Launched in Uganda Amidst High Expectations of Digital Transformation 
Unesco  
The government of Uganda and UNESCO officially launched the Korean Funds-In-Trust (KFIT) implementation phase III Project in the country. The event held on 28th January 2025 at Fairway Hotel, in Kampala was organized by the Ministry of Education and Sports – MoES with support from the UNESCO Antenna Office in Uganda. The overarching goal of the project is to ensure that all Ugandan educators and learners use ICT to engage successfully with competency-based education… Read More>> 

The Transformative Potential of 5G Technology in South Africa  
IT News Africa.com  
There is excitement about 5G. It is the fastest-growing mobile technology in history, exceeding 1.5 billion connections by the end of 2023 and is expected to reach 5.5 billion over the next five years… Read More>>

FINANCE

Open Letter to African Ministers of Finance by Mayors and Governors of African Cities 
C40 Cities 
As mayors and governors of cities across Africa, we are issuing a collective call for urgent and collaborative action to unlock the finance we need to drive sustainable urban development and build our resilience to the escalating climate emergency. Cities are the economic engine of Africa, contributing up to 70% of the continent’s GDP… Read More>> 

Prospects for Climate Adaptation finance for Africa: A glass less than half full
Brookings Institutions 
Financing for climate adaptation action in Africa needs to increase seven to eightfold. Climate adaptation finance flows in Africa, according to the State and Trends in Adaptation 2023 report from the Global Center for Adaptation (GCA), reached only $11 billion annually in 2019-2020, and $13.9 billion in 2021-2022. Africa may need more than $100 billion per year for adaptation… Read More>> 

 

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