Corporate Council on Africa’s latest news updates

 

(Posted 08th May 2025)

 

 

CCA MEMBERS IN THE NEWS

M-PESA Safaricom Launches Digital Fuel Payment Service in Ethiopia 
TechAfrica News
M-PESA Safaricom launches a new digital payment service that allows customers to Pay for Fuel with M-PESA, starting today at Bole Total Fuel Station in Addis Ababa. The service enables motorists to pay for fuel quickly and securely using their mobile phones…Read more>>

VISA and Whish Money Forge Strategic Alliance to Revolutionize Regional Fintech
TechAfrica News
Visa, a global payments technology leader, and Whish Money SAL, a leading regional fintech, has announced one of the most strategic partnerships in the region. This partnership will enable Whish to leverage Visa’s advanced services and technology for payments and money movement, while allowing Visa to expand its service offerings to over 1 million Whish app users. A signing ceremony was held to commemorate this significant collaboration, marking a new chapter in the fintech landscape of the region...Read more>>

 

 

U.S.-AFRICA RELATIONS 

After Ukraine deal, US turns its critical minerals gaze to Africa
Reuters
Away from the headlines around the minerals deal with Ukraine, the United States has pursued a potentially even more significant critical metals deal in the Great Lakes region of Africa…Read more>>

U.S. Delegation Attends Inauguration of African Space Agency in Cairo
U.S. Air Forces in Europe-Air Forces Africa
Brig. Gen. Jacob Middleton, commanding general of U.S. Space Forces Europe and Africa, and Chief Master Sgt. Alex Birkle, command senior enlisted leader, joined international dignitaries in Cairo for the inauguration of the African Space Agency 20 April…Read more>>

General Langley Engages with Leaders in Côte d’Ivoire
United States Africa Command 
U.S. Marine Corps Gen. Michael Langley, commander of U.S. Africa Command, traveled to Côte d’Ivoire, April 24-25, to meet with Ivorian leaders and deliver remarks at the opening ceremony of Flintlock 25, the command’s annual combined special operations exercise…Read more>>

 

HEALTH

WHO Commends Morocco’s Health Reforms, Continental Leadership
Morocco World News
Morocco’s Minister of Health and Social Protection, Amine Tahraoui, met in Rabat today with Hanane Hassan Balkhi, the World Health Organization’s Regional Director for the Middle East. Their talks focused on reinforcing partnership between Morocco and the WHO…Read more>>
New Gates-Backed Fund Targets Maternal and Newborn Health in Africa
Next Billion
A new fund aimed at improving the survival of mothers and newborns in Africa was launched Tuesday, backed by major philanthropic organizations including the Gates Foundation…Read more>>

 

INFRASTRUCTURE

MTN plans $2bn capital expenditure for SSA network infrastructure in 2025
CNBC Africa
The CEO of MTN Group, Ralph Mupita says the telecommunications company is earmarking about $2 billion in capital expenditure with about 90 per cent of the investment going into building wireless networks across sub-Saharan Africa this year. In a chat with CNBC Africa, he notes sustained investment in network infrastructure, improved expense management, and recent macroeconomic stability in Nigeria have helped drive MTN’s stronger financial performance in the first quarter of the year…Read more>>

Nigeria to receive $650 million yearly and an additional z43.21 billion under new AfDB deal
Business Insider Africa
The bank’s board of directors recently approved the five-year Country Strategy Paper (2025-2030) for the Nigeria fund, which will span 2025 to 2030. The fund is intended “to drive economic transformation, build resilience, and foster broad-based prosperity” across the West African country, as relayed on its Website on Thursday…Read more>>

 

AGRIBUSINESS

African Union launches the CAADP Strategy and Action Plan 2026-2035 and the CAADP Kampala Declaration
African Union
The African Union on Monday the 5th of May launched the Kampala CAADP Strategy and Action Plan (2026 – 2035), which aims to mobilise $100 billion, lift agrifood output by 45 per cent, triple intra-African trade in farm goods, and cut post-harvest losses in half…Read more>>

OCP Africa and the Ministry of Agriculture Join Forces to Boost Agricultural Transformation in Zambia
AllAfrica
OCP Africa, a subsidiary of OCP Nutricrops, and the Ministry of Agriculture of Zambia have signed a Memorandum of Understanding (MoU) to collaborate on a large scale initiative aimed at accelerating the transformation of the agricultural sector in Zambia. This landmark agreement marks a new phase of cooperation to support farmer empowerment, promote sustainable practices, and drive productivity through innovative and localized solutions…Read more>>

 

ICT

Cape Verde Unveils €45 M Tech Hub to Drive Digital Growth
TechAfrica News
The Government of Cape Verde is officially inaugurating Tech Park Cape Verde (“TechPark CV”), a centre of excellence for tech companies, marking a milestone in the nation’s digital transformation journey…Read more>>

Orange Mali and Intelsat Bring 4G Connectivity to Mali’s Hard-to-Reach Regions
TechAfrica News
Intelsat, operator of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity (IFC), has been selected by Orange Mali SA to bring 3G and 4G connectivity to hard-to-reach areas in Mali, the eighth largest country in Africa…Read more>>

Accelerating digital inclusion in Africa
Brookings
Digital technologies have significant potential to address many of Africa’s pressing challenges, but their adoption and impact face several obstacles that need to be overcome to ensure that nobody is left behind…Read more>>

 

FINANCE

Money Fellows Secures $13 M To Expand Digital Finance in Africa
CIO Africa
Money Fellows, an African fintech platform, has raised $13 million, bringing total funding to over $60 million, to upgrade its digital platform, expand regionally, and boost financial inclusion in underserved African markets…Read more>>

Nigeria accounts for 20% of illicit financial flow losses in Africa
Business Day
Nigeria has emerged as one of Africa’s most affected economies in the fight against illicit financial flows, accounting for roughly 20% of the continent’s $88.6 billion in annual losses, according to new figures highlighted by the ministry of finance at a United Nations gathering this week…Read more>>

 

 

 

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