Corporate Council on Africa’s latest news updates

 

(Posted 14th August 2025)

 

CCA IN THE NEWS

2025 U.S.-Africa Business Summit
CNBC Africa
The 2025 U.S.-Africa Business Summit, hosted in Luanda, Angola by the Corporate Council on Africa (CCA), convened a record-breaking gathering of stakeholders from both sides of the Atlantic to forge new pathways to prosperity. Held in partnership with the Government of the Republic of Angola, the four-day Summit reaffirmed the central role of the private sector in driving forward U.S.-Africa economic ties, bringing together nearly 2,800 participants from 85 countries…Read more>>

CCA MEMBERS IN THE NEWS

Flutterwave processes $1b in Africa–Asia transactions in six months
The Guardian
Flutterwave said it processed about $1 billion in a between Africa and Asia in the first half of 2025.
Flutterwave revealed this in its half-year 2025 financial highlights released yesterday…Read more>>

 

U.S.-AFRICA RELATIONS 

Sen. Risch’s Africa Amendments Redefine American Foreign Policy on Africa
Modern Diplomacy
In the constitutional order of American foreign policymaking, Congress wields more than a gavel—it holds the compass. Under Article I, Section 8 of the U.S. Constitution, Congress is granted authority to “make rules for the government and regulation of the land and naval forces.” That authority extends to foreign relations, military engagement, and the allocation of public funds, giving Congress not just a say, but also a strategic stake in shaping U.S. foreign policy….Read more>>

South Africa to offer US a revised trade deal on Tuesday
Reuters
South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in an effort to lower the 30% tariff rate U.S. President Donald Trump imposed on exports to the United States last week…Read more>>

U.S. Senate confirms Trump’s nominee to lead U.S. Africa Command: What it means for Africa
Business Insider Africa
Anderson, the first Air Force officer to ever lead US AFRICOM in its history, will officially replace Marine Gen. Michael Langley, who made history in 2022 as the first Black four-star Marine. During his tenure, Langley focused on counterterrorism partnerships in West Africa, tracking illicit gold flows that finance extremist groups…Read more>>

HEALTH

Strengthening Africa’s brain health and economic resilience
Nature Medicine
Africa stands at a decisive moment in which urgent action is essential to safeguard its brain health and economic stability. While Africa’s population remains predominantly young, it is expanding and aging rapidly. This demographic shift is projected to drive a sharp rise in neurodegenerative diseases, including Alzheimer’s, with profound health and economic costs—but brain health research, policy, funding and care across the continent remain critically underdeveloped. ….Read more>>

The business of better health: An opinion editorial by Chidi Okpala, Executive Director, Heirs Holdings
Business Insider Africa
A healthy continent is a prosperous one. When people are well, they work more, earn more, and invest more in their communities. Conversely, when illness spreads unchecked or medical costs plunge families into debt, entire economies suffer…..Read more>>

INFRASTRUCTURE

US Supports African Railway Development, Connecting Liberia, Guinea and West Africa, All You Need to Know Now
Travel and Tour World
The US is providing crucial support for a transformative African railway development project that will connect Liberia, Guinea and the larger West African region. In a landmark one point eight billion agreement with Ivanhoe Atlantic, Liberia has taken a significant step towards enhancing its infrastructure and regional trade…Read more>>

ST Digital to Launch Côte d’Ivoire’s First Sovereign Tier III Data Center
Tech Africa News
ST Digital, a start-up that aims to be a leading player in the African cloud, will soon inaugurate its very first datacenter in Côte d’Ivoire, located in the VITIB area of Grand-Bassam. A strategic Tier III infrastructure, designed as the first stone of a sovereign cloud ecosystem in French-speaking Africa…Read more>>

ENERGY

Uganda Approves Energy America 100?MW Solar + 250?MWh BESS Project Under Deepening U.S.–Uganda Energy Partnership
FOX 40 News
The Government of Uganda has officially issued a Gazetted Policy Direction authorizing the development of a 100 megawatt-peak (MWp) solar photovoltaic (PV) power plant integrated with 250 megawatt-hours (MWh) of battery energy storage (BESS) in Kapeeka Sub?County, Nakaseke District. …Read more>>

US firm finds work on $8 billion gas development in Africa
Offshore Energy
Thanks to the deal with Mellitah Oil and Gas, Hill International is the project management consultant for the $8 billion Structures A & E project, comprising the development of two offshore gas fields in Libya, with a targeted output of 750 million cubic feet per day…Read more>>

AGRIBUSINESS

12 African nations selected for U.S. $93 million emergency food assistance program
Business Insider Africa
According to a U.S. State Department press briefing held on August 7, 2025, the funding is part of Washington’s broader humanitarian commitment to Africa and is expected to support millions of vulnerable households suffering from worsening hunger conditions by providing food assistance program…Read more>>

New report outlines innovative finance strategies to help close US$77billion investment gap for Africa’s agrifood sector
Fox 40 News
Unlocking new and innovative sources of financing will be critical to meeting Africa’s agrifood system transformation ambitions and deploying interventions across interconnected sectors such as energy, trade, infrastructure, and transport, amid a shifting global aid landscape, according to a new report…Read more>>

ICT

Lagos summit weighs AI ambitions against Africa’s tech infrastructure gap
RFI
Nigeria is hosting one of Africa’s biggest tech gatherings on Tuesday, with debates ranging from Wolof-speaking chatbots to medical algorithms. The ambition is to harness artificial intelligence to transform economies – but patchy internet, unreliable electricity and low investment remain major obstacle…Read More>>

FINANCE

JPMorgan Sees Limited Impact From US Tariffs On South Africa
Finimize
JPMorgan shrugged off the threat of new 30% US tariffs on South African exports, saying investors had already priced them in. Meanwhile, the US sanctioned key figures in Africa’s metals trade, Kenya welcomed luxury hospitality expansion, and central banks across East Africa revealed different strategies on inflation and global risks…Read more>>

African Development Bank to finance $500 million of Ethiopia’s new airport
Reuters
The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia – which is expected to be Africa’s largest when completed in 2029 – it said on Monday…Read more>>

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