Corporate Council on Africa’s latest news updates

 

(Posted 25th September 2025)

 

CCA IN THE NEWS

Corporate Council on Africa Announces the Republic of Mauritius as Host of 2026 U.S.-Africa Business Summit
Corporate Council On Africa
New York, NYC – September 24, 2025 – The Corporate Council on Africa(CCA) and the Government of the Republic of Mauritius have the honor to announce that the Republic of Mauritius will host the 18thU.S.-Africa Business Summit in 2026. A Memorandum of Agreement (MOA) was signed today on the sidelines of the United Nations General Assembly in New York by the Hon. Dhananjay Ramful, Minister of Foreign Affairs, Regional Integration and International Trade of the Republic of Mauritius and Ms. Florizelle (Florie) Liser, President and CEO of CCA to formalize the announcement….Read more>>

 

CCA MEMBERS IN THE NEWS

African Development Bank Group Board Approves New Strategy To Drive Economic Diversification And Private Sector-Led Inclusive Growth In Lesotho
Eurasia Review 
The Board of Directors of the African Development Bank Group has approved a new $209 million Country Strategy Paper (CSP) for Lesotho, setting out a roadmap to accelerate the country’s transition toward economic diversification, resilience, and inclusive growth over the next five years….Read more>>

 

U.S.-AFRICA RELATIONS 

PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa
Newsroom
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions.This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal
Ventures funding, people, and technology deployments that will help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy….Read more>>

HEALTH

14 African countries explore innovative financing solutions for health in the African region
World Health Organization
Technical experts from 14 African countries, multilateral development banks, development partners, and global health initiatives are convening in Johannesburg for a three-day Regional Technical Meeting on Innovative Financing for Health in Africa, co-organized by the World Health Organization (WHO) Regional Office for Africa and the Global Fund. We are truly delighted to host this regional technical meeting as we collectively reflect on the challenges and opportunities before us in building sustainable and resilient health financing systems for our continent. Africa is at a turning point, and innovative thinking will be essential to ensure our resolutions…..Read more>>

INFRASTRUCTURE

African Social Security Association Partners AFC to Unlock $1.17tn in national savings for infrastructure
African Business
The landmark research and advocacy collaboration which aims to unlock $1.17 trillion in institutional savings across the continent for long-term infrastructure development was announced during the UN General Assembly in New York on September 22, 2025.The programme, introduced under the Global Africa Business Initiative (GABI), which is a part of the UN Global Compact, seeks to transform Africa’s underutilized pension and social security assets into engines of economic growth. It brings together social security institutions from 15 countries, with Morocco’s CDG Group, one of the continent’s most influential stewards of long-duration capital, and AFC to build a roadmap for policy reform, expand capital-pool datasets, and diversify investment allocations toward infrastructure and private-sector-led projects….Read more>>

ENERGY

Nigeria: Katsina Installs Over 1,000 Mw of Renewable Energy As State Turns 38
All Africa
Katsina State government has achieved a remarkable clean-energy milestone, surpassing 1,020 megawatts of renewable power generation in just over two years.Governor Dikko Umaru Radda announced this while commissioning some projects at the state secretariat to mark the state’s 38th anniversary. He described the milestone achievements as proof that “Katsina is not waiting for the future, we are building it today.”The governor explained that the expansion of solar, wind and mini-hydro systems has been guided by a clear development blueprint rooted in prudence, discipline and transparency….Read more>>

Over 1 300 villages electrified nationwide
Herald Online
Government, through the Rural Electrification Fund, has intensified its power connectivity campaign, successfully electrifying over 1 300 villages.The ongoing programme is part of the country’s efforts to achieve universal access to modern energy services by 2030, in line with the National Development Strategy 1 and Sustainable Development Goals.Permanent Secretary for Information, Publicity and Broadcasting Services Mr Nick Mangwana Confirmed on his official X (formerly Twitter) account, stating that the number of villages with electricity has reached 1 302….Read more>>

 

AGRIBUSINESS

Coffee Exports Reach 855,441 Bags in August, Earnings Hit Shs720bn
Nile Post
Uganda exported 855,441 60-kilogram bags of coffee worth shs722.58 billion in August 2025, according to the latest report from the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF).This marks a 2.45% increase in volume compared to the same month last year, though export earnings fell by 8.19% due to lower global prices.Robusta dominated the exports, accounting for 797,363 bags valued at $180.79 million (about Shs705.08 billion), while Arabica contributed 58,078 bags worth $21.96 million (Shs85.64 billion…Read more>>

Namibia to invest N$34m in rain-fed agronomic projects
New Era 
Government, through the ministry of agriculture, is set to invest a whopping N$34 million in bolstering and implementing of strategic rain-fed agronomic programmes, which will, in the long term, boost the country’s food security efforts and create resilient value chains.The investment will be made over the 2025/26 financial year and through subsidies, the ministry will provide assistance to cereal producers in the form of seeds, fertiliser and mechanised tillage services to farmers in the 10 crop-growing regions of the country.Namibia’s 10 crop-growing regions are Zambezi, Kunene, Omaheke, Otjozondjupa, Kavango East, Kavango West, Ohangwena, Oshikoto, Oshana and Omusati regions….Read more>>

ICT

Namibia expedites data centre, smart city development
IT Web
The Namibian government is developing frameworks for the implementation of smart cities, the construction of a public data centre, information and technology collaboration with its neighbour Angola.These issues dominated last week’s cabinet meeting, which was chaired by president Nandi Netumbo-Ndaitwah.Emma Theofelus, minister of information, communication, and technology, announced the resolutions in a post-cabinet meeting media briefing.”Cabinet directed the Ministry of ICT (MICT) and the office of the prime minister to finalise the concept note and project proposal for the development of a National and Public Data Centre,” she said….Read more>>

Egypt’s ICT Minister Meets with Cisco, Vodafone, and iQor to Boost Tech Sector
Tech News Africa
The Minister of Communications and Information Technology Amr Talaat has met with Executive Vice President and Chief People, Policy and Purpose Officer at Cisco Francine Katsoudas, along with senior company executives, during his visit to New York, United States. The discussions focused on Cisco’s plans and major projects in Egypt’s ICT sector.Talks covered the company’s activities in electronics design and customer experience (CX) services, as well as opportunities for collaboration with Cisco Networking Academy in building digital skills. The meeting also highlighted progress in the partnership that…Read more>>

FINANCE,

MNT-Halan Launches Egypt’s First Secured Digital Lending Solution for Investors
Tech Africa News
MNT-Halan, the leading and fastest-growing fintech platform in Egypt and the MENA region, has launched Egypt’s first secured lending solution offered by a non-banking financial institution. The new service enables customers to instantly access up to 80% of their investments in funds through a fully digital journey on the Halan App.This marks a major milestone in Egypt’s non-banking sector, offering customers liquidity without interrupting the growth of their investments. Through an end-to-end digital experience (eKYC) from onboarding and investing to credit limit activation….Read more>>

African Development Bank Provides €30 Million Financing to Bridge Bank Côte d’Ivoire to Stimulate Local Business Expansion for Women
African Development Bank Group
The African Development Bank Group and Bridge Bank Group Côte d’Ivoire have signed an agreement establishing a €30 million financing facility to support small and medium enterprises (SMEs) in Côte d’Ivoire, with a particular focus on women-led businesses.This facility will provide Bridge Bank Group Côte d’Ivoire with the necessary financial resources to support the investment needs of enterprises and SME active in priority sectors of the Ivorian economy, particularly agro-industry, while increasing the bank’s international trade financing activities in Côte d’Ivoire. Through this financing facility, the Bank Group intends to provide financial support to Ivorian small and medium enterprises, which represent a significant share of formal businesses in Côte d’Ivoire….Read more>>

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