Corporate Council on Africa’s latest news updates

(Posted 05th October 2022)

African-Led Development Financing by Admassu Tadesse, TD Bank President Emeritus & Managing Director
Trade and Development Bank
Admassu Tadesse contributed a perspective on the African-led development financing at the 2022 ALC Africa Braintrust hosted by Congresswoman Karen Bass in Washington, D.C… Read more>>

DLA Piper participates in launching of World Benchmarking Alliance’s coalition to address ethical AI
DLA Piper Newsroom 
DLA Piper is proud to announce its participation in the World Benchmarking Alliance’s (WBA) Collective Impact Coalition (CIC) for Digital Inclusion. DLA Piper recently participated in the WBA’s roundtable launch of the CIC on the side-lines of the 77th session of the United Nations General Assembly… Read more>>

Most Powerful Woman in Banking: Citigroup’s Jane Fraser 
American Banker 
Over the past year, Jane Fraser, Citi’s first female CEO in the firm’s history, completed a strategy refresh at the world’s most global bank. Despite an implausibly volatile geopolitical environment, she steered Citi to robust first quarter 2022 earnings… Read more>>

Under Secretary Nuland and South African DIRCO Director General Dangor Convene the U.S.-South Africa Working Group on African and Global Issues
U.S. Department of State 
Under Secretary of State for Political Affairs Victoria Nuland and South African Department of International Relations and Cooperation Director General Zane Dangor convened on September 27 the U.S.-South Africa Working Group on African and Global Issues (WGAGI) at the U.S. Department of State in Washington, D.C… Read more>>

Africa: U.S.-Africa Leaders Summit – First Test for New U.S. Strategy
All Africa
Johannesburg — The Biden administration’s foreign policy towards Africa took definitive shape in August when Secretary of State Anthony Blinken unveiled the U.S Strategy Toward Sub-Saharan Africa. “Longstanding approaches have become insufficient to meet new challenges in a more contested and competitive world,” the 17-page White House policy document says…Read more>>

Sec. Blinken Hosts President Chakwera to Sign $350M Infrastructure Grant 
Millennium Challenge Corporation
The U.S. Secretary of State Antony Blinken and the President of Malawi Lazarus Chakwera joined nearly 100 leaders from the U.S. and Malawi today to sign the Malawi Transport and Land Compact — a $350 million infrastructure grant between the U.S. government’s Millennium Challenge Corporation (MCC) and the Government of Malawi…Read more>>

Consortium unveils pan-African cold chain logistics to boost food security 
The Africa Logistics
To improve essential temperature-controlled logistics infrastructure in sub-Saharan Africa and ensure food security in the region, African Infrastructure Investment Managers (AIIM) and its investment partners, Bauta Logistics and Mokobela Shakati (Pty) Ltd Consortium have established a cold chain logistics platform, Commercial Cold Holdings (CCH) with the initial acquisition of CCS Logistics from Oceana Group… Read more>>

Improving Food Security in Africa with Nuclear Techniques 
International Atomic Energy Agency 
Food and nutrition security — or regular access to sufficient, safe and nutritious food — continue to be challenged by often overlapping factors, including droughts, floods or harmful insects. Nuclear techniques offer the means to help meet the growing demand for food and provide better access to healthy diets, participants agreed at an event today organized on the sidelines of the IAEA’s 66th General Conference. Delegates from Africa and other regions of the world came together to review the progress attained in the agricultural sector towards  adapting to climate change on the African continent with the help of nuclear science and technology…. Read more>>

‘We Will Use Our Oil And Gas To Uplift Our People’ – African Energy Leaders 
While there is consensus on the need for low-carbon energy, the new energy mix must also support Africa’s social development and the upliftment of its people. This was the message from several delegates to the VIP and Ministerial Symposium of this year’s Africa Oil Week conference running from 3 to 7 October, at the CTICC…Read more>>

Southern Africa: Energy Sector in Southern Africa Gaining From the New Global Realignment
All Africa 
The global realignment triggered by the war in Ukraine ushered in a period of transition on the African continent. The current conflict exposed and exacerbated tensions in international agricultural commodity markets existing amid the COVID-19 pandemic…Read more>>

Ebola: Rwanda begins screening travellers at borders 
The East African
Although Rwanda has not suffered a single Ebola case in the past, Uganda’s Mubende District—where Ebola has been reported—is about a six-hour drive from the border… Read more>>

South Africa’s vaccine regulator reaches new WHO level to ensure safety, quality, and effectiveness
World Health Organization
WHO has ranked South Africa’s vaccine regulatory system at a functional level of maturity, according to WHO’s global classification system for national medical products regulatory authorities. This recognises that South Africa has a stable, well-functioning and integrated regulatory system to ensure the quality, safety, and effectiveness of vaccines manufactured, imported or distributed in the country… Read more>>

South Africa minister on migration of skilled health workers 
Business Tech 
Health minister, Dr Joe Phaahla, says the shortage of healthcare workers is threatening the quality and sustainability of health systems in Africa and worldwide… Read more>>

Guinea-Bissau: Energy and Transport infrastructure at the core of African Development Bank’s 2022-2026 Country Strategy
African Development Bank
To address Guinea-Bissau’s development challenges, the African Development Bank’s new strategy will promote economic diversification, structural transformation and lay the foundation for inclusive, resilient, and sustainable growth through support for infrastructure and good governance. The African Development Bank Group and Guinea-Bissau mutually adopted this approach in the Country Strategy Paper 2022-2026, published on 20 September 2022… Read more>>

Zambian tax initiative aims to encourage ICT infrastructure imports 
Developing Telecoms 
While some sub-Saharan African countries are making things difficult for telecommunications operators and equipment suppliers through new or increased taxes, Zambia appears to be taking a different route – at least when it comes to infrastructure… Read more>>

Google confirms $1B investment into Africa, including subsea cable for faster internet 
Tech Crunch 
The developing world represents the best chance of growth for large internet companies, and today one of the very biggest set out its strategy for how it plans to tackle that. Google said that it would be investing $1 billion to support “digital transformation” across Africa. This will include landing a subsea cable into the continent to enable faster internet speeds, low-interest loans for small businesses, equity investments into African startups, skills training and more… Read more>>

Djibouti: South Sudan, Djibouti Sign MOU To Lay Fibre Optic Cable
All Africa
Investing in African connectivity will not only improve the quality of life and economic prospects of much of the continent’s population. Better internet in Africa will also create business opportunities by establishing the conditions necessary to open or scale a business… Read more>>

Tanzania launches Africa’s first $300 million smart economic zone
The Citizen
The newly launched Mkinga Economic Zone project is expected to take Tanzania’s intercontinental trade to new heights… Read more>>

After Ghana’s Tourism Boom, Kenya And South Africa Launch Campaigns To Attract U.S. Visitors
Travel Noire 
On the heels of Ghana’s “Year of Return” success in 2019, with 1.1 million visitors and a $3.3 billion impact, Kenya and South Africa have launched similar programs to boost tourism recovery. Both countries are focused on attracting North American visitors as the rebound from COVID-19 restrictions continues… Read more>>

5th & 2022 ATLF To Bring Africa Tourism Thought- Leaders To Botswana
Botswana is ready to host African Tourism Thought leaders at the 5TH annual Africa Tourism Leadership Forum (ATLF) and Awards convened by Africa Tourism Partners, UNWTO and BDO, South Africa… Read more>>