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Seychelles 4MW Solar PV Project Approved for Tender Opportunity

Seychelles just launched a tender for an appropriate vendor to develop, finance, own and operate a 4 MW floating grid-connected solar PV plant in le Rocher Lagoon, Mahé.

Coris Bank International Launches Islamic Financing Solutions in Burkina Faso

Coris Bank International (CBI), a Burkina Faso based bank, just recently launched a range of Islamic financing solutions and products under its Islamic window called "Coris Baraka". This was made possible thanks to a partnership with International Islamic Trade Finance Corporation (ITFC).

SSEAC Issues 14-Day Notice of Possible Strike in Nigeria

The Senior Staff Association of Electricity and Allied Companies, SSEAC, just issued a 14-day notice of a possible strike in Lagos.

RS Components Expands Electronics Parts Distribution Access in Africa

RS Components, the trading brand of Electrocomponents plc, just announced a significant expansion in its supply of electronic components within Africa. It just opened an e-commerce website, www.RSOnline.africa to serve a total of 15 countries countries on the continent.

The Democratic Republic of the Congo Joins OPEC

On June 22, the Democratic Republic of the Congo was formally welcomed as the newest member of the Organization of the Petroleum Exporting Countries (OPEC).

Control Risks Says Risk-Reward Profiles are Improving for West African Economies

According to the new 2018 Africa Risk-Reward Index from London-based Control Risks and Oxford Economics, West African economies are seeing improved risk-reward scores this year. The underlying reasons for this are increased political stability in the region, effetive public economic reforms, and rising commodity prices.

Agrotop Wins Deal to Build the Largest Poultry Farm in Ethiopia

The Netherlands based Agrotop, a global player in livestock turnkey projects, has signed a contract to develop a large-scale poultry integration project with Nutropia Poultry & Feed in Ethiopia.

Ecobank Research Projects Continued Strong Growth for East Africa

Togo-based Ecobank says Ethiopia, Kenya, Tanzania and Uganda, the economic powerhouses of East Africa, are going to continue to enjoy a period of significant economic growth in the near future.

Zambia's Hippo Cull To Impact Wildlife Tourism in The Country

The Zambian government recently disclosed its decision to cull over 1,000 hippos over the next five years, for animal control reasons. That will have a major impact on wildlife tourism in the country.

African Development Bank Publishes Electricity Regulatory Index for Africa

As economies grow in Africa, many countries have already faced and come up with ways to regulate their complex and demanding electricity sector needs. According to a new report from the African Development Bank, much work still remains to be done on this front, however.

Sudan Awarded US $42M for Agricultural Plan

The Sudan was just granted US $42 million in concession grants to support the country's National Agriculture Investment Plan.

South Africa Prioritizes Business Confidence While Courting Chinese Representatives

Mr. Bulelani Magwanishe, the Deputy Minister of Trade and Industry for South Africa, has reemphasized that his government is prioritizing improving business confidence and investor interest so business can thrive. He said this while welcoming representatives from China.

TMT Finance Highlights Major Focus Points for African Telecom Providers

TMT Finance says the top priorities for African telecom operators in the year ahead are on digital transformation, investing in new wireless and fixed network infrastructure, and finding ways to integrate AI and IoT into their plans.

Amref Health Africa to Host New Strategic Health Resource Purchasing Organization

The Strategic Purchasing Africa Resource Center (SPARC), a new approach focused on strengthening strategic health purchasing in sub-Saharan Africa to get more value for money from health spending, will be hosted by Amref Health Africa.

Embassy of Japan Completes New Abuja Healthcare Facility for the Country

A new healthcare facility built in Abuja using funds from the Embassy of Japan was just turned over to Nigeria' Federal Capital Territory Administration in a formal ceremony.

Boomtown Lands Advertising Contract for Sovereign Foods' B2B and B2C Campaigns

Port Elizabeth, South Africa, based Boomtown, an advertising agency, has won the marketing contract to support Sovereign Foods' new advertising campaigns.

Ethiopia To Give Up Town of Badme to Make Peace with Eritrea

When a war broke out in 1998 between Ethiopia and Eritrea, the city of Badme was captured and occupied by Ethiopia. After two years the war was over and Ethiopia refused to return Badme to Eritrea. That is about to change, all n the name of long-term peace between the countries.

Coca-Cola Beverages South Africa Launches Program to Train South African Youth in Entrepreneurship

In connection with Youth Month this year, Coca-Cola Beverages South Africa (CCBSA) has launched a program to invest and empower the youth of South Africa so they can learn the skills to start and run new businesses.

DP World to Challenge Djibouti's Seizure of the Port of Doraleh

The Djibouti government recently seized control of a port within their country which was formerly under the control of Dubai-based DP World. DP World is challenging this as an illegal action.

AMERO Digital Currency Now Live

Early in the morning on June 18th, AMERO digital currency was quietly added to over 400 participating vendor accounts.

FAO Says More Pro-Active Drought Management Needed in NE and North Africa

In a new report issued on June 15, the UN Food and Agriculture Organization (FAO) calls for a far more pro-active approach to dealing with drought management in the Near East and North Africa region.

Innovation Hubs Proving Reliable Way to Stimulate Tech Economy in Africa

As Africa's emerging technology ecosystem grows, innovation and entrepreneurship are taken on a bigger role. Innovation hubs in particular have been a major force for the existing major hubs in Kenya, Nigeria and South Africa, and the same model is proving equally important in the emerging tech centers on the continent.

Climate Financing is Up 32 Percent Over 2016 for Top 6 Multilateral Banks

The six largest multilateral development banks (MDBs) increased climate financing to a seven-year high of US $35.2 billion in 2017. That includes sizable increases from the African Development Bank. The overall total

Fourth WiSci Girls STEAM Camp Opens on June 17 in Namibia

Namibia is the host country for the fourth WiSci (Women in Science) Girls STEAM Camp. Over 100 high school students will be coming from Ethiopia, Kenya, Namibia, Eswatini (formerly Swaziland) and the United States. The camp kicks off today, June 17, and runs through June 29, 2018.

IMF Board Completes Togo Economic Review, Authorizes Additional Funding

The International Monetary Fund (IMF)'s Executive Board completed its review of the performance of Togo's economy, which was already under support by an Extended Credit Facility arrangement. Based on the review, the board has authorized disbursement of another SDR25.17 million (equivalent to US $35.5 million)