Enel, an Italian manufacturer and distributor of electricity and gas, is collaborating with Swiss group Seedstarts World SA to help small electricity businesses in Africa.
Businesses in the largest shopping market in Ethiopia’s capital city went on strike on July 25, as part of a protest against a major increase in business taxes.
Healthymagination's Mother and Child Programme just unveiled the 14 social enterprises selected as its second cohort in Africa. Each emerging enterprise is focused in one way or another on improving and accelerating maternal and/or child health outcomes in Africa.
The new quarterly Cross-border Mergers and Acquisitions index prepared by Chicago-based Baker McKenzie shows a major drop in inbound M&A deals in Africa compared to the same period last year. Political uncertainty was cited as a primary reason for the market drop.
LafargeHolcim, a Swiss building materials manufacturer, is expanding in Middle East Africa under the new banner of Iraq-based Binastore.
Marrone Bio Innovations, Inc, a Davis, California based provider of bio-based pest management and plant health products for agriculture, ornamental, turf and water treatment markets, just made its first shipment to the African continent.
The Food and Agriculture Organization (FAO) and the African Development Bank (AfDB) have begun a new major collaboration initiative to help transform precarious situations in the desert part of Africa into developmental opportunities. It is called the 'Desert to Power program', and will be deployed to 11 countries including Sudan.
The Ethiopian Ministry of Livestock and Fisheries just launched its new Ethiopian Livestock Identification and Traceability System. It was made possible with the technical and financial support of the U.S. Agency for International Development (USAID).
Senegal-based African fintech company InTouch (www.InTouchgroup.net) recently reached a deal with France-based Total, a global provider of oil, gas and solar energy solutions, and Worldline, a French e-payment service provider. The deal will bring rollout of InTouch's 'Guichet Unique" payment solution to eight African countries.
Donors were recently briefed on the status of the new Multi-Partner Somalia Infrastructure Fund (SIF) by the African Development Bank. The session also included a look at AfDB's new Country Brief for Somalia.
Zimbabwe insurance provider FBC Insurance has added SSP's (www.SSP-worldwide.com) digital insurance platform, SSP Pure Insurance, to help expand and better support its growing customer base.
Rentorr, a unique new startup based in South Africa which just began accepting early signups, connects landlords and potential renters through online software to make it safe to rent for landlords and easy to browse for potential lessees. It also connects landlords to contractor services to help maintain their properties.
Kenya is joining the Empretec network, a new United Nations's programme to promote entrepreneurship by building capacity for small businesses around the globe. The project has Jack Ma, the founder of Chinese ecommerce giant Alibaba -- and UNCTAD Special Advisor for Youth Entrepreneurship and Small Business, as a major backer and participant in the network.
South Africa is currently exploring new regulations regarding the funding of political parties in the country. It has extended the deadline for comments on those rules for today, July 24.
Vancouver-based Tango Mining Limited has formed a South African subsidiary in partnership with the Lebanon-based GZA Group .
Tanzania's Geothermal Energy Development Project has received approval for a total of US $21.7 million to be provided from the international Climate Investment Funds (CIF).
A new report produced by Netherlands-based Venture Capital for Africa (VC4A), illustrates in detail how a strong team of founders -- and the right mix of founders -- is the key driver for African startup success.
South Africa's extensive rework of the law involving arbitration in contracts, the International Arbitration Bill, was approved by the government in March 2017. The public and business at large are asked to comment on the bill no later than July 28, 2017.
Delegates from 11 countries recently attended the the Southern African Confederation of Agricultural Unions’ (SACAU) Young Agripreneurs Forum to its Future Farm in Zambia for an in-depth three-day programme covering the business of agriculture and effective deployment of the latest equipment.
With over 95% of Burundi's 11 million residents lacking access to electricity, there is a critical need for something innovative to help. Netherlands-based Gigawatt Global Coöperatief U.A., a multinational renewable energy company, is helping out by bringing solar-powered street lights to the downtown Bujumbura.
Michel Lazare and a team from the International Monetary Fund (IMF) completed a detailed review with authorities in Mozambique from July 10-19, regarding the previous audit report of EMATUM, Proindicus and MAM public sector companies. The high-level review went well, but there is still concern that Mozambique still has not addressed major gaps in data requested by the IMF.
As a means to improve food security in Rwanda and Tanzania, the Washington, D.C. based International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP), a fund coordinated by the World Bank, are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP).
The African Innovation Foundation (AIF, www.AfricanInnovation.org) just announced the prize winners for the 6th edition of the coveted Innovation Prize for Africa (IPA, http://InnovationPrizeForAfrica.org). Innovators from Egypt, Uganda and Liberia won the top three awards.
The Federal Government of Nigeria is serious about its intent to curtain production of Nigerian film, television, and music production outside of the country. They are planning to change the law to require it.
The first edition of the Africa Data Revolution Report (ADDR), jointly published bythe Economic Commission for Africa (ECA), the United Nations Development Programme (UNDP), the World Wide Web Foundation and the Open Data for Development Network (OD4D), was just launched on July 19.
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