Quanta, an Isle of Man company, is acquiring a major stake in Nigeria's International Lottery and Gaming Limited (ILGL). It is the world's first example of a blockchain company acquiring a traditional lottery enterprise.
The government of Mozambique was shocked to learn it had an estimated 30,000 fake workers on its payroll, for a net cost to the government of $250 million.
The European Council just voted to extend sanctions filed against the Democratic Republic of the Congo for obstruction of the electoral process and human rights violations -- for one more year.
The "Desert to Power Initiative", an ambitious plan to eliminate energy poverty in Africa and provide 10 GW of solar energy by 2025 and support 250 million people with green electricity, was just unveiled at the Paris Agreement climate change talks at COP24.
To support entrepreneurial skills development and growth in Nigeria, GE Nigeria, part of GE worldwide, just launched an e-learning portal for its Lagos Garage advanced manufacturing training program.
On December 6, a coalition of environmental groups sued the Trump administration for its failure under the Endangered Species Act to protect Africa's rapidly diminishing giraffe herds.
President Julius Maada Bio of Sierra Leone announced his New Direction Government is moving rapidly to repeal -- finally -- part V of the 1965 Public Order Act which has criminalized libel for over 50 years.
The African Continental Free Trade Agreement (AfCFTA) was ratified by the South African Parliament on December 4, 2018.
The Manila-based Asian Development Bank, the Cote d'Ivoire based African Development Bank, the World Bank, the Asian Infrastructure Investment Bank (AIIB), and five other major multilateral banks signed a joint declaration to work together in six areas designed to slow the rise of global warming.
Cameroon has just been awarded a 14 billion CFA (USD $27 million) grant from the U.S. Department of Agriculture, for a nutrition and literacy program aimed at primary schools in four different regions in the country.
According to Naoshige Kinoshita, Chief Investment Officer of the African Development Bank Group, the AfDB has given a green light for funding for the 40 MWac (50 MWp) Kopere Solar Power Project to be built in Kenya by French renewable energy company Voltalia.
The African Securities Exchanges Association (ASEA) is linking up with the London-based World Federation of Exchanges, a global industry group for exchanges and CCPs, to help develop a much wider African capital market.
Africa's mobile phone market growth rate has flattened out, as evidenced by the latest figures just announced by International Data Corporation (IDC), which show the African mobile market went down by 2.1% quarter-on-quarter (QoQ) for Q3 2018.
In a first for Africa, Telecom Egypt -- utilizing unique technology provided by Finland-based Nokia -- has successfully deployed the first 200G long distance, single carrier transmission service on the continent.
As part of a major move to enhance the Zambia petroleum industry, Diamantino Azevedo, Angola's minister of Mineral Resources and Oil, recently confirmed that Angola and Zambia are working together on a $5 billion project which includes a major new pipeline connecting the countries.
Thanks to the March 2018 signing of the African Continental Free Trade Agreement AfCTA in Kigali, Rwanda, Africa will soon become home to the largest free trade area in the world.
The European Investment Bank (EIB) just announced US $78 million in financing for four new projects it is backing, including 3G and 4G expansion for Telekom Kenya Ltd. and support of the Medical Credit Fund across the continent.
The Government of Japan has provided the United Nations World Food Program (WFP) with a grant of US $5 million, targeted to scale-up an important project addressing malnutrition, micronutrient deficiencies and obesity in Ghana.
The governments of Burundi and Tanzania have received US $322.35 million in loans and grants from the African Development Bank Group, to pay for the 45 kilometer Rumonge-Gitaza and 260 kilometer Kabingo-Kasulu-Mayovu road upgrading project.
Arianespace, an aerospace company based in Evry, France, just launched the MOHAMMED VI - B Earth observation satellite developed specifically for the Kingdom of Morocco as an earth observation satellite to aid with land management and agricultural programs.
We Care, an initiative created by GSMA aimed at ensuring a safe online environment for children, has come together with Kenya's mobile operators to launch the GSMA's We Care campaign in Africa.
Ethiopia has received a US $120 million grant to support the country's Basic Services Transformation Program, designed to improve sustainable human development and technology capacity.
Dubai-based DP World and the government of Rwanda just opened the US $80 million ‘inland” port, a first for East Africa.
The U.S. State Department just renewed the U.S.-Libya Science and Technology Cooperation Agreement for another ten years.
The African Financial Alliance on Climate Change (AFAC), a major initiative to stimulate green industries, was the focus of an all-day event on November 7th at the African Investment Forum.