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AfricaBiz

Africa Business News

Congo Tender and Business News

How Ivory Smuggling Became Big Business in Central Africa

TRAFFIC, the wildlife trade monitoring network, published a new report on September 7, detailing findings from almost a decade of monitoring the ivory trafficking network. The report details a tragic history of how ivory smuggling in Central Africa became as lucrative of many international drug cartels.

Central African Member States Agree on Telecom Governance and Cybersecurity Laws

The Central African Economic Community (ECCAS) member states have produced model and common laws covering telecommunications, cyber security and a regulatory framework that will help govern cross-border telecom interconnections. The agreement was completed with the support of the Economic Commission for Africa (ECA) and the International Telecommunications Union (ITU).

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

More Help Needed to Deal with Food Insecurity in the Wake of El Niño

United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.

Wendel Investment Acquires 40% of SGI Africa in Retail Development Move

France's Wendel, one of mainland Europe's largest investment firms, is making a play that the African economy is going to continue to soar -- and personal incomes grow in parallel. It is doing so through its just-announced agreement to acquire 40% of the capital of SGI Africa, a property company currently focusing on retail shopping centers.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

Pollinators Vital To Our Food Supply Under Threat

A growing number of pollinator species worldwide are being driven toward extinction by diverse pressures, many of them human-made, threatening millions of livelihoods and hundreds of billions of dollars worth of food supplies, according to the first global assessment of pollinators.

Gemalto and Bridge Alliance Demo GSMA Solution For Multi-Country IoT Deployment

Gemalto, the world leader in digital security, and Bridge Alliance (of 35 providers in Asia-Pacific, the Middle East and Africa) are demonstrating a solution for multi-country deployment of IoT devices at the Mobile World Congress in Barcelona, using Gemalto's LinqUs On-Demand Connectivity (ODC) subscription management solution.

BIA and Cummins Extend Their Partnership in Africa

Cummins (Cummins.com), the world's leading industrial engine manufacturer and a historic partner of BIA in the Democratic Republic of the Congo, is giving BIA a fresh vote of confidence by entrusting it with the official distribution of its engine, generator, and filter system product lines in several African countries.

Telecom Micro-Surcharges: LSL World Initiative's Unique Financing Model

The United Nations is callingon developed and developing countries alike to implement innovative financing mechanisms with a view to raising much-needed funds to assist with the development of the neediest countries. The institution of surcharges on globalized activities is one of the four broad categories of innovative finance mechanisms that have been identified.

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