Author Archives: Africa Business

UK government sets out plans to curb illegal ivory trade in Africa

Environment Secretary proposes a ban on ivory sales to help bring an end to elephant poaching.Ban will prohibit the sale of ivory items of all ages. Plans will put the UK at the forefront of global efforts to address the drastic decline in the elephant population. The UK will impose a ban on ivory sales to help bring an end to the poaching of elephants, under plans announced by Environment Secretary Michael Gove today.

The proposals will protect elephants and help combat poaching by removing opportunities for criminals to trade illegally-poached ivory. Today’s plans will be subject to a 12-week consultation and cover items of all ages, not only those created after a certain date. read more

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Identifying New Energy Markets In Africa

The population in Africa is growing with an expected 6% annual increase in demand for electricity, but the deficit in access to energy in Africa is a severe constraint to growth, development and productivity – on a scale that restricts Africa’s ability to compete effectively in the global economy. Two thirds of the population in Africa (est. 620 million people) are currently without electricity with large parts of the population living in rural and scattered areas. read more

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STR: Africa’s hotel supply projected to grow 11%

Ahead of the Africa Hotel Investment Forum (AHIF)STR highlights Africa’s key hotel development and performance trends. read more

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Ethiopian companies to benefit from European Investment Bank backing for USD 100m private equity

The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new USD 100m Cepheus Growth Capital Fund. The EIB’s USD 10 million participation represents the first backing for an Ethiopia focused fund and one of the first engagements with a single country private equity fund in Africa by Europe’s long-term lending institution. read more

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Hurricane Electric Expands Global Network to East Africa Data Centre in Nairobi

Third African point of presence positions largest IPv6 backbone for continued growth in the region read more

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Le Soleil : Interview de Rémy Rioux, le Directeur Général de l’Agence Française de Développement (AFD)

 

AFD directeur general Remy Rioux à Paris le 3 juin 2016.

Interview de Rémy Rioux, le Directeur Général de l’Agence Française de Développement (AFD) : read more

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African Innovation Foundation – Call for Applications: Innovation Prize for Africa 2018 Awards “Investing In Inclusive Innovation Ecosystems”

  • A pan-African open call inviting submissions for the seventh edition of the Innovation Prize for Africa (IPA) awards from 10 October 2017 to 10 January 2018 
  • Grand share price of US$ 185 000 to be awarded to top ten African innovators who demonstratescalable, impactful, market-oriented, and outstanding innovations solving African challenges
  • African women innovators especially encouraged to participate, following a record number of entries in the previous edition

The African Innovation Foundation (AIF) (AfricanInnovation.org) today announced the seventh edition of the Innovation Prize for Africa (IPA) (InnovationPrizeForAfrica.org) themed “investing in inclusive innovation ecosystems” thereby inviting submissions (http://APO.af/etvQr6) to reward the best home-grown innovations on the continent. The annual Award seeks to celebrate outstanding breakthroughs that deliver practical, and commercially viable African solutions that are innovative and sustainable. read more

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Manufacturing in the Eastern Cape and the potential for Intra Africa Trade

The Eastern Cape economy is increasingly modern and export-oriented, with great potential for growth of existing industry and establishment of new industry.  Its geographic location, quality sea and airports, abundance of natural resources and world-class infrastructure bodes particularly well for the growth of export-oriented industry.  The province is committed to providing high-value goods to the world rather than cheap raw materials. read more

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TechCrunch Battlefield Africa 2017 shines a light on sub Saharan Africa’s top innovators and makers

Lori Systems was crowned as Sub-Saharan Africa’s Most Promising Startup at TechCrunch Battlefield Africa 2017, held in Nairobi, Kenya on 11 October. AgroCenta was chosen as the winner of the social good category, Lori Systems won the productivity and utility category, whilst SynCommerce won the top prize in gaming and entertainment. read more

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Minister Lindiwe Zulu Unlocks Chinese Market for Small Businesses from South Africa

Minister of Small Business Development, Ms. Lindiwe Zulu, has used her time in China to help unlock the Chinese market for South Africa’s small businesses and cooperatives. Minister Zulu is leading a South African small business delegation at this year’s China International Small and Medium Enterprises Fair (CISMEF) which takes place in Guanzhou, China, from the 10th of October to the 13th of October 2017. read more

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New routes boost Africa arrivals 13.3%

Fading security and health concerns aid recovery read more

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Johannesburg’s Executive Mayor Herman Mashaba to address African Real Estate & Infrastructure Summit in Sandton on 25 October

“Rejuvenation of the inner city a key priority for the new administration” read more

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Nigeria, Major World Economies Consolidate Progress on Trade and Investment Facilitation

Wang Shouwen, Vice-Minister of Commerce China, DG/Chief Negotiator of Nigerian Office for Trade Negotiations (NOTN) Ambassador Chiedu Osakwe and Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu

Nigeria, Brazil, China, the European Union (EU) and a host of other leading economic powers today, made tremendous progress on Investment Facilitation Initiative for Development, in Marrakech, Morocco, during the World Trade Organisation (WTO) Mini-Ministerial meeting. read more

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Nigerian industrialist Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”

At the Financial Times’ 4th annual Africa Summit at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko Dangote, Africa’s most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders. read more

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