Category Archives: African News

African Business News

Ghana Emphasizes the Value of an Enabling Environment and the Role of Natural Gas at African Energy Week 2021 Pavilion

Hosted at African Energy Week 2021, the Ghana pavilion will drive a discussion on the value of Liquified Natural Gas as a power generation solution. The African Energy Chamber (AEC) is proud to announce that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th […]

Official launch of the second cycle of EMERGING Mediterranean – the springboard programme for emerging Mediterranean Tech For Good leaders

The call for applications is open to any startup based in Mauritania, Morocco, Algeria, Tunisia or Libya that has been operating for over 18 months in one of the following areas: e-health, climate, mobility, agritech, social economy and financial inclusion. As a result of the work done during the preparatory forums for the Summit of […]

South Africa: The Protection Of Personal Information Act (POPIA); Mandatory Appointment Of Information Officer – What You Need To Know

By Chido Pamela Mafongoya, Centurion Law Group With the Fourth Industrial Revolution at play and the increase of internet usage, the Protection of Personal Information Act 4 of 2013 (“POPIA”) was designed to ensure the protection of personal information when being processed. The main aim of the POPIA is to protect data subjects from security […]

Incentives For Digital Economy Production In Cameroon

By Achare Takor, Head of Intellectual Property Desk, Centurion Law Group An Overview of Section 124b of the General Tax Code Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor […]

Africa as a magnet for investors | Africa Tech Week 2021

The much anticipated Africa Tech Week summit took place on the 5th and 6th of May. Joined by phenomenal speakers and acclaimed sponsors, the event took off to new heights. In a panel discussion by Marian Croak, vice president of engineering at Google, and Lindiwe Matali founder and CEO of Africa Teen Geeks, the importance […]

African countries commit to double agricultural productivity as development banks and partners pledge over $17 billion to increase food security

Download logo A coalition of multilateral development banks and development partners has pledged over $17 billion in financing to address rising hunger on the African continent, and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue called Feeding Africa: leadership to scale up successful innovations. The African […]

African Development Bank, IFAD and partners redouble efforts to stop hunger in Africa and strengthen food security

Download logo The African Development Bank (www.AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize […]

Banker-turned-poultry farmer becomes champion for African agriculture

Download logo “If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought […]

Generation Africa is back with the third annual US$100,000 GoGettaz Agripreneur Prize Competition looking for young, agrifood change makers with business models that can revolutionize food systems across the African continent

Returning for its third year, the ground-breaking US$100,000 GoGettaz Agripreneur Prize Competition (http://GoGettaz.africa) continues to inspire agrifood entrepreneurs from Cape Town to Cairo to use their energy, courage and creativity to solve the biggest problems facing Africa’s food systems. Launching on 19 April 2021, this year’s competition aims to expand the GoGettaz community of agripreneurs, […]

Baker McKenzie named the Most Responsive International Law Firm in South Africa and 10 other jurisdictions

The Firm has also been recognized in 15 transactional and advisory practice areas across Asia and the Middle East and Africa region. The In-House Community (IHC) 2021 has awarded Baker McKenzie the “Most Responsive International Firm of the Year” in 11 jurisdictions, including in South Africa. The other jurisdictions were China, Hong Kong, India, Malaysia, the […]

International Conference on the West African Food Security Storage System: ECOWAS to build a multilateral partnership around its experience

Download logo The ECOWAS Commission is set to organize, from 28th April to 10th May 2021, by videoconference, an international conference to share with its partners and the other regions of the world, the experience of its regional food security storage system. The official opening ceremony, which is scheduled to take place on Wednesday 28th April 2021 at […]

Canadian Awards 2021 are more than just olive oil participation trophies

A solid awards strategy can help you build credibility through third-party validation that will make your olive oil brand stand out to target audiences. CIOOC speaks for the quality of the olive oils and their position in the market, and also about the overall performance of a brand in the market.  Montreal– April 16, 2021 […]

Air France extends its operations in Africa as it launches a new route to Maputo and increases frequency

 Air France announces today that it will be expanding its operations on the African continent with increased frequency of flights between Paris-Charles de Gaulle and Johannesburg, and a brand-new route to Maputo, Mozambique from 20 June 2021. The flight to Maputo will be a continuation of the Johannesburg flight. Wouter Vermeulen, General Manager Southern Africa Air France-KLM, affirms that Air France remains strongly committed to […]

ITFC and the Republic of Cameroon Sign a US$750 Million Three-year Framework Agreement to Support Cameroon’s Key Sectors through Integrated Trade Solutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and Eng. Hani Salem Sonbol, CEO, […]

Vertis Aviation adds Africa-based Challenger 604 to portfolio

Switzerland-based Vertis Aviation, is expanding its footprint in Africa with the addition of a Bombardier Challenger 604 to the Vertis Charter Management Programme, VCMP. This is the second aircraft to sign up to the VCMP in as many months and represents the first Challenger 604 that the Argus Certified Broker will exclusively market for charter. […]

Piracy in the Gulf of Guinea: Vulnerable Trade Routes

Africa Map. Wikipedia.org

In 2020, 95% of all kidnappings at seas took place in the Gulf of Guinea. There, pirates, equipped with firearms, frequently enter ships, capture the crew, and steal cargo. Pirates are becoming more and more advanced in their tactics and the majority of attacks are carried out in hopes of getting ransom. Piracy creates problems […]

SMMEs primed for growth as economy slowly takes steps to recover

While South Africa’s economy took a series of blows over the last year, business owners remain confident that things will slowly start to stabilise in 2021. This was reaffirmed with South Africa’s SACCI business confidence index rising to 93.4 in November of 2020 from 92 in October, above pre-pandemic levels. According to Trevor Gosling, Co-founder […]

High-Impact Entrepreneurs Raise 4x Capital Year-On-Year

Endeavor empowers entrepreneurs for business growth Despite prolonged global market uncertainty, Endeavor South Africa has reported significant growth in their portfolio of disruptive tech businesses. The local chapter of the global non-profit organisation, which supports high-impact entrepreneurs in emerging markets, reported collective raises of R2bn in 2020 alone amongst the portfolio of 29 businesses, compared […]

Five Tech Megatrends that can Transform African economies in 2021 and beyond

Photo Credit: Scott Webb (Pexels.com)

The world has been experiencing massive digital disruption with the relentless rollout and adoption of disruptive and innovative technologies. Embracing digital disruption is daunting, since it is extremely unsettling with the rapid change brought about within societies and the severe impact on unskilled labor. Even if the African continent will not be spared by digital […]

Top 5 African News Portal

Newspaper is an essential part of a civilized society. A newspaper is a paper with information about the economy, politics, business, sports, entertainment, etc. The popularity of website-based newspapers is rising as everybody can read them from anywhere. Today, we will discuss the top five African news portals in short. AllAfrica.com is a renowned news […]

Dubai-based prominent African entrepreneur and philanthropist, Mahmood Ahmadu, conferred the Forbes ‘Best of Africa’ Award

Mahmood Ahmadu, founder and executive chairman of Online Integrated Solutions

The founder and executive chairman of Online Integrated Solutions is one of three leading African business luminaries to receive the prestigious recognition In a virtual ceremony held on September 11th 2020, Mr. Mahmood Ahmadu – founder of Africa’s leading multi-business IT conglomerate – was one of three celebrated business leaders to be presented the Forbes […]

Has the PE industry failed Sub-Saharan Africa?

View from the Carlton Centre, Africa's tallest building. Johannesburg, Gauteng, South Africa. Photo Credit: Adamina (www.flickr.com).

African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]