Africa

By: Ousmane Badiane, Executive Chairperson of AKADEMIYA206, and Co-Chair of the Malabo Montpellier Panel A growing class of wealthier, time-constrained, mostly urban populations in Africa are hungry for shelf-stable, ready-to-eat, ready-to-cook, or easy-to-prepare processed foods. It presents a rare opportunity for the continent’s agrifood processors to tap into a growth market expected to triple the value of Africa’s food and […] More

With a new bid round in preparation, Angola is gearing up to attract investment to its greenfield projects, while simultaneously maximizing production from mature fields. At the African Energy Week (AEW): Invest in African Energy 2024 conference, the Energy Finance Summit will feature a dedicated session on “Financing Angolan Energies,” exploring how Angola can secure […] More

Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 […] More

Paramount, the global aerospace and defence technology company, today announced the delivery of its Maatla 4×4 Light Protected Multi-Mission Border Patrol Vehicle to its partners, the Ghanaian Ministry of Interior, during the African Aerospace and Defence Expo (AAD 2024) in Tshwane, South Africa. The introduction of the Maatla LPV, meaning “Power” in Setswana, aligns with […] More

Leading oil-and-gas multinational ExxonMobil is progressing several energy initiatives on the African continent, consolidating its status as one of the drivers of the industry on the continent. Recent developments herald further expansions of the robust ExxonMobil upstream pipeline to strengthen energy security through reliable, affordable energy supply while achieving industry-leading emissions intensity. The latest expression […] More

With just six weeks remaining until the Manufacturing Indaba 2024, excitement is building for what promises to be a transformative event for Africa’s manufacturing sector. The event will take place from 22 – 23 October 2024 at the Sandton Convention Centre in Johannesburg, South Africa bringing together industry leaders, experts, and stakeholders from across the continent to explore and shape the future of manufacturing […] More

Two flagship events, the inaugural African Venture Philanthropy Alliance (AVPA) Conference and the Angel Fair Africa (AFA), both focused on growing and supporting the impact and startup investment ecosystem in Africa, will be hosted back-to-back in Nairobi, Kenya in November 2024. These events are a joint effort between AVPA; an organisation on a mission to […] More

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org/) is delighted to announce the finalists for the prestigious 2024 AWIEF Awards, set to recognize and celebrate the achievements of Africa’s women entrepreneurs and business leaders. The awards, held annually as part of the AWIEF conference, honor the impact of women entrepreneurs in driving innovation, promoting […] More

The World Health Organization (WHO) in partnership with the Government of Japan supported the Ministry of Health and Social Services (MoHSS) to conduct a three-day workshop in Swakopmund. Held from 09 – 11 September 2024, the workshop aimed to sensitize and orient the media on ethical reporting on health-related matters including promoting nutrition, emergency response […] More

FSDAi Nyala Facility BV, a facility set up by FSD Africa Investments to invest in emerging local capital providers is injecting US$1 million into Africa-based specialist VC fund First Circle Capital. Run by former entrepreneurs and fintech executives Selma Ribica and Agnes Aistleitner Kisuule, First Circle invests in the continent’s most promising early-stage financial technology […] More

Standard Bank, the largest African financial services organisation by assets, hosted a high-profile roundtable at its Beijing office, reinforcing the vital role of China-Africa cooperation in driving economic growth and sustainable development. The event took place sidelines of the Forum on China-Africa Cooperation (FOCAC), a significant gathering aimed at enhancing bilateral relations and economic partnerships […] More

From its international soft launch at COP28 UAE in Dubai last December, the ‘Road to Namibia’ campaign in support of the Global African Hydrogen Summit has evolved into a movement to fuel Africa’s green industrial revolution. Following nine months on the road across Africa and around the world advocating, lobbying and raising awareness, the ‘Road to […] More