This is your complimentary issue of the weekly Africa Investment Alert, which highlights news from local and international media on both internal and external investment in Africa. To find out more about our other Alerts visit our web site. Feel free to forward this Alert to friends or colleagues.

Africa Alert

Africa Investment

Published: 07 Mar 2019 10:30

If you have any comments or questions about this alert, please contact the editor: Colin Smith Email

 Africa Investment (103) 

Africa

Africa, UK: We spoke to Nick O’Donohoe, the CEO the government-owned development finance institution

The Commonwealth Development Corporation, has long been a torchbearer for UK interests in Africa. We spoke to Nick O’Donohoe, the CEO the government-owned development finance institution – simply known as the CDC Group, which is rapidly boosting its presence on the continent by targeting ambitious African investments of $4.5bn over the next four years.

Source: Africa Business Magazine (01 Mar 2019 )  Share  Web Page

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Africa, UK: UK to invest up to 30m pounds through partnership with African Union

The UK is set to inject up to 30 million pounds into prosperity and security projects across Africa as it steps up its investment in the continent, Minister ...

Source: News Time Africa (28 Feb 2019 )  Share  Web Page

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Africa: Cloud computing will drive globalisation, innovation, efficiency across African economy

We can expect to see the cloud transform African businesses in two major ... learning without massive investments in their own software and servers.

Source: IT Web (28 Feb 2019 )  Share  Web Page

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Africa: Where Active Management Still Dominates

As investment strategies go, funds whose managers try to beat the market .... Actively managed funds investing in Africa on average underperformed ...

Source: The Wall Street Journal (04 Mar 2019 )  Share  Web Page

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Africa: Private credit offers viable solution for SME financing in Africa

Private credit offers viable solution for SME financing in Africa ... of the key challenges that they face when seeking to invest in the asset class in Africa.

Source: Africa Global Funds (28 Feb 2019 )  Share  Web Page

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Africa: Closing Africa's health financing gap

About half of these countries are in sub-Saharan Africa, where the health .... fulfilling commitments to invest in its vaccines during the 10-year period. 3.

Source: Brookings (01 Mar 2019 )  Share  Web Page

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Africa: Experts Expose Loophole in Health Care Funding in Africa

Experts Expose Loophole in Health Care Funding in Africa ... declaration for governments to invest at least 15% of their GDP in access to health for all.

Source: Kigali Today (03 Mar 2019 )  Share  Web Page

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Africa: FarmAgric wants to bring something different to the agropreneur space

For Africa , one of the main sectors that has benefited from technology is ... Which is one if the reasons why the ADFB will invest $24 billion in Africa ...

Source: YNaija (03 Mar 2019 )  Share  Web Page

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Africa: African countries urged to invest in quality fertilizers

African countries have been urged to invest in quality fertilizers that will help the continent to compete with other global giants on the international ...

Source: KBC Channel (04 Mar 2019 )  Share  Web Page

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Africa: Crowd-funding initiative hits $7m record in Africa

Crowd-funding initiative hits $7m record in Africa ... While crowd-investors can invest as little as €25 through Trine, on average people invested ...

Source: ESI Africa (04 Mar 2019 )  Share  Web Page

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East Africa

Eritrea, Russia:  Minister Osman Saleh Met and Held Talks With Russian Delegation

Asmara — Mr. Osman Saleh, Minister of Foreign Affairs, met and held talks, today, 28 February with Russian Federation's Sverdlovsk region delegation led by Mr. Sergey Bidonko, Deputy Governor. The two sides discussed on the investment opportunity and cooperation prospects in manufacturing, energy, water infrastructure, health, pharmaceuticals as well as culture and ...

Source: Shabait.com (01 Mar 2019 )  Share  Web Page

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Ethiopia, Togo: Somaliland launches road project connecting Berbera Port and Ethiopia – New Business Ethiopia

March 3, 2019 March 3, 2019 newbusinessethiopia President Muse Bihi Abdi Somaliland and Ethiopia officials from Somali region laid a cornerstone for the construction of a highway that links Berbera Port with Ethiopia’s border tow Togochale. The 72 kilometers road construction launched on Friday is part of the 234 kilometers highway in ...

Source: New Business Ethiopia (Trade) (04 Mar 2019 )  Share  Web Page

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Ethiopia:  Ministry Calls On Bottled Water, Soft Drinks Companies to Export Products

Addis Ababa Feburary 28/2019 Ministry of Trade and Industry has called on bottled water and soft drinks manufacturing industries to increase productivity and unleash Ethiopia's export industry. Speaking at the general assembly of Ethiopian Bottled and Soft Drinks Manufacturing Industries Association (EBSMIA), Trade and Industry State Minister Yohannes Dinkayehu said ...

Source: Ethiopian News Agency (01 Mar 2019 )  Share  Web Page

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Ethiopia:  Central Bank Allows Forex Transactions Inside Industrial Parks

By Fasika Tadesse Companies operating in industrial parks can transact in foreign currency while selling and buying raw materials with each other beginning this month, according to a new directive issued by the National Bank of Ethiopia (NBE). The new directive was issued two weeks ago to enable investors to buy or sell raw materials or inputs in foreign currency when ...

Source: Addis Fortune (27 Feb 2019 )  Share  Web Page

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Ethiopia:  MOENCO Invests 700 Million Br in Service Center

By Temesgen Mulugeta Motor & Engineering Company of Ethiopia (MOENCO), the sole importer of Toyota vehicles, is constructing a Toyota Service Centre for 700 million Br. The new facility will have 80 service bays and can maintain up to 25,000 vehicles a year. The centre will be located in Aqaqi-Qality district on a 20,000Sqm plot. Construction of the project started in ...

Source: Addis Fortune (27 Feb 2019 )  Share  Web Page

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Ethiopia: Ethiopia PM Abiy Ahmed to host a fundraising dinner

Ethiopian Prime Minister Abiy Ahmed will be hosting a fundraising dinner to help secure $1bn (£750m) for infrastructure projects in the capital. Officials said tickets will be charged at more than $175,000 per person, but further details are unclear. The dinner hopes to boost foreign investment into one of Africa's fastest growing economies. Since coming to power last ...

Source: BBC News - Africa (27 Feb 2019 )  Share  Web Page

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Kenya, Ethiopia: Kenya, Ethiopia renew commitment on Lapsset

Kenya and Ethiopia have renewed their commitment to implement joint infrastructure projects as key enablers of the two economies. President Uhuru Kenyatta and Ethiopian Prime Minister Abiy Ahmed said that the regional mega initiative, the Lamu Port-South Sudan-Ethiopia Transport Corridor (Lapsset), is central to the unlocking of the economic potential of the entire East African region.

Source: The East African (02 Mar 2019 )  Share  Web Page

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Kenya: Kenya is a 'complex' market for foreign firms - study

African countries ranked ahead of Kenya include Egypt in the fourth ... which guides foreign investors hunting for deals on where to invest across the ...

Source: Business Daily Africa (03 Mar 2019 )  Share  Web Page

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Kenya: Goodwell invests $2 mln in Copia

Goodwell, the pioneering investment firm whose focus is in fintech, financial inclusion and growth in firms providing essential goods and services has invested $2million into Copia, a Kenyan e-commerce venture. Copia makes it easier for underserved consumers to order and receive products. Copia launched in 2013, and it combines technology and local agents to offer products ...

Source: IT News Africa (22 Feb 2019 )  Share  Web Page

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Kenya: Kenyan Diaspora to Invest $45M in Housing Project

Kenyan Diaspora to invest huge amount of money in luxurious residential property in Nairobi. The property is to be ready in June and targets middle ...

Source: African Vibes (01 Mar 2019 )  Share  Web Page

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Kenya: Bidco Africa expansion gathers momentum with Ksh70bn investment

The company's chairman Vimal Shah says out of this $200 million (Ksh20 billion) has been invested in the Kenyan operation, while $500 million ...

Source: Kenya (01 Mar 2019 )  Share  Web Page

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Kenya:  Kenya Assures Foreign Investors of Business Friendly Environment

By Jeremiah Wakaya Nairobi — Kenya has assured foreign investors of its commitment to further improve the ease of doing business in a move the Foreign Ministry has said is geared towards tilting the scales from aid to trade. Foreign Affairs Cabinet Secretary Monica Juma said following a meeting with her Swedish counterpart Margot Wallström on Wednesday that the ...

Source: Capital FM (28 Feb 2019 )  Share  Web Page

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Madagascar: Airtel Madagascar : partenaire technologique de l’IT Station

(AIRTEL MADAGASCAR) - L’IT station de Behoririka a officiellement ouvert ses portes à tous les passionnés et amateurs de High-Tech. Une occasion en or pour le 3ème opérateur mobile mondial d’annoncer, durant l’évènement, sa forte contribution dans l’accompagnement technologique du centre à travers la mise en place de dispositif de connectivité et d’interface ...Translate

Source: Agence Ecofin (21 Feb 2019 )  Share  Web Page

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Mauritius:   Le câble de fibre optique MARS, qui relie déjà Maurice à Rodrigues, entre officiellement en service le 16 février

(Agence Ecofin) - C’est demain, 16 février 2019, que le système sous-marin de fibre optique MARS (Mauritius And Rodrigues Submarine cable) entrera officiellement en service. Il interconnecte la République de Maurice à l’île de Rodrigues, son dixième arrondissement situé au Nord-Est du pays, dont elle est séparée de 550 km. L’infrastructure télécoms d’une ...Translate

Source: Agence Ecofin (15 Feb 2019 )  Share  Web Page

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Rwanda, Dubai:  Five Rwandan Startups to Benefit From Dubai Chamber Mentorship Programme

By Simon Peter Kaliisa Five Rwandan startups are among the 10 selected startups from Africa by the Dubai Chamber that will stand a chance to participate in the mentorship program in August this year in the United Arab Emirates. The five were selected following an engagement of 20 startups from Dubai and Africa held at Kigali Convention Centre on the sidelines of the ...

Source: The New Times (15 Feb 2019 )  Share  Web Page

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Rwanda, EU:  Rwanda, EU Mull New Avenues of Cooperation

By Collins Mwai Government officials and representatives of the European Union member countries yesterday met to review current terms of cooperation as well as ways to further boost relations. At a meeting held in Kigali, the Rwandan officials were led by the Minister for Foreign Affairs, Dr Richard Sezibera. The delegation included officials from the Ministry of ...

Source: The New Times (27 Feb 2019 )  Share  Web Page

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Rwanda, UK:  Rwanda to Launch Broadband Satellite Wednesday

Photo: ESA-CNES-Arianespace OneWeb, a UK based global communications company, launches its first six initial satellites into low-earth orbit. By Julius Bizimungu Rwanda is working with OneWeb, a UK based company, to unveil ...

Source: The New Times (28 Feb 2019 )  Share  Web Page

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Rwanda: Rwanda coffee farmers seek government support

Following the fall in the farmgate price of coffee in Rwanda from Rwf 267 per kilogramme in 2018 to Rwf 190 this season, coffee farmers have asked the government to put in measures to help contain market instabilities. The new price was announced last week by the National Agricultural Export Development Board (NAEB). The President of Rwanda Coffee Cooperatives’ Federation ...

Source: Ventures Africa (28 Feb 2019 )  Share  Web Page

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Somalia:  Economic Growth Accelerating to 3.5 Percent in 2019, Says IMF

According to the International Monetary Fund IMF report, Somalia's economy is recovering, and the GDP growth is projected at 3.1 percent and end-year inflation at 3.5 percent. However, further efforts are needed to secure economic resilience and reduce poverty in the horn of the Africa nation. The report released on Tuesday dubbed "IMF Management of the First Review ...

Source: Shabelle Media Network (27 Feb 2019 )  Share  Web Page

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Sudan:  Al Bashir's Emergency Orders Restrict Freedoms and Trade

Khartoum — Yesterday, the Sudanese government led by President Omar Al Bashir issued four emergency decrees under the State of Emergency that further restrict public freedoms, in addition to handling of foreign currency, gold, and selling of fuel. On Friday, President Omar Al Bashir declared the State of Emergency. He dissolved the national Council of Ministers, ...

Source: Radio Dabanga (27 Feb 2019 )  Share  Web Page

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Sudan, USA:  Response to Protests, State of Emergency 'Red Lines' for U.S. Investment - Enough Project -

Washington — US corporate investment should not be promoted in Sudan while the country is in turmoil, a new report by the Washington-based Enough Project asserts. In a statement on Wednesday in response to the violent response by the Sudanese government to the widespread peaceful protests throughout the country, and the imposition of a year-long State of Emergency ...

Source: Radio Dabanga (28 Feb 2019 )  Share  Web Page

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Tanzania, China: 13 Chinese Companies to Make 384.1bn/ - Investments in Coast Region

Mr Lu Xiaoqiang, Deputy General Manager for Sinoma East Africa Limited, one of those 13 companies, said they want to set up plastic and car battery ...

Source: The Conversation (04 Mar 2019 )  Share  Web Page

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Tanzania, Italy: These Italian companies could help revive Tanzania’s leather sector

Italy’s Toscana Machine Calzature (TMC) and ItalProgetti are set to establish two leather factories in Tanzania. The agreement, which involves an investment of $24 million, will tap into the large quantity of raw hides and skin the Eastern African nation produces every year. The plant which is expected to produce 1.2 million pairs of shoes per year, will be constructed ...

Source: Ventures Africa (26 Feb 2019 )  Share  Web Page

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Tanzania:  Tanzania Up 31 Places in Global Innovation Index

By Lydia Shekighenda THE rapid development of innovation ecosystem in Tanzania over the past five years has improved the country's ranking in the Global Innovation Index (GII), moving up 31 positions from 123 in 2013 to 92 in 2018. This was revealed recently by Human Development Innovation Fund (HDIF) team leader, David McGinty during the launch of a report dubbed ...

Source: Tanzania Daily News (28 Feb 2019 )  Share  Web Page

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Tanzania:  Agriculture Sector Key to Shilling Stability, Hasunga

By Bernard Lugongo THE government banks on current efforts to raise cash crops export for stabilizing the shilling against the US dollar. Agriculture Minister, Japhet Hasunga noted that increasing export of cash crops will rescue the shilling against the dollar, citing the current decline of the local currency. "To me as Agriculture Minister I see that we have a big ...

Source: Tanzania Daily News (01 Mar 2019 )  Share  Web Page

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Uganda: How President Museveni’s social media tax is negatively affecting Uganda’s economy

Uganda has experienced a decline in the number of internet users since the introduction of a daily Over-The-Top (OTT) tax of UGX200 shilling($0.05) for social media tax last July. At the time the tax was introduced, Uganda’s finance minister, David Bahati said it was to raise revenue that would add to the national treasury. But that has not been the case. According to ...

Source: Ventures Africa (03 Mar 2019 )  Share  Web Page

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Uganda: Gov't investment in Kiira motors vital for economic development

Gov't investment in Kiira motors vital for economic development ... India , France and South Africa ,governments have invested heavily and continue to ...

Source: New Vision (02 Mar 2019 )  Share  Web Page

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Uganda: Gold is now Uganda’s number one foreign exchange earner

A report by the Central Bank of Uganda shows that Uganda is now exporting more gold than coffee. The gold exports increased by 23 percent last year compared to 2017, for the first time overtaking coffee as the East African country’s top foreign exchange earner. Adam Mugume, Bank of Uganda’s Executive Director for Research told Reuters that last year’s jump was caused by ...

Source: Ventures Africa (01 Mar 2019 )  Share  Web Page

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West Africa

West Africa: At WTM London, Stakeholders Proposed Integrating West African Tourism as One Destination

West Africa Tourism no doubt is gradually slipping into comatose. ... Fortunately, major investments are underway to build ports and airports and ...

Source: This Day Live (03 Mar 2019 )  Share  Web Page

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Benin: Bénin: l’ONG Partners for Development offre quatre centres communautaires aux producteurs d’ananas

(PARTNERS FOR DEVELOPMENT) - Le 26 février dernier, l’organisation non-gouvernementale Partners for Development a inauguré quatre centres communautaires (Community-based Centers) au Bénin. Ces infrastructures sont destinées aux producteurs   d’ananas des communes d’Allada, Tori-Bossito et Zè réunis au sein du Réseau des producteurs d’ananas du Bénin ...Translate

Source: Agence Ecofin (27 Feb 2019 )  Share  Web Page

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Cape Verde: Cabo Verde capital is the location of another hotel complex

Gamboa beach in Cabo Verde will be the location of a hotel complex costing 85 million euros, with several tourist facilities, announced the mayor of Praia, Óscar Santos.   Speaking to the Inforpress news agency, the mayor said that this complex, which is already underway, is the result of an investment ...

Source: Macauhub (27 Feb 2019 )  Share  Web Page

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Cape Verde: Cap-Vert : une filiale d'Icelandair prend les commandes de la compagnie nationale

Composée de neuf îles situées au large du Sénégal, l’ancienne colonie portugaise, indépendante depuis 1975, est une destination prisée des touristes, particulièrement en hiver, mais les vols extérieurs et entre les îles sont chers. Le montant de la transaction est « confidentiel », mais le secrétaire d’État aux Finances, Gilberto ...Translate

Source: Jeune Afrique (02 Mar 2019 )  Share  Web Page

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Côte d'Ivoire: 3 200 milliards de F CFA investis d'ici 2025 pour booster le tourisme

Le ministre du Tourisme Siandou Fofana a signé le 19 février un mémorandum d’entente avec le président du fonds d’investissement sud-africain Investment Fund Africa (IFA), visant à investir 3 200 milliards de francs CFA d’ici à 2025. La majorité sera mobilisée par l’État ivoirien avec le concours technique de la banque Attijariwafa, a ...Translate

Source: Jeune Afrique (22 Feb 2019 )  Share  Web Page

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Gambia, Mauritania:  Gambia, Mauritania Ink MOUs On Fisheries, Bilateral Cooperation

State House, Banjul, 28 February, 2019 - His Excellency, President Adama Barrow's two-day official visit to the Islamic Republic of Mauritania has led to the signing of Memorandums of Understanding (MOU) between the two friendly countries, following bilateral talks between the Heads of State at the Presidential Palace in Nouakchott. The MOUs will promote bilateral ...

Source: The Point (01 Mar 2019 )  Share  Web Page

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Gambia:  Problem of Groundnut Marketing

This Column is devoted to monitor and report on issues that relate to production, processing, preservation and marketing of agricultural produce, aimed at ensuring food security in the Gambia, as well as the interventions of Government and Non-governmental Organizations in this regard. Agriculture remains both a new and old source of national revenue and (youth) ...

Source: FOROYAA Newspaper (02 Mar 2019 )  Share  Web Page

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Ghana, Germany: New service launched to close financing gaps hampering Ghana-German trade 

A new service for German companies and their local partners in Ghana has been launched to close the financing gaps hampering trade activities between both countries. The service, which is known as the German Desk – Financial Support and Solutions, was opened in Accra in collaboration with Access Bank (Ghana) Plc, the Delegation of German Industry and Commerce in Ghana ...

Source: Myjoyonline (12 Feb 2019 )  Share  Web Page

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Ghana, UK:  UK to Finance Tamale Airport, Bekwai Hospital, Kumasi Central Market Phase 2 This Year

The Government of the United Kingdom has pledged funds to undertake three major infrastructure projects in Ghana this year. The Tamale Airport, the Bekwai hospital project and the Kumasi Central Market are all set to receive funding to either undergo major expansion, construction or facilitate the installation of essential equipment as part of the UK government's ...

Source: Ghana Presidency (27 Feb 2019 )  Share  Web Page

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Ghana, UK:  UK to Increase Investments in Ghana - - Minister for Africa

press release The United Kingdom's (UK) Minister of State for Africa, Harriet Baldwin has affirmed her government's commitment to increase its investments in Ghana. Addressing the second UK-Ghana Business Council (UKGBC) meetings at the Lancaster House in London she recounted the economic gains and significant strides made to formalize and improve the Ghanaian economy in ...

Source: Government of Ghana (27 Feb 2019 )  Share  Web Page

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Ghana, Israel: Opinion: Is the price-tag of Israeli investment too high for Ghana?

Publicly, Netanyahu and his Africa-based diplomats are putting a lot of effort ... Israel's investment and aid to African states - including Ghana - is not ...

Source: Joy Online (04 Mar 2019 )  Share  Web Page

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Ghana: Meralco, partners investing $580 million in Ghana company

PDS Consortium intends to invest over $580 million for capital ... the electricity distribution business of ECG in West Africa by the first quarter.

Source: Manila Standard (04 Mar 2019 )  Share  Web Page

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Guinea: [Tribune] Pourquoi 2019 sera l'année de la Guinée

L’année 2019 s’annonce prometteuse pour la Guinée. Lors de la réunion du conseil d’administration du Fonds monétaire international (FMI), le 21 décembre 2018, la deuxième revue du Programme économique et financier de la Guinée, appuyé par la Facilité élargie de crédit, a été déclarée concluante. En effet, tous les critères de ...Translate

Source: Jeune Afrique (21 Feb 2019 )  Share  Web Page

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Liberia, Ukraine:  First Ukrainian Honorary Consulate Opens in Liberia

By David A. Yates The ceremony brought together some government officials, among them Vice-President Jewel Howard Taylor, Elias Shoniyin, Acting Minister of Foreign Affairs, as well as the Ukrainian citizens working in Liberia. The Government of Ukraine through its Foreign Minister Pavlo Anatoliyovych Klimkin, Prime Minister, Volodymyr Groysman, Ambassador Oleksander and ...

Source: Liberian Observer (12 Feb 2019 )  Share  Web Page

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Nigeria: Investors continue negative sentiment in Nigerian equity market after Buhari’s election victory

Trading on the Nigerian Stock Exchange (NSE) continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark. NAN reports that the market capitalisation for last trading day in February shed N196 billion despite the N16 dividend declared by Dangote Cement. Specifically, the market ...

Source: Hallmark News (28 Feb 2019 )  Share  Web Page

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Nigeria: Nigerian fintech startup closes $5.5 mln Series A Round

Nigerian fintech company, TeamApt has closed on a $5.5M Series A round, led by Quantum Capital Partners. The Lagos-based company is a leader in the development of Digital Banking, Digital Business solutions and running Payment Infrastructure for Africa. Today’s announcement will see the company scale more aggressively into additional markets, whilst deploying investment ...

Source: IT News Africa (01 Mar 2019 )  Share  Web Page

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Nigeria: Buhari’s reelection is a blessing to the oil sector, say stakeholders

Stakeholders in the Nigerian oil and gas sector says the re-election of President Muhammadu Buhari is good omen for the oil and gas sector. Some of the stakeholders including staff of the Nigerian National Petroleum Corporation (NNPC) told the News Agency of Nigeria (NAN) in Abuja on Friday that the sector would witness massive growth with the reelection of the president. Mr ...

Source: Hallmark News (01 Mar 2019 )  Share  Web Page

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Nigeria: Investing in Nigeria to Reduce Poverty

Most of Nigeria's oil fields are minuscule in size and mismanaged, yet the country is still Africa's biggest oil producer. The Nigerian economy is ...

Source: Borgen  (04 Mar 2019 )  Share  Web Page

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Sierra Leone, UK: Sierra Leone News: BCC discusses 2019 Finance Act

The British Chamber of Commerce (BCC) in Sierra Leone on Thursday met at Brookfield’s hotel in Freetown to discuss the merits and demerits of the Finance Act 2019 that will be good for the investment of more British companies in Sierra Leone. The Chamber after going through several areas which were unclear to its members decided that they together with other ...

Source: Awoko (News) (20 Feb 2019 )  Share  Web Page

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Sierra Leone, Germany: Sierra Leone: German Foreign Minister Wants More Companies to Invest in Salone

According to Heiko Maas, such investment from companies in Germany will help in the creation of jobs, which will in turn discourage the idea of ...

Source: South Africa Today (02 Mar 2019 )  Share  Web Page

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Sierra Leone: Sierra Leone News: Salone needs more trade”…..President Bio

The inaugural meeting between the Government and the Development Partnership Committee (DEPAC) was held at State House, yesterday, Tuesday 26 th February 2019. President Bio said the country needs more trade and less aid. The meeting served as a platform for development donors to gain an insight into development plans as per medium term national development and the ...

Source: Awoko (News) (01 Mar 2019 )  Share  Web Page

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Togo, EU: 300 investisseurs européens attendus en juin à Lomé

Le premier Forum économique Togo-Union européenne aura lieu les 13 et 14 juin prochains à Lomé.  ‘Bâtir des relations économiques durables et pérennes entre le Togo et l’UE’, tel est le thème de cette rencontre dont les détails ont été présentés mardi. La réunion était présidée par le Premier ministre qui avait à ses côtés la directrice de ...Translate

Source: Republic of Togo (Economy) (13 Feb 2019 )  Share  Web Page

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Togo, Republic of Ireland: Dublin et Saint-Marin établissent des relations diplomatiques avec Lomé

Le Togo et l’Irlande ont procédé vendredi à New York à l’établissement de relations diplomatiques. L’accord a été signé par Franck Kokou Kpayedo, l’ambassadeur du Togo aux Nations Unies, et Geraldine Byrne Nason, la représentante de Dublin à l’ONU. Les deux représentants permanents se sont félicités de la convergence de vues sur les grandes questions ...Translate

Source: Republic of Togo (Diplomacy) (02 Mar 2019 )  Share  Web Page

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Togo: Capacité à attirer l'investissement

Le gouvernement lancera en grande pompe le 4 mars prochain son Plan national de développement. L’orientation d’une nouvelle trajectoire, à caractère inclusif et durable, voulue par les dirigeants togolais, n’est pas purement technique. Elle demande un effort d’intelligence et de courage et surtout une stratégie bien réfléchie. Ce programme, dont on connaît la ...Translate

Source: Republic of Togo (Economy) (28 Feb 2019 )  Share  Web Page

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Togo: Togo : la croissance économique atteindra 5% en 2019, et 5,3% en 2020, selon la BAD

(Agence Ecofin) - L’économie togolaise devrait renouer avec une croissance plus vigoureuse en 2019. Après le ralentissement en raison de l’impact négatif de la crise socio-politique, et de l’ajustement budgétaire sévère convenu avec le FMI, l’activité économique est promise cette année à une progression de 5%, selon la Banque africaine de développement. ...Translate

Source: Agence Ecofin (14 Feb 2019 )  Share  Web Page

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North Africa

Morocco, Africa: Moroccan investments in Africa

They take some money and invest it in Africa. After few years they get their money back with some profit. Where did this money go once it comes back ...

Source: skyscrapercity.com (03 Mar 2019 )  Share  Web Page

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Morocco:  Forum international Afrique développement - 1 500 décideurs et investisseurs attendus à Casablanca

Par Valentin Mbougueng La sixième édition de ce grand rassemblement d'affaires se tient, les 14 et 15 mars, dans la capitale économique marocaine. Après un intermède d'un an, le Forum international Afrique développement organisé par le Club Afrique développement (Fiad) du groupe bancaire marocain Attijariwafa bank ...

Source: Visiter Fratmat.info (02 Mar 2019 )  Share  Web Page

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Egypt: Egypt eyes Asian tourists

Egyptian Central Bank . There has been an increase in tourists arriving in Egypt after a nosedive following the 2011 revolution and the subsequent protests and the 2015 crash of a Russian plane in Sinai.Leaders in the tourism sector are seeking to boost tourism from east and southeast Asia, particularly China. Ahmed Hamdi, former deputy head of ...

Source: Al-Monitor (00 0000 )  Share  Web Page

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North Africa: AVIVO Group eyes expansion in GCC and North Africa

AVIVO Group, one of the fastest growing healthcare service providers in the GCC, is planning to expand its presence in the Gulf countries and North Africa amid growing opportunities and strong demand for healthcare services in these countries, its Chief Executive Officer Dr. Dilshaad Ali told reporters during a media roundtable recently.

Source: Zawya (03 Mar 2019 )  Share  Web Page

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Central Africa

Niger: Télécoms : Orange Niger saisit la justice pour négocier avec ses créanciers

Nouvelle épisode dans la relation houleuse entre Orange Niger et l’État. Cette fois, c’est le groupe français qui est à l’initiative. En proie à « d’importantes difficultés économiques notamment du fait des conditions de marché », Orange a annoncé le 27 février, avoir sollicité l’ouverture d’une procédure de ...Translate

Source: Jeune Afrique (28 Feb 2019 )  Share  Web Page

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DR Congo: Validation à Kinshasa du rapport de la revue conjointe 2017 du secteur agricole en RDC

  Kinshasa , 12 février 2019 (ACP).- Le rapport de la revue conjointe 2017 du secteur agricole en RDC a été validé mardi à Kinshasa, au cours d’un atelier organisé à cet effet, sous la direction du ministère de l’Agriculture, à l’initiative du Projet d’appui à la réhabilitation et à la relance du secteur agricole, fonds additionnel (PARRSA-FA). ...Translate

Source: L’Agence Congolaise de Presse (12 Feb 2019 )  Share  Web Page

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Gabon: Assainissement budgétaire : la Banque mondiale octroie 200 millions de dollars à Libreville

Le 25 février, la directrice des opérations de la région Afrique centrale de la Banque mondiale, Elisabeth Huybens, et le ministre gabonais de l’Économie, de la Prospective et de la Programmation du développement, Jean-Marie Ogandaga, ont signé une convention pour un appui budgétaire de 200 millions de dollars de l’institution de Bretton Woods à ...Translate

Source: Jeune Afrique (27 Feb 2019 )  Share  Web Page

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Niger: Le Niger veut lever 60 milliards de F CFA sur les marchés pour financer son programme d'investissement

Le Niger a émis ce lundi 25 février 6 millions d’obligations sur les marchés financiers de l’Union Économique et Monétaire Ouest-Africaine (UEMAO), pour une valeur unitaire de 10 000 F CFA. L’opération prendra fin le 25 mars prochain. L’État nigérien annonce un taux d’intérêt annuel de 6,5 % par opération, pour les sept ...Translate

Source: Jeune Afrique (25 Feb 2019 )  Share  Web Page

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Mali:  Le groupe UBA lance officiellement ses opérations bancaires au Royaume-Uni

Par La Rédaction Londres, le 1er mars 2019: Trois semaines après le lancement par le groupe UBA de sa filiale au Mali, la ville financière mondiale de Londres a accueilli jeudi 28 février 2019 un rassemblement des dirigeants de haut niveau des secteurs privé et public, alors que la nouvelle franchise de UBA, UBA Royaume-Uni (UBA R-U), est ...

Source: Visiter Le Journal de l'Economie Sénégalaise (02 Mar 2019 )  Share  Web Page

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Cameroon:  International Trade - Cameroon On a Deficit

The worrisome balance of payment is being addressed by reducing imports and making the industry sector more competitive. Responding to the country's worsening trade deficit remains a preoccupation to government, the Balance of Payments National Technical Committee has said. The observation was made in Yaounde, Friday February 22, 2019, when the Committee met in an ...

Source: Cameroon Tribune (27 Feb 2019 )  Share  Web Page

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Congo, DR Congo:  Ebola Escalated Response - U.S. $80 Million Commitment to the Democratic Republic of the Congo

Photo: Alain Coulibaly/Monusco An Ebola tratment centre at a hospital in Beni in the DR Congo's North Kivu province. press release World Bank Group and Pandemic Emergency Financing Facility support government and partners ...

Source: World Bank (28 Feb 2019 )  Share  Web Page

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DR Congo: Les étudiants de l’ISC appelés à concevoir des projets de développement

Kinshasa, 16 février 2019 (ACP).-   Le président de la Fondation «Barakhat», Junior Milembolo, a appelé samedi, à Kinshasa, les étudiants de l’Institut supérieur de commerce (ISC) à concevoir des projets de développement, lors d’une conférence sur le leadership civique et l’entrepreneuriat tenue en l’enceinte de cet institut. Le président de la ...Translate

Source: L’Agence Congolaise de Presse (16 Feb 2019 )  Share  Web Page

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Congo, South Africa: Congo-Afrique du Sud : un partenariat sur l'investissement en vue

div style="text-align: justify;">Au cours de leurs discussions, il ressort que TIA, une organisation au sein du ministère sud-africain du Commerce et de l’Industrie, qui est chargée de promouvoir les hommes d’affaires, compte signer dans les prochains mois un mémorandum d’entente avec l’Agence pour la promotion des investissements (API) de la République du Congo. ...Translate

Source: Congo-Site (13 Feb 2019 )  Share  Web Page

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Southern Africa

Angola, Portugal: Angola e Portugal reforçam cooperação económica

Em declarações à imprensa, no final de uma reunião do Observatório de Investimentos Angola-Portugal, João Neves sublinhou que aos governos cabe a responsabilidade de criar um quadro regulatório simples, capaz de concretizar investimentos angolanos em Portugal e investimentos portugueses em Angola, com a menor ...Translate

Source: Angop Angola Press Agency (20 Feb 2019 )  Share  Web Page

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Angola, Sweden: Angola e Suécia unem-se para ampliar volume de negócios

O encontro decorreu na sala de imprensa do Ministério das Relações Exteriores da Suécia sob o lema “Tempo para aumentar as actividades de negócios em Angola” e visou, essencialmente, promover a aproximação entre empresários, investidores e diplomatas angolanos e suecos. Angola, por intermédio da Agência ...Translate

Source: Angop Angola Press Agency (07 Feb 2019 )  Share  Web Page

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Angola, UK: Fundo britânico dispõe de USD 700 milhões para investimento em Angola

O responsável falava à imprensa, à margem de um encontro entre empresários angolanos e membros da missão empresarial do Reino Unido que se encontra desde segunda-feira em Luanda, sobre a necessidade de investimento no país. Convidou os empresários britânicos a investirem em Angola, nos domínios comercial, ...Translate

Source: Angop Angola Press Agency (19 Feb 2019 )  Share  Web Page

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Angola, USA: L'Angola bénéficie d'un soutien technique et financier des Etats-Unis

L’intention de ce soutien à l’Angola découle des réformes entreprises par le Président de la République, João Lourenço, dans le pays, qui a pour devise de  gouvernance la lutte contre la corruption, l’amélioration de l’environnement des affaires, l’attraction de nouveaux investissements, parmi d'autres ...Translate

Source: Angop Angola Press Agency (14 Feb 2019 )  Share  Web Page

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Angola: Angolan government set to unveil new investment programme | Africa Outlook Magazine

The Angola Oil & Gas 2019 Conference & Exhibition will be a critical launch pad for the Angola Government’s ambitious efforts to transform the economy and establish an era of new investments. Under the auspices of H.E. João Manuel Gonçalves Lourenço , President of Angola, and endorsed by the Ministry of Mineral Resources and Petroleum, the conference will be ...

Source: Africa Outlook (News) (01 Mar 2019 )  Share  Web Page

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Angola: Angolan government plans to raise US$80 million by selling seven companies

The Angolan government expects to make at least US$80 million dollars by privatising the first seven companies of a set of 52 industrial units installed in the Luanda-Bengo Special Economic Zone, according to officials. Gilberto Luther, manager of the State Assets and Assets Management Institute (IGAPE), announced ...

Source: Macauhub (01 Mar 2019 )  Share  Web Page

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Angola: Firm invests USD 4 million in sausage manufacturer

Speaking to Angop, the administrator of Mestre-Akino industry limited, Luís Nicássio, said from the overall amount USD 2, 2 million were financed by the extinguished investment programme "Angola investe", and the rest was provided by the promoter of the investment.    The manufacturer is to have capacity to produce 50 tons of pork. ...

Source: Angop Angola Press Agency (28 Feb 2019 )  Share  Web Page

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Angola: Laúca e Capanda aumentam oferta de energia eléctrica

O aumento da disponibilidade hídrica nestes dois reservatórios das barragens do rio Kwanza permite ao sistema eléctrico norte dispor de alto nível de segurança energética para 2019. Laúca, que dispõe de uma albufeira artificial com 188 km2 de área e com capacidade para reter dois biliões de metros ...Translate

Source: Angop Angola Press Agency (23 Feb 2019 )  Share  Web Page

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Botswana, Zimbabwe: Zim-Bots relations hit new high

The signing of 1 billion pula credit facility between Zimbabwe and Botswana last week, which is aimed at capacitating the local private sector, has catapulted relations between the two neighbours to a higher level. Botswana President Dr Mokgweetsi Masisi, described the inaugural Bi-National Commission (BNC) between his country and Zimbabwe as “the beginning of a long journey which is ahead of us”, and economic commentators in the country share his views.

Source: The Zimbabwe Daily (02 Mar 2019 )  Share  Web Page

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Malawi, China:  Exim bank promises speedy rural connectivity funding

Barcelona, Spain, February 27:  The Exim Bank of China has promised the Malawi Government it will accelerate the release of resources for providing universal  mobile phone and internet connectivity to the people of Malawi.   Zeng Ming,  Exim Bank's Chief for sovereign business and concessional loans, made the promise during a meeting he held on Wednesday with ...

Source: Malawai News Agency (Business) (01 Mar 2019 )  Share  Web Page

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Mozambique, South Africa: South African companies interested in a textile factory in Mozambique

South African companies linked to the textile sector have expressed interest in reactivating the factory of the former Textáfrica – Sociedade Têxtil de Vila Pery in Chimoio, said the governor of Mozambique’s Manica province, Manuel Rodrigues. The governor also said that representatives of these ...

Source: Macauhub (28 Feb 2019 )  Share  Web Page

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Mozambique, USA: Anadarko Petroleum Group announces investment of US$176 million in Mozambique the first half of 2019

US group Anadarko Petroleum intends to invest about US$176 million in the Rovuma basin’s natural gas exploration project in northern Mozambique in the first half of this year and before the project’s partners make a final investment decision, according to the annual report on 2018. The document said ...

Source: Macauhub (27 Feb 2019 )  Share  Web Page

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Mozambique: Natural gas block partners in Mozambique secure sales of 9.5 million tonnes per year

Mozambique LNG1 Company Pte. Ltd., the Rovuma Basin Area 1 sales partner, has already signed long-term contracts for the sale of 9.5 million tonnes of liquefied natural gas (LNG) per year, Indian company ONGC Videsh said in a market statement. The subsidiary of the Oil and Natural Gas Corporation (ONGC) group said ...

Source: Macauhub (27 Feb 2019 )  Share  Web Page

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Mozambique: Le gouvernement mozambicain lancera en 2019 un appel d'offres pour la gestion du port de pêche de Beira

(Agence Ecofin) - Au Mozambique, le gouvernement lancera, cette année, un appel d’offres afin de recruter un gestionnaire pour le port de pêche de Beira. C’est ce que rapporte Macauhub qui cite Henriques Bongece, ministre adjoint de la Mer, des Eaux intérieures et de la Pêche. Cette annonce entre dans le cadre des réformes visant à dynamiser ladite installation ...Translate

Source: Agence Ecofin (18 Feb 2019 )  Share  Web Page

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Namibia:  U.S.$72 Million Needed to Restart Langer Heinrich

By LAZARUS AMUKESHE About N$1 billion would be required to revive the Langer Heinrich uranium mine, the Australian group Paladin Energy announced yesterday. The company announced this on the Australian Stock Exchange's news platform. Paladin Energy placed the Langer Heinrich uranium mine which produced about 8,2 tonnes of yellow cake between 2014 and 2017 under care ...

Source: The Namibian (27 Feb 2019 )  Share  Web Page

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South Africa, India: S. African president opens 1.6 bln USD zinc mine

"We welcome this substantial investment by Vedanta, which not only deepens South Africa's relationship with India but also signals Vedanta's ...

Source: xinhuanet (28 Feb 2019 )  Share  Web Page

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South Africa: Op-Ed: How SA can fast-track its energy revolution

South Africa can no longer rely on one primary source of energy. ... development program that ensures greater return on investments and helps ...

Source: CNBC Africa (01 Mar 2019 )  Share  Web Page

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South Africa:  Despite Barriers, South Africa Is a Good Place for Impact Investments

analysis By Stephen Mccallum And Suzette Viviers There's no doubt that the world faces tremendous challenges. There is enough food in our world to feed the hungry - but it's not evenly distributed. There's sufficient medicine available to treat a number of dread diseases - but this often doesn't reach those who need it. There are innovative ways to supply water and generate ...

Source: The Conversation (28 Feb 2019 )  Share  Web Page

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South Africa: Responsible investment and sustainable development growing priority for private equity

  81% of private equity firms report ESG matters to the Board at least once a year, according to PwC’s Private Equity (PE) Responsible Investment Survey 2019 67% of respondents prioritised and identified SDGs (Sustainable Development Goals) relevant to their investments in 2018 91% of private equity firms have adopted or are developing responsible investment/ESG ...

Source: Money Marketing (28 Feb 2019 )  Share  Web Page

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Zimbabwe, Japan:  Japanese Business Delegation Arrives

By Enacy Mapakame Zimbabwe is enhancing its investment laws to attract more foreign direct investment (FDI) into the country, Industry and Commerce ...

Source: The Herald (19 Feb 2019 )  Share  Web Page

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Zimbabwe: Zimbabwe is set to grant licenses to 37 cannabis investors

Following the legalization of cannabis, the government of Zimbabwe has approved the request of 37 investors to produce and trade marijuana for scientific and medicinal reasons. This comes after more than 150 foreign and local investors indicated interest. After much deliberation, Zimbabwe approved the use of marijuana for solely medicinal and scientific use in April 2018. ...

Source: Ventures Africa (28 Feb 2019 )  Share  Web Page

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Zimbabwe:  AfDB Projects Zimbabwe Economic Boom

By Zvamaida Murwira The African Development Bank Group (AfDB) has projected Zimbabwe's economy to grow successively in the next two years underpinned by prudent fiscal measures being implemented by President Mnangagwa's administration. In its economic outlook report, AfDB said the economy will grow by 4,2 percent this year and by 4,4 percent in 2020, despite the ...

Source: The Herald (01 Mar 2019 )  Share  Web Page

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Zimbabwe: Zimbabwe in 2019: the state we’re in and the roadmap forward

After inheriting a sound economy – albeit one with deep socio-economic disparities – on gaining independence in 1980, the government of Zimbabwe has instituted decades of economic decline and ever widening inequality by prioritising political and economic capital over everything else. In the 1980s there was confidence amongst ordinary citizens who generally did not ...

Source: The Zimbabwean (01 Mar 2019 )  Share  Web Page

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Women & Youth

Africa: Women-led tech startups on the rise in Africa

On the surface, sub-Saharan Africa boasts the world’s highest rate of women entrepreneurs, at 27%. The MasterCard Index of Women Entrepreneurs 2017 listed two African countries, Uganda (34.8%) and Botswana (34.6%), as having the highest percentage of women entrepreneurs globally

Source: How We Made It In Africa (11 Feb 2019 )  Share  Web Page

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Africa: Opinion: We have to think bigger about investments in women and girls

Study after study tells us that giving women and girls equal access to economic opportunities, including productive and financial assets and quality employment, is the key to unlocking economic growth in an unprecedented way. If we create a system where women in sub-Saharan Africa have the same economic opportunities as men, it could add up to $700 billion to the global economy. For perspective, that’s roughly the size of the economies of Nigeria and South Africa combined.Translate

Source: Devex (12 Feb 2019 )  Share  Web Page

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Africa: African Union — Support for Youth and Women in Livestock, Fisheries and Agribusiness

The African Union aims to promote the entrepreneurial agribusiness as means for job and wealth creation for Africa’s youth and women. Proposed projects under this call should address actions in the thematic areas of fisheries, aquaculture, animal farming and agribusiness networks. Existing agribusinesses and agribusiness startups may request grants of US$10 thousand or US$20 thousand

Source: Agricultural Business (04 Mar 2019 )  Share  Web Page

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Gambia, Senegal:  Business Stakeholders Validate 'She Trades' in Gambia

By Momodou Jarju Stakeholders in the business and entrepreneurship sector in collaboration with partners, yesterday February 26th 2019, validated the 'She Trades' initiative in The Gambia. The International Trade Center (ICT), launched the 'She Trades', a global initiative to create an ecosystem of integrated solutions which empowers women economically, through greater ...

Source: FOROYAA Newspaper (28 Feb 2019 )  Share  Web Page

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