Kenya to host ‘WindAfrica2021’ conference

KENYA – The Global Wind Energy Council will hold a conference on Wind Energy in Nairobi on 16th and 17th November 2021. The conference will have interactive sessions and panel discussions on Wind Energy in Africa, and it will bring together more than 25 wind experts and over 70 attendees from around the world. Africa has a wealth of renewable energy sources including wind energy and solar energy but despite the abundance of wind energy, the industry is small and concentrated in developed regions such as South Africa, Morocco, and Egypt. Huge…

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Puttru launches webinar to address investment gap in Africa’s Energy Sector

AFRICA – Nigeria-based business facilitation platform Puttru has launched a webinar to address Africa’s energy sector investment gap which is estimated to be around US$50billion per annum. According to Puttru, the African continent is a huge reservoir of energy resources, with potentials largely unexploited and many more undiscovered. Puttru notes that abundant energy resources on the content presents a huge opportunity for private sector investment however, the question ‘how can Africa attract private sector investment into the energy sector?’ remains pertinent. To answer this question, Puttru is organising a  webinar…

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10 African startups shortlisted for the US$1.5m Jack Ma’s Africa Netpreneur Prize

AFRICA – Jack Ma Foundation has shortlisted 10 finalists for its Africa Netpreneur Prize Initiative (ANPI) which will offer selected innovative tech startups access to a US$1.5 million prize pool. The project in its second edition was created by Alibaba founder Jack Ma after his first trip to Africa in 2017 with the aim supporting the next generation of African entrepreneurs. The first edition was won by Nigerian startup LifeBank in November last year. The 10 entrepreneurs that represent eight African countries were selected from over 22,000 applications across all the 54 African nations.…

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Rwanda to host Mobile World Congress Africa 2021

RWANDA – The Global Systems for Mobile Association (GSMA) has announced that it will host Mobile World Congress (WMC) Africa in Kigali, Rwanda in 2021 after MWC 2020 was scrapped in the wake of numerous wireless tech heavyweights deciding to pull out from the conference citing the COVID-19 outbreak.  MWC21 Africa is expected to bring together the leading names in business and technology from all around the world. The GSMA Director General Mats Granryd speaking on the development said that “I am proud of what we have built with Thrive…

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Verod Capital signs transaction implementation agreement to buy 100% stake in Law Union

NIGERIA – Verod Capital, one of West Africa’s truly indigenous Private Equity firms, has signed a Transaction Implementation Agreement to buy 100 per cent stake in Law Union & Rock Insurance Plc. “The board, management and shareholders are delighted with this development,” said Mr Ademayowa Adeduro, Managing Director and Chief Executive Officer of Law Union. “Our recapitalisation exercise will be concluded in a couple of months to this time, as we keep to our promise of regular briefing to our esteem clients and brokers.” Law Union stated that the signing…

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Total named Ghana’s Petroleum Company of the Year

GHANA – Total Petroleum Ghana Limited, one of the leading oil marketing companies in Ghana, has been adjudged the Petroleum Company of the Year during the Chartered Institute of Marketing Ghana (CIMG) Award held in Accra. A statement from CIMG commended Total Ghana for offering solution-based products and services to the public. The statement said that it was these measures that made Total Ghana to be the preferred brand in Ghana outperforming other oil marketing companies operating in the country. Mr Henry Adzewodah, the Lubricants Manager of Total Ghana, said…

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Commonwealth trade to hit $700bn in 2020 despite rise in protectionist tendencies among states.

GLOBAL – The commonwealth has revealed that Trade among member countries is projected to hit the US$700 billion mark in 2020 despite a rise in protectionist tendencies. In a press statement, the UK secretary of State for International Trade, Elizabeth Truss said: “The 53 member states in the Commonwealth boast a combined population of over 2.4 billion people and intra-Commonwealth trade is projected to reach $700 billion by next year.” This trade is expected to be buoyed by rapid growth of population and per capita income, particularly in developing country…

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Morocco to Host 3rd International Nuclear Security Conference

MOROCCO – Morocco will in early October this year host the third International Nuclear Security Conference in Marrakech.  The conference will be hosted by the Moroccan Agency for Nuclear and Radiological Safety and Security (AMSSNuR), in cooperation with the International Atomic Energy Agency (IAEA). The International Nuclear Security Conference was fist organized in 2012 and was hosted by the US Nuclear Regulatory Commission (NRC)   while the second was conducted in 2016 and was hosted by the Spanish Nuclear Safety Council (CSN). The conference “was born from the need to organize…

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Vodafone named Ghana’s most innovative procurement company

GHANA – Vodafone Ghana has been named the organisation with the most Innovative Procurement Process at the second edition of the Procurement and Supply Chain Awards. Vodafone Ghana was acknowledged for introducing a technology that has automated its processes, particularly the physical logistics and administrative aspects. These have remarkably minimised disruptions in its overall business efficiency. The Supply Chain team also introduced an extensive strategic cost-cutting programme, which yielded impressive results in operational cost and maximised value in every procurement transaction across the country. The telecommunications giant also received an…

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Africa’s Hospitality industry set to attract 700 New Hotel Restaurants and Bars by 2025

AFRICA – A new study released at the Africa Hotel Investment Forum (AHIF) by KEANE, forecasts that 700 new internationally branded hotel restaurants and bars will be opened in Africa by 2025. The prediction is based on KEANE’s research into 410 F&B venues across the 100 internationally branded hotels in the major 10 cities in Africa and W Hospitality Group’s authoritative hotel development pipeline report. “Over the last 70 years, the restaurant market internationally has been built on three factors; growing towns and cities, broad distribution of income and a…

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