GSK, Novartis launch US$3.6m project to support high-quality genetic scientific research in Africa

AFRICA – GlaxoSmithKline plc (GSK), a British multinational pharmaceutical, and Novartis International AG is a Swiss multinational pharmaceutical, have announced the launch of a collaboration to support high-quality scientific research investigating the link between genetic diversity across different regions in Africa and its potential impact on response to drug therapeutics. The Project Africa Genomic Research Approach for Diversity and Optimising Therapeutics (GRADIENT), with a combined funding commitment of US$3.6 million over five years, calls on African researchers to submit robust research proposals on the relevance of African genetic diversity to…

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Ghana to launch sub-Saharan Africa’s first liquefied natural gas-to-power project

GHANA – Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region. Tema LNG Terminal Co. received the floating regasification unit from Jiangnan, China, paving the way for the supply of 1.7 million tons of natural gas per year for power generation sometime this quarter, Edmund Agyeman-Duah, project manager at the company, said. The company, backed by Helios Investment Partners and Africa Infrastructure Investment Managers, began building the US$350 million…

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Construction of China-aided Africa CDC headquaters launches in Ethiopia

ETHIOPIA – Construction of the China-aided future headquarters of the Africa Centers for Disease Control and Prevention (Africa CDC) has commenced in the Ethiopian capital, Addis Ababa. H.E. Amira Elfadil Mohamed Elfadil, Commissioner for Social Affairs and H.E. Ambassador Yuxi Liu, Head of the Mission of the People’s Republic of China to Ethiopia, on behalf of the African Union Commission and the Government of China attended the groundbreaking and unveiling ceremony for project. The event took place in the presence of representatives from the AU Commission, the Government of China,…

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Amazon launches its payment processing services in MENA region

MENA – Amazon, an American multinational technology company, has announced the launch of Amazon Payment Services in the Middle East and North Africa (MENA) region. Amazon Payment Services is a payment processing service with the objective to empower businesses with simple, affordable, and trusted online payment experiences. In 2017, Amazon acquired PAYFORT as part of the Souq Group acquisition. PAYFORT was established in 2013 in the region. With the launch of Amazon Payment Services, businesses that use the service will continue to have access to a range of payment services…

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Digital trucking marketplace Trella launches its third market in Pakistan

EGYPT – Trella, a digital trucking marketplace based in Cairo, Egypt has announced its expansion into Pakistan. This marks the third market Trella has launched in since it was founded in February 2019. The expansion into the Pakistani market is a strategic move by the Egypt-based startup, with both countries adopting a similar market structure, showcasing high growth potential for the startup. Trella expansion to the Pakistan market successfully complets its third launch into the MENAP region. The expansion into Pakistan aligns with the startup’s broader strategy to further expand…

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54Gene Launches Africa’s First Private Lab for Human Genome Sequencing

NIGERIA – 54Gene, a health tech startup, has announced the completion of a lab capable of carrying out whole genome sequencing of humans. Abasi Ene-Obong, the startup’s CEO, said the lab is powered by Novaseq 6000, a best-in-class sequencing technology solution produced by American biotech company Illumina. Located in Nigeria, this lab is the product of a partnership between Illumina and 54Gene announced in the first week of September. The African genome is believed to be the oldest human genome. As such, Africa has more genetic diversity than any other…

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Seedstars and Shell Foundation partner to launch a new innovation programme

AFRICA – Seedstars, a global venture capital fund, and Shell Foundation, an initiative of the oil major Royal Dutch Shell, have joined forces to look for sustainable, scalable and innovative startups addressing universal access to energy-related challenges, as well as sustainable agriculture, mobility and transportation. With support from the UK Foreign, Commonwealth & Development Office (FCDO), they are launching the Energy, Mobility and Agriculture Innovation Program to find African tech entrepreneurs in the mobility, transportation, energy, and agriculture space in order to provide them with the resources, training, and potential…

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Egyptian government to launch mobile application for e-waste collection

EGYPT – The Egyptian government plans to launch a mobile application to facilitate the collection of e-waste in the country that will enable Egyptians to exchange their old devices for discount vouchers on the purchase of new equipment. The mobile application will enable people to exchange their electronic waste for discount vouchers for the purchase of new devices. Tarek al-Araby, the director of the medical and electronic waste project at the Egyptian Ministry of Environment also said the government is providing for the collection of public sector waste. With a…

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CcHUB launches investment vehicle for empowering investment groups or firms

NIGERIA – Co-creation Hub (CcHUB), the leading technology innovation centre in Africa has launched the CcHUB Syndicate, an investment vehicle empowering investment groups or firms and High Net Worth Individuals (HNWI) all over the world to co-invest (for as little as US$5000) alongside the hub in the most innovative companies across Sub-Saharan Africa. The Syndicate by CcHUB aims to accelerate the growth of early-stage ventures delivering value accretive services and products to the African market at scale; with the goal to increase the number of disruptive and innovative companies with…

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French IPP launches 50MW solar photovoltaic power plant in Mali

MALI – Akuo, a French independent power producer (IPP), has commissioned a 50 Mega Watts (MW) solar photovoltaic power plant in Kita, about 180 km west of Bamako, in the Kayes region of Mali, one of the largest photovoltaic installations in West Africa. This project was implemented in partnership with Pash Global, an investor active in the renewable energy sector. The West African Development Bank, the National Bank for Agricultural Development, the Dutch Development Finance Co., and the Emerging Africa Infrastructure Fund provided funding. “We are delighted to have co-invested…

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