Rystad Energy, Afreximbank To Drive Invest In African Energy In London Alongside African Energy Chamber (AEC)
The African Energy Chamber has partnered with Rystad Energy and the African Export-Import Bank for the Invest in African Energy event in London to drive European investment across Africa’s energy sector The African Energy Chamber (AEC) (EnergyChamber.org) – the voice of the African energy sector – is proud to announce that multinational energy market research […]
Social Nation Africa, Mansa Musik Group Partner All-Africa Music Awards (AFRIMA) For 8th Edition In Senegal
As all hands continue to mount the deck to stimulate Africa’s creative economy, foremost industry players Social Nation Africa, alongside their sister organisation Mansa Musik Group has struck a strategic partnership with the the All-Africa Music Awards (AFRIMA) (www.AFRIMA.org) ahead of its much anticipated 8th Edition aka ‘Teranga Edition’ scheduled to hold in Dakar, Senegal […]
A Connected Customer Experience Is Key To Establishing A Thriving Experience Economy In Uganda
By Nemanja Kostic, Account Executive at Infobip Uganda The term “experience economy” refers to how people are spending their money on experiences rather than commodities, driven by the notion that events are more memorable and play a bigger part in how we view ourselves and the world than our possessions do. The shift to an […]
Zambia Starts Rationing Electricity Supply to Mining Firms
The decision follows reduced power generation after a big drop in water levels in Lake Kariba, the chair of state-owned power utility Zesco said on Tuesday. Water levels in the lake were down at 1.66% of usable storage on Monday for the Kariba North Bank Power Station in Zambia and the Kariba South Bank Power […]
A Devalued Egyptian Pound, What’s at Stake?
The year 2023 began with production cuts and job losses for the Egyptian market as businesses reduced output and cut down on employment due to poor sales caused by high inflation rates. The recent Egyptian Purchasing Managers’ Index (PMI), compiled by S&P Global Market Intelligence, revealed that output and new business fall at sharp but […]
Building a Facility for the Launching of Satellites and Rockets in the Eastern Region of Africa
Djibouti just inked a partnership with Hong Kong Aerospace Technology Group for the construction of a spaceport in the country. The project which is estimated to cost around $1 billion will also involve the construction of a port and highway in the northern Obock Region. The signing of the deal was presided over by the […]
Guaranty Trust Bank Fails to Put in Place Proper Anti-money-laundering Systems Again
Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank $9.3m for what it says are further failures in its anti-money-laundering systems and controls. “These weaknesses were repeatedly highlighted to GT Bank by internal and external sources, including the FCA, but despite this, GT Bank failed to take appropriate action to fix […]
A New Chapter for Lagos’ Transport Network
The first phase of a light rail system that is set to transform commuting in Nigeria’s economic capital, has been commissioned. It traverses five stations covering a distance of 13 km and has the capacity to move 250,000 passengers daily. The state government said that it had taken delivery of three sets of wagons that […]
The Number of Mammal Species Threatened with Extinction has Increased Dramatically
One of the world’s remaining biodiversity hotspots will take millions of years to recover from extinctions, scientists predict. A new study suggests more than three million years of evolutionary history have already been lost on Madagascar. The researchers are calling for urgent conservation action to prevent another wave of extinctions. The island is known for […]
Can Zimbabwe’s Opposition Campaign without Fear?
Rights groups say a brutal attack on Zimbabwe opposition supporters was clearly intended to harass and intimidate them ahead of elections expected later this year. Amnesty International called on Zimbabwe to fully investigate a video showing ruling-party youth beating and kicking older supporters of the Citizens Coalition for Change (Triple C). The video, which has […]
