APO - Africa Newsroom

Source: Sage |

Sage Foundation launches $1 million Enterprise Fund to inspire innovation and change in Africa

The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women and girls

Sage (www.Sage.com/za), the market and technology leader for integrated accounting, payroll & HR, and payment systems, has today launched Sage Foundation’s Enterprise Fund (https://www.Sage.com/company/sage_foundation). The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women…

Source: Ministry of Foreign Affairs of the Republic of Seychelles |

Seychelles values its partnership with IFAD

Seychelles was represented by Ambassador Bernard Shamlaye, the Seychelles Governor for IFAD and its Permanent Representative, and Mr Michael Nalletamby, Principal Secretary – Fisheries and Agriculture

The International Fund for Agricultural Development (IFAD) organised the 40th session of its Governing Council at its headquarters in Rome, Italy, on 14th and 15th February. Seychelles was represented by Ambassador Bernard Shamlaye, the Seychelles Governor for IFAD and its Permanent Representative, and Mr Michael Nalletamby, Principal Secretary – Fisheries…

EnergyNet Ltd.
Source: EnergyNet Ltd. |

Energy Ministers from Uganda, Liberia and Democratic Republic of Congo to address investors at the 3rd Powering Africa: Summit

26 countries will be represented at the Summit to date, including 16 African countries

H.E. Patrick Sendolo, Minister for Energy, Land and Mines, Liberia, H.E. Hon Irene Muloni, Minister of Energy and Mineral Development, Uganda and H.E. Hon Pierre Anatole Matusila, Minister of Energy and Water Resources, Democratic Republic of Congo are the latest speakers to confirm attendance at the 3rd Powering Africa: Summit…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

Activity in African capital markets shows significant decline in 2016 amidst economic uncertainty and global political upheaval: PwC report

On a sector basis, the financial services sector continued to dominate the African IPO market during 2016 with 45% of total value and 55% of total volume, followed by consumer goods and industrials with a total value of 31% and 13% respectively

2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections cycle and the Brexit vote. African equity capital markets (ECM) broke a streak of three successive years of growth, recording…

Source: Federal Ministry of Industry, Trade & Investment, Nigeria |

U.S. Chamber of Commerce Hosts Nigerian Trade Minister as Both Agree to Work Together

Minister Meets with Trade Officials, State Department

The U.S. Chamber of Commerce’s U.S.-Africa Business Center Tuesday hosted the Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu Enelamah (www.FMITI.gov.ng) for a roundtable discussion with U.S. business executives at their office in Washington, D.C. The conversation focused on enhancing trade and investment relationship between both countries. This comes…

Arise
Source: Arise |

Maiden investment into CAL Bank in Ghana by Arise set to advance economic growth

Arise, a collaborative partnership between international companies, Norfund, FMO and Rabobank take and manage minority stakes in Sub-Saharan African Financial Service Providers (FSPs)

The recent acquisition of a 27.7 % stake in CAL Bank in Ghana by newly formed investment company, Arise (www.AriseInvest.com) is set to boost the banking sector in the country. The shareholding in CAL Bank was acquired by Arise from DPI, a leading Africa-focused private equity firm with assets in…

Source: United Nations Economic Commission for Africa (UNECA) |

Linkages, investment and diversification in African mining: Ghana under the spotlight

One of the possible outcomes from the Ghana study is the potential for a national suppliers’ development programme, in partnership with the mining industry, local suppliers, and government

Mining Indaba delegates were offered a sneak preview of some ground-breaking work in Ghana, designed to unpack new approaches to linkages, investment and diversification in the country’s minerals sector during the Linkages Panel Session on 8 February 2017. The Mining Indaba Special Information Session on 8 February 2016 shared findings…

Source: British Embassy Cairo |

The UK is committed to investing in Egypt

One of the UK’s biggest trade delegation to date visits Egypt to reinforce its position as number one investor

UK Prime Minister’s Trade Envoy Rt Hon Sir Jeffrey Donaldson MP and over 40 delegates from British companies arrived to Egypt to visit Cairo and Alexandria to assess new trade and investment opportunities and identify potential Egyptian partners. UK Trade Envoy Sir Jeffrey Donaldson said: This is the first time…

West African International Petroleum Exhibition and Conference (WAIPEC)
Source: West African International Petroleum Exhibition and Conference (WAIPEC) |

TOTAL, Schlumberger, SNEPCo, First E & P, SEPLAT, NCDMB and NAPIMS Confirm Speakers for WAIPEC 2017 as Programme Continues to Build

Industry leaders and expert speakers have been drawn from key stakeholders involved in the oil and gas industry in Nigeria to lead discussions and provide invaluable insight at WAIPEC 2017

The Petroleum Technology Association of Nigeria (PETAN) (www.PETAN.org) has announced the first set of speakers to feature on the programme at the West African International Petroleum Exhibition and Conference 2017 (WAIPEC) (www.WAIPEC.com), a three day major platform for the oil and gas industry, taking place later this month (21-23rd February)…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Riskmap 2017: A Year of Acute Uncertainty for Business

The high levels of complexity and uncertainty attached to the key political and security issues for the year, highlighted by RiskMap, mean that boards will need to undertake comprehensive reviews of their approaches to risk management

Challenge to globalisation and free trade highlighted by US election and Brexit referendum ushers in a year of heightened strategic uncertainty for business The distinction for businesses between domestic markets perceived as safe and foreign markets perceived as challenging has become marginal as risks increasingly come home through political, cyber…