Tag Archives: Africa

Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

Swedfund Boosts Financial Inclusion in Côte D’Ivoire with $5 Million Investment in Bridge Bank Microfinance

(IN BRIEF) Swedfund has announced a significant investment of USD 5 million in Teyliom Finance’s subsidiary, Bridge Bank Microfinance, as part of its mission to enhance financial empowerment for micro, small, and medium-sized enterprises (MSMEs) in Côte D’Ivoire. This investment, … Read the full press release

MEA Logistics Boost: DHL Global Forwarding Integrates Danzas AEI Emirates Operations

(IN BRIEF) DHL Global Forwarding has successfully completed the acquisition of shares in Danzas AEI Emirates, rebranding all facilities under the DHL name. This integration not only changes the logo and name but also strengthens operational capabilities by incorporating 1,100 … Read the full press release

EIB Global Invests $30 Million in Seedstars Africa Ventures to Boost Innovation and Job Creation in Africa

(IN BRIEF) EIB Global has announced a $30 million equity investment in the Seedstars Africa Ventures I venture capital fund to support innovative entrepreneurs in Africa. This investment aims to provide improved access to risk capital for startups and innovative … Read the full press release

Ericsson and MTN Strengthen Partnership to Expand Mobile Financial Services Across Africa

(IN BRIEF) Ericsson and MTN Group have deepened their collaboration to advance mobile financial services and promote financial inclusion across Africa. This partnership will leverage MTN’s Mobile Money (MoMo) service on the Ericsson Wallet Platform to provide a wide range … Read the full press release

EIB Provides €10 Million Loan to Boost Access to Finance for Women Entrepreneurs in Mozambique

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement to support women entrepreneurs in Mozambique. This financing will facilitate a new €20 million facility by Moza Banco, focusing on small and medium-sized businesses (SMEs) in … Read the full press release

BioNTech Inaugurates mRNA Vaccine Manufacturing Site in Rwanda, Aims to Boost Vaccine Equity in Africa

(IN BRIEF) BioNTech has achieved a significant milestone in expanding mRNA vaccine manufacturing in Africa with the inauguration of its Kigali site, which includes the first manufacturing unit known as BioNTainer. This move is part of BioNTech’s broader efforts to … Read the full press release

African Pharmaceutical Technology Foundation Takes Major Strides Toward Building a Self-Reliant African Pharmaceutical Industry

(IN BRIEF) In a significant development for Africa’s pharmaceutical sector, the African Pharmaceutical Technology Foundation and the Rwandan Government have signed a host country agreement, paving the way for the Foundation’s operationalization. The Foundation has also forged a memorandum of … Read the full press release

Global Green Bond Initiative and African Development Bank Partner to Foster Green Bond Markets in Africa

(IN BRIEF) A coalition of development finance institutions and multilateral organizations forming the Global Green Bond Initiative (GGBI) has established a strategic partnership with the African Development Bank to collaborate on technical assistance aimed at promoting green bond markets in … Read the full press release

Orange Launches ‘Max it’ Super-App in Africa, Bringing Telecom, Financial, and E-commerce Services to Millions

(IN BRIEF) Orange, a telecommunications company, is introducing its “Max it” super-app in Africa, combining telecommunications, financial services, and e-commerce to serve the daily needs of users. Initially launching in five African countries, Max it simplifies the digital experience by … Read the full press release

EU Pledges €500 Million for Global Health and €134 Million for Local Manufacturing in Africa

(IN BRIEF) During the Global Gateway Forum, the EU committed €500 million to global health in collaboration with the European Investment Bank (EIB) and the Bill & Melinda Gates Foundation. This funding will strengthen healthcare capacities, improve pharmaceutical supply chains, … Read the full press release

Societe Generale Appoints François Bloch as Head of International Retail Banking for Africa, Mediterranean Basin & Overseas

(IN BRIEF) Societe Generale has announced the appointment of François Bloch as the new Head of International Retail Banking for the Africa, Mediterranean Basin, and Overseas region, effective from November 1, 2023. François Bloch, who has been with the Group … Read the full press release

EIB Commits €500 Million in Landmark Investment to Eradicate Polio Globally

(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release

Hydrogen Revolution: Saudi Arabia Debuts Alstom’s Eco-Friendly Passenger Train in Riyadh

(IN BRIEF) In a groundbreaking initiative, Saudi Arabia Railways (SAR) and global mobility leader Alstom are set to operate and demonstrate the world’s first passenger hydrogen-powered train, the Coradia iLint, in Riyadh during October. This pioneering event marks the introduction … Read the full press release

Ericsson Launches Gen-E Graduate Program in Middle East and Africa to Nurture ICT Talent

(IN BRIEF) Ericsson has introduced the Gen-E Graduate Program in the Middle East and Africa region, aimed at offering young talents an opportunity for world-class learning and career development. This program is designed to provide structured development in collaboration with … Read the full press release

Ericsson’s Graduate Program Welcomes Fresh Cohort in Nigeria, Aiming to Drive Innovation and Digital Transformation in Africa

(IN BRIEF) Ericsson has introduced a new group of graduates in Nigeria as part of its ongoing Graduate Program in Africa. This program offers opportunities for graduates to explore roles in various fields including Engineering, Information Technology, Artificial Intelligence, and … Read the full press release

Italy and Tunisia Move Closer to Europe-Africa Electricity Connection with €307 Million Loan Agreement

(IN BRIEF) Terna, the Italian electricity grid operator, and Steg, the Tunisian electricity and gas operator, have signed a Grant Agreement with the European Commission for a €307 million loan to support the “Elmed” project. This initiative aims to establish … Read the full press release

Acre Impact Capital’s Export Finance Fund Receives $40 Million Backing from EIB for Climate Investment in Africa

(IN BRIEF) The European Investment Bank (EIB) has committed up to $40 million to Acre Impact Capital’s Export Finance Fund I, which aims to accelerate climate infrastructure investment in Africa. The fund focuses on investing in the commercial debt tranches … Read the full press release

EBRD hosts first event of Alliance for Entrepreneurship in Africa to support North African start-ups

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) hosted an event in Cairo to launch the Alliance for Entrepreneurship in Africa. The aim of the Alliance is to promote cooperation between policymakers and stakeholders in the African start-up … Read the full press release

Nokia to provide iSIM Secure Connect to Airtel Africa’s wider digitalization efforts

(IN BRIEF) Nokia’s iSIM Secure Connect technology has been selected by Airtel Africa, as part of its digitalization efforts to offer 5G and IoT-based on-demand services to its customers. The technology provides communication service providers and enterprises with the capability … Read the full press release

Alexandre Muratore asume el mando como director general del clúster de África Occidental de Kuehne+Nagel

(NOTICIA EN BREVE) Kuehne+Nagel, un proveedor global de logística, ha nombrado a Alexandre Muratore como Director General de su clúster de África Occidental recientemente establecido, que comprende 12 países. Alexandre tendrá su base en Abidjan, Costa de Marfil, y trabajará … Read the full press release

Alexandre Muratore Takes the Helm as Managing Director of Kuehne+Nagel West Africa Cluster

(IN BRIEF) Kuehne+Nagel, a global logistics provider, has appointed Alexandre Muratore as Managing Director of its newly established West Africa Cluster, comprising 12 countries. Alexandre will be based in Abidjan, Ivory Coast, and will work with local teams to develop … Read the full press release

Kuehne+Nagel now present in 18 African countries; opens new control tower in Durban

Full-service logistics provider to Africa Expansion reflects Africa’s growing importance in world trade Regional control tower serves as a single point of contact to an integrated network across the continent (PRESS RELEASE) DUBAI, UAE, 5-Jan-2022 — /EuropaWire/ — Kuehne+Nagel (SWX: … Read the full press release

The 8th ŠKODA student car named AFRIQ reflecting the legendary Dakar Rally in Africa and ŠKODA AUTO’s responsibility for all Volkswagen Group activities in North Africa

Name commemorates the legendary Dakar Rally and highlights ŠKODA AUTO’s responsibility for all Volkswagen Group activities in North Africa 25 Vocational School students team up with ŠKODA Motorsport to develop rally version of ŠKODA KAMIQ ŠKODA AFRIQ is 4.36 metres … Read the full press release

Orange and Liquid Intelligent Technologies to offer end-to-end high-speed connectivity and services across Africa

(PRESS RELEASE) PARIS, 28-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced a new partnership with Liquid Intelligent Technologies, a pan-African technology group active in more than 20 countries across the continent, aimed at … Read the full press release

New whitepaper on Africa’s electricity landscape released at the 2021 Sustainable Development Impact Summit: Decarbonization, Decentralization, Digitalization

Africa’s developing nations need investment in renewable energy solutions to fight climate change But, emissions reduction strategies must be balanced with vital needs for economic growth and stability Many cases will require financing for low carbon energy solutions and transition … Read the full press release

Vodacom’s e-health policy paper: exponential rise in the number of people across Africa relying on Internet for health information

New study shows huge opportunity in digital health with 41% of internet users in Africa regularly using their mobile phones to search for health information (PRESS RELEASE) BERKSHIRE, 24-Aug-2021 — /EuropaWire/ — Vodacom Group Limited (JSE: VOD), a South African … Read the full press release

Genetic diversity: GSK and Novartis launch Project Africa GRADIENT to optimise treatment responses for malaria and tuberculosis in Africa

Project Africa GRADIENT calls on local researchers to submit proposals exploring the link between genetic diversity and response to malaria and tuberculosis drugs in African patients. Combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years. Researchers … Read the full press release

LafargeHolcim adds new production facilities in Africa for its sustainable and affordable housing solution, Durabric

(PRESS RELEASE) JONA, Switzerland, 27-Nov-2019 — /EuropaWire/ — LafargeHolcim adds more production capacity for its Durabric soil-stabilized bricks with new a plant located in Malawi. As part of 14Trees, its joint venture with CDC Group, the new plant will industrialize … Read the full press release

Bertelsmann: Digitalization and purchasing power are on a steady increase in many African countries; we are taking part in Partech Africa fund

Strategic expansion of growth activities in Africa Participation in Partech Africa fund with focus on tech sector Fund aims for investment volume of around €100 million (PRESS RELEASE) GÜTERSLOH, 24-Jan-2019 — /EuropaWire/ — Bertelsmann continues to expand its activities in Africa. … Read the full press release

CNH Industrial: First-ever natural-gas vehicles in Africa, produced by IVECO BUS welcomed with great enthusiasm by Abidjan’s population

The Ivory Coast’s Prime Minister, Amadou Gon Coulibaly, and the Transport Minister, Amadou Koné, officially handed the keys of the first Euro VI gas rapid transit Crealis buses to the CEO of the Abidjan Transport Company (SOTRA), Meité Bouaké. The … Read the full press release

Five new programmes worth over EUR 141 million under the EU Emergency Trust Fund for the Sahel and Lake Chad region in Africa

BRUSSELS, 20-Nov-2018 — /EuropaWire/ — The European Commission has adopted five new programmes worth over €141 million under the EU Emergency Trust Fund for Africa. Commissioner for International Cooperation and Development Neven Mimica said: “Our new EU programmes, worth €141 million, are particularly focusing … Read the full press release

Siemens signs new agreements with African partners on power supply, industrialization, mobility and vocational training in Togo, Egypt and Rwanda

Highly efficient gas-fired combined cycle plant project in Lomé, Togo Siemens collaborates with the Government of the Arab Republic of Egypt on industrialization, education and training Siemens, Volkswagen (VW) and the German Development Agency for International Cooperation (GIZ) collaborating on … Read the full press release

Eni and UNDP partner to improve access to sustainable energy and help achieve the Sustainable Development Goals in Africa

NEW YORK, NY, USA, 25-Sep-2018 — /EuropaWire/ — Energy major Eni SpA and the United Nations Development Programme (UNDP) are joining forces to improve access to sustainable energy and help achieve the Sustainable Development Goals (SDGs) in Africa.  The partnership is … Read the full press release

Teenagers from Germany, India, Africa and the U.S. awarded scholarships from Bayer Science & Education Foundation

International exchange: Pupils from Germany, India, Africa and the U.S. taking part in two-week, hands-on seminar focusing on life science, medical health and food science topics / Bayer partnering with renowned Center for STEM Learning at University of Colorado in … Read the full press release

Avebe to showcase innovations based on potato starch and potato protein at the African Food Manufacturing in Cairo, Egypt

Veendam, The Netherlands, 03-Apr-2018 — /EuropaWire/ — Avebe is taking part in the African Food Manufacturing which takes place from 21-23 April in Cairo, Egypt. We will showcase our latest innovations based on potato starch and potato protein for the African … Read the full press release

Solidaridad adopts an inclusive approach across all interventions to support female farmers in West Africa

Utrecht, Netherlands, 13-Mar-2018 — /EuropaWire/ — Most female farmers don’t grow cash crops. Instead, they focus on food crops to meet the needs of their families. The reason many women are not able to expand their farming activities is due … Read the full press release

Africa: Research finds that grazing livestock with wildlife may benefit farmers by reducing parasitic disease

BRISTOL, 30-Jan-2018 — /EuropaWire/ — Farming at the border of National Parks in Africa can lead to conflict with wildlife, due to the belief that wild animals bring disease, prey upon livestock, and damage crops. In an unexpected twist, research conducted … Read the full press release

Green Climate Fund to make initial USD 78.4m investment in Deutsche Asset Management’s fund for renewable energy access in Africa

FRANKFURT AM MAIN, 21-Oct-2016 — /EuropaWire/ — Deutsche Bank welcomes the Green Climate Fund’s (GCF) decision to make an initial 78.4 million US dollars investment in Deutsche Asset Management’s fund for renewable energy access in Africa. Deutsche Bank further appreciates GCF’s … Read the full press release