Pinterest

Further Africa

A positive African narrative

·

2,907 Pins

9w

Collection by

South Africa’s rand strengthened after the Treasury vowed to return state finances to a sustainable path and hold off expanding welfare measures in one of the world’s most unequal societies. Investing professionals cautiously welcomed the first budget presided over by Finance Minister Enoch Godongwana, though many noted that nothing significant has changed. #Currency #Economy #Finance #Rand #RandgainsasinvestorsdisplaycautiousoptimismoverSouthAfricaslatestbudget #SouthAfrica Growing Your Business, Starting A Business, The Wealth Of Nations, Consumer Price Index, Finance Degree, Best Cryptocurrency, Apps, Online Trading

Growing Your Business

Starting A Business

The Wealth Of Nations

Consumer Price Index

Best Cryptocurrency

South Africa’s rand strengthened after the Treasury vowed to return state finances to a sustainable path and hold off expanding welfare measures in one of the world’s most unequal societies. Investing professionals cautiously welcomed the first budget presided over by Finance Minister Enoch Godongwana, though many noted that nothing significant has changed. #Currency #Economy #Finance #Rand #RandgainsasinvestorsdisplaycautiousoptimismoverSouthAfricaslatestbudget #SouthAfrica

As part of the modernization of cash management, the National Bank of Angola stated earlier this year that it would invest 32.7 billion kwanzas (US$57.3 million) to create a New BNA cash Centre in Angola in the Luanda Bengo Special Economic Zone (ZEE). Following the announcement of a public procurement with a restricted call for tenders via the previous qualifying in February of this year, the contract was awarded #Angola #BancoNacionaldeAngola #BNA #LuandaBengoSpecialEconomicZone Cash Management, Vehicle Inspection, Commercial Bank, Construction Business, The Agency, Foreign Policy, The Province, Attraction

Cash Management

Vehicle Inspection

Commercial Bank

Construction Business

As part of the modernization of cash management, the National Bank of Angola stated earlier this year that it would invest 32.7 billion kwanzas (US$57.3 million) to create a New BNA cash Centre in Angola in the Luanda Bengo Special Economic Zone (ZEE). Following the announcement of a public procurement with a restricted call for tenders via the previous qualifying in February of this year, the contract was awarded #Angola #BancoNacionaldeAngola #BNA #LuandaBengoSpecialEconomicZone

Africa’s natural gas resources have the potential to accelerate socio-economic growth and eradicate energy poverty. Accordingly, many nations are seeking enhanced investment in order to maximize and monetize resources. As the continent’s premier energy event, African Energy Week (AEW) 2021, aims to build on this momentum, promoting innovative strategies to monetization, addressing challenges hindering development, #africa #AfricanEnergyWeek #EnergyMix #energysecurity #energytransition Innovation Strategy, Continents, Investing, Challenges, African, Natural, Nature, Au Natural

Innovation Strategy

Africa’s natural gas resources have the potential to accelerate socio-economic growth and eradicate energy poverty. Accordingly, many nations are seeking enhanced investment in order to maximize and monetize resources. As the continent’s premier energy event, African Energy Week (AEW) 2021, aims to build on this momentum, promoting innovative strategies to monetization, addressing challenges hindering development, #africa #AfricanEnergyWeek #EnergyMix #energysecurity #energytransition

Angola's state oil company Sonangol and the Italian ENI's gas exploration project in Mozambique were two of the winners of the awards given at the African Energy Week, taking place in Cape Town. "National oil companies (NOC) have and continue to play a fundamental role in reducing energy poverty while ensuring pro-business investment environments, energy security, and leadership within the hydrocarbons sector, #AfricanEnergyChamber #AfricanEnergyWeek #AfricanEnergyWeek2021 #Angola Oil Companies, Cape Town, Leadership, Awards, Play, Business, Store

Angola's state oil company Sonangol and the Italian ENI's gas exploration project in Mozambique were two of the winners of the awards given at the African Energy Week, taking place in Cape Town. "National oil companies (NOC) have and continue to play a fundamental role in reducing energy poverty while ensuring pro-business investment environments, energy security, and leadership within the hydrocarbons sector, #AfricanEnergyChamber #AfricanEnergyWeek #AfricanEnergyWeek2021 #Angola

World Bank's Vice President for Southern Africa, Hafez Ghanem, announced yesterday that the organisation will finance projects in Angola worth US$1.5 billion until June, following an official visit to the country. "We discussed with the Angolan Government an investment in agriculture, which creates jobs and increases food security, the development of rural areas; we debated the importance of value chains, #Angola #DevelopmentFinanceInstitution #DFI #Feature #Finance #HafezGhanem #IFC World Bank Report, Loan Money, Steven Mnuchin, Business Innovation, Global Economy, Us Presidents, The Borrowers, Restoration

World Bank Report

Business Innovation

World Bank's Vice President for Southern Africa, Hafez Ghanem, announced yesterday that the organisation will finance projects in Angola worth US$1.5 billion until June, following an official visit to the country. "We discussed with the Angolan Government an investment in agriculture, which creates jobs and increases food security, the development of rural areas; we debated the importance of value chains, #Angola #DevelopmentFinanceInstitution #DFI #Feature #Finance #HafezGhanem #IFC

Meta (Facebook's newly established parent company) announced the launch of Facebook Business Coach, an innovative and easy-to-use tool for SMB owners in South Africa, Nigeria, Kenya, and other English-speaking countries to learn more about how to expand their business online with Facebook, Instagram, and WhatsApp. The Facebook Business Coach, which is available on WhatsApp, is a free-to-use, low-cost educational #africa #AfricanSMEs #FacebookBusinessCoach #MarkZuckerberg #Meta Facebook Business, Online Business, Parent Company, Used Tools, Facebook Instagram, Kenya, Countries, Product Launch

Facebook Business

Online Business

Facebook Instagram

Meta (Facebook's newly established parent company) announced the launch of Facebook Business Coach, an innovative and easy-to-use tool for SMB owners in South Africa, Nigeria, Kenya, and other English-speaking countries to learn more about how to expand their business online with Facebook, Instagram, and WhatsApp. The Facebook Business Coach, which is available on WhatsApp, is a free-to-use, low-cost educational #africa #AfricanSMEs #FacebookBusinessCoach #MarkZuckerberg #Meta

Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups. However, with the right mix of innovation and partnerships, Africa’s established commercial banks can gain an edge in the continent’s digital finance revolution. The latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is #africa #africanbankingsector #Africanfintech #africanfintechs Financial Inclusion, Horn Of Africa, Digital Wallet, One Dollar, Africans, Digital Technology, First Time

Financial Inclusion

Digital Technology

Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups. However, with the right mix of innovation and partnerships, Africa’s established commercial banks can gain an edge in the continent’s digital finance revolution. The latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is #africa #africanbankingsector #Africanfintech #africanfintechs

Nigeria has for years dominated the investment space in Oil and Gas in Africa. For decades it has emerged as the only country in Africa that is at the forefront of attracting the biggest players in the sector and steering forward project developments across the Value chain. With the Covid 19 pandemic bringing to a halt many business opportunities and frozen investment in most parts of the world, Nigeria was largely #Energy #energyinvestment #Infrastructure #Investing #Nigeria Global Population Growth, Merchant Bank, Bridge Loan, Federal Tax, Bank Of America, What The World, Economic Development, Investors

Global Population Growth

Bank Of America

Economic Development

Nigeria has for years dominated the investment space in Oil and Gas in Africa. For decades it has emerged as the only country in Africa that is at the forefront of attracting the biggest players in the sector and steering forward project developments across the Value chain. With the Covid 19 pandemic bringing to a halt many business opportunities and frozen investment in most parts of the world, Nigeria was largely #Energy #energyinvestment #Infrastructure #Investing #Nigeria

The Community of the Portuguese-Speaking Countries (CPLP) pledged to bring into operation the mobility agreement as soon as possible. The intention was expressed on Monday by its Executive Secretary, Zacarias da Costa, who is in Cabo Verde attending the Inauguration of the elected President, José Maria Neves, on Tuesday. The official told the press that under the statutes of the organisation deposit of instruments #Angola #CaboVerde #CapeVerde #CommunityofPortugueseSpeakingCountries Goa India, Macau China, Sri Lanka, Portuguese Language, Cape Verde, Cabo, Community

Portuguese Language

The Community of the Portuguese-Speaking Countries (CPLP) pledged to bring into operation the mobility agreement as soon as possible. The intention was expressed on Monday by its Executive Secretary, Zacarias da Costa, who is in Cabo Verde attending the Inauguration of the elected President, José Maria Neves, on Tuesday. The official told the press that under the statutes of the organisation deposit of instruments #Angola #CaboVerde #CapeVerde #CommunityofPortugueseSpeakingCountries

Australian graphite developer Triton Minerals has entered into a binding agreement to supply graphite concentrate from its Ancuabe project in Mozambique to China’s Yichang Xincheng Graphite (YXGC). The offtake agreement is for up to 10,000 t/yr of flake graphite concentrate from the project’s commercial pilot plant over five years at a minimum price of $1,000/t, with an option to renew for 50,000t over a further #AncuabeGraphiteProject Commercial Pilot, Mining Company, The Expanse, Graphite, In This Moment, Warehouse

Commercial Pilot

Australian graphite developer Triton Minerals has entered into a binding agreement to supply graphite concentrate from its Ancuabe project in Mozambique to China’s Yichang Xincheng Graphite (YXGC). The offtake agreement is for up to 10,000 t/yr of flake graphite concentrate from the project’s commercial pilot plant over five years at a minimum price of $1,000/t, with an option to renew for 50,000t over a further #AncuabeGraphiteProject

As Africa's economy recovers from the impact of the pandemic, how are ports keeping up? Not quickly enough — according to The Star's (Kenyan Newspaper) report "Africa's Ports: Rapid Transformation". The report points to the fact that the existing infrastructure at many ports is insufficient for current demand. At the same time, port congestion is a critical challenge for ports across the continent. #africa #AfricaeconomicrecoveryTheroleofdigitaltechinefficientportsandfreetrade Sustainable Development, Software Development, Gross Domestic Product, Financial Analysis, Pipe Dream

Sustainable Development

Software Development

Gross Domestic Product

Financial Analysis

As Africa's economy recovers from the impact of the pandemic, how are ports keeping up? Not quickly enough — according to The Star's (Kenyan Newspaper) report "Africa's Ports: Rapid Transformation". The report points to the fact that the existing infrastructure at many ports is insufficient for current demand. At the same time, port congestion is a critical challenge for ports across the continent. #africa #AfricaeconomicrecoveryTheroleofdigitaltechinefficientportsandfreetrade

UAE's DP World announced yesterday the launch of its global wholesale e-commerce platform DUBUY.com in Kenya. This latest expansion of DUBUY.com follows its successful launch in Rwanda earlier this year, where the platform has become a major gateway for trade in the East Africa region. DUBUY.com is an innovative online marketplace that will help unlock access to global markets for Kenyan businesses, with fulfilment #DPWorld #DPWorldlauncheseCommerceplatformDUBUYcominKenya #DuBuycom Enterprise Development, African Market, Chief Operating Officer, Online Marketplace, East Africa, Supply Chain

Enterprise Development

Chief Operating Officer

Online Marketplace

UAE's DP World announced yesterday the launch of its global wholesale e-commerce platform DUBUY.com in Kenya. This latest expansion of DUBUY.com follows its successful launch in Rwanda earlier this year, where the platform has become a major gateway for trade in the East Africa region. DUBUY.com is an innovative online marketplace that will help unlock access to global markets for Kenyan businesses, with fulfilment #DPWorld #DPWorldlauncheseCommerceplatformDUBUYcominKenya #DuBuycom

Mergers and acquisitions worth US$52B were completed in South Africa during the first half of 2021, with the value of deals growing by 958% from 2020 with the tech sector in the lead according to Refinitiv Data that provides financial markets and infrastructure data1. According to Digest Africa, the value of mergers and acquisitions in the Africantech ecosystem in 2018 was US$504M with 24 out of the 39 deals taking #Africanstartups #EricOsiakwan #Feature #Finance #SouthAfrica Make More Money, Make Money From Home, Living Below Your Means, Digital Certificate, Initial Public Offering, Online Publications, King And Country, August 20

Make More Money

Make Money From Home

Living Below Your Means

Digital Certificate

Initial Public Offering

Online Publications

King And Country

Mergers and acquisitions worth US$52B were completed in South Africa during the first half of 2021, with the value of deals growing by 958% from 2020 with the tech sector in the lead according to Refinitiv Data that provides financial markets and infrastructure data1. According to Digest Africa, the value of mergers and acquisitions in the Africantech ecosystem in 2018 was US$504M with 24 out of the 39 deals taking #Africanstartups #EricOsiakwan #Feature #Finance #SouthAfrica

Authorities in Democratic Republic of Congo have seized $3.5 million worth of ivory, rhinoceros horn and pangolin scales in a joint operation with United States officials, the U.S. embassy in Kinshasa said on Monday. Two wildlife traffickers were also arrested in the United States on Nov. 4, following a more than two-year investigation between the two countries and global police agency Interpol. #animalconservation #DemocraticRepublicoftheCongo #DRCongo #DRCongoseizesUS$35Mofivory #DRC Wildlife Park, Wildlife Conservation, Shona Language, Rhino Poaching, Kruger National Park, Raise Funds, Endangered Species

Wildlife Conservation

Kruger National Park

Endangered Species

Authorities in Democratic Republic of Congo have seized $3.5 million worth of ivory, rhinoceros horn and pangolin scales in a joint operation with United States officials, the U.S. embassy in Kinshasa said on Monday. Two wildlife traffickers were also arrested in the United States on Nov. 4, following a more than two-year investigation between the two countries and global police agency Interpol. #animalconservation #DemocraticRepublicoftheCongo #DRCongo #DRCongoseizesUS$35Mofivory #DRC

Sweden has once again signalled its strong commitment to help some of the world’s poorest small-scale farmers to adapt to climate change, by pledging SEK100 million (nearly US$11.7 million) to the UN’s International Fund for Agricultural Development (IFAD). The announcement was made at the UN climate change conference (COP26) in Glasgow. The commitment, made through Sweden’s Ministry of Foreign Affairs, will direct #africa #ASAP+ #climate #climatechange #COP26 #IFAD Un Climate Change Conference, Agricultural Development, Glasgow, Farmers, Ministry, Sweden, Announcement, Scale

Un Climate Change Conference

Agricultural Development

Sweden has once again signalled its strong commitment to help some of the world’s poorest small-scale farmers to adapt to climate change, by pledging SEK100 million (nearly US$11.7 million) to the UN’s International Fund for Agricultural Development (IFAD). The announcement was made at the UN climate change conference (COP26) in Glasgow. The commitment, made through Sweden’s Ministry of Foreign Affairs, will direct #africa #ASAP+ #climate #climatechange #COP26 #IFAD

Kenya's Equity Group Holdings said on Monday it had launched a 500 billion shilling ($4.48 billion) loan programme to help small and medium-sized businesses to recover from the effects of the COVID-19 pandemic. The bank posted an 85% rise in nine-month pretax profit, sending its stock up more than 4% to 52.00 shillings per share at 0739 GMT. In March, James Mwangi, its chief executive officer, said Equity would #Banking #businessrecovery #Covid19 #EquityGroup #EquityGroupHoldings Debt

Kenya's Equity Group Holdings said on Monday it had launched a 500 billion shilling ($4.48 billion) loan programme to help small and medium-sized businesses to recover from the effects of the COVID-19 pandemic. The bank posted an 85% rise in nine-month pretax profit, sending its stock up more than 4% to 52.00 shillings per share at 0739 GMT. In March, James Mwangi, its chief executive officer, said Equity would #Banking #businessrecovery #Covid19 #EquityGroup #EquityGroupHoldings

The Mozambican finance minister, Adriano Maleiane, ruled out the possibility of having to restructure public debt due to the delays in natural gas exploration in Cabo Delgado, saying that "there are no reasons to anticipate this scenario". Speaking to Bloomberg, Minister Maleiane argued that "the macroeconomic assumptions that supported the renegotiations of debt securities with the creditors' committee remain #debt #debtrestructuring #Feature #Finance #FinanceMinisterAdrianoMaleiane Divas, Public, Positivity, Personal Care, Encouragement, Self Care

The Mozambican finance minister, Adriano Maleiane, ruled out the possibility of having to restructure public debt due to the delays in natural gas exploration in Cabo Delgado, saying that "there are no reasons to anticipate this scenario". Speaking to Bloomberg, Minister Maleiane argued that "the macroeconomic assumptions that supported the renegotiations of debt securities with the creditors' committee remain #debt #debtrestructuring #Feature #Finance #FinanceMinisterAdrianoMaleiane

A new US$143 million investment programme will ensure millions of the most at-risk rural people living in the Sahel region of West Africa can adapt to climate change, with a wide-reaching plan to restore degraded land and provide climate information systems and agricultural insurance. The announcement was made at the UN climate change conference (COP26) during a signing ceremony of the grant agreement between the #africa #climate #climatechange #desertification #environment #GCF #GGW New Uses, West Africa, Restore, Environment, How To Plan, People

A new US$143 million investment programme will ensure millions of the most at-risk rural people living in the Sahel region of West Africa can adapt to climate change, with a wide-reaching plan to restore degraded land and provide climate information systems and agricultural insurance. The announcement was made at the UN climate change conference (COP26) during a signing ceremony of the grant agreement between the #africa #climate #climatechange #desertification #environment #GCF #GGW

The highly anticipated Africa Oil Week (AOW) 2021 that kicked off today at Madinat Jumeirah in UAE recorded a quite impressive response on its inaugural day with participation from over 1500 attendees from around the world. This event, which is expected to come to an end on 11th November brought together more than 30 heads of government departments from the African continent and the Middle East and high-level #africa #AfricaOilWeek High Level, Uae, Middle East, No Response, Kicks, November, Around The Worlds, Bring It On

Around The Worlds

The highly anticipated Africa Oil Week (AOW) 2021 that kicked off today at Madinat Jumeirah in UAE recorded a quite impressive response on its inaugural day with participation from over 1500 attendees from around the world. This event, which is expected to come to an end on 11th November brought together more than 30 heads of government departments from the African continent and the Middle East and high-level #africa #AfricaOilWeek