African markets and business updates
Latest headlines from African markets, companies, and business sources.
Ghana plans to ban exports of unprocessed minerals by 2030
Ghana plans to ban exports of unprocessed minerals by 2030
Ghana is planning to ban the export of unprocessed minerals by 2030 as part of efforts to strengthen domestic processing, increase revenue from its natural resources and accelerate industrialisation.
Nedbank Completes NCBA Acquisition, Extends African Reach to 12 Countries
Nedbank Completes NCBA Acquisition, Extends African Reach to 12 Countries
Nedbank has completed its acquisition of a 66% stake in Kenya’s NCBA Group. The deal gives the South African lender access to six additional African markets. NCBA will retain its brand, local management and Nairobi stock exchange listing. South Africa’s Nedbank ...
Chemical Engineers seek private control of moribund refineries
Chemical Engineers seek private control of moribund refineries
By Providence Ayanfeoluwa The Nigerian Society of Chemical Engineers (NSChE) has called on the Federal Government to adopt a transparent, competitive and time-bound privatisation process for Nigeria’s moribund state-owned refineries, with majority private ownership and professional management. The society’s National President, Engr.…
Maersk and Hapag-Lloyd reshape Asia–Europe network: Which ports gain or lose?
Maersk and Hapag-Lloyd reshape Asia–Europe network: Which ports gain or lose?
Maersk and Hapag-Lloyd are preparing a significant reshuffle of the Gemini network, with changes to Asia–Europe services that will alter direct port connections across Northern Europe, the Mediterranean and the Middle East. Maersk and Hapag-Lloyd are preparing a significant reshuffle of the Gemini network , with changes to Asia–Europe services that will alter direct port connections across Northern Europe, the Mediterranean and the Middle East. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register
How a blockchain marketplace is unlocking clean gas production in Kenya
How a blockchain marketplace is unlocking clean gas production in Kenya
African technologists and entrepreneurs are applying blockchain in innovative ways, creating a new financial infrastructure for the continent with wide-ranging benefits, including for the humanitarian sector. Through its Blockchain Ventures investment programme, supported by the Ethereum Foundation and GSR Foundation, UNICEF Office of Innovation provides funding and technical assistance to emerging market startups building innovative [...]
How a blockchain marketplace is unlocking clean gas production in Kenya
How a blockchain marketplace is unlocking clean gas production in Kenya
African technologists and entrepreneurs are applying blockchain in innovative ways, creating a new financial infrastructure for the continent with wide-ranging benefits, including for the humanitarian sector. Through its Blockchain Ventures investment programme, supported by the Ethereum Foundation and GSR Foundation, UNICEF Office of Innovation provides funding and technical assistance to emerging market startups building innovative [...] African technologists and entrepreneurs are applying blockchain in innovative ways, creating a new financial infrastructure for the continent with wide-ranging benefits, including for the humanitarian sector.…
SA’s Injini launches EdTech for Employment incubation programme
SA’s Injini launches EdTech for Employment incubation programme
South African ed-tech incubator Injini has launched a new two-year programme that will support 10 early-stage South African edtech startups building solutions that create or support employment pathways for young people. Founded in 2017, Injini, which is a member of the UVU Africa Group, is a registered non-profit company that exists for the sole purpose [...]
SA’s Injini launches EdTech for Employment incubation programme
SA’s Injini launches EdTech for Employment incubation programme
South African ed-tech incubator Injini has launched a new two-year programme that will support 10 early-stage South African edtech startups building solutions that create or support employment pathways for young people. Founded in 2017, Injini, which is a member of the UVU Africa Group, is a registered non-profit company that exists for the sole purpose [...] South African ed-tech incubator Injini has launched a new two-year programme that will support 10 early-stage South African edtech startups building solutions that create or support employment pathways for young people.…
FLS enhances KREBS pumps for modern mining needs
FLS enhances KREBS pumps for modern mining needs
Mining companies are placing greater demands on pump systems than ever before as process plants increase throughput, operations become more complex and tailings storage facilities are located further from processing plants. According to Nico Erasmus, FLS’s Vice President and Head of Pumps, Cyclones and Valves (PCV) in Africa, these changing operating conditions are driving continuous …
South Africa and Namibia Top Africa’s Insurance Penetration Rankings, AIO Report Shows
South Africa and Namibia Top Africa’s Insurance Penetration Rankings, AIO Report Shows
South Africa leads Africa in insurance penetration at 11.5%, followed by Namibia at 7.4%. South Africa accounts for more than 75% of Africa’s life insurance premiums. African reinsurers remain profitable but lack sufficient capacity to cover many large industrial and energy risks.