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Netflix commits $1 million towards scholarships in Africa
The scholarship fund forms part of Netflix’s global Netflix Creative Equity Fund launched in 2021 to be allocated to various initiatives over the next 5 years with the goal of developing a strong, diverse pipeline of creatives around the world.Africa50 and Power Grid Corporation of India partner to pioneer Africa's first transmission PPP project in Kenya
Africa50, the pan-African infrastructure investment platform and Power Grid Corporation of India Limited (POWERGRID) signed a Joint Development Agreement to continue to develop the Kenya Transmission Project on a public-private partnership basis.Mastercard builds on its diversity commitment by joining pledge to accelerate gender balance in the UAE private sector
As part of its ongoing commitment to advance diversity and gender balance across its own operations, the technology industry, and the wider ecosystem, Mastercard has jointly signed an official pledge to meaningfully advance gender balance in the UAE.Dangote advocates unity, cooperation among Africans to get global recognition
President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries.Kenya, Hungary sign bilateral agreements for cooperation in health, water, education and diplomacy sectors
Kenya and Hungary signed four bilateral agreements for cooperation in health, water, education and diplomacy sectors.[East Africa Business Week] Bob Koigi: What 2022 portends for East Africa
As the East African Community, EAC, member states eye innovative ways of deepening integration and trading more with each other, the bloc and individual countries are putting in place mechanisms, policies and legislation that seek to address longstanding hiccups that have put the brakes on seamless regional trade.Coca-Cola lance JAMII, sa nouvelle plateforme de développement durable en Afrique
L’Africa Operating Unit (« AOU ») de Coca-Cola et ses partenaires embouteilleurs ont annoncé le lancement de JAMII, la nouvelle plateforme de développement durable dédiée à l’Afrique.Coca-Cola launches JAMII, its new sustainability platform in Africa
Coca-Cola Africa Operating Unit (“AOU”) and its bottling partners announced the launch of JAMII, the new Africa-focused sustainability platform.[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.Quantum extends video surveillance offerings across the Middle East and Africa with Mobius
Quantum has signed its agreement with value-added distributor (VAD) Mobius to deliver the industry’s broadest security and video surveillance infrastructure portfolio available from any single vendor, across the Middle East and Africa regions (MEA).EAC partner states working towards adopting the EACPass to minimize cross-border trade impasse
This happens in the background of an ongoing trade impasse at the Kenya-Uganda border points of Busia and Malaba that has disrupted cross-border trade. The two borders on the Northern Corridor also serve Burundi, the Democratic Republic of Congo, Rwanda and South Sudan.GMG to open more than 100 stores in Egypt by 2026
The company will introduce its portfolio of brands focused on personal well-being as part of its wider international expansion, outlined last October in a new corporate strategy promoting healthier and more active lifestyles through its offerings.[Kenya] KenGen completes 25 acres Ngong Forest Restoration Project
Kenya Electricity Generating Company PLC (KenGen), has completed Phase One of the 25 acres Ngong Forest Restoration Project.Added boost for SADC export infrastructure as DHL Global Forwarding expands its presence in Zimbabwe
DHL Global Forwarding has launched in Zimbabwe to extend its presence across Africa.[Kenya] Equity Group diversifies into the insurance business
A life insurance license has been issued to Equity Life Assurance (Kenya) Ltd which is fully owned by Equity Group Insurance Holdings Limited (EGIHL), a subsidiary of Equity Group.Nigeria, Japan partner to launch startup incubation program for youths
The National Information Technology Development Agency, through its subsidiary, the National Centre for Artificial Intelligence and Robotics, in partnership with Japan International Cooperation Agency, is set to launch iHatch.[Namibia] JABU gets $3.2m for B2B eCommerce and retail play
Namibia-based B2B eCommerce startup JABU, which calls itself a last-mile distribution eCommerce company, has raised $3.2 million in a financing round.Egypt unveils plans for investments in its mining sector
Oil Minister Tarek El Molla is on the record as saying he wants to increase mining’s contribution to GDP tenfold by 2026, and in order to achieve this the ministry is to aid the sector’s transformation into a lucrative investment spot.Nigerian equities upbeat with N602b gains amid global lull
After rallying N7.76 trillion in net capital gains in two successive years, Nigerian equities are set for their third year with net capital gains of N602.02 billion at the weekend, bucking a generally negative opening trend in the global stock markets.[Column] Marius Reitz: Three trends Africa’s crypto sector can expect in 2022
For the global cryptocurrency industry, 2021 is likely to be remembered as one of the many years bitcoin broke past its all-time price high and drove the sector even closer towards mainstream adoption.Equity Bank launches its Equity Leaders Program in Uganda, admits its first cohort
Equity Bank Uganda has officially launched the Equity Leaders Program (ELP) by admitting its first cohort of 123 top-performing scholars from the 43 Districts where the Bank has a branch presence.Orange organise les premiers tournois de football panafricains
Orange, partenaire majeur du football africain depuis 2008, est sponsor officiel de la Coupe d’Afrique des Nations pour la 7ème édition consécutive.Orange holds first Pan-African football tournaments enabling youth to be actors of positive change
Orange, a major partner of African football since 2008, is the official sponsor of the AFCON for the 7th time in a row.Morocco and China sign joint belt and road implementation plan
The minister also highlighted the fact that Morocco was the first country in the Maghreb and among the first in Africa to adhere to the Belt and Road initiative, hence raising the Moroccan-Chinese strategic partnership to a new higher level.COVID-19 brings Work-From-Home to Africa; What has been the impact on businesses so far?
The Covid-19 crisis has pierced through the fabric of every layer of society, leaving virtually no country unscathed. The consequences for businesses has been significant and African economies have had to make rapid changes to their way of doing business.
