Radisson Hotel Group arrives in Victoria Falls, a UNESCO World Heritage site

ZAMBIA – Radisson Hotel Group has announce its first resort and third hotel in Zambia, with the signing of Radisson Blu Resort Mosi-oa-Tunya, Livingstone, Zambia. The new signing is due to open by the end of 2022 with the new addition placing the Group firmly on track to achieving its objective of reaching 150 hotels in operation and under development…

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Puma’s Future Energies business launches solar projects for its retail stations

GHANA – Puma Energy’s newly established Future Energies business, a fuel retailer, has launched 11 solar projects at its retail stations and a further three at Puma Energy’s terminals in Ghana. The combined solar and battery power systems at the 14 service stations and terminals are part of the company’s Future Energies wider business plan to roll out renewable energy…

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Telecom Egypt, Sudatel to enhance cooperation in international connectivity

EGYPT – Telecom Egypt and the Sudatel Telecom Group, telecommunication service providers, have signed a memorandum of understanding (MoU) to enhance cooperation in the field of international connectivity between Egypt and Sudan. The cooperation aims to achieve optimal utilisation of the network linking the two countries, whilst developing the link between the two countries with the latest technologies. This will…

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Governments of Rwanda, Germany sign US$93m agreement for ICT, green investment and SMEs support

RWANDA – The government of Rwanda and Federal Republic of Germany, have signed two agreements worth €78 million (US$93.4 million) to support key areas that are critical to the attainment of Rwanda’s development objectives. The financing and technical cooperation agreement is the outcome of the Inter-Governmental Negotiations that were concluded in 2020 between the two governments. US$70.6 million of the…

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African Bank Group appoints Kennedy Bungane as Chief Executive Officer

SOUTH AFRICA – Retail bank African Bank Group has announced the appointment of Kennedy Bungane as its chief executive officer effective April 14, 2021 following approval from the Prudential Authority. The 46 year old new chief executive has more than 20 years’ banking experience, having started his career at Standard Bank in 1991. African Bank board chairperson Thabo Dloti said:…

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Zimbabwe signs deal with Russia’s Rosatom to tap nuclear energy

ZIMBABWE – The government of Zimbabwe and Russia’s State Atomic Energy Corporation (Rosatom) have signed a memorandum of understanding (MoU) to explore nuclear generation as the Southern African nation seeks to cut its reliance on hydroelectric power. “The anticipated cooperation in the use of nuclear energy for peaceful purposes will provide alternative sources of energy which Zimbabwe needs,” Information Minister…

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Fintech startup BezoMoney secures US$200,000 in seed round led by Goodsoil

GHANA – BezoMoney, an Accra-based fintech startup, has secured US$200,000 in a seed funding round led by Goodsoil VC, a venture capital firm based in London. According to the fintech, the funding will be used to acquire the Payment and Financial Technology Service Providers (PFTSP) license in Ghana, build and deploy new products including BezoCredit, an interest-free credit product, and…

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AfCFTA, UNDP ink strategic partnership to promote trade in Africa

AFRICA – The African Continental Free Trade Area (AfCFTA) Secretariat and the UN Development Programme (UNDP) have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the Covid-19 crisis, and as a driver of sustainable development particularly for women and youth in Africa, in line with the SDGs and Agenda 2063. The agreement was…

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Sasol and Air Liquide invite bidders for the supply 600MW green energy

SOUTH AFRICA – Energy giant Sasol and French industrial gas supplier Air Liquide are inviting bidders to participate in a Request for Proposal (RFP) process for the supply of renewable energy to Sasol’s South African operations. Sasol has set a greenhouse gas (GHG) target for their South African operations to reduce emissions by at least 10%, off a 2017 baseline,…

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