The Automotive opportunities presented by the African Continental Free Trade Area (AfCFTA)

On 17 June, the African Association of Automotive Manufacturers (AAAM) and the African Continental Free Trade Area (AfCFTA) Secretariat are hosting a webinar to explore how the AfCFTA is helping to shape the automotive policies for Africa which, in turn, drives industrialisation. Also to be discussed during the free virtual event is why the Rules of Origin are key in driving investment and confidence in Africa. “We believe that all automotive industry role players, including policy advisors, business leaders and […]

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Bank of Central African States and the African Energy Chamber to work together on solution for FOREX regulation for energy industry

The meeting was in response to concerns by energy companies operating in the Central African Economic and Monetary Community (CEMAC) region The African Energy Chamber (AEC) (www.EnergyChamber.org), on Monday 17 May held a meeting with the Central Bank of Central African States (BEAC) to discuss the effects of BEAC’s in December 2018 adopted FX regulations, which are due to come into effect on the 1 January 2022. The meeting was in response to concerns by energy companies operating in the […]

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Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

The 14th German African Energy Forum is set to provide key market insights, trends and opportunities over the next decade The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the next decade. The 14th German […]

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We Must Take pride in our Oil and Gas Sector and Africa – Never Ever Give Up on Africa

Corporations do need to be held accountable on where they put their dollars By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). I am just a little country boy and I don’t believe we have to be diplomatic about this stuff. I love the Oil and Gas industry and will always stand up for it even when it is unpopular to do so. I don’t care taking the heat for this industry and for the so many Africans that this […]

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African Development Bank invites business enablers to apply for funding to support women entrepreneurs

This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding for innovative projects or programs to bolster the skills of small and medium enterprises (SMEs) owned and run by women across Africa, the Bank announced. Entrepreneurship enablers, which include business associations and civil society organizations, play an important role in empowering […]

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Invest Africa and DLA Piper partner to support ESG best practice in African renewable energy projects

The project will assemble experts from the worlds of impact investment, development finance and law The global law firm, DLA Piper, has partnered with Invest Africa (www.InvestAfrica.com), the leading trade and investment platform for African markets, to support the development of ESG best practice in African renewable energy projects. Clear Environmental, Social and Governance (ESG) targets and measurements have become an increasingly important part of fundraising as investors seek to align their portfolios with sustainable growth. For a continent boasting […]

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Orange leads solar panel deployment across Africa and the Middle East

To avoid using generators that run on fuel (fossil energy that emits CO2), Orange is putting in place several initiatives such as solar panels Orange (www.Orange.com) is accelerating its solar projects in Africa and the Middle East to reduce its carbon footprint to zero by 2040. Across the entire region, many sites are not connected to the electricity grid and when they are, the quality of the grid often requires alternative backup solutions. To avoid using generators that run on […]

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One month until Extreme E’s Ocean X Prix in Senegal

Today marks one month until Extreme E’s second event – the Ocean X Prix – which will take place at Lac Rose in Dakar, Senegal on 29-30 May. Extreme E marks the return of off-road racing to one of its original roots, famous for the gruelling Paris-Dakar Rally which debuted in 1978 but which hasn’t finished in the Senegalese capital since 2007. Alejandro Agag, CEO and Founder of Extreme E, said: “So here we are, just one month until our […]

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