The Coca-Cola Company appoints Bruno Pietracci as President

The Coca-Cola Company appoints Bruno Pietracci as President

The Coca-Cola Company is pleased to announce the appointment of Bruno Pietracci as Africa & Middle East President and Matrona Filippou as the Business Unit President for the Southern &
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Launch of new Ugandan coffee marks second year of success for Nespresso’s.

Launch of new Ugandan coffee marks second year of success for Nespresso’s.

Nespresso’s Reviving Origins program celebrates second year by introducing new coffee, AMAHA awe UGANDA, from the Rwenzori Mountains Investment, training and resources provides Rwenzori coffee farmers with the tools to improve
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International Energy Agency’s Africa Dialogue Needs to be Inclusive for a Workable Africa’s Energy Transition

International Energy Agency’s Africa Dialogue Needs to be Inclusive for a Workable Africa’s Energy Transition

The Chamber reiterates its support to inclusive dialogues that take into account the realities of African economies and of energy poverty The African Energy Chamber takes notes of recent initiatives taken
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Oil price slump in Africa and Covid 19: which countries will fare better?

Oil price slump in Africa and Covid 19: which countries will fare better?

In Africa, the twin challenges of the coronavirus pandemic and subsequent drop in oil prices are affecting countries in different ways: net energy exporters are braced for headwinds, but net
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African nations supporting our push for recognition says Somaliland foreign minister

African nations supporting our push for recognition says Somaliland foreign minister

Somaliland says several African countries have expressed their desire to recognize the country as an independent state. Minister for Foreign Affairs and International Cooperation Yasin Haji Mohammed said several African countries
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ADF approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

ADF approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

Abidjan, Cote d’Ivoire, 30 June 2020 - The Board of Directors of the African Development Fund (ADF) have approved grants totaling $9.52 million to strengthen responses to the COVID-19 pandemic
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Black Rock Mining signs MoU with Korean firm for Tanzania Graphite

Black Rock Mining signs MoU with Korean firm for Tanzania Graphite

Black Rock Mining Ltd has signed a non-binding MOU with Korean industrial group POSCO to form a strategic alliance and development relationship for the Mahenge Graphite Project in Tanzania. The first
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Stanbic Bank recognised as most admired financial services brand in Uganda

Stanbic Bank recognised as most admired financial services brand in Uganda

Stanbic Bank Uganda is the most admired non-Ugandan financial services brand in the country according to Brand Africa. The Brand Africa Awards were announced during a virtual event hosted by Publics
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The services sector accounts for more than half of COMESA’s GDP and over a third of employment, outpacing manufacturing and agriculture sectors in terms of growth generation, income and jobs.
Industry Tourism Travel

Why Tourism should be cushioned from COVID-19 impacts

The services sector accounts for more than half of COMESA’s GDP and over a third of employment, outpacing manufacturing and agriculture sectors in terms of growth generation, income and jobs. According to a report prepared by research experts at the COMESA Secretariat, the value added by services account on average to 52.5% of the Gross […]

African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. However, the COVID-19 outbreak is now shattering the dreams of Africa’s hotel industry.

COVID-19 threatens to ruin a record year for Africa’s hotel developers

Following the UAE Federal Government's announcement to lift restrictions on transit passengers services, from 15th June Emirates will offer passenger services to 16 more cities on its Boeing 777-300ER aircraft.

Emirates resumes passenger flights across 29 cities

Africa Markets

ADF approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

Abidjan, Cote d’Ivoire, 30 June 2020 – The Board of Directors of the African Development Fund (ADF) have approved grants totaling $9.52 million to strengthen responses to the COVID-19 pandemic in East Africa and the Horn, and in the Comoros. The grant, approved on 26 June, is part of the $10 billion COVID-19 Rapid Response […]

Explaining China’s Economic Resilience

African Energy Chamber Calls for Extension and Compliance with Production Cuts Ahead of Next OPEC Meetings

Exchange Rates

Africa Markets

ADF approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

Abidjan, Cote d’Ivoire, 30 June 2020 – The Board of Directors of the African Development Fund (ADF) have approved grants totaling $9.52 million to strengthen responses to the COVID-19 pandemic in East Africa and the Horn, and in the Comoros. The grant, approved on 26 June, is part of the $10 billion COVID-19 Rapid Response […]

Explaining China’s Economic Resilience

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