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Corporate Council on Africa's latest news updates

Published 1 day ago4 minute read

(Posted 29th May 2025)


Aditi.com
The African Trade & Investment Development Insurance (ATIDI) and the Global Renewable Mass Adoption Program ASBL (RELP) have signed a Memorandum of Understanding (MOU) to unlock investments in renewable energy projects across Africa… Read More>>


AirCargo News 
Ethiopian Cargo has received its 12th Boeing 777 production freighter on order as it continues to build its fleet.The aircraft, registered ET-BAC, left Boeing’s Everett factory at Seattle Paine Field International Airport (PAE) in the US on 23 May, Flightradar24 records show… Read More>>


Zawya
Katrina Fisher, Managing Director, ExxonMobil Angola, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place on September 29 to October 3 in Cape Town. Her participation highlights ExxonMobil’s long-standing commitment to Angola’s energy market and its role in supporting the country’s ambitions to maintain oil production above 1.1 million barrels per day… Read More>>


Washington Post
By almost any measure, South Africa is one of the continent’s rare democratic success stories. Thirty-one years ago, the country managed a transition from its abhorrent apartheid regime to Black majority rule, narrowly averting a feared race war. And last year, it saw another peaceful transition: The ruling African National Congress or ANC… Read More>>


Atlantic Council 
The Africa Center, in partnership with the Policy Center for the New South, will bring together experts from across the Washington think tank sector for a timely and forward-looking conversation on the first twenty-five years of the “African Century” and US-Africa relations in the second Trump administration. The discussion will focus on aid and trade, two sectors marked by the shutdown of the US Agency for International Development and US tariff policies… Read More>> 


World Health Organization (WHO)
The World Health Organization (WHO) and the African Union (AU) Commission renewed their longstanding strategic partnership today with the signing of an updated Memorandum of Understanding (MoU) on the sidelines of the 78th World Health Assembly in Geneva. This renewed agreement reaffirms the joint commitment to advancing health security, universal health coverage, and sustainable development across the African continent at a time of unprecedented financial challenges in the global health landscape… Read More>>


Hit Consultant
The Bill & Melinda Gates Foundation has awarded a $5M grant to Axmed, a healthcare technology company focused on transforming how lifesaving medicines are procured across Growth Markets… Read More>> 


Business Insider Africa
South African President Cyril Ramaphosa says his plan to boost the economy by launching major construction projects has attracted a record 238 billion rand (about $13.3 billion) in investment. Speaking at an infrastructure summit in Cape Town, Ramaphosa said the government’s new construction pipeline for the fiscal year starting April 1 includes around 250 projects… Read More>> 


TechAfrica News
Safaricom’s Chief Enterprise Business Officer, Cynthia Kropac, delivered a keynote address at the Connect Africa Summit 2025, urging leaders to accelerate the continent’s digital transformation by laying the groundwork for an AI-powered economy. Speaking under the theme “Building the Rails for AI: Laying the Foundations for Africa’s Intelligent Economy,” Kropac highlighted Africa’s unique demographic opportunity—with 75% of its population under 25—and the urgent need to expand broadband access, currently at just 40%… Read More>> 


Farmers Review Africa 
African Export-Import Bank’s Afreximbank Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa… Read More>> 


Punch Newspaper
Agribusiness Olam Agri has demonstrated pride in its roots and underlined its strong reputation as a top employer as it marked this year’s Africa Day with cultural engagement and a display of diversity across its office locations in the country. Celebrated annually in May, Africa Day is dedicated to celebrating the continent’s vast cultural heritage, resilience, and deep potential… Read More>> 


MSN
A new government gazette proposing relaxed Broad-Based Black Economic Empowerment (B-BBEE) requirements for ICT investors has ignited fierce debate, with critics warning it could unfairly benefit foreign players like Elon Musk’s Starlink while disadvantaging local operators… Read More>> 


Reuters
Five candidates are running to become President of the African Development Bank in an election on Thursday during the lender’s annual meeting in Abidjan, Ivory Coast. Tectonic shifts in global development finance with shrinking concessional funding, cuts to wealthy countries’ aid spending and whipsawing borrowing costs have made the bank’s $318 billion capital more crucial to Africa’s development… Read More>> 


ITNewsAfrica.com 
Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge. The continent’s cross-border payments market is projected to grow from $329 billion in 2025 to $1 trillion 2035, fueled by fintech innovation and intra-African trade. This growth enhances financial inclusion, connecting millions to financial services via mobile money, which Africa leads globally… Read More>> 

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ATC News by Prof. Dr. Wolfgang H. Thome
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