Inspiring Leadership & Sustainable Business Transformation in Africa
GHANA – With the inauguration of the Kasoa Bulk Supply Point (BSP), the United States has completed its nearly six-year US$316 million investment in Ghana’s energy infrastructure. The program has supported more reliable power for hundreds of thousands of schools, hospitals, offices, and homes in Ghana. The Kasoa BSP will reduce outages in the power system, help stabilize voltages, and…
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TANZANIA – Tanzania and the Government of USA have signed seven agreements for business projects which are set to be implemented in Tanzania by investors and companies from the United States of America. According to a statement issued by the directorate of presidential communications, the deals with key private sector companies are worth a total of US$5.04 billion (KSh11.3trillion) and…
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SOUTH AFRICA – TallOrder, the South African startup that is a developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, is working on expansion to Europe and the United States after banking US$3.1 million in funding in January. Launched in 2014, the TallOrder POS platform, which can be deployed on suitable Windows,…
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GLOBAL – U.S. Senate has confirmed the appointment of Scott Nathan as the Chief Executive Officer of United States International Development Finance Corporation (DFC) is a development finance institution and agency of the United States federal government. Scott Nathan most recently served as a senior advisor to the White House Office of Presidential Personnel after having worked on the Biden-Harris…
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SOUTH AFRICA – Data centre operator Digital Realty Trust (DRT) has announced that it would acquire a majority stake in Africa-based Teraco, valuing it at about US$3.5 billion, as it taps into fast growth in Africa, driven by the pandemic. In a statement Digital Realty, which has more than 280 data centres across the world, said it would buy the…
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GHANA – The Jospong Group of Companies (JGC) has signed a Memorandum of Understanding (MoU) with McDavid Green Solutions (MDGS/MDPower LLC) of the United States of America (USA), for the construction of waste to energy plants across the country. The first waste to energy plant, which will be sited in Dawa, a new industrial enclave in the Ningo Pramoran District…
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MOROCCO – US International Development Finance Corporation (DFC) has announced that it will operate a US$100 million fund focusing on promoting opportunities while tackling endemic problems facing Morocco that require innovative solutions from local entrepreneurs. The fund is part of a new partnership between DFC and the Small Business Assistance Fund. It aims to support small and medium-sized businesses across…
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