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See all the latest news from the Business Council for Africa and from around the continent. 

2017

December 2017

15 December 2017

Invest Africa Connect 2018

The end of the year is fast approaching, and before you know it Invest Africa Connect 2018 will be just around the corner.

February attracts a high number of visitors to Cape Town - book your flights and accommodation now!

Reminder

  • 5th to 8th February, 2018
    Private functions ranging from breakfast, lunch, dinner, and cocktail receptions will be held at an exclusive sea front villa 
     
  • Additional Services
    We can book you a room at one of our beautiful villas, and organize your stay. Contact me on barbrociakudia@ia-bca.com or constancasoares@ia-bca.com for more information.

The above will be hosted in partnership with The Investing in African Mining Indaba, and with the integral support of our key sponsors.

Please click the link below to view the agenda

2017

December 2017

05 December 2017

Mnangagwa sworn in as President of Zimbabwe

Emmerson Mnangagwa was on Friday sworn in as Zimbabwe’s third president by Chief Justice Luke Malaba to loud cheers at a packed National Sports Stadium, marking the end of Robert Mugabe’s nearly four decades rule and a new chapter for the southern African country.

By Staff Writer | The Source Zimbabwe

To read more, click here.

05 December 2017

Vivo Energy to list on London Stock Exchange via $3 billion IPO

Vivo Energy Investment, firm distributing oil products (gasoline, gas, lubricants, diesel fuel, and aviation fuel) in 16 African nations is announced on the London Stock Exchange, with an initial public offering (IPO) valued at $3 billion.

By Idriss Line | Agence EcoFin

To read more, click here.

05 December 2017

Asoko Sector Brief – Nigeria Steel Producers Q4 2017

New capacity is coming online in Nigeria’s steel sector, but the closure of existing factories and high operating costs mean that overall output still significantly lags domestic demand.

By Staff Writer | Asoko Insight

To read more, click here.

05 December 2017

EU lists Ethiopia over money laundering

The European Commission blacklisted Ethiopia for being very risky in money laundering and terrorism financing, urging banks situated in Europe to apply enhanced due diligence on financial flows from the country.

By Samson Berhane | Addis Fortune

To read more, click here.

05 December 2017

China’s ZTE eyes opportunities in Zimbabwe’s $1 billion ICT industry

Chinese telecoms giant ZTE says it intends to expand its footprint in Zimbabwe’s information technology and communication (ICT) sector with plans to invest in 4G and 5G technology.

By Staff Writer | The Source Zimbabwe

To read more, click here.

05 December 2017

EU earmarks $501 million for peace and security in Africa

The European Union (EU) on Tuesday disclosed that it had allocated the sum of 430m Euros to security and peace building in Africa from 2014 to 2020.

By: Alex Enumah | This Day, Nigeria

To read more, click here

2017

November 2017

29 November 2017

Meeting with Admiral Mohab Mamish, Chairman of the Suez Canal Economic Zone (SCZone)

On the 28th November, British Expertise International and BCA-IA members were delighted to be joined by Admiral Mohab Mamish, Chairman of the Suez Canal Economic Zone (SCZone), who discussed this state-of-the-art economic hub which aims to bring together business from around the world and the region to consolidate their international standing, while offering easy access to the region's markets and talent. It will provide its customers with world-class value-added supply chain activities and raise the bar for future industrial parks.

For the presentation please click the link below: 

29 November 2017

Press release | Statement by the Presidency of the European Business Council for Africa (EBCAM) on the occasion of the AU-EU Summit 2017

The European Business Council for Africa (EBCAM) is pleased to have been part of the EU-Africa Business Forum 2017, which preceded the AU-EU Summit, with the Presidency represented by Karen Taylor during the closing ceremony on November 27 2017. Representatives from EBCAM member organisations BCA-IA, Afrika Verein and NABC were also in attendance.

“Europe and Africa should strengthen their cooperation in the field of trade and investment over the coming years. We ask the European Commission to speed up the implementation of the new External Investment Plan and to continue to incorporate the private sector as an integral part of its development strategy for Africa.

The main challenges to investment by businesses in Africa are the deficits in infrastructure, energy and professional and vocational education. Europe and Africa can mobilise public and private resources to strengthen these key factors to encourage more local production on the African continent.

EU and African governments should continue to push forward concrete financial instruments and improvements to business environments to promote the development of a strong private sector in Africa. This will ensure an increase of European Foreign Direct Investment into the continent which will create jobs and prosperity in Africa and Europe”, said Karen Taylor on the occasion of the AU-EU Summit in Abidjan on 29 November 2017.

2017

November 2017

15 November 2017

Affordable Housing Conundrum in sub-Saharan Africa

African cities become the new home to over 40,000 people every day.  The UN projects that by 2050 there will be about 1.5 billion people within the region.  With working population growing 4 fold 2000-2050.

This poses a housing challenge for all these countries, as many metropolitan areas lack housing infrastructure and some rural regions lack housing altogether. In 2010, in London United Nation’s head of housing agency proclaimed that: “After HIV and Aids, the biggest threat to sustainable development in Africa is rapid and chaotic urbanisation”.

Read more: click below PDF