FurtherAfrica

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Zambia is allocating $6 million towards boosting mineral production and enhancing sustainability, productivity and safety in mining operations through the establishment of the Mining Technology (MinTech) hub.
Zambia is allocating $6 million towards boosting mineral production and enhancing sustainability, productivity and safety in mining operations through the establishment of the Mining Technology (MinTech) hub.

furtherafrica.com/2024/05/10/zambia-to-establish-us6m-mining-tech-hub/

by FurtherAfrica
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A Zimbabwean official last week praised Chinese tech giant Huawei for its significant role in advancing Zimbabwe's digitalization efforts. In an interview at the Huawei Zimbabwe Congress Summit 2024 in Harare, Beaullar Chirume, permanent secretary in the Ministry of Information Communication
A Zimbabwean official last week praised Chinese tech giant Huawei for its significant role in advancing Zimbabwe's digitalization efforts. In an interview at the Huawei Zimbabwe Congress Summit 2024 in Harare, Beaullar Chirume, permanent secretary in the Ministry of Information Communication

furtherafrica.com/2024/05/10/zimbabwean-official-praise-huaweis-role-in-the-countrys-digitization/

by FurtherAfrica
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This photo taken on May 2, 2024 shows the construction site of the Magufuli Bridge in Mwanza, Tanzania. Connecting the Mwanza and Geita regions, the Magufuli Bridge project over Lake Victoria in Tanzania is built by China Civil Engineering Construction Corporation (CCECC). The
This photo taken on May 2, 2024 shows the construction site of the Magufuli Bridge in Mwanza, Tanzania. Connecting the Mwanza and Geita regions, the Magufuli Bridge project over Lake Victoria in Tanzania is built by China Civil Engineering Construction Corporation (CCECC). The

furtherafrica.com/2024/05/10/magufuli-bridge-project-under-construction-in-tanzania/

by FurtherAfrica
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Farmers received a lifeline as Ethiopia’s latest agricultural insurance initiative came off age to compensate them for crop failure last year. The public private partnership initiative reached 122,000 smallholder farmers in Meher 2023 protecting them against various climate risks. Also
Farmers received a lifeline as Ethiopia’s latest agricultural insurance initiative came off age to compensate them for crop failure last year. The public private partnership initiative reached 122,000 smallholder farmers in Meher 2023 protecting them against various climate risks. Also

furtherafrica.com/2024/05/09/ethiopiass-new-crop-insurance-initiative-offers-farmers-lifeline/

by FurtherAfrica
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The London-based independent power producer Globeleq (an institution formed by Norwegian and British funds) has announced the construction, in the second half of the current year, of a 120 Megawatt Wind Power Plant in Namaacha district, in the southern province of Maputo.
The London-based independent power producer Globeleq (an institution formed by Norwegian and British funds) has announced the construction, in the second half of the current year, of a 120 Megawatt Wind Power Plant in Namaacha district, in the southern province of Maputo.

furtherafrica.com/2024/05/09/globeleq-to-start-building-wind-power-plant-in-mozambique/

by FurtherAfrica
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The line of finance facilities aim at fostering economic growth and development in Uganda and across the common member countries of ICD and Afreximbank The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org)
The line of finance facilities aim at fostering economic growth and development in Uganda and across the common member countries of ICD and Afreximbank The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org)

furtherafrica.com/2024/05/09/icd-signs-letters-of-intent-for-line-of-finance-facilities-with-uganda-development-bank-limited-and-afreximbank/

by FurtherAfrica
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FSC (https://FSC.org) is pleased to announce the official release of the new FSC Interim Forest Stewardship Standard (IFSS) for Ghana. It is applicable for all categories of Management Units, including provisions for Small or Low Intensity Managed Forests (SLIMFs)
FSC (https://FSC.org) is pleased to announce the official release of the new FSC Interim Forest Stewardship Standard (IFSS) for Ghana. It is applicable for all categories of Management Units, including provisions for Small or Low Intensity Managed Forests (SLIMFs)

furtherafrica.com/2024/05/09/new-interim-forest-stewardship-standard-validates-responsible-forest-management-in-ghana/

by FurtherAfrica
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Africa's vast infrastructure projects are transforming the continent's trade landscape, enhancing connectivity and economic cooperation among African nations. From the colossal Grand Ethiopian Renaissance Dam to the Kigali International Airport expansion, these ambitious undertakings are poised to

furtherafrica.com/?p=61821

by FurtherAfrica
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This week, the African Development Bank Group will leverage its deep expertise and convening power to highlight the crucial role of agricultural technologies, fertilizer and healthy soils in driving sustainable agricultural growth at the Africa Fertilizer and Soil Health Summit in Nairobi.

furtherafrica.com/?p=61819

by FurtherAfrica
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Air Products – an American international company whose main business is the sale of gases and chemicals for industrial use – has announced that its technology and equipment for processing Liquefied Natural Gas (LNG)

furtherafrica.com/?p=61817

by FurtherAfrica
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Australian mining company Lucapa has sold a trio of diamonds for a total of $10.5 million from the Lulo alluvial mine in Lunda Norte, Angola. The sale – measuring a total of 361 carats – was facilitated by Angola’s state-owned diamond trading company Sodiam, fetching an average price of $29,000

furtherafrica.com/?p=61815

by FurtherAfrica
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The African Development Bank (www.AfDB.org) and Invest in Africa have jointly launched the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal.
The African Development Bank (www.AfDB.org) and Invest in Africa have jointly launched the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal.

furtherafrica.com/2024/05/08/afdb-and-invest-in-africa-unveil-microgreen-project-to-empower-marginalized-groups/

by FurtherAfrica
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Watu Credit (Tanzania) Limited (https://WatuAfrica.com/) announced an initiative to expand its asset financing support for Compressed Natural Gas (CNG)-powered three-wheelers across Tanzania. This initiative is part of Watu's ongoing commitment to environmental sustainability, with the goal of
Watu Credit (Tanzania) Limited (https://WatuAfrica.com/) announced an initiative to expand its asset financing support for Compressed Natural Gas (CNG)-powered three-wheelers across Tanzania. This initiative is part of Watu's ongoing commitment to environmental sustainability, with the goal of

furtherafrica.com/2024/05/08/3-wheeler-financing-for-cleaner-vehicles-unveiled-in-tanzania/

by FurtherAfrica
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In the dynamic Startup scene in Nigeria, attaining success depends not only on innovation and market traction but also on effectively navigating the intricate realm of legal requirements. Therefore, this newsletter provides some guidance essential for ensuring the prosperity and sustainability of
In the dynamic Startup scene in Nigeria, attaining success depends not only on innovation and market traction but also on effectively navigating the intricate realm of legal requirements. Therefore, this newsletter provides some guidance essential for ensuring the prosperity and sustainability of

furtherafrica.com/2024/05/08/legal-guide-for-navigate-the-tech-startup-scene-in-nigeria/

by FurtherAfrica
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched its 2024 licensing round that features 12 oil blocks, combined with 5 deep offshore assets from last year’s round. Availablethrough January 2025, the acreage on offer includes but is not limited to 6 greenfield oil blocks

furtherafrica.com/?p=61803

by FurtherAfrica
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Malawi's soya industry has made a breakthrough into Chinese market as the southern African country seeks to increase agricultural exports to boost the economy. Malawi Investment and Trade Center Chief Executive Officer, Paul Kwengwere, confirmed to local media Friday that a 240 metric tons trial
Malawi's soya industry has made a breakthrough into Chinese market as the southern African country seeks to increase agricultural exports to boost the economy. Malawi Investment and Trade Center Chief Executive Officer, Paul Kwengwere, confirmed to local media Friday that a 240 metric tons trial

furtherafrica.com/2024/05/08/malawi-launches-soybean-exports-to-china/

by FurtherAfrica
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The rise of fintech in Africa is an exciting trend that has the potential to revolutionize the continent’s financial landscape. Fintech, short for financial technology, refers to the use of technology to provide financial services and products more efficiently and effectively. Also
The rise of fintech in Africa is an exciting trend that has the potential to revolutionize the continent’s financial landscape. Fintech, short for financial technology, refers to the use of technology to provide financial services and products more efficiently and effectively. Also

furtherafrica.com/2024/05/08/the-rise-of-fintech-in-africa/

by FurtherAfrica
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The Agrarian Development Institute (IDA) has said it is committed to re-launch rice production and implement measures to mitigate the effects of the drought in eastern Cuando Cubango province, the director-general of the institution, Felismino da Costa said last week.
The Agrarian Development Institute (IDA) has said it is committed to re-launch rice production and implement measures to mitigate the effects of the drought in eastern Cuando Cubango province, the director-general of the institution, Felismino da Costa said last week.

furtherafrica.com/2024/05/08/angola-agrarian-institute-to-re-launch-rice-cultivation-in-cuando-cubango/

by FurtherAfrica
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A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said last week. The agreement is Azule Energy's first investment in Namibia. Azule, formed in 2022, is a JV between Eni (ENI.MI) and BP (

furtherafrica.com/2024/05/08/bp-eni-jv-signs-agreement-for-namibia-offshore-license/

by FurtherAfrica
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The Ethiopian startup ecosystem is experiencing rapid growth, driven by entrepreneurial spirit and an emerging culture of innovation. However, startups often encounter regulatory obstacles that impede their progress and hinder the full potential of their ideas.
The Ethiopian startup ecosystem is experiencing rapid growth, driven by entrepreneurial spirit and an emerging culture of innovation. However, startups often encounter regulatory obstacles that impede their progress and hinder the full potential of their ideas.

furtherafrica.com/2024/05/08/the-role-of-the-legal-sandbox-in-the-ethiopian-startup-ecosystem/

by FurtherAfrica
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Global ratings agency Fitch revised Egypt's outlook to positive from stable last week. The agency affirmed Eygpt's rating at 'B-', citing reduced external financing risks and stronger foreign direct investment. Also
Global ratings agency Fitch revised Egypt's outlook to positive from stable last week. The agency affirmed Eygpt's rating at 'B-', citing reduced external financing risks and stronger foreign direct investment. Also

furtherafrica.com/2024/05/07/fitch-revises-egypts-outlook-to-positive-on-reduced-external-financing-risks/

by FurtherAfrica
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ExxonMobil is “optimistic and pushing forward” with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said last week.
ExxonMobil is “optimistic and pushing forward” with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said last week.

furtherafrica.com/2024/05/07/exxonmobil-pushing-forward-with-mozambique-lng-official/

by FurtherAfrica
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Yellow Card, a Nigerian leading cryptocurrency exchange, has marked another milestone in its global expansion efforts with the acquisition of a Virtual Asset Service Provider (VASP) license in Poland. The company’s subsidiary, Yellow Card sp. z.oo,
Yellow Card, a Nigerian leading cryptocurrency exchange, has marked another milestone in its global expansion efforts with the acquisition of a Virtual Asset Service Provider (VASP) license in Poland. The company’s subsidiary, Yellow Card sp. z.oo,

furtherafrica.com/2024/05/07/nigeria-yellow-tech-fintech-secures-license-to-operate-in-poland/

by FurtherAfrica
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Angola has submitted a candidature to host the World Junior Swimming Championships in 2027, the Minister of Youth and Sports, Rui Falcão, announced last week in Luanda. The minister told the press atthe end of an audience the Angolan Vice-President, Esperança da Costa, had with the chairperson of

furtherafrica.com/?p=61771

by FurtherAfrica
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The African Development Bank (AfDB) has identified infrastructure development and the agricultural value chain as two investment priorities to support Zambia’s economic growth. The findings were outlined by the AfDB’s Board of Directors in the Bank’s latest Country Strategy Paper for Zambia for

furtherafrica.com/?p=61769

by FurtherAfrica
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