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Africa Outlook Issue 72 / May '19

Current Issue 72

Recent News archive

Lisbon to play host to 21st Africa Energy Forum

Lisbon to play host to 21st Africa Energy Forum

Nearly 3,000 stakeholders and investors are expected to attend the 21st Africa Energy Forum in Portugal this June. The Forum returns to Europe for its 21st year following its 20th anniversary on th

Feature: Using technology to boost Africa’s banks

Feature: Using technology to boost Africa’s banks

The move towards paperless trade has been a longstanding objective for the trade finance sector. Results from our 10th Global Survey on Trade Finance reveal that banks are startin

Event preview: Finnovation Ethiopia 2019

Event preview: Finnovation Ethiopia 2019

The unique environment for financial services in Africa is fertile ground for innovative fintech players who are not only disrupting but also building it from the scratch, which is bringing fi

Feature: How OCP Group is cutting sulphur dioxide emissions by 98 percent

Feature: How OCP Group is cutting sulphur dioxide emissions by 98 percent

Morocco, perhaps unbeknownst to some, is a massive producer and exporter of phosphate.Home to around two thirds of the world’s phosphate reserves, the North African country sits in a higher

Expert Eye: Connecting a continent and the role of mobile in Africa

Expert Eye: Connecting a continent and the role of mobile in Africa

The telecoms markets across Africa’s 54 countries offer a huge range of opportunities, both to traditional players like mobile operators, new digital service providers and businesses launching IoT

Expert Eye: Will Africa take collateral damage from the brewing China-US trade war?

Expert Eye: Will Africa take collateral damage from the brewing China-US trade war?

The sense that the US is ‘losing’ under existing international trade arrangements is one of a number of ideological positions held by the US president, Donald Trump. His administration has decided

ENGIE on Africa’s energy deficit

ENGIE on Africa’s energy deficit

Despite being home to 15 percent of the world’s population, Africa only accounts for one 20th of global energy use. In this sense, energy consumption per capita across the continent is t

Angola Cables: Inside the 6,500-kilometre South Atlantic Cable System

Angola Cables: Inside the 6,500-kilometre South Atlantic Cable System

Africa’s telecoms market may be in its infancy when compared to other regions in the world, but it is catching up fast. The continent’s internet bandwidth is expanding more rapidly than any

Q&A: Three Virgin Limited Edition General Managers discuss Africa's luxury travel market

Q&A: Three Virgin Limited Edition General Managers discuss Africa's luxury travel market

South Africa and Kenya represent two of Africa’s largest tourism markets. Last year South Africa accumulated $8.82 billion in international tourism receipts, the most of any African country, with K

Expert Eye: How can governments boost Africa’s economic growth?

Expert Eye: How can governments boost Africa’s economic growth?

The African economy is growing again after 2015’s commodity price plunge. Despite the still significant current account deficits in many economies, the outlook is positive on the whole. But

IoT can provide the seeds for Africa's growth

IoT can provide the seeds for Africa's growth

With Africa’s population set to increase from around 1.3 billion in 2018 to 1.7 billion by 2030, there can be little doubt that the challenges the continent already faces in respec

Event preview: EnergyWeek Morocco

Event preview: EnergyWeek Morocco

Investing in both gas and renewable energy is at the centre of the Kingdom of Morocco’s strategy. With billions earmarked for the region, it has never been more important for regional stakeholders

Q&A: DWF on Africa’s clean energy potential

Q&A: DWF on Africa’s clean energy potential

Africa needs to double its output of electricity by 2030 if it is to keep up with demand. Economic growth, changing lifestyles and a growing population are all placing strain on the continen

Feature: How ABB is powering food production productivity in Africa

Feature: How ABB is powering food production productivity in Africa

ABB is officially changing the world. Ranked eighth among the top global companies that help the planet and tackle social problems by Fortune, the pioneering technology leader has been innovating f

Teranga Gold assumes 100% stake in Golden Hill and Gourma mining projects

Teranga Gold assumes 100% stake in Golden Hill and Gourma mining projects

Teranga Gold is acquiring the remaining 49 percent interest in the Golden Hill and Gourma projects from Boss Resources Limited for a sum of AU$10 million. Teranga previously had

Mott MacDonald: Shaping Africa brick by brick

Mott MacDonald: Shaping Africa brick by brick

“Africa is the same land area as the United States, India, China and Australia combined, it’s got 30 percent of the world’s known mineral reserves, and yet it’s got 75 percent of the world’s

Teranga Gold increases gold reserves at Wahgnion by almost 40 percent

Teranga Gold increases gold reserves at Wahgnion by almost 40 percent

Teranga Gold Corporation has announced the results of an updated mineral reserve estimate and feasibility study for the Wahgnion development project in Burkina Faso, West Africa. The update

Teranga Gold on track to expand in West Africa

Teranga Gold on track to expand in West Africa

Representatives of Teranga Gold Corporation will speak this week and next at two leading industry conferences, focusing on the Company’s strong year-to-date operating results, its organic growth pi

AxxonSoft is leveraging AI to prevent poaching in Africa

AxxonSoft is leveraging AI to prevent poaching in Africa

“Coming from South Africa, growing up surrounded by majestic animals and the exquisite plains of the African continent, seeing the destruction that poaching has imposed on my country and the region

Exciting new features ahead at fifth edition of Mauritanides

Exciting new features ahead at fifth edition of Mauritanides

Mauritanides, the largest and only biennial mining and energy conference and exhibition held in Mauritania since 2010, returns to Nouakchott from 11-13 December 2018. More than 1,50

Feature: Unlocking Africa’s trade potential

Feature: Unlocking Africa’s trade potential

Trade is the lifeblood of growing economics, and trade projects that knock down barriers and improve efficiencies can go a long way to strengthen cooperation between countries. This cooperation is

Accra to Host Event Aimed at Addressing Real Estate Challenges

Accra to Host Event Aimed at Addressing Real Estate Challenges

The 2nd Edition Real Estate Development Summit – West Africa is set to take place in Accra, Ghana in October. With a vibrant growth trajectory across the Real Estate industry of a

Which Business Leaders are Attending the Utility CEO Forum at Future Energy East Africa?

Which Business Leaders are Attending the Utility CEO Forum at Future Energy East Africa?

The speaker line-up for the Utility CEO Forum at Future Energy East Africa is growing as the event in Nairobi nears. Being held on 12-13 September, 12 utility and IPP CEOs and representative

Future Energy East celebrates 20 years in Nairobi with focus on regional access to energy

Future Energy East celebrates 20 years in Nairobi with focus on regional access to energy

“Private sector can play a significant role in providing basic energy access.”“We’re not only celebrating 20 years of gathering energy experts in the East African region, but along with our