Airtel acquired its license to provide 5G services to the Nigerian population in January 2023.  Competitors Mafab Communications and MTN have already deployed the technology in the country, in a context marked by high demand for high-speed connectivity. Nigerian mobile operator Airtel Mobile announced last week that it will soon launch its fifth-generation (5G) mobile network in the...

The African Medicines Agency established a few years ago, is close to getting operational. Uganda submitted its candidacy to host the agency’s headquarters but Rwanda was finally selected.  Rwanda has signed an agreement with the African Union to host the headquarters of the African Medicines Agency (AMA). The ceremony took place on Saturday, June 10, 2023, in the presence of Rwandan...

QCell is Gambia's second-largest telecom operator by number of subscribers. The company aims to capitalize on technological innovation to attract new subscribers and strengthen its market position.  Last week, Gambian mobile operator QCell launched its fifth-generation (5G) mobile network with technical support from Chinese technology company Huawei. It thus becomes the first telecoms...

Local production of pharmaceutical products in Côte d'Ivoire accounts for 6% of national needs. To increase that percentage to 20%, the government hopes to mobilize funds from private sector partners to accelerate production. Côte d'Ivoire wants to raise CFAF10 billion ($16 million) to boost pharmaceutical production this year, revealed Agence ivoirienne de presse on Thursday June...

AME Trade is proud to announce the launch of the 13th edition of Africa PPP, the longest-running Public-Private Partnerships event in Africa. The flagship infrastructure investment summit is set to take place from October 24th to 26th, 2023 at the Hyatt Regency Casablanca, Morocco. The event is hosted and supported by the Ministry of Finance and Economy, Kingdom of Morocco, and is running under...

Burkina Faso's cotton industry is one of the most organized in West Africa. In that industry which provides income for the majority of households, operations such as buying and ginning are managed by the private sector. In Burkina Faso the government decided on Wednesday (June 7), to renew the memorandum of understanding guiding the cooperation between private cotton companies (Sofitex, Faso...

The Egyptian government is stepping up initiatives to reduce carbon emissions in a context marked by climate change. Cairo is working to greenify all of its sectors of activity.  Egyptian telecom operators Telecom Egypt, Vodafone, Etisalat, and Orange recently signed green energy acquisition agreements with the New and Renewable Energy Authority (NREA). The agreements were signed on...

The pan-African banking groups Vista and Coris Group are close to taking over French banking group Société Générale’s subsidiaries in four African countries. According to a press release from the French banking group, Vista will take over the subsidiaries in the Republic of Congo and Equatorial Guinea, while Coris Group will acquire that of Mauritania and Chad. Under the terms of the...

Esther Mukantwali of Rwangara Village in Bugesera District, about 18 km south of Rwanda’s capital Kigali, used to wake up at 3 in the morning to trek for an hour to fetch water from a swamp.  The story is the same for 18-year-old Umuhoza Francine, who lives four km further in Nyagatovu village, also in Bugesera District. She trekked for over two hours to get to the source of her...

African Hidden Champions (AHC), an initiative that promotes dynamic African companies and helps them on their path to global leadership, held its first regional event of 2023 in Nairobi, Kenya. The event provided a platform for AHC to share its vision with business executives from the region. The Nairobi reception marked the African Development Bank’s first official engagement with AHC, as new...