In plans to quickly move out of the Covid-19 pandemic, countries in Africa are stepping up initiatives to increase their vaccine production capacities. To support this ambition, pharmaceutical firm BioNTech has reached an agreement with Rwanda and Senegal to build its first vaccine production factories on the continent.   The firm announced in an October 26 statement that the construction...

Ahead of the COP26 climate conference in Glasgow, St. Andrew's Cathedral, the iconic city landmark, will host an exhibition featuring ChangeMakers, a campaign led by Climate Investment Funds. The African Development Bank is a partner of the campaign and implementing agency of Climate Investment Funds. The Bank nominated several climate champions from the continent who actively work in the field...

After a successful first bond issue in May, MTN Nigeria is repeating the experience. The telecom company, which is taking advantage of currently low bank interest rates, is planning various projects to support its digital transformation. Mobile operator MTN Nigeria is preparing a second fixed-rate bond issue. The company, which has received approval from the Securities and Exchange Commission...

The Brazil Africa Forum 2021 is co-organised, for the second year running, by the Brazil Africa Institute and SouthBridge whose leaders are confirmed speakers in diverse panels. BAF will be held virtually on November 23rd and 24th with the theme “Natural Resources: Environmental Protection and Sustainable Development”. Led by co-founders and Managing Partners, Dr Donald Kaberuka, Mr Lionel...

Dakar Terminal, the operator of the El Hadji Malick SY ro-ro terminal, signed a memorandum of understanding with the Malian warehouses in Senegal (Entrepôts Maliens du Sénégal, E.MA.SE) on 14 October 2021. Under this agreement, Dakar Terminal commits to reducing the cost of port transit for all new tanker lorries in transit through Senegal. This exceptional measure will support the process...

In recent months, Sudan has succeeded in securing financing guarantees with the international community. The country was only able to do so thanks to the democratic process it was following until a new coup happened. With this new picture, Khartoum could lose its supports. Yesterday, a new coup happened in Sudan. The second in three years. Abdel Fattah al-Burhan (pictured), the coup leader,...

The military junta in Mali plans to hold national conferences before the legislative and presidential elections, initially scheduled for February 27 next year, are held. This new decision risks disrupting the well-prepared process, the United Nations fears. A UN delegation led by Abdou Abarry, Niger's Ambassador to the United Nations, Nicolas de Rivière, his French counterpart, and U.S....

Bureau Veritas and Bolloré Ports have awarded Meridian Port Services (MPS) two stars under the Green Terminal environmental labelling process. This comes after Bureau Veritas conducted an audit lasting several months to assess the social and environmental performance of MPS’s facilities, equipment, energy consumption and operating processes. MPS is the first container terminal in the...

Three months after it raised about €600 million in long-term financing, drug maker Aspen continues to improve its product portfolio in South Africa. The group intends to set money aside to settle some of its debt. JSE-listed group Aspen Pharmacare Holdings Ltd has sold a portfolio of six products marketed under the Trustan, Altosec, Zuvamor, Ciavor, Grantryl, and Aspen Granisetron brands...

The transitional government in Sudan appears to be weakening. While a coup was foiled on September 21, a new attempt has proven successful. Tensions between civilians and military forces have been growing in recent weeks. Early today, October 25, several civilian leaders of the Transitional Council were arrested by the military. Local sources reported they were taken to an undisclosed location....