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....

Members of the Africa Investment Forum team showcased two projects during a virtual investor roundtable as the continent looks to boost its healthcare sector and attract much-needed investment in the wake of the Covid-19 pandemic. The projects, jointly worth around $140 million and located in East and West Africa, were previewed for potential investors. The roundtable, held 21 October, is...

The African Development Bank has launched a consultation process with health ministers and other partners as it develops a strategy to drive enhanced access to health services across Africa through 2030. Input from ministers in the Bank’s 54 regional member countries, development partners and civil society is expected to strengthen the Bank’s Strategy for Quality Health Infrastructure in...

The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria. The research, which includes a feasibility study, women-focused design and testing, will focus on both...

The security situation in Mali remains tense, and the country is looking for solutions to offset France’s withdrawal. Earlier this week, negotiations with jihadist groups in the country were announced, but the government has now denied the information. Mali says it has not instructed anyone to negotiate with leaders of armed terrorist groups, denying what was revealed earlier this week by...

Mobile operator Africell Angola announced last October 20, the opening of a data center in Luanda. The facility, entirely based on the cloud, is housed in the Kings Tower building. It is the result of the technical collaboration of renowned companies such as HP, Nokia, Dell, and Oracle. Several local partners also participated in the project. These are CPC Africa, Jembas, and...

The Government of Benin set a strategy to accelerate vaccination against Covid-19 on its territory. Since the campaign started, only about 0.18% of the population got vaccinated. Under this new plan, the government conditions access to public services on a vaccination certificate or a negative test of less than 48 hours. The announcement was made last October 20 following the Council of...

Investment banking activities in sub-Saharan Africa achieved record performances over the first nine months of this year. However, the region remains a minor player on the global market. From January to September this year, investment banking activities in SSA generated $387.5 million, data from Refinitiv revealed. This sum is 15% higher than that over the same period last year.  It is...