The Swiss-African Business Circle (SABC) has launched a series of Peer-to-Peer events, to build and grow Swiss-African communities around specific sectors. The first of the events will take off on 30 March 2021 with AGRIBUSINESS

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Switzerland economy has been significantly damaged through counterfeit products of its products like watches, household appliances and medicines according to a study by the Organisation for Economic Co-operation and Development (OECD) mandated by the Swiss Federal Institute of Intellectual Property (IPI).

  Izaak Breitenbach  General Manager (Photo: ProAgri)

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For the last decade, poultry production in South Africa has been static - despite the fact that consumption has continued to grow. This has happened because imported poultry has come into the economy in large quantities, displacing South African meat, especially at the lower end.

(Ecofin Agency) - Fintech company Flutterwave, which operates in 33 African countries, announced that it has successfully raised $170 million in a Series C financing. This operation values the fintech at over $1 billion and brings the total amount raised by the company since its inception in 2016 to $225 million.

South Africa and the United Nations on Tuesday signed a migration accord that both sides believe would solve the longstanding plight of 185,000 foreigners seeking asylum in the country.

(Ecofin Agency) - Kenya Commercial Bank is close to concluding a loan for a maximum amount of $150 million to strengthen its capital and support SMEs that develop environment-friendly projects. Particular focus is on women-led businesses.

President Julius M. Bio

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His Excellency President Dr Julius Maada Bio has unveiled the Le100 Billion Munafa Fund, the National Microcredit Scheme for 2021 to 2023 to support small and medium enterprises. 

CONDA - The Integrated Programme for Local Development and Combating Poverty (PIDLCP) this year allocated 295.6 million Kwanzas to the Conda Municipal Administration, coastal Cuanza Sul province for the execution of 45 social projects.

The African Energy Chamber (the Chamber) has announced that it would launch its first-ever advisory board book. The book is titled African Energy Road to Recovery: How the African Energy Industry can reshape itself for a post-COVID-19 comeback.

Katush by Katungulu Mwendwa, founded and based in Nairobi, Kenya, is a leisure lifestyle brand offering seasonless, timeless, transcendent casual and semi-formal wear heavily influenced by her upbringing and surroundings.

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The Ethical Fashion Initiative, a joint venture from the UN and World Trade Organisation’s International Trade Centre, has selected three Kenyan brands - Katush by Katungulu Mwendwa, Suave, and Hamaji to participate in its second accelerator programme.

The late Stephen Adewumi Ilebiyi (file photo)

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Mr. Stephen Akanbi Adewumi Ilebiyi, (alias Baba, Oga and Uncle Steve) the Doyen of Nigerians in Switzerland succumbed to death on 14 December 2020 after a protracted sickness, aged 96 years.A former president of Nigeria Union of Switzerland has been described by many Nigerians as a true friend, role model, a mentor, accessible, humble.

(Ecofin Agency) - Kenya has reached a staff-level agreement with the International Monetary Fund (IMF) for a new reform program with a financial package.

Regus to open new workspace in Togo

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Togo –   REGUS, the world’s largest provider of flexible workspaces, arrives in Togo. It will offer a wide range of ready-to-use workspaces ranging from private offices to co-working, meeting rooms and business lounges, according to Regus source.

Yolisa Nyoka, Program Director at Africa Oil & Power (Photo : AOP)

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SOUTH AFRICA – Africa Oil & Power (AOP) has announced the appointment of Yolisa Nyoka as its new Director of Programming, effective February 1. Nyoka has been recently nominated for the 2021 African Women Industrialization Award in recognition of her contributions to the events industry.

Prof. Omosewo being presented with the Membership Plaque

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Mrs. Esther Ore Omosewo, the first female professor of physics education in Nigeria has been inducted into the Governing Council membership of the International Association of Research Scholars and Administrators - IARSA. 

Members of NIDO Swiss Executive

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“When we took over the reign of NIDO Swiss, on 14 December 2019, our focus was to rebrand and change the organization’s image which had been bastardized.” Johnson Odibo, the president of NIDO Swiss asserted in his annual report at the organization’s Annual General Meeting held on Saturday 5 December 2020.

The United Nations is marking 2021 as the International Year of Fruits and Vegetables, spotlighting their vital role in human nutrition and food security, as well as urging efforts to improve sustainable production and reduce waste. 

(Togo First) - Orabank Togo and Togocom will launch Mbanking, a service that allows its users to transfer money between the bank and a mobile wallet. 

Dr. Corneille Karekezi, Group MD and CEO of Africa Re

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NIGERIA - Over 1,250 professionals took part in the 6th edition of African Insurance Awards held virtually on Friday, 18 December 2020. The African Reinsurance Corporation (Africa Re) appreciating the roles paid by all the participants and the judges expressed it gratuities to all of them.

(Togo First) - The committee of ministers of the West African Gas Pipeline (WAGP) project met in Lomé recently to discuss operational aspects of the infrastructure through which natural gas is transported from producing countries (Nigeria, mainly) to countries that import the fuel (Benin, Ghana, and Togo). 

The 6th edition of the Africa Women Innovation and Entrepreneurship Forum (AWIEF) conference held on 02and 03 December in South Africa explored post-pandemic recovery for the African markets and addressed women’s economic empowerment.

A United States human rights group, Article3.org, has honoured retired Archbishop Desmond Tutu with the Human Rights Global Treasure Award “in recognition of his lifelong commitment to advancing peace, equity, equality and human rights.”

The New Partnership for Africa’s Development (NEPAD) has earmarked two billion dollars to empower smallholder farmers in Nigeria, according to the National Coordinator for the agency, Princess Gloria Akobundu.

Sani Yaya (Photo: Togo First)

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SouthBridge Group, an innovative, pan-African financial advisory and investment firm, working with corporates, sovereigns and multinationals across the Continent, concluded two significant transactions in the Republic of Togo.