Africa50

An African First: Africa50 Infrastructure Acceleration Fund Achieves First Close, Securing $222.5 Million Primarily from African Institutional Investors

9 January 2024 Casablanca, 09 January 2024 – Africa50 Group, the pan-African infrastructure investment platform announced today the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) on December 29th, 2023. securing $222.5 million in commitments. In an African first, Africa50-IAF secured participation from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks and Development Finance … Continue reading An African First: Africa50 Infrastructure Acceleration Fund Achieves First Close, Securing $222.5 Million Primarily from African Institutional Investors

Africa

Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors

In a recent update, South Africa’s economy has experienced a slight downturn in the third quarter of this year. Data released by the national statistics agency revealed that critical industries like agriculture, mining, and construction witnessed a decrease in output. Contrary to analyst predictions of a 0.1 percent decline, the actual contraction was slightly higher at 0.2 percent on a quarter-on-quarter seasonally adjusted basis. This … Continue reading Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors

DIRE DAWA AND NEDAMCO

REVOLUTIONIZING WATER STEWARDSHIP – THE CITY OF DIRE DAWA AND NEDAMCO AFRICA UNVEIL CUTTING-EDGE WATER MANAGEMENT PLATFORM INITIATIVE AT COP28

DECEMBER 9TH 2023 | COP28 UAE PRESS CENTER “In a joint press statement today, the city of Dire Dawa, Ethiopia and Nedamco Africa announced the launch of Nedamco Africa’s comprehensive digital water management platform, “CCW” for the Dire Dawa administration. This success-based public-private partnership is a testament to Dire Dawa’s dedication to pioneering environmental innovation and showcases the city’s proactive role in embracing advanced technologies. … Continue reading REVOLUTIONIZING WATER STEWARDSHIP – THE CITY OF DIRE DAWA AND NEDAMCO AFRICA UNVEIL CUTTING-EDGE WATER MANAGEMENT PLATFORM INITIATIVE AT COP28

THE OPEN GROUP

Smart Africa and The Open Group Join Forces to Formulate a Government Enterprise Architecture Guide for Africa

November 21, 2023 04:00 AM Eastern Standard Time KIGALI, Rwanda–(BUSINESS WIRE)–In a significant stride toward advancing its digital economy initiatives, the Smart Africa alliance and The Open Group have signed a Memorandum of Understanding (MoU) to develop a unified Enterprise Architecture guide for the African continent. “Another key step towards achieving a single digital market in Africa has been made by joining forces with The … Continue reading Smart Africa and The Open Group Join Forces to Formulate a Government Enterprise Architecture Guide for Africa

AI Expo Africa conference and expo is Africa's largest B2B AI event

Johannesburg welcomes largest gathering of Artificial Intelligence experts

JOHANNESBURG, GAUTENG, SOUTH AFRICA October 30th, 2023 (AI Media Group) Africa’s largest Artificial Intelligence & Intelligent Automation event, AI Expo Africa, will be running its highly acclaimed conference & trade show at the Sandton Convention Centre, Johannesburg, South Africa 2-3 November. Now entering its 6th year, the annual AI Expo Africa unites regional and international suppliers of the latest cutting edge 4IR technologies, from the … Continue reading Johannesburg welcomes largest gathering of Artificial Intelligence experts