Virtual Conference

ICC and Africa investor launch global eTrade partnership to digitise five million SMEs in Africa

The International Chamber of Commerce (ICC) and Africa investor (Ai) are joining forces to launch a digitally empowered eTrade initiative to enable the digitisation of five million micro-, small-, and medium-sized enterprises (SMEs) in Africa.

Announced at the second Africa investor Global Trade Organization Leaders’ Summit by ICC Secretary General John W.H. Denton AO and Hubert Danso, Chairman of Africa investor, the campaign will accelerate the digitisation and intra African and global market access for millions of African SMEs, in support of the African Continental Free Trade Area (AfCFTA). In line with ICC’s efforts to make technology work for all, and Africa investor’s (Ai), AfricaPLC industrial eTrade and Fintech marketplace platform,ICC and Africa investor will mobilise a worldwide network of multinational companies, African Corporates, chambers of commerce, media organisations and academic institutions, to provide market access, tools and training programs to digitise SMEs in Africa. ICC and Africa investor (Ai), will work with their global network of businesses and local chambers of commerce to roll out the inititive through AfricaPLC, as the inititruves digitally enabled eTrade platform, to connect African SMEs with business opportunities in Africa. In its initial phase, the platform will function as a directory for SMEs,  to harness the full potential of ecommerce under the African Continental Free Trade Area, which is set to begin in January 2021. The AfricaPLC platform will also establish the Digital Sustainable Procurement Champions Community (DSPCC) – a collection of leading multinational and  African companies working on the African continent – to support and ensure the digitisation of SMEs within their supply chains. Mr Denton said: “We are extremely proud to announce ICC’s partnership with Africa investor (Ai) to digitise five million SMEs in Africa. In the face of persisting the economic consequences of COVID-19, it’s critical that African governments, businesses, chambers of commerce, and regional organisations unite to maximise the benefits of the digital economy for all. From women- and youth-led businesses to local start-ups and entrepreneurs, this campaign will enable all SMEs in Africa to grow sustainably, reach new markets, and build back better from the pandemic.” Working with African business and chambers leaders, the campaign will develop policy recommendations to assist governments, partners, and policymakers, make informed policy decisions to expand sustainable development, digital inclusion and eTrade opportunities in support of the AfCFTA. The campaign will facilitate access to trade and supply chain finance, digital logistics, trade data, as well as capacity building and training tools for SMEs across Africa. Hubert Danso, CEO and Chairman of Africa investor said: “We are delighted to partner with the ICC to launch the ICC-Ai AfricaPLC Digitise 5 million SME’s Campaign, and launch the AfricaPLC eTrade platform, in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, to support African SME’s trade digitally from January 1 2021, the official operational launch of the AfCFTA. This innovative African-global private sector eTrade partnership, directly supports the pursuit of the UN Sustainable Development Goals (SDGs), the African Continental Free Trade Area and the African Union’s Agenda 2063.” The campaign will be supported by the Ai eTrade Institute and ICC’s Centre of Entrepreneurship, a pioneering initiative to prepare and mobilise the next generation of entrepreneurs around the world. With regional hubs in Istanbul and Beirut, ICC will announce future hubs in Africa and South America in 2021.

For more information, please contact:

  • Timothy Conley
  • Global Communications Officer
  • Gabriel Petrus
  • Deputy Director, ICC Global Partnerships and Development
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Abu Dhabi Wealth Fund Targets Africa, Renewables to Lift Returns

(Bloomberg) -- Abu Dhabi’s top sovereign wealth fund is looking to Africa and renewable energy to generate greater returns, while relying more on artificial intelligence to mine data and spot new investment opportunities.

“With an abundance of natural resources and young, growing and increasingly educated populations, African countries are among those offering the greatest potential for long-term investors,” said Abu Dhabi Investment Authority Managing Director Hamed bin Zayed Al Nahyan. “We already routinely incorporate climate-change considerations into all of our investment proposals, and have been steadily expanding our exposure to renewable energy.” The $710 billion fund, known as ADIA, this year started a climate-change equity portfolio aimed at boosting its green-economy exposure, and is a shareholder in sustainable-energy projects that generate more than 20 gigawatts of power. ADIA’s 20-year annualized returns through December of last year were 4.8%, the lowest since 2008, according to the fund’s 2019 review. It blamed the absence of strong gains in the late 1990s for the drop. Thirty-year annualized rates of return were 6.6%, compared with 6.5% in 2018. Sovereign wealth funds in the Gulf, where governments are struggling to absorb the impact of lower oil prices, have been making adjustments to generate higher yields. Africa Prospects While ADIA continues to see China and India as the global economy’s growth engines, it’s monitoring developments on the world’s poorest continent for opportunities. Nigeria’s stock market is the best-performing in the world after Argentina this year, while dollar bonds issued by Angola, Zambia and Ghana posted the best returns among emerging markets last month. Five of the world’s 10 fastest-growing economies will be found in Africa through 2022, according to forecasts compiled by Bloomberg. Investors Are Waking Up to Some of the Most-Maligned Markets ADIA is betting that advances in technology are “likely to bring the greatest changes to the investment industry in the decade to come,” Al Nahyan said in the review released on Tuesday. In response, ADIA earlier this year made a string of hires to become part of a team that is building out its artificial intelligence and machine learning expertise. “ADIA has made it a priority to integrate technology throughout our investment process, in ways that support our ability to generate insights and achieve superior returns,” the managing director said. It employs about 1,700 people and besides developed markets equities, which makes up as much as 42% of ADIA’s portfolio, the fund holds bonds, alternative assets, real estate, private equity, infrastructure and cash. ©2020 Bloomberg L.P. Read more at: https://www.bloombergquint.com/business/abu-dhabi-wealth-fund-targets-africa-renewables-to-lift-returns Copyright © BloombergQuint
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Virtual Summit – Africa’s Portal to Doing Business with the United States

This Virtual Summit, the first and the largest of its kind convenes thousands of c-suite executives and decision-makers at African businesses, large and small, to present to you, from the highest ranks, the ways in which the U.S. can assist in growing your businesses through trade, investment, and technical assistance.

VIEW BROCHURE HERE>>

Designed specifically to serve African business leaders, this Virtual Summit is a portal, a one stop shop, into the United States Government’s resources at the highest levels. The summit is structured as four sessions taking place in one day.

For decades, The United States Government has funded a number of agencies and platforms to support African companies to do business with both the U.S. government itself, and with the U.S. private sector.  We are pleased to bring these resources together, at one time, in one place, for African business leaders.

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Contact – info@angelfairafrica.com

Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

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Virtual Africa Tech Festival 9 – 12 Nov 2020

AFRICACOM BECOMES A VIRTUAL EVENT AS PART OF THE NEW VIRTUAL AFRICA TECH FESTIVAL

Resilience and Growth: Uniting Tech and Talent for Socio-Economic Impact

As the largest and most influential tech and telecoms event on the continent, Africa Tech Festival is supported by the biggest brands in tech and telecoms - meaning that when you join the event, you know you're networking with the best.

Africa Tech Festival is the culmination of 23 years of connecting and informing business leaders, technology experts and policymakers on the continent.

Broken down into a series of events running across the week, Africa Tech Festival will enhance our mission to unify Africa’s response to the 4IR and, in doing so, accelerate socio-economic development across the continent.
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africa.com Webinar Session 6: What’s the Real Story Behind Africa’s COVID-19 Figures

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

 

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 6: May 20, 2020 Back by popular demand...

Led by Teresa Clarke, Chair and CEO of Africa.com:

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

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africa.com Webinar Session 5: Leadership in Times of Crisis

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

 

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 5: May 13, 2020 Women are Proving to Be Great Leaders During COVID-19. Is this the Pathway to Power?

Led by Teresa Clarke, Chair and CEO of Africa.com:

For more information and free registration, please visit VirtualConferenceAfrica.com.

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

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africa.com Webinar Session 4: Leadership in Times of Crisis

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

 

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 4: May 6, 2020 Crafting Strategy in the Face of Uncertainty

Led by Andy Zelleke, Ph.D., Harvard Business School Senior Lecturer of Business Administration:

For more information and free registration, please visit VirtualConferenceAfrica.com.

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

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africa.com Webinar Session 3: Leadership in Times of Crisis

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

   

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 3: April 29, 2020 This Isn't the West - How Africa's Informal Sector Reacts to COVID-19

Led by Hakeem Belo-Osagie, Chairman, FSDH Holding Company, and Harvard Business School Senior Lecturer of Business Administration:

For more information and free registration, please visit VirtualConferenceAfrica.com.

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

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africa.com Webinar Session 2: Leadership in Times of Crisis

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

   

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 2: April 22, 2020 Liquidity - Managing Cash Flow When Revenue & Funding Dry Up

Led by Kunle Elebute, Chair of KPMG Africa:

For more information and free registration, please visit VirtualConferenceAfrica.com.

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

Read more...

africa.com Webinar Session 1: Leadership in Times of Crisis

What’s the Real Story Behind Africa’s COVID-19 Figures?

Crisis Management for African Business Leaders

   

Wednesday Webinar Series Working with Harvard Business School faculty and our partners across Africa, Africa.com is pleased to offer this timely and valuable virtual conference series.

Session 1: April 15, 2020 Leadership in Times of Crisis

Led by Linda Hill, Ph.D., Harvard Business School Professor of Business Administration, Faculty Chair, Leadership Initiative:

For more information and free registration, please visit VirtualConferenceAfrica.com.

About Africa.com Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s ad network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.

Media Inquiries Laura Joseph Phone: +27 82 332 0473 Email: laura.joseph@africa.com

Read more...