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US-based startup fintech sets up shop in South Africa

By: Natasha Odendaal     15th October 2021 Startup fintech Chipper Cash has launched its services in South Africa, offering free domestic peer-to-peer (P2P) money transfers as the company rapidly expands its network across Africa. Chipper’s mobile application enables free, unlimited and instant domestic money transfers, selected... 

Kosmos, GNPC to buy Occidental’s Ghana assets for $750m

By: Bloomberg     14th October 2021 Kosmos Energy and Ghana National Petroleum Corp agreed to buy Occidental Petroleum Corp’s oil assets in the West African country for a combined $750-million. Kosmos will pay $550-million while GNPC will pay $200-million for the Houston-based company’s interests in the Jubilee and TEN offshore... 

BI plays a key role in Hudaco Group’s expansion into Africa

11th October 2021 In a drive to increase sales into Africa across all of its companies, the Hudaco Group has structured its exports division into smaller clusters, each with a specific product focus. Here Bearings International (BI) falls into the materials-handling cluster comprising of five companies, namely BI... 

Kearney unpacks the decentralised power transition in Africa

By: Marleny Arnoldi     11th October 2021 Africa is on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovation is delivering increasingly decentralised power to the continent in new ways, says consultancy Kearney. Kearney has outlined in a white paper, the overarching strategic... 

Explosives company aims to extend its reach

By: Cameron Mackay     8th October 2021 As part of bulk emulsion explosives and mining technology manufacturer BME’s ongoing strategic global expansion strategy, the company plans to continue growing its footprint in mining in West Africa, states BME West African operations GM Michael Klaasen. “BME has been active in West Africa for... 

Cooperation crucial to West African development – law firm

By: Cameron Mackay     8th October 2021 Amid opportunities for mining and the availability of substantial human resources in West Africa, cooperation between the public and private sectors can help grow mining in the region. This cooperation can contribute to the development of industries, such as the energy sector, as well as the... 

Ghana base acts as catalyst for growth

By: Cameron Mackay     8th October 2021 Much of the success of consulting engineers and scientists SRK Consulting’s office in Accra, Ghana, is based on the company’s local knowledge, represented by experienced professionals from West Africa, states SRK Consulting principal resource geologist and SRK Ghana country manager Ivan Doku.... 

Contract awarded to marine specialist

8th October 2021 Marine specialist services provider AMSOL Ghana was recently awarded a contract by Ghanaian oil and gas marketing company Ghana Oil Company (GOIL) that will further support continued indigenisation in the sector and the extension of the company’s services in marine and offshore fuel logistics and... 

New initiative aims to increase smartphone access to narrow mobile Internet use gap

By: Natasha Odendaal     8th October 2021 Vodafone Group and the United Nation’s (UN’s) International Telecommunication Union (ITU) have partnered to launch an initiative aimed at identifying policy, commercial and circular-economy interventions to increase smartphone access. Of the 3.7-billion people not connected to the Internet,... 

South Africa to be removed from UK travel red list from Oct 11

By: Bloomberg     7th October 2021 The UK eased entry rules for 47 countries that were subject to the tightest Covid-19 restrictions, in the government’s latest step to shed travel curbs and revive tourism-dependent businesses. South Africa is among the countries that will be removed from the UK's travel red list from October 11. 

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