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Common Fund for Commodities (CFC) – Call For Proposals

The Common Fund for Commodities (CFC) provides a range of financial and technical instruments to support projects proposed by enterprises, cooperatives and institutions along the entire commodity value chain in its member countries. These activities cover all segments of the value chain (including production, processing, financing, marketing etc.). The support is offered mainly through loans to finance equipment, working capital or trade finance needs. Project proposals incorporating innovative solutions for the commodity sector (e.g. new agritech applications, increase availability of renewable and affordable energy, expanding environmental services) are especially expected to be submitted. All interested parties are kindly invited to submit qualifying proposals no later...

Cote d’Ivoire: IFC leads financing for 390MW natural gas-fired power plant

The International Finance Corporation (IFC) announced the signing of a €303 million financing package for a new gas-fired power project in Côte d’Ivoire. The new Atinkou power plant consists of a 20-year concession to develop and operate a 390MW natural gas-fired power plant located about 40 kilometres west of Abidjan. By using highly efficient combined-cycle turbine technology, the plant will substantially contribute to reducing Côte d’Ivoire’s generation costs and GHG emissions, in part, through the displacement of older generation units. The sponsor of the project is the Eranove Group, a leading industrial group that manages a number of water and electricity assets in West and Central Africa. Read more...

SIERRA LEONE MINING & ENERGY CONFERENCE AND EXHIBITION (SLME)

SLME is the region’s latest international mining & energy conference and gathering of top mining & hydrocarbons executives, representatives of regional executive authorities, investors, banks, industry associations, service companies and equipment producers for three days of networking, knowledge sharing and business matching. 1 -3 April 2020 Freetown, Sierra Leone. Read more from source article: https://www.slminingandenergy.com/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Next Einstein Forum names 25 innovators at Nairobi gathering

The Next Einstein Forum (NEF) has announced the 25 finalists for its Challenge of Invention to Innovation (Ci2i) competition. They will pitch for a US$25,000 prize in each category, and get connected to investors in a one-of-a-kind ‘Sciencepreneur Investor Meetup. The finalists will also attend a lab-style bootcamp, held before the NEF Global Gathering. The bootcamp will involve pitch preparation and investment readiness sessions.  Read more from source article: https://disrupt-africa.com/2020/03/next-einstein-forum-names-25-innovators-competing-at-nairobi-gathering/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

10 African startups selected for the Westerwelle Young Founders Programme

Ten African entrepreneurs selected for the latest Westerwelle Young Founders Programme were last week in Berlin to attend the Young Founder Conference. Run by the Westerwelle Foundation for International Understanding, the programme aims to offer outstanding young entrepreneurs from developing and emerging countries six months of business mentoring. Read more from source article: https://ventureburn.com/2020/03/meet-10-african-startups-westerwelle-young-founders-programme/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Pension Funds and Alternative Investments Africa Conference

Following the great success of PIAfrica 2019, the 4th edition of Pension Funds and Alternative Investments Africa Conference is confirmed for 19 – 20 March 2020 in Mauritius. PIAfrica 2020 will bring together key stakeholders from the sector across Africa, industry experts and speakers for 2 days of intense debate & high-level networking. PIAfrica has been designed to provide a comprehensive view of pension funds and African Alternative investment market.  Attendants will have the opportunity to witness high level sessions presented by Central Banks and Government leaders. Leading Pension Funds and Investment Companies will share their views on the current investment climate, the strategies to overcome existing challenges and the opportunities available to savvy investors....

GFA Daily Digest Mon, Mar. 16, 2020

East Africa Ethiopian reforms attract investor interest Africa EWB Canada launches $24m Africa-focused tech venture fund North Africa 3rd North Africa Renewable Energy Summit West Africa What’s fueling the rapid hotel growth in West Africa? Our previous weekend articles are here: 1) https://getfundedafrica.com/2020/03/14/gfa-weekend-feature-funding-fintech-in-africa/ and here: 2) https://getfundedafrica.com/2020/02/22/gfa-weekend-feature-how-to-raise-funds-for-an-african-hotel/ GetFundedAfrica curates funding news across Africa and emerging markets. Subscribe & check out our March 2020 preview and events here: https://getfundedafrica.com/2020/02/29/gfa-march-2020-preview/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

What’s fueling the rapid hotel growth in West Africa?

Today, Africa is seen as one of the most promising regions for hotel developers. Aside from small chains and independents, four global hotel groups dominate signings and openings on the continent. Over the last four rolling quarters, as of September 2019, Accor, Hilton, Marriott International and Radisson Hotel Group have opened 2,800 rooms and signed deals for 6,600 rooms. Across Africa, hotel development remains important in most advanced economies, such as Morocco and South Africa; and projects are multiplying in East Africa, especially in Ethiopia, Kenya, Tanzania and Uganda. In an interview, Philippe Doizelet, managing partner for hotels at Horwath HTL, a hospitality consultant, identified...

3rd North Africa Renewable Energy Summit

Organized by PEAK Events, NARES has successful gather more than 350 industry leaders and 40+ speakers over the last two years. North Africa, as the suitable location for Solar PV and CSP growing and the high potential for wind energy, has been attracting more and more renewables players. It is no doubt an indispensable and potential market that deserves your attention and exploration. The 3rd North Africa Renewable Energy Summit will take place in Casablanca, Morocco during June 4-5, 2020. Focusing on Morocco, Tunisia, Algeria & Egypt, NARES 2020 will update you the latest policy, news and projects in this region, helping you to network with key Developers, EPCs, Financers, Suppliers, etc. Read more from...

EWB Canada launches $24m Africa-focused tech venture fund

Non-profit Engineers Without Borders (EWB) Canada has announced the launch of Hummingbird Impact, a US$24 million fund that will back the most promising and impactful tech ventures across Africa.  A registered charity that invests in people and ideas to tackle the most crucial causes of poverty and inequality, EWB Canada said Hummingbird Impact would provide early institutional capital and portfolio support to for-profit and impact-driven African tech ventures.  Read more from source article: https://disrupt-africa.com/2020/03/ewb-canada-launches-24m-africa-focused-tech-venture-fund/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...