Sub-Saharan Africa

Kasada Secures Strategic Partnership With IFC to Support the Hospitality Sector in Sub-Saharan Africa

Retrieved on: 
Tuesday, July 27, 2021
Professional services, Commercial Building & Real Estate, Lodging, Finance, Construction & Property, Travel, Banking, Geography of Africa, Sub-Saharan Africa, Kasada Capital Management, IFC, Proparco, KASADA CAPITAL MANAGEMENT, IFC, PROPARCO

Kasada Capital Management (Kasada), the investment platform within Kasada Group dedicated to hospitality investments in Sub-Saharan Africa, today announced that IFC will form a partnership with Kasada Hospitality Fund LP by providing senior loan financing to accelerate Kasadas strategy of building a strong and resilient hotel portfolio across sub-Saharan Africa.

Key Points: 
  • Kasada Capital Management (Kasada), the investment platform within Kasada Group dedicated to hospitality investments in Sub-Saharan Africa, today announced that IFC will form a partnership with Kasada Hospitality Fund LP by providing senior loan financing to accelerate Kasadas strategy of building a strong and resilient hotel portfolio across sub-Saharan Africa.
  • IFC will extend up to US$160 million of debt funding to Kasada, backing its plan to support the hospitality sector and instil globally recognised ESG practices in its hotels.
  • IFC has established this strategic partnership with Kasada to help build a large-scale tourism platform and support the hospitality sector as it navigates the short- and long-term economic impacts of the COVID-19 pandemic.
  • Kasada Capital Management is an independent investment platform within the Kasada group, dedicated to hospitality investments in Sub-Saharan Africa.

Oryx Energies and Sadio Mané: A shared history with Africa « POWERED BY AFRICA »

Retrieved on: 
Thursday, June 17, 2021
Continents, Africa, Countries, Oryx, Sub-Saharan Africa, Sadio Mané, DaKAR, SENEGAL

DAKAR, Senegal, June 17, 2021 /PRNewswire/ -- Oryx Energies has chosen the football player, Sadio Man, as the Symbolic figure of its new campaign Powered by Africa where Oryx Energies has been present for more than 30 years.

Key Points: 
  • DAKAR, Senegal, June 17, 2021 /PRNewswire/ -- Oryx Energies has chosen the football player, Sadio Man, as the Symbolic figure of its new campaign Powered by Africa where Oryx Energies has been present for more than 30 years.
  • This partnership affirms Oryx Energies' values, vision and its continuous desire to promote this rapidly expanding continent which is full of potential.
  • Oryx Energies and Sadio Man:a distinct, harmonious and unprecedented partnership in Africa
    Today, Oryx Energies announced a major partnership with an international football figure, the iconic player Sadio Man.
  • Oryx Energies to activate its first campaign in 2021 with Sadio Man: Powered by Africa
    This collaboration will surge by a major promotional campaign in sub-Saharan Africa, marked by a strong joint message Powered by Africa, through which Oryx Energies hopes to highlight and promote the large potential for development and growth in sub-Saharan Africa.

Oryx Energies and Sadio Mané: A shared history with Africa « POWERED BY AFRICA »

Retrieved on: 
Thursday, June 17, 2021
Continents, Africa, Countries, Oryx, Sub-Saharan Africa, Sadio Mané, DaKAR, SENEGAL

DAKAR, Senegal, June 17, 2021 /PRNewswire/ -- Oryx Energies has chosen the football player, Sadio Man, as the Symbolic figure of its new campaign Powered by Africa where Oryx Energies has been present for more than 30 years.

Key Points: 
  • DAKAR, Senegal, June 17, 2021 /PRNewswire/ -- Oryx Energies has chosen the football player, Sadio Man, as the Symbolic figure of its new campaign Powered by Africa where Oryx Energies has been present for more than 30 years.
  • This partnership affirms Oryx Energies' values, vision and its continuous desire to promote this rapidly expanding continent which is full of potential.
  • Oryx Energies and Sadio Man:a distinct, harmonious and unprecedented partnership in Africa
    Today, Oryx Energies announced a major partnership with an international football figure, the iconic player Sadio Man.
  • Oryx Energies to activate its first campaign in 2021 with Sadio Man: Powered by Africa
    This collaboration will surge by a major promotional campaign in sub-Saharan Africa, marked by a strong joint message Powered by Africa, through which Oryx Energies hopes to highlight and promote the large potential for development and growth in sub-Saharan Africa.

Zoetis A.L.P.H.A. Initiative Improves Livestock Health and Farmers’ Livelihoods in Sub-Saharan Africa with 1.7 billion Doses of Vaccines and Medicines administered in Four Years

Retrieved on: 
Thursday, June 10, 2021
Biotechnology, Health, Veterinary, Pharmaceutical, Clinical trials, Meat industry, Madison, New Jersey, Pfizer, Zoetis, Livestock, Sub-Saharan Africa, Vaccine, Medical specialties, Companies, Pharmaceutical companies, A.L.P.H.A., Zoetis, A.L.P.H.A., ZOETIS

Livestock health and farmers livelihoods have been dramatically improved in Sub-Saharan Africa, following the administration of 1.7 billion doses of vaccines and medicines and over 650,000 diagnostic tests through Zoetis African Livestock Productivity and Health Advancement (A.L.P.H.A.)

Key Points: 
  • Livestock health and farmers livelihoods have been dramatically improved in Sub-Saharan Africa, following the administration of 1.7 billion doses of vaccines and medicines and over 650,000 diagnostic tests through Zoetis African Livestock Productivity and Health Advancement (A.L.P.H.A.)
  • Animal health is extremely important in contributing to sustainable development goals and economic opportunities in Africa.
  • Four years ago, there were just four Zoetis products available to farmers in Sub-Saharan Africa to address the health of their herds.
  • Approximately 70% of the worlds extreme poor depend upon livestock, making animal health solutions necessary for sustainable livestock production1.

Shoreline Biome Partners with Inqaba Biotechnical Industries to Accelerate Microbiome Research in Sub-Saharan Africa

Retrieved on: 
Thursday, June 3, 2021
Microbiome, Sub-Saharan Africa

FARMINGTON, Conn., June 3, 2021 /PRNewswire-PRWeb/ -- Shoreline Biome , a microbiome research company that develops complete solutions for characterizing microbiome populations down to the strain level, has entered into a partnership with Inqaba Biotechnical Industries (Pty) Ltd for product distribution and StrainID services in Sub-Saharan Africa.

Key Points: 
  • FARMINGTON, Conn., June 3, 2021 /PRNewswire-PRWeb/ -- Shoreline Biome , a microbiome research company that develops complete solutions for characterizing microbiome populations down to the strain level, has entered into a partnership with Inqaba Biotechnical Industries (Pty) Ltd for product distribution and StrainID services in Sub-Saharan Africa.
  • Inqaba Biotechnical Industries (Pty) Ltd, trading as inqaba biotec, is a unique South African genomics company headquartered in Muckleneuk, one of the oldest suburbs in Pretoria with a broad footprint in sub-Saharan Africa.
  • Shoreline Biome accelerates breakthroughs in microbiome research by developing transformative discovery tools that characterize microbiome populations down to the strain level.
  • Dr. Oliver Preisig, Inqaba Biotechnical Industries (Pty) Ltd, +27 12 343 5829, [email protected]

African countries commit to double agricultural productivity as development banks, institutions pledge US$17 billion to increase food security

Retrieved on: 
Friday, April 30, 2021
Organizations, Articles, United Nations, CGIAR, Rockefeller Foundation, World Bank, International Fund for Agricultural Development, African Development Bank, Adesina, Food security, Sub-Saharan Africa, Global Forum on Agricultural Research and Innovation

The event was hosted by the Africa Development Bank (AfDB) and the UN\'s International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, on 29 and 30 April.\nThe US$17 billion in financial pledges came from AfDB, IFAD, the Islamic Development Bank Group the Arab Bank for Economic Development in Africa.\n"Let us now forge, today, a stronger partnership: a partnership for greater scale!

Key Points: 
  • The event was hosted by the Africa Development Bank (AfDB) and the UN\'s International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, on 29 and 30 April.\nThe US$17 billion in financial pledges came from AfDB, IFAD, the Islamic Development Bank Group the Arab Bank for Economic Development in Africa.\n"Let us now forge, today, a stronger partnership: a partnership for greater scale!
  • A partnership to take technologies and innovations to hundreds of millions of farmers," said African Development Bank president Dr. Akinwumi A. Adesina in an address to leaders.\n"We praise the African leaders\' commitment to increase agricultural productivity and improve food security for millions of Africans," said IFAD President Gilbert F. Houngbo.
  • "By modernizing African agriculture, small-scale farmers will be in a better position to bring more affordable food to consumers and create decent livelihoods for millions of young Africans involved in the processing, storage and marketing of food.
  • "\nSub-Saharan Africa has a quarter of the world\'s arable land but only produces 10 per cent of its agricultural output.

MFS Africa now reaches over 320 million mobile money wallets, covering 60% of all mobile wallets in sub-Saharan Africa

Retrieved on: 
Monday, March 29, 2021
GSMA, Sub-Saharan Africa, Africa, Articles

Based on the 2021 State of the Industry report on Mobile Money released by the GSMA, this means that the company covers 60% of all mobile money wallets in sub-Saharan Africa.

Key Points: 
  • Based on the 2021 State of the Industry report on Mobile Money released by the GSMA, this means that the company covers 60% of all mobile money wallets in sub-Saharan Africa.
  • Dare Okoudjou, CEO and founder of MFS Africa, commented on the latest numbers: "In 2010, MFS Africa took a bet that mobile money accounts would be the most dominant form of financial accounts in Africa and emerging markets at large.
  • We are now in a position to make that a reality for over 320 million accounts in Africa.
  • Connected to over 320 million mobile money wallets in Sub-Saharan Africa, MFS Africa offers its partners unparalleled reach for scale across the continent.

Eisenhower Fellowships Launches 2021 Africa Program for Regional Leaders Fighting Climate Change

Retrieved on: 
Tuesday, February 2, 2021
Orders, decorations, and medals, Orders of chivalry, Awards, Diplomacy, Eisenhower Fellowships, Sub-Saharan Africa, Dwight D. Eisenhower, Africa, Climate change

PHILADELPHIA, Feb. 2, 2021 /PRNewswire-PRWeb/ --Confronting the urgent challenge of climate change, Eisenhower Fellowships (EF) seeks outstanding applicants from the African subcontinent for its innovative Fall 2021 Africa Program .

Key Points: 
  • PHILADELPHIA, Feb. 2, 2021 /PRNewswire-PRWeb/ --Confronting the urgent challenge of climate change, Eisenhower Fellowships (EF) seeks outstanding applicants from the African subcontinent for its innovative Fall 2021 Africa Program .
  • Exceptional leaders from other countries with a track record of working regionally also will be considered.
  • In the fall of 2016, EF hosted the first regional program in its history dedicated exclusively to Sub-Saharan Africa.
  • "If you are a young African leader who wants to fight climate change and improve the quality of life in Africa, we're looking for you."

ALYI Electric Vehicle Program Leads Sub Saharan Africa Electric Vehicle Trend

Retrieved on: 
Tuesday, February 2, 2021
Electric vehicle, Sustainable transport, Sub-Saharan Africa, Electric vehicle, Transport

The article includes data that ALYI management asserts as a validation of the ALYI electric vehicle ecosystem strategy targeted on Sub Saharan Africa starting in Kenya.

Key Points: 
  • The article includes data that ALYI management asserts as a validation of the ALYI electric vehicle ecosystem strategy targeted on Sub Saharan Africa starting in Kenya.
  • ALYI's Revolt Electric Motorcycle Program is only a small part of the company's comprehensive strategy to build a far-reaching electric vehicle ecosystem.
  • ALYI is building its electric vehicle ecosystem in a region with one of the lowest per capita transportation ratios in the world, Sub Saharan Africa.
  • ALYI is setting itself apart from the rest of the electric vehicle industry not only through its electric vehicle ecosystem strategy, but also through its commitment to democratize the electric vehicle ecosystem.

Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest

Retrieved on: 
Tuesday, January 19, 2021
Finance, Consulting, Professional services, Lodging, Travel, Geography of Africa, Sub-Saharan Africa, Accor, Companies, Places, Economy of France, Kasada Capital Management, AccorInvest

Funds advised by Kasada Capital Management today announced the first transaction made through the debut fund, Kasada Hospitality Fund LP (Kasada), acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.

Key Points: 
  • Funds advised by Kasada Capital Management today announced the first transaction made through the debut fund, Kasada Hospitality Fund LP (Kasada), acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.
  • AccorInvest is owner and operator of a property portfolio of more than 880 hotels, owned and leased, located across 28 countries in Europe, Latin America and Asia.
  • The sale of the portfolio of hotels in Sub-Saharan Africa to Kasada marks the refocusing of its investment strategy on Europe, positioning Kasada as the market leader in Sub-Saharan Africa.
  • Kasada Capital Management is an independent investment platform within the Kasada group, dedicated to hospitality investments in Sub-Saharan Africa.