$10 billion
Investment committed by MTN in Africa's telecommunications infrastructure over the next five years. Investment in the sector is expected to expand to support trade growth under AfCFTA and with the introduction of new technologies, including 5G.
(The Guardian)
25%
Proportion of Shoprite's operational needs that will be fueled by renewable energy by 2026. The group already has a total of more than 480,000 square feet of solar panels on top of its 21 distribution centres and stores in South Africa and Namibia.
(BusinessTech)
5000
Number of small-scale farmers to be supported by Nestlé Nigeria Plc and Technoserve through their recently launched Developing Inclusive Grain Value Chains project. The seven-month project will enable more inclusive and transparent sourcing of maize, soybeans, millet and sorghum for Nestlé’s operations in Nigeria.
(The Sun)
1st
Twitter sets up its first African presence in Ghana. A statement announcing the launch explained that the choice of Ghana was because it's a champion for democracy, a supporter of free speech, online freedom, and the Open Internet, of which Twitter is also an advocate.
(Tech Crunch)
$15 billion
East African oil pipeline deal signed in Kampala (Uganda). The deal was 15 years in waiting since Uganda discovered commercially viable crude oil deposits. A key element of the project run by Total is the crude oil export pipeline to run from Uganda to the Indian Ocean at Tanga and Tanzania
(The East African)
61%
Number of oil tankers traffic that pass through Egypt's international waterway. This was revealed as Egypt pointed out that 422 ships had crossed when MV EVER GIVEN was still stuck noting that the accident has nothing to do with the depth as it occurred in the deepest spot of the canal.
(Egypt Today)
$1 billion
Estimated losses and damages caused by the blockage of Egypt's Suez Canal by the Ever Given container ship, according to the chairman of the Suez Canal Authority.
(Reuters)
65 cents
Farmgate price for Guinea-Bissau's cashews set for the April to September commercial campaign. This represents a 28% decrease from last season's price for the country's largest export crop, which has suffered from pandemic-related disruptions to the processing supply chain.
(Reuters)
3rd
Morocco has become the third global exporter of mandarins, according to the Association of Citrus Producers of South Africa. China has held its place as a top producer, with an average annual harvest of 21.68 million tonnes of mandarins.
(Food Business Africa)
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