African leaders reviewed the continent’s progress in industrialisation, economic diversification, and the African Continental Free Trade Area (AfCFTA) in the context of global shocks, debt vulnerabilities, climate change, and security concerns
Commerce
FedEx establishes presence in Nigeria to support customers' shipping requirements
FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the country’s growing international shipping demand
IFC and Airtel Africa partner to connect people across Africa
To support universal and affordable broadband access in Africa, and the opportunities that come with increased connectivity, IFC has announced a loan to Airtel Africa to help connect millions of new subscribers to mobile internet in six African countries
Africa Data Centres to expand Sameer facility in Nairobi by 15MW of IT load
Africa Data Centres, a business of Cassava Technologies a pan-African technology group, has secured a piece of land adjacent to its existing data centre in Nairobi, Kenya, and plans to expand the facility up to an extra 15MW of IT load
Cellulant and Solv Kenya partner in payments deal to Serve MSME
Leading Pan-African payments provider Cellulant and MSMEs-focused B2B digital platform Solv Kenya have signed a financial services partnership that will enable Solv Kenya’s expanding MSME partners to access digital payment and collections services offered by Cellulant