<p><img src="https://biz-file.com/c/2411/757689-208x117.jpg?5" width="208" height="117" alt="Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity." align="left"><br><span >Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity.</span><p>Efforts to make smartphones more affordable in Africa are facing several unique challenges. It is not as simple as subsidising devices, there are prohibitive costs and gaps in local manufacturing. <i>Bizcommunity</i> gathered comment from industry leaders and policy makers who gathered at Africa Tech Festival 2024 to discuss these issues and explore solutions, including manufacturing models and revised regulatory approaches.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/solving-africas-smartphone-cost-struggle-700692a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253432">Send to a friend</a></p><div style="clear:left"></div>
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<p><img src="https://biz-file.com/c/2411/756869-208x117.jpg?5" width="208" height="117" alt="Fiyinfolu Okedare is director at Forvis Mazars in Nigeria" align="left"><br><span >Fiyinfolu Okedare is director at Forvis Mazars in Nigeria</span><p>Southern and West Africa have emerged as significant players in the upstream oil and gas sector on the global energy landscape. Companies with a proven record in the regions stand ready to attract substantial investments, particularly those with a history of operational success spanning five to ten years. Investors typically seek out companies with a demonstrable history of successful operations, as this minimises risk and enhances the likelihood of profitable returns. In both Southern and West Africa, several companies have established strong footholds through their commitment to operational excellence and sustainable practices.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/big-benefits-of-investing-in-africas-upstream-sector-033035a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253197">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2410/753365-208x117.jpg?5" width="208" height="117" alt="Gwede Mantashe delivered the opening keynote of the Ministerial Symposium at AOW" align="left"><br><span >Gwede Mantashe delivered the opening keynote of the Ministerial Symposium at AOW</span><p>Ministers and senior energy officials from over 20 African countries met privately to discuss urgent energy needs and create a sustainable energy vision. Part of the Africa Oil Week (AOW): Investing in African Energy event, this high-level meeting facilitated open discussions and strategic alignment. The AOW event aims to boost investment, build partnerships, and highlight Africa's significant energy potential.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/energy-ministers-kick-off-oil-conference-behind-closed-doors-585270a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=252336">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2409/752443-208x117.jpg?1" width="208" height="117" alt="Source: © 123rf Standard Bank Group and Meridiam hosted an event, Unlocking public infrastructure investment in South Africa, to unlock investment opportunities in alternate energy infrastructure on the continent" align="left"><br><span >Source: © 123rf [[www.123rf.com 123rf]] Standard Bank Group and Meridiam hosted an event, <i>Unlocking public infrastructure investment in South Africa,</i> to unlock investment opportunities in alternate energy infrastructure on the continent</span><p>Together Standard Bank Group and Meridiam hosted a joint event with the theme <i>Unlocking public infrastructure investment in South Africa,</i> to unlock investment opportunities in alternate energy infrastructure on the continent.</p><br> <a href="https://www.bizcommunity.com/article/standard-bank-and-meridiam-team-up-to-to-boost-opportunities-in-africas-energy-infrastructure-252557a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=410&c=647&ct=1&ci=252090">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2409/751557-208x117.jpg?5" width="208" height="117" alt="Source: Brics Competition Law and Policy Centre." align="left"><br><span >Source: Brics Competition Law and Policy Centre.</span><p>The Brics Competition Law and Policy Centre together with partners from China will develop the Brics commodities exchange system. The document was signed on the margins of the 2024 National Fair Competition Conference of China.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/brics-and-china-unite-for-a-groundbreaking-commodities-exchange-system-257407a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=1&c=518&ct=1&ci=251840">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2409/751365-208x117.jpg?5" width="208" height="117" alt="A view shows part of Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos. Source: Reuters/Temilade Adelaja" align="left"><br><span >A view shows part of Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos. Source: Reuters/Temilade Adelaja</span><p>Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/second-fuel-price-hike-in-nigeria-in-as-many-weeks-580680a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=251796">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2408/747969.jpg" width="208" height="117" alt="Why over 350 organisations share their news via a Biz Press Office" align="left"><p>Bizcommunity is your leading partner in business communications. Company and organisational news shared via our Press Office holders provides media coverage within a dedicated and trusted business-to-business environment.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/why-over-350-organisations-share-their-news-via-a-biz-press-office-038865a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=11&ct=1&ci=250967">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2408/746577-208x117.jpg?5" width="208" height="117" alt="Glencore has finally reached closure on the DRC criminal case" align="left"><br><span >Glencore has finally reached closure on the DRC criminal case</span><p>Glencore announced that the Office of the Attorney General of Switzerland (OAG) has closed its criminal investigation against Glencore International. The resolution includes a summary penalty order and an abandonment order. The miner was held criminally liable for failing to prevent the bribery of a Congolese public official by a business partner in 2011. This occurred in connection with the acquisition of minority stakes in two mining companies in the Democratic Republic of Congo.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/glencore-closes-drc-criminal-investigations-927334a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=608&ct=1&ci=250604">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2407/744812-208x117.jpg?5" width="208" height="117" alt="The Continental Energy Investment Forum 2024 brought together the Africa Energy Colloquium." align="left"><br><span >The Continental Energy Investment Forum 2024 brought together the Africa Energy Colloquium.</span><p>In a ministerial panel discussion at the Continental Energy Investment Forum 2024 held at the CTICC, government officials from across Africa shared their insights and strategies regarding the continent's energy transition, shedding light on the complexities and opportunities that lie ahead. The panel included representatives from Nigeria, Zambia, the Democratic Republic of Congo (DRC), and Sierra Leone, each presenting their unique challenges and approaches to balancing energy security with sustainable development.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/african-energy-ministers-call-for-more-collaboration-694651a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=250171">Send to a friend</a></p><div style="clear:left"></div>
<p><img src="https://biz-file.com/c/2407/743229-208x117.jpg?5" width="208" height="117" alt="TotalEnergies injected some positivity in its share price when news broke of its intention to exit the offshore gas project in South Africa." align="left"><br><span >TotalEnergies injected some positivity in its share price when news broke of its intention to exit the offshore gas project in South Africa.</span><p>As a major player in the oil and gas industry in 43 African countries, French company TotalEnergies seeks to develop local content in its operations in Africa. The company is rumoured to be pulling out of the South African offshore gas exploration project with the news causing a stock price rally back towards its all-time highs reached in 2024.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/despite-sa-plans-totalenergies-still-plays-key-role-in-africa-458509a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=249765">Send to a friend</a></p><div style="clear:left"></div>
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African Industry News
- #ATF24: Solving Africa’s smartphone cost struggleNovember 14, 2024 - 9:31 pm
- Big benefits of investing in Africa’s upstream sectorNovember 6, 2024 - 1:33 pm
- #AOW2024: Energy ministers kick off oil conference behind closed doorsOctober 7, 2024 - 9:29 pm