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West Africa Hub:
Plateforme industrielle de Diamniadio
Bâtiment Administratif 5eme étage
Diamniadio
Senegal

East and Central Africa Hub:
Kigali – Rwanda
Kigali Business Center (KBC)
Kacyru, Kigali
Rwanda

Info –  derrick.denecker@ecosystemholdings.africa
Derrick de Necker – +27606568137

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    Africa’s COVID-19 death rate surpasses global level

    Africa’s COVID-19 case fatality rate has now surpassed the global level, the head of Africa’s Center for Disease Control announced on Thursday. Since the pandemic began, the continent’s case fatality rate has remained below the global average, Africa CDC head John Nkengasong told reporters. “The case fatality rate is beginning to be very worrying and […]

    EU halts payment of 90 million euros in aid to Ethiopia over humanitarian crisis in Tigray

    The European Union has halted the payment of about 90 million euros in budget support to Ethiopia due to the bloc’s concerns over the crisis in the Tigray region. According to an internal EU document, the delay is meant to reinforce the EU’s request for a response from Ethiopia’s government over the bloc’s calls for […]

    Guinea President Alpha Conde vows to tackle graft and govern differently

    Guinea’s President Alpha Conde has promised to fight corruption as he took an oath of office to serve a controversial third term. At a swearing-in ceremony held in Conakry after his victory in the bitterly-contested October 18 presidential elections, Conde said he planned to govern the West African nation of nearly 13 million people in […]

    Netflix appoints Zimbabwean billionaire Strive Masiyiwa to its board

    Netflix has appointed Zimbabwean billionaire Strive Masiyiwa to its board, becoming the firm’s first African director as it eyes new markets for future growth. Masiyiwa is the founder and executive chairman of Econet Global, a telecommunications company that operates across Africa, Asia, Europe and Latin America. Econet offers phone broadband and satellite service, and is […]

    South Africa’s Eskom to record $1.47 billion loss in 2020/21 financial year

    South Africa’s power utility – Eskom – will record a fourth consecutive full-year loss as it struggles to deal with ongoing financial and operational challenges. The firm announced in a statement that the loss will rise to $1.47 billion in the financial year ending March compared to about $1.37 billion in previous year. “Significant financial […]

    Ghana’s economy contracts again in third quarter

    Ghana’s economy shrank for a second time in the third quarter, even as the government eased restrictions imposed to curb the spread of the coronavirus pandemic. Government statistician Samuel Kobina Annim told reporters in the capital Accra that gross domestic product (GDP) decreased 1.1% in the third quarter compared to a similar period last year. […]

    Eswatini’s prime minister becomes first global leader to die of COVID-19

    Eswatini Prime Minister Ambrose Dlamini, has died at age 52, after battling a bout of COVID-19 illness in neighboring South Africa. Dlamini tested positive for COVID-19 four weeks ago and was rushed across the border on December 1 for medical care. At that time, Deputy Prime Minister Themba Masuku said Dlamini was stable and responding […]

    African Continental Free-trade Area could unlock $84 billion in exports

    The African Continental Free-Trade Area could help to realize more than $84 billion in untapped intra-African exports, a new report by the African Export-Import Bank reveals. Trade under the pact is due to begin from January 1, and if the export potential is tapped under the deal, intra-continental trade could rise to more than $231 […]

    Nigeria’s inflation hits three-year high

    Nigeria’s inflation sharply rose to a three-year high in November as food prices increased due to dollar shortages, insecurity in farmlands, and supply bottlenecks fuelled by the COVID-19 pandemic. According to the National Bureau of Statistics, consumer prices jumped 14.9% from the previous year, compared with 14.2% in October. The food index, which accounts for […]

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