This week Miranda & Associados bring you news on power generation in Angola, Cape Verde and Mozambique, progress in the negotiation of the Greater Sunrise Project in Timor-Leste, international recognition of the work carried out by Miranda Allliance, and other major developments in our jurisdictions.

New FinTech platforms have played a critical role in recent years in improving financial inclusion in Africa. This trend is set to continue with their growth potential unlocking greater economic prosperity. 

TAQA Dalbit has announced the commissioning of Tanzania’s first integrated Compressed Natural Gas (CNG) Filling Station and Conversion Center branded “Master gas” located at Pugu Road-Airport Area in Dar es Salaam, Tanzania.

Liquid C2, a business of Cassava Technologies, a pan-African technology group, has signed a Memorandum of Understanding (MOU) for a strategic partnership with Google Cloud in Africa.

The Guaranty Trust Fashion Weekend is a consumer-focused fashion exhibition and capacity-building event that aims to promote enterprise within the fast-growing Nigerian Fashion Industry.

The October Edition of Addleshaw Goaddard’s Africa business newsletter includes: an overview of the current arbitration landscape in Africa, highlights of the latest trends and developments in Africa-related arbitrations, and a list of selected matters and references that our teams have recently handled.

Recent years have seen a hardening of the insurance markets, having a significant impact on underwriting criteria and reinsurance renewals through reduced market capacity with onerous and more costlier terms, than ever before.

To coincide with the launch of their new Cairo office, Knight Frank has launched their inaugural Destination Egypt report, which explores the latest trends and findings in Egypt’s real estate market.

 Absa has launched their Africa Financial Markets Index for 2023. The purpose of the index is to show how economies can reduce barriers to investment and boost sustainable growth. The report shows that despite the challenges ahead, Africa is steadily gaining momentum on a path to socio-economic prosperity through its continued development within ESG market frameworks, digital technologies and strengthening legal frameworks. 

FITCC returns this year in Houston, bringing together the powerhouses operating in the commodity, service, creative, fashion and fintech sectors in Nigeria, Houston Texas and the wider American market, to promote Nigeria’s Non-Oil Exports and facilitate integrations to global supply-chain networks via partnerships, co-creation opportunities and foreign direct investments.

Lagos Free Zone (LFZ), the first deep sea port-based private free trade zone in Nigeria has won Industrial Champion category of the Global Free Zones of the Year 2023 awards by the fDi Intelligence

In a groundbreaking move for Nigeria's mining sector, Africa Finance Corporation (AFC),the Solid Minerals Development Fund of Nigeria (SMDF), and Xcalibur Multiphysics have joined forces to enhance the landscape of geo-scientific data and geological mapping for early-stage mining projects in Nigeria.

As this year marks Oxford Economics' 20th anniversary, we are thrilled to invite you to join us for their flagship Africa briefing. Oxford Economics will provide you with a deep dive into the global economic outlook, explore Africa’s alternative funding strategies during challenging times and unpack South Africa’s political economy in the lead up to next year’s general elections.

Afreximbank just hosted the 7th annual Babacar Ndiaye lecture on 14th October 2023. The lecture, which was held at the Fairmont Royal Palm Hotel in Marrakech, Morocco, was under the theme “The New World Order and the Future of Entrepreneurship in Africa”.

Control Risks and Oxford Economics Africa have released the 2023 edition of the Africa Risk-Reward Index, which combines the expertise of both organisations to provide data-driven insights for decision-makers focused on Africa.

Hussain Al Nowais, Chairman of AMEA Power, underlines the importance of alternative funding sources in backing the COP28 Presidency's push for expanded climate finance, vital for advancing Africa's energy transition and climate mitigation efforts.

This week Miranda brings you news on the energy sector in Angola, Cameroon and Portugal, tax cuts in Equatorial Guinea, a new MCC Compact in Mozambique, a significant breakthrough in relations between Timor-Leste and China and other major developments in our jurisdictions.

Discover the Future of Financial Excellence for Insurers. Learn how FIS' treasury and reconciliation solutions can help insurers streamline their financial operations, reduce risks, and comply with regulatory requirements. Join the FIS webinar, in collaboration with Kenbright, to learn how they can help you transform and streamline your insurance firm’s back office.

Welcome to the September edition of Addleshaw Goddard’s Africa Business Newsletter. The articles in this report highlight the developments in mass transportation systems in about 6 African cities over recent years, their unique features and challenges faced in the development and roll-out of these transportation systems.

Sharm El-Sheikh, 26 September– Africa Finance Corporation, the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM).