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Home2024May

Month: May 2024

Food & Agriculture

Chocolate-makers squeezed by high cocoa prices

May 23, 2024 African CEO Magazine Comments Off on Chocolate-makers squeezed by high cocoa prices

On his plantation in Muyuka in south-west Cameroon, Chief Orok John is inspecting the young cocoa plants. For several weeks now, he has been trying Read More

SME

A Night of Triumph: Divasity Celebrates Success with Unveiling of CEO and Launch of Groundbreaking Program

May 23, 2024 African CEO Magazine Comments Off on A Night of Triumph: Divasity Celebrates Success with Unveiling of CEO and Launch of Groundbreaking Program

In a dazzling display of innovation, inspiration and entrepreneurship, Divasity marked a momentous occasion as it celebrated the unveiling of its new CEO and the Read More

Energy, Oil and Gas

South Africa’s power utility to delay coal plants closures

May 21, 2024 African CEO Magazine Comments Off on South Africa’s power utility to delay coal plants closures

South Africa’s public power utility Eskom will delay the closure of some coal-fired power plants. Local media outlet Engineering News reported Monday (May. 20) that Read More

Construction

Volvo CE introduces new generation of wheel loaders

May 20, 2024 African CEO Magazine Comments Off on Volvo CE introduces new generation of wheel loaders

Volvo CE, a global leader in construction solutions, has released the H-generation L110H and L120H wheel loaders to replace the F and Gz models The Read More

Business Insights

Africa’s largest EV company set for further expansion

May 20, 2024 African CEO Magazine Comments Off on Africa’s largest EV company set for further expansion

Spiro, thought to be Africa’s largest electric vehicle (EV) company, has set its sights on further expansion following the signing of a US$50mn debt facility Read More

Business Insights

Africa’s Venture Capital landscape faces challenges

May 20, 2024 African CEO Magazine Comments Off on Africa’s Venture Capital landscape faces challenges

Recent years have been a rollercoaster for Africa’s venture capital scene. Investments in African startups surged from $1.3 billion to $4 billion between 2019 and Read More

FINTECH & INNOVATION

Next Step and AT4D Join Hands to Unleash Ethical AI’s Potential For People With Disabilities

May 17, 2024 African CEO Magazine Comments Off on Next Step and AT4D Join Hands to Unleash Ethical AI’s Potential For People With Disabilities

A new partnership between the Next Step Foundation and the Assistive Technologies for Disability Trust (AT4D) aims to overcome key obstacles impeding the ethical development Read More

Energy, Oil and Gas

Powerscreen extends coverage in Côte d’Ivoire and Nigeria

May 17, 2024 African CEO Magazine Comments Off on Powerscreen extends coverage in Côte d’Ivoire and Nigeria

Powerscreen, a provider of mobile crushing, screening, and conveying equipment and Terex brand, has extended its territory coverage for PX Equipment in West Africa The Read More

Technology

Kenya’s BuuPass Expands in Nigeria and South Africa by Acquiring QuickBus

May 15, 2024 African CEO Magazine Comments Off on Kenya’s BuuPass Expands in Nigeria and South Africa by Acquiring QuickBus

BuuPass, a Kenyan mobility startup, has acquired QuickBus with plans to extend its operations into Nigeria and South Africa. BuuPass, established in 2016, operates as a B2B2C Read More

FINTECH & INNOVATION

KuCoin Suspends Naira Services Amid Compliance Efforts

May 15, 2024 African CEO Magazine Comments Off on KuCoin Suspends Naira Services Amid Compliance Efforts

In a move to accelerate its compliance process, the cryptocurrency exchange KuCoin has temporarily suspended all peer-to-peer (P2P) Nigerian Naira (NGN) services and Fast Buy Read More

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