AFRICA'S TOP 10 STORIES:
A RAFT OF DEVELOPMENTS SET TO ADVANCE MOROCCO’S INFRASTRUCTURE AND ECONOMY
The start of 2021 saw Morocco welcome a raft of major developments. Mid-month the third container terminal of the Tangier Med Port became operational with a capacity to handle 1.5 million containers per year, aiming to increase the capacity of the port and strengthen the country’s logistics sector. In parallel, the construction of the Agadir Technopark is nearly complete. The project is intended to support entrepreneurship and innovation, creating over 24,000 jobs, and boosting infrastructure development. Morocco is also looking to digitise the tourism space given the decline in visitor numbers over 2020. To minimise the effects of the Covid-19 pandemic, the Moroccan National Tourism Office has created a virtual platform – B2 Marruecos – to attract Spanish tourists and promote the tourism industry in the Spanish market through online workshops. Given the emphasis which Morocco is placing on maritime trade and infrastructure, the country also partnered with the World Bank in late January to launch the Regional Coastal Scheme in promoting the sustainable development of the coastline.
Source: GoIntelligence, World Bank; 2021
WEST AFRICA POSITIONS GAS AT CORE OF ENERGY SECURITY WITH THE ESTABLISHMENT OF NEW PROJECTS
Several countries in West Africa are moving forward with gas developments as part of energy mix diversification. In Nigeria, Enyo Retail and Supply, a leading downstream energy company, has launched its project to invest in 20 liquefied petroleum gas (LPG) plants. The project will increase the usage of gas while providing a cleaner energy source. The company will also invest in its first autogas filling station, as Nigeria shifts to a gas-driven economy. Concurrently, Globeleq, an independent power generation company, has expanded its power business in Nigeria, by acquiring a 74% stake in CPGNL, a Nigerian power business. Globeleq’s vision aligns with the country’s agenda to veer away from oil usage and towards cleaner power solutions such as gas. Further west, Ghana too is gearing toward the greater use of gas as part of the energy mix with the arrival of a floating regasification unit. The unit will allow Tema LNG Terminal Company, a liquefied natural gas (LNG) company, to deliver LNG to Ghanaians and increase gas usage as part of the energy mix.
Source: World Bank, Knoema, 2019
AFRICAN TOURISM WELCOMES NEW DEVELOPMENTS TO BOOST INDUSTRY POST-PANDEMIC
The African tourism sector has seen an uptick in developments this month, as countries seek solutions to the ongoing Covid-19 pandemic. Nigerian start-up Afriktrip launched an online marketplace to provide travellers with a seamless booking process. The marketplace will enable tourists to discover and book tours across Africa offered by both private companies and local tour guides. The island nation of Seychelles has also revealed that it is reviewing its entry requirement procedures in making the country more accessible to tourists in 2021 and beyond. Unvaccinated visitors will have to meet certain conditions to gain entry as the country seeks solutions to reinvigorate its tourism sector. Cooperation between nations is also high with the Rwanda Development Board and Rwanda Chamber of Tourism recently signing an agreement with the Kenyan Association of Travel Agents and the East African Tourism Platform to develop business and leisure travel in the region.
Safari tours in Kenya’s Masai Mara. This month Kenya and Rwanda have cooperated to develop business and leisure travel in the region. Image courtesy: NaturalWorldKenya/WikiCommons
KENYA’S DRAFT FILM BILL INTRODUCED TO ENHANCE FILM INDUSTRY
The Kenyan government has recently published the draft Film Bill, which is currently undergoing public review. The proposed bill looks to introduce more guidelines and procedures as the country’s film industry has been an area of much debate in terms of licensing and broadcasting. The draft bill details the government’s Film Policy and National Film Plan, which includes monitoring the implementation of the plan, while also providing further details on the establishment of National Film Entities, including the Kenya Film Commission, Kenya Film Academy, Kenya Film Classification Board and Kenya Film Fund. The bill is designed to enhance Kenya’s film industry by promoting local filmmakers, providing equal opportunity, and creating avenues for growth. Improving infrastructure and training is also feature in the bill, which could catalyse the development of Kenya’s film industry not just regionally but internationally and a meaningful contribution to the economy.
A Kenyan film crew capturing wildlife images. This month the Kenyan government has introduced the draft Film Bill, its aim is to introduce more guidelines and procedures to enhance the country’s film industry. Image courtesy: RonaldRobert/WikiCommons
THE COCA-COLA FOUNDATION SUPPORTS THE REPLENISH AFRICA INITIATIVE TO RESTORE SOUTH AFRICA’S WATER SUPPLY
The Coca Cola Foundation has backed the Replenish Africa initiative, a scheme set up to help restore South Africa’s struggling catchment areas and aquifers by clearing invasive species. The plan employs youth in economically deprived rural areas in five different locations around the country, including the Mpofu Dam that feeds Nelson Mandela Bay and the Wemmershoek Dam which plays a key part in the wart supply for Cape Town. To date, the initiative has cleared 3,400ha of invasive plants and ensured the additional supply of 1,5 billion litres of water annually. The South African initiative forms part of a broader continental strategy, which has been operating since 2009. Coca Cola’s overarching goal in supporting this project is more than simply philanthropic. With a physical presence in nearly every African market, and an absolute dependence on fresh water for its operations, the Coca Cola company and its RAIN Programme has become a key stakeholder in the future of potable water on the continent.
Source: Coca Cola Africa, 2020
Adams.Africa Advisory comprises an expert team with first-hand experience and knowledge, offering clients a diverse range of critical service offerings.
We can assist you with all your legal and research requirements in Africa. Contact our team of industry experts at Adams.Africa Advisory to find out more.