[allAfrica] Why good African businesses and projects can struggle to cross the funding redline

[allAfrica] For years, African finance ministers have made the same case at investor conferences and multilateral summits: the continent is not short of bankable projects, it is short of affordable capital. This week, that case took a tangible step forward. Legal & General Asset Management, one of Britain's largest institutional investors, launched the L&G LSF African Government Bond (USD) UCITS ETF -- the first exchange-traded fund of its kind available to European investors -- built on the

[Premium Times] Other industry leaders urged greater adoption of non-interest finance, describing it as a critical tool for mobilising long-term capital and supporting Nigeria's productive economy.

[SAnews.gov.za] The Department of Trade, Industry and Competition (the dtic) has supported 12 cosmetics companies to showcase their products at the Organic and Natural Products Expo Africa at the Sandton Convention Centre in Gauteng.

[SAnews.gov.za] Team South Africa has completed a mission to China aimed at unlocking critical investment for South Africa's energy infrastructure and strengthening cooperation with Chinese industrial players.

[Independent (Kampala)] Kampala -- Seventy-five years after its first brew, Uganda's original beer has once again earned international recognition for the consistent quality that has defined Bell Lager for generations.

[Liberian Investigator] GARDNERVILLE -- Movement for Progressive Change (MPC) Political Leader Simeon Freeman says his nearly completed US$4 million beverage manufacturing plant in Gardnerville will begin operations within the next 60 to 90 days, with the facility expected to create about 300 jobs and produce bottled water, juice and carbonated soft drinks.

[Capital FM] Nairobi -- Six sugar distributors and other businesses have sued the State over Sh173.58 million they say they are owed by South Nyanza, Chemelil and Muhoroni sugar companies after the mills were leased to private operators.

[Daily Trust] The Dangote Petroleum Refinery delivered over 400,000 tonnes of jet fuel to Europe in July.

[Namibian] National Unity Democratic Organisation member of parliament Vetaruhe Kandorozu has called for an independent audit and investigation into a series of fatal electrocution incidents involving employees in the electricity sector, saying repeated workplace deaths point to serious safety failures.

[Capital FM] Africa's richest man Aliko Dangote has mentioned Kenya as one of the top 10 African countries for investment, citing the opportunities available across the continent.

[Ghanaian Times] The Northern Regional Minister, Mr Ali Adolf John Mburidiba, has described climate change as one of the biggest threats to Ghana's socio-economic development.

[FrontPageAfrica] Monrovia -- Suspended Executive Director of the Independent National Commission on Human Rights (INCHR), Atty. Urias Teh-Pour, and the Commission's suspended Director for Planning, Internal Monitoring and Evaluation, Bah-Wah Brownell, have rejected their dismissal by the Commission's Acting Chairperson, describing the decision as unlawful, politically motivated, and part of what they called a campaign of personal vengeance.

[Daily Trust] A petrol-laden tanker exploded on Thursday night while discharging its contents at the AYM Shafa filling station in Garki Area III, Abuja, triggering a major fire that spread to nearby buildings.

[Capital FM] Nairobi -- African governments and aviation industry leaders are pushing for faster implementation of open-skies policies, warning that fragmented air transport markets are raising business costs and limiting the benefits of the African Continental Free Trade Area.

[AIM] Maputo -- The Civil Society Learning and Capacity Building Centre (CESC), a prominent Mozambican NGO, has challenged the Assembly of the Republic, the country's Parliament, to develop the necessary capacities to analyze the legislative merit of bills.

[Daily News] Dar es Salaam -- TANZANIA and Uganda yesterday signed a Memorandum of Understanding (MoU) to jointly develop the proposed Tanga Regional Energy Hub, marking a major step towards deeper energy cooperation, industrialisation and regional trade.

[Daily News] Dar es Salaam -- IN the third part of the Daily News Diplomatic Bench interview series, Tanzania's High Commissioner to Mozambique, CP Hamad Khamis, says the next phase of cooperation between the two nations should focus on building industries, strengthening regional value chains and unlocking new opportunities for investment, trade and employment.

[Ghanaian Times] More than a decade after Ghana joined the ranks of oil-producing nations, the country's upstream petroleum industry is facing a defining question: Is the steady decline in crude oil production the inevitable result of ageing oil fields, or has it been accelerated by years of underinvestment and slowing exploration?

[Daily News] Dodoma -- THE Tanzania Industrial Research and Development Organisation (TIRDO) has expanded its push for value addition by facilitating the construction of seven solar dryers across the country, with another currently under development to help curb postharvest losses.

[Independent (Kampala)] Dar es Salaam -- President Yoweri Kaguta Museveni of Uganda and Samia Suluhu Hassan of Tanzania have endorsed a landmark Memorandum of Understanding (MoU) aimed at reshaping East Africa's energy economy by shifting the region's focus from crude oil exports to building an integrated regional energy and industrial hub.

[Liberian Observer] Liberia Telecommunications Authority Chairman Clarence Massaquoi may have created a bigger problem for President Joseph Nyuma Boakai than he realizes.

[Daily News] Mwanza -- COTTON farmers have been urged to adopt good agricultural practices, to increase productivity and improve crop quality. The call was made on Wednesday in Ilemela Municipality by Cotton Board Agricultural Officer Onesmo Kiwango during training sessions held as part of the Nanenane exhibitions.

[Vanguard] ABUJA - Four persons sustained injuries on Thursday night after a petroleum tanker caught fire while discharging products at AYM Shafa Filling Station, beside the Federal Capital Territory Internal Revenue Service (FCT-IRS) office along Funmilayo Ransome-Kuti Way, Area 3, Garki, Abuja.

[Premium Times] The president said the private sector has a big role to play in the economy in creating jobs and supporting the government.

[Capital FM] Nairobi -- The government has announced sweeping reforms to tighten the management of its vehicle fleet, including the introduction of mandatory real-time tracking for all official vehicles, as part of a broader drive to curb misuse of public assets and enhance accountability.

[allAfrica]

[The Liquidity and Sustainability Facility] The Liquidity and Sustainability Facility (LSF) is pleased to welcome the launch of the L&G LSF African Government Bond (USD) UCITS ETF, developed by Legal & General Asset Management (L&G), it is the first of its kind available in Europe.

[Bird Story Agency] Tanzania produces more cotton than its textile industry can process, exporting most of its lint while garment factories and fashion designers import fabric. New investment could help close this industrial gap, creating manufacturing jobs and retaining more value at home.

[Bird Story Agency] Africa is beginning to reverse an age-old equation: exporting raw cotton and importing the value created from it. The challenge is to close the ''missing middle'', connect regional manufacturing strengths and scale a competitive industry that keeps jobs, skills and value on the continent.