Africa Business Communities


Last update04:44:24 PM

22/07/2014, 16:44
top-answers-for-abc-s-talk-it-out-segment-last-week On ABC’s talk-it-out segment, our question, “What should you consider as one great potential that Africa must concentrate on to help develop its economic growth and why?” brought some great answers. Here they are! Via Twitter Mark Afolabi (@marctita) – “Africa should focus on #afordableinternet access, because the future of the world is a knowledge based on the economy, the internet, its back bone...Read More
22/07/2014, 11:15
As Africa continues to yield substantial oil and gas discoveries such as the recent 'high quality' oil discovery made by Tullow in the Ngamia-2 well in Kenya, African governments will increasingly have to...Read More
22/07/2014, 10:41
PwC has announced it is increasing its investment in Africa and building closer links between PwC UK and PwC Africa, to meet increased demand for professional services as trade activity between the two...Read More
22/07/2014, 10:33
The U.S. Department of Commerce and Bloomberg Philanthropies, will on August 5, 2014, hold the U.S.-Africa Business Forum to create a new platform for trade, accelerate job growth, and encourage...Read More
22/07/2014, 10:28
Samsung Electronics is to build a TV factory in South Africa to meet rising demand on the continent.  A Samsung spokesman said the plant will be built in Durban, South Africa. According to Bloomberg,...Read More
22/07/2014, 10:00
As South Africa’s so-called Baby Boomers reach retirement age, around a third have no formal provision for their retirement and face the prospect of hardship. This serves as a wake-up call for Generations...Read More
22/07/2014, 09:25
From 21st to 31st of July 2014, the African Women´s Development Fund (AWDF) in collaboration with Uganda Women Writers Association (Femrite) will host the first ever regional non-fiction workshop for...Read More
21/07/2014, 14:53
Airtel Kenya in partnership with Apple Inc., makers of the iPhone range of smartphones, has today launched the iPhone 5s on the Airtel network. With this announcement, Airtel will officially stock the...Read More
21/07/2014, 14:46
East African oil and gas discoveries are poised to fundamentally transform the economies of the region as the fuel resources usher in new investment in road, rail, power and industrial infrastructure,...Read More
21/07/2014, 13:52
The International Air Transport Association (IATA) published a report setting out the considerable social and economic benefits of intra-African air service liberalization. The report by the experienced...Read More
21/07/2014, 13:45
Flyht Aerospace Solutions Ltd. has reported that it has signed a contract with the national carrier of an African airline for the sale and delivery of the Automated Flight Information Reporting System for...Read More
21/07/2014, 13:37
At Farnborough International Airshow on 16th July,  Air Mauritius announced its decision to replace its existing fleet of A340-300s with six new generation Airbus A350-900 aircraft. This major decision...Read More
21/07/2014, 13:24
South Africa launched a set of limited edition gold and silver coins on Friday (July 18) to honour former president Nelson Mandela on what would have been the late anti-apartheid hero's 96th...Read More
21/07/2014, 13:18
After receiving the Securities and Exchange Commission (“SEC”) of Nigeria’s approval to establish a NGN 160 billion (approximately USD 1 billion) Medium Term Note (MTN) Programme and “No Objection” from...Read More
21/07/2014, 13:10
Residents in Accra, Ghana, will soon enjoy  Pinocchio, the best Italian gelateria in the city, is now available on  and offers a choice of either 750 ml or 1L sizes of over 20 homemade,...Read More
21/07/2014, 12:19
IFC, a member of the World Bank Group, Natixis and Standard Bank Group today announced that they have participated in a $500 million trade finance facility, arranged and lead by Natixis, to finance...Read More
21/07/2014, 12:10
AngloGold Ashanti has signed a $140 million deal with APA Group to build a natural gas pipeline for its eastern Goldfields mines. The 292km pipeline could save the South African giant millions of...Read More
21/07/2014, 11:18
To commemorate this poignant, yet auspicious occasion, Sasol  hosted the Nelson Mandela Children’s Hospital Trust (NMCHT) at its offices in Rosebank, Johannesburg. Sasol has committed R20m to the building...Read More
18/07/2014, 13:09
Lamudi, Nigeria’s leading online property platform has announced that it has crossed the 20,000 listings mark in the country. Having only launched in Nigeria nine months ago, this is a remarkable...Read More
18/07/2014, 12:32
African Petroleum Corporation is pleased to announce that it has entered into an agreement with Buried Hill Africa Limited (“Buried Hill”) to farm-out a 10% interest in Block CI-509 offshore Côte d’Ivoire...Read More
18/07/2014, 12:23
The African Petroleum Corporation's subsidiary African Petroleum Sierra Leone Limited has signed a contract to acquire more than 1,000 sq km of 3D seismic data on Block SL-4A-10, offshore Sierra Leone in...Read More
18/07/2014, 11:34
South African Airways (SAA) has been named the Best Airline Africa for the twelfth consecutive year. Feedback from SAA’s customers also ensured that SAA walks away with the Best Airline Staff Service...Read More
18/07/2014, 11:26
Effective 16 July, KLM Royal Dutch Airlines will offer 24/7 service via LinkedIn, allowing customers to approach the airline with general and flight-related queries on topics such as seat reservations,...Read More
17/07/2014, 17:15
A joint venture between Vietnamese telecommunications group Viettel and Mozambique's SPI company has won the Judges' Award: "Best Mobile Innovation Award". This is the most notable prize among the 18...Read More
17/07/2014, 12:42
The Managing Director of the Ghana Netherlands Chamber of Commerce Nico van Staalduinen has cautioned Ghana not to consider banning the importation of chicken. There have been calls for government to ban...Read More
17/07/2014, 12:19
IFC, a member of the World Bank Group, today announced that it will participate up to $150 million in a $450 million trade finance facility arranged by Natixis to finance Ethiopia’s import of refined...Read More
17/07/2014, 12:16
The seasonally adjusted composite Trade Activity Index (TAI) increased slightly by two index points to 52 in June 2014 after declining by 1 point to 50 in May 2014. Although overall trade conditions...Read More
17/07/2014, 12:13
Tullow Oil plc has announced that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT). Following the completion...Read More
17/07/2014, 11:27
In Ghana, visiting markets especially on Saturday mornings is an old culture among the women. Journeys are made to Makola, Abgogbloshie and Mallam Atta among a few to buy weekly supplies for homes.The...Read More
17/07/2014, 10:32
To envision challenges and solutions we may face in feeding 9 billion people anticipated by 2050, we can look to developing economies and countries that epitomize the difficulty and reward of planning for...Read More
17/07/2014, 10:29
MTN Business has enhanced its Cloud offering with the addition of five new services to the MTN Cloud bouquet. The services, which range from marketing tools to security and accounting products, aim to...Read More
17/07/2014, 10:23
Orange has opened today West Africa’s first very large-capacity IP Point of Presence (PoP). The operational launch of this facility, which is located in Abidjan, Côte d’Ivoire, is set to enhance Internet...Read More
17/07/2014, 10:09
Olam Nigeria, a subsidiary of Olam International Limited (Olam), a Singaporean agri-business venture with other interests in Nigeria, announced that it has established an integrated rice plant in Nasarawa...Read More
16/07/2014, 13:06 in a statement released have identified added value of the online marketplace to include opportunities to increase revenue, ability to open 24 hours a day, 7 days a week and the capacity to...Read More
16/07/2014, 12:50
South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass™. MasterPass enables consumers to...Read More
16/07/2014, 12:24
Africa Oil Corporation announces that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a total depth of 2,468...Read More