News

Absa Bank refinances Harmony Gold Limited’s existing term debt facility

08-18-2017 | 15:27:22
Absa Bank has successfully refinanced and upsized Harmony Gold Limited’s existing $250 million Term Debt to a 3 year $350 million facility.

Off grid solar will transform business in Nigeria, Lumos

08-18-2017 | 14:17:27
Lumos, the people behind one of the fastest growing off-grid solar companies in Africa, have said that the mobile solar revolution will transform Nigeria’s small-business economy.

Tuluntulu partners with Rhodes Business School and Nedbank to launch economic empowerment TV channel

08-18-2017 | 14:17:00
Tuluntulu, an African mobile content platform, has teamed up with Rhodes Business School and Nedbank to launch a new 24/7 economic empowerment TV channel on the Tuluntulu app.

Absa Bank Limited and China Development Bank conclude a $100 million agreement targeting SMEs

08-18-2017 | 11:45:29
Absa Bank Limited, a subsidiary of the Barclays Africa Group, has successfully concluded a five year $100 million Special Facility Agreement with the China Development Bank (CDB).

Bill Gates invests $15 million to digitize Tanzania’s health sector

08-18-2017 | 11:40:00
Bill Gates has announced a $15 million investment to help digitize Tanzania's health information systems and improve health data in the country.

Rwanda lays foundation stone of the $700 million Bugesera International Airport

08-18-2017 | 09:29:00
Rwanda’s President Paul Kagame has laid the foundation stone of the country’s newest transportation hub, the Bugesera International Airport.

Barclays Africa Group to collaborate with nine fintech companies to test potential for scaling tech based solutions

08-18-2017 | 09:21:06
Barclays Africa Group, one of Africa’s largest financial services group with close to 12 million customers, will collaborate with nine financial technology companies to rapidly explore promising new technology-based solutions.

Chad adopts mining policy and code aligned to the Africa Mining Vision

08-17-2017 | 15:14:24
The Government of Chad, in collaboration with the Coalition for Dialogue in Africa, ECA Capacity Development Division, and the African Minerals Development Center, organized a validation workshop of the revised Mining Policy and Mining Code.

Namibia, South Africa and Botswana entrepreneurs to benefit from $3 million Stanford Graduate School of Business program

08-17-2017 | 14:30:00
Stanford Graduate School of Business has announced a $3 million, three-year partnership with De Beers Group to empower young, budding entrepreneurs in Botswana, Namibia, and South Africa.

[Tanzania] Armadale completes first phase of drilling in the Mahenge Liandu graphite project

08-17-2017 | 14:23:14
Armadale, the AIM quoted Investment Company focused on natural resource projects in Africa, has announced the c ompletion of the first phase of Reverse Circulation drilling at its Mahenge Liandu Graphite Project in Tanzania
 
Features

Transport projects financed by the AfDB between 1967 and 2017 have benefited 450 million Africans

08-18-2017 | 15:20:07
Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa.

[Startup Interview] Hope Okoronkwo, Founder, L’insoumis Ghana Ltd

08-18-2017 | 09:11:00
Africa Business Communities interviews Hope Okoronkwo, the founder and CEO of L’insoumis Ghana Ltd. The startup has cut a niche in the menswear business targeting executives.

[Column] Bob Koigi: Keeping the African flower more competitive in the wake of climate change

08-18-2017 | 08:59:00
African countries notably Kenya and Ethiopia continue to feature prominently in the global flower industry with the sector being on a meteoric rise flower industry has been on a meteoric rise, both in production and exports.

[Free Webinar] Utilizing dynamic partnerships to ignite innovation in Africa

08-17-2017 | 08:02:00
This webinar addresses how Qualcomm® empowers stakeholders and innovators through access to multinational resources.

[Startup Interview] Axel Peyriere, Co-Founder, AfricarGroup

08-15-2017 | 12:58:00
Axel Peyriere is co-founder of the number one car classifieds websites in Africa, the AfricarGroup, which covers 22 countries and translated into 10 local dialects of the continent. His interview with Africa Business Communities:

[Column] Phyllis Wakiaga: Government economic policy must be clearly articulated for it to be effective

08-14-2017 | 16:26:09
The competitiveness and profitability of any business is hugely impacted by changes in market regulations and government policies

[Column] Lischa Gerstle: Foreign lenders should be aware of credit and loan requirements in South Africa

08-09-2017 | 10:39:00
When a foreign lender advances a loan to a South African borrower (or its group members), the South African Exchange Control Regulations, the National Credit Act and the financial assistance section of the Companies Act are of key relevance.

[Startup Interview] Brenda Achere, Chief Engagement Officer, Africa, MEDxCare

08-07-2017 | 13:31:00
Brenda Achere is Engagement Manager for Africa at MEDx eHealthCenter, a digital health solution headquartered in The Netherlands.

[Column] Bob Koigi: Why African passport makes great business and economic sense

08-03-2017 | 13:31:19
The decision by the African Union to introduce an African passport and abolish visa requirements for all African citizens is the most transformative and historic attempt the continent has ever made in opening up its borders to its people

[Column] Jens Ischebeck: Online Education - Linking up Africa with some of the best colleges in the world

08-03-2017 | 12:08:00
Bill Gates wrote in his 2015 letter to his foundation that soon, world class education will just be several computer taps away, regardless of where anyone lives.