The Norwegian Investment Fund for Developing Countries (Norfund) has announced an investment of $7.4 million in Verde Beef Processing PLC, an Ethiopian beef producer.
Nigeria based logistics and distribution firm Courier Plus has opened a Nairobi branch as it mulls expanding to other countries in the region to sate the growing demand for logistical services.
Bechtel, a global leader in engineering, procurement, and construction, has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site.
Taking a step closer to completing a valuable new route for the global telecommunications sector, Angola Cables has announced the completion of the marine survey for the South Atlantic Cable System (SACS),
TradeMark East Africa has proposed the need to adapt its engagement in Burundi by investing in projects that strengthen new export potential value chains, enhance cross border trade and increase the country’s participation in the regional market.
According to Business Tech South Africa, approximately 60 per cent of South Africans currently earn less than R3,000 a month. This same segment of people are most likely to pre-pay, or "top up" their mobile airtime service plans
"As more African countries are increasingly looking to domestic capital markets to source much-needed financing for economic development, we are delighted to welcome Zambia and Ghana to the index and expect to include more countries to it as soon as reliable pricing information is made available".
MTN and Huawei have partnered to bring the first LTE Licensed Assisted Access (LAA) network in Africa. LTE LAA is an evolution of the LTE-Unlicensed mobile technology, which enables LTE to utilise unlicensed spectrum to significantly enhance network capacity.
The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular released on Friday, the apex bank instructed banks to revert to old charges and refund customers who had been debited.
GROHE, a world leading German brand in sanitary fittings is commemorating on April 22nd, World Earth Day through its commitment to innovative design with a strong focus on sustainability.
Dangote Flour Mill (DFM) owned by Africa’s richest man, Aliko Dangote announced that it has sold its noodles business and assets to Dufil Prima, makers of Indomie noodles for an undisclosed amount.
Kenya's leading grower and exporter of cut flowers, Oserian Development Company, has signed its workers to a mobile health insurance scheme becoming the first flower firm globally and large employer in the agricultural sector in Kenya to embrace e-health.
[Egypt] Vodafone in a multi-million-dollar partnership with Procera Networks to enhance broadband subscriber experience
Procera Networks has unveiled a multi-year, multi-million-dollar partnership with Vodafone Egypt to enhance the subscriber experience for its fixed and mobile subscribers.
Newmont Mining Corporation announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent.
Telecommunication Safaricom has signed a distribution agreement with Econet Media’s Kwesé TV, Africa's newest multi-platform Pay TV network, to deliver premium video content to Kenyan consumers.
Mastercard and prepaid processing and payments solutions provider Global Technology Partners (GTP) signed a partnership agreement that will result in the latest prepaid solutions being made available across Africa to government institutions, financial services and corporate sector and consumers.
Angola Cables completes system connecting Africa and the Americas to create new route for Internet traffic
Taking a step closer to completing a valuable new route for the global telecommunications sector, Angola Cables today announced the completion of the marine survey for the South Atlantic Cable System (SACS), as well as the start of cable loading on the Angolan side of SACS.
Nigeria’s trade with the United States (U.S.) rose by 70.44 per cent from $799.93 million in January and to $1.36 billion in February, according to the latest U.S. Census Bureau data.
Increased earnings from certain commodity exports have helped Uganda to record a surplus on its balance of payments of $222 million (Shs790b) during the quarter ended February 2017.
The International Monetary Fund has lowered its economic forecasts this year for two of the Arab world's largest economies, reflecting sluggish growth rates brought on from austerity reforms and continued low oil prices.