News

African Trade Insurance Agency launches in Côte d'Ivoire, targets support of $2 billion of investments and trade

09-19-2017 | 12:50:00
Côte d'Ivoire has become the latest member of the African Trade Insurance Agency (ATI).

[South Sudan] UNIDO and Japan unveil small scale business development project in Juba

09-19-2017 | 12:46:00
The United Nations Industrial Development Organization (UNIDO) and the Government of Japan’s “Increased resilience and self-help capacities for reconstruction of livelihoods and sustained nutritional food security in South Sudan

Dangote Foundation, GBCHealth, join forces to build Coalition on Health

09-19-2017 | 12:29:00
Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.

Olam invests $150m to boost its Nigeria food business

09-19-2017 | 12:21:44
Olam International Ltd. invested $150 million in animal-feed mills and poultry farms in Nigeria as it seeks to boost its agribusiness venture in Africa’s biggest food market by population.

[South Africa] Rand Merchant Investment’s AlphaCode makes fourth investment: Luno, international bitcoin platform

09-19-2017 | 11:07:00
Luno today announced its expansion into 35 new markets across Europe, and R120 million Series B funding round, led by London-based Balderton Capital, one of Europe’s leading venture capital firms.

[Ghana] 25 banks still below 50% of new capital requirement

09-19-2017 | 10:52:00
Over 25 banks in the country will have to race against time to meet the new capital requirement announced by the Bank of Ghana (BoG) as their current capital is less than 50 percent of the 400 million cedis quoted by the central bank.

Infinix seeks smartphone deal with Telecom Egypt

09-19-2017 | 10:37:00
Infinix is about to sign an agreement with Telecom Egypt to supply the company with smartphones. Infinix business development manager Ahmed Wagih said negotiations are at an advanced stage.

[Tanzania] Russell IPM's Bio Rational Program tames fall army worm damage to less than 5 per cent

09-19-2017 | 10:34:00
Russell IPM's bio-rational program proved to manage fall army worm (Spodoptera frugiperda) in Tanzania successfully, reducing damage in winter maize to less than 5 per cent.

[South Africa] Solafrica Energy pilots new energy storage system to boost capacity of national grid

09-19-2017 | 10:30:00
The U.S. Trade and Development Agency has awarded a grant to Solafrica Energy (Pty) Ltd., a developer of utility-scale solar power plants in Southern Africa, for a pilot project that demonstrates the performance of an energy storage system

[Nigeria] NCAA certifies that Lagos Airport meets international aviation standards

09-19-2017 | 10:27:49
The Nigerian Civil Aviation Authority has certified the nation's busiest airport, Murtala Muahmmed International Airport, for meeting global safety and security standards as prescribed by the International Civil Aviation Organisation (ICAO).

[South Africa] Discovery bets on Shared Value Insurance to make 10 million people healthier by 2018

09-19-2017 | 07:50:00
South African financial services group Discovery has outlined the growth in scale and impact of its Vitality Shared-Value Insurance model.

World Bank commits $700 million to advance equitable access to basic services for millions of Ethiopians

09-19-2017 | 07:46:07
The World Bank has approved the International Development Association (IDA) additional financing of $700 million in support of Ethiopia’s continued efforts to improve equitable access to basic services and reinforce accountability systems at the decentralized level.

NATURAL TV grows reach in West Africa with SES Video services

09-19-2017 | 07:36:49
NATURAL TV, a Turkish channel featuring health, agriculture, music and cultural content, is extending its reach to the West-African audience thanks to SES Video’s broadcasting services.

NEPAD launches 5 per cent Agenda initiative to bridge Africa’s $68bn infrastructure finance gap

09-19-2017 | 07:30:05
The New Partnership for Africa’s Development (NEPAD), African Union’s economic development programme gathered international investors and CEO-level business leaders at the NASDAQ Stock Market for the launch of its 5% Agenda campaign.

[South Africa] AngloGold starts process to sell loss making Kopanang gold mine

09-18-2017 | 14:10:00
South African gold producer AngloGold Ashanti has signed an agreement with an undisclosed party to sell the loss making Kopanang gold mine located in the west of Johannesburg.

New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease

09-18-2017 | 14:06:00
Scientists at The University of Western Australia are using new portable DNA sequencing technology for the first time in East Africa to help farmers fight the devastating impact of crop disease.

Pieter Bensch takes the helm at Sage Africa & Middle East

09-18-2017 | 11:58:00
Sage has today announced that ICT industry veteran, Pieter Bensch, has assumed his new role as the company’s executive vice-president for Africa and Middle East.

Equatorial Guinea enters LNG sales and infrastructure agreement with Burkina Faso

09-18-2017 | 11:47:00
The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, has signed an MOU with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas.

New Ford Kuga arrives in South Africa

09-18-2017 | 11:08:00
The new Kuga has arrived in South Africa, offering one of the most technologically-advanced, smart sport utility vehicles (SUVs) with five-star safety and improved fuel efficiency.

South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access

09-18-2017 | 11:03:11
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).