News

Ugandan Entrepreneur launches NoScrunchie in the UK, to empower African Caribbean Hair Businesses

03-27-2017 | 11:30:00
For years Leillah Sekalala struggled to find a consistently good salon for her Afro hair and would often find that her social circle had the same problem.

[Ghana] Automobile Technical School to address skills gap

03-27-2017 | 09:05:00
American Auto Parts LTD (AAPL), in partnership with TATA Motors Holdings Ghana, is to establish an Automobile Technical Institute to train artisans and mechanics in industrial best practices, in line with the Government’s efforts to transform local industries.

[Egypt] QNB ALAHLI in partnership with Visa to unveil mVisa

03-27-2017 | 09:03:00
QNB ALAHLI and global payments technology company Visa are launching mVisa, a seamless and secure mobile solution for instant cashless payments, in Egypt. mVisa, which brings the benefits for easy and secure digital commerce to financial institutions

[Tanzania] Acacia Mining, Endeavour Mining merger talks halted

03-27-2017 | 09:00:00
ACACIA Mining, the largest mining firm in the country, has dumped a 3.0billion pound bid to acquire Canada’s Endeavour Mining.

South Sudan Initiates Move to Join Afreximbank

03-27-2017 | 08:42:00
South Sudan has initiated moves to become a member of the African Export-Import Bank (Afreximbank), the Cairo-based continental multilateral financial institution established to promote and finance African trade.

Tony Elumelu Foundation 2017 Entrepreneurship Program announces selection

03-27-2017 | 08:37:33
The Tony Elumelu Foundation (TEF) is proud to announce the selection of 1,000 African entrepreneurs, creating the 3rd cohort of the 10-year $100 million TEF Entrepreneurship Program.

[Nigeria] UBA Grows Profit Before Tax by 32%, Declares Final Dividend per Share of 55kobo

03-27-2017 | 08:23:00
United Bank for Africa (UBA) Plc, the pan-African financial services group operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits.

Painless, non-invasive cancer treatment available in South Africa

03-27-2017 | 08:08:00
The Life Healthcare Group, one of South Africa’s leading hospital groups, brings sophisticated radiation cancer technology to cancer patients in the Gauteng region.

Panasonic Donates a Total of 1,584 Solar Lanterns to South Africa, Swaziland and Lesotho

03-27-2017 | 07:55:00
Since 2012, Panasonic Corporation has been working on the 100 Thousand Solar Lanterns Project, a project that aims to donate a total of 100 thousand solar lanterns to the world's non-electrified areas by 2018, which is the centennial of Panasonic's foundation.

World Bank Signs $18m Grant to Crowd-in Forest Action in Ethiopia

03-27-2017 | 07:47:36
The World Bank has signed a new grant agreement with the Government of Ethiopia to improve the enabling environment for sustainable forest management, investments, and emissions reductions in the state of Oromia.

RwandAir launches direct flights from Accra to Lagos

03-27-2017 | 07:21:00
RwandAir, the national carrier of the Republic of Rwanda, has recently launched direct flights from Accra to Lagos as part of the Airline’s route expansion project in 2017.

Biogaran takes over Swipha’s activities in Nigeria with eye on generic medicines for local market

03-27-2017 | 07:18:00
Biogaran, a French pharmaceutical company specialized in generic and biosimilar medicines, and a subsidiary of Servier, have announced the takeover of all the activities of Swipha, a Nigerian company that manufactures and distributes pharmaceutical products known for their quality.

[Kenya] Britam to sell 10 per cent stake to International Finance Corporation

03-27-2017 | 07:10:22
Shareholders of Britam Holdings have approved the sale of 10.37 per cent stake to International Finance Corporation, the World Bank Group’s private investment and lending arm, for Sh3.55 billion.

World Bank approves $200m credit to Nigeria to support agricultural productivity and improve livelihoods

03-27-2017 | 07:03:55
The World Bank today approved a $200 million credit to further support the Government of Nigeria in its efforts to enhance agricultural productivity of small and medium scale farmers in participating states.

[Tanzania] Tigo in continued mobile birth registration support

03-24-2017 | 12:36:00
Tanzania’s digital lifestyle company, Tigo has continued to support the Tanzania government’s under-five birth registration initiative through an innovative mobile application that is massively accelerating provisioning of birth certificates for children under the age of five.

African hospitals adopt SOPHiA artificial intelligence as patients’ care advance

03-24-2017 | 12:31:33
Sophia Genetics global leader in Data-Driven Medicine has unveiled the list of African hospitals that have started integrating SOPHiA, the company’s artificial intelligence, into their clinical workflow to advance patients’ care across the continent.

Kenya launches world’s first mobile-only government bond

03-24-2017 | 05:26:57
Kenya has launched the world’s first ever mobile only government bond, allowing the average Kenyans to purchase government bonds on their mobile phone as the East African country seeks to tap into the booming mobile money market.

Imara acquires 100 per cent stake in Mauritius's Fiducie Forte Management

03-24-2017 | 05:17:00
Imara Holdings Limited has announced that its subsidiary, Imara Trust, has acquired 100 per cent of the issued share capital of Fiducie Forte Management Services Limited (“Forte”), a Mauritius management company.

[Kenya] Safaricom unveils ‘Flex’ for customers’ convenience in airtime and data spend

03-24-2017 | 05:09:00
Listed telecommunication company Safaricom has launched an innovative product named ‘FLEX’ that gives customers freedom to choose how they allocate airtime for calls, SMS or data services, in line with customer feedback.

Mastercard to support development of Ghana’s digital payment ecosystem

03-24-2017 | 05:03:50
In support of Ghana’s Vision 2020 goals, Mastercard has committed its support to helping the country to develop a cashless economy, in furtherance of its push to be an economic powerhouse in Africa.