News

GE Program Announces Graduation of First Social Entrepreneurs Addressing Maternal & Child Health in Sub-Saharan Africa

02-23-2017 | 10:15:21
Today, the GE healthymagination Mother and Child Program will graduate 14 social entrepreneurs who completed training and mentorship aimed at improving and accelerating maternal and/or child health outcomes in Africa.

[Angola] Chevron commits to invest in liquefied natural gas project

02-23-2017 | 10:15:00
Chevron, one of the world's largest energy companies, has pledged to continue investing in the production project of Liquefied Natural Gas (LNG) based in Soyo, northern Zaire province according to its deputy Executive chairperson, Jay Johnson.

[Kenya] Safaricom opens up applications for 2017 technology internships

02-23-2017 | 06:52:00
Listed telecommunication firm Safaricom has announced that it will be taking 63 university students under its 2017 technology internship program.

IFC, MasterCard Foundation to support expansion of mobile banking in Zambia

02-23-2017 | 06:50:00
IFC, a member of the World Bank Group, together with The MasterCard Foundation today announced it signed an agreement to a value of $1 million with payments service provider Zoona to strengthen the reach and depth of its mobile banking services for low-income people, small-scale entrepreneurs and rural populations in Zambia.

[Uganda] Automation of Entebbe International Airport to cost $9.5 million

02-23-2017 | 06:48:00
The Entebbe International Airport upgrade is set to cost $9.5 million according to figures from the Civil Aviation authority.

[Kenya] Sasini Limited mulls offloading 60 per cent stake in Savanna Coffee House

02-23-2017 | 06:45:00
One of Kenya’s largest tea and coffee producer Sasini Limited has said that it is set to seek shareholder’ approval to offset 60 per cent stake it has in Savanna Coffee House.

Mowgli Foundation calls on eco-system partners to invest in human capital mentorship

02-22-2017 | 12:14:00
The award winning Mowgli Foundation marked its recently established presence into Sub-Saharan Africa (SSA) with an evening geared at raising awareness on the importance of incorporating mentoring into the entrepreneurial eco-system.

Dr Tara Swart returns to South Africa to share latest applications of neuroscience to business and leadership performance

02-22-2017 | 11:55:02
Compelling evidence from neuroscience research shows that leaders can significantly improve how they engage with and motivate others. It shows that, contrary to the idea that leadership skills are ‘innate’, leadership can actually be learned.

Sage Foundation launches $1 million Enterprise Fund to inspire innovation and change in Africa

02-22-2017 | 10:21:00
Integrated accounting and payment systems company Sage has launched $1 million Sage Foundation’s Enterprise Fund which is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women and girls.

MetaTrader 4 platform redefines trading

02-22-2017 | 09:11:00
The most popular Forex trading platform in the market is MetaTrader 4 (MT4), a downloadable application that is easy to use and offers a multitude of features including automated trading through Expert Advisors (EAs)

[Cameroon] Agrocam bets on GE’s gas engine technology to tame power outages in hatchery

02-22-2017 | 08:50:00
Central African region’s poultry hatchery, Agrocam, located in Douala Cameroon, has purchased one of General Electric’s Jenbacher J316 gas engines from Clarke Energy, GE’s distributor of Jenbacher gas engines in Cameroon

[Ethiopia] Accor Hotel deepens regional foothold with commissioning of three hotels

02-22-2017 | 06:53:23
French multinational hotel group Accor Hotels has entered into three partnerships with Ethiopian investors for the construction and management of 3 hotels in Addis Ababa.

[Kenya] Amethis Finance and Metier acquires minority stake in Kenafric

02-22-2017 | 06:50:13
Private equity firms Amethis Finance and Metier have partnered to acquire a minority stake in Kenafric food industry. The three companies – Kenafric, Amethis and Metier have been working together on a promising acquisition.

[Ghana] Commerz Savings and Loans courts technology to deepen financial inclusion

02-22-2017 | 06:33:01
Latest entrant into the financial sector, Commerz Savings and Loans, is embracing technology to reach and attract the unbanked population into the banking sector.

Kenya Commercial Bank set to lay off staff citing technology changes and dynamic regulatory regime

02-22-2017 | 06:32:26
Tier 1 lender Kenya Commercial Bank has announced that is set to lay off a section of employees in what it attributes to technological changes and a dynamic regulatory regime.

Central Bank of Nigeria announces new foreign exchange policy

02-21-2017 | 11:54:37
The Central Bank of Nigeria (CBN) continues its efforts to increase the availability of Foreign Exchange in order to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions.

19 Nigerian academics conduct research in Shell sabbatical program

02-21-2017 | 11:32:55
A total of 19 academics from different universities in Nigeria have begun research attachments in several fields of study in the latest phase of the sabbatical and internship programme of The Shell Petroleum Development Company Nigeria Limited (SPDC) Joint Venture, which was introduced in 1980.

Kenya Electricity Expansion Project: World Bank Board Approves Action Plan for Kenya Inspection Panel Case

02-21-2017 | 11:26:01
The World Bank’s Board of Executive Directors has met to discuss and approve the Action Plan that Bank management presented in response to the Inspection Panel investigation of the Kenya Electricity Expansion Project.

AfDB engages governments and policy-makers at Investing in African Mining Indaba

02-21-2017 | 11:22:01
The Investing in African Mining Indaba, one of the world’s largest mining conference, wrapped up on 9 February, 2017, in Cape Town, South Africa with the African Development Bank playing a key role in helping to shape the continent’s future in the sector.

Angola Cables to peer at NAPAfrica – Africa’s most connected Internet Exchange

02-21-2017 | 11:16:00
Angola Cables, a leading telecoms operator is expanding its network reach and peering capabilities across the globe. With an aim to become a major IP transit and MPLS player in sub-Saharan Africa, Angola Cables has chosen NAPAfrica as its peering point.