News

World Bank Group supports public private dialogue to spur economic recovery in Somalia

05-24-2017 | 13:05:18
The Somali government and high level business actors have endorsed a Public-Private Cooperation Agreement to Accelerate Somalia’s Economic Recovery.

Standard Chartered Bank to join Thomson Reuters KYC Managed Service for Africa

05-24-2017 | 12:58:10
Standard Chartered Bank has announced its intent to join Thomson Reuters Org ID regional managed service solution for Know Your Customer (KYC) due diligence in South Africa.

Global IP selects Hughes to bring high performance broadband to Sub Saharan Africa

05-24-2017 | 12:51:01
Hughes Network Systems, LLCthe global leader in broadband satellite solutions and services has announced that its JUPITER System has been selected to bring high-performance connectivity throughout the Sub-Saharan Africa.

MallforAfrica Powers New Website Dedicated to eBay Shoppers in Africa

05-24-2017 | 11:21:18
MallforAfrica (MFA), Africa’s prominent e-commerce and m-commerce platform, has announced that it has launched a new dedicated website for eBay shopping enthusiasts in Africa.

[Nigeria] S&P assigns B/B ratings and stable outlook on United Bank for Africa

05-24-2017 | 11:12:05
Standard and Poor’s (S&P) assigns ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa PLC (UBA).

Globetom’s Electronic Distribution Platform reaches Nigeria

05-24-2017 | 11:00:00
Globetom’s has announced that their cloud service for electronic distribution and payment solution management is making a market entry into Nigeria.

[Nigeria] Glo records highest data penetration in Q1 of 2017

05-24-2017 | 10:48:40
Globacom has strengthened its position as Nigeria’s preferred data network by recording the highest data penetration among the four major operators in the telecommunications industry.

[Ghana] Mobile money interoperability to take off in November

05-24-2017 | 09:45:00
Vice President, Dr. Mahamudu Bawumia, has disclosed that Government is working to meet its November 2017 timeline for the implementation of mobile money interoperability.

MTN, Qualcomm and Huawei launch platform to address spectrum shortage in Africa

05-24-2017 | 08:28:18
MTN South Africa, Huawei and Qualcomm Technologies have completed Africa's first commercial platform that addressees challenges of spectrum shortage.

[Equatorial Guinea] Bioko Oil Terminal regains momentum after agreement with Arabian Energy

05-24-2017 | 08:20:00
The Equatorial Guinea based Bioko Oil Terminal have gained key momentum following the signing of the agreement between government and Arabian Energy DMCC

Mobilitas AGS inaugurates its biggest multimodal logistics platform in Africa

05-24-2017 | 08:13:03
The Mobilitas-AGS group’s new multimodal logistics platform in Gauteng province, South Africa has officially been delivered.

New phase for Hub and Spokes trade initiative which aids Africa

05-24-2017 | 08:07:15
An innovative trade initiative which is expanding opportunities for business, employment and prosperity in African, Caribbean and Pacific countries will be extended to February 2019.

[Nigeria] CBN makes N3.3 billion from banks’ borrowing

05-24-2017 | 08:00:00
Through frequent borrowing from the Central Bank of Nigeria (CBN) by commercial banks, the regulator recorded N3.29 billion as interest income in February 2017.

Going cashless in Cameroon made easy with launch of the UBA Debit Mastercard

05-23-2017 | 13:08:30
United Bank for Africa (UBA) has announced the roll out of the Debit MasterCard card in Cameroon in support of financially empowering all citizens.

[South Africa] FactSet expands Africa operations, opens office in Johannesburg

05-23-2017 | 13:00:00
FactSet, a global provider of integrated financial information has opened a new office in Johannesburg as it seeks to grow presence in Africa

Safaricom opens regional hub for Eastern Africa

05-23-2017 | 12:54:58
Safaricom has opened its 45th shop in Kitengela town and unveiled its Nairobi East Regional Office as part of its ongoing strategy to increase customer touch points.

Nigeria faces prospects of fragile economic recovery in 2017, World Bank

05-23-2017 | 12:51:04
Nigeria can build on the oil-driven economic recovery anticipated for it in 2017 by strengthening its macroeconomic policy framework according to World Bank.

MBA retains pole position as post-grad choice for Africa execs - Jack Hammer

05-23-2017 | 12:36:46
Top African leaders outside of South Africa overwhelmingly still opt for pursuing an MBA, counter to local trends which are increasingly seeing senior executives opt for other post-graduate qualifications.

[South Africa] InfiNet Wireless on track to creating future-proofed wireless ecosystems

05-23-2017 | 12:10:00
Until recently, the wireless sector of the telecoms market prioritised the performance increase in base stations and subscriber terminals.

[South Africa] Vodacom strikes $2.6B deal for Safaricom stake

05-23-2017 | 11:55:57
Vodacom has announced its agreement to acquire a 34.94 percent stake in Kenya’s Safaricom, the global mobile money pioneer, for R34.6 billion ($2.6B)