News

Mara Social Media acquires global instant messaging and communications platform Nimbuzz

03-23-2017 | 13:40:40
Mara Social Media, an African multi-channel platform of online and mobile tech innovations that are designed to connect people across emerging markets, has announced that it has acquired global platform Nimbuzz Assets.

Ethiopian Airlines adds Ahmedabad route to its global cargo network

03-23-2017 | 13:34:13
Ethiopian Airlines has added a new destination to its growing route. The airline will now operate cargo flights to Ahmedabad, a fifth cargo gateway to India, starting March 28.

Marriott International to debut Aloft Hotels in Mauritius with signing of the brand’s first adaptive re use project in Africa

03-23-2017 | 13:31:00
Marriott International, Inc. has announced plans to launch its cutting-edge Aloft brand in the capital city of Mauritius with the signing of Aloft Mauritius Port Louis. Slated to open in early 2019, the hotel will be the brand’s first adaptive reuse project in Africa.

John Dekyem Attafuah appointed Managing Director of Ghana Airports Company

03-23-2017 | 10:06:00
President Nana Akufo Addo has appointed Mr. John Dekyem Attafuah as the new Managing Director of Ghana Airports Company Limited (GACL).

African tax authorities equipped with tools to deal with transfer pricing issues

03-23-2017 | 10:04:00
The African Minerals Development Centre (AMDC) together with the Minerals and Energy for Development Alliance (MEfDA) and the World Bank, has delivered the first of two regional workshops on transfer pricing in Africa’s mineral sector.

[Namibia] Industrias Alimentarias de Navarra targets farmers with asparagus growing to sate global demand

03-23-2017 | 10:00:00
Industrias Alimentarias de Navarra (IAN) Grupo Alimentario a Spanish company intends to train farmers to in Namibia to grow asparagus which they will then sell to the company as it seeks to sate growing demand for the crop in the international market.

[Tanzania] National Microfinance bank launches interbank money transfer service to improve customer convenience

03-23-2017 | 05:34:00
The National Microfinance bank (NMB) has launched a new service dubbed Mobile Tanzania Interbank Mobile System (TISS) that allows customers to transfer up to $1300 from one bank to another.

VOSS Water Norway partners with Voss Foundation to promote clean water, sanitation and hygiene initiatives in Sub-Saharan Africa

03-23-2017 | 05:30:00
Over 300 million people in Sub-Saharan Africa lack access to clean water which is approximately the same as the population of the United States.

[Kenya] Sanlam Group acquires majority stake in PineBridge Investments East Africa Limited

03-23-2017 | 04:45:48
Listed diversified Pan-African financial services group The Sanlam Group, through its subsidiary Sanlam Emerging Markets (SEM), has reached an agreement with PineBridge Investments (“PineBridge”), a global multi-asset class asset manager, to acquire PineBridge’s majority stake in PineBridge Investments East Africa Limited in Kenya (PIEAL).

[Ghana] GE Oil & Gas opens new facility in Takoradi Port

03-22-2017 | 14:53:34
GE Oil & Gas opened a new facility in Takoradi Port, Ghana today, expanding its global footprint and supporting local investment.

Guinness Nigeria marks World Water Day by unveiling seven new boreholes in Cross River State

03-22-2017 | 13:29:00
Guinness Nigeria Plc has constructed seven hand pump water boreholes in Bebi Community, Obanliku Local Government Area (LGA) of Cross River State.

Industrial IoT set to shake up African oil & gas sector - MD, SAP West Africa

03-22-2017 | 13:19:00
The global oil and gas industry is undergoing a period of unprecedented change and disruption.

Ericsson appoints Rutger Reman new President/MD Nigeria

03-22-2017 | 13:10:34
Ericsson has appointed Rutger Reman president and managing director for Ericsson Nigeria.

Burundi Joins Afreximbank as participating state

03-22-2017 | 11:25:07
Burundi has acceded to the Agreement for the Establishment of the African Export-Import Bank (Afreximbank), making it a participating state of the continental trade finance bank.

Internet Solutions Kenya selects Telco Systems to upgrade its fiber network to 10GB

03-22-2017 | 10:48:00
Provider of innovative CE 2.0, MPLS, IP and SDN & NFV solutions, Telco Systems and Internet Solutions Kenya, a Pan-African communications service provider of cloud, communication, connectivity and carrier services within Kenya and connecting outside Kenya,

Despite a bold agenda for change, South African business executives claim organizations are not “change agile,” new Mercer study finds

03-22-2017 | 10:30:00
As the competition for talent continues to rise and business models are disrupted by technology and socio-demographic shifts, organizations are still taking an evolutionary approach to their talent strategies in the face of revolutionary changes.

[Nigeria] Kwara Govt enters partnership with ANDP to build 5000 housing units

03-22-2017 | 09:37:00
Kwara State Government has signed a partnership agreement with the Africa Nations Development Programme (ANDP), to build 5,000 housing units in the state.

[Kenya] Diamond Trust Bank to acquire Habib Bank

03-22-2017 | 09:21:10
Mid-tier Diamond Trust Bank plans to acquire small-sized Habib Bank subject to regulatory approvals underlining rising consolidation in the industry.

[Egypt] SDX Energy commences drilling at South Disouq

03-22-2017 | 08:37:00
SDX Energy, the North Africa focused oil and gas company, has announced the commencement of drilling operations on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt.

[Nigeria] Skye Bank commences sale of 2017 JAMB/UTME E-Pins

03-22-2017 | 08:25:00
Joint Admission and Matriculation Board (JAMB), has accredited Skye Bank as one of the selling banks for this year’s Unified Tertiary Matriculation Examination (UTME) E-Pins.