News

[Ghana] Regional Maritime University chooses REDAVIA Solar to power campus and establish Renewable Energy Institute

05-23-2017 | 11:55:00
The Regional Maritime University (RMU) has chosen REDAVIA, to implement an alternative solution to existing power grid and reduce dependency on diesel generators.

Seclore expands role of channel director to include key Africa regions

05-23-2017 | 11:49:00
Seclore Technologies has announced the expansion of the role of regional channel Ddirector to enhance its Go-to-Market Strategy.

[South Africa] Capital Appreciation acquires Synthesis Software Technologies for R132.1 million

05-23-2017 | 11:45:34
JSE listed Capital Appreciation Limited (JSE: CTA) has acquired 100 percent of Synthesis Software Technologies for R132.1 million.

Zeno Ventures backs Tizeti to bring unlimited Wifi to Africa

05-23-2017 | 11:38:31
Venture capital firm, Zeno Ventures, has closed an investment in Tizeti Inc., a Menlo Park, CA and Lagos, Nigeria based startup that participated in the latest batch of Y Combinator.

USTDA in a 75 megawatt power project in South Africa

05-23-2017 | 11:32:00
The U.S. Trade and Development Agency has awarded a grant to Pele Green Energy (Pty) Ltd, a South African independent power developer based in Johannesburg.

[Nigeria] 10 banks rake in N138bn from alerts, e-services in one year

05-23-2017 | 11:21:00
Leading banks in Nigeria have reported a significant rise in income from fees they charge customers for use of their various electronic banking services.

The International Islamic Trade Finance Corporation (ITFC) signs two agreements with Tunisia

05-23-2017 | 10:34:57
The International Islamic Trade Finance Corporation (ITFC) has signed two Murabaha agreements between the Republic of Tunisia and the Tunisian Company of the Refining Industries.

GE joins Women in Global Health Movement to celebrate exemplary women leaders in global healthcare

05-23-2017 | 10:18:16
The Women in Global Health (WGH) Movement honored Kenya’s Mercy Owuor of Lwala Community Alliance alongside 12 other women at the movement’s “Heroines of Health” gala event that took place last evening in the Swiss Capital Geneva, on the margins of the ongoing World Health Assembly.

AfDB agribusiness funding lays strong foundation for transforming African agriculture

05-23-2017 | 10:10:47
The African Development Bank (AfDB) has provided a roadmap to the growth of agriculture in African countries with a plan to inject nearly US $2.4 billion every year for 10 years to build roads, irrigation infrastructure and storage facilities within Africa to attract high-value investors.

[Nigeria] Products Supply to Improve as NNPC Revives Kano Depot Three Years After

05-23-2017 | 09:57:31
Petroleum products supply to the Northern part of the country received a boost yesterday as the Nigerian National Petroleum Corporation, NNPC, re-commissioned its Kano Depot, even amidst encomiums poured on the Corporation for reviving the facility.

[Nigeria] OGUNCCIMA lauds Dangote Group’s collaboration as Group’s subsidiaries offer products at subsidised prices

05-23-2017 | 08:44:00
The Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has commended the Pan African Conglomerate, Dangote Group for its giant strides in economic development of the country through massive investments in several sectors of the economy describing the feat as worthy of emulation by other Nigerians.

MainOne advocates need for greater investments to drive data explosion in Africa

05-22-2017 | 12:09:00
Experts at the International Telecoms Week conference in Chicago have highlighted the need to accelerate investment in Africa to facilitate the continent’s broadband data explosion.

Marriott International to debut The Ritz Carlton in the Zanzibar Archipelago

05-22-2017 | 12:02:34
Marriott International has announced the signing of an agreement with Pennyroyal Gibraltar Limited, to debut The Ritz-Carlton brand in the exotic Zanzibar Archipelago. Slated to open in 2021, the 90 room all-suite and villa resort will bring the defining luxury experience of The Ritz-Carlton to one of the most magical destinations in the world.

Seychelles tourism sector continues with upward trend

05-22-2017 | 11:54:58
According to Seychelles visitor arrivals statistics released by the statistical bureau, the number of visitors increased again in April to 36,016 from 31,918 in March 2017 an increase of 33.0% from April last year. The number of visitors stood at 27,122 in April 2016.

IMF seeks strong policy measures for Sub Saharan Africa's fragile outlook

05-22-2017 | 11:51:18
The IMF latest Sub-Saharan Africa regional outlook report stated that growth in the region remains fragile. Real GDP growth for about two-thirds of SSA countries, accounting for 83.0% of regional GDP, slowed in 2016 - clearly SSAs worst performance in more than two decades.

Commonwealth African countries to discuss priorities for reviving world trade

05-22-2017 | 11:24:41
Amid an unprecedented global trade slowdown, African policy-makers, negotiators and trade analysts will meet on 25-26 May 2017 in Mauritius to discuss priorities for reviving world trade and strengthening their trading capacity.

[South Africa] Department of Trade & Industry, Woolworths and the IDC inspire black women entrepreneurs

05-22-2017 | 11:05:59
The Department of Trade & Industry (dti), Woolworths and the Industrial Development Corporation (IDC) have officially opened the doors of K9 Pet Foods’ new 3 600 m² factory premises in the Western Cape.

Kenya’s emerging affluent missing out on a potential 42 per cent uplift in savings

05-22-2017 | 10:53:58
Emerging affluent consumers in Kenya could boost their savings by an average of 42 per cent if they move from a basic savings approach to a low-risk wealth management strategy, a study by Standard Chartered shows. The emerging affluent are consumers who are earning enough to start saving – and investing – and that’s what makes them a crucial engine of economic growth.

Africans moved more freely in 2016, second Africa Visa Openness Index

05-22-2017 | 10:49:04
The African Development Bank, in collaboration with the African Union Commission and the World Economic Forum have launched the second edition of the Africa Visa Openness Index.

Xago Africa and Alevo Analytics partner with US Trade and Development Agency to provide technical assistance for energy storage in Kenya

05-22-2017 | 10:30:00
USTDA is partnering with Kenyan renewable energy developer Xago Africa and US battery storage manufacturer Alevo USA, Inc and analytics service provider Alevo Analytics to support the development of a utility scale solar photovoltaic power plant with integrated battery storage in Siaya County, Kenya.