2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections cycle and the Brexit vote.
The Style Group, a contemporary lifestyle retail group in Nigeria, is leapfrogging the brick-and-mortar sales of fashion, accessories and design services and instead focuses on offering them via modern social media commerce.
Vivian Ngwodo is part of a new generation of women, particularly women of African descent, who are using technology to take ownership of the entrepreneurial landscape.
what3words, the award winning addressing system, has been adopted as an addressing standard by La Poste Djibouti. Located in the Horn of Africa Republic of Djibouti is the fifth country in the world to accept 3 word addresses to improve its national infrastructure.
The Africa Finance Corporation (AFC) has formally launched its Corporate Social Responsibility (CSR) Program: AFC Clean Water Campaign.
Construction work has begun on the new $1.5billion container terminal at the Port of Tema in Ghana at the start of January. The terminal will directly create 5,000 jobs.
Diani Reef Resort &Spa has launched a model that will allow holiday-makers save for their vacations. Under the model, ‘Easy Pay Plan’, domestic tourists will be able to choose what package suits them and pay in installments through bank transfers and mobile payment platforms.
The Botswana government has begun the process of privatizing loss-making national carrier Air Botswana.
Internet Solutions (IS), and Dublin-based Accuris Networks Limited, have partnered to introduce a seamless continent-wide Wi-Fi network to global carriers, multinational companies and local Internet Service Providers.
Facebook challenges developers in the Middle East and Africa to create the smartest Bots for Messenger
Facebook is challenging developers across the Middle East and Africa to create innovative bots in the Bots for Messenger Developer Challenge.
The African Export-Import Bank (Afreximbank) is committed to providing financial and advisory support to assist Sao Tomé and Principe achieve its structural transformation which focuses on expanding and diversifying its blue economy.
A tripartite agreement spearheaded by the Dangote Rice Limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed.
The Tourism Finance Corporation (TFC) has appointed six new managers. The agency is seeking to fill positions in legal, procurement, finance, public relations and communications as well as audit departments.
Telecommunication company Airtel, has partnered with premier digital foodstuff marketing and distribution company, Jaarno to offer Airtel’s high value customers the convenience of shopping for locally grown food items online at a discount.
[Sierra Leone ] Government starts extension of Bo-Kenena electricity distribution system set to benefit 37,000 households
The Government of Sierra Leone, with financial support from the African Development Bank (AfDB) and UK Aid, also known as Department for International Development (DfID) has launched on Mondayvthe rehabilitation and extension of the Bo-Kenema Electricity Distribution System in Sierra Leone.
Wananchi Group Kenya Limited has announced the appointment of Mr Thomas Hintze as its new Group Chief Executive Officer.
Listed South African transport and logistics company Imperial Holdings has acquired 70 per cent stake in Kenya based Surgipharm company in a deal estimated at $35 million. The transaction is subject to regulatory approvals.
The eight-nation Intergovernmental Agency on Development (IGAD) has secured a $3.50-million grant from the African Development Fund (ADF), the concessional window of the African Development Bank Group, to finance the agency’s Infrastructure Master Plan (IRIMP).
[South Africa] National Empowerment Fund to be incorporated into Industrial Development Corporation to guarantee funding for black entrepreneurs
In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand for funding by black entrepreneurs.
Madison Group has unveiled Madison UniPlan, a savings scheme for financing university and college education.