News

World Bank commits $700 million to advance equitable access to basic services for millions of Ethiopians

09-19-2017 | 07:46:07
The World Bank has approved the International Development Association (IDA) additional financing of $700 million in support of Ethiopia’s continued efforts to improve equitable access to basic services and reinforce accountability systems at the decentralized level.

NATURAL TV grows reach in West Africa with SES Video services

09-19-2017 | 07:36:49
NATURAL TV, a Turkish channel featuring health, agriculture, music and cultural content, is extending its reach to the West-African audience thanks to SES Video’s broadcasting services.

NEPAD launches 5 per cent Agenda initiative to bridge Africa’s $68bn infrastructure finance gap

09-19-2017 | 07:30:05
The New Partnership for Africa’s Development (NEPAD), African Union’s economic development programme gathered international investors and CEO-level business leaders at the NASDAQ Stock Market for the launch of its 5% Agenda campaign.

[South Africa] AngloGold starts process to sell loss making Kopanang gold mine

09-18-2017 | 14:10:00
South African gold producer AngloGold Ashanti has signed an agreement with an undisclosed party to sell the loss making Kopanang gold mine located in the west of Johannesburg.

New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease

09-18-2017 | 14:06:00
Scientists at The University of Western Australia are using new portable DNA sequencing technology for the first time in East Africa to help farmers fight the devastating impact of crop disease.

Pieter Bensch takes the helm at Sage Africa & Middle East

09-18-2017 | 11:58:00
Sage has today announced that ICT industry veteran, Pieter Bensch, has assumed his new role as the company’s executive vice-president for Africa and Middle East.

Equatorial Guinea enters LNG sales and infrastructure agreement with Burkina Faso

09-18-2017 | 11:47:00
The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, has signed an MOU with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas.

New Ford Kuga arrives in South Africa

09-18-2017 | 11:08:00
The new Kuga has arrived in South Africa, offering one of the most technologically-advanced, smart sport utility vehicles (SUVs) with five-star safety and improved fuel efficiency.

South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access

09-18-2017 | 11:03:11
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).

Allied Exchange Africa launches a cross-network mobile money platform

09-18-2017 | 10:42:06
Allied Exchange Africa has launched its novel digital payment platform, ALEXpay to overcome the lack of cross-network fund transfer and interoperability which currently inhibits the potential of mobile money services in Ghana.

[Nigeria] Denmark, NNPC to invest in Joint Processing Company

09-18-2017 | 10:33:00
The Danish Government will guarantee a 10 per cent equity financing of a Joint Venture Company involving the Nigerian National Petroleum Corporation (NNPC) and a Danish firm, Unibio A/S Limited.

[Kenya] Mobile lender, Branch, raises Sh200m for M-Pesa loans

09-18-2017 | 10:25:00
Branch, a Facebook-linked mobile phone lending app, has raised Sh200 million by issuing a commercial paper. The Silicon Valley startup will use the funds to grow its loan book.

Central Bank of Nigeria reviews limits on mobile money transaction

09-18-2017 | 10:13:16
The Central Bank of Nigeria (CBN) has reviewed daily mobile money wallet transaction and balance limit, as well as the Bank Verification Number (BVN) requirement for mobile money wallet holders.

Samsung’s low-cost Z4 launches in South Africa

09-18-2017 | 10:05:00
Samsung is continuing its roll-out of the Samsung Z4 smartphone in South Africa for R1,499 – powered by its own Operating System (OS), Tizen.

Safaricom announces fresh investments in customer care

09-18-2017 | 08:45:00
Integrated telecommunications service provider Safaricom has announced renewed investments in its customer care organization as it seeks to strengthen service delivery to customers.

11 African countries to benefit from $280 million Partnership for Inclusive Agricultural Transformation in Africa programme

09-18-2017 | 08:42:00
The multi-million dollar Partnership for Inclusive Agricultural Transformation in Africa (PIATA) has been launched as an innovative and transformative partnership and financing vehicle to drive inclusive agriculture transformation across the continent.

World Bank in $60 million project to tackle unemployment in Tunisia

09-18-2017 | 08:36:22
The World Bank has announced a new $60 million project to help address the jobs challenge in Tunisia, with support for government efforts to better target employment programs and create more and better opportunities.

Moneytrans launches first mobile money transfer application in Democratic Republic of Congo

09-18-2017 | 08:30:20
Moneytrans, a fintech company serving migrants has launched a smart and convenient mobile application that can send money in minutes, in and out of Africa, to one of its 250,000 points.

Roku Inc partners with Econet Media to launch streaming TC Service across Sub Saharan Africa

09-15-2017 | 15:09:12
Streaming platform provider Roku, Inc. and African media company Econet Media, have announced that both companies have entered a Roku Powered license agreement for the launch of streaming TV service Kwesé Play.

WFP launches five year strategic plan in Mozambique to tackle food insecurity

09-15-2017 | 14:58:51
The United Nations World Food Programme (WFP) has launched its five-year Country Strategic Plan (CSP) for Mozambique.