News

ICD and Afriland First Bank cooperate to establish an Islamic window in Guinea

05-18-2017 | 07:40:02
The Islamic Corporation for the Development of the Private Sector, ICDC, the private sector arm of IDB Group, and Afriland First Bank Guinea have entered into a joint strategic collaboration to establish an Islamic window in Guinea.

[Ghana] GE and Ministry of Health in partnership to give Greater Accra Ridge Regional Hospital facelift

05-18-2017 | 07:34:07
GE, the world’s Digital Industrial Company has partnered with the Ghana Ministry of Health and Bouygues Batimat International with the support of the US Government to overhaul the Greater Accra Ridge Regional Hospital in the Ridge District of Accra, Ghana.

Truecaller introduces Ad platform for brands in Africa

05-17-2017 | 16:30:32
Truecaller, one of the leading communication platforms in the world, has announced that it will start rolling out its ads platform in Africa, Truecaller Ads. Brands will now be able to utilize the Truecaller app to reach more than 40 million users in Africa.

[Tanzania] Aotea Global Services announces start of US operations

05-17-2017 | 16:26:21
Aotea Global Services that has predominantly been in East Africa has announced it is expanding its operations into the US. The company provides clients with a unique value proposition: High quality, low-priced IT resources who work only for them and become an offshore extension of their in-house staff.

Afreximbank pledges financial support to Guinea's development plan and power agenda

05-17-2017 | 16:19:44
The African Export-Import Bank (Afreximbank) will provide financial support to assist Guinea in the implementation of its national development plan and related investment programme, Dr. Benedict Oramah, President of the Bank, has said in Conakry.

First responsible and conflict-free gold supply chain operational in Eastern Congo

05-17-2017 | 14:05:00
Partnership Africa Canada has announced the Just Gold project has successfully implemented a system to trace legal and conflict-free artisanal gold in the Democratic Republic of Congo.

Mastercard and INJAZ Egypt unveil five new startups as part of the women entrepreneurship program

05-17-2017 | 13:59:03
After a long journey that lasted six months since the launch of the program and a day full of excitement, creativity, talent and top class competition, Mastercard and INJAZ Egypt announced the five winning teams of the “Mastercard Women’s Entrepreneurship Program”.

Pioneer corporate governance board leadership training program opens in Sierra Leone

05-17-2017 | 13:54:00
The Institute of Chartered Accountants of Sierra Leone has partnered with the International Finance Corporation to deepen the pool of board members within the business community capable of serving on company board of directors.

Facebook chooses 60 finalists in Bots for Messenger Developer Challenge across Africa

05-17-2017 | 10:33:56
Facebook has selected 60 finalists from the hundreds of entries it received from across the Middle East and Africa for the Bots for Messenger Developer Challenge. The Bots for Messenger Challenge is a contest to recognise and reward developers who create the most innovative new bots on Messenger.

Ratko Knezevic appointed by Aiteo Group to drive growth and diversification in Nigeria and Africa

05-17-2017 | 10:29:48
Aiteo Group has announces the appointment of Mr. Ratko M. Knezevic to its Global Executive Management team as Group Advisor on Business and Capital Development.

Fendt tractors launch in South African market

05-17-2017 | 10:26:26
High tech brand company involved in sale of tractors and harvesting machines Fendt has introduced to the South African market four tractors as it seeks to establish a toe hold in the African market.

Islamic body on private sector development and China-Africa Development Fund ink deal to boost infrastructure in Africa

05-17-2017 | 10:22:37
The Islamic Corporation for the Development of the Private Sector, the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund, CADFund, a Beijing-based private equity firm and subsidiary of the China Development Bank which focuses on Africa have signed a historic agreement.

[South Africa] $2million Vulindlela Heights Industrial Park unveiled as part of government radical economic transformation

05-16-2017 | 13:56:00
Government’s radical economic transformation received a boost with the launch of the Vulindlela Heights Industrial Park in Mthatha, Eastern Cape.

FBME Bank's Tanzania license terminated after money laundering investigation

05-16-2017 | 13:33:09
FBME Bank has been placed under further sanctions from international courts as part of a long list of problems caused by money laundering.

[South Africa] Discovery Health bets on FICO suite to process up to 100,000 transactions daily

05-16-2017 | 13:26:04
Silicon Valley analytics software company FICO has announced that Discovery Health in South Africa is using the FICO® Decision Management Suite to process as many as 100,000 transactions a day.

[Ethiopia] GE and Addis Ababa Institute of Technology in deal to enable renewable power generation skills development

05-16-2017 | 09:40:32
General Electric Renewable Energy and Addis Ababa Institute of Technology have signed a Memorandum of Understanding (“MoU”) to frame an ongoing collaboration aimed at enabling capacity development programs focused on Renewable Energy.

The International Islamic Trade Finance Corporation signs $450 million export financing agreement with Burkina Faso

05-16-2017 | 09:34:59
The International Islamic Trade Finance Corporation has signed a three -year’s $ 450 million socioeconomic development framework agreement with the Government of Burkina Faso.

[Nigeria] Infrastructure summit calls for bolder action from private sector to reduce Africa's infrastructure deficit

05-16-2017 | 09:30:19
Africa's premier infrastructure summit has opened in Abuja, Nigeria. Andrew Alli, President and CEO of AFC, said: "In 2014 we held our inaugural African infrastructure summit, bringing together our expertise, knowledge and experience in infrastructure financing.

The Djibouti Data Center and Hurricane Electric expand internet connectivity in Africa

05-16-2017 | 09:20:00
Hurricane Electric has strengthened its global network with new regional network connectivity in Africa by establishing a new point of presence at the Djibouti Data Center (DDC), bolstering its ongoing commitment to the economic development of the region through the provision of improved IP connectivity and global network access.

[South Africa] Shield announces partnership with Chelsea Football Club

05-15-2017 | 16:17:50
Shield, South Africa’s deodorant selling brand, has announced a partnership with Chelsea Football Club. The two champion brands have come together to celebrate and inspire South Africans who are making moves - both on and off the field.