The Estée Lauder Companies has partnered with Jumia the leading online retailer in Nigeria to launch for the first time three of the Company’s brands – Clinique, Estée Lauder and Aramis.
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
Leading global Motorparts manufacturer Federal-Mogul Corporation has stepped up its efforts to expand its reach in Kenya, with an eye on the East Africa market.
South African Airways (SAA) has introduced its new Airbus A330-300 wide-body aircraft on the three-times weekly route between Washington, DC Dulles International Airport and Johannesburg O.R. Tambo International Airport via Dakar, Senega
By 2024, a 4,000 kilometers waterway will connect 10 African countries, stretching between Lake Victoria and the Mediterranean Sea. An Egypt-led project, the navigational shipping line is to be established along the Nile River for small and medium-size commercial vessels to boost bilateral trade.
The Nigerian National Petroleum Corporation has announced elaborate measures to sustain supply of Premium Motor Spirit, (petrol), Automotive Gas Oil, diesel, and Dual Purpose Kerosene, DPK, otherwise called kerosene, nationwide.
The recent acquisition of a 27.7 % stake in CAL Bank in Ghana by newly formed investment company, Arise, is set to boost the banking sector in the country.
IFC, a member of the World Bank Group, has announced a financing agreement with the West African Economic and Monetary Union’s Caisse Régionale de Refinancement Hypothécaire,
The World Bank has approved financing of a $250 million smart agriculture project in Kenya that will run for five years.
The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate objectives
Today, the Honorable Minister of Science and Technology of the Federal Republic of Nigeria, Dr. Ogbonnaya Onu paid an official visit to Nestlé’s state of the art Flowergate Factory located in Shagamu, Ogun State.
Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR.
The management of Safaricom-backed taxi hailing app Little is set to launch a mobile-based Savings and Credit Co-operative Society (Sacco) for its drivers.
Access Bank may receive up to N1.14 billion in onetime gains in the first quarter of 2017, from the sale of its investment in Stanbic IBTC Pension Managers (SIPML).
Sechaba board of directors has resolved to change the company’s financial year end from March 31st to 31st December, the company has disclosed.
African data collection startup Bamba has announced today that it has closed its first seed investment round after raising US$1.1 million (Kes. 110 million) in investment funds, making it one of the largest and most successful seed rounds completed by an East African startup.
MTN Ghana has paid GH¢34million as interest to about eight million mobile subscribers and 58,000 agents in the first quarter of 2016.
Safaricom Spark Venture Fund has today announced its investment in FarmDrive, a data analytics startup that connects small-scale farmers to financial services.
Adidas in partnership with its official retail partner in Ghana, Nutmeg limited, announced the launch of an e-commerce platform to encourage online shopping of its products in Ghana.
East Africa Private Equity and Venture Capital Association has appointed Eva Warigia and Esther Ndeti the co-executive directors to run the lobby.