UAE’s carrier Emirates has stated that it is introducing a third daily flight between Dubai and Kenya’s capital from 1 June 2017.
World Trademark Review 1000 – The World's Leading Trademark Professionals has awarded a gold ranking to the Intellectual Property (IP) team at Bowmans in Kenya for the fifth consecutive year.
Tanzania says it is set to build the fifth international airport in its capital Dodoma.
Burundi has started construction of a 7.5 Megawatt solar field that will add 15 per cent powerto the country’s generation capacity. The project is being chaperoned by Gigawatt Global having invested $14 million to the entire project.
The Uganda Refinery Holding Company Limited (URHC) has appointed its first general manager Dr. Michael Nkambo Mugerwa.
Taxation is perhaps one of the most frowned at concepts in small businesses, with the reasons being many and varied. To start with, it is perhaps one of the least understood concepts in modern Kenya and Africa,
Kenya’s national carrier Kenya Airways has started exporting cut flowers to Australia as it looks to diversify its revenue streams.
Djibouti has launched the construction of what has been billed as Africa's largest free trade zone, to be built in the tiny Horn of African nation with Chinese backing.
Jeffery Wilson is a Kenyan fashion entrepreneur who has built a name and business around bringing like minded entrepreneurs to celebrate the art of couture through his JW Fashion show.
Semtech Corporation, a leading supplier of analog and mixed-signal semiconductors, today announced that its LoRa® devices and Wireless RF Technology are protecting endangered black rhinoceroses at the Mkomazi National Park.
Kenya’s capital Nairobi has been ranked the top most dynamic city in Africa and tenth in the world beating major cities including Los Angeles, Sydney, Dubai and New York, according to the JLL 2017 City Momentum Index.
Ethiopia’s national carrier Ethiopian Airlines has announced that it will start flying to seven destinations in the next five months as it seeks to solidify its presence in Africa and globally.
South Sudan President Salva Kiir has appointed former foreign exchange director Othom Rago Ajak to head the Bank of South Sudan, replacing Kornelio Koryom Marik.
Close to 10,000 jobs are set to be created following the three year construction of the crude oil pipeline that will run from Western Uganda to Tanga Port in Tanzania.
Integrated digital payment and commerce company Interswitch Group has appointed Paul Mwaura Ndichu as its new East African CEO.
Mastercard today launched 2KUZE, a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa.
Airtel Kenya is undertaking strategic organisational restructuring to improve efficiencies across functions with an aim to enhance customer experience.
African gold producer Acacia Mining has held talks with Endeavour Mining about a merger that could create a £3bn Africa-focused gold miner.
International Quality & Productivity Center (IQPC) cordially invites you to attend the Modern Airports Africa Conference, officially supported by the Kenya Civil Aviation Authority.
Kenya has received the first batch of the freight locomotives for the standard gauge railway in readiness for testing slated to happen in the course of the first quarter of this year.
The Addis Ababa-Djibouti Railway, which connects Ethiopia’s capital to the Port of Djibouti has officially been opened.
Eastern Africa Grain Council, EAGC, has unveiled an online platform that will allow Rwanda grain and cereal farmers easy access to regional market information.
Zabidar Beer SC has unveiled a new trend in the industry with the unveiling of pull off caps, also known as RipCap, the first of their kind in the Ethiopian market, avoiding the customary bottle openers.
The Democratic Republic of Congo (DRC) has expressed interest in Uganda’s crude oil pipeline project and has expressed commitment in participating in its implementation.
Kenya’s national carrier Kenya Airways has announced plans to lay off 38 staff members as part of its second phase of right sizing.
The government of South Sudan through the Ministry of petroleum has extended the oil exploration and production licenses by five years for three multinational companies as it seeks to boost production.
[Column] James Ngunjiri: What Makes Nairobi the Only African City in Global Investors' Top Five Watchlist
Nairobi is on the global watchlist of top five fast modernising cities that are attracting new global business on growing realisation that big companies cannot operate from one sub-Saharan location in South Africa.
Kenya is considering converting a portion of its coal deposits to oil as part of measures to cushion the economy from the volatile fuel import market.
European Union lending arm, the European Investment Bank has confirmed that it lent $97 million to support investment by companies across East Africa in 2016.
Telecommunication company Telkom Kenya has made a raft of changes in its management as part of a broader strategy to strengthen the telcos’ operational and service excellence, drive ongoing growth and technological leadership while aligning the business with its transformation agenda.
Tanzania continues to enjoy the robust growth of the gaming industry in the recent past with the government having now pocketed $11 million in the 2015/2016 fiscal year compared to $7 billion the previous year.
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $992,000-grant to support the preparation of 7.8-MW hydropower project (HPP) in Kenya.
Kenya’s national carrier Kenya Airways has inked a codeshare agreement with Hong Kong Airlines to help improve connectivity and access in Asia.
A rising number of non-performing loans has seen the Central Bank of Rwanda announce new measures that will see it work closely with financial institutions as it seeks to strengthen its monitoring and supervisory roles.
A modern slaughterhouse built in Jigjiga town, Ethiopian Somali regional state, has begun exporting meat to the United Arab Emirates (UAE).
The number of foreign direct investments (FDI) projects into Africa increased by 6% in 2015, according to the FDI report 2016. Africa also recorded 156 more FDI projects than the Middle East in 2015, a figure that has widened by 98% compared with 2014.
Kenya’s power distributor Kenya Power has appointed Dr. Kenneth Tarus as its acting Managing Director and CEO. He replaces Dr. Ben Chumo who has been at the helm since 2014 and is exiting after attaining the government’s mandatory retirement age of 60 years.
London listed firm Ophir Energy, with its local venture partners BG Tanzania, Shell and Pavilion have announced the completion of drilling of two exploration wells offshore Tanzania well within set timelines.
Gemalto is supplying Uganda's Directorate of Citizenship and Immigration Control (DCIC) with its Coesys Visa Management that combines swift issuance of all visas and permits with biometric enrollment upon arrival.
Barclays Bank of Kenya has launched a partnership with China UnionPay, which will allow UnionPay cardholders to transact at Barclays’ ATMs and point-of-sale devices across the country.
This year has been such an amazing year for me in the various ventures I have been involved. I remember in January having alluded to “attracting what we are ready for”. Almost a year later I realize that indeed this is the case.
Ethiopia in June last year won a ‘non permanent’ seat on the United Nations Security Council. It officially commenced the two year tenure today.
Faulu Microfinance Bank, a member of the UAP Old Mutual Group, has hired Mr. Apollo Njoroge as its CEO.
With about one third of the food produced on the continent lost along the value chain, East African agricultural sector stakeholders want to harness technological innovations in order to reduce post-harvest losses.
Every business person world over especially in a partnership has at one time toyed with the idea of one day going solo. That moment when you are all by yourself trying to figure out why you are still at that dead end job. What keeps you there? Surprisingly your answers are as lame as they get.
Africa Business Communities interviews the Simon Andys, the CEO and founder of Premier Seed a Kenyan company that works with farmers in finding them ready export market for their produce especially in new and high value crops like herbs and vegetables.
Rwanda and Egypt heads of state have agreed on a plan to make the River Nile a transportation highway to the Mediterranean Sea to reduce import-export costs.
German carmaker Volkswagen (VW) and the Government of Rwanda have are in the final details of signing an agreement that will see the former set up an assembly plant in Rwanda to start making environment-friendly cars.
East Africa's biggest port of Mombasa will spend $980,000 to build a new cruise ship terminal aimed at boosting tourism, according to the port management.
Ethiopian Airlines will operate direct and non-stop services to Singapore from June 2017 using Boeing 787.
Malawi has signed a memorandum of understanding with Tanzania government on Songwe River Basin Development Programme (SRBD).
United Arab Emirates’ Etihad Airways and Precision Air entered into a code-share agreement with Precision Air for local and regional flights.
A Mauritius-based company, Ambo International Holding Ltd., has acquired 33 percent of government’s share in Ambo Mineral Water SC, bottler of the popular Ambo mineral water, at a price of $19.7 million.
Regional retail solutions provider Nakumatt Holdings has opened its 64th branch in Kigali, Rwanda. The new Nakumatt Kagugu Supermarket covering a shop floor space of more than 5,000square feet and located at Merez Centre Kagugu now pushes the retailer’s branch footprint in Rwanda to 3 branches.
Competition law in Africa is becoming increasingly active and, in certain respects, complex. The number of competition regimes, and the relationships between them, is on the increas
[Column] Partnering for impact: How government and the private sector can advance skills development in Africa
Private sector participation needs to be viewed as not only valuable to education and skills development but as integral to it. At a national level, the private sector should be considered an essential partner in education planning and as advisors to Ministries of Education.
[Kenya] Chris Kirubi appointed to the Africa Advisory Board at Harvard University Center for African Studies
Business mogul Dr. Chris Kirubi has been appointed to the Africa Advisory Board at Harvard University Center for African Studies for a period of three years.
The construction of Gibe III hydroelectric dam, which is located 470km south west of Addis Ababa, has been fully completed setting the stage for increased energy capacity for a country keen on ensuring electricity for all.
Liquid Telecom has become the majority shareholder of Raha, the country’s leading Internet Service Provider (ISP).
What makes a company grow? And how do we determine the growth of a company? Is it its impressive financial results? The storms it has weathered? Its expansion portfolio?
Kenya, Nigeria and Morocco are the fastest growing reinsurance markets in Africa, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes, Dr. Schanz, Alms & Company said in its yearly survey
MTN Rwanda and Engen have entered into a partnership that will allow motorists pay their fuel using mobile money.
17 insurance companies have teamed up to pool their resources in an effort to cover risks in the oil and gas sector.
Kifiya Financial Technologies PLC a local start up has come up with an electronic ticketing and payment system meant to tame the congestion of long distance bus transport and respond to sanity in the roads.
Stanbic Tanzania has relaunched its private banking services as it seeks to tap into high end customers and improve overall banking experience.
The United States says it isworking with Kenya on additional six new energy projects including Nyakwere Hills Solar Photovoltaic, Olkaria Geothermal Power Plant, Lamu Gas-to-Power Project and Isiolo Solar PV Power Plant.
The African Development Bank Group (AfDB) has approved $71.8 million grant and $3.1 million loan to the Government of Mozambique for the construction of an asphalted 70km road section in Northern Mozambique, to improve connectivity with Tanzania.
The U.S. African Development Foundation (USADF) in partnership with CITI Foundation has announced awards of $200,000 in grant funding to 20 young, East African social entrepreneurs developing businesses for social and community change
Kenya-born Dr. Saggia completed a degree in Medicine and Surgery at the University of Nairobi before embarking on a highly successful career in the ICT sector, where over the past 18 years he held various senior positions.
Mobile service provider Safaricom has announced that it is in discussions with five companies to broaden the availability of M-Pesa services.
Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and businesses in the area.
Pan-African law firm Bowmans has announced the opening of a new office in Dar es Salaam, Tanzania, with effect from January 2017.
Small businesses require professional business advice. Entrepreneurs with business ideas but no way of taking them through to fruition need sound advice.
Finland based private equity fund and financial services group Taaleri has set its eyes on the growing East and South African real estate projects with an offer of $100 million.
The Eastern and Southern African Trade and Development Bank, commonly known as PTA Bank, has changed its official brand name to TDB (Trade and Development Bank) as it seeks to increase financing.
Ethiopian Airlines is set to resume services to Conakry, capital of the Republic of Guinea, starting February 1st next year.
The Tanzanian government in a move to boost the national airline has made a $10 million commitment fee to Boeing for the delivery of a B787-8 Dreamliner in June 2018.
Mrs. Hope Murera has been appointed the new managing director of ZEP-RE (PTA Reinsurance Company) with effect from January 1 2017.
Leading event management company Pacific World says it will be expanding its operations to offer incentive experiences for their clients in Mauritius and Dominican Republic for 2017.
The African Development Bank’s (AfDB) series of regional consultations meeting with Civil Society Organizations (CSOs) continues across the continent. The East African leg opened yesterday in Nairobi, Kenya with CSOs advocating for financial support from African source.
Getahun Nana, vice-governor and director of bank supervision division at the National Bank of Ethiopia (NBE), has been appointed to lead the Development Bank of Ethiopia (DBE), a policy-lender bank which has financed major investment projects in Ethiopia worth billions of birr over the years.
Republic of Seychelles national carrier Air Seychelles has announced plans to fly direct to Durban starting March next year, marking its second route in South Africa after Johannesburg where it flies five times a week.
Leading UK based provider of PayGo Solar Home Systems, Azuri Technologies and home entertainment satellite provider, Zuku have launched the first integrated pay-as-you-go satellite TV package for rural off-grid consumers in sub Saharan Africa.
RwandAir’s Chief executive officer, John Mirenge has been elected president of the African Airlines Association (AFRAA) for 2017 replacing Ripton Muzenda, the CEO of Air Zimbabwe who has held the position for the last one year. AFRAA is a trade association of airlines from African Union
State owned Development Bank of Ethiopia has reworked its lending policy to cater to foreign horticulture investors as the country looks to entice international investors to invest more into the fledgling industry.
With wealth increasing in SSA, now is most definitely the time to explore the potential for edtech to revolutionise e-learning in this region of Africa. This article explains some of the implications of recent studies and statistics relating to edtech in Tanzania, and formulates some strategies for implementing m-learning technologies in this country.
ContinuityEastAfrica has officially opened its doors in Nairobi. The company offers full business continuity management services and capabilities to East African businesses and government entities from its new data centre and work-area recovery facility situated just outside Nairobi.
British-American Investments Company (Britam) has announced a new business management strategy – Going for Gold – to run from 2016 to 2020.
Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC.
Juniper Glass has announced that it has received all regulatory approvals necessary to conclude the final investments in its US$70 million greenfield container glass factory in Debre Birhan, Ethiopia.
Power generator Kenya Electricity Generating Company (KenGen) has announced plans to add 721 Megawatts of electricity from geothermal and wind sources to the national grid in the next five years at a cost of $8 billion.
Africa Development Bank and CRDB Bank Tanzania sign $120 million loan agreement to finance infrastructure and SMEs
The African Development Bank Group (AfDB) and CRDB Bank Plc (CRDB) of Tanzania have signed a U$ 120 million loan agreement to finance infrastructure and SME projects in Tanzania. The loan will support infrastructure development, particularly the power and transport sectors, which is a major constraint for Tanzania’s economic diversification and growth
The government of South Sudan has announced measures it says will seal gaps occasioned by drops in the production of oil resources.
[Uganda] MTN customers can now send money to Rwanda and Kenya with launch of outbound money transfer service
Uganda’s leading mobile service provider MTN has unveiled an outbound mobile money transfer that will see clients now send money across the region primarily Rwanda and Kenya.
Pay TV and equipment vendor StarTimes has slashed the prices of television sets as it seeks to deepen penetration. StarTimes Africa chief executive officer Jess Jing said the firm seeks to support efforts aimed at deepening access to television in the country.
Heineken Ethiopia has rolled out an expansion project for its Qilinto brewery on the outskirts of Addis Ababa at a cost of $112 million as it seeks to boost production and efficiency. Upon completion the company will have the largest production capacity in Ethiopia’s brewery industry overtaking the current market leader BGI Ethiopia by one million hectoliter.
Ethiopian national carrier Ethiopian Airlines is set to commence five weekly flights to Oslo Norway through the Stockholm route with its ultra - modern Boeing 787 Dreamliner effective March 26, 2017.
What is the potential for e-learning via smartphones via online courses such as MOOC and other mobile based edtech solutions (collectively known as m-learning strategies) for East Africa?
Kenya’s tier two lender Commercial Bank of Africa has announced plans to replicate its mobile banking service Mshwari to Ivory Coast in the third quarter of next year.
[Kenya] Monetary Policy Committee review Outcome of Previous Policy Decisions, Recent Economic Developments
The Monetary Policy Committee (MPC) of the Central Bank of Kenya met on November 28, 2016, to review the outcome of its previous policy decisions and the recent economic developments. The meeting was held against the backdrop of increased uncertainties in the domestic and global economies.