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30-10-2014 23:52:00 | by: Administrator | hits: 4606411 | Tags:

COMESA recruits 14 officers to facilitate cross border trade in the Great Lakes Region
23-06-2017 | 14:32:00
COMESA has recruited and deployed 14 Trade Information Officers to facilitate cross border trade along the eastern border of the Democratic Republic of Congo.
Incubator for Integration and Development in East Africa launched to support citizens and partners of integration
23-06-2017 | 12:30:00
The Incubator for Integration and Development in East Africa (IIDEA) developed as a joint initiative between the EAC Secretariat, Regional Dialogue Committee (RDC), and GIZ has been launched.
AfDB to support Mozambique SMEs in the construction sector along Nacala Corridor
23-06-2017 | 12:03:07
The African Development Bank has approved a $1million African Private Sector Assistance Fund (FAPA) grant to the Government of Mozambique to finance the Nacala Corridor Business Linkages Technical Assistance Project.
Djibouti unveils multipurpose port set to transform shipping in Horn of Africa
23-06-2017 | 11:52:00
Djibouti has unveiled the Doraleh Multipurpose Port (DMP), the country’s latest mega project.
African Property Group launches real estate marketplace websites in eight African markets
22-06-2017 | 11:03:00
African Property Group is launching eight new websites in emerging African nations that will allow the populations to search for properties, using their computers or mobile phones.
Indonesia to build refinery in Nigeria
22-06-2017 | 10:08:00
The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa.
Bolloré Logistics Nigeria secures warehouse management contract with Unilever
21-06-2017 | 10:35:00
Bolloré Logistics Nigeria has been handling a warehouse management contract to run Unilever Nigeria Plc.’s 16,290 sqm warehouse since September 2016.
World Bank supports access to finance in Sierra Leone with collateral registry
20-06-2017 | 15:26:25
The World Bank has launched collateral registry in Sierra Leone, an innovative financial tool that will allow smaller businesses to use movable assets like machinery to access loans, helping them grow.
Russia and Ethiopia sign MoU on cooperation in peaceful uses of atomic energy
20-06-2017 | 11:25:00
On June 19, 2017, ROSATOM State Atomic Energy Corporation and the Ministry of Science and Technology of Ethiopia signed the Memorandum of Understanding on cooperation in peaceful uses of atomic energy.
Uganda, Chinese consortium sign agreement on trade, livestock and transport projects
19-06-2017 | 16:28:15
Uganda and China have signed a Memorandum of Understanding three proposed investment projects ranging from trade, agriculture and transport.
COMESA countries agree on seamless upper airspace to boost safety and security of airlines
19-06-2017 | 14:05:46
Civil Aviation technical experts from the COMESA region have agreed on the implementation of the regional Seamless Upper Airspace project.
[Nigeria] MainOne launches plan to become largest internet hub in West Africa with Open-Connect Service
19-06-2017 | 10:49:00
Following the partnership of MainOne’s Data Center company with the Nigerian Internet Exchange to improve national transit traffic in Nigeria, the company has announced a new interconnect service for carriers.
GE in $575 million agreement with Ministry of Transportation and Egyptian National Railways to transform rail infrastructure
19-06-2017 | 08:39:00
General Electric has announced that it has signed a deal worth $575 million meant to transform Egyptian rail transport.
US Africa Business Center releases investor confidence indicator to inform policy decision
16-06-2017 | 13:36:11
The U.S. Chamber of Commerce’s U.S.-Africa Business Center has released its Investor Confidence Indicator for Africa (ICIFA). The tool is created to support business investment and government policy decision making on the continent.
[South Africa] DBSA secures $200m loan from Standard Chartered for key infrastructure projects in Africa
16-06-2017 | 09:53:10
Standard Chartered Bank has signed a $200 million term loan to the Development Bank of Southern Africa, DBSA.
Tunisia receives $500 million credit facility to improve business environment and ease access to finance
16-06-2017 | 07:27:00
The World Bank Board has approved the Business Environment and Entrepreneurship development policy loan to support the Tunisian government's continued efforts to promote stronger and more inclusive growth.
[Column] Bob Koigi: Awakening the giant: How Ethiopia overtook Kenya to become East Africa’s economic power house
15-06-2017 | 22:01:00
Kenya has traditionally held the enviable position of being the East African economic behemoth. But tables have now turned, and in a dramatic way.
IFC in $4.5 million investment in Medical Credit Fund to increase quality healthcare in Africa
15-06-2017 | 10:32:11
IFC, a member of the World Bank Group, today announced an investment of $4.5 million in the Medical Credit Fund, part of the PharmAccess Group, to increase access to quality healthcare in Africa.
ECOWAS Member States to agree on regional investment climate scorecard to unlock investment in West Africa
14-06-2017 | 14:35:00
The Economic Community of West African States (ECOWAS) and the World Bank Group will co-host the ECOWAS Investment Climate Scorecard Roundtable in Lagos, Nigeria.
Ethiopia, South Sudan to develop joint border infrastructure development projects
13-06-2017 | 11:17:00
Ethiopia and the world's newest nation South Sudan are to develop joint infrastructure development projects that would help create regional economic interconnection.
[Nigeria] 371, 000 Internally Displaced Persons to benefit from Dangote Foundation’s donation in Borno
13-06-2017 | 10:11:00
Africa’s foremost businessman, Aliko Dangote has donated food items worth more than N200 million to the people of Borno state.
Afrexim announces support for development of cotton value chain in West Africa
13-06-2017 | 08:20:18
The African Export-Import Bank will explore ways to support the development of the cotton value chain across the West Africa region.
[South Africa]The dti and UNDP partner on Centre for Trade Programmes
13-06-2017 | 07:31:00
The Department of Trade and Industry (the dti) and the United Nations Development Programme (UNDP) have partnered to implement trade and regional industrialization programmes.
The International Institute of Tropical Agriculture expands research investment with 205.5 hectare research farm in Nigeria
12-06-2017 | 11:44:57
As the International Institute of Tropical Agriculture (IITA) marks its 50th anniversary, the Institute today inaugurated a new research station in Ago-Owu in Osun state, Nigeria.
[Nigeria] NCDMB, Dangote Group Begin Collaboration on 650,000bpd Refinery
09-06-2017 | 15:30:00
The Nigerian Content Development and Monitoring Board and Dangote Group, have commenced collaborations towards ensuring maximum utilisation of local capacities in the construction of the company’s 650,000 barrels per day refinery.
[Column] Brett Parker: How homegrown innovation is solving many of Africa's most pressing challenges
09-06-2017 | 11:01:00
By now, I am convinced that you have heard of M-Pesa, the popular and often-cited mobile banking system that has become Africa's innovation calling card.
Lack of education and mismatched skills remain major obstacles to Africa’s development agenda, African Union
09-06-2017 | 10:43:00
The African Union Commission cautions that the future of Africa’s economic growth and the future of millions of Africans, is in jeopardy, if the underlying issues that hinder development are not adequately addressed.
USTDA creates opportunities for US businesses in Zambia
09-06-2017 | 10:37:29
During the Africa Energy Forum, the U.S. Trade and Development Agency signed a grant aimed at increasing electricity access in Zambia.
Kenya Association of Manufacturers bridges skills gap with new technical training programme
09-06-2017 | 10:22:00
Kenya Association of Manufacturers has launched its Technical and Vocational Education and Training (TVET) programme in Mombasa as part of the organization’s goal to bridge the skills gap in the country.
AfDB approves €5 million equity investment to support small businesses in Sub Saharan Africa
09-06-2017 | 10:19:17
The Board of Directors of the African Development Bank Group (AfDB) has approved a €5 million equity participation in Investisseur & Partenaire pour le Développement 2 (IPDEV.2), to support Small Growing Businesses (SGBs) in Sub-Saharan Africa.
[South Africa] Debt Review Awards to recognize top debt counsellors
08-06-2017 | 14:30:00
On Saturday 10th June, the debt review industry will be holding it’s breath to see who the big winners in this year’s Annual Debt Review Awards will be.
Gulf of Guinea Interregional Network to fight crime at Sea
08-06-2017 | 13:02:00
Nineteen coastal countries stretching from Senegal to Angola have started working together in a joint effort at fighting crime at sea.
[Kenya] Huawei boosts Standard gauge railway with digital communication network
08-06-2017 | 10:06:00
Huawei, a leading global Information and Communications Technology (ICT) solutions provider, announced recently that the railway operational communications network it built for Kenya's Mombasa-Nairobi rail project was put into commercial use.
World Bank boosts road connectivity in Northern Ghana with $150 million credit facility
08-06-2017 | 10:04:00
The World Bank approved has approved $150 million International Development Association credit for Transport Sector Improvement Project (TSIP) in Ghana.
Afreximbank sees Africa advancing to centre of global trade
07-06-2017 | 06:02:00
With its total trade topping $1 trillion in 2016, Africa is increasingly moving to the centre stage of global trade, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said.
[Nigeria] Re-commissioned Mosimi, Kano Depot take pressure off highways - NNPC
06-06-2017 | 09:02:00
Nigerian National Petroleum Corporation Group Managing Director, Dr. Maikanti Baru, has said that the corporation’s recently re-commissioned Mosimi and Kano depots have impacted positively on highways across the country.
Africa is tackling the threat of global warming one tree at a time - Samsung
06-06-2017 | 08:04:49
From the US to Thailand, the Caribbean and Kenya, this past month alone has seen countries across the world hit by devastating encounters with flooding.
IOX Cable and Alcatel Submarine Networks to build first open cable connecting Mauritius and Rodrigues Island to South Africa and India
05-06-2017 | 07:12:00
IOX Cable Ltd, a Mauritius-based company, and Alcatel Submarine Networks , part of Nokia, have signed a turnkey agreement for the deployment of the IOX Cable System.
[Column] Phyllis Wakiaga: Predictability earns investor trust
02-06-2017 | 06:36:00
For any economy to attract investments, it must be able to earn and maintain investor trust. Local and foreign investors gain confidence to trade in a business environment that guarantees a stable and predictable macroeconomic framework for businesses.
[Côte d’Ivoire ] MSC signs 35 year agreement to develop San Pedro container terminal
02-06-2017 | 06:32:00
MSC and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal (“TCSP”) in Côte d’Ivoire in the presence of H. E. Mr Amadou Gon Coulibaly, Prime Minister of Côte d’Ivoire.
[South Africa] Anchor Private Clients picks InvestCloud to offer communication solutions to its customers
02-06-2017 | 06:30:00
InvestCloud Inc., a global FinTech firm, has been appointed by Anchor Private Clients, the private client division of JSE-listed Anchor Group, to provide digital client communication and client reporting solutions.
Kenya launches first new railway in a century
31-05-2017 | 16:30:28
Kenya has replaced the over a century railway line with a new state of the art standard gauge railway which will ease transport and boost trade across the region.
GE unveils Nigeria’s first 3D auto-Ultrasound breast centre
30-05-2017 | 10:54:18
General Electric healthcare in West Africa and Central Africa has equipped and launched Nigeria’s first breast and gynecology center with state of the art medical machinery, in Lagos.
Public and Private Sector Leaders Join Forces to Unlock Private Investment in Sierra Leone
30-05-2017 | 03:04:45
Public and private sector leaders from across Sierra Leone and beyond met yesterday in Freetown to discuss ideas, initiatives and partnerships that can spur private investment.
Roads & Corridors East Africa 2017 | 20-21 June Nairobi, Kenya
29-05-2017 | 13:40:00
Governments across East Africa are set to change transportation and trade development by investing in the expansion and rehabilitation of existing roads, the creation of new road links between key cities and cross-border connections
Report on Port & Intermodal Projects in West Africa
29-05-2017 | 12:20:00
West African region, much like their easterly neighbours, is experiencing a surge in port development projects which will greatly expand, modernise and link shipping infrastructure across the region over the course of the next five years.
World Bank Supports Rwanda Road Development with $81m credit
29-05-2017 | 11:38:59
The World Bank has approved an $81 million International Development Association (IDA)* credit to support Rwanda’s transport sector.
Complimentary Report: Africa EPC Energy Projects – Challenges and Best Practices
29-05-2017 | 11:07:00
The AfDB alone has recently unveiled a $12 billion electrification investment plan, in support of its ‘New Deal on Energy for Africa’ which envisages universal access to electricity for the whole continent by 2025.
Djibouti launches country’s largest multipurpose port
29-05-2017 | 09:24:18
Djibouti has unveiled a 690 hectare Doraleh Multipurpose Port, the country’s largest mega project. The new port infrastructure is equipped with ultra-modern facilities that can accommodate 100,000 DWT vessels.
IFC supports forum on sustainability of family owned businesses in Senegal
29-05-2017 | 09:13:24
International Finance Corporation has collaborated with the Senegalese Institute of Administrators (ISA), to host the Administrator’s Forum, with a focus on the sustainability of family-owned businesses.
Senegal banks on $300 million rapid bus plan to improve urban transport
26-05-2017 | 08:48:16
Senegal is counting on a new Dkar Bus Rapid Transit pilot project to reduce by half the average rush hour in-vehicle travel time by public transport.
Africa Logistics Properties begin construction of Kenya’s largest distribution warehousing complex
26-05-2017 | 08:43:00
Africa Logistics Properties (ALP) has begun construction of Kenya's first modern grade-A logistics and distribution warehousing complex at Tatu Industrial Park.
Zanzibar bets on electronic certificate of origin systems to boost trade efficiency
25-05-2017 | 06:15:00
Trade efficiency systems in Zanzibar are expected to become efficient with the launch of an NTB monitoring and electronic certificate of origin systems by the Zanzibar National Chamber of Commerce Industry and Agriculture (ZNCCIA).
[Column] Flora Mutahi: How impactful is our ‘inclusivity’?
24-05-2017 | 15:18:35
Presently, there are 145,000 millionaires in the continent with a combined wealth of $800 billion.according to the Africa Wealth Report which also states that there will be 36% more millionaires by the year 2020.
World Bank Group supports public private dialogue to spur economic recovery in Somalia
24-05-2017 | 13:05:18
The Somali government and high level business actors have endorsed a Public-Private Cooperation Agreement to Accelerate Somalia’s Economic Recovery.
Global IP selects Hughes to bring high performance broadband to Sub Saharan Africa
24-05-2017 | 12:51:01
Hughes Network Systems, LLCthe global leader in broadband satellite solutions and services has announced that its JUPITER System has been selected to bring high-performance connectivity throughout the Sub-Saharan Africa.
Mobilitas AGS inaugurates its biggest multimodal logistics platform in Africa
24-05-2017 | 08:13:03
The Mobilitas-AGS group’s new multimodal logistics platform in Gauteng province, South Africa has officially been delivered.
New phase for Hub and Spokes trade initiative which aids Africa
24-05-2017 | 08:07:15
An innovative trade initiative which is expanding opportunities for business, employment and prosperity in African, Caribbean and Pacific countries will be extended to February 2019.
AfDB agribusiness funding lays strong foundation for transforming African agriculture
23-05-2017 | 10:10:47
The African Development Bank (AfDB) has provided a roadmap to the growth of agriculture in African countries with a plan to inject nearly US $2.4 billion every year for 10 years to build roads, irrigation infrastructure and storage facilities within Africa to attract high-value investors.
Vodacom launches first NarrowBand IoT network in Africa
18-05-2017 | 10:45:00
Vodacom, in partnership with Huawei, have successfully completed the launch of Africa’s first live NarrowBand IoT (NB-IoT) site which is fully compliant with the standardised 3rd Generation Partnership Project(3GPP) NB-IoT specifications.
IFC, Google, Convergence Partners, Mitsui Invest in CSquared to Improve broadband in Africa
18-05-2017 | 07:49:17
International Finance Corporation, a member of the World Bank Group, Google Inc., Convergence Partners, and Mitsui & Co. have agreed to invest up to $100 million in CSquared, a partnership focused on deploying wholesale, carrier-neutral, open-access fiber optic networks across Sub-Saharan Africa.
[Ghana] GE and Ministry of Health in partnership to give Greater Accra Ridge Regional Hospital facelift
18-05-2017 | 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.
Islamic body on private sector development and China-Africa Development Fund ink deal to boost infrastructure in Africa
17-05-2017 | 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
16-05-2017 | 13:56:00
Government’s radical economic transformation received a boost with the launch of the Vulindlela Heights Industrial Park in Mthatha, Eastern Cape.
[Nigeria] Infrastructure summit calls for bolder action from private sector to reduce Africa's infrastructure deficit
16-05-2017 | 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.
TerraPay feted for role in Sub Saharan Africa’s remittances market
15-05-2017 | 16:09:00
TerraPay, the world's first mobile payments switch, has received the Frost & Sullivan Visionary Innovation Leadership Award for international remittances in Sub-Saharan Africa.
DP World in a $442 million investment to develop Port of Berbera, Somaliland
15-05-2017 | 13:46:21
Global trade enabler DP World has celebrated its 30-year port concession for the management and development of a multipurpose port project at Berbera, Republic of Somaliland which started on 2 March 2017.
ATI supported $4 billion worth of trade and investments in 2016 with call for increased participation
12-05-2017 | 08:10:54
The African Trade Insurance Agency (ATI) held its 17th Annual General Meeting with sustained commodity price decline and current geopolitical uncertainties taking centre stage.
[Zambia] Dangote transforms Masaiti district, reduces cement prices
11-05-2017 | 11:41:00
A gravel road snaking through an open swath of land outside Ndola in Masaiti has no distinct name, but as one completes its 10-kilometre stretch, one name becomes clear – Dangote.
Sierra Leone bets on newly constructed Murray Town Jetty to tackle maritime threats
10-05-2017 | 16:10:46
Sierra Leone has officially unveiled a new purpose- built Murray Town Jetty which it is counting on to tackle the maritime industry’s greatest threats including unregulated fishing and smuggling.
Transnet to expand foothold to eight African countries
09-05-2017 | 16:37:08
Africa’s leading freight logistics chain Transnet has been on an expansion binge and is expected to set up shop in eight more African countries including Kenya, Liberia, Ghana, Nigeria, DR Congo, Senegal, Togo and Benin.
[South Africa] Johannesburg Chamber of Commerce and Industry signs export, import and investment MOU with China Trade Council
09-05-2017 | 16:28:00
The Johannesburg Chamber of Commerce and Industry and the China Council for the Promotion of International Trade have signed a Memorandum of Understanding (MoU) to enhance liaison and cooperation in the fields of export, import, investment, business information
Standards Organisation of Nigeria Opens Seme Office
09-05-2017 | 10:26:00
The Standards Organisation of Nigeria (SON) on Sunday inaugurated its Seme border office with assurance to intensify efforts at checking influx of substandard products into the country through land borders.
World Bank approves $ 200 million for rural roads in Zambia
09-05-2017 | 09:03:55
The World Bank's Board of Executive Directors has approved a $ 200 million International Development Association (IDA) credit under the IDA17 Scale-up Facility for Zambia to improve selected rural roads in six of Zambia’s ten provinces. Government will finance the remaining four provinces.
Oxfam challenges African leaders to champion new economic models that are fit for the future
04-05-2017 | 07:04:00
African leaders must build a new more 'human economy' to tackle inequality and poverty, Oxfam has said ahead of the World Economic Forum (WEF) on Africa. The meeting will bring political and business leaders together from across the continent to discuss how to achieve inclusive growth.
[South Africa] Sappi selects Kuehne + Nagel as sea freight order management partner
03-05-2017 | 14:00:00
Sappi Southern Africa, a subsidiary of Sappi Limited, the world’s largest manufacturer of dissolving wood pulp (DWP), has selected Kuehne + Nagel as its preferred partner for seafreight order management.
Africa presents a mixed foreign direct investment picture - EY Africa Attractiveness report
03-05-2017 | 09:33:00
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
Afreximbank Grants $300m to National Bank of Egypt to Support Industrialisation
01-05-2017 | 09:14:37
The African Export-Import Bank (Afreximbank) has granted a $300-million financing facility to the National Bank of Egypt (NBE) to support Egypt’s industrialisation efforts.
[South Africa] Training programme targets thousands of youth in artisanal and skilled trade sectors
28-04-2017 | 06:35:00
Artisan Training Institute (ATI), a leading technical skills training organization and the MasterCard Foundation have partnered to launch a program that will bolster the capacity of Training, Vocational, and Educational Training institutions (TVETs) to provide quality education to young people in South Africa’s artisanal and skilled trades sectors.
[Côte d'Ivoire] Bolloré Transport & Logistics Ivory Coast unveils water buses to ease congestion
28-04-2017 | 06:30:00
Bolloré Transport & Logistics Ivory Coast has launched public water transport vehicles in the Ebrié Lagoon. Six water buses, which will be operated by Société de Transport Lagunaire (STL)
[Rwanda] Construction of $2 million cross border market facilities takes off
27-04-2017 | 16:36:00
Construction of new and modern cross border market facilities worth $2.2 million has commenced in Rusizi at the border of Rwanda and Democratic Republic of Congo (DRC), following the ground breaking ceremony. Hon. Francois Kanimba, the Minister for Trade, Industry and East African Affairs (MINEACOM) presided over the event.
[Rwanda] Small businesses set to grow fortunes with $1 million boost from Mastercard
27-04-2017 | 11:14:00
In support of Rwanda’s Sustainable Development Goals, the Mastercard Center for Inclusive Growth has confirmed its commitment to a grant of up to $1 million over three years to support the growth of small business owners in Rwanda.
EAC partner states undertaking reforms in implementing the Common Market Protocol, Scorecard
27-04-2017 | 11:08:49
The East African Community Partner States have undertaken a number of reforms over the past four years to facilitate implementation of the EAC Common Market Protocol, this is according to the East African Common Market Scorecard.
GE picks Clarke Energy as a distributor of Jenbacher gas engines for six African countries
27-04-2017 | 11:02:33
To better serve the growing power and grid reliability needs in Africa, GE’s Distributed Power announced that it has recently signed an agreement with Clarke Energy to serve as GE’s distributor of Jenbacher gas engines for six additional countries in Africa, including Cote d’Ivoire, Democratic Republic of Congo, Ghana, Kenya, Morocco and Rwanda
APL set to return to Sudan after a 20-year hiatus
27-04-2017 | 10:55:13
American President Lines, APL, a US international shipping company has stated that it is resuming operations at the coastal port of Sudan after a 20 years’ hiatus.
[Angola] AfDB country support strategy focuses on Agricultural Transformation, Infrastructure Development in the next five years
27-04-2017 | 10:16:00
The Board of Directors of the African Development Bank Group (AfDB) has approved the Bank’s Angola Country Strategy Paper (CSP) to guide its interventions in the country in the next five years, focusing on Inclusive growth through agricultural transformation and supporting sustainable infrastructure development.
[Column] Phyllis Wakiaga: Building our economy on water
26-04-2017 | 17:01:00
Given the long history of drought in this continent, I believe that it is time we stop viewing it as an exogenous shock and more as a structural problem that we can address with our own abundant resources.
Abidjan Terminal gets four container gantry cranes to boost efficiency
26-04-2017 | 08:27:20
In order to increase the operational capacity of Abidjan’s container terminal, four new gantry cranes (RTG) were put into service. These new modern equipment will help improve the port of Abidjan development.
[Kenya] Courier Plus launches operations in Nairobi
24-04-2017 | 15:37:00
Nigeria based logistics and distribution firm Courier Plus has opened a Nairobi branch as it mulls expanding to other countries in the region to sate the growing demand for logistical services.
[Burundi] Trademark East Africa identifies interventions and location to enhance cross border trade
24-04-2017 | 13:27:04
TradeMark East Africa has proposed the need to adapt its engagement in Burundi by investing in projects that strengthen new export potential value chains, enhance cross border trade and increase the country’s participation in the regional market.
MTN South Africa and Huawei launch the first LTE LAA network in Africa
24-04-2017 | 11:03:24
MTN and Huawei have partnered to bring the first LTE Licensed Assisted Access (LAA) network in Africa. LTE LAA is an evolution of the LTE-Unlicensed mobile technology, which enables LTE to utilise unlicensed spectrum to significantly enhance network capacity.
Angola Cables completes system connecting Africa and the Americas to create new route for Internet traffic
21-04-2017 | 15:38:36
Taking a step closer to completing a valuable new route for the global telecommunications sector, Angola Cables today announced the completion of the marine survey for the South Atlantic Cable System (SACS), as well as the start of cable loading on the Angolan side of SACS.
African Development Bank to open a National Office in the Republic of Benin
20-04-2017 | 09:36:29
The African Development Bank Group (AfDB) Director-General for the West African Region, Janvier Litse visited the Republic of Benin from 10 to 12 April 2017 as part of a dialogue mission with the country's authorities.
AfDB provides $10.61m supplementary loan to rehabilitate and expand electricity distribution networks in Juba, South Sudan
14-04-2017 | 09:54:00
The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) supplementary loan of US $14.57 million to rehabilitate and expand the distribution networks in Juba, South Sudan.
Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes
14-04-2017 | 09:34:00
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.
[Uganda] Electronic Single Window to cut 30 per cent cost for traders
13-04-2017 | 15:16:33
An additional 16 government agencies involved in clearing international trade documents will be linked to the Uganda Electronic Single Window (ESW) as phase two of the system commences.
Ethiopia inks industrial parks development deals with China and UNIDO
13-04-2017 | 13:00:13
Ethiopia, China and the United Nations Industrial Development Organization (UNIDO) have agreed to strengthen collaboration on investment promotion, industrial parks development – including the Adam Industrial Park – and the upgrade of technical and vocational education and training.
Fastest growing region in Africa suffering from slow pace of structural transformation, ECA survey
11-04-2017 | 08:05:10
Despite being the fastest growing sub-region of the continent with an economic growth rate of 6.7 per cent, second in the world to East Asia, East Africa is lagging behind in terms of its structural transformation.
Nigeria real estate sector to record 5.39 percent growth
10-04-2017 | 13:27:00
Notwithstanding the negative growth recorded in 2016, the real estate sector is expected to grow at an average rate of 5.39 per cent between 2017-2020.
[Nigeria] Abuja Airport Runway 75% Completed - Aviation Minister
10-04-2017 | 11:02:43
Two weeks to the opening of the Abuja airport runway to traffic, the Minister of State, Aviation Sen. Sirika Hadi Sirika, has said the runway is 75 percent completed.