The United Nations Conference on Trade and Development (UNCTAD) and TradeMark East Africa (TMEA) have signed an MOU which is aimed at boosting trade in East Africa.
The African Development Bank has approved its first private sector investment in Sudan in a multi-currency loan equivalent to $75 million to DAL Group.
Sending and receiving money by mobile phone – pioneered since 2007 by Kenya’s Safaricom with its M-Pesa platform – can include more people into the economy in Africa
Cote d’Ivoire has unveiled a fleet of buses commissioned by the Société des Transports Abidjanais (SOTRA), supplied by IVECO and fuelled by compressed natural gas. ENGIE.
Eskom and the Agence Française de Développement (AFD) have signed a € 90 million loan agreement to support the electricity utility’s investments.
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries.
South African government has launched a $140 million fund to help small business start-ups that are geared towards creating employment opportunities.
Emergent Technology Holdings LP, a global financial technology company has acquired Interpay Africa, a payments processor based in Ghana.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
The African Export-Import Bank (Afreximbank) has signed an agreement with the Nigerian Export Promotion Council and, launching a $1-billion Nigeria-Africa Trade and Investment Promotion Programme.
The public and private sectors have this week recorded heightened activities with partnerships, trade and capital markets dominating headlines.
Questions have also been abound on the security of mobile money transactions platforms, and also on the capacity of African security agencies to tame the fraud. Progress is, however, being made.
In East Africa, a group of vanguard youthful innovators are transforming the region into a tech powerhouse through modern innovations.
Weeks after launching direct flights to the United States, Kenya is streamlining its aviation sector further.
50 per cent of all new Kenyan jobs are estimated to come from medium and large companies, despite them constituting only 20 per cent of all firms in the manufacturing and services sectors.
South Africa has, according to the report ‘Small Businesses in India, Brazil and South Africa: Basic Characteristics’, far less red tape than Brazil and yet that country manages to produce SMEs at double the rate.
Tony Idugboe is Vice President, Head of Investments at Itanna, an investment vehicle that drives and supports Nigeria's most promising tech-enabled startups.
South Africa continues to be the continent’s preferred destination for international investors due to its competitive market, favorable political climate, a booming middle class and strategic location.
In less than a decade, Africa ICT sector has experienced an unprecedented boom that has caught the world’s attention.
Even with mounting fears that rapid automation could reduce the number of jobs in the Kenya’s manufacturing sector, a new report posits that digital technologies can, in fact, boost job creation.