News

[Kenya] Mary Wangari Wamae appointed Equity Group Executive Director

07-18-2018 | 13:32:20
Equity Group Holdings Plc has appointed its long serving Group Director of Strategy, Legal Services and Company Secretary Mrs. Mary Wangari Wamae as Group Executive Director overseeing the Group’s subsidiaries.

African institutions collaborate to reduce illicit financial flows

07-18-2018 | 13:28:00
As part of the revamped strategy to stem illicit financial flows from Africa, the IFF Working Group has met, to discuss implementation of the recommendations of the High Level Panel Report on Illicit Financial Flows from Africa.

Clayton Naidoo appointed Cisco General Manager for Sub Saharan Africa

07-18-2018 | 12:12:15
Multinational technology company, Cisco, has appointed Clayton Naidoo as the new general manager for Sub Saharan Africa.

[Morocco] SDX Energy receives $10 million credit facility from EBRD

07-18-2018 | 12:03:00
SDX Energy Inc., the North Africa focused oil and gas company has announced that through its subsidiary SDX Energy Morocco Limited, has signed a facility agreement with the European Bank for Reconstruction and Development.

Diamond Trust Bank Uganda launches Mastercard premium card solutions

07-18-2018 | 08:43:00
Diamond Trust Bank Uganda (DTB) has announced that it will be offering Mastercard’s premium card payment solutions in the country, which includes the Mastercard Gold Debit Card and Platinum Credit Card.

GE releases whitepaper on digitization of Africa's energy distribution

07-18-2018 | 08:33:04
As Africa faces emerging opportunities to help deliver efficient, affordable and reliable electricity to consumers, GE Power’s Grid Solutions business has unveiled a whitepaper on the “Digitization of Energy Transmission & Distribution in Africa.”

Globeleq to acquire South African renewable assets from Brookfield

07-18-2018 | 07:08:36
Globeleq, a power sector leader in Africa, and an affiliate of Brookfield Asset Management have reached a definitive agreement whereby Globeleq acquires Brookfield's interests in its South African renewable energy portfolio.

Sudan opens first visa application center in Saudi Arabia

07-18-2018 | 07:03:53
The Embassy of the Republic of Sudan in the Kingdom of Saudi Arabia has announced the opening of it's first-ever visa application centre in the world in Riyadh in partnership with VFS Global.

Equatorial Guinea cancels CHC Helicopters contracts for non-compliance

07-18-2018 | 06:56:54
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated all petroleum operators to cancel all contracts with Canadian-based CHC Helicopters due to noncompliance of Equatorial Guinea’s national content regulations.

Over 80 Kenyan companies boost productivity, cashflow with Kaizen

07-17-2018 | 13:38:00
More than 80 Kenyan companies have adopted Kaizen practices to improve operations in the last 19 years and have reaped considerable benefits in their productivity, cash flows and operations.
 
Features

[Column] Lana Jacobs: Shipping industry can gain from smart contracts

07-18-2018 | 06:41:33
International shipping could be among the first industries to embrace the commercial benefits of blockchain-based smart contracts.

[Nigeria Business Week] Ensuring co-operation and diligence in trade

07-13-2018 | 10:46:25
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.

[Interview] Kifle Bantayehu, Founder, Afrinection.com

07-13-2018 | 08:05:00
Kifle Bantayehu is an Ethiopian entrepreneur, consulting professional and policy strategist. He founded in 2016 Afrinection, a platform that closes several gaping holes in the African employment and investment market.

[Kenya Business Week] Tackling illicit financial flows

07-12-2018 | 10:34:00
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya

[Africa Tech Week] Growing continental remittances and footprint

07-12-2018 | 10:32:44
This has perhaps been one of the busiest weeks for Africa tech companies seeking to increase connectivity as rolling of infrastructure and boosting existing network services took center stage

[Startup Interview] Tomiwa Majekodunmi, CEO, NASPA, Nigeria

07-12-2018 | 06:48:00
At a time when the electricity needs of Africa continue to outstrip available supply, a company in Nigeria is investing in providing low cost, clean and sustainable energy to especially those not connected to the national grid.

[Column] Byron Mudhune: Looming danger in Africa’s food imports

07-12-2018 | 06:43:12
Addressing Africa’s food import and consumption has suffered from extreme mood swings with the pendulum moving from episodes of pessimism to euphoria.

[Columm] Jeremy Potgieter: IIoT set to drive African manufacturing

07-11-2018 | 11:23:00
The manufacturing sector is set to evolve thanks to the rise of the Industrial Internet of Things (IIoT). Specifically focused on industries with machinery and production processes, IIoT will significantly enhance manufacturing.

[Column] Pankaj Bedi: How can Kenya become an export-oriented economy?

07-10-2018 | 13:16:00
Today, Kenya finds itself in an awkward yet promising position in its history. For one thing, our unemployment rate is arguably one of the highest in the East African region.

[Column] Michael Pittelkow: Building a digital continent

07-09-2018 | 09:43:00
According to the World Bank's most recent report on Global Economic Prospects, despite the broad global recovery currently underway, Africa still faces substantial downside risks, especially relating to challenges with subdued productivity and potential growth.