News

Rack Centre announces $100m expansion to create West Africa’s largest data centre

09-25-2020 | 12:26:00
Rack Centre, carrier neutral data centre operator in West Africa, announced an expansion programme that will increase capacity to a total net lettable white space of 6000 square metres and allow for 13MW of IT power capacity in its Lagos campus.

Low- to mid-range smartphones dominate worldwide smartphone shipment in 2020, IDC report

09-25-2020 | 12:22:00
Economic uncertainties have increased the downward pressure on smartphone prices globally with 73 per cent of shipments in 2020 expected to be priced below $400.

Microsoft collaborates with AGRA to digitize agriculture in 11 African countries

09-25-2020 | 12:20:00
Microsoft has entered into a Memorandum of Understanding with the Alliance for a Green Revolution in Africa (AGRA) to co-create technology solutions in agriculture.

[Kenya] StarTimes adds WarnerMedia’s TNT to its content list

09-25-2020 | 12:12:00
Media and Entertainment Company, WarnerMedia, has expanded its entertainment offering in Kenya by introducing its Hollywood blockbuster channel, TNT, on pay television Company StarTimes media platform.

WorldRemit unveils app that allows users to track and trace their funds

09-25-2020 | 12:10:00
WorldRemit, a global digital payments company, has launched The WorldRemit Transfer Tracker mobile App for recipients of money transfers which allows them to track their remittances.

Digital Kungfu launches premium lead gen skills accelerator for Africa tech businesses

09-25-2020 | 12:08:07
South Africa’s tech company Digital Kungfu has launched Africa's premium lead-gen skills accelerator for tech companies.

Chenosis partners with Blusalt and Gwirio to power developers’ ecosystem in Africa

09-25-2020 | 12:03:00
Pan African cross-industry API marketplace Chenosis has announced the conclusion of its first set of strategic partnerships with Nigerian-based emerging digital platform provider Blusalt and Gwirio, a software services company founded in South Africa.

UnionPay partners with Interswitch East Africa to accelerate payment digitalization

09-25-2020 | 11:52:51
UnionPay International (UPI) and Interswitch East Africa (Kenya) announced partnership confirming Interswitch becoming a Third-Party Service Provider (TPSP) for UnionPay International in East Africa.

Fitch affirms Afreximbank’s BBB- credit rating with stable outlook

09-25-2020 | 11:31:00
The African Export-Import Bank (Afreximbank) announced Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook.

Access Bank commissions Oniru road project in partnership with Lagos State Government, Nigeria

09-25-2020 | 11:21:00
As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.
 
Features

[Survey] Threats and Opportunities for African Business in 2020 and beyond

09-26-2020 | 10:37:00
As a valued member of Africa Business Communities, we invite you to participate in this a survey to better understand the impact of COVID19 on the current economy in general and within specific industries, but also look at the near future

[Free Webinar] Incentro Presents: Digital Transformation in Africa with G Suite - use Google Cloud to run your businesses remotely

09-25-2020 | 08:34:00
See how your peers are using Google Cloud to run their businesses from home; Real-time collaboration, Video conference, Insight and data security, Manage discounts

[Column] Craig Parker: The potential positive impact from broadband investment in South Africa

09-24-2020 | 07:32:03
The 2020 lockdowns have fundamentally changed the way business operates with new operational models allowing remote working. Broadband connectivity is essential to achieve this.

Global trade in food and agricultural products more than doubles in last two decades, FAO

09-24-2020 | 06:21:00
Global agri-food trade has more than doubled since 1995, amounting to $1.5 trillion in 2018, with emerging and developing countries' exports on the rise and accounting for over one-third of the world's total, FAO reports.

Finance for renewables in developing countries on the rise, IRENA highlights

09-23-2020 | 07:12:00
Global finance to developing countries in support of clean and renewable energy reached $21.3 billion in 2017, which almost doubles the level from 2010 when international financial flows were at $10 billion.

[Column] Jens Ischebeck: Money Transfer Abroad: Questions you ever wanted to have answered

09-22-2020 | 14:32:00
Money transfer abroad is so easy today. And so difficult. $445 billion of remittances want to be transferred. This amount is higher than we can imagine.

[Column] Gabriel Swanepoel: How SMEs can leverage ecommerce to grow their business

09-22-2020 | 10:55:33
In the South Africa of about 15 years ago, total retail sales via ecommerce hovered at R2 billion. This year, the estimate for total online retail sales is close to R14 billion – a phenomenal 700 percent increase.

[Column] NJ Ayuk: Mozambique LNG project could be transformational for Mozambique if western environmentalists don’t interfere

09-21-2020 | 09:01:00
When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20 billion liquified natural gas (LNG) plant in Mozambique, this was major news.

65% of Kenya's workforce already earning less and more than half expecting the pandemic to further affect their income and/or employment, report

09-21-2020 | 07:57:00
A Standard Chartered survey finds that COVID-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half expecting the pandemic to further affect their income and/or employment.

[Column] Reem Asaad: The changing face of technology in Africa and the Middle East, how efforts at improving gender equality are making a difference

09-21-2020 | 06:57:00
Among the world’s top 10 global tech giants, women hold just 19% of tech-related jobs. In South Africa this figure amounts to 23%, according to Women in Tech ZA.