News

IFC, Attijari bank to support SMEs and energy financing in Tunisia

10-18-2018 | 13:04:00
IFC, a member of the World Bank Group, is providing a €40 million subordinated loan to Attijari bank Tunisia, a leading private bank in Tunisia, part of the Attijariwafa bank Group, to help strengthen its capital base and grow its lending operations.

Commercial Bank of Ethiopia modernizes payments with ACI solution

10-18-2018 | 13:02:00
ACI Worldwide a global provider of real-time electronic payment and banking solutions has announced that Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, is utilizing ACI’s UP Retail Payments solution to modernize its payments infrastructure.

Equitel in double-digit growth driven by mobile payments

10-18-2018 | 12:40:28
Equitel processed 87.9 million mobile commerce transactions between April 2018 and June 2018, up from 77.6 million transactions in the preceding quarter, representing a 13 per cent increase. At the same time the value of mobile commerce transactions increased to Ksh328.2 billion, a 13 per cent increase from Ksh290.3 billion that was processed over the same period.

Ethiopian Airlines success at Avinor Oslo Airport

10-18-2018 | 12:30:00
Since launching on 27 March 2017, Ethiopian Airlines has firmly established itself at Norway’s main airport. Now they are enhancing their service offering between Addis Ababa and Oslo Airport.

AMN and Intelsat partner to connect ultra-rural Sub-Saharan Africa

10-18-2018 | 10:50:00
Intelsat S.A, operator of the world’s first Globalized Network and leader in integrated satellite communications, and Africa Mobile Networks (AMN) have announced that Intelsat has made a strategic investment in AMN.

Angola spent $96 billion on infrastructure in 13 years, data

10-18-2018 | 10:44:00
The Angolan Government invested between US $ 99.5 billion and US $ 99.5 billion between 2002 and 2015 in the construction and reconstruction of roads, bridges, railways, airports, ports, dams, power distribution networks electricity.

Ghana works with FBI to take down online fraud targeting US companies

10-18-2018 | 10:07:00
Several US firms were recently targeted by online fraudsters who used elaborate scamming schemes to dupe them into incurring devastating financial losses.

GreenTec Capital opens new office in Lagos, Nigeria

10-18-2018 | 10:05:00
Frankfurt-based firm GreenTec Capital has announced that it is expanding its West African presence with the opening of a new office in Lagos, Nigeria.

Founders Factory to build and scale African technology startups

10-18-2018 | 09:38:33
London-based startup accelerator Founders Factory has partnered with Standard Bank to launch its first international location in Johannesburg, South Africa to build and scale a further 100 technology startups.

UNIDO and Senegal to establish an integrated agropole

10-18-2018 | 09:37:00
The Government of Senegal and the United Nations Industrial Development Organization (UNIDO) has completed a sensitization mission towards the development of an integrated agropole in the country’s rural centre.
 
Features

[Africa Tech Week] Google empowering African communities

10-18-2018 | 14:59:00
Google has over the last few months been actively involved in different activities across the continent. The search giant has also been rolling out some new features and also working closely with different organizations to empower local communities.

[Column] Hannalie Marsh: Payments in Africa drives innovation

10-18-2018 | 11:03:00
There is a great demand in Africa for cross-border payments and a need to regulate the payment industry on the continent while at the same time opening it up to include non-banks.

[Column] Sandiso Sibisi: Youth employment key to development in Africa

10-18-2018 | 06:15:00
Despite Africa’s impressive growth in past 25 years and its entry into the digital economy, the job market continues to be in a depressed state as youth unemployment continues to rise.

[Column] Sandeep Sharma: Long live digital transformation

10-17-2018 | 13:51:00
It is those companies that understand how to capture the moment of digital truth to transform the customer experience that will thrive.

[Column] Sunil Kaushal: How Africa’s banking sector rules have changed

10-17-2018 | 12:30:38
We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors.

[Interview] Paul Randall, Executive Director, Creditinfo

10-17-2018 | 09:56:00
Paul Randall is the Executive Director of Creditinfo, a credit information and risk management solutions provider in Africa and other countries across the globe. ,

The Ugandan Competition Enforcement - a comparison with South Africa

10-16-2018 | 09:08:00
Ugandan businesses are becoming increasingly mindful of competition requirements and domestic antitrust laws when engaging in commercial transactions in other African jurisdictions.

[SA Business Week] Water tariffs rise, no markets for black traders

10-12-2018 | 13:21:00
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.

[Kenya Business Week] The economic cost of trade misinvoicing

10-12-2018 | 06:40:00
Even as Kenya continues to seal loopholes of money laundering and illicit flows, details are emerging that the country is experiencing sophisticated forms of tax evasion.

Use of innovative technology in designing diverse tourism products

10-11-2018 | 13:15:00
Investment in new technology provides the tourism sector with opportunities for novelty, aimed at providing a platform for designing new and tangible tourism products.