The Angolan and Portuguese Governments has signed a convention in Luanda to end double taxation on income taxes and prevent fraud and tax evasion between the two countries.
The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana and the Ambassador of the Federal Republic of Germany to Rwanda Dr. Peter Woeste, have signed a financing agreement worth €42 million.
Communication Authority of Kenya has directed mobile operators switch off all unregistered SIM cards on their networks with immediate effect.
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to Independent Power Producers in Angola to encourage private investment in renewable energy.
Latency, the tiny time delay when a data stream has to travel thousands of kilometers between computers on different continents, is regarded as the enemy of the digital economy.
The United States Environmental Protection Agency (USEPA) has launched an initiative to strengthen air quality management in Addis Ababa.
Five months after joining Equity Group Holdings Plc, Polycarp Igathe has been confirmed and named the Managing Director of Equity Bank Kenya.
President Uhuru Kenyatta has said Kenya is keen on promoting more partnerships between the public and private sectors in order to spur more growth in the country.
Caledonia Mining Corporation Plc has announced an upgrade to the resource base at its 49 per cent owned subsidiary, the Blanket Mine in Zimbabwe.
“Financing industrialization is not only about chasing money,” Antonio Pedro, Director of the ECA Subregional Office for Central Africa has said.
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
The need for these data centres in Africa continues to grow exponentially with a report from Statista indicating that an estimated $188 is going towards data centres systems.
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
Mounting pressure on financial service institutions has forced a change in strategy as disruptors redefine the competitive landscape.
Digital transformation and emerging technologies have been generating significant interest in Africa recently. Public and private sector organisations are finding the promises of job creation and economic growth difficult to ignore.
Samuel Mugweru is the Chairperson of E-Preneurs Sacco Limited, a startup that brings online entrepreneurs together and trains them on how they can leverage existing online opportunities.
John Kamara the Director for Global Gaming Africa discusses how Africa has embraced blockchain technology transforming it into a global hub.
The World Bank recently released a study report with findings that the cost of remitting cash to African nations is higher compared to other continents all over the world. The report indicates that for every 200 dollars sent to Africa, a charge of 12% as remittance fee is imposed.
Peter Stenslunde, Executive Director of Wirecard South Africa, talks to Africa Business Communities about the state of this financial commerce digital platform, its set up in Germany, growth, expansion and future plans.
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.