News

International Finance Corporation increases reach of index insurance for smallholder farmers in Zambia

01-19-2018 | 13:11:06
International Finance Corporation, a member of the World Bank Group, has unveiled a grant extension to Mayfair Insurance Company Zambia Limited, to support Mayfair in scaling up its weather-based index insurance product line in Zambia.

[Tanzania] Orca Exploration announces closing of the first tranche of the Swala Oil and Gas investment

01-19-2018 | 12:56:00
Natural gas exploration company Orca Exploration Group says the escrow release conditions have been met regarding the first tranche of the previously announced investment of up to $130 million by Swala Oil & Gas Tanzania in the Orca Group.

Central Bank of Somalia and Somali Financial Institutions work to modernize banking sector

01-19-2018 | 11:27:14
The Central Bank of Somalia and Somali Financial Institutions are taking crucial steps to modernize national payments systems.

Analysts predict bullish future for Nigeria’s Real Estate Investment Trust market

01-19-2018 | 11:20:00
Despite its existence for more than ten years, the Nigerian REITs market is underdeveloped with only three established and with a combined market capitalization of $151 million, or 0.36 per cent of the local stock market.

Partech Ventures launches fund targeting African tech startups

01-19-2018 | 08:59:00
Partech Ventures has launched Partech Africa fund, which has secured above $70 million commitments toward its target size of $120 million, making it the first technology fund of such size from a top tier international venture capitalist.

TPG Growth set to acquire TRACE, Africa’s music and entertainment company

01-19-2018 | 08:55:00
TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in TRACE, the afro-urban music and entertainment media.

ExxonMobil acquires exploration acreage offshore Ghana

01-19-2018 | 06:34:00
International energy company ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.

[Rwanda] Bank of Kigali picks Fiorano Software to drive its digital transformation

01-19-2018 | 06:29:57
Rwanda’s largest commercial bank, Bank of Kigali, has chosen US tech company Fiorano Software to install its payment platform, as part of the bank's digital transformation agenda.

New Power Africa guide to help electricity generators improve community relations

01-19-2018 | 06:25:58
Power Africa, a U.S. Government initiative to double electricity access in sub-Saharan Africa, has launched the Guide to Community Engagement for Power Projects in Kenya.

[South Africa] Government new health insurance scheme, growing ageing population to boost medical device market, report

01-19-2018 | 06:21:00
South Africa medical device market is expected to grow at an annual rate of 8.97 percent during the 2018-2024 period due to public-private partnerships to develop hospitals, government new health insurance schemes and growing ageing population.
 
Features

[Interview] Ibijoke Maxwell, Host/Executive Producer, The JoMaxwell Show, UK

01-18-2018 | 09:26:00
Ibijoke Maxwell is the Nigerian/British host of the Jo Maxwell Show, a show designed to give exposure to the African community in the UK media.

3rd Underground Infrastructure and Deep Foundations Egypt Conference | Cairo, 22 February 2018

01-16-2018 | 12:19:00
As Egypt embarks on a massive infrastructure expansion drive to stabilise and expand its economy, underground and deep foundations works represent an essential element of preparation

Sonangol Interview Discusses Enhanced Production in Angola

01-16-2018 | 11:31:00
With production decline a common challenge to offshore production in mature fields globally, operators in West Africa are taking advantage of innovative technical developments

[Column] Dominique Collett: South African fintech in 2018 – what can we expect?

01-16-2018 | 10:17:00
Fintech continues to surprise with little to touch the rise of bitcoin and cryptocurrencies in 2017. This will continue in 2018 and I make some predictions based on what we see happening globally and what we see taking place with our members at AlphaCode.

Conference: How business can make smallholder supply chains resilient | London, 13-14 March 2018

01-16-2018 | 09:08:00
The third in the smallholder series, this two-day conference will assess how business can connect the all-encompassing SDGs to their smallholder supply chains – and the business case for doing so

[Column] Idowu Oyebanjo: 2017- A year of mixed fortunes for Nigeria’s power sector

01-11-2018 | 10:13:00
2017 had its ups and downs and the power sector was no exception. The year started with a generally low mood in terms of the quantum of power generation available for distribution from none to a peak of 5,222MW on 18th of December, 2017.

[Column] Tobias Alando: Technology key to the future of manufacturing

01-09-2018 | 08:53:26
Current technological advances are creating a new automated age, with recent developments in robotics, artificial intelligence, and machine learning.

Contemporary exchange rate policies in Eastern Africa: helping or hindering development?

01-08-2018 | 09:21:57
For the past year, a debate has raged over the role and impact of the CFA franc in West Africa. Supporters of the controversial exchange rate arrangement argue that the peg to the Euro has delivered a credible and stable currency while keeping inflation low.

[Column] Richard Branson: The alternatives to Nigeria's power situation

01-05-2018 | 09:55:00
Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change.

[Interview] Peter Tole, Co-Founder and Director, Land LayBy Real Estate, Kenya

01-03-2018 | 08:49:00
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.