South African fintech, Xago, launches xgb, enabling end-to-end British pound transfers within minutes

06-27-2022 | 07:27:57
Xago Technologies (Pty) Ltd. in Cape Town, South Africa, announces support for the British Pound with its stable coin XGB which is backed 1:1 with the Pound, enabling clients across the world to purchase GBP, transfer and reach its pay-out point within minutes, highly securely, compliantly and with certainty.

Private sector development in Southern Africa region gets boost with approval of $30 million loan from AfDB

06-26-2022 | 19:03:00
The Board of Directors of the African Development Bank Group approved a $30 million loan to Norsad Capital Limited financing for businesses and to promote private sector development in the Southern Africa Development Community region.

Protecting food systems in Kenya: Farmers in need of policies to cope with drought

06-24-2022 | 15:33:26
While initiatives are already in place to support the communities that are affected by drought, there is need for development of strategies that provide long term solutions for the affected counties.

Introducing ECOSOCC’s new brand identity

06-24-2022 | 11:36:00
The Economic Social and Cultural Council (ECOSOCC) launched its updated brand identity, which includes a new logo, colours, font and website as part of the African Union’s rebranding of Organs and Agencies.

Africa50, AfDB and African Sovereign Investors Forum to jointly mobilize capital for infrastructure projects

06-24-2022 | 09:03:00
The African Development Bank, Africa50, and Africa Sovereign Investors Forum (ASIF), have signed a letter of intent to collaborate on developing green and climate resilient infrastructure projects across Africa.

[Cameroon] AfDB board approves €39.6 million loan to improve access to Kribi industrial and port area

06-24-2022 | 08:34:00
The Board of Directors of the African Development Bank approved a €39.62 million loan to Cameroon to improve road access to the industrial and port areas of Kribi, in the south of the country.

[Africa Tech Review] Nixon Kanali: African startups are still getting the attention of VCs

06-23-2022 | 14:48:38
This has been another interesting week for tech in Africa with a number of African tech startups across different industries raising funding to scale.

African sovereign funds sign deal to boost investment in Africa

06-23-2022 | 14:05:52
ASIF promotes collective and concerted action by African sovereign wealth funds and strategic funds for the development and growth of the continent for a more resilient, inclusive, sustainable and self-reliant Africa.

[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency

06-23-2022 | 13:16:00
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.

La BID revendique un portefeuille actif de près de 683 milliards de FCFA au Cameroun

06-23-2022 | 12:10:00
La Banque islamique de développement (BID), a estimé à 1,1 milliard de dollars (soit près de 683 milliards de FCFA au cours actuel du dollar), la valeur du portefeuille actif de cette institution financière islamique au Cameroun

United Nations landmark project addresses migration-related vulnerabilities in Gambia

06-23-2022 | 10:08:00
A new UN inter-agency project supports border communities along the Trans-Gambia-Corridor to mitigate migration challenges and create working opportunities for youth and women

Egyptian Foreign Minister Sameh Shoukry visits EIB to discuss COP 27 and investment in Egypt

06-23-2022 | 08:41:15
EIB President Werner Hoyer welcomes Egyptian climate leadership and confirms EIB support for climate action

[Column] Nitesh Singh: Communications Service Providers have critical role to play in the race to net-zero

06-22-2022 | 14:37:56
As concerns over climate change's lasting impact intensify, CSPs (Communication Service Providers) need to tackle an urgent double-edged dilemma.

[Nigeria] Ecobank launches Super Rewards Season III with one hundred customers

06-21-2022 | 22:53:32
Ecobank Nigeria, an affiliate of the leading Pan-African banking Group, Ecobank Group, has launched Season 3 of its Super Rewards Campaign.

AfDB names Jacques Edjangue as acting vice president, people and talent management complex

06-21-2022 | 22:33:00
The African Development Bank is pleased to announce the appointment of Mr. Jacques Edjangue as Acting Vice President, People and Talent Management Complex.

AfDB appoints Simon Mizrahi as Acting Vice President, technology and corporate services complex

06-21-2022 | 22:23:00
The African Development Bank has appointed Mr. Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex.

In 2021, Africa notches strong progress in building tax transparency, tackling Illicit financial flows

06-21-2022 | 21:54:00
African countries’ requests for information for tax collection purposes rose 26% over the previous year, signaling continued progress toward tax transparency in spite of a challenging environment.

[Uganda] 1,000 young entrepreneurs to receive start-up boost

06-21-2022 | 21:18:00
ITC and KOSME launch Youth Start-up Academy to improve start-up ecosystem in Uganda, increasing employment and business creation.

[Column] Tobias Alando: What Kenya’s Intellectual Property Recordation Programme means for manufacturers

06-21-2022 | 14:14:14
The growth in international trade, advances in technology, and changes in trading methods have come with new challenges that call for advanced strategies to effectively and efficiently combat illicit trade.

[Column] Vukani Mngxati: Building trust in the workplace is mission critical

06-21-2022 | 14:11:00
Earlier this year the global communications firm Edelman in its excellent annual Trust Barometer Survey found that close on seventy percent of those surveyed tended not to believe information until they saw evidence it was trustworthy.