News

FCMB Nigeria promotes 537 staff, restates commitment to career and welfare development

11-20-2017 | 11:45:00
FCMB Group and its commercial and retail banking subsidiary, First City Monument Bank Limited, have promoted 537 staff. The promotion is part of the Group’s tradition of rewarding and motivating employees for higher productivity.

Google Africa sets up mentorship programs for tech designers, entrepreneurs

11-20-2017 | 10:04:00
Google Launchpad and Google Play South Africa were launched in November 2017 to boost African technology start-ups and develop a unique African design aesthetic.

[Nigeria] NNPC reviews corporate Governance to create fraud proof system

11-20-2017 | 09:51:00
The Management of the Nigerian National Petroleum Corporation is executing a major restructuring of its corporate governance framework to engender an accountable and fraud repellent system across its value chain.

Nestle Burkina Faso launches “Race for Life” to promote healthier living

11-20-2017 | 09:47:00
Nestlé Burkina Faso, in partnership with the Mayor of Ouagadougou and the Burkinabé Pediatric Society have organised the first edition of the corporate fund raising sports event called "Race for Life," with the aim to purchase incubators for the newborns.

Factoring and credit insurance seen as key for SME growth and regional integration - Kanayo Awani

11-20-2017 | 09:40:09
Innovative financial solutions like factoring and credit insurance offer keys to the growth of small and medium-sized enterprises (SMEs) in Africa and can enhance regional integration.

[Egypt] Afreximbank raises $150m equivalent in first-ever Samurai Syndicated Term Loan Facility

11-20-2017 | 09:35:34
The African Export-Import Bank has successfully completed its first ever Samurai Syndicated Term Loan Facility, raising the equivalent of US$150 million, comprised of two tranches of JPY 6.2 billion and US$100 million.

[Madagascar] World Bank Granted $45m to enhance public finance sustainability and the investment climate

11-20-2017 | 09:31:00
The World Bank has approved a $45 million grant for the second Public Finance Sustainability and Investment Development Policy Financing operation.

Central Bank of Egypt approves raising mobile cash transfer limit in Egypt

11-20-2017 | 09:26:40
The Central Bank of Egypt approved increasing caps on cash withdrawals and depositing under mobile-phone cash transfer services, head of marketing department at Vodafone Egypt Karim Shehata announced Sunday.

[Rwanda] AfDB Board approves $171m loans for water and sanitation program

11-20-2017 | 09:14:57
The Board of Directors of the African Development Bank Group (AfDB) has approved two loans amounting to US$ 171 million to finance Rwanda’s Sustainable Water Supply and Sanitation Program.

[Nigeria] NNPC, Chevron wrap up $1.7b deal to increase crude oil, gas production

11-20-2017 | 09:10:47
Nigerian National Petroleum Corporation and Chevron Nigeria Limited have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.
 
Features

[Column] Phyllis Wakiaga: Manufacturing should be everyone’s business

11-17-2017 | 13:30:00
South Korea, currently the 11th largest economy in the world, is often regarded as an economic miracle because of its rapid economic and social transformation, which continues to be a case study as to how global economies can achieve sustained and broad-based growth.

[Startup Interview] Samuel Munguti, CEO, Farmers Pride, Kenya

11-16-2017 | 13:30:00
At a time when smallholder farmers across Africa, who form the bulk of the food producers, are struggling with access to key agricultural inputs including fertilizer and seeds, Farmers Pride, based in Kenya has rolled out an elaborate plan to address these biting challenges.

Bring 'hidden' employee costs to light before the deal is done

11-15-2017 | 06:28:24
While it's unlikely that a company changing hands would deliberately conceal any employee costs and liabilities from potential buyers, due to the buyer's unfamiliarity with the local employment landscape it is possible to miss some employee costs..

Engaging Africa’s young girls with technology

11-13-2017 | 13:17:00
Young girls in Africa face overwhelming barriers to education caused by socio and economic challenges, widening the gender gap.

[Column] Dr. Steve New: Why potato farming is big business for Kenya

11-13-2017 | 11:30:00
Under the USAID funded Feed the Future Programme that is being implemented in Kenya through the Kenya Agricultural Value Chains Enterprises, we ventured into potato to increase productivity .

[Column] Phyllis Wakiaga: Why Kenya Needs an Industrial Water Policy

11-10-2017 | 13:38:13
Water is becoming an increasingly paradoxical subject; mainly because it is a universal basic need without which there would be no life, and yet, it is fast becoming the foremost depleted and scarce resource in the world.

[Startup Interview] Sol Mukasa, Founder, Brand Honcho, South Africa

11-09-2017 | 13:19:00
Sol Mukasa is the founder and head of Brand Honcho, a marketing and advertising agency that is changing the rules of marketing through broadening the way agencies and clients interact with one another.

[Column] Bob Koigi: The farm to folk business and getting our priorities right

11-09-2017 | 13:12:00
Africa can be the world’s breadbasket, numerous studies have suggested, painting a picture of a continent poised to emerge as a key supplier of food in a globe where population explosion and food price spikes are taking a toll on farmland produce.

[CEO Interview] Aubrey Swanepoel, CEO, Pfortner South Africa

11-09-2017 | 10:47:00
Aubrey Swanepoel is CEO of Pfortner, a secure communications development company that provides technology, systems and consulting services.

[Column] Rousseau Kluever: South African intelligence environment sees increased growth and adoption

11-08-2017 | 13:15:00
The adoption of Business Intelligence is as inescapable as cloud and Big Data, and as inextricably intertwined. Organisations which have adopted the technology early have seen significant competitive advantages.