News

Djibouti Telecom, Somtel, Telkom Kenya and SubCom complete manufacture of DARE1 submarine cable

12-06-2019 | 09:10:00
Djibouti Telecom, Somtel, Telkom Kenya and SubCom have announced that all manufacturing aspects for the Djibouti Africa Regional Express 1 (DARE1) submarine cable system are complete.

New dam set to benefit 250,000 Burkina Faso farmers with improved irrigation

12-06-2019 | 09:05:00
Saudi Fund for Development has partnered with the government of Burkina Faso to inaugurate a $130 million dam that is set to benefit 250,000 farmers with improved irrigation and land reclamation.

[Angola] Government furthers mechanization drive with award of 40 more tractors to agriculture operators

12-06-2019 | 06:15:00
Six agricultural operators in the municipalities of Lubango, Matala, Chibia and Caluquembe of Huila Province have received 40 tractors and their agricultural implements.

Worldwide spending on augmented and virtual reality to reach $18.8 billion in 2020, IDC

12-06-2019 | 06:12:00
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to be $18.8 billion in 2020, an increase of 78.5% over the $10.5 billion International Data Corporation (IDC) expects will be spent in 2019.

World food prices jump to record high in November, FAO Food Price Index

12-06-2019 | 06:08:00
World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils.

Central Bank of Egypt launches electronic platform for collection of mortgage installments

12-06-2019 | 06:05:00
The Central Bank of Egypt (CBE), in cooperation with the Social Housing Fund has launched an initiative to collect the installments of mortgage and home loans electronically.

[South Africa] Dti set to launch specialised industrial facility in Gauteng

12-05-2019 | 13:36:00
The Department of Trade and Industry (the dti), will launch the Specialised Industrial Facility (SIF) at the Ekurhuleni East Technical Vocational Education and Training (TVET) College, in Springs, Gauteng on Friday, 6 December 2019.

[South Africa] Odfjell teams up with Semco for a new dry-docking concept

12-05-2019 | 13:16:00
Odfjell Drilling and Semco Maritime have signed a contract for preparation and modification of Deepsea Stavanger prior to her commencement of a 9-month drilling campaign for Total in the harsh waters outside South Africa.

IFC, GAFSP invest in Uganda’s Grainpulse to boost farmers’ access to fertilizer and markets

12-05-2019 | 12:49:00
IFC and GAFSP announced a $11 million loan to Ugandan agribusiness company Grainpulse to support its expansion and strengthen its farmer supply chain, increasing food production and economic growth in the country.

PetroNor, Yinka Folawiyo Petroleum partner to manage Aje field offshore Nigeria

12-05-2019 | 10:47:00
PetroNor announces that it has finalised and entered into separate investment and shareholders agreement with the OML 113 operator, Yinka Folawiyo Petroleum (“YFP”) to manage Aje oil and gas field, offshore Nigeria.

[South Africa] uKheshe celebrates reaching its first milestone

12-05-2019 | 10:33:47
A year since launching, uKheshe, South Africa’s cheapest and most convenient QR cash card and micro transaction platform, has left an indelible imprint on South Africa’s unbanked and underbanked.

Vivo Energy Morocco appoints George Roberts new Managing Director

12-05-2019 | 10:23:39
Vivo Energy Maroc, the company in charge of the marketing and distribution of Shell brand fuels and lubricants in Morocco and Butagaz brand Liquefied Petroleum Gas, appointed George Roberts to be the new Managing Director, effective 1, 2019

[Kenya] Agritech startup Farmshine raises US$ 250,000 from Gray Matters Capital’s coLABS

12-05-2019 | 10:21:30
Farmshine, a Nairobi based agritech start-up has raised a USD 250,000 funding from US-based impact investor Gray Matters Capital’s gender lens sector-agnostic portfolio – GMC coLABS.

Dimension Data Security targets Africa and Middle East’s IT security market

12-05-2019 | 09:35:29
Dimension Data has launched its fifth business unit in Africa and Middle East (MEA) region aimed at helping organisations in the region address the challenges of today’s rapidly evolving IT threat landscape.

Eni, SNDP sign MoU to assess, extend experimental castor cultivation to produce sustainable biofuels in Tunisia

12-05-2019 | 09:32:00
Eni and SNDP signed an MoU at the Tunisian Ministry of Industry on joint collaboration, through a joint company, to cultivate castor at a semi-industrial level used to produce sustainable biofuels.

ICT and infrastructure provider Vox announces new partnership Angola Cables

12-05-2019 | 08:55:00
The new partnership will see Vox gain remote peering access to the undersea South Atlantic Cable System (SACS) that links Africa with the Americas.

Cargill invests $113 million to expand cocoa processing in Côte d'Ivoire and Ghana

12-05-2019 | 08:35:00
Cargill is investing over $113 million to expand its cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana.

[South Africa] First of its kind industry body to grow SA geospatial sector

12-05-2019 | 08:32:00
When we think of space, we generally think of SciFi shows such as Star Trek, or humanity’s current plans to send manned missions to Mars.

Investments in climate services for agriculture and food security outweigh costs, report

12-05-2019 | 08:30:00
Weather and climate services are vital for sustainable development and climate change adaptation.

AfDB approves €48,82 million for Desert to Power Yeleen programme to increase solar generation in Burkina Faso

12-05-2019 | 07:46:00
The African Development Bank (AfDB) has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.