The National Basketball Association (NBA) named Victor Williams CEO of NBA Africa, effective Aug. 17, 2020.
IFC and the Uganda Bankers Association announced a partnership to train financial institutions SMEs in Uganda to help them build financial strength and resiliency to better meet the challenges of the COVID-19 crisis.
Access Bank Zambia and Cavmont Capital Holdings Zambia have signed a definitive agreement regarding a proposed merger of Access Bank Zambia and Cavmont Bank, a subsidiary of CCHZ.
Legacy Money Market Fund, a mutual fund managed by FCMB Asset Management (FCMBAM), has received a rating upgrade from A-(f) to A(f) by Agusto & Co, a foremost pan-African rating agency.
The Africa Centres for Disease Control and Prevention and the African Risk Capacity have launched two COVID-19 modelling tools for Africa: COVID-19 Potential Outcomes Scenarios and COVID-19 Spread Simulation Tool for Africa.
The Africa data center market by revenue is expected to grow at a compounded annual growth rate of over 12 per cent during the period 2019-2025.
PayAngel Money Transfer has partnered with Allianz Life Insurance Ghana to introduce a new revolutionary remittance product, the RemitCare Plan, to the Ghanaian market.
On 25 July 2020, a bulk carrier vessel, MW Wakashio, ran aground on the reef of Point d’Esny, off the coast of Mauritius, approximately 40 kilometres southeast of the country’s capital, Port Louis, carrying nearly 4,200 metric tons (MT) of fuel.
With more than six million students out of school due to closures related to the COVID-19 pandemic, the World Bank Board approved a project to support continued learning at home, and safe transition back to school during recovery.
The World Bank approved a $150 million International Development Association credit to improve tenure security and access to basic services for 1.7 million residents living in selected Kenya’s urban informal settlements.
Statistics South Africa (Stats SA) will conduct a trial to the first ever digital census to be conducted in the country.
Absa Regional Operations, ARO, has migrated to a platform offered by Fiserv Inc., to support credit card management and processing in nine African nations.
With a loan of $ 18.7 million, Proparco is supporting Kenya Nut Company, a family business that has diversified and has been active for more than 40 years in the nut sector, macadamia and cashew, in Kenya.
For the 2020 crop year, the operational teams of Bolloré Transport & Logistics have processed 10,575 tonnes, or 940 TEU, of mangos via air and maritime transport.
Republic Bank (Ghana) Limited, a subsidiary of Republic Financial Holdings Limited has advocated for issuance of a Green Bond in Ghana to raise long term financing for Green Building construction by developers.
A new European Union-funded ‘Livestock Production Systems in Zimbabwe’ (LIPS-Zim) project is working to increase agricultural productivity in the country’s agro-ecological Zones.
The global cloud ERP market is expected to grow from $45.3 billion in 2020 to $101.1 billion by 2025, at an annual compounded growth rate of 17.4 per cent during the forecast period.
Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator, has partnered with RTS on Cargo Revenue Management and Pricing Solutions.
BT Group has announced the appointment of Rob Shuter as CEO of its Enterprise unit and as a member of BT’s Executive Committee.
Qatar Airways has announced that it will resume services to Jomo Kenyatta International Airport Nairobi, Kenya with 14 weekly flights and to Kigali International Airport Rwanda with three weekly flights.