News

[Nigeria] Boeing, Green Africa Airways announce largest aircraft deal in Africa

12-21-2018 | 13:10:00
Boeing and Lagos-based Green Africa Airways have announced a commitment for up to 100 737 MAX 8 aircraft

Petroleum industry reforms set Angola on path to growth in 2019

12-21-2018 | 13:00:00
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.

Economic Commission for Africa, EU sign €3 million deal to accelerate continental free trade area

12-21-2018 | 11:34:00
The United Nations Economic Commission for Africa and the European Union have signed a €3million agreement aimed at supporting national implementation strategies for the continental free trade area.

IMF’s $3.7 billion loan to Angola the largest in Sub Saharan Africa

12-21-2018 | 11:31:22
The International Monetary Fund (IMF) loan of $ 3.7 billion to Angola is the largest loan made available to a sub-Saharan African country.

[South Africa] Cell C now fully compliant with ICASA regulations

12-21-2018 | 11:31:13
Following months of intensive development, Cell C is now fully compliant with the End-User and Subscriber Service Charter regulations in accordance with ICASA.

Africa Oil announces additional investment in Impact Oil and Gas

12-21-2018 | 10:40:00
Africa Oil Corp. (AOC) has made further investments of $20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK company with exploration assets in South and West Africa.

Liquid Telecom to establish multi-billion Rand 4G network in South Africa

12-21-2018 | 09:26:00
Liquid Telecom South Africa, part of the leading pan-African telecoms group Liquid Telecom, has announced that it will establish a multi-billion Rand 4G network in South Africa.

Pernod Ricard announces investment in Jumia

12-21-2018 | 09:11:26
Pernod Ricard, the world's second largest wine and spirits’ company present in 13 African countries, and Jumia, the an e-commerce player on the continent, have announced the strengthening of their partnership.

[Ghana] AgroCenta receives $250,000 GSMA Ecosystem Accelerator Grant

12-21-2018 | 09:08:00
AgroCenta has been selected to be the recipient of $250,000 GSMA Ecosystem Accelerator Grant, funded by UK DFID, Australian AID, and the GSMA and its members.

Airports Company South Africa signs information sharing deal with Airports of Thailand Public Company

12-21-2018 | 09:05:00
Airports Company South Africa has signed a sister airports agreement with Airports of Thailand Public Company Limited that will enable the two companies to cooperate and share information.

IFC signs accords with NBE to support Ethiopia's private sector

12-21-2018 | 08:37:00
IFC CEO has signed accords with the National Bank of Ethiopia (NBE) to expand trade and local currency financing as part of broad effort to support private sector in Ethiopia.

IFC and CNEA join forces to unleash Morocco's private sector potential

12-21-2018 | 07:45:00
IFC, a member of the World Bank Group, and the National Committee for the Environment of Business (CNEA) have signed a memorandum of understanding to improve business climate in Morocco.

[Kenya] CMA publishes Draft Regulatory Sandbox Policy Guidance Notes

12-21-2018 | 07:10:00
The Capital Markets Authority (CMA) has announced the publication of a draft Regulatory Sandbox Policy Guidance Note which will facilitate the admission of fintech firms to a Regulatory Sandbox.

[Nigeria] AM Best affirms credit ratings of African Reinsurance Corporation

12-21-2018 | 06:51:34
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of “a” of African Reinsurance Corporation Nigeria.

Rwanda, World Bank sign $150 million deal to expand access to housing finance

12-21-2018 | 06:47:17
The government of Rwanda and the World Bank Group have signed a $150 million International Development Association credit agreement to expand access to housing finance.

Ethiopia launches online investment guide

12-21-2018 | 06:42:27
Ethiopia has launched an online investment guide, iGuide, which seeks to help investors discover opportunities in the country.

[Kenya] CMA licenses first online forex trading money manager

12-21-2018 | 06:42:00
The Capital Markets Authority (CMA) has announced the grant of Kenya’s first Money Manager license to Standard Investment Bank (SIB) Limited to operate in the online foreign exchange trading space.

Kenya implements IMF's Enhanced General Data Dissemination System

12-21-2018 | 06:38:00
Kenya has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page.

[South Africa] SAA and Emirates expand commercial relationship with enhanced codeshare agreement

12-21-2018 | 06:22:00
SAA (South African Airways) and Emirates are expanding their commercial relationship with enhancements to a codeshare agreement, opening up new destinations for both SAA and Emirates customers.

GE EFS, Renewable Energy partner to deliver electricity to 40,000 homes in Kenya

12-20-2018 | 13:35:00
GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have announced a new partnership to provide technology and facilitate debt financing for its flagship onshore wind project in Sub-Sahara Africa.