News

Rwanda, Alibaba partner to launch electronic world trade platform hub

11-01-2018 | 07:27:50
Rwandan President Paul Kagame and Alibaba Group Executive Chairman Jack Ma have witnessed the signing of three Memoranda of Understanding between the Rwandan Government and Alibaba establishing an electronic world trade platform hub in Rwanda.

IMF reaches staff-level agreement on the 4th review for Egypt’s extended fund facility

11-01-2018 | 07:27:00
The IMF staff team and the Egyptian authorities have reached a staff-level agreement on the fourth review of Egypt’s economic reform program, which is supported by the IMF’s SDR 8.597 billion .

Terra Drone grows African foothold with South Africa office

11-01-2018 | 07:19:03
Terra Drone Corporation has established a new branch in South Africa specializing in drone solutions for underground and surface mining.

Standard Bank most valuable South African brand, report

11-01-2018 | 07:12:00
Standard Bank, with a brand value of $4.79 billion, is South Africa's No.1 brand in the first BrandZ™ Top 30 Most Valuable South African Brands ranking.

[Nigeria] Russia, UAE partner NNPC for oil, gas development

11-01-2018 | 07:11:00
The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation in the upstream, midstream, downstream and services sectors to further boost their various economies.

South Africa filmmakers in America on investment mission

11-01-2018 | 07:07:00
A group of South African filmmakers is in the United States of America to participate in the American Film Market in Los Angeles. The group is on an Outward Film and Television Investment Mission t that is organised and funded by the Department of Trade and Industry (the dti).

GTR Ventures makes first Africa investment

11-01-2018 | 07:03:18
GTR Ventures, the world's first investment and venture-building platform specialized in trade and supply chain, has announced an investment in Orbitt -- an African-focused fintech deals platform.

Naspers sets up a $9m fund to invest in South African tech startups

11-01-2018 | 06:42:46
South African media conglomerate Naspers has set up a R1.4bn ($96m) Naspers Foundry fund to invest into South African technology startups. The money will fund and support startups seeking to address big societal needs.

Ethiopian Airlines launches new flight routes linking US, Africa and Europe

11-01-2018 | 06:32:00
Ethiopian Airlines has changed the ultra-long haul route from Addis Ababa to Los Angeles to transit through Lome, Togo as of 17 December 2018 and will start a new route from Addis Ababa to Dublin via Madrid as of 15 December 2018.

Visa announces Visa on mobile payments partnership with Tanzanian telecom firm Halotel

11-01-2018 | 05:51:54
Visa, the global payments technology company, has announced a strategic partnership with Halotel to enable Visa on mobile payments on Halotel’s HaloPesa wallet in Tanzania.

Uber and Suzuki to expand UberCHAPCHAP option across Sub-Saharan Africa

10-31-2018 | 13:05:41
Uber and Suzuki Motor Corporation have entered into a new memorandum of understanding (MOU) to expand the fuel-efficient UberCHAPCHAP option across Sub-Saharan Africa.

Atlancis Technologies to offer Kenyan tech developers a digital marketplace

10-31-2018 | 12:27:00
Kenyan tech developers now have a digital marketplace where they can host their applications thus significantly cutting down their time to market.

Parallel Wireless partners with Telesol 4G to provide 4G LTE in Ghana

10-31-2018 | 10:10:28
Parallel Wireless, Inc., a leader in providing end-to-end open network connecting solutions - 2G, 3G, 4G, and 5G – today announced a partnership with the Telesol 4G brand, the fastest LTE network in Ghana. Parallel Wireless makes deployments as easy and as cost-effective as Wi-Fi and will use its services to connect citizens and businesses in Ghana with 4G wireless services.

E-health startup REMA wins Abidjan round of Seedstars

10-31-2018 | 09:49:00
Collaborative medicine platform REMA has been named the winner of the Cameroon round of Seedstars World. The startup will now represent the country at the Seedstars Summit in Switzerland to compete for up to USD one million in equity investment and other prizes.

Schneider launches world’s most advanced, most accurate power quality meter

10-31-2018 | 08:13:48
Schneider Electric, the global specialist in energy management and automation, has launched the world’s most advanced, most accurate power quality meter, the PowerLogic ION9000 series.

Samsung makes an addition to the J-series with the introduction of the Galaxy J6+ and Galaxy J4+

10-31-2018 | 05:42:28
Samsung Electronics has extended the J-series 2018 line-up with the introduction of the Galaxy J4+ and Galaxy J6+. These mass market smartphones further offer consumers a wider product range that is skewed towards specific tastes and preferences of the consumers.

Mastercard Farmer Network receives best AgTech solution award in Kenya

10-31-2018 | 05:32:00
The Mastercard Farmer Network, previously known as 2KUZE, received the Best AgTech solution award at the Digital Inclusion Awards recently held in Nairobi, Kenya.

Safaricom true value up 12 percent

10-31-2018 | 05:21:00
Safaricom’s True Value to the Kenyan society has increased by 12% to KES543 billion during its last financial year.This was 9.8 times more than the financial profit the company made during the same period.

IMF completes program review mission to Benin

10-30-2018 | 13:44:00
A staff team from the International Monetary Fund (IMF) has completed its October visit in Cotonou, Benin. The visit was to hold discussions on the third review of the three-year economic and financial program supported by the IMF under the Extended Credit Facility (ECF) arrangement with the Republic of Benin.

First Bank of Nigeria and Clickatell drive financial inclusion in Nigeria using WhatsApp

10-30-2018 | 13:36:00
First Bank of Nigeria, in partnership with Clickatell’s Transact division, has commercially launched their Chat Banking channel on WhatsApp.