News

Kenya’s most Google-searched items in August 2018

09-05-2018 | 06:25:00
Sports betting platforms dominated the list of search items by Kenyans once again showing how betting is becoming a national past time.

Logistics platform Bwala Africa closes Ksh 24 million debt financing

09-05-2018 | 06:10:13
Bwala Group, a Kenyan last mile logistics marketplace has secured a Ksh 24m debt financing from South African-based bank CFC Stanbic to meet the rising demand for last mile fleet connectivity.

Tanzania’s electrified villages come to life with booming businesses

09-04-2018 | 13:23:08
In the newly electrified villages of Tanzania’s Tanga and Pwani regions, productive use of energy champions are inspiring local communities to use the new power source for income-generation.

Angola signs $170 million contract for supply of ten locomotives

09-04-2018 | 13:20:00
Angolan Railways, the consortium of Andrade Gutierrez and Zagope Angola have signed a contract valued at $169.3 million for the supply of 10 diesel locomotives with a capacity to carry seven thousand passengers.

[South Africa] Standard Bank to turn tweets into educational tools

09-04-2018 | 11:05:00
Standard Bank is set to launch first of its kind social campaign on Twitter to show that inspiring and positive tweets can be turned into tangible educational tools with the help of 3D printing and laser cutters.

[Kenya] NIC Bank and MHH International to roll direct import financing

09-04-2018 | 11:02:26
Kenya’s NIC Bank has partnered with MHH Japanese Cars, a subsidiary of MHH International, to extend loans to customers for Japanese sourced second-hand vehicles.

Afreximbank presents trade facilitation program to Egyptian banks

09-04-2018 | 10:23:00
The African Export-Import Bank (Afreximbank) has met in Cairo with leaders of the Egyptian Banking sector to present a new trade facilitation programme which it has developed to transform Africa's trade.

China loans Nigeria $328m to boost ICT sector

09-04-2018 | 10:12:00
As part of efforts to grow Nigeria's Information and Communication Technology sector, the Export-Import Bank of China will provide a loan of $328 million to support the country.

[South Africa] DMR Mpumalanga regional office closed

09-04-2018 | 09:17:00
Members of the public are advised that the Department of Mineral Resources’ Mpumalanga Regional Office will be closed from Monday 3rd September 2018 until further notice.

WorldRemit launches digital money transfer service within Africa

09-04-2018 | 08:49:09
International money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.

ECA leads UN efforts for a stable and prosperous Sahel region

09-04-2018 | 08:46:46
The United Nations is revamping its action plan to address the root causes of the complex crisis in Africa’s Sahel region, in particular outlining a development vision for the region.

Africa registry launches gateway solution for domain names in Africa

09-04-2018 | 07:48:00
African companies selling domain names today or planning to in the future deserve the same range of products and services to sell enjoyed by their peers in Europe, the US and Asia.

MainOne expands operations to Cote D’Ivoire, unveils $20m investment

09-04-2018 | 07:47:00
MainOne has reiterated its commitment to leading the digital transformation efforts of the Francophone region with an initial investment of $20m on cable landing and data centre projects in Cote D’Ivoire within the next 24 months.

OFID funding supports development in three African countries

09-04-2018 | 07:32:36
OFID, the OPEC Fund for International Development has signed public sector loan agreements totaling to US$37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.

Africa’s insurance industry poised for further growth – PwC survey

09-04-2018 | 07:28:00
Despite the additional pressures of unrelenting regulatory and insurance accounting changes, and the huge costs associated with the changes, there are some positive developments and opportunities for growth.

Somali President tours Huawei's Executive Briefing Center in Beijing

09-04-2018 | 06:52:32
As part of his visit to China on the sidelines of the FOCAC Summit, President of the Federal Republic of Somalia H.E Mohamed Abdullahi Farmajo visited Huawei's Beijing Executive Briefing Center and met with Yi Xiang, Senior Vice President at Huawei.

More Huawei innovations to speed up digital transformation in Botswana

09-04-2018 | 06:39:00
On his state visit to China, President Mokgweetsi Masisi of Botswana expressed that Botswana looks forward to cooperating in depth with Huawei, to promote socio-economic development and achieve sustainable development of Botswana through digital transformation.

EAC and FAO scale up support for youth in agribusiness

09-04-2018 | 06:35:17
The East African Community (EAC) and the Food and Agriculture Organization of the United Nations (FAO) have reaffirmed their commitment in creating more job opportunities for East African youth in the agriculture sector.

Nigeria Aviation records over $42m from airlines in 8 months

09-04-2018 | 06:34:00
The Nigeria Civil Aviation Authority has recorded over $16.98million as Ticket Sales Charge (TSC) from international airlines and over N9.16billion from local airlines between the months of January to August this year through its automation system.

China targets African countries with $60 billion kitty

09-04-2018 | 06:26:05
The 2018 summit of the Forum on China-Africa Cooperation currently underway in Beijing has seen China unveil a new $60 billion kitty for Africa’s development as part of a raft of new measures to strengthen Sino-Africa ties.