News

[South Africa] Elisabeth Moreno appointed VP & Managing Director for HP Africa

01-23-2019 | 08:14:00
HP has announced the appointment of Elisabeth Moreno as the new Managing Director for HP Inc. Africa effective immediately.

[Nigeria] CDC announces new investment to support high-growth SMEs

01-23-2019 | 07:53:00
CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria.

AfDB approves $25 million Equity Investment in Fund for renewable energy projects in Africa

01-23-2019 | 06:37:06
The Board of Directors of the African Development Bank Group has approved an equity investment of up to $ 25 million in ARCH Africa Renewable Power Fund.

QNB most valuable banking brand in Africa and Middle East, Brand Finance report

01-23-2019 | 06:26:57
QNB Group, the largest financial institution in the Middle East and Africa (MEA), has been recognized as the most valuable banking brand in the MEA with a brand value worth US $5.04 billion.

AGCO and Germany cooperate in deepening farm mechanization across Sub-Saharan Africa

01-23-2019 | 06:22:10
AGCO has signed a Letter of Intent with the German Federal Ministry of Economic Cooperation and Development to implement a joint agricultural project in Africa.

South African Air Force receives radar processing technology from Cambridge Pixel

01-23-2019 | 06:17:53
Cambridge Pixel is supplying its secondary radar processing and plot extraction technology to Tellumat, as part of an upgrade of the South African Air Force's Secondary Surveillance Radars.

Solar-plus-storage beats combined-cycle gas in Jordan and Morocco, study

01-22-2019 | 14:51:00
Solar-plus-storage is already competitive with the world's most efficient form of gas generation in Morocco and Jordan, according to new research from Wood Mackenzie Power & Renewables.

[Egypt] EGX finishes the development of its 30 index methodology

01-22-2019 | 13:25:00
The Egyptian Exchange (EGX) has finished the process of developing the methodology of entering the listing companies into EGX 30 index, as per its attempts to increase the efficiency of all market indices.

Global Credit Ratings clarifies its not exiting Kenya

01-22-2019 | 10:32:00
South Africa's Global Credit Ratings (GCR) has clarified that it is still operating in Kenya and is not contemplating a withdrawal.

NIC Bank partners with WorldRemit for digital money transfers to Kenya

01-22-2019 | 09:39:36
Digital money transfer service WorldRemit has joined forces with NIC Bank for digital money transfers to Kenya.

Nigeria federal government to source forex from Dangote Group

01-22-2019 | 09:34:55
The Federal Government in Nigeria will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.

[South Africa] Naspers to separately list MultiChoice and unbundle its shares to Naspers shareholders

01-22-2019 | 08:47:30
Naspers has announced of its intention to list its video entertainment business separately on the JSE as MultiChoice Group and simultaneously unbundle its shares in this business to Naspers shareholders.

[Nigeria] ETI appoints Arunma Oteh to its Board of Directors

01-22-2019 | 07:22:31
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director.

Egypt, Tunisia sign working program on fishing

01-22-2019 | 07:09:03
Egypt and Tunisia have signed a working program to exchange expertise in the fields of sea fishing and fish farming for 2019/20.

IFC, Mauritania government partner to strengthen entrepreneurship and business environment

01-22-2019 | 07:06:54
IFC, a member of the World Bank Group, has announced an advisory agreement with the Government of Mauritania to improve the business environment and strengthen entrepreneurship in the country.

Angola set to join the electronic window of foreign trade

01-22-2019 | 07:02:38
Angola will join the platform of the Single Window of External Trade from 2021, with a view to facilitating the movement of goods at the borders.

International tourist arrivals to Africa grew seven per cent above the world average in 2018, report

01-22-2019 | 07:00:00
Africa and Middle East Middle East grew above the world average while Asia and the Pacific and Europe grew at 6%; 2018 totaled 1.4 billion international tourist arrivals.

[South Africa] Sanlam appoints Sydney Mbhele as Chief Executive, Brand

01-22-2019 | 06:38:00
Sanlam Group has appointed Mr Sydney Mbhele as the Chief Executive for Brand, with effect from 01 April 2019.

[Kenya] Customers not ready for robotic agents but value mobile banking, survey

01-22-2019 | 06:15:00
Bank customers in Kenya have not yet warmed up to the idea of robots and artificial intelligence and would rather have humans handle their customer service needs.

Exim Bank India invests $95 million in Mozambique’s railway

01-21-2019 | 13:31:00
Export-Import Bank of India, Exim Bank, has, on behalf of the Government of India, extended a Line of Credit, LOC, of $95 million for procurement of railway rolling stock.