News

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.

Lumwana seeks long term partnership with Zambian Government

01-21-2019 | 13:27:14
Barrick Gold Corporation, owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation.

Mercedes-Benz considers car assembly in Egypt

01-21-2019 | 11:57:00
“Egypt is an attractive and competitive location for production and supporting logistics. With the planned local assembly we are confident to be able to expand our market position."

[South Africa] Helios Towers signs agreement with SA Towers

01-21-2019 | 10:38:26
Helios Towers has signed an agreement with the South African tower company, SA Towers, whereby the Group will acquire a controlling interest in the business of SA Towers and fund the business’s future rollout.

[Kenya] Safaricom introduces IT security solutions for enterprise customers

01-21-2019 | 09:58:00
Safaricom enterprise customers can now access a wide range of security solutions to protect their information technology (I.T) systems.

[South Africa] President signs tax bills into law

01-21-2019 | 09:54:41
President Cyril Ramaphosa has signed into law three 2018 tax bills that give legislative effect to the tax proposals announced by the Minister of Finance in last year’s annual National Budget Speech.

[Tanzania] Number of mobile money subscribers rises 4.7%

01-21-2019 | 09:43:23
The number of mobile money subscribers rose by 4.7 per cent during the third quarter of last year as telecommunication operators intensified their competition amid changing market sentiments.

[Kenya] Victoria Commercial Bank targets tech savvy corporate clients with new solution

01-21-2019 | 09:41:00
Victoria Commercial Bank (VCB), Kenya has gone live with an Appzillon-based omni-channel corporate banking solution to cater to the ever dynamic needs of their tech savvy corporate clients.

Vivo Energy strengthens Côte d'Ivoire presence in with new station

01-21-2019 | 09:37:00
Vivo Energy Côte d'Ivoire is strengthening its presence in the Ivorian market with the opening of a new Shell service station in the Municipality of Taabo.

AGCO launches innovative Farm in a Box initiative for Africa taking farm mechanization into rural communities

01-21-2019 | 09:30:00
AGCO, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, has unveiled its pioneering Farm in a Box (FIAB) initiative for Africa.