News

Boomplay and Universal Music Group form distribution partnership in Africa

11-05-2018 | 08:41:00
Boomplay, African music streaming and download service and Universal Music Group (UMG) have today announced the signing of a landmark licensing agreement covering multiple markets within Africa.

[Nigeria] NNPC signs DSDP agreement with UK's BP Oil

11-05-2018 | 07:20:00
The Nigerian National Petroleum Corporation has signed a six-month Direct Sale-Direct Purchase (DSDP) agreement with the British Petroleum’s trading arm, BP Oil International, for the supply of Premium Motor Spirit, also known as petrol.

AMPG eyes development of low cost housing in Nigeria

11-05-2018 | 07:05:00
International real estate investor and developer, Arthur Mackenzy Properties Group (AMPG), is eyeing development opportunities in Nigeria in association with local government bodies and businesses.

[Ghana] Kwame Nkrumah University, TUM partner on sustainable development goals

11-05-2018 | 06:58:25
The Technical University of Munich (TUM) and Kwame Nkrumah University of Science and Technology (KNUST) in Ghana will become partners in innovation and sustainable development.

[Malawi] MCC’s investment increases Nkula hydropower station output to 36 megawatts

11-05-2018 | 06:50:47
Millennium Challenge Corporation Vice President, General Counsel and Board Secretary Jeanne Hauch has marked the closeout of the MCC Malawi Compact at a ceremony to commemorate the official hand-over.

[Nigeria] NEoT invests in Saboni Gari Energy microutility project

11-05-2018 | 06:45:13
RensourceEnergy, a Lagos-based distributed energy services company has announced an investment of an undisclosed amount in its first microutility project Sabon Gari Energy by Paris-based NEoT Offgrid Africa.

Making money with cryptocurrencies - here's how, financial expert

11-05-2018 | 06:17:00
Cryptocurrency has become especially popular over the last few years, as this is one of the ways of additional, and for some people an even primary source of income.

Ethiopia launches visa online and visa-on-arrival service for all African travelers

11-05-2018 | 05:53:00
Ethiopia has launched visa on arrival service for all African travelers as of November 1, 2018.

Mastercard Foundation announces new fund to seed young African leaders' ventures

11-05-2018 | 05:01:00
The Mastercard Foundation has announced a new fund that will enable young changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others.

Rwanda Government, Alibaba Group enter agreements to promote economic development

11-05-2018 | 04:50:00
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 lectronic world trade platform hub in Rwanda.

Sierra Leone launches $20 million project to support extractives sector governance

11-02-2018 | 12:54:47
The Government of Sierra Leone, in collaboration with the World Bank, has launched the second phase of the Extractive Industries Technical Assistance Project to support the artisanal mining sector in the country.

Afrilabs grows membership to 135 with entry of JokkoLabs

11-02-2018 | 10:57:25
AfriLabs, the pan-african network of 123 technology and innovation centers across 34 African countries has concluded a partnership with Jokkolabs.

50 Million African Women Speak project launched in DR Congo

11-02-2018 | 10:52:33
The Democratic Republic of Congo government has indicated its support for the 50 Million African Women Speak project which has now officially been launched in the country.

Seychelles launches world’s first sovereign blue bond

11-02-2018 | 08:43:00
The Republic of Seychelles has launched the world’s first sovereign blue bond—a pioneering financial instrument designed to support sustainable marine and fisheries projects.

[Ghana] Common Platform launched to assist taxman, NCA boost operations

11-02-2018 | 08:35:50
Global Voice Group (GVG) has announced the launch of a Common Platform (CP).

African Union, Transparency International renew partnership on fight against corruption

11-02-2018 | 06:55:28
The African Union Advisory Board on Corruption and Transparency International have signed a Memorandum of Understanding (MOU) on cooperation commitment to the fight against corruption.

Angola bets on artisanal fishing to grow economy

11-02-2018 | 06:48:26
Angola’s artisanal fishing sub sector continues to be the driving force behind the economic and social progress of communities, contributing to food and nutritional security, creating more jobs and raising household incomes

Etisalat Misr and MediaTek launch voice and video calling in Africa and Middle East

11-02-2018 | 06:44:42
Etisalat Misr and MediaTek have announced the commercial launch of next generation voice & video calling technologies - VoLTE & ViLTE - for the first time in the Middle East and Africa regions.

Nigeria losing $2 billion to trade misinvoicing, report

11-02-2018 | 06:35:37
Analysis of trade misinvoicing in Nigeria in 2014 shows that the potential loss of revenue to the government was approximately $2.2 billion for the year, according to a new study by Global Financial Integrity.

Greenlight Planet rolls out largest expansion in Rwanda

11-01-2018 | 13:54:25
Greenlight Planet, the global player in solar home energy products has completed a shipment of an order of 50,000 Sun King™ Home Systems for Ignite Rwanda project.