News

Court halts Djibouti port company from ending contract with DP world

09-05-2018 | 13:33:00
The High Court of England & Wales has granted an injunction restraining Djibouti's port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders' agreement with global trade enabler DP World as terminated.

[Kenya]Firms raised payroll numbers in August, Stanbic Index

09-05-2018 | 13:26:00
Operating conditions across Kenya’s private sector improved at a marked pace during August, reflecting sharper rises in output and new orders.

Africans spent more than 4 million hours reading online in 2018

09-05-2018 | 13:18:00
African mobile users have spent more than 4 million hours reading books on their mobile phones in 2018 according to Opera and Worldreader.

Political will in Ethiopia, Rwanda transforms agriculture, AGRA report

09-05-2018 | 11:55:59
Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support for agriculture.

[Nigeria] Tizeti secures $3 million Series A funding, mulls expansion

09-05-2018 | 11:48:25
Nigerian ISP start-up Tizeti and its consumer facing brand, Wifi.com.ng has closed a Series A round of $3 million.

Kenya hosts first Google Web Rangers Africa Summit

09-05-2018 | 11:01:45
Google Kenya is hosting the first Web Rangers summit in Africa aimed at spreading awareness about internet safety and promoting responsible digital citizenship on the continent.

LiveU expands hybrid IP satellite service to North Africa

09-05-2018 | 09:38:03
LiveU has announced plans to expand its affordable, hybrid global IP satellite service, which works in combination with its HEVC bonding technology in parts of North Africa.

MIGA seeks to grow investments and partnerships in Kenya and Rwanda

09-05-2018 | 09:32:00
S.Vijay Iyer, Vice President and Chief Operating Officer of the Multilateral Investment Guarantee Agency, MIGA, the political risk insurance arm of the World Bank Group – is set to visit Kenya and Rwanda.

Kenya Red Cross and Safaricom roll out disaster warning SMS tool

09-05-2018 | 07:43:50
The Kenya Red Cross Society has partnered with Safaricom to introduce an SMS based information tool to provide timely early warnings for disasters and lessen the adverse effects on communities.

MTN Business Kenya appoints new acting managing director

09-05-2018 | 07:24:21
MTN Business Kenya has appointed Festus Kiragu as its acting managing director following the departure of Kennedy Chinganya mid-last month.

Cargill doubles purchase of cocoa from Ghana, reaching 13,000 farmers

09-05-2018 | 07:00:52
The amount of sustainable cocoa sourced by Cargill in Ghana has doubled since the establishment of its own licensed buying company model, and over 13,000 cocoa farmers are now benefiting from the initiative.

[Uganda] BringCom acquires Datanet

09-05-2018 | 06:57:01
BringCom Incorporated, a provider of connectivity solutions to developing countries, has announced that it has completed the acquisition of Datanet.Com, LLC in Uganda

Kasha, Rwanda’s online health and beauty store launches in Kenya

09-05-2018 | 06:52:00
Rwanda Based women health and personal care e-commerce and mobile platform Kasha, has launched its operations in Kenya.

Mombasa, Mt. Kenya best areas for retail real estate, Cytonn report

09-05-2018 | 06:49:00
Cytonn Real Estate, the development affiliate of Cytonn Investments,has released its Kenya Retail Sector Report - 2018.

East Africa Metals receives nod to work on two Ethiopia gold projects

09-05-2018 | 06:42:14
East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects.

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.