The transformation of trade in Africa is a task that all African financial institutions must collectively pursue as major stakeholders in the African Export-Import Bank in its quest to facilitate African trade.
The African Development Bank Group has approved a US$15 million grant from the African Development Fund for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.
The Nigerian Petroleum Development Company, an Upstream Subsidiary of the Nigerian National Petroleum Corporation, has achieved a 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility.
Amazon Web Services (AWS), an Amazon.com company, has announced that it will open an infrastructure region in South Africa in the first half of 2020.
Telkom Kenya has announced plans to send home 500 employees as part of its workforce restructuring exercise.
Technology! A constant component that progressively weathers challenges of ecommerce evolution in every industry. Tourism is no exception and especially in Kenya, as stakeholders continually come up with innovative ideas and techniques meant to diversify tourism products. Google is the latest entry into boosting the sector, with the launch of the Google Street View in Nairobi.
Safaricom has today opened its new retail outlet in Eldoret town as part of its regional expansion strategy to reach customers in the regions.
Australian mining company Volt Resources (ASX:VRC) has formally received mining licenses ML 591/2018 and ML 592/2018 from the Mining Commission of the Ministry of Minerals of Tanzania.
HFC extends access to HF Whizz digital banking platform with USSD, higher loan and transaction limits
HFC, the banking subsidiary of HF Group has unveiled improved loan and transaction limits to its customers and extended access to include USSD via *618# to complement its HF Whizz App channel currently available on both Android Playstore and iOS Appstore.
Through the African Development Fund’s recent envelope of financial instruments, Malawi has received US$14 million for scholarships and infrastructure for its Higher Education, Science and Technology (HEST) program.
Remittance firm Okapi Finance has announced plans to expand in Botswana, Nigeria and The Democratic Republic of Congo (DRC) by the end of 2018.
Safaricom is this week marking its 18th anniversary since the official launch on October 23rd, 2000. As part of 18th-anniversary celebrations that began this week, the mobile operator today unveiled a new brand campaign targeted at reinforcing its commitment to customers.
Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans.
Naspers has announced the executive leadership team for the newly formed MultiChoice Group (formerly Naspers’ Video Entertainment business).
CR2, global banking software company, is negotiating with two banks operating in the Egyptian market to provide e-payment services, according to the company’s regional director Sherif Soliman.
After a prolonged period of economic stagnation and decline, African economies have experienced rapid growth over the last two decades. Poverty and malnutrition have fallen steadily during that period.
The US Department of Commerce has granted product exemptions for imports of 161 aluminium and 36 steel products from the Section 232 duties that the United States imposed against foreign imports.
International mining company Asanko Gold Inc. has launched the Asanko Women in Mining “Botae Pa Initiative” at the Asanko Gold Mine, AGM, in Ghana, West Africa.
The severe drought that brought Cape Town - one of the biggest tourist destinations in the world into the headlines, served as a wake-up call to the growing water crisis afflicting major urban settlements around the world.
The World Bank, in collaboration with United States Agency for International Development (USAID) and UNICEF, have announced plans to conduct a Technical Learning Session on Inclusive Education in Nairobi, Kenya. The event is co-hosted by the Government of Kenya