News

[South Africa] Naspers leads US$540 million investment in edtech company BYJU’S

12-20-2018 | 06:57:38
Naspers, a global internet and entertainment group headquartered in Cape Town, South Africa has led a combination primary and secondary US$540 million investment in edtech company BYJU’S.

[South Africa] Naspers to launch secondary listing on A2X exchange

12-20-2018 | 06:47:21
Naspers has announced that its shares have been approved for inclusion in the list of qualifying equity securities to be traded on A2X with effect from 27 December 2018.

AgDevCo to purchase coffee from 21,000 Ugandan smallholder farmers and cooperatives

12-20-2018 | 06:16:16
AgDevCo has announced an investment in Great Lakes Coffee, Uganda's leading producer and exporter of fully traceable, high-grade coffees.

[Kenya] Kipeto wind power project reaches financial close

12-20-2018 | 06:16:06
Kipeto Energy Ltd has announced it has reached financial close following the acquisition by leading growth markets investor Actis.

[South Africa] MTN Group announces executive appointments

12-20-2018 | 06:12:29
MTN Group has made several new executive appointments, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability.

National Energy Services announces multi-year contract awards in North Africa

12-20-2018 | 06:09:30
National Energy Services Reunited Corp., has reported awards of major multi-year contracts in North Africa and the Gulf region for its Drilling & Evaluation product line.

Mastercard SpendingPulse: South African consumer spending shows moderate uptick ahead of the festive season

12-20-2018 | 06:08:57
Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse™, which looks at overall retail spending trends across all payment types.

[Kenya] Sanitary products’ dispenser startup YZ-ME International wins 1M seed capital from Sinapis

12-20-2018 | 05:35:00
Sanitary products vending startup YZ-ME International has won a 1 million shillings capital injection from Sinapis Organisation. The startup won the capital during the Sinapis business pitching competition held in Nairobi this month.

Internet connectivity slowing down pay TV growth in Africa

12-19-2018 | 12:01:05
The internet has really changed how people do business around the world. Its efficiency and convenience are beneficial to almost every industry. The pay TV sector being one of them.

Africa receives only 5% of the international arrivals

12-19-2018 | 09:09:00
Africa’s travel and tourism industry continues to record impressive growth over the years. In 2017, the continent hit a 63 million high in international tourist arrivals as compared to 58 M in 2016 (+ 9% vs 2016).

[Tanzania] Ireland launches new $1.14 million partnership with TradeMark East Africa

12-19-2018 | 08:54:08
Ireland has launched a new $1.14 million partnership with TradeMark East Africa (TMEA) to facilitate increased trade for Tanzania.

ECA launches Africa Poverty Clock to monitor progress against extreme poverty

12-19-2018 | 08:22:05
Economic Commission for Africa has launched the Africa Poverty Clock.

Yahsat and Hughes form joint venture to deliver satellite broadband services in Africa

12-19-2018 | 08:22:00
Yahsat and Hughes Network Systems have entered into a joint venture to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia.

The nightmare before Christmas: Over 50% of South African shoppers have had their financial credentials compromised

12-19-2018 | 08:05:00
Cybercriminals targeting consumers’ banking credentials or online shopping accounts could hit the jackpot this holiday season as shown by the Kaspersky Lab report “From festive fun to password panic: Managing money online this Christmas”,

[South Africa] MTN implements first phase of new ICASA data regulations

12-19-2018 | 07:16:00
MTN is implementing the first phase new data regulations as required by the Independent Communications Authority of South Africa (ICASA).

[Kenya] Tuskys launches an online retail portal

12-19-2018 | 07:01:03
Kenyan Retailer Tusker Mattresses, has registered its footprint in the cyberspace with the launch of a dedicated online store.

Senegal to build sustainable digital economy with World Bank support

12-19-2018 | 06:07:55
The World Bank Board of Directors has approved a $180 million International Development Association (IDA) credit to support Senegal’s efforts to enhance the policy and institutional framework.

[Côte d'Ivoire] Sixty villages connected to the electricity grid

12-19-2018 | 06:03:07
Sixty villages in Man's department in the Tonkpi region of Côte d'Ivoire have emerged from darkness as part of the rural electrification component.

EU and Mauritius step up partnership on climate change

12-19-2018 | 05:57:32
The Government of Mauritius and the EU have held a High Level Policy Dialogue on Climate Change to discuss how to bring their partnership in climate change to the next level.

EIB invests €495 million in transport, energy and internet across Africa

12-19-2018 | 05:51:34
The European Investment Bank has formally agreed a total of EUR 495 million of new financing for three projects to support sustainable transport, clean energy and internet.