News

[South Africa] Cell C bets on turnaround strategy to grow revenue

08-28-2018 | 12:30:00
Cell C has released its interim results for the period ended 30 June 2018, signaling how South Africa’s third largest telecommunications service provider is on track to deliver substantial growth through its strategic initiatives.

Kenya, US sign investment deals worth $238 million

08-28-2018 | 10:29:28
President Uhuru Kenyatta has witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged the US government to facilitate the operations of US businesses Africa.

Angola, Germany sign transport agreement

08-28-2018 | 08:20:00
Angola and Germany have signed an agreement of intent providing for cooperation in the fields transports, as part of the president João Lourenço's visit to the European country.

UN Habitat to develop Ras El Hekma waterfront city in Egypt

08-28-2018 | 08:15:00
UN-Habitat, General Organization for Physical Planning and New Urban Communities and UN-Habitat have announced the launching of the project RAS EL HEKMA Waterfront new city in Egypt.

[Botswana] China writes off loans

08-28-2018 | 07:56:55
The Embassy of the People's Republic of China has exempted the government of Botswana from payment of the three interest free loans.

Nigeria’s GDP slowed in 2018 second quarter

08-28-2018 | 07:15:54
Nigeria’s Gross Domestic Product (GDP) slowed in the second quarter of 2018, according to the National Bureau of Statistics.

[Mozambique] USTDA awards solar contract to WHN Solar

08-28-2018 | 06:29:47
The U.S. Trade and Development Agency has awarded a grant to WHN Solar, S.A. for a feasibility study to assess the viability of a solar photovoltaic (PV) plant of up to 100 megawatts.

Vodacom launches Africa’s first commercial 5G service

08-28-2018 | 06:18:36
Vodacom Group has announced that it has created Africa’s first standards-based, commercial 5G service in Lesotho.

Siemens uses data to create unique Africa fabrics

08-28-2018 | 06:09:00
The power of technology and fashion have combined in a thought-provoking project that demonstrates how data can transform African cities.

AfDB and FAO target agriculture investments to create wealth in Africa

08-28-2018 | 05:58:03
The African Development Bank (AfDB) and FAO have agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa to end hunger .

[South Africa] Absa CIB advises YeboYethu on Vodacom BEE deal

08-24-2018 | 12:59:00
Absa Corporate and Investment Banking (CIB) has been part of the recently announced Vodacom YeboYethu BEE deal in which it acted as the sole financial advisor.

SDX Energy conducts successful gas test at South Egypt well

08-24-2018 | 12:53:04
North Africa focused oil and gas company SDX Energy Inc. has announced a successful production test at its SD-3X appraisal well at South Disouq, Egypt.

UNIDO fosters sustainable youth employment in Africa

08-24-2018 | 12:48:09
The United Nations Industrial Development Organization (UNIDO) has taken part in the Regional Youth Conference in Rwanda.

Built Custom Burgers expands Into West African market

08-24-2018 | 08:14:00
Built Custom Burgers® has grown its African footprint with the opening of its first BUILT® restaurant in Accra, Ghana located at A&C Shell filling station, Boundary Road, East Legon.

Angola signs $500 million agreement with Germany's Commerzbank

08-24-2018 | 08:10:00
Angola has signed a framework agreement amounting to $500 million with and the German Commerzbank.

[Kenya] Horticulture project benefits over 1,000 women led households

08-24-2018 | 06:10:00
Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa.

[South Africa] Today’s Destiny Traders eyes Mozambique energy market

08-24-2018 | 06:08:00
The Managing Director of Today’s Destiny Traders says research he has conducted as part of preparation for his trip to Mozambique has shown that Mozambique is an emerging economy.

US, Ghana explore cyber security partnership

08-24-2018 | 06:04:00
Senior representatives from the United States and Ghana participated in a U.S.-Ghana Cyber Study visit to facilitate stronger bilateral cooperation on cyber issues.

ActiveAllocator deploys asset allocation platform for South Africa

08-24-2018 | 06:00:00
ActiveAllocator Group LLC has announced its expansion into developing markets with the release of a version of its strategic asset allocation system specifically for the South African market.

[Nigeria] Why multinationals, IOCs defy listing on NSE

08-23-2018 | 14:20:50
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation’s bourse may continue to ‘hit a brick wall’.