News

[Zimbabwe] Agric Trust disburses $87m to farmers, agribusinesses

10-23-2018 | 08:45:00
The Zimbabwe Agricultural Development Trust has disbursed $87,5 million to almost 530,000 small-holder farmers and agribusinesses, as it seeks to boost their operations.

Autograph Collection Hotels to debut in Kenya with Sankara Nairobi

10-23-2018 | 08:36:00
Autograph Collection Hotels, Marriott International’s collection of independent hotels, has announced that it will soon debut the brand into Kenya with Sankara Nairobi, slated to join the brand’s diverse portfolio of over 150 independent hotels.

AU Chairperson, Moussa Faki Mahamat, visits West Africa countries

10-23-2018 | 07:34:00
The Chairperson of the African Union Commission, Moussa Faki Mahamat, will undertake a visit to West Africa that will take him to Benin, from 22 to 23 October; the Republic of Guinea, from 23 to 24; and Nigeria, on 25 and 26 October.

[South Africa] Township schools win in JSE Investment Challenge

10-23-2018 | 07:27:00
More than 22 000 high school learners and university students have gained a solid understanding of how to invest in the stock market this year through the Johannesburg Stock Exchange (JSE) Investment Challenge.

Azerbaijan to launch direct flights to Sharm El-Sheikh, Egypt

10-23-2018 | 07:14:00
Among the flights that are expected to be launched to accommodate the increasing number of tourists visiting Sharm El-Sheikh are flights from Azerbaijan to Sharm El-Sheikh that will start operating on November 8.

Engility to support logistics training in Central African Republic

10-23-2018 | 06:37:39
Engility Holdings, Inc. won a $12.2 million task order in the third quarter of the year on the Department of State's Africa Peacekeeping Program indefinite-delivery, indefinite quantity vehicle, known as AFRICAP III.

Vestas awarded contract to construct two wind parks in South Africa

10-23-2018 | 06:32:04
Vestas’ global partner Enel Green Power has awarded Vestas a 294 MW order of V136-4.2 MW turbines, delivered in 4.2 MW Power Optimised Mode, for two projects in South Africa.

[Kenya] Tatu City Industrial Park records sustained demand for space

10-23-2018 | 06:25:00
The first phase of Tatu Industrial Park is nearly sold out, as demand for high-quality land for manufacturing, logistics and warehousing in the northern growth corridor of Nairobi increases at a record pace.

BringCom and Versa Networks in Pan African connectivity project

10-23-2018 | 06:21:00
Versa Networks, the innovator of a next-generation software platform, Versa Secure Cloud IP has announced a joint SD-WAN deployment with BringCom Incorporated, a telecommunications provider focused on telecommunications services in Africa.

AfDB launches $500m credit insurance deal with ATI, UK reinsurers

10-23-2018 | 05:14:00
The African Development Bank and African Trade Insurance Agency have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa.

Southern East Africa steps up customer experience, Genesys report

10-23-2018 | 05:00:00
Enterprises in Southern East Africa and Mauritius are rapidly stepping up their efforts to boost customer experience, reports omnichannel customer experience specialist Genesys.

Telecom Egypt signs $500m medium term syndicated loan

10-22-2018 | 12:00:00
Telecom Egypt has signed a $500million medium-term syndicated loan, which will be used to support its capital and operational expenditure and refinance an existing short-term facility.

COMESA launches 50 Million African Women Speak Project in Seychelles

10-22-2018 | 11:55:46
COMESA has launched the 50 Million Africa Women Speak project in Seychelles during a two-day stakeholdolder engagement held at Savoy Hotel. .

[Angola] BNA warns banks to observe prepayment rules

10-22-2018 | 11:51:55
The National Bank of Angola (BNA) will sanction commercial banks that do not observe the rules applicable to foreign exchange transactions of prepayments and will be prevented from carrying out new foreign exchange operations of merchandise imports.

The African Development Bank makes senior appointments

10-22-2018 | 11:51:00
The President of the African Development Bank Group, Dr Akinwumi A. Adesina, has announced new appointments to the Group.

Mastercard reinforces commitment to drive digital growth in Zimbabwe

10-22-2018 | 11:22:00
Mastercard President and CEO, Ajay Banga, this week visited Zimbabwe to show Mastercard's support for the country's drive to create a new wave of digital payments and inclusive growth.

[Nigeria] MDXI attains Microsoft Gold Data Centre certification

10-22-2018 | 08:16:00
West Africa’s largest full-scale data centre provider MDXI has attained the Gold Data Centre certification from Microsoft, thus strengthening its position as one of the leading Cloud Services providers in Africa.

Ethiopian Airlines to restart service to Mogadishu

10-22-2018 | 07:16:34
Ethiopian Airlines has announced that the airline will resume its flight to Mogadishu, Somalia, effective November 2, 2018.

[Kenya] KAM recommends strategies to achieve the Big Four Agenda

10-22-2018 | 07:14:06
Kenya Association of Manufacturers (KAM) has launched a report that seeks to identify cross-cutting constraints to growth, possible solutions, and sector-specific interventions to unlock the manufacturing sector’s growth potential.

Avelacom extends connectivity to South Africa capital markets

10-22-2018 | 07:10:00
Avelacom, the high-performance connectivity and IT infrastructure solutions provider for the financial services industry, has announced that it has extended its connectivity offerings to South Africa,