News

Mastercard enables a new era of payments in Egypt through innovation, collaboration and digitization

11-16-2017 | 09:18:00
Guided by its vision of a cashless world and since the beginning of its operations in the country, Mastercard has made financial inclusion one of its top priorities in Egypt.

[South Africa] Veridium and Wala in pilot digital banking project that authenticates users with biometrics

11-16-2017 | 09:15:00
Veridium, a leader in strong authentication using biometrics has partnered with Wala, a South African-based, blockchain-powered financial services platform for the unbanked, to bring universal financial services to emerging countries in Africa.

Ecobank Group research reveals three key emerging trends for Africa

11-16-2017 | 07:51:03
The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched today at AfricaFICC.

GE’s hardware and digital upgrades increase output at Azito Power Plant in Ivory Coast

11-16-2017 | 07:47:00
To improve performance and visibility into plant and turbine operations, GE’s Power Services business has signed an agreement with Azito Energie S.A. to upgrade two gas turbines at the company’s combined-cycle power plant.

Germany backs renewable energy project in Africa with the launch of RLSF, an innovative liquidity facility managed by ATI

11-16-2017 | 07:38:00
KfW, the German Development Bank, and the African Trade Insurance Agency have unveiled a new instrument to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale green power energy projects.

Agribusiness could be the next gate to youth employment in Africa, ECA

11-16-2017 | 07:34:46
More than ever, African youth have to overcome a long and hard journey to enter the labour market. Out of 11 million young people entering the job market in Africa every year, only 3 million end up in formal jobs and all do not have quality jobs.

[South Africa] Ignite relaunches E-Commerce technology platform for SMEs

11-15-2017 | 14:30:00
Technology is the business leveller that enables South African small and medium businesses to become global organisations – but not if internet and communication technology services are over-complicated or beyond the reach of entrepreneurs.

dormakaba South Africa opens hotel doors with tap and go

11-15-2017 | 14:00:00
dormakaba South Africa, a trusted partner for smart and secure access solutions worldwide, has designed a secure, accessible and easy-to-use mobile Bluetooth Low Energy solution for hotels.

[Senegal] Eutelsat partners with La Poste Sénégal to interconnect 200 post offices countrywide

11-15-2017 | 13:34:00
Eutelsat Communications, one of the world’s satellite operators has announced a multi-year agreement with La Poste Sénégal, the country’s public postal service company, to interconnect 200 post offices nationwide.

[Zimbabwe] Daimler Trucks & Buses Southern Africa unveils world class SelecTrucks centre

11-15-2017 | 13:30:00
Daimler Trucks & Buses Southern Africa, under the banner of ZIMOCO has unveiled SelecTrucks Zimbabwe. The new centre is located at the Harare Showgrounds.

Union Bank Nigeria announces N10bn Agricultural Fund in partnership with NIRSAL

11-15-2017 | 13:00:00
Union Bank recently launched its N10 billion agricultural funding scheme on the platform of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, an all-inclusive lending program established to de-risk lending to the Nigerian agricultural sector.

Debt - one of the biggest healthcare risks to South Africa’s workforce

11-15-2017 | 12:15:00
“In dealing with 34 000 employees nationally, we have seen that rising debt often leads to staff members developing physical and mental health problems, which puts companies at risk of reduced productivity and fraud."

The Nestlé Nutrition Institute Africa enables training of more than 100 healthcare professionals

11-15-2017 | 11:45:00
On November 9 and 10, 2017, two scientific symposiums were held in Yaoundé and Douala to mark the end of the training of 106 Cameroonian healthcare professionals in the postgraduate program in pediatric nutrition at the Boston University Medical School in the United States.

[Egypt] MARAKEZ automates operations with Yardi Solutions

11-15-2017 | 11:04:00
MARAKEZ, a subsidiary of Fawaz Al Hokair Group, has selected Yardi Voyager® 7S to electronically manage its lease and property management process for its leading shopping mall in Cairo, Mall of Arabia.

East African Community receives $1.2 million from AfDB to finance multinational road between Uganda and Tanzania

11-15-2017 | 11:00:00
The African Development Bank East Africa Regional Resource Centre (EARC), and the East African Community (EAC) have signed a financing agreement of $1.2 million to finance the Project Preparation Phase of three key Multinational Road Sections between Masaka in Uganda to Kumunazi in Tanzania.

[South Africa] Convergence Partners acquires stake in ESET Southern Africa

11-15-2017 | 10:22:23
Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners.

Ethiopian Airlines, Boeing announce order for four 777 Freighters

11-15-2017 | 10:15:00
Ethiopian Airlines and Boeing announced an order for four Boeing 777 Freighters – the world's largest and longest-range twin-engine cargo jet – in a deal valued at more than $1.3 billion at list prices.

ToLet.com.ng acquires Jumia House Nigeria

11-15-2017 | 10:04:00
ToLet.com.ng, Nigeria’s leading online property classifieds portal, has in conjunction with their existing investors, Frontier Digital Ventures, acquired Jumia House Nigeria, a competing property portal, for an undisclosed sum.

[Nigeria] NNPC to promote In-Country Technology

11-15-2017 | 09:55:00
The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialization of home-grown technology in collaboration with the Nigerian Content Development and Monitoring Board.

Ghana Home Loans breaks ground for the 2,000 unit affordable housing project

11-15-2017 | 08:42:55
Ghana’s President Nana Akufo-Addo has led the ceremonial ground-breaking of the first phase of a 2,000-unit affordable housing project financed by Ghana Home Loans at Appolonia City, Accra's new city development.