News

Wentworth relinquishes Tembo block, set to close Mozambique office

01-03-2019 | 13:33:00
Oil and gas company Wentworth has announced that it intends to relinquish the onshore Tembo block in Rovuma Basin.

Cryptojacking shows no signs of slowing down in 2019, says ESET

01-03-2019 | 12:16:59
Cases of cryptocurrency mining and cryptojacking will continue to grow in 2019, as attackers target smart devices and home assistants to build cryptomining farms, according to ESET’s latest trends report.

EFG Hermes Leasing in deal with HSBC Bank Egypt to finance capital expansions for SMEs

01-03-2019 | 12:06:07
EFG Hermes Leasing and HSBC Bank Egypt have signed a collaborative agreement that will help small and medium-sized enterprises (SMEs) get access to EGP400 million in leasing.

Sub Saharan Africa governments partner with UNDP to install solar systems in rural health centers

01-03-2019 | 12:02:00
Governments in Sub-Saharan Africa have partnered with UNDP to launch the Solar for Health initiative to install solar systems in rural health centres and clinics.

Blockchain-based social network Jamaa launches in South Africa to fight spread of fake news

01-03-2019 | 11:51:07
Blockchain-based social network Jamaa has launched its operations in South Africa to overcome the growing cases of fake news, while enabling all users to get paid just for using the network.

[Kenya] CMA warns against Kenicoin initial coin offering and trading

01-03-2019 | 10:24:00
In a bid to protect investors, Capital Markets Authority (CMA) has cautioned the public against participating in any initial coin offering or trading in any coin exchange offered by Wiseman Talent Ventures.

[Nigeria] CNOOC Limited announces Egina Field commenced production

01-03-2019 | 09:27:01
China National Offshore Oil Corporation, CNOOC, has announced Egina Field, located in deepwater offshore Nigeria, has commenced production.

FMO, Symbiotics and Zola Electric announce new $32 million facility for Zola’s Tanzania expansion

01-03-2019 | 09:23:54
ZOLA Electric, FMO and Symbiotics have announced a $32.5 million facility to finance the growth of ZOLA’s Tanzania operations over the next 5 years.

South African Reserve Bank (SARB) Deputy Governor Francois Groepe resigns

01-03-2019 | 09:02:00
The South African Reserve Bank (SARB) has announced the resignation of Deputy Governor Francois Groepe effective 31 January 2019.

South African Airways expands nonstop service between Accra and Washington

01-03-2019 | 07:25:55
South African Airways (SAA) has announced it will increase its frequency on nonstop flights between Accra’s Kotoka International Airport and Washington, D.C.-Dulles International Airport to five days weekly.

[Kenya] GE Renewable Energy, GE EFS partner to provide technology for the Kipeto wind project

01-03-2019 | 07:22:38
GE Renewable Energy and GE Energy Financial Services, GE EFS, have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa.

Nigerian Stock Exchange launches X-Bot to enhance market participation

01-03-2019 | 07:19:00
The Nigerian Stock Exchange, NSE, has launched X-Bot, an artificial intelligence (AI)-powered Chatbot that responds directly and automatically to enquiries through Facebook Messenger.

Zimbabwe's Free Web Hosting service expands to South Africa

01-03-2019 | 07:11:00
Free Web Hosting, initially launched August 2018 in Zimbabwe, has extended its services to neighboring South Africa.

Telkom Kenya introduces Free Zones for its pre-paid voice customers

01-03-2019 | 07:04:34
Kenya's third largest mobile operator Telkom has launched Free Zones for its pre-paid voice customers. The Telkom Free zones according to the operator are part of its commitment to offer more value and benefit to its customers.

Communications Authority of Kenya warns of Emotet malware targeting network systems

01-03-2019 | 06:45:52
The Communications Authority of Kenya (CA), has warned of a new malware known as ‘Emotet’ targeting network systems in the country.

Kenya’s taxi-hailing firm Little to roll out minibus services in Nairobi

01-02-2019 | 13:06:48
Kenyan-owned taxi-hailing app Little has announced plans to roll out minibus services in Nairobi in the new year.

Rwandair to start flying to Ethiopia in April

01-02-2019 | 11:50:00
RwandAir, the national carrier of the Republic of Rwanda has announced that it will commence flights to Addis Ababa, the capital city of Ethiopia, in April 2019.

Angola set to have industrial pole for cutting of diamonds

01-02-2019 | 11:45:00
A pole for diamond-cutting factories, a professional technical school and other diamond-related industries in Angola are set to be inaugurated this year.

Ethiopian Airlines implements IATA’s fast travel self check-in initiative

01-02-2019 | 08:35:00
Ethiopian Airlines has announced that it has fully implemented Self Check-in Initiative, enabling its customers to check-in using their mobile device and avoid queues at the airport.

[Mozambique] Area 4 Co-Venture Parties secure offtake commitments for the Rovuma LNG Project

01-02-2019 | 08:30:00
Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners.