News

IFC, Ghana Stock Exchange and others partner for gender equality

03-19-2019 | 12:10:00
IFC is partnering with GSE and over 70 other stock exchanges around the world to “Ring the Bell for Gender Equality”, an initiative that will seek to promote increased women’s participation in the global economy.

Seacom to provide direct connectivity for Kenyan businesses to South Africa

03-19-2019 | 11:48:00
SEACOM has announced that it will now offer direct connections from its East Africa network to public cloud networks and data centers located in South Africa.

Angola receives $2million from USA to combat money laundering

03-19-2019 | 11:41:00
The United States of America (US) will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Assistant Secretary of State has announced.

[South Africa] Cabinet approves white paper on Science, Technology and Innovation as government policy

03-19-2019 | 09:25:00
The South African cabinet has approved the adoption of the 2019 White Paper on Science, Technology and Innovation as government policy.

Mobile technology adds $2.5 billion to Tanzania economy, GSMA report

03-19-2019 | 09:09:36
Tanzania’s mobile industry is contributing significantly to the realization of the country’s economic and development goals, according to a new GSMA report dubbed Digital Transformation in Tanzania.

[Kenya] TechnoServe, Moody’s Foundation partnership to equip 1,000 entrepreneurs with business skills

03-19-2019 | 09:04:11
Development organization TechnoServe has announced a new partnership with Moody’s to empower entrepreneurs in the informal settlements of Nairobi.

[South Africa] Prudential Authority imposes administrative sanctions on Bidvest Bank

03-19-2019 | 08:59:00
The Prudential Authority has imposed administrative sanctions on Bidvest Bank for non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001, as amended (FIC Act).

Turkish Cargo appoints Peacock Aviation as sales agent in Nigeria

03-19-2019 | 08:56:00
Nigeria’s airfreight sub-sector is set for a major boost as Peacock Aviation and Allied Services teams up with Turkish Airlines Cargo to deliver efficient and on-time cargo services.

Africa Energy announces 3D seismic program offshore South Africa

03-19-2019 | 08:32:00
Africa Energy has announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on Block 11B/12B offshore South Africa.

[Kenya] M- Akiba lists on NSE with 79% subscription rate

03-19-2019 | 08:02:59
The Capital Markets Authority (CMA) has approved the listing of the MAkiba Retail Infrastructure Bond – Issue No. MAB2/2017/3 Re-open 1, on the Nairobi Securities Exchange (NSE) reporting a 79% subscription rate.

Egypt, Denmark collaborate to develop clean power in country

03-19-2019 | 07:46:00
Egypt is working with the Danish Energy Agency to develop more renewable energy in the North African country.

Standard Bank South Africa implements a new banking delivery model

03-19-2019 | 07:29:21
Standard Bank is realigning its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services.

South Africa companies to seek trade and investment opportunities in Ghana

03-19-2019 | 07:11:00
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.

GreenTec Capital Africa Foundation launches to promote investment into African entrepreneurship

03-19-2019 | 06:44:00
GreenTec Capital Africa Foundation has launched its activities in Europe and in Africa to promote investment in African entrepreneurship with the goal of driving the creation of economic and social added-value.

Uganda Revenue Authority and TradeMark East Africa sign deal to support women traders

03-19-2019 | 06:28:19
Vibrant sustainable economies require the full inclusion and participation of all citizens and especially women, a joint statement by Uganda Revenue Authority (URA) and TradeMark East Africa (TMEA) says.

[South Africa] Internet Solutions launches integrated voice service for Microsoft teams

03-19-2019 | 06:25:29
South Africa technology company Internet Solutions has unveiled integrated enterprise voice service for Microsoft Office 365 Teams.

Kenya Airways, Alitalia sign codeshare agreement

03-19-2019 | 06:19:02
Kenya Airways and Alitalia, the flag carrier of Italy, have signed a codeshare agreement to offer enhanced connections to Europe through Rome.

Maroc Telecom and Millicom sign agreement for acquisition of Tigo Chad

03-19-2019 | 06:14:35
Maroc Telecom has announced that it has signed an agreement with Millicom to acquire the entire share capital of its subsidiary Tigo Chad.

Afreximbank makes a case for factoring to ease access to financing for African SMEs

03-19-2019 | 06:07:51
The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the challenge of access to financing.

[Nigeria] Access Bank, Diamond Bank get green light from CBN to merge

03-18-2019 | 15:42:00
Access Bank and Diamond Bank say the Central Bank of Nigeria and the Securities and Exchange Commission have given them the final approval to merge.