News

Moody's assigns first-time local currency deposit ratings of B1 to Stanbic Bank Uganda with a stable outlook

05-22-2019 | 06:07:00
Moody's Investors Service has assigned B1/Not Prime local currency long-term and short-term deposit ratings and B3/Not Prime foreign currency long-term and short-term deposit ratings to Stanbic Bank Uganda Limited.

[South Africa] Cisco to launch a Repair Partner program in Africa

05-22-2019 | 05:24:30
Cisco has announced plans to launch a Repair Partner program in Africa. The company made the announcement at the Cisco Connect conference held in South Africa.

[Nigeria] Maliyo partners with Telecoming to distribute its offer in the African mobile market

05-22-2019 | 05:00:04
Telecoming, the European technology company specializing in digital services monetization, has closed an agreement with African company Maliyo Games, to distribute its offer in the region

[Kenya] Delivery firm Glovo partners with Simbisa Brands for food deliveries in Nairobi

05-22-2019 | 04:34:44
Glovo which uses an app to enable its deliveries has partnered with Simbisa Brands to enable food deliveries in Nairobi, a move it says is to help bolster its market share in Kenya.

[Kenya] Safaricom monthly bundles to offer 5 GB Youtube streaming

05-21-2019 | 11:30:44
Safaricom has today announced that all its customers purchasing the All in One Monthly Bundles will enjoy an additional 5 Gigabytes (5 GB) of YouTube for free, valid for 30 days.

Alibaba Cloud expands offerings for EMEA partners

05-21-2019 | 11:01:00
Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, has announced that an additional nine partners have joined its EMEA Ecosystem Partner Program.

Four providers of 3D printing solutions in EMEA named IDC Innovators

05-21-2019 | 10:51:37
International Data Corporation (IDC) published an IDC Innovators report profiling four companies in EMEA with compelling and differentiated 3D printing workflow management solutions.

Kaspersky Lab to open new office in Kigali Rwanda

05-21-2019 | 10:45:46
Kaspersky Lab has announced plans to open a new office in Kigali, Rwanda, to support the rapid growth of its business in East Africa.

[Kenya] Cytonn receives RBA approval to offer Cytonn Personal Retirement Benefits Scheme and Cytonn Income Drawdown Fund

05-21-2019 | 09:09:29
Cytonn Asset Managers Limited, CAML, the regulated affiliate of Cytonn Investments, announced that it has received two licenses from the Retirement Benefits Authority (RBA).

Huawei Academy certifies Angola’s Telecommunications Institute

05-21-2019 | 08:45:55
Angola’s Telecommunications Institute (ITEL) has been certified by the Huawei Academy, under an agreement signed in 2018 and which has already allowed 235 students.

Tata Communications partners with Africa Development Solutions to bridge digital divide in Africa

05-21-2019 | 08:44:46
Tata Communications Transformation Services Limited, is partnering with Africa Development Solutions to facilitate building the fibre infrastructure backbone across Africa.

UNIDO propels Ethiopian leather industry to new milestones

05-21-2019 | 08:13:00
For more than three decades, UNIDO closely collaborated with private and public partners to develop the Ethiopian leather industry in order to capitalize on the country’s vast raw material and employment potential.

[Kenya] CMA recovers additional Kshs 19 million in connection with suspicious trade in KenolKobil shares

05-21-2019 | 07:28:00
The Capital Markets Authority (CMA) has completed the outstanding aspects of the insider trading investigations into the KenolKobil counter and has secured the surrender of an additional Ksh19 million.

[Kenya] Commercial banks launch pilot phase of mobile loan product targeting MSMEs

05-21-2019 | 07:12:00
The CBK Governor Dr. Patrick Njoroge led five commercial banks in launching the pilot phase of a mobile loan product targeting micro, small and medium scale enterprises (MSMEs).

[South Africa] Blue Label Telecoms Limited set to acquire Hyve Mobile

05-21-2019 | 07:01:08
The The South Africa Competition Commission has approved, without conditions, the proposed merger whereby BLT intends to acquire Hyve Mobile.

Air Seychelles increases flight frequency to Mumbai

05-21-2019 | 06:54:49
Air Seychelles has launched its sixth weekly frequency between Seychelles and India’s commercial capital, Mumbai by an A320.

Soweto becomes first South African township to get fibre to the home

05-21-2019 | 06:51:56
Telkom has rolled out fibre in Diepkloof and Orlando, passing Orlando West Secondary School, making Soweto the first South African township to receive fibre to the home.

Telecom Egypt doubles profit to LE1.6B in Q1 2019

05-20-2019 | 13:34:24
Telecom Egypt has announced its consolidated profits during the first quarter of 2019 on a year-on-year basis, doubling its net profit to LE 1.6 billion, with a margin of 27 percent.

Orange selects ENGIE for operation and maintenance of one of the largest data centers in West Africa

05-20-2019 | 13:23:56
ENGIE has been selected for the operation and maintenance of the Orange Services Group's data center in Abidjan, for a five-year contract that will start early June 2019.

Telecoming closes agreement with Maliyo to distribute its offer in the African mobile market

05-20-2019 | 08:50:00
Telecoming, the European technology company specialized in digital services monetization has closed an agreement with African company Maliyo Games, the pioneer mobile gaming company in Nigeria, to distribute its offer in the region.