News

AfDB, Portugal and Mozambique sign MOU for private sector development

03-18-2019 | 15:26:00
The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact.

Nissan to cooperate with Egyptian government to develop local auto industry

03-18-2019 | 15:15:00
Nissan Motor Corporation has made known its desire to consolidate its presence in the Egyptian market and cooperate with the Egyptian government in carrying out its ambitious plans for the development of the local auto industry.

[Ghana] President assents to Civil Aviation Amendment Bill

03-18-2019 | 15:06:00
President Nana Addo has assented to the Ghana Civil Aviation (Amendment) Bill to become Act 985 (2019).

New digital visa application tool 'Access UK' launches in South Africa

03-18-2019 | 15:05:11
Through Access UK, customers are now able to book their visa application centre appointment, scan and upload their supporting documentation from the comfort of their own home.

Marriott International launches Four Points by Sheraton in Algeria

03-18-2019 | 14:59:34
Marriott International has announced the opening of Four Points by Sheraton Setif in Algeria in partnership with Prombati SPA owned by Mr. Rachid Khenfri.

41billion barrels of crude oil remain untapped in SSA region - NNPC chief

03-18-2019 | 08:28:06
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.

Construction of a modern $1.3 million trade hub set to begin in eswatini

03-18-2019 | 07:21:22
The Kingdom of Eswatini, the European Union and COMESA have signed ta financing agreement of 1.2 million Euros for the construction of a modern multi-purpose Trade Hub in Manzini.

Angola government invests $2 million in industrial park

03-18-2019 | 07:12:06
At least 636.9 million kwanzas, approximately $2 million, are being invested by the Angolan Government in the construction of the rural industrial park.

NatSave and Mastercard partner to drive digital transformation and financial inclusion in Zambia

03-18-2019 | 06:55:56
The National Savings Bank (NatSave) and Mastercard have signed an agreement which will see the bank rollout Mastercard Chip and PIN prepaid and debit cards.

[South Africa] Capitec Bank set to expand its payments business with ACI Worldwide’s retail payments solution

03-18-2019 | 06:49:51
ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced an extension of its long-standing relationship with Capitec Bank, South Africa’s second largest retail bank.

[Nigeria] Cars45 expands retail footprint with Enyo partnership

03-18-2019 | 06:38:00
Nigeria’s largest online vehicle trading platform, Cars45, has partnered with ENYO Retail and Supply, an innovative fuel retail brand, to increase its retail footprints.

Boomplay in deal to distribute Warner Music in ten African countries

03-15-2019 | 13:27:49
Boomplay, the largest music streaming and download service in Africa, has signed a direct licensing agreement with Warner Music to bring the record company's diverse global roster of music to the region.

[Nigeria] Access bank shareholders approve merger with Diamond bank

03-15-2019 | 13:22:00
Access Bank Plc has announced the approval of its proposed merger with Diamond Bank Plc by shareholders of the Bank.

[Kenya] Safaricom enters into partnership with Hearst Create for the production of Twaweza magazine

03-15-2019 | 09:39:40
Kenya’s telecommunication company Safaricom has entered into a partnership with Netherlands based Hearst Create for the production of a new magazine Twaweza.

AfDB pledges $ 25 billion to climate finance for 2020-2025, doubling its commitments

03-15-2019 | 09:35:58
The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi.

Dangote, Chevron Nigeria enter gas supply agreement

03-15-2019 | 07:00:49
Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron's supply portfolio to the fertilizer plant.

[Ghana] AirtelTigo unveils Flexi Business solution with focus on SMEs

03-15-2019 | 06:54:00
On a journey to catalyze innovation and fast-track growth for businesses, AirtelTigo Business has rolled out “Flexi Business”, a tailor-made mobile solution for small and medium enterprises.

[Kenya] Safaricom opens new call center in Eldoret creating 800 jobs

03-15-2019 | 06:43:20
Safaricom has opened a new Call Centre in Eldoret town as the telco continues its push to improve customer experience.

VAST Network selects Benu Networks platform to deliver affordable connectivity across Africa

03-15-2019 | 06:40:36
VAST Networks, Africa’s first open access network provider, has selected Virtual Service Edge (VSE) platform to deliver affordable connectivity, save on costly spectrum, and improve the customer experience.

Bidco Africa gets future-fit with speedy HANA Database migration

03-14-2019 | 12:22:00
Bidco Africa, the largest manufacturer of FMCG in East Africa, migrates to SAP HANA Database to gain real-time and in-memory computing capabilities to improve its delivery to customers.