News

Royal DSM, Generation Unlimited partnership targets one million young farmers in Africa

02-18-2020 | 06:41:51
Royal DSM has partnered with Generation Unlimited and Sight & Life to provide opportunities for young entrepreneurs through the development of agri-food businesses.

Japan donates 4,750 metric tons of rice to refugees in Uganda

02-17-2020 | 11:49:00
Japan’s Ambassador to Uganda, H.E Kazuaki Kameda has handed over 4,758 metric tons of rice for distribution to refugees and socially vulnerable people including those in communities hosting refugees.

[Nigeria] Jaiz Bank declares N1.79b profit

02-17-2020 | 11:04:00
Jaiz Bank, Nigerian non-interest Sharia-compliant financial institution, has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange.

[South Africa] Internet Solutions, Liquid Telecom partner on wholesale 5G services for enterprise businesses

02-17-2020 | 10:28:00
Liquid Telecom South Africa, part of the pan-African telecoms group Liquid Telecom, has partnered with Internet Solutions to provide them with wholesale 5G connectivity.

Royal Air Maroc and British Airways sign codeshare agreement

02-17-2020 | 09:09:00
British Airways and Royal Air Maroc have announced a new codeshare agreement which will open up new routes across Morocco including Casablanca and Agadir.

Digital transformation reshapes ICT investment in the oil and gas industry

02-17-2020 | 09:05:00
Businesses from the Middle East and Africa's resource industries including oil & gas mining, other mining, and agriculture, spent $5.17 billion on information and communications technology (ICT) in 2019.

MPESA Foundation, partners invest in two maternal health centers

02-17-2020 | 07:32:00
Maternal health services in Kenya’s Samburu County has received a major boost after M-PESA Foundation constructed and equipped a new born unit at Maralal Referral Hospital.

[South Africa] Stellenbosch University, University of Cape Town invest in University Technology Fund

02-17-2020 | 07:25:00
Stellenbosch University (SU) and the University of Cape Town will be co-investing with the newly established R150-million University Technology Fund

African Union launches second Biennial Review Report on Africa’s agricultural status

02-17-2020 | 07:19:00
The African Union has launched the second Biennial Review Report on the implementation of the June 2014 Malabo Declaration on Accelerated Agricultural Growth.

South Africa bans poultry imports from Poland due to Avian Influenza outbreak

02-17-2020 | 07:16:00
South Africa has instituted a ban on poultry imports from Poland due to recent outbreaks of Highly Pathogenic Avian Influenza.

IFC helps Egypt's microfinance company build capacity, boost outreach

02-14-2020 | 13:27:00
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.

[Nigeria] Airbus and Green Africa Airways sign agreement for 50 A220s aircraft

02-14-2020 | 13:11:00
Nigeria’s Green Africa Airways, has signed an MoU for 50 A220-300 aircraft, one of the largest orders to be placed globally for the A220 programme and the largest ever from the African continent.

Uber and African Management Institute launch project to educate and empower women entrepreneurs

02-14-2020 | 13:07:48
Uber has launched a high-impact learning programme to help women drivers and those in their communities to develop the skills needed to thrive as independent entrepreneurs and make the most of earning opportunities.

Kenya government to establish coffee research institution to revive sector

02-14-2020 | 11:05:00
The national government has announced that it will establish a coffee research institution, as a measure to revive coffee farming and production in the country amidst dwindling fortunes.

QURAS partners with Blockchain Nigeria User Group to extend reach across the continent

02-14-2020 | 11:00:00
QURAS, a next-gen blockchain protocol that enables anonymous, private-protected transactions, has partnered with the blockchain non-profit association in Africa, Blockchain Nigeria User Group.

Egypt’s first commodities exchange market to start operations in 2021

02-14-2020 | 08:35:00
Egypt plans to start operating its first commodities exchange by January 2021 which will provide commodity markets with greater price stability.

African airlines see passenger demand increase by five percent, IATA report

02-14-2020 | 08:30:00
The International Air Transport Association announced full-year global passenger traffic results for 2019 showing that demand rose by 4.2% compared to the full year of 2018.

Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project

02-14-2020 | 06:41:00
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.

[South Africa] Phatisa acquires food supplier Rolfes

02-14-2020 | 06:39:16
Phatisa, through its Food Fund 2, together with Sabvest, Masimong Chemicals and Rolfes management, have acquired the entire issued share capital of Rolfes Group.

[Kenya] Wapi Pay raises capital to scale operations across Africa

02-14-2020 | 06:33:16
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in Africa.