News

AfDB launches Africa Energy Portal to disseminate data across the value chain

11-14-2018 | 06:13:39
The African Development Bank has unveiled the Africa Energy Portal, AEP, a platform that will consolidate, validate, and disseminate energy data and insights across Africa’s energy value chain.

Business support system provider Nexign Targets Africa for Growth in 2019

11-14-2018 | 04:19:00
In line with its global expansion strategy, leading business support system (BSS) provider for communications service providers (CSPs) Nexign (formerly Peter-Service) has announced that will be focusing on establishing its presence in Africa over the coming months.

Two Kenyan startups among Google’s Launchpad Accelerator Africa program graduates

11-14-2018 | 04:04:00
Two Kenyan startups, Cloud9xp and PayGo Energy were among the second class of 11 startups who graduated this week from Google’s Launchpad Accelerator Africa program in Lagos.

Kenya Airways Launches Daily Flights to Mogadishu

11-14-2018 | 03:54:00
Leading national carrier, Kenya Airways will expand its footprint to the Horn of Africa with the commencement of daily operations to Mogadishu, Somalia with effect from 15 November 2018.

Cellulant announces partnership with 2018 Pwani Innovation Week

11-14-2018 | 03:45:00
Pan-African payments company providing a one-stop digital payments platform Cellulant has announced its partnership and title sponsorship of the inaugural Pwani Innovation Week in conjunction with Swahilipot Hub.

[South Africa] Industrial parks can be turned into special economic zones, Trade Director

11-13-2018 | 13:46:23
The Director-General of the Department of Trade and Industry (the dti), said that with proper infrastructure, utilities, and management, the twenty-six approved Industrial Parks across South Africa can become Special Economic Zones.

Innovation, integration key for Rwanda to attain Vision 2050, study

11-13-2018 | 13:20:00
A joint study launched by the Government of Rwanda and the World Bank Group has identified four essential and interdependent drivers of future growth – innovation, integration, agglomeration, and competition.

South Africa employment industry dominated by labour brokers, report

11-13-2018 | 13:15:00
A new report dubbed The South African Labour Recruitment Industry has been unveiled with a focus on the complex labour recruitment industry which plays a significant role in the South African economy.

Egypt’s private sector wins big at the Africa Investment Forum

11-13-2018 | 12:43:48
Projects from Egypt’s private sector showed strongly at the just concluded Africa Investment Forum during which transactions close to US$50 billion were promoted by sponsors in three days of Boardroom sessions.

African Development Bank launches Africa Energy Portal

11-13-2018 | 12:25:00
The African Development Bank launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg last Friday.

[South Africa] Liquid Telecom extends Microsoft Azure from Cape to Cairo

11-13-2018 | 11:29:00
Liquid Telecom has extended the availability of Microsoft Azure from the Cape to Cairo, continuing its lead in the African cloud revolution.

Technology gives Kenyan farmers access to transparent marketplace

11-13-2018 | 10:56:00
Twiga Foods, a Kenyan mobile phone platform that sells bananas and other produce from small-scale farmers to local vendors and markets is offering local farmers access to a transparent marketplace.

RENEW's Impact Angel Network closes eleventh investment in East Africa

11-13-2018 | 10:46:00
RENEW and members of the Impact Angel Network (IAN) have closed an investment in ET Fresh, LLC.

Tanzania, Botswana telcos pick Hughes to deliver satellite broadband services to customers

11-13-2018 | 10:40:00
Hughes Network Systems, LLC has announced three African telecom companies have selected the Hughes JUPITER™ System to power delivery of satellite broadband services for their customers.

[Kenya] CBK transfers Khs. 800M from General Reserve Fund to Government Consolidate Fund

11-13-2018 | 10:03:00
The Central Bank of Kenya (CBK) announced that it has transferred to the Government Consolidated Fund Ksh.800 million from CBK’s General Reserve Fund (GRF) as at end FY2017/18.

Ethiopian Cargo and Logistics increases fleet to eight with new delivery

11-13-2018 | 08:34:00
Ethiopian Cargo & Logistics Services has taken delivery of its eighth B777 freighter aircraft in its cargo fleet family at its home base at Bole International Airport.

GDPR burdens hinder mergers and acquisitions in Africa, Middle East and Europe, survey

11-13-2018 | 08:30:00
An increasing number of mergers and acquisition transactions may be stalling because of concerns over GDPR compliance, according to a survey of EMEA M&A professionals.

[South Africa] Vantage backed companies win prestigious awards

11-13-2018 | 08:18:51
Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively.

AfDB and European Bank for Reconstruction and Development invest €150 million in Tunisia

11-13-2018 | 07:19:00
The president of the AfDB and the president of the European Bank for Reconstruction and Development met during the Africa Investment Forum and discussed new avenues for cooperation between the two institutions.

There are business opportunities in China, South African companies

11-13-2018 | 06:59:00
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.