News

[Kenya] Astral Aviation acquires aircraft from Air Atlanta Icelandic to bolster exports

11-10-2017 | 07:05:50
Network Airline Management, a division of the Network Aviation Group and Astral Aviation have signed a long-term wet lease with Air Atlanta Icelandic adding a factory-built, nose-loader B747-400F to their existing managed fleet.

Liquid Telecom to become pan African Microsoft Azure ExpressRoute partner

11-10-2017 | 07:01:09
Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, will become a Microsoft Azure ExpressRoute partner with pan-African network reach when the Microsoft Azure cloud platform is generally available in 2018.

[South Africa] Nedbank receives $172 million from Africa Development Bank to finance continental businesses

11-10-2017 | 06:58:00
The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 172 million financial package to Nedbank Group Limited of South Africa, to finance local and continental businesses.

[Egypt] Bango partners with Victory Link to grow African footprint

11-10-2017 | 06:53:00
Mobile payments company Bango has expanded operations in Africa through a partnership with Victory Link in Egypt.

Oracle introduces next gen cloud applications to support Kenya's digital economy

11-09-2017 | 15:30:00
Oracle today hosted its Modern Business Forum in Kenya to help the country's fast-growing and large enterprises accelerate digital transformation and drive business growth with its next generation cloud applications that are now embedded with artificial intelligence.

[Nigeria] Diamond Bank grows profit by 71% in 9 months

11-09-2017 | 14:30:00
Diamond Bank has handed in its Q3 2017 financial scorecard on the floor of the Nigerian Stock Exchange, displaying moderate growth in key financial parameters despite the lull trailing economic activity after the country exited recession.

Spreadtrum partners with Accent to provide North Africa users high performance smartphones

11-09-2017 | 14:07:32
Spreadtrum Communications, an ICT company in China with advanced technology has announced that its advanced networking platforms have been selected by Accent, the largest IT brand in Morocco, for their smartphones.

Cameroon becomes first country to earn 5 Star certificate of excellence for active use of medical tech

11-09-2017 | 13:58:00
SystemOne, a global health disease intelligence for rapid detection and response, has awarded Cameroon a 5 Star Quality Program for GxAlert Technical Excellence.

Zimbabwe processes mobile transactions worth $11bn in first nine months of 2017

11-09-2017 | 12:00:00
Zimbabwe continues to witness a growth in mobile financial services with the latest figures from the Reserve Bank of Zimbabwe (RBZ) showing that transactions worth US$11 billion were processed during the nine months to 30 September 2017.

310 million LTE subscriptions in Sub-Saharan Africa by 2023 - Ericsson report

11-09-2017 | 11:39:00
The latest regional appendix to the upcoming Ericsson Mobility Report forecasts that LTE subscriptions will expand by 47 percent from 30 million in 2017 to 310 million by 2023 in Sub-Saharan Africa.

Konnect Africa brings Wi-Fi to rural African communities

11-09-2017 | 11:35:17
Konnect Africa, the Eutelsat-owned satellite broadband service provider, has unveiled SmartWIFI, a new hotspot service, as part of its ongoing commitment to bring digital opportunities to Africans.

[South Africa] Afrimat becomes fourth listing on A2X

11-09-2017 | 11:00:00
Afrimat Limited, a leading black empowered open pit mining company providing industrial minerals, commodities and construction materials, listed on A2X this morning.

AfDB approves €98m loans and €17m partial risk guarantee for Air Côte d’Ivoire program to boost regional aviation industry

11-09-2017 | 10:15:00
The AfDB Group's Board of Directors has approved a total AfDB loan of €98.06 million to finance a program of the regional airline, Air Côte d’Ivoire (ACI) to modernize and expand its operations.

Aon completes sale of businesses in six sub Saharan African countries

11-09-2017 | 10:00:10
Aon Plc the global professional services firm providing a broad range of risk has confirmed it has completed the sale of its shareholding in its employee benefit, insurance and reinsurance brokerage operations in Kenya, Lesotho, Malawi, Namibia, Uganda and Zambia.

[South Africa] Bravura signs contract with Discovery to drive new corporate saving scheme

11-09-2017 | 09:54:43
Bravura Solutions Limited has signed a long-term contract with Discovery Limited for the implementation of its Sonata platform.

University of Abomey-Calavi becomes first Francophone West African University to join Mastercard Foundation scholars program

11-09-2017 | 09:25:00
The University of Abomey-Calavi's commitment to educating next-generation African leaders received a boost today with a seven-year, USD$6.2 million commitment from the Mastercard Foundation Scholars Program.

Oracle introduces next gen cloud applications to support Botswana's digital economy

11-09-2017 | 09:19:00
Oracle today hosted its Modern Business Forum in Botswana to help the country's fast-growing and large enterprises accelerate digital transformation and drive business growth with its next generation cloud applications.

Somali Accelerator graduates cohort of startups, gives $30,000 in investment at Demo Day

11-09-2017 | 09:09:00
Innovate Ventures, the Somali tech and business startup accelerator launched in partnership with VC4A, Telesom and the Work in Progress! Alliance, had their second cohort of 10 startups from Somaliland and Somalia graduate from their programme.

African Development Bank approves its second Climate Change Action Plan for 2016-2020

11-09-2017 | 09:00:00
The Boards of Directors of the African Development Bank Group (AfDB), on Wednesday, 8 November 2017, approved the Africa Thriving and Resilient: The Bank Group’s Second Climate Change Action Plan, 2016-2020 (CCAP2).

[South Africa] Vodacom, Innovator Trust launch programme to transform unemployed youth to entrepreneurs

11-09-2017 | 07:57:00
Vodacom and Innovator Trust are unveiling the Youth Entrepreneurship Programme (YEP), aimed at equipping local unemployed youth with the requisite set of skills to become cutting-edge entrepreneurs.