News

Zambia launches its first national financial inclusion strategy

11-09-2017 | 07:57:00
The Government of Zambia has launched its National Financial Inclusion Strategy, and its Financial Sector Development Policy, and Financial Capability Survey Report with support from the World Bank Group.

Suez Canal Economic Zone Authority and DP World sign agreement for development of economic zone in Sokhna, Egypt

11-09-2017 | 07:52:00
Admiral Mohab Mamish Chairman of the Suez Canal Authority and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, have signed a partnership to develop an integrated industrial and residential zone at Sokhna in Egypt.

[Tunisia] European Investment Bank, Banque de l'Habitat sign $140 million credit facility to boost business financing

11-09-2017 | 07:44:00
The European Investment Bank and Banque de l'Habitat have signed a new line of credit to strengthen access to bank financing for Tunisian companies, supporting more than 250 SMEs and over 1,600 jobs in Tunisia.

[Nigeria] Stanbic named best private bank in Kenya, Nigeria and Ghana

11-08-2017 | 15:00:00
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.

[Liberia] President Johnson-Sirleaf launches boss center for SMEs

11-08-2017 | 14:30:00
President Ellen Johnson Sirleaf has officially launched the Small Business Administration (SBA) Business Opportunities through Support Services (BOSS) center at the Ministry of Commerce.

ECOWAS Central Bank Governors mull common currency to foster economic integration

11-08-2017 | 14:01:00
The Committee of the Governors of Central Banks of ECOWAS Member States led by its chairman, Mr. Godwin Emiefele of the Central Bank of Nigeria (CBN), have called for greater synergy between the West African Monetary Agency (WAMA) and ECOWAS in the bid to attain a single currency in the region.

[South Africa] BCX launches a free digital learning platform

11-08-2017 | 14:00:00
On Monday 6 November 2017 BCX, a member of the Telkom group, announced that the company has launched a digital learning platform which according to the company is designed to propel South African education into the digital future.

[Kenya] JICA, government in partnership to decongest Nairobi and enhance urban transport

11-08-2017 | 13:37:00
Kenya Urban Roads Authority General Manager Daniel Muchiri has told CNN’s Building Bridges programme of the huge financial losses Kenya’s capital is experiencing as traffic jams grind the city to a halt.

Angola Cables expands South Africa presence

11-08-2017 | 13:22:00
To further expand its network reach and peering capabilities, Angola Cables announced today that it expects to establish a Point of Presence (PoP) in Cape Town before the end of the year.

African telecom carriers can achieve new growth by providing better customer experience - Huawei

11-08-2017 | 13:15:00
Leading global ICT solutions provider, Huawei called on telecom carriers in Africa to focus on providing customers with a great user experience to achieve new value-driven growth.

Tizeti and Facebook partner to expand express wifi by Facebook in Nigeria

11-08-2017 | 12:30:00
Tizeti today announced a partnership to expand Express Wi-Fi by Facebook in Nigeria, with plans to roll out hundreds of hotspots over the coming months.

[Nigeria] Dangote donates N.5b to Kano traders

11-08-2017 | 11:34:00
Succor came the way of the over a thousand hitherto dejected traders affected by the Kano Market fire disasters few months ago as the renowned business mogul, Aliko Dangote made good his promise and donated N500m to rehabilitate them.

Jumia Uganda partners with Barclays to introduce card-on-delivery payments for customers

11-08-2017 | 11:24:07
Online shopping firm, Jumia Uganda has partnered with Barclays to introduce the card-on-delivery payment option for customers in Kampala.

AgDevCo announces partnership in Senegal and Mozambique to boost incomes of 9,500 farmers

11-08-2017 | 11:03:20
AgDevCo's Smallholder Development Unit (SDU) has announced new partnerships with a Senegalese rice miller and a Mozambican livestock company.

[Nigeria] NNPC/Agip JV to increase power generation by 480MW

11-08-2017 | 11:03:00
The Nigerian National Petroleum Corporation and the Nigerian Agip Oil Company Joint Venture is set to boost the Federal Government power generation aspiration by 480 megawatts through the completion of its Okpai Phase II Independent Power Project by 2019.

Continued investment in infrastructure could address missing inputs for African transformation, ECA

11-08-2017 | 10:58:00
A series of Economic Reports of Africa published by the UN Economic Commission for Africa between 2013 to 2016 argue that infrastructure development has a direct effect on the pace of industrialization and transformation of African countries.

DP World to develop economic free zone in Somaliland

11-08-2017 | 08:45:00
Global trade enabler DP World will develop a greenfield economic free zone in Somaliland to complement the development of the Port of Berbera, which has seen record container volumes under DP World management.

[Botswana] Orange partners with Kwesé TV to offer customers programming on mobile devices

11-08-2017 | 08:39:38
Orange Botswana will soon deliver world-class video content to its customers across the country thanks to its partnership with recently launched pan-Africa, multi-platform Pay-Tv broadcast network Kwesé TV.

Rwanda's economy dips on industry and services sectors slowdown

11-08-2017 | 08:36:03
During the first half of the year, Rwanda recorded a low growth rate of 2.9% on average mainly due to low growth of the industry and services sectors as activity in construction recorded a deceleration of -5.5%.

U.S. and Côte d’Ivoire sign $525 million compact to spur economic development

11-08-2017 | 08:24:00
The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of the Republic of Côte d’Ivoire have signed a five-year, $524.7 million compact to spur economic growth and reduce poverty in Côte d’Ivoire.