News

Creation of the right framework and clear policy critical in Kenya’s renewable energy deployment and usage

11-08-2018 | 10:45:00
Creative financing, technological advancements, scalability in renewable energy sources have the potential to propel Kenya’s energy market, according to a 2018 report by global law firm Hogan Lovells.

Johnson & Johnson Launches Africa Innovation Challenge 2.0

11-08-2018 | 10:35:42
Johnson & Johnson has launched the Champions of Science Africa Innovation Challenge 2.0, a continent-wide competition calling on African innovators to submit ideas for innovative technologies, products and solutions that have the potential to create positive impact for African communities.

Kenya moves closer to nuclear electricity production as KNEB goes for consultants

11-08-2018 | 09:57:00
Kenya has moved closer to to the final phase of developing production of nuclear electricity after the state agency Kenya Nuclear Electricity Board (KNEB) invited expression of interest from consultants to undertake what it described as 'site characterization'.

Rwanda Development Board, TradeMark East Africa sign $2.4 million deal to build local business capacity

11-08-2018 | 09:36:19
The Rwanda Development Board (RDB) and TradeMark East Africa (TMEA) have signed an agreement that aims to help build the capacity of Rwandan businesses to tap into international and regional markets.

[Nigeria] Mobile money transactions hit N1.2trn in 9 months

11-08-2018 | 09:07:00
Statistics released by the Nigeria Interbank settlement System showed that despite the concerns over slow growth of the electronic payment system, mobile money is gaining traction in Nigeria.

[Nigeria] NNPC records crude oil and gas export sale of $470m in August

11-08-2018 | 08:57:00
The Nigerian National Petroleum Corporation has said that crude oil and gas export sale by the corporation in August 2018 was $470million, indicating an upsurge of about $78million in relation to July oil and gas export figures of $391.91million.

[South Africa] Standard Bank to secondary list on A2X

11-08-2018 | 08:51:22
Standard Bank Group Ordinary Shares and Standard Bank Group Second Preference Shares have been approved for a secondary listing on A2X Markets and will be available for trade from Thursday, 15 November 2018.

Samsung reveals breakthroughs in Intelligence, IoT and Mobile UX

11-08-2018 | 08:48:29
Samsung Electronics has unveiled powerful new developer tools for its Bixby and SmartThings platforms. The company also unveiled new, powerful mobile experiences with One UI and Infinity Flex Display at the ongoing Samsung Developer Conference 2018.

ALL G - Parallel Wireless ‘Connects’ in 12 African Countries

11-08-2018 | 08:24:00
With its world’s first ALL G software-enabled Open network solution, Parallel Wireless, Inc. is helping global mobile network operators (MNOs) ‘connect the unconnected’ by making ALL G network deployments as easy and as cost-effective as Wi-Fi.

[South Africa] Cell C appoints Zafar Mahomed CFO

11-08-2018 | 08:08:00
Cell C has announced the appointment of Zafar ‘Zaf’ Mahomed as the company’s new Chief Financial Officer.

Temenos establishes South African "Bank of the Future" Think Tank

11-08-2018 | 07:59:00
Temenos, the banking software company has announced the launch of its South African "Bank of the Future" Think-Tank.

[South Africa] Vodacom, Fiskl partner to introduce digital financial solutions to small businesses

11-08-2018 | 07:08:01
London based software technology company Fiskl has partnered with Vodacom Group to introduce a host of mobile and digital technology solutions to South Africa's small businesses.

KenolKobil to acquire 33 retail outlets from Delta Uganda and Rwanda

11-08-2018 | 06:46:16
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.

Rwanda, World Bank sign $20 million agreement to support public financial management reforms

11-08-2018 | 06:39:16
The Government of Rwanda and the World Bank Group have signed a $20 million credit agreement to improve budget reliability and control of funds for service delivery, enhance budget transparency.

African Development Bank, International Financial Institutions launch co-guarantee platform

11-08-2018 | 06:38:00
The African Development Bank alongside Islamic Corporation for the Insurance of Investment and Export Credit, African Trade Insurance Agency and GuarantCo, on Wednesday entered into a Memorandum of Understanding for a Co-Guarantee Platform.

AfBD, Africa50 to finance Kinshasa - Brazzaville Ink Landmark Bridge Project

11-08-2018 | 06:38:00
On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals – Kinshasa and Brazzaville.

Zara grows African footprint with new online platform

11-08-2018 | 06:35:09
Spanish fashion retailer Zara has launched online sales through a dedicated worldwide online platform bringing its fashions to customers in 106 new markets.

[South Africa] Vodacom and Telkom sign roaming and facilities leasing agreement

11-08-2018 | 06:33:00
Vodacom and Telkom have concluded a long-term, multi billion rand agreement whereby Telkom will obtain roaming and facilities leasing services from Vodacom with full effect from June 2019.

South Africa’s investment climate is improving, Trade and Industry Minister

11-08-2018 | 06:06:00
The Minister of Trade and Industry, Dr Rob Davies, says foreign investment if targeted and nurtured can drive economic growth and in turn contribute to much needed job creation and economic inclusion for all.

[Kenya] mKey keyboard app achieves 100,000 downloads 2 months after launch

11-08-2018 | 05:42:00
Finserve, an independent arm of Equity Group has announced that mKey, Africa’s first keyboard app that combines both financial social and lifestyle services has recorded close to 100,000 downloads since its official launch in early September.