News

UNICEF and Safaricom launch Internet of Good Things in Kenya

05-15-2019 | 02:35:08
UNICEF and Safaricom have launched the Internet of Good Things in Kenya – a set of information and resources which promotes living better and healthier.

Global economic stress weighs on business in EMEA emerging-market economies, Moody's report

05-14-2019 | 10:46:00
Emerging markets in 2019 are facing slower global growth, shifts in trade policies and geopolitical risks, according to a new Moody's report.

Eni discovers new light oil offshore Angola

05-14-2019 | 10:17:20
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect.

Basils Business Opportunities to explore for export market in Uganda

05-14-2019 | 09:07:35
A South African Free State company, Basils Business Opportunities, is headed for Uganda to look for the export market for its agro-processing equipment that it is manufacturing at its Bloemfontein-based factory.

[South Africa] Trade Minister approves the revised ADEP guidelines

05-14-2019 | 08:42:00
The South Africa Minister for Trade and Industry, Dr Rob Davies has approved the revised guidelines of the Aquaculture Development and Enhancement Programme (ADEP).

[South Africa] Standard Bank urges farmers to integrate technology solutions to produce better yields

05-14-2019 | 07:27:00
Standard Bank says that South African farming has entered the technological age where data, measurements, alternative power sources, sensors and even the cell phone are working together.

MTN Cameroon recorded over one million new subscribers in the first quarter of 2019

05-14-2019 | 07:03:00
MTN Group has published its financial results for the first quarter of 2019 in Johannesburg, South Africa showing sustained growth in all segments, with 236.6 million subscribers as of March 31, 2019.

Microsoft to set up a technology development centre In Kenya

05-14-2019 | 06:59:00
American technology giant Microsoft Corporation has unveiled a plan to set up a technology development centre in Kenya.

Valcora grows global footprint wit new South Africa office

05-14-2019 | 06:56:00
Valcora, the Swiss based fuel purchasing service, has opened a new office in Johannesburg, South Africa, the first in Africa.

[South Africa] uKheshe launches uKeshe Life card

05-14-2019 | 06:17:38
uKheshe, South Africa’s economic and convenient QR cash card has announced the launch of uKheshe Life, a hospital, disability and life benefits card.

Global partners approve $61.8m toward AfDB initiative for women entrepreneurs

05-14-2019 | 06:08:00
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa program.

[Kenya] KCB-MPESA Weka Weka savings campaign to drive savings on mobile platform

05-14-2019 | 06:03:00
The Kenya Commercial Bank (KCB) has kicked off a financial literacy initiative to drive up savings in the country.

RwandAir to fly three times a week to Guangzhou China starting June

05-13-2019 | 13:50:00
RwandAir, the flag carrier of the Republic of Rwanda, has announced that it will commence flights to Guangzhou, the provincial capital of Guangdong and the third largest city in China, effective 18th June, 2019.

Pocket Money targets rejected borrowers with new cyclic lending system in Africa

05-13-2019 | 13:46:00
Pocket Money, a digital lending marketplace targeting borrowers in Africa is pioneering a ‘cyclic’ lending system to provide a breath of fresh air even to potential borrowers who had previously been ‘rejected’ by lenders.

[Kenya] Capital Markets Authority licenses second non-dealing online forex trading broker

05-13-2019 | 11:13:36
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to SCFM Limited to operate as a Non – Dealing Online Foreign Exchange Broker.

Moody’s assigns A3 IFS rating to The African Trade Insurance Agency with a stable outlook

05-13-2019 | 11:10:00
Moody's Investors Service has assigned an A3 insurance financial strength (IFS) rating to The African Trade Insurance Agency (ATI), with a stable outlook.

OVO Foundation funds £1.75m electrification project in Kenya

05-13-2019 | 08:42:00
OVO Foundation is expanding its energy access project in Kenya, electrifying over 300 schools and health clinics in the hardest-to-reach parts of Kenya.

Hiperdist partners with Pelco Networks for technology distribution across West and East Africa

05-13-2019 | 08:39:00
Regional value added distributor Hiperdist, headquartered in Dubai, has announced a strategic partnership with Pelco for the West and East Africa regions.

ECA signs $28 million contract with supplier to commence Africa Hall renovations

05-13-2019 | 06:59:52
The Economic Commission for Africa (ECA) has signed a contract with three companies for the multi-million dollar works to revamp the historic Africa Hall.

[Tanzania] UNIDO partners with TIB Development Bank to bring clean cooking solutions to half a million households in Dar es Salaam

05-13-2019 | 06:58:00
The United Nations Industrial Development Organization facilitated an agreement between the TIB Development Bank to roll-out 110,000 bioethanol cook stoves in Dar es Salaam.