News

ICAEW says remittance income will drive economic growth for Africa

09-12-2018 | 10:17:30
The report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region’s economic performance. The regions include; East Africa, West, and Central Africa, Franc Zone, Northern Africa, Southern Africa.

Convergys continues to expand operations in Egypt

09-12-2018 | 08:26:45
Convergys Corporation, a global player in Customer Management Outsourcing, is one of the largest and expanding BPO companies in Egypt.

Africa PC market stabilizes as tablet demand plummets, IDC

09-12-2018 | 08:22:09
The Africa and Middle East personal computing devices market, which is made up of desktops, notebooks, workstations, and tablets, declined 7.7% year on year in Q2 2018, according to the latest insights from International Data Corporation (IDC).

COMESA, ITC launch cross border initiative programme

09-12-2018 | 08:07:56
COMESA and the International Trade Center (ITC) have officially launched a Co-delegation agreement for the implementation of the Cross-Border Trade Initiative Programme funded under the European Union Development Fund.

AfDB supports Senegal’s national development strategy

09-12-2018 | 07:48:43
The Board of Directors of the African Development Bank has approved a partial credit guarantee for the Republic of Senegal to help hedge currency risk arising from Eurobonds.

NIB and Afreximbank sign €100 million loan facility

09-12-2018 | 07:43:49
The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of € 100 million to finance various infrastructure projects in African countries.

Loon sends a single internet connection 1000km across seven balloons

09-12-2018 | 06:39:24
Loon, the Alphabet company that is planning to launch balloon-powered internet connectivity in Kenya next year, has successfully sent a test internet connection 1,000 kilometers across seven balloons.

Oracle hosts its Impact Technology Summit in Nairobi

09-12-2018 | 06:19:07
Oracle yesterday announced its Impact Technology Summit, hosted in Nairobi and geared towards driving awareness of emerging technologies and their impact on business.

Kenyan new online retailer Hashmart bets big on electronics

09-12-2018 | 05:51:52
Hashmart Kenya, which specializes in electronics says it is positioning itself to give established players in e-commerce segment a run for their money.

Mastercard and Vodacom launch first online card in Tanzania

09-12-2018 | 05:38:49
Mastercard has partnered with Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card.

Comsol and Samsung lead SA into a brave new era of 5G

09-11-2018 | 13:12:00
Comsol Networks, a leading provider of enterprise-grade wireless infrastructure, and Samsung South Africa have lit up Vilakazi Street in Soweto with a live 5G pilot network.

Botswana government hopeful of China beef market

09-11-2018 | 10:42:00
Botswana President Mokgweetsi Masisi said his government is confident that it will establish a lucrative beef market with the People’s Republic of China.

UN-Habitat and partners drive for equitable economic growth in Kenya

09-11-2018 | 10:16:00
UN-Habitat, working in concert with its partners, has embarked on a cities campaign on Equitable Economic Growth in two Kenyan secondary towns of Kajiado and Ol-Kalou.

SADC scoops first prize at the 2018 Botswana Consumer Fair

09-11-2018 | 09:09:00
The Secretariat of the Southern African Development Community (SADC) scooped the first prize award in the Regional/International and Diplomatic Missions Category at the 2018 Botswana Consumer Fair.

Nigeria, SA and Ivory Coast are Africa's highest reading populations

09-11-2018 | 08:22:00
Opera and Worldreader, the global nonprofit that believes everyone can be a reader, announced on the International Literacy Day that African mobile users have spent more than 4 millions hours of reading books on their mobile phones in 2018.

Tokio Marine Group to acquire 22.5% of Hollard Insurance South Africa

09-11-2018 | 08:12:00
Subject to regulatory approval, Tokio Marine will acquire a 22.5% stake in Hollard South Africa and Hollard International for approximately R5 billion, fulfilling Hollard’s long-held goal of partnering with a major international insurance group.

Yahsat unveils ka-band satellite broadband services in Africa

09-11-2018 | 07:51:03
Yahsat, a global satellite operator based in the United Arab Emirates and Hughes Network Systems (HUGHES) have partnered to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia.

ADvTECH acquires Monash South Africa

09-11-2018 | 07:51:00
ADvTECH hass announced the acquisition of Monash South Africa, a leading South African private tertiary education institution with students from more than 50 countries.

China Mobile International Limited opens South African office

09-11-2018 | 07:39:18
China Mobile International Limited (CMI) has opened a South African office in Johannesburg.

International urbanization experts discuss urban modern law in Kenya

09-11-2018 | 07:30:00
Experts from UN-Habitat, United Nations Economic Commission for Africa, African Union Commission, United Cities and Local Governments of Africa, members of academia, representatives from civil society and local governments met in Nairobi to chart out the process of elaborating a Model Law.