Gilat Telecom has announced that its VSAT services are now available in every country in Africa offering significant advantages over other domestic and international connectivity providers.
For the past five decades, the African Development Bank Group has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution.
Remittance flows to Sub Saharan African countries will drop by 23.1% from $48 billion in 2019 to $37 billion in 2020 in the wake of the Covid-19 economic crisis, according to the World Bank.
Afreximbank is teaming up with International Trade Centre (ITC) to train small-business owners and young entrepreneurs in Africa to trade with other African countries as part of the new African Continental Free Trade Area (AfCFTA).
African equity capital markets activity see downward turn, but increase in domestic investors, report
Data presented from the PwC Nigeria 2019 African Capital Market Watch shows that African equity capital markets activity has seen a downward trajectory over the past three years.
DHL Express has announced its minority stake acquisition in Link Commerce, the UK-based e-commerce firm that helped the logistics company develop its hugely successful DHL Africa eShop platform.
Recently, Svitzer took an important step towards strengthening its presence in Africa by signing a five-year contract with Nacala Logistics in Mozambique for harbour towage, occasional pilot transfer and potential salvage work in the port of Nacala.
ASEA and CISI announces the renewal of their agreement to provide an effective framework to develop a common certification programme across the African capital markets.
With the recent ‘AfricaConnect’ €400 million initiative under DEG’s management, the German Development Ministry is looking to increase private sector investments and cooperation with the African continent.
The Global Partnership for Education (GPE) will provide an additional $250 million to help developing countries respond to the immediate and long-term disruptions to education caused by the COVID-19 pandemic.
Evonik has agreed with Swedish manufacturer, Perstorp, that it will be the exclusive distributor of ProPhorce™ SR 130 in Southern Africa.
New swarms of locusts threaten to increase hunger in East Africa reeling from floods and coronavirus
Oxfam warns that millions of people in East and Central Africa, already suffering due to flooding and the impact of coronavirus, are at risk of increased hunger and poverty as the region braces for the latest generation of locusts.
The COVID-19 pandemic has given rise to a new kind of African consumer who is already displaying fundamental shifts in consumption and purchase behaviour.
In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles to aid policy debate.
A Fugro vessel heading from the Netherlands to South Africa has made a 10-day detour to support Ifremer, the French Research Institute for Exploitation of the Sea, in monitoring a giant active underwater volcano off the east coast of Africa.
In the unfolding COVID-19 crisis, systems resilience is being tested like never before. IT and business leaders must ensure that their organisations can continue to operate through this unprecedented disruption.
An international team of researchers and organizations has been awarded over €6.7 million from EU Horizon 2020 to help tackle food and water insecurity in the Horn of Africa Drylands.
Africa Regional Integration Index underlines integration as key to building more resilient economies
The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress of regional integration in Africa.
Asia-Africa-Europe-1 Consortium deploys Infinera to double capacity on intercontinental cable system
Infinera announced that Asia-Africa-Europe-1 Consortium (AAE-1) has completed a significant upgrade with Infinera to boost capacity on its subsea network connecting East Asia to Europe via Egypt.
The current global Coronavirus crisis has exposed many flaws and gaps in the way businesses operate, but what has become glaringly apparent is how organisations are not prepared to handle cybersecurity requirements of a remote workforce.
Africa Regional Integration Index calls on continent to build more resilient economies through integration
The second Africa Regional Integration Index (ARII 2019) was launched by the Economic Commission for Africa (ECA), the AfDB and the African Union Commission, with a call to action to African economies to deepen their integration.
The negative impact of the global Coronavirus lockdown on business and commercial operations around the world is grave.
The world of work has been changing for some time, particularly over the last decade as emerging technologies equipped enterprises with the tools to operate with greater efficiency.
The African Union Development Agency (AUDA-NEPAD) and the Council for Scientific and Industrial Research (CSIR) are strengthening their partnership through formalised technical cooperation to accelerate technology development in Africa.
Global Finance has named Ecobank as the most innovative bank in Africa.
Eutelsat Communications’ HOTBIRD video hotspot has been selected by Travel Africa Network for the broadcast of its first High Definition African travel channel.
Centurion Plus has launched its full-suite Africa Tax and Investment Service, to be powered by its fully integrated resource base of country-qualified and internationally mobile professionals.
MTN remains the ‘Most Admired African Brand’ based on spontaneous consumer responses in Brand Africa 100: Africa’s Best Brands 2020 survey.
The World Bank approved a US$500 million program to help countries in Africa and the Middle East fight the locust swarms that are threatening the food security and livelihoods of millions of people.
Cassava Fintech International (CFI), a subsidiary of Econet Global, has announced the release of ‘Sasai TeamTalk’, a voice and video conferencing service that takes up to 20 people on one call.
Bango has successfully launched carrier billing routes in the Google Play store for new operators in Asia, Latin America and Africa.
The Africa Private Creditor Working Group is an initiative to represent the views of international private creditors invested in Africa and to work with countries on their financing needs during the COVID-19 crisis.
AdaptiveMobile Security makes internet safer, supports MTN’s partnership with Internet Watch Foundation
In its continued efforts to protect mobile networks and their subscribers from all global mobile security threats, AdaptiveMobile Security is supporting MTN with their latest Child Online Protection programme.
The Director-General of FAO QU, has warned that efforts to control Desert Locusts will take time, noting increased concern for the Sahel and Southwest Asia is adding to the burden of efforts ongoing in the Horn of Africa and Yemen.
Pan African Financial group, UBA, has invested in cutting edge technology in a bid to boost its overall service offering to customers a development that has shown its unalloyed commitment to establishing its dominance across Africa.
Ecobank Group, the pan-African Bank, in collaboration with Google is helping to equip African SMEs with the necessary digital skills to navigate the rapidly evolving business world.
Global food and beverage company, PepsiCo headquartered in New York has appointed Pioneer Foods boss Tertius Carstens as its sub-Saharan Africa chief executive to assume the position immediately.
HPS, a leading multinational provider of payment solutions announces it has completed the modernisation of Absa’s African Operations outside of South Africa (ARO) acquiring payments infrastructure journey.
In Kenya’s coastal Mombasa County, Mercy Mghanga, reminisces her past, not so long ago, she sold tonnes of fish to five star hotels in the tourist town and exported the rest to China.
Workonline Communications, a provider of wholesale IP transit and connectivity services is extending its reach to France-IX, one of Europe’s leading Internet Exchanges (IXs).
Innovate Now Accelerator Programme seeks African mobile solutions to assist persons with disabilities
Innovate Now, is seeking applications from innovators across the African continent who are dedicated to developing mobile based technologies designed to assist people living with disabilities.
The OPEC Fund for International Development has increased its trade finance program from $50 to $100 million to enable international financial services firm Natixis to enhance support for trade and development in Africa.
Every year, some nine million people worldwide – equivalent to the population of Austria – die of hunger or hunger-related diseases.
It is becoming clear that most – if not all – our major social, economic and political decisions over the next few years will be made through the prism of the coronavirus and the ripple effects of the pandemic.
Africa Oil & Power (AOP) has pledged its commitment to the ‘Equal by 30’ campaign to advance the participation of women in the clean energy transition.
Invasion of desert locusts, civil conflicts in parts of the West African region, and the global outbreak of COVID-19 pause a huge threat to Africa’s 2020 food security.
Khaltsha Cycles and Avalanche Bicycle Company have come together to launch the Heroes on Bikes campaign to raise funds towards supporting essential workers.
Digital Afrique Telecom launches smart delivery app to simplify businesses order and delivery process
Digital Afrique Telecom (DAT) has announced the successful launch of a Smart delivery app to enable businesses to simplify their order and delivery process.
China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC announced that they will partner to build 2Africa, which will be the most comprehensive subsea cable.
Finnfund has extended a syndicated loan to ETG Group that has developed into a global player with a diverse portfolio of expertise across multiple industries, encompassing agricultural inputs.
Tech partners collaborate to build subsea project connecting 23 countries in Africa, Middle East and Europe
Local and global tech partners have announced have announced that they will partner to build 2Africa, which will be the most comprehensive subsea cable to serve the African continent and Middle East region.
The rapid global spread of COVID-19 has forced business, education, and social activities to be conducted virtually.
Africa has so far escaped the worst health consequences of the COVID-19 pandemic.
As the economic effects of the coronavirus pandemic continue to unfold, it becomes clear that some will be hit harder than others.
DStv and GOtv have announced the launch of The Africa We See campaign; a heart-warming celebration of the excellence and power of Africa, its people and the rich stories that come from the continent.
Norway has pledged to do more to assist these countries strengthen their health systems and assist vulnerable people,’ said Minister of International Development Dag-Inge Ulstein.
As part of ongoing efforts to combat child labor in the cocoa sector, Cargill is leveraging existing partnerships to extend the reach of its child labor monitoring and remediation mechanisms.
The director of regional integration and trade at ECA, Stephen Karingi, says 2020 that the African Continental Free Trade Area (AfCFTA) could help African economies recover from the impact of COVID-19.
As governments across the globe impose movement restrictions to prevent the spread of COVID-19, data from WorldRemit shows this is changing the way people send and receive money abroad.
Cigna Corporation, a global health services company, has appointed Jerome Droesch as Chief Executive Officer for the Middle East and Africa (MEA) region.
The Economic Commission for Africa (ECA) has released a new report proposing to African nations various coronavirus disease (COVID-19) exit strategies.
Challenged by a lack of capacity and rising prices, air cargo stakeholders are adapting to the new normal in a bid to keep supply chains operational and economies running.
Experts are all eyeing 5G to open up monetisation opportunities for communication service providers (CSPs) beyond their traditional markets.
Netflix has announced the introduction of a Made in Africa collection - a curated list of African series, films and documentaries - to celebrate Africa Month.
Vubiquity has announced that it will become a premium content supplier and exclusive content curator for Airtel Africa.
Olam International and its wholly owned subsidiary, Olam Treasury Pte. Ltd., have secured multi-tranche financing facilities aggregating $176 million.
Vendekin Technologies and Marshal have entered into a partnership to expand the 'V-Commerce' ecosystem in Middle East and Africa.
CNN Worldwide has appointed Rani Raad as President, CNN Commercial, a newly created position, as the company seeks to broaden new business streams.
Vantage Capital, Africa’s largest mezzanine debt fund manager, announced that it has fully exited its investment in Vumatel, the largest fibre-to-the-home network provider in South Africa.
The outbreak of Covid-19 across the globe is presenting a unique set of challenges to industries and causing severe disruption to global value chains.
Ecobank Group is leveraging its distribution and partner networks to raise awareness of literacy apps in the Google Play Store to support the education of children who are at home due to the COVID-19 pandemic.
The African Energy Chamber has become a signatory to the Equal by 30 Campaign which calls for equal pay, equal leadership and equal opportunities for women in the clean energy sector by 2030.
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking their toll around the globe this spring.
Asoko Insight has announced that the deal origination platform will continue to match UK investors and businesses to fund-seeking African corporates for a further six months.
Silafrica has announced it is introducing the Smart Crate Technology for Twiga Foods, a Kenyan company.
International air transport and tourism bodies launch appeal to support African travel, tourism sector
Five international air transport and tourism bodies have launched an appeal to international financial institutions, country development partners and international donors to support Africa’s Travel & Tourism sector.
Grain market in Africa is continuing to exude a bullish performance according to a report by IndexBox, citing that the revenue in 2018 amounted to $109 billion.
Business disruptions are becoming more common phenomena and can impact businesses of all sizes, this in turn can impact productivity, customer satisfaction, brand reputation and cause revenue loss.
Security, risk, data loss, and legislation. These are the primary concerns listed by organizations and government institutions when asked why they are reluctant to move to the cloud.
The Standards Alliance, in coordination with the African Union and the AGRA is supporting U.S.-Africa trade relations through the appointment of a technical advisor for technical barriers to trade (TBT) to the African Union.
The Republic of Ireland has become the African Development Bank Group’s 81st shareholder, following a declaration issued by the institution’s President, Akinwumi Adesina.
African Infrastructure Investment Managers (AIIM) announces the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a 75MW solar PV facility.
More than 127 million pre-primary, primary, and secondary school students in Eastern and Southern Africa, who are supposed to return to school this week, remain at home, due to the COVID-19 outbreak.
TikTok will contribute US$ 10 million to Gavi, the Vaccine Alliance to support Gavi’s response to the COVID-19 pandemic in lower-income countries in Africa.
The African Union Member States will soon receive further medical supplies for their COVID-19 response after the arrival of the third batch from the Jack Ma Foundation.
COVID-19 has turned into a global crisis, evolving at unprecedented speed and scale. Experts don't know how long it will take to contain the virus.
African data science competition platform Zindi has released the first of its machine learning solutions to help fight the COVID-19 pandemic.
DPO Group, has launched an e-commerce store. Powered by Mastercard’s payments gateway technology, the platform will enable merchants across Africa to move their businesses online.
Countries across sub-Saharan Africa are actively seeking to reduce their dependence on food imports and grow local manufacturing.
The international health crisis caused by COVID-19 is unprecedented. Like the whole world, African countries have mobilized to face it and win this health war.
the United Nations is spearheading a digital hub to house information and knowledge resources to assist crucial development system partners in fighting the pandemic in Africa.
Dutch development bank FMO has invested $25 million in African Development Partners III targeting companies in the food & agriculture, manufacturing and other sectors.
Across Africa, affordable housing is in acute short supply. It is one of the reasons why lockdowns and social distancing during the COVID-19 pandemic are unimaginable and unsustainable.
Emirates has announced plans to operate passenger services to limited destinations in Africa next week.
Facebook is expanding its Coronavirus Information Center to 24 more countries in Africa as part of its ongoing commitment to empowering people around the world with timely and accurate news.
Africa Finance Corporation, AFC, the infrastructure solutions provider in Africa, has announced the appointment of Dr. Kinglsey Obiora as its new Chairman.
Tanzanian EdTech start-up Ubongo is using the $25,000 prize money they received in the Next Billion EdTech prize to launch the Building Brains Conference to improve early learning in Africa.
The African Export-Import Bank (Afreximbank) has announced a $3-million grant to complement continental efforts to combat the COVID-19 pandemic.
Road and air transport have borne the brunt of the Coronavirus impact as countries put stringent measures to stop the spread of the pandemic.
Western Union, a leader in cross-border, cross-currency money movement and payments, announced continued expansion of its Global Network for real-time money-movement and payments.