Last year was different for many obvious reasons. But one habit which hasn’t changed is our need and use of everything digital. The pandemic has accelerated our use of digital channels, both as individuals and as businesses.
Communities living across the eastern most peninsula of Africa will be able to enjoy 4G services on their mobile phones following a three-year partnership agreement signed by fixed satellite solution and professional service provider, iSAT Africa and SES.
LG Electronics is expanding its market footprint in East Africa by opening new shops in four countries in response to the growing demand for home appliances.
The African Electronic Trade Group (A-eTrade Group) which also includes the African e-Commerce Development International, has accepted the offer of the Government of Rwanda to host the continental headquarters.
TradeMark East Africa (TMEA) and the Eastern and Southern African Trade & Development Bank (TDB) have signed a Memorandum of Understanding (MoU) that establishes a framework for collaboration ultimately seeking to boost trade in the region served by both institutions.
[Column] Hardeep Sound: The pandemic’s impact in East Africa demands accelerated digital transformation
Facing the prospect of a rapidly growing youth population, countries in the region are in a race to equip their youth with the digital skills they need to drive economic growth and innovation.
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
The five-year Capacity Building Initiative for Transparency (CBIT) project will enable The Comoros, Eritrea, Seychelles and Zambia to comply with the Paris Agreement’s enhanced transparency framework (Article 13).
The objective of the COMESA-EAC-SADC Tripartite group is to strengthen economic integration of the southern and eastern Africa region through joint planning, design, coordination, and implementation of policies and programmes across the three blocs.
Branded Dimension Data in the Middle East and Africa region, has been recognized by Microsoft with the highest accolade for Azure Cloud experience, being named an Azure Expert Managed Services Provider (MSP).
Adenia Partners, a private equity firm investing in Africa, announced it has completed the acquisition of Africa Biosystems Limited (ABL), a distributor of life sciences and clinical diagnostics equipment in East Africa.
Mastercard has today announced the appointment of Victor Ndlovu as Director, Country Business Development Lead for East Africa.
Reliable and affordable energy sources of energy are key to the attainment of all the four stages of the EAC integration, namely the Customs Union, Common Market, Monetary Union and Political Federation.
African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million.
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Vertiv, a global provider of critical digital infrastructure and continuity solutions, introduced the Vertiv™ VRC-S, a fully factory-assembled micro data center designed for fast, easy installation at the edge of the network and other small IT sites.
The Food and Agriculture Organization of the United Nations (FAO), welcomed €8 million contribution from the EU to enable countries in the Horn of Africa maintain a state of readiness in the face of a possible resurgence of Desert Locusts.
The new Hapag-Lloyd East Africa Service 3 (EAS3) is scheduled to arrive in Kenya and Tanzania next week. The new service will offer excellent connections to Hapag-Lloyd’s global network; Seven 2,800 TEU vessels being deployed in the service.
Starsight Energy announced its expansion into East Africa via the acquisition of a 50% stake in the East African operations of Premier Solar Group, a Commercial & Industrial (C&I) solar company with a focus on Sub-Saharan Africa and South Asia.
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
Getachew will lead the commercial growth and expansion of Twiga’s business in Kenya and across the borders into the wider East Africa market, in line with the strategic goals of the company.
The African Union (AU) has set out plans to construct industrial parks that will improve the manufacturing of agricultural products as well as the supply chain.
Vodacom Tanzania and Britam Insurance have inked a partnership deal that will see the former issuing third party motor vehicle insurance cover to its over 15 million clients.
MIGA issues guarantees of $37.1m to AIIF3 for clean off-grid solar energy in Central and East Africa
MIGA issued guarantees of up to $37.1 million to a fund (AIIF3), to cover the fund's equity and quasi-equity/shareholder loan investments in Bboxx subsidiaries in Rwanda, Kenya, and DRC for up to 10 years.
Good times are ahead for farmers in the South-East geopolitical zone as Dangote Fertilizer has promised to train them on better ways of farming to obtain bumper yields…
As countries seek to relax border restrictions, quarantines and lock-downs, they need a more reliable, trustworthy and efficient way to validate the health status of incoming travelers.
why Swahili Connection has launched its translation and localization services to international companies, including producing marketing materials and writing content in Swahili.
Africa Data Centres (ADC), part of the Liquid Intelligent Technologies (formerly Liquid Telecom Group) has appointed Dan Kwach to the newly-created position of Managing Director for the East Africa region.
Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.
AgDevCo has announced a $3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
The establishment of an effective Common External Tariff in the East Africa region will lead to the exponential growth of the manufacturing sector.
Rwandan' products are set to gain extended access to UAE and global markets following the first launch in Rwanda of Dubuy.com, an e-commerce platform.
IXAfrica, the new-entrant datacentre operator in Kenya has begun an ambitious plan to build a world-leading and sustainable campus at a prime location in Nairobi.
[Column] Quinton Swart: Why boxed water is better? Thinking inside of the box when it comes to packaging water
Packaged water in South Africa is a growing market, commonly bottled in polyethylene terephthalate (PET) plastic. While this material is recyclable, more than half of plastic waste is not recovered, most of it ending up in landfill or in waterways.
[Madagascar] Jirogasy launches fundraising to finance its solar computer and expansion in East Africa
After a year marked by the launch of its solar computer Jirodesk II, the Malagasy company joins the Seedstar and Shell Foundation's acceleration program.
The African Development Bank and Equity Group signed a $100 million loan facility to support the commercial bank’s expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises as it grows.
Global technology brand, OPPO today announced that its Reno5 Pro 5G and Reno5 5G smartphones have been selected as the designated smartphones for PUBG MOBILE Esports in the Middle East and Africa region.
IFC, a member of the World Bank Group, appointed Amena Arif as its new Country Manager for Kenya, Tanzania, Uganda, Rwanda, Burundi, Somalia, and Malawi, effective immediately.
Through this new Finnish funding, TMEA will scale up support to governments to adopt ICT for Trade systems in key trade agencies that contribute to the successful implementation of National Single Windows.
27 Associate Consultants have graduated from SAP's Young Professional Program, the company's flagship digital skills build initiative, in East Africa following their successful completion of an all-virtual training program.
Aceleron, the UK developer of circular economy lithium-ion batteries, and Jirogasy, the Malagasy solar start-up, have unveiled a new partnership to deliver solar powered computers to 10,000 children a year across schools in Madagascar and East Africa.
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
The new fiber ring network will link BringCom’s points of presence in East and West Africa to its European hub in London, providing BringCom customers with protected and reliable connectivity services.
Systems integrator and managed services provider, Dimension Data has started offering technical support services to software firm, SAP, clients in East Africa.
The Government of Denmark reiterated its commitment to support green trade and the fight against COVID-19 pandemic in the East African region, with two financial agreements of $17.5 million.
East African planning, design, architecture and engineering team FBW Group has been appointed to masterplan the expansion of the University of Global Health Equity (UGHE) in Rwanda.
Uganda has become the first country in the eastern and southern African region to convert its driver’s licensing categories to conform to the regionally harmonized Tripartite Transit and Transport Facilitation Programme (TTTFP) standards.
Burundi export products are set to access the larger regional market following improvement of their quality standards, made possible through the provision of laboratory equipment to the agency responsible for Standardization and Quality Control.
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment.
South Africa's fintech startup Ukheshe has entered into a new Bank Identification Number (BIN) deal with Kenya-based lender KCB Bank Kenya.
Business Membership Organizations in the East African are adopting Customer Relationship Management software technologies, in a bid to improve service provision to businesses amid the COVID-19 pandemic.
IFC announced a loan to Kioo, East Africa's largest producer of glass bottles, to help the Tanzanian company weather COVID-19-related challenges, protect jobs, and invest in energy-efficient machinery to reduce its carbon footprint.
Agtech company XAG has proposed that agricultural drones, through more targeted night spraying application, can strongly support the current ground and aerial control measures.
The latest data – and East Africa's continued focus on transforming its key industries, sectors and infrastructure through technology – is giving me hope that the economic outlook is brightening.
A locust fighting force assembled by countries in East Africa to combat an invasion of the crop-devouring pest is at risk of seeing its activities grind to a halt as funding to sustain its operations dries up, FAO warns.
eSite Power Systems receives new order for its x10 telecom site power supply system for rollout in eastern Africa.
eSite Power Systems' eSite x10 telecom site power supply system has received another order to deploy in the network of a mobile operator in eastern Africa.
SunFunder, a recurring partner of InspiraFarms has confirmed a new $500k loan which will provide working capital to deploy our agricultural first-mile cold chain installations in Africa.
Equity Group Holdings (EGH) received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commerciale Du Congo (BCDC) to form a new bank - Equity Banque Commercial du Congo (EquityBCDC).
Equity becomes first Eastern and Central African bank to cross the one trillion shilling balance sheet mark
The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform.
The International Maize and Wheat Improvement Center (CIMMYT) has announced the successful development of three CIMMYT-derived fall armyworm-tolerant elite maize hybrids for eastern and southern Africa.
COMESA and the European Union have signed a EUR 7.6 million Financing Agreement for the COMESA Institutional Capacity Building Programme.
The U.S. International Development Finance Corporation (DFC) has approved investments this quarter totaling more than $2.1 billion to advance development in emerging markets in Africa, Eastern Europe, Indo-Pacific, Latin America, and the Middle East.
Sokowatch, the innovative East African e-commerce platform, has launched electric three wheelers, commonly referred to as tuk-tuks, to its delivery fleet in Uganda, making the vehicles the first to be used commercially in East Africa.
Nestlé partners with Nomanini and Standard Bank to empower informal retail traders across the Eastern and Southern Africa
Informal retail Micro, Small and Medium-Sized Enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to Nestlé, Nomanini and Standard Bank.
Dutch impact investor, DOB Equity, is investing in Victory Farms, East Africa’s largest commercial fish farm to allow the firm to scale up its production capacity and expand its reach across the Kenyan market.
KCB Group (KCB) and Atlas Mara (ATMA) have signed a definitive agreement for KCB to acquire 62.06% stake in Banque Populaire du Rwanda and 100% stake in African Banking Corporation Tanzania from ATMA.
BringCom Incorporated, a provider of connectivity solutions in Africa, announced it has established a new partnership and interconnect agreement with Ethio Telecom.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
The EU Ambassador to Tanzania and the East African Community and the Secretary General of the EAC launched a €16.4 million joint programme to strengthen regional economic integration.
Moody’s Analytics has announced that MUA, a composite insurer operating across Mauritius and East Africa, will be using the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution and the Moody’s Analytics Scenario Generator to meet the reporting requirements.
East African partner states are losing out billions of dollars by inadequately investing in adding value to horticulture and leather goods produced in the region and not addressing bottlenecks derailing growth in the sectors.
During the launch of the Global Agriculture and Food Security Program Replenishment Period 2020-25, donors increased their contributions to achieve sustainable Development Goal 2 - a world with zero hunger.
With a shift away from physical commerce, consumers are increasingly taking their daily activities online.
Scientists from NemAfrica, the nematology unit at CGIAR-IITA, and the International Centre for Insect Physiology and Ecology (icipe) are currently assessing new potato varieties that are resistant to the potato cyst nematode (PCN) pest.
Mastercard study highlights the digital divide that needs to be addressed to power gig economy growth in East Africa
Mastercard released a white paper revealing how gig work across East Africa is helping to drive economic growth by facilitating economic opportunities, improving livelihoods, and acting as a buffer against unemployment.
The UK Government has provided a new package to help control millions of locusts attacking crops across East Africa, Yemen and South West Asia by spraying, monitoring and surveillance.
Jubilee Holdings (Jubilee Insurance), East Africa’s insurance group, and Allianz, world's insurers and asset managers, signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Mastercard has released a white paper revealing how gig work across East Africa is helping to drive economic growth by facilitating economic opportunities, improving livelihoods, and acting as a buffer against unemployment.
Evergreen Herbs Ltd, one of East Africa’s producers of fresh cut herbs, has started operations at a farm that was set to close in Kajiado, Nairobi.
CGIAR-IITA and the Eastern Africa Grain Council (EAGC) have signed a memorandum of understanding (MoU) to work together to tackle aflatoxin contamination of grain in the region.
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million term loan in favor of East African Development Bank, to support SMEs and infrastructure projects in East Africa.
Shanta Gold, East Africa-focused gold producer announced the expansion of processing capacity at the New Luika Gold Mine (NLGM).
UnionPay International (UPI) and Interswitch East Africa (Kenya) announced partnership confirming Interswitch becoming a Third-Party Service Provider (TPSP) for UnionPay International in East Africa.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
The East Africa Community (EAC) Secretariat and its Partner States have held a virtual roll out event to mark the technical completion and development of Regional Electronic Cargo and Driver Tracking System.
Google has appointed Agnes Gathaiya as Country Director for East Africa with her role being managing regional operations for the region.
Vertiv, Fajoba enter distribution partnership, underline commitment to East African digital development
Vertiv, a global provider of critical digital infrastructure and continuity solutions announced a distribution partnership with the Fajoba Group, a regional IT solutions and hardware leader for East and Central Africa.
[Column] Pedro Guerreiro: What East Africa can teach the rest of the continent about economic growth
The 21st century is widely touted as the ‘African Century’, a period promising unprecedented economic and technological growth for the continent. Africa’s future looks bright.
Andersen Global continues to expand its platform in East Africa through a Collaboration Agreement with Burundi-based CN & Associates.
There’s been a definite shift around the discussion about the cloud in Africa. Businesses now accept that the future of organising, processing and presenting their data is in the cloud.
The East African Community has kicked-off national launches of the 50 Million African Women Speak Networking Platform.
Serious hunger and malnutrition loom for millions of refugees across Eastern Africa who depend on assistance from the WFP to survive, as the socio-economic impact of the COVID-19 reduces vital funding from donors.
MoneyGram International announced a partnership with Thunes, which will enable MoneyGram's customers to seamlessly send money directly to mobile wallets and bank accounts globally through the MoneyGram platform.
[Kenya] ZEP-RE urges insurers to rethink price undercutting as industry’s underwriting revenue tumbles
Players in the insurance sector have been urged to rethink their predatory pricing strategies as it is hampering the growth of the insurance sector, according to ZEP-RE Chief Executive Officer Hope Murera.
Shanta Gold, East Africa-focused gold producer, has completed the acquisition of 100% shares of Barrick’s subsidiary Acacia Exploration Kenya (AEKL) from three subsidiaries of Barrick Gold.
SMEs in the East African region are using digital transformation initiatives to increase their competitiveness and ensure they are set for growth despite challenging trading conditions.
TDB SME Programme announced the signing of an initial 4-year senior/ mezzanine debt facility of $1 million to be managed by Grassroots Business Fund to finance agribusiness SMEs in Kenya, Tanzania and Uganda.
The EAC Deputy Secretary General disclosed that all is set for the launch of the EAC Regional Electronic Cargo and Driver Tracking System in collaboration with the EAC Partner States National Focal Points on Covid-19 and TMEA.
Bayer donates Decis ULV insecticide to support Kenya, Uganda fight against desert locust devastation
Farmers in Kenya and Uganda currently fighting a devastating locust invasion and looming food security crisis are receiving a donation of 170,000 liters of Decis ULV insecticide from Bayer.