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30-10-2014 23:52:00 | by: Administrator | hits: 25220136 | Tags:

[Column] Carol Koech: Are data centers in East Africa ready for digital demand
23-07-2021 | 14:14:00
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.
iSAT Africa, SES Networks partner to provide reliable 4G services in East Africa
15-07-2021 | 14:22:00
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 to open 20 new stores in East Africa expansion plan
15-07-2021 | 10:18:00
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 Continental headquarters of the AeTrade group has been awarded to Rwanda
09-07-2021 | 11:53:00
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 and TDB ink deal to support trade in Eastern and Southern Africa
08-07-2021 | 09:44:00
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
30-06-2021 | 08:59:45
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.
[Free Webinar] Jumpstart your productivity AND profitability with Incentro and VOGSY
23-06-2021 | 16:16:00
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
The Global Environment Facility approves $5.7 million to support climate actions in COMESA
16-06-2021 | 12:40:32
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).
COMESA-EAC-SADC Tripartite leadership changes hands
14-06-2021 | 12:09:08
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.
Dimension Data earns top cloud accreditation as an Azure Expert Managed Services Provider
10-06-2021 | 21:32:50
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 acquires life sciences distributor Africa Biosystems
03-06-2021 | 10:45:00
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 appoints Victor Ndlovu Director, Business Development Lead, East Africa
27-05-2021 | 07:19:00
Mastercard has today announced the appointment of Victor Ndlovu as Director, Country Business Development Lead for East Africa.
East African Community bets on reliable and affordable energy to drive integration
24-05-2021 | 08:29:49
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.
Ascent announces first close of Ascent Rift Valley Fund II
21-05-2021 | 00:28:00
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.
Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
20-05-2021 | 13:02:00
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 introduces new Plug-and-Play micro data center system for edge computing in EMEA
18-05-2021 | 22:28:34
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.
EU contributes €8m to strengthen gains in Desert Locust fight in the Horn of Africa
14-05-2021 | 14:26:00
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.
New Hapag-Lloyd East Africa service to arrive in Kenya and Tanzania
14-05-2021 | 13:46:00
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 expands into East Africa
13-05-2021 | 14:24:00
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.
Peter Mathuki takes over as East African Community Secretary General
28-04-2021 | 08:32:49
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.
Twiga Foods East Africa appoints Yebeltal Getachew as CEO
23-04-2021 | 16:30:59
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.
African Union set to boost intra-African agricultural trade
23-04-2021 | 10:33:08
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 unveil digital insurance service
23-04-2021 | 08:54:09
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
21-04-2021 | 09:52:00
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.
Dangote Fertilizer to train farmers in the South East
16-04-2021 | 12:21:01
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…
EAC member states join CommonTrust Network on health data for global travel
16-04-2021 | 08:52:12
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.
Swahili Connection launches translation and localization services to international companies
13-04-2021 | 08:23:36
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 Appoints Dan Kwach First MD for East Africa Region
12-04-2021 | 10:49:00
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.
Total signs agreements with Uganda and Tanzania on East Africa oil project
12-04-2021 | 10:10:26
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 invests $3 million in East Africa poultry company Uzima Chicken
08-04-2021 | 11:02:00
AgDevCo has announced a $3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
Verdant Capital raises $9.9 million financing for East African tech enabled MSME lender Tugende
07-04-2021 | 13:32:00
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.
[Column] Phyllis Wakiaga: Promoting local production will lead to regional industrialization
07-04-2021 | 11:03:00
The establishment of an effective Common External Tariff in the East Africa region will lead to the exponential growth of the manufacturing sector.
E-Commerce website was set up to boost access of Rwandan products to global market
05-04-2021 | 09:05:22
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.
[Kenya] IXAfrica begins construction of East Africa's largest hyperscale-ready datacentre at 42.5MW
29-03-2021 | 14:45:52
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
26-03-2021 | 07:43:09
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
25-03-2021 | 06:12:00
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.
Equity Group plans trans-Africa expansion with $100m loan from the AfDB
24-03-2021 | 10:41:00
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.
OPPO Reno5 series named the official smartphone partner of PUBG MOBILE Esports
22-03-2021 | 09:22:00
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 appoints Amena Arif as new Country Manager for East Africa and Malawi
16-03-2021 | 09:53:24
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.
Finland government, TMEA ink €10.5 million deal to support regional trade
04-03-2021 | 07:26:36
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 Graduate From SAP's Young Professional Program
04-03-2021 | 06:30:25
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.
Solar-powered computers accelerate digital literacy in Madagascar
25-02-2021 | 10:20:00
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.
DFC invests $1m in femtech e-commerce startup Kasha Global to support women’s health in East Africa
18-02-2021 | 13:44:00
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.
BringCom completes Pan-African fiber ring network
16-02-2021 | 07:51:43
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.
Dimension Data to offer technical support to SAP clients in East Africa
15-02-2021 | 10:18:00
Systems integrator and managed services provider, Dimension Data has started offering technical support services to software firm, SAP, clients in East Africa.
Denmark commits $17.5m to support Kenya’s green trade efforts
12-02-2021 | 08:14:00
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.
Architecture firm FBW to masterplan Rwanda’s University of Global Health Equity expansion
12-02-2021 | 07:03:13
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 leads in adopting tripartite standards on drivers’ licensing
10-02-2021 | 15:46:29
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.
Burundian products set to access wider regional markets following improvement of quality standards
10-02-2021 | 14:26:34
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.
[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
08-02-2021 | 10:50:12
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment.
Ukheshe and KCB Bank in Deal to Boost East African Payment Services
01-02-2021 | 09:09:00
South Africa's fintech startup Ukheshe has entered into a new Bank Identification Number (BIN) deal with Kenya-based lender KCB Bank Kenya.
East Africa Businesses Adopt Digital Solutions Amid Covid-19
01-02-2021 | 06:09:01
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 provides loan to support Tanzanian glassmaker Kioo
27-01-2021 | 08:08:07
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.
Drones Could Outsmart Locust Swarms at Night in Africa, suggests XAG
25-01-2021 | 13:18:00
Agtech company XAG has proposed that agricultural drones, through more targeted night spraying application, can strongly support the current ground and aerial control measures.
[Column] Pedro Guerreiro: The role of technology in unlocking trade value in East Africa
21-01-2021 | 08:00:58
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.
East Africa's locust air force could be grounded as another wave of the scourge takes flight
20-01-2021 | 13:26:48
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.
11-01-2021 | 06:57:56
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.
Inspira Farms receives financing for agricultural first-mile cold chain installations in Africa
06-01-2021 | 08:04:04
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 Bank Congo, Banque Commerciale Du Congo receive regulatory approval for merger
05-01-2021 | 12:51:00
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
23-12-2020 | 14:38:49
The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform.
CIMMYT unveils three fall armyworm-tolerant maize varieties for Eastern and Southern Africa
23-12-2020 | 07:41:17
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 EU sign € 7.6 million financing agreement for institutional capacity building programme
21-12-2020 | 07:07:33
COMESA and the European Union have signed a EUR 7.6 million Financing Agreement for the COMESA Institutional Capacity Building Programme.
DFC approves over $2.1b in new investments for global development
16-12-2020 | 14:15:00
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 launches East Africa’s first commercial electric three wheelers
02-12-2020 | 15:33:57
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
02-12-2020 | 12:24:08
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.
East Africa’s largest commercial fish farm receives investment from DOB Equity
26-11-2020 | 16:12:43
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, Atlas Mara sign acquisition deal for Rwanda, Tanzania banking businesses
26-11-2020 | 13:38:00
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.
[Ethiopia] BringCom announces new partnership and interconnect agreement with Ethio Telecom
03-11-2020 | 09:12:00
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
30-10-2020 | 08:21:00
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.
EAC, EU launch regional economic integration programme
22-10-2020 | 09:21:00
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.
East Africa insurer MUA picks Moody’s solutions to meet global reporting standards
15-10-2020 | 09:38:00
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.
Low-value addition of horticulture, leather products cost EAC export earnings, report
14-10-2020 | 15:10:00
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.
Global Agriculture and Food Security Program donors announce $300m to end hunger and malnutrition
14-10-2020 | 08:14:00
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.
[Column] Tonny Tugee: Developing entrepreneurship in a digital economy
13-10-2020 | 12:46:19
With a shift away from physical commerce, consumers are increasingly taking their daily activities online.
Scientists introduce new potato varieties to combat potato cyst nematode in East Africa
06-10-2020 | 09:57:48
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
06-10-2020 | 09:45:25
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.
New UK support to tackle locust swarms in East Africa
05-10-2020 | 07:32:00
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.
Allianz acquires controlling stakes in Kenya’s Jubilee Holdings subsidiaries
30-09-2020 | 11:23:00
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.
Gig economy powers East Africa, tackles unemployment, Mastercard report
30-09-2020 | 09:41:00
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.
[Kenya] Agris expands Evergreen Herbs production capacity with new greenhouses
29-09-2020 | 13:11:00
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.
IITA and regional grains body partner to produce aflatoxin-free grain for health and trade
29-09-2020 | 09:23:34
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.
OPEC Fund approves $20m for SMEs in East Africa
28-09-2020 | 10:07:00
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.
East Africa-focused Shanta Gold announces New Luika plant capacity expansion
28-09-2020 | 09:57:00
Shanta Gold, East Africa-focused gold producer announced the expansion of processing capacity at the New Luika Gold Mine (NLGM).
UnionPay partners with Interswitch East Africa to accelerate payment digitalization
25-09-2020 | 13:52:51
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 migrates video platform to new satellite as it expands broadcast offering
23-09-2020 | 09:28:00
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.
EAC rolls out regional electronic cargo and driver tracking system
17-09-2020 | 08:28:59
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.
Agnes Gathaiya appointed Google Country Director for East Africa
10-09-2020 | 08:47:19
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
09-09-2020 | 10:06:00
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
09-09-2020 | 09:56:15
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 grows East African footprint with entry into Burundi
04-09-2020 | 08:30:32
Andersen Global continues to expand its platform in East Africa through a Collaboration Agreement with Burundi-based CN & Associates.
[Column] Patrick Ndegwa: The future of cloud computing: moving at the speed of business
01-09-2020 | 07:02:00
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.
EAC Launches 50 Million African Women Speak Networking Platform in Tanzania
31-08-2020 | 13:56:24
The East African Community has kicked-off national launches of the 50 Million African Women Speak Networking Platform.
Food rations cut for refugees in Eastern Africa as coronavirus stretches resources
27-08-2020 | 09:32:00
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, Thunes partner to expand digital network and mobile wallet capability
26-08-2020 | 12:50:00
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
24-08-2020 | 09:23:00
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 completes acquisition of Barrick's Kenya gold projects
21-08-2020 | 12:50:38
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.
East African SMEs accelerate their growth with cloud deployments
18-08-2020 | 11:01:00
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, partners commit $1m to agribusiness SMEs in East Africa
13-08-2020 | 09:12:00
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.
EAC to launch Regional Electronic Cargo and Driver Tracking System
12-08-2020 | 08:46:47
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
11-08-2020 | 12:02:00
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.