tagresults

30-10-2014 22:52:00 | by: Administrator | hits: 22163307 | Tags:

[Kenya] Prime Bank partners with SimbaPay for instant international money transfer
09-11-2020 | 13:30:45
Kenyan private bank Prime Bank, has partnered with London-based fintech SimbaPay, to launch an instant international money transfer service via the bank’s digital platform PrimeMobi.
[South Africa] JSE enters a transaction with UK fintech company Globacap to establish private markets
07-11-2020 | 14:24:36
JSE Limited, the operator of the Johannesburg Stock Exchange, has entered into a transaction with UK fintech company Globacap to progress a digital private placements platform and registry services.
[Nigeria] CDC announces $75m long-term funding to Stanbic IBTC Bank
06-11-2020 | 10:32:00
CDC Group, UK’s development finance institution and impact investor, announced a $75 million debt commitment to Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and member of the Standard Bank Group.
Anglo African Oil & Gas confirms suspension of trading on AIM
05-11-2020 | 10:58:00
Anglo African Oil & Gas confirms that trading in the Company's ordinary shares on AIM has been suspended with effect from 7.30 a.m. UK time today (5 November 2020).
Crown Agents Bank extends African payments reach with expanded Paga relationship
05-11-2020 | 06:18:00
Crown Agents Bank announced it is expanding its partnership with Paga to increase its payments reach in Nigeria, Africa’s largest economy, as part of its continued growth trajectory.
Ravenswood establishes subsidiaries in UK and Kenya
21-10-2020 | 10:26:23
Ravenswood Solutions has established two new subsidiaries, Ravenswood Technologies UK and Ravenswood Technologies Kenya, after winning a five-year contract from the UK Ministry of Defence.
New UK support to tackle locust swarms in East Africa
05-10-2020 | 05:32:00
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.
UK businesses explore retail, e-commerce opportunities in Egypt
01-10-2020 | 06:36:00
The UK Department for International Trade (DIT) and Egyptian British Chamber of Commerce (EBCC) organised first retail webinar to explore retail and e-commerce opportunities for British companies in the Egyptian market.
Development Partners International selected to manage women empowerment fund across Africa
01-10-2020 | 06:18:09
The European Investment Bank and other multilateral agencies have signed an agreement with Development Partners International LLP (DPI) to become the first 2X Flagship Fund.
[Nigeria] Airsmat raises $100,000 investment to deepen AI application in agriculture
25-09-2020 | 07:28:00
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.
UK donates R50m to Solidarity Fund for projects supporting and promoting women in South Africa
24-09-2020 | 09:09:09
South Africa's Solidarity Fund received R50m grant from the government of the United Kingdom, aimed at extending ongoing efforts to counter the repercussions of COVID-19, focusing specifically on projects supporting and promoting women.
RwandAir to restart its flights to and from London and Brussels
21-09-2020 | 12:53:40
The resumption of European services will see the leading African carrier switch its UK operations from London Gatwick, with commercial flights to the Rwandan capital now departing from London Heathrow for the first time.
Air Partner opens new freight office in South Africa
15-09-2020 | 07:29:41
Air Partner, a charter and Freight solutions specialist, has established its first physical presence in South Africa, with a Johannesburg sales office that will provide localised support to Freight clients within the region.
CommunityWFM, Smartz Solutions partner to expand into the UK and South African contact center markets
02-09-2020 | 13:20:00
CommunityWFM, a leading workforce management (WFM) software vendor announced a partnership agreement with Smartz Solutions to fuel international growth.
[Column] Matthew Ryan: Euro tumbles as Eurozone inflation turns negative
02-09-2020 | 12:28:00
The euro found strong resistance around the 1.20 level versus the US dollar yesterday, before ending the trading session sharply lower following some contrasting economic news between the US and Euro Area.
MFS Africa partners with PaySii to drive cheaper remittances across the continent
02-09-2020 | 06:32:00
Pan-African cross-border payments leader MFS Africa has partnered with global money transfer start-up PaySii to help facilitate remittances in Africa.
Wild polio wiped out in Africa with UK aid support
26-08-2020 | 12:07:00
UK efforts to stop wild polio in Africa have contributed to the continent being officially declared free from the disease, which can kill or maim children for life.
CDC Group establishes permanent presence in Egypt with appointment of new Coverage Director
12-08-2020 | 14:08:00
CDC Group, the UK’s impact investor and development finance institution has established its permanent presence in Egypt with the appointment of Sherine Shohdy as its new Coverage Director.
CDC announces additional $75 million trade finance deal with Absa
31-07-2020 | 11:08:00
CDC Group, the UK’s development finance institution and impact investor announced an additional $75 million commitment to its existing trade finance facility with Absa Bank.
[Column] Chris Burke: How COVID-19 is testing telcos’ mettle
11-06-2020 | 10:28:00
We are living in testing times and for telecoms operators, the COVID-19 pandemic is throwing up challenge after challenge, ranging from a major mismatch between network configuration and the new traffic patterns.
Asoko Insight extends digital dealroom platform with UK’s Department for International Trade
07-05-2020 | 16:09:41
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.
Kenya sends 3000 bouquets of flowers to UK amid COVID-19
25-04-2020 | 11:00:00
Kenya has sent over 300 bouquets of flowers to London, United Kingdom in a show of solidarity with a country that remains its prime floriculture market amid the Covid-19 pandemic.
[South Africa] Driving data shows people are staying in lockdown more than US, UK
20-04-2020 | 13:37:00
South Africans have been generally more observant of lockdown rules than their peers in countries such as the US and UK, car-usage data from Standard Bank Insurance suggests.
[South Africa] JSE, London Stock Exchange partner to introduce enhanced Fixed Income Indices
10-04-2020 | 06:55:00
The Johannesburg Stock Exchange and FTSE Russell, a subsidiary of the London Stock Exchange have combined forces to launch the FTSE/JSE Fixed Income Indices, which will offer investors enhanced exposure to South African listed debt.
African Development Bank first social bond lists on London Stock Exchange
06-04-2020 | 09:18:00
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange and is now available through its Sustainable Bond Market.
DFID selects McKinsey to help deliver 'Invest Africa' programme
03-04-2020 | 06:34:00
The Department for International Development (DFID) has selected McKinsey& Company to help deliver its 'Invest Africa' programme.
New dawn for Somalia as arrears owed to the African Development Bank Group cleared
26-03-2020 | 08:21:00
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom and the European Union.
UK launches second call for proposals for Business Innovation Challenge in Kenya
02-03-2020 | 15:35:57
The UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 each.
UK supercomputer to combat Africa’s worst locust outbreak in decades
02-03-2020 | 15:25:00
Climate experts in East Africa are using a UK-funded supercomputer to combat the continent’s worst locust outbreak in 70 years, which is robbing people on the brink of starvation of much-needed food.
Air Senegal to launch London Stansted to Dakar direct flights
26-02-2020 | 08:20:00
Air Senegal, that has chosen London Stansted for its first ever UK service, will operate three flights a week starting on 26th June to the city made famous by the historic long-distance rally.
Prosperity Fund’s Future Cities programme launches in South Africa
24-02-2020 | 15:37:00
The UK Prosperity Fund, in partnership with Future Cities South Africa is launching their Future Cities Programme in three of South Africa’s major city municipalities; Cape Town, Johannesburg and Durban.
Royal Air Maroc and British Airways sign codeshare agreement
17-02-2020 | 09:09:00
British Airways and Royal Air Maroc have announced a new codeshare agreement which will open up new routes across Morocco including Casablanca and Agadir.
James Murray joins Workfront as EMEA Managing Director
03-02-2020 | 15:34:00
Workfront announces the appointment of James Murray as the Vice President and Managing Director of Workfront’s operations across Europe, the Middle East and Africa (EMEA).
Investors should see Africa as a place to make a decent profit, ODI
03-02-2020 | 15:01:00
The UK and international firms should see Africa as a place where they can make a profit, not just do charitable work, according to new research from Overseas Development Institute (ODI).
Union Bank of Nigeria to divest complete stake in UK subsidiary
30-01-2020 | 08:44:50
Union Bank of Nigeria has announced that it has entered a share sale and purchase agreement to divest its 100 per cent equity stake in Union Bank UK.
United Kingdom reaffirms commitment to Africa’s economic transformation
29-01-2020 | 10:44:00
The United Kingdom has reaffirmed its commitment to Africa’s economic transformation.
African Development Bank President opens trading on London Stock Exchange
23-01-2020 | 11:35:27
Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank, Akinwumi Adesina, to open markets for trading at London Stock Exchange on Wednesday 22 January.
The UK invests over £50 million for clean energy projects across Africa
22-01-2020 | 10:57:00
The UK has invested millions in clean energy projects across Africa, to support the continent's growing energy needs.
UK exports boost infrastructure projects in Africa
21-01-2020 | 09:45:00
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
African tech firms invited to join UK led growth project
21-01-2020 | 09:18:00
The UK’s Department for Digital Culture, Media and Sport launches scheme to develop next generation of African start-ups.
The UK launches new venture to create rich pipeline of infrastructure projects across Africa
21-01-2020 | 08:27:43
The UK is partnering with five African countries to mobilise private sector investment in quality, environmentally-friendly infrastructure projects, International Development Secretary Alok Sharma announces.
UK, Egypt announce joint economic partnership
21-01-2020 | 08:01:00
During the UK-Africa Investment Summit, the UK and Egypt announced an agreement to enhance economic cooperation between the two nations.
President Kenyatta launches Kenya’s first green bond at London Stock Exchange
21-01-2020 | 06:20:00
Kenya’s President Uhuru Kenyatta has rang the bell to kick off the trading of Kenya’s first green bond at the London Stock Exchange (LSE).
UK aid boosts support for African women entrepreneurs to expand businesses into global markets
17-01-2020 | 11:07:53
The UK is boosting support to female entrepreneurs in Africa, helping them overcome barriers to starting businesses and connecting them to global markets, announces the International Development Secretary Alok Sharma.
United Kingdom to mobilise billions of pounds of investment to transform Africa
17-01-2020 | 07:15:23
Billions of pounds of investment in Africa will be generated by the City of London under initiatives announced by International Development Secretary Alok Sharma today.
Standard Bank sponsors multilateral UK-Africa Investment Summit
17-01-2020 | 06:13:00
Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, to be held in London on 20 January 2020.
Liverpool engineers help African nations shift towards clean energy
16-01-2020 | 08:45:11
Clarke Energy, a Liverpool engineering company is helping African businesses reduce carbon emissions thanks to innovative hybrid engines.
UK aid to help build green cities across Africa with quality infrastructure
15-01-2020 | 11:25:53
The International Development Secretary pledged new UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential.
United Kingdom contributes £3m to feed Burundian refugees in Rwanda
17-12-2019 | 05:57:00
The United Nations WFP welcomed a contribution of £3 million from the United Kingdom to help save the lives of over 60,000 Burundian refugees in Mahama camp in eastern Rwanda who had faced ration cuts this month.
EU deepens Ethiopia cooperation with €170m package
10-12-2019 | 09:01:00
On the occasion of her first official visit outside Europe, the new President of the European Commission, Ursula von der Leyen, announced in Addis Ababa, a significant boost to the EU's cooperation with Ethiopia.
EU steps up economic partnership to boost job creation in Kenya
10-12-2019 | 08:45:00
The European Commission (EU) announced two new programmes totalling €31 million to boost investment and create jobs in Kenya.
[Zambia] COMESA, EU sign €8.8 million to support private sector competitiveness
04-12-2019 | 09:05:00
The European Union and COMESA signed 8.8 million Euros Contribution Agreement to increase private sector participation in sustainable regional and global value chains.
European Bank for Reconstruction and Development fosters small businesses in Tunisia
04-12-2019 | 07:08:00
The European Bank for Reconstruction and Development (EBRD) is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL).
EU allocates €50 million to fight Ebola and malnutrition in DR Congo
03-12-2019 | 06:54:00
The European Commission has announced €50 million to help the most vulnerable people affected by the Ebola epidemic in the Democratic Republic of Congo.
European Bank for Reconstruction and Development opens third office in Morocco
03-12-2019 | 06:35:00
The European Bank for Reconstruction and Development (EBRD) is strengthening its outreach in Morocco with the opening of a third office, in the city of Agadir, which will cover the regions of Souss-Massa and Marrakech-Safi.
AgDevCo expands agri investment portfolio in Zambia to develop the egg industry
02-12-2019 | 12:22:00
AgDevCo has announced its latest investment in Zambia's agribusiness sector.
[South Africa] Investec leads successful capital raising for ITM Power
28-11-2019 | 11:59:00
Investec has acted as Nominated Adviser, Financial Adviser and Broker to ITM Power on its intention to raise at least £52 million through a strategic investment of £38.0 million at 40 pence per share by Linde UK Holdings.
EBRD, Bank Al-Maghrib deepens money, derivatives and capital markets in Morocco
28-11-2019 | 07:58:00
Bank Al-Maghrib and the European Bank for Reconstruction and Development (EBRD) organised a workshop on London Inter-bank Offered Rate (LIBOR) reform and the launch of a new money market benchmark in Morocco.
Tunisia, UK launch Sustainable Tourism Charter in Hammamet
27-11-2019 | 09:30:00
The British Embassy in Tunisia announced a UK/Tunisia Sustainable Tourism Charter launched in Hammamet, one of the most popular tourism resorts for British visitors to Tunisia.
Seedlink partners with Water Powered Technologies to introduce zero carbon irrigation to African farmers
15-11-2019 | 11:35:13
Seedlink and UK water pump manufacturer, Water Powered Technologies Ltd, are joining forces in a zero carbon irrigation partnership to help Africa's farmers pump and store water.
British High Commission maintains and develops relations between the UK and South Africa
07-11-2019 | 08:19:00
Following a successful 18-month pilot, the BoE Stockbrokers will continue a programme of training and technical co-operation first agreed on 17 April 2018 with the SARB (South African Reserve Bank) until March 2022.
WeFarm rakes in $13million to grow its marketplace and network for independent farmers
06-11-2019 | 05:41:00
WeFarm, a farmer-to-farmer digital network currently in Kenya and Uganda has raised $13 million in a Series A round of funding, with plans to use the money to continue adding more users, farmers, and more services geared to their needs.
UK steps up support for media freedom in Malawi
05-11-2019 | 13:21:00
The British High Commissioner has encouraged the media fraternity in Malawi to apply for the Chevening Africa Media Freedom Fellowship.
[South Africa] Portfolio Committee on Trade and Industry approves the SACUM-UK economic partnership agreement
30-10-2019 | 14:54:00
The Portfolio Committee on Trade and Industry has considered and approved the SACUM-UK Economic Partnership Agreement (EPA) and it will now go to the National Assembly for ratification.
UK partners with Kenyan Fintech companies to increase financial inclusion
25-10-2019 | 11:07:00
The Lord Mayor of the City of London Peter Estlin, has announced £10 million of UK Aid support towards the Catalyst Fund during a visit to Nairobi.
[South Africa] Standard Bank scoops prestigious title in London
24-10-2019 | 06:09:00
Standard Bank International Personal Banking (IPB), a division of Standard Bank Offshore Group (SBOG), triumphed in the 2019 International Investment Awards, walking away with the ‘Excellence in Private Banking’ award in London.
UK boosts trade and investment partnership with Ghana
15-10-2019 | 09:22:25
The UK International Development Minister visited Ghana to strengthen trade and investment ties ahead of the UK-Africa Investment Summit in 2020.
Kenya Airways partners with AccesRail to support its European network expansion
15-10-2019 | 08:39:00
Kenya Airways (KQ) has signed an agreement with train ticketing company, AccesRail, to provide its passengers with connectivity to different destinations in Europe through train transfers from 3 of its 5 European gateways.
European Union provides €9.5 million in humanitarian aid as hunger persists in South Sudan
09-10-2019 | 06:26:00
The European Union (EU) is providing €9.5 million in humanitarian funding to the United Nations’ World Food Programme (WFP) in South Sudan to provide food and nutrition support.
Furgo appoints Erik-Jan Bijvank as Group Director, Europe and Africa
09-10-2019 | 06:11:00
Fugro’s Board of Management has appointed Erik-Jan Bijvank as Group Director for Europe and Africa, effective 1 January 2020.
UK aid-funded mine clearance success in Angola to be repeated in Zimbabwe
08-10-2019 | 09:25:00
Thousands of people will be safe from the threat of landmines in Zimbabwe, after the UK pledged its support for demining charity The HALO Trust.
European Union strengthens Senegal partnership with €27.5 million funding
07-10-2019 | 11:58:00
During his visit to Senegal, the Member of the Commission in charge of International Cooperation and Development, Neven Mimica, signed cooperation programmes for a total of €27.5 million.
[South Africa] Global financial leaders launch digital platform to tackle international trade barriers, bolster business growth
07-10-2019 | 11:00:00
Financial leaders from banks around the world convened in London to mark the official launch of the Trade Club Alliance.
UK aid to boost access to finance for Sub-Saharan Africa
03-10-2019 | 08:42:00
The UK Secretary of State for International Development announced a new UK aid package that will help mobilise £500 million in private sector investment and create 50,000 jobs across Sub-Saharan Africa.
South Africa, UK to showcase successful research chairs partnership
01-10-2019 | 08:08:00
South Africa and the United Kingdom will showcase the activities of a joint research chairs programme under the UK-South Africa Newton Fund during a symposium to be held in Pretoria on Wednesday, 2 October.
Google for Startups UK launches Africa programme to support startups
10-09-2019 | 13:18:00
Google for Startups UK has launched its first-ever Africa immersion cohort, a 12-week programme designed to bring the best of Google expertise and the London startup ecosystem to technology companies from Africa.
UK Government launches programmes supporting Kenyans with disabilities' access employment opportunities
07-08-2019 | 06:46:17
The British High Commissioner to Kenya, Nic Hailey, has launched two UK funded programmes that will support persons with disabilities access employment opportunities.
Air Tanzania to launch flights to London
06-08-2019 | 07:28:34
Air Tanzania has received landing slots for the launch of flights to London's Gatwick Airport.
[South Africa] UK-SA Tech Hub, Future Females partnership delivers first 50 female tech entrepreneurs graduates
22-07-2019 | 06:23:00
Earlier this year Future Females secured a partnership with the UK-SA Tech Hub, to support 50 South African, early-stage female tech entrepreneurs, to transform their ideas into businesses.
[Startup Interview] Elizabeth Eweka, CEO, IDHS, Nigeria
05-07-2019 | 13:12:00
Elizabeth Eweka-Adeshina is the founder and CEO of IDHS, a Nigeria health startup.
Uganda partners with M/S Alvan Blanch and Colas to improve post-harvest processing systems
07-05-2019 | 12:13:04
The Ministry of Agriculture, Animal Industry and Fisheries in Uganda (MAAIF) has partnered with M/S Alvan Blanch and Colas Ltd to improve post-harvest processing systems in Uganda.
UK invests in renewable energy in Somaliland to address high costs of electricity
01-05-2019 | 06:38:00
The UK-funded Energy Security and Resource Efficiency in Somaliland (ESRES) programme is giving more people across Somaliland access to affordable, clean and renewable energy.
UK signs agriculture, job creation and tech deals with Ghana and Nigeria
30-04-2019 | 11:20:00
The UK Foreign Office business delegation sign deals worth £82m in Nigeria and Ghana that will see up to 1600 new jobs created and agriculture transformed in Ghana.
Egypt, UK agree on boosting economic cooperation
15-04-2019 | 12:49:43
Investment Minister Sahar Nasr discussed with UK Department for International Development Permanent Secretary Matthew Rycroft boosting economic cooperation.
Liquid Telecom receives $180 million investment from CDC Group to expand its fibre footprint
05-04-2019 | 06:30:20
Liquid Telecom, a subsidiary of Econet Global, as announced completion and receipt of an investment of $180 million investment from CDC Group plc.
SoftwareONE launches Unified Communications Service in South Africa
22-02-2019 | 09:26:28
Global software and cloud portfolio management company, SoftwareONE, has launched UCSimple, a comprehensive Unified Communications (UC) managed service, in South Africa, UK.
[Column] Richard Quest: Without the circus, Davos can get down to business
24-01-2019 | 12:00:00
In a more innocent age, Davos was a high-minded gathering for intellectuals trying to solve the world’s problems.
Ethiopian Airlines launches four weekly flights to Manchester
11-12-2018 | 13:03:00
Ethiopian Airlines has inaugurated flights to Manchester, its second destination in the UK next to London.
Afreximbank, CDC Group sign $100m master risk participation agreement
12-11-2018 | 07:06:00
The African Export-Import Bank and CDC Group have, in Casablanca Morocco, signed a $100-million master risk participation agreement to support Afreximbank’s Trade Facilitation Programme.
[South Africa] Fiskl partners Ocean on 76 launch mobile app to empower Africa’s SME sector
30-10-2018 | 08:43:00
UK-based fintech company, Fiskl, has announced a partnership with South African based fintech player, Ocean on 76.
AfDB launches $500m credit insurance deal with ATI, UK reinsurers
23-10-2018 | 05:14:00
The African Development Bank and African Trade Insurance Agency have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa.
UK announces a £12 mn fund to support education reforms in Egypt
16-10-2018 | 13:52:50
The UK fund will include support for teacher training, through the ministry’s flagship education programme, and support children’s education in governorates across the country.
London court continues restraint against Djibouti Port Company
24-09-2018 | 07:50:00
The High Court of England and Wales in London has continued the injunction prohibiting the Government of Djibouti’s port company, Port de Djibouti S.A. from interfering with the management of the joint venture company.
Absa launches UK office
18-09-2018 | 06:12:00
Absa, one of Africa’s largest diversified financial services groups, has launched its UK office.
[Kenya] ImpalaPay partners with World Capacity Builders
17-09-2018 | 11:42:23
World Capacity builders, a British Colombian company, and ImpalaPay Limited a Fintech operating in Kenya recently signed an MOU and are officially strategic partners.
UK Aid invests £1.6 m in Energise Africa to improve energy access
14-09-2018 | 06:43:22
UK Aid is set to invest £1.6 million of capital into Energise Africa to improve access to energy across sub-Saharan Africa and improve the lives of over 11 million people, while boosting UK business opportunities.
Twenty new UK businesses to set shop in Kenya
03-09-2018 | 09:25:00
British Prime Minister Theresa May, has announced the entry of twenty new UK businesses in Kenya, a feat she termed as a clear demonstration of the confidence the British business community has in Kenya’s attractive investment environment.
UK announces over £300 million worth of deals with African nations
31-08-2018 | 06:10:00
UK Prime Minister Theresa May and International Trade Minister George Hollingbery led a 29-strong business delegation on their visit to South Africa, Nigeria and Kenya this week to promote economic ties with Africa.
[Kenya] KCB in suspect reduction of mortgage claim after intervention
30-08-2018 | 08:41:05
Kenya Commercial Bank (KCB) continued to play unusual games this week on the demands it has been making on their former client Ms Rose Shumi Miscowicz, months after she lost her Kiraraponi, Karen , Nairobi property to a new buyer she helped the bank to buy her house.
UK announces £20 million jobs creation programme for Ghana
29-08-2018 | 06:04:00
Minister for Africa at the Foreign and Commonwealth Office and the Department for International Development Harriett Baldwin has announced a major new jobs creation and investment programme during a visit to Ghana.