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30-10-2014 22:52:00 | by: Administrator | hits: 14209880 | Tags:

Lendable expands access to credit across Sub-Saharan Africa
14-12-2018 | 06:56:06
Lendable, Inc., a New York and Nairobi based technology-enabled funding provider to frontier market alternative lenders has announced expansion of credit model in Africa.
US-China rivalry in Africa set to sharpen in 2019, Control Risks says
11-12-2018 | 09:37:00
Early signs suggest that the US-China rivalry will find its way to the African continent in 2019.
United States, Republic of Congo sign open skies air transport agreement
06-12-2018 | 11:41:00
The US and Republic of Congo have signed a new open skies air transport agreement which seeks to strengthen the civil aviation partnership between the two countries.
[Malawi] MCC’s investment increases Nkula hydropower station output to 36 megawatts
05-11-2018 | 06:50:47
Millennium Challenge Corporation Vice President, General Counsel and Board Secretary Jeanne Hauch has marked the closeout of the MCC Malawi Compact at a ceremony to commemorate the official hand-over.
Ethiopian Airlines launches new flight routes linking US, Africa and Europe
01-11-2018 | 06:32:00
Ethiopian Airlines has changed the ultra-long haul route from Addis Ababa to Los Angeles to transit through Lome, Togo as of 17 December 2018 and will start a new route from Addis Ababa to Dublin via Madrid as of 15 December 2018.
Ghana works with FBI to take down online fraud targeting US companies
18-10-2018 | 10:07:00
Several US firms were recently targeted by online fraudsters who used elaborate scamming schemes to dupe them into incurring devastating financial losses.
Elanco Animal Health rolls out $3.1 million project in East Africa
18-10-2018 | 06:12:00
Elanco Animal Health Incorporated is progressing a groundbreaking project to provide sustainable development solutions to address food insecurity in East African countries – Tanzania, Kenya and Uganda.
Mall for Africa to sell cars from United States to buyers in Nigeria
16-10-2018 | 06:13:00
E-commerce platform Mall for Africa has announced that it will add cars from the United States to its list of items for sale.
[Kenya] Renewvia Energy connects 10,000 residents to solar power
04-10-2018 | 06:17:32
US based renewable energy company Renewvia Energy's first two microgrid facilities, outfitted with the company’s innovative new mobile payment platform are now successfully running on the Islands of Ndeda and Ringiti in Kenya’s Lake Victoria region.
[Egypt] USTDA awards BPI contract for power plant
28-09-2018 | 10:45:00
The U.S. Trade and Development Agency, USTDA, has awarded a grant to Benchmark Power International SAE (BPI), an Egyptian independent power developer, supporting the development of a combined cycle gas turbine power plant at Tawerat, Egypt.
[Mauritius] SAEx expands reach to USA through Sparkle
27-09-2018 | 12:00:36
SAEx International Ltd, a Mauritian company with its principal office in Mauritius, has announced plans to expand its reach to the US East Coast through Sparkle’s Pan-American network.
Sharp increase in US demand for top leaders in Africa, says firm
25-09-2018 | 10:36:00
Debbie Goodman-Bhyat, CEO of Jack Hammer, the largest independent executive search firm in Africa, says in the past year there has been a 75% increase in briefs from US-based businesses seeking assistance with leadership appointments in Africa.
VueTel in $1.2 million plan to connect USA and Africa via data, voice
14-09-2018 | 13:36:00
Global telecommunication firm VueTel has announced it that plans to continue its $1.2 million investment to expand its wholesale voice and data services to help U.S. companies better connect with African countries.
[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.
[Kenya] USTDA expands partnership creating U.S. business opportunities
30-08-2018 | 08:01:00
USTDA’s Director of Congressional and Public Affairs, Thomas R. Hardy, joined President Uhuru Kenyatta of the Republic of Kenya at a round table discussion with U.S. businesses.
Kenya, US sign investment deals worth $238 million
28-08-2018 | 10:29:28
President Uhuru Kenyatta has witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged the US government to facilitate the operations of US businesses Africa.
US, Ghana explore cyber security partnership
24-08-2018 | 06:04:00
Senior representatives from the United States and Ghana participated in a U.S.-Ghana Cyber Study visit to facilitate stronger bilateral cooperation on cyber issues.
Egypt and US sign bilateral agreements worth $45 million
01-08-2018 | 12:17:00
Egypt and the United States have signed five bilateral assistance agreement amendments worth $45 million that demonstrate continued support from the American people for joint U.S.-Egypt priorities in health, education, governance, and agriculture.
Quest Aircraft appoints NAC as authorized dealer in Africa
31-07-2018 | 08:15:00
Quest Aircraft has announced the appointment of National Airways Corporation (NAC) as an authorized dealer for the Kodiak in Southern and East Africa.
US increases investments, grows influence in Kenya
31-07-2018 | 08:00:00
Investments by the US in Kenya have in the past month increased rapidly, an indication of America’s renewed efforts to grow its financial and investment portfolio and influence in the East Africa nation amid intense rivalry from countries such as China.
Afreximbank, WTC Miami sign MoU to Expand US-Africa Relationship
13-07-2018 | 10:55:00
The African Export-Import Bank and the World Trade Center Miami Inc have signed a three-year memorandum of understanding that will enable the two institutions benefit from each other’s knowledge, experience and capabilities.
[Kenya Business Week] Cementing US trade with direct flights
06-07-2018 | 10:12:00
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
USTDA and AfDB expand procurement partnerships in Africa
03-07-2018 | 08:06:00
The African Development Bank has signed a memorandum of understanding with the U.S. Trade and Development Agency to partner under USTDA’s Global Procurement Initiative: Understanding Best Value.
Kenya seeks investment in aviation sector ahead of U.S. flights launch
02-07-2018 | 10:49:00
Kenya has called on investors to take advantage of the flights between Nairobi and New York, set to begin in October, to expand business.
Kenya, US ink deals worth $100 million
29-06-2018 | 11:18:00
Kenya Government officials led by President Uhuru Kenyatta have negotiated deals worth 1$00 million at the US-Kenya conference in Nairobi.
Mozambique and U.S launch African Growth and Opportunity Act utilization strategy to grow trade
16-05-2018 | 09:06:14
The Ministry of Industry and Commerce has launched Mozambique’s AGOA Utilization Strategy.
Ethiopian Airlines and Air Côte d'Ivoire enter codeshare agreement on routes between West Africa and USA
10-05-2018 | 06:41:56
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline and Air Côte d'Ivoire, the national flag carrier of Côte d'Ivoire, have entered into a codeshare agreement effective May, 2018.
American Tower Corporation acquires 723 communication towers from Telkom Kenya
08-05-2018 | 11:37:00
Integrated telecommunications service provider, Telkom Kenya and global tower company, American Tower Corporation have announced that they have reached a definitive agreement for ATC to acquire up to 723 towers from TKL in Kenya.
Angola set to export coffee to US after a 40-year hiatus
03-05-2018 | 12:11:00
Cazengo Coffee has announced the return of coffee from Angola to US, marking the first US import of Angolan coffee in over 40 years.
I/O Spaces partners with AfriLabs to provide African startups with US office space
03-05-2018 | 07:37:00
This partnership will enable I/O Spaces to become a première destination for African Companies looking to expand into the United States and by offering our membership services to the AfriLabs network, said Leslie Tita, Cofounder of I/O SPACES.
I/O Spaces partners with AfriLabs to provide African startups with US office space
02-05-2018 | 06:43:00
US based innovation workspace for the local and African Diaspora startups I/O Spaces and AfriLabs have announced a strategic partnership to provide AfriLabs Hub Startups access to I/O’s Creator Community, Events, Classes and Office Space.
Millenium Challenge Corporation $8.8 million to advance progress on development of Burkina Faso Compact
26-04-2018 | 10:30:00
The U.S. Government’s Millennium Challenge Corporation has announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.
Diamond Trust Bank partners with WorldRemit to launch instant money transfers to Kenya
13-04-2018 | 13:04:00
Global digital money transfer service WorldRemit has joined forces with Diamond Trust Bank Kenya Limited (DTB) to further expand money transfer in the region.
Diamond Trust Bank partners with WorldRemit to launch instant money transfers to Kenya
13-04-2018 | 13:04:00
Global digital money transfer service WorldRemit has joined forces with Diamond Trust Bank Kenya Limited (DTB) to further expand money transfer in the region.
[Interview] Bako Ambianda, Chairman, GAA Exhibitions & Conferences
05-04-2018 | 10:36:00
Bako Ambianda is the Founder, Chairman, & CEO of Labacorp Group, a diversified portfolio of businesses and strategic investments in key economic sectors spanning manufacturing, construction, power, agribusiness, real estate, and exhibition - amongst which is the GAA Exhibitions & Conferences.
[South Africa] Ashburton lists world government bond Exchange Traded Fund on the Johannesburg Stock Exchange
22-03-2018 | 10:34:00
The Ashburton World Government Bond Exchange Traded Fund (ETF) has listed on the Johannesburg Stock Exchange (JSE), becoming the exchange's first global bond ETF.
WIOCC picks APTelecom as channel partner for commercialization of Africa connectivity with focus on Asia and USA clients
16-03-2018 | 05:48:00
Africa's carriers' carrier WIOCC has engaged APTelecom, a facilities-based telecom consulting and service company specializing in emerging markets, as its International Sales partner for new client markets in Asia and the US.
Angola Cables targets US customers with upgraded network
23-02-2018 | 06:15:00
Angola Cables, an Angolan telecommunications multinational has announced that U.S.-based, FiberLight, LLC will provide backhaul connectivity in the U.S., starting with the Miami, Florida region.
Cabrera Capital Markets teams up with HC Brokerage to bring independent institutional Egyptian research to US investors
22-01-2018 | 06:55:18
Cabrera Capital Markets has announced a strategic alliance with HC Brokerage, headquartered in Cairo, Egypt. HC Brokerage is the brokerage arm of HC Securities & Investments.
Kenya Airways starts ticket sales for its non-stop daily flight to New York
11-01-2018 | 06:37:30
Kenya national carrier Kenya Airways has marked a great milestone with the launch of a non-stop flight from Nairobi to New York.
Egypt, US deepen trade ties with bilateral Trade and Investment Council
06-12-2017 | 11:07:00
The United States and Egypt have met under the bilateral Trade and Investment Council.
Vodafone research reveals South African optimism over possible business outcomes from the Internet of Things
11-10-2017 | 06:10:49
Vodafone has released the South African findings of its fifth annual IoT Barometer Report – the leading global survey of business sentiment regarding investment and innovation in the Internet of Things.
DHL and MallforAfrica team up to further cross-border e-commerce to the United States
06-10-2017 | 06:33:00
World’s international express services provider DHL Express has announced its partnership with MallforAfrica, the global e-commerce company, which will facilitate selling of made-in-Africa products to customers in the United States.
Egypt and the United States sign $100 million bilateral assistance agreements
27-09-2017 | 12:45:00
Egypt and the United States have signed new bilateral assistance agreements and amendments worth over $100 million that support the Government of Egypt's economic reforms, Sustainable Development Plan 2030, and private sector led growth and job creation.
[Kenya] Immune Therapeutics inks distribution deal with Omaera Pharmaceuticals
07-09-2017 | 06:22:12
Immune Therapeutics, Inc., a specialty pharmaceutical company has entered into an agreement with Kenya-based Omaera Pharmaceuticals for the sale and distribution of Lodonal™, valued at a minimum of $31 million in revenues over three years.
National Seed Trade Association of Ghana launched to promote use of high quality certified seeds
29-08-2017 | 10:27:00
The United States Agency for International Development (USAID), through the U.S. government’s Feed the Future Initiative, has launched the National Seed Trade Association of Ghana (NASTAG).
eBay partners with Mall for Africa to avail African handmade goods to US
23-08-2017 | 05:53:00
eBay Inc.,a global commerce leader, and Mall for Africa, Africa’s global e-commerce and m-commerce platform, have announced a strategic partnership that further boosts the sale of handmade African products into the United States.
Delta Air introduces new service to Nigeria via John F Kennedy hub
21-08-2017 | 06:49:00
Delta Air Lines is offering customers a new way to reach Lagos, Nigeria, beginning March 24, 2018, via new service from the airline's New York-JFK hub.
American gourmet burger concept Burgerim ventures into Egypt
17-08-2017 | 09:27:00
As one of the fastest growing international burger franchises, Burgerim is already in 16 countries and are now adding locations in Egypt and the UAE.
[Kenya] USTDA funds Saigrene Energy to boost power generation
14-08-2017 | 14:33:29
The U.S. Trade and Development Agency has signed a grant with Saigrene Energy Kenya Limited supporting the development of run-of-river hydroelectric plants at five sites in Kenya.
Excellent Guides Tanzania opens its doors to the U.S travel market
14-08-2017 | 06:42:48
Excellent Guides Tanzania, Ltd., the only East African safari tour company that is fully owned and operated by local Tanzanian guides, has opened its doors to the U.S. Travel Market.
[Nigeria] NNPC collaborates with US based Halliburton for oil search in Inland Basins
20-07-2017 | 08:43:00
A new vista has been added to the ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and Development Division of the Nigerian National Petroleum Corporation in collaboration with US based Halliburton.
Join the USA | Africa Business Portal LinkedIn Group!
07-07-2017 | 16:41:00
We understand the value of people- of good people. Of people committed to U.S-Africa business.
DFS Lab announces investment in Africa fintech startups
21-06-2017 | 06:30:00
Digital Financial Services Lab (DFS Lab) has announced that it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets.
Kenya Airways gets first set of licenses for direct US flights
14-06-2017 | 13:08:00
Kenya Airways has moved a step closer to operating direct flights to the United States after the Department of Transportation (DOT) granted it the first set of licences.
[Tanzania] Aotea Global Services announces start of US operations
17-05-2017 | 14:26:21
Aotea Global Services that has predominantly been in East Africa has announced it is expanding its operations into the US. The company provides clients with a unique value proposition: High quality, low-priced IT resources who work only for them and become an offshore extension of their in-house staff.
Nigeria, U.S. trade hits $1.36b in two months
21-04-2017 | 12:56:00
Nigeria’s trade with the United States (U.S.) rose by 70.44 per cent from $799.93 million in January and to $1.36 billion in February, according to the latest U.S. Census Bureau data.
[Webinar] Africa Outlook 2017 with new President Corporate Council on Africa and President Cohen and Woods International
27-02-2017 | 10:49:00
This discussion will focus on the most attractive opportunities for Africa trade and investment in 2017 and forces that may impact them.
Africa Business Portal announces addition of marketing offices across U.S
09-02-2017 | 06:09:00
Imagine… experienced advisors, collaborators, investors, training opportunities and essential trade resources all in one place. In addition to its Phoenix home office, Africa Business Portal, ABP, will now have a local marketing presence in Washington DC, Delaware, Chicago, Arkansas, Louisiana, Dallas, and Denver.