30-10-2014 22:52:00 | by: Administrator | hits: 15387760 | Tags:

Surfline partners with Ghana Library Authority to provide Wifi to public libraries
22-02-2019 | 07:18:00
Surfline Communications Limited has partnered Ghana Library Authority (GhLA) to provide Wifi connectivity to patrons of public libraries in the Greater Accra Region.
[South Africa] AngloGold Ashanti grows margins and cash flow, charts path forward
21-02-2019 | 08:03:00
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.
Treasury revises South Africa’s 2019 economic growth to 1.5 per cent
21-02-2019 | 06:57:00
National Treasury has revised down the South African economy’s growth to 1.5% in 2019.
Libya government partners with World Bank to accelerate economic recovery
20-02-2019 | 06:49:00
The World Bank Group has announced a new strategy of support for Libya focused on restoring key services to citizens and promoting economic recovery as a critical contribution to the ongoing peace process.
[Côte d'Ivoire] IFC develops guide to increase market access for processed cashew nuts
19-02-2019 | 07:39:16
IFC, in partnership with the Government of Côte d'Ivoire and Canada, and the Cotton and Cashew Council announced the publication of a guide to improve market access for SMEs in the cashew processing sector in Côte d'Ivoire.
Investment projects, rising exports and consumption to drive Rwanda’s economic growth, Standard and Poor’s
19-02-2019 | 07:13:30
Standard and Poor’s has affirmed Rwanda at B/B; outlook positive.
Angola Telecom privatization set for this year
15-02-2019 | 06:53:32
The process of privatization of Angola Telecom will start this year, and evaluating the assets and assets of the company is underway.
Angola and Zambia sign agreement to strengthen control of the common border
14-02-2019 | 11:15:00
The Angolan and Zambian customs authorities have signed in Luanda an agreement for the implementation of the Joint Action Plan to adopt strategies aimed at greater control of the common border.
Kenya to establish the science and innovation centered university at Konza Technopolis
14-02-2019 | 06:34:19
The Government of Kenya, through the Ministry of Education is in partnership with the Republic of South Korea have announced plans to establish a graduate only university at Konza Technopolis.
Dangote Foundation, GBCHealth and UNECA launch Africa Business Coalition for Health to tackle continent’s challenges
13-02-2019 | 09:05:38
An ambitious platform designed to bring together business leaders in Africa to collaborate with heads of government and other stakeholders to tackle basic health challenges in Africa has been launched.
Liberia launches country profile, bets on agribusiness to spur economic growth
13-02-2019 | 06:39:00
The Ministry of Finance and Development Planning of Liberia has unveiled the Liberia's Country Profile.
Citi launches global depositary note capabilities on Ghanaian debt securities
12-02-2019 | 12:18:00
Citi’s Global Issuer Services business, acting through Citibank, N.A. in its capacity as a depositary bank, has expanded its Global Depositary Note (GDN) product capabilities to Ghanaian government debt securities.
Egypt receives €18m grant from EU to finance six projects
12-02-2019 | 08:07:30
Egypt has received grants worth €18 million for six development projects as part of the first phase of the European Union (EU) Cross Border Cooperation (CBC) program.
Egypt government enters into a $500 million supermarkets deal with Lulu Group International
08-02-2019 | 13:28:40
The Egyptian government, represented in the Ministry of Supply and Internal Trade has signed an agreement with LuLu Group International, which is specialized in retail trade.
South Africa announces incubation programme for small businesses
08-02-2019 | 10:44:14
President Cyril Ramaphosa says government will this year focus on significantly expanding the small business incubation programme.
OECD upgrades Egypt’s rank in Country Risk Classification
07-02-2019 | 07:16:50
The Organization for Economic Co-operation and Development (OECD) upgraded Egypt’s ranking in the Country Risk Classification to five.
Embraer and Sierra Nevada Corporation contracted to deliver light attack aircraft to Nigerian Air Force
07-02-2019 | 07:07:17
Embraer Defense & Security and its partner Sierra Nevada Corporation (SNC) were awarded a contract to deliver 12 A-29 Super Tucano light attack aircraft to the Nigerian Air Force.
Kenya manufacturers identify priority actions to realize Big 4 Agenda
06-02-2019 | 13:01:38
Kenya Association of Manufacturers (KAM) has launched the Manufacturing Priority Agenda (MPA) 2019 under the theme, Closing the manufacturing gap through the Big 4 Agenda for shared prosperity.
Germany’s investments in Egypt tops $7billion
06-02-2019 | 10:40:12
Germany has invested at least $7.1 billion across different Egypt fields with some 1215 German companies operating in the country.
CW to deploy world-class connectivity infrastructure in Ethiopia
05-02-2019 | 10:23:00
Cambridge Wireless (CW), is collaborating with Regional State Government, Bahir Dar University and local delivery partners to deploy world-class connectivity infrastructure in a rapidly growing city in Ethiopia.
Renault mulls establishing assembly plant in Ghana
05-02-2019 | 08:08:00
Renault, the French multinational automobile manufacturer is to establish an assembly plant in Ghana.
East African Community lauded for boosting regional economies
04-02-2019 | 07:04:00
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
Rendeavour, Lagos State Government launch new city in Nigeria
01-02-2019 | 06:57:00
Africa's largest urban developer, Rendeavour, in partnership with the Lagos State Government, has broken ground on a new satellite city development.
Government authorities in East and West Libya set to partner to develop one of North Africa's largest deep sea ports
01-02-2019 | 06:44:00
Libya's government authorities in the East and West have agreed to jointly support what will become one of North Africa's most highly-automated and largest deep-sea ports.
South Africa set to showcase its fruit and vegetable export capabilities in Germany
31-01-2019 | 09:49:00
South Africa’s fruit and vegetable export capabilities will be on full display to the world when the dti will showcase 25 of the finest local fruit and vegetable exporting companies in Germany, this February.
[Column] Sachen Gudka: What Kenya needs to kick-start her economy
31-01-2019 | 09:36:47
In 1965, a tiny country in Asia was expelled by its ‘Mother Country’. At its point of departure from the Federation of Malaysia, Singapore, a 580-square Kilometer Island, had no natural resources.
African Energy Chamber to provide technical assistance to South Sudan petroleum sector
31-01-2019 | 05:25:00
The African Energy Chamber has entered into an agreement with the Ministry of Petroleum of South Sudan to strengthen the country’s capacity to manage its hydrocarbons sector.
Italy to contribute €5.8 million to three new UNIDO projects in Africa and the MENA region
29-01-2019 | 12:46:00
The Director General of the Italian Ministry of Foreign Affairs and International Cooperation signed three new funding agreements of €5.8 million for projects in Mozambique, Tunisia and MENA regions.
Clarivate Analytics partners with the Egyptian Knowledge Bank to launch Converis
29-01-2019 | 10:30:11
Clarivate Analytics has partnered with the Egyptian Knowledge Bank to launch Converis and implement a national research management system.
[Kenya] Monetary Policy Committee retains Central Bank Rate at 9%, survey
29-01-2019 | 08:18:00
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
[Kenya] World Bank Group unveils creditworthiness Academy for counties
29-01-2019 | 06:16:00
The World Bank Group, in collaboration with the Commission for Revenue Allocation has launched County Creditworthiness Academy.
South Africa, India to strengthen cooperation in agriculture
29-01-2019 | 06:10:12
The governments of South and India have agreed to strengthen cooperation in the fields of agriculture, forestry and fisheries.
[Kenya Business Week] No to robots in banks
25-01-2019 | 11:38:02
Even as Kenya continues to record impressive penetration of technology, a section of citizens still prefer the brick and mortar services and are still apprehensive about embracing new innovations among them machine intelligence.
South African government set to unveil clothing, textile master plan
24-01-2019 | 13:12:46
The government of South Africa is set to announce a master plan aimed at growing the clothing, textile, footwear and leather retail value chain.
Angola, Zambia work to eliminate double taxation
24-01-2019 | 13:10:08
Angolan and Zambian officials are working to sign an agreement this year to end double taxation that allows for stability in business between the two countries.
[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.
Digital Afrique Telecom launches multi-channel tax payment platform
24-01-2019 | 11:48:00
Pan-African mobile technology company Digital Afrique Telecom (DAT) has launched Tax Collect, an interoperable platform for collecting municipal taxes.
TradeMark East Africa, Afrochampions Initiative sign deal to support fast tracking of Continental Free Trade Area
24-01-2019 | 07:21:41
TradeMark East Africa and the AfroChampions Initiative have partnered support to governments and the private sector in realizing the Africa Continental Free Trade Area.
UNOPS, Kenyan government partner to deliver 100,000 green homes nationwide
24-01-2019 | 07:17:22
UNOPS has signed an agreement with Kenya government to deliver 100,000 affordable, sustainable homes nationwide.
African Delivery Units Network launched to help governments accelerate delivery of priority projects
24-01-2019 | 07:03:31
The African Delivery Units Network, a unique platform for government delivery units across the continent, has been launched in the Senegalese capital Dakar.
Securities regulators in Africa and Middle East to collaborate and increase listings in the region and mitigate shared risks
24-01-2019 | 06:24:47
Securities regulators in Africa and Middle East have approved a joint project with FSDA to develop strategies to increase listings and the uptake of capital markets products in the region.
Global Voice Group hands TTM system to Tanzania Communications Regulatory Authority
23-01-2019 | 10:07:30
With over 40million mobile network subscriptions reported in Tanzania, the telecom sector forms the backbone of a dynamic and inclusive digital economy.
AGCO and Germany cooperate in deepening farm mechanization across Sub-Saharan Africa
23-01-2019 | 06:22:10
AGCO has signed a Letter of Intent with the German Federal Ministry of Economic Cooperation and Development to implement a joint agricultural project in Africa.
South African Air Force receives radar processing technology from Cambridge Pixel
23-01-2019 | 06:17:53
Cambridge Pixel is supplying its secondary radar processing and plot extraction technology to Tellumat, as part of an upgrade of the South African Air Force's Secondary Surveillance Radars.
Global Credit Ratings clarifies its not exiting Kenya
22-01-2019 | 10:32:00
South Africa's Global Credit Ratings (GCR) has clarified that it is still operating in Kenya and is not contemplating a withdrawal.
Nigeria federal government to source forex from Dangote Group
22-01-2019 | 09:34:55
The Federal Government in Nigeria will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.
Angola set to join the electronic window of foreign trade
22-01-2019 | 07:02:38
Angola will join the platform of the Single Window of External Trade from 2021, with a view to facilitating the movement of goods at the borders.
[South Africa] President signs tax bills into law
21-01-2019 | 09:54:41
President Cyril Ramaphosa has signed into law three 2018 tax bills that give legislative effect to the tax proposals announced by the Minister of Finance in last year’s annual National Budget Speech.
[SA Business Week] Propelling economic growth with aviation, telecommunication sectors
18-01-2019 | 15:26:00
The South Africa aviation and telecommunication sectors continue to drive the country’s economic growth while assisting the country reap from existing and emerging markets locally and internationally.
AfDB, Rwanda sign €115 million financing agreement for water projects
18-01-2019 | 13:16:14
The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme.
[Kenya Business Week] Competition, customer service drive expansion binge
18-01-2019 | 08:33:03
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
Africa needs 12 million new jobs yearly to stop rising unemployment, report
18-01-2019 | 06:31:00
Africa's general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020.
[Nigeria] NNPC to crash the price of cooking gas
17-01-2019 | 16:08:08
The Nigerian National Petroleum Corporation (NNPC) is set to implement effective commercial framework that would halt the export of major components used in the production of cooking gas.
VFS Global awarded contract to open new passport application centers in Ghana
17-01-2019 | 11:49:03
VFS Global has commenced operations with its first Passport Application Centre in the capital city of Accra on behalf of the Ministry of Foreign Affairs.
[Kenya] KRA set to raise revenue through a three-year blue print
17-01-2019 | 10:02:00
The Kenya Revenue Authority (KRA) is set to raise revenue to GDP ratio from current 18.3 per cent in 2017/18 to 19.2 per cent in 2020/21.
Angola passes resolution to eliminate double taxation with Portugal, UAE and China
17-01-2019 | 09:02:51
Angola’s National Assembly has approved draft resolutions on agreements for the elimination of double taxation with Portugal, China and the United Arab Emirates.
Somalia launches national micronutrient survey
17-01-2019 | 06:32:16
The Ministry of Health and Human services of the Federal Government of Somalia has launched the Somali National Micronutrient Survey together with UNICEF.
Governments should do more to unlock the potential of technology to facilitate tax compliance, PwC and World Bank report
16-01-2019 | 10:55:07
Tax authorities could do more to realise the full potential of new technology to reduce the tax compliance burden on taxpayers, according to the 2019 edition of the annual Paying Taxes report, produced by PwC and the World Bank Group.
Equatorial Guinea entices investors with one-stop shop service
16-01-2019 | 08:46:45
Equatorial Guinea’s one-stop shop has become a reality this week, allowing investors and corporations alike to set up a business in only seven days.
Seychelles launches five year HR policy and strategy
16-01-2019 | 06:33:45
The Government of Seychelles has launched a 5-year Policy and Strategy on Human Resources Development (HRD) to support its Sustainable Development Strategy.
Alibaba trains Rwandan Government officials on enabling a digital economy
16-01-2019 | 05:25:00
Alibaba has this week trained delegates from the government of Rwanda on enabling a digital economy in a four-day workshop dubbed the New Economy Workshop.
Egypt and Jordan sign supplemental deals on natural gas
15-01-2019 | 14:14:57
Egypt Petroleum Minister Tareq el Mulla has held a meeting with Jordanian Minister of energy and mineral wealth Hala Zawati to discuss the latest developments of joint energy projects.
South Africa, Mozambique cement bilateral relations
15-01-2019 | 14:12:52
South Africa and Mozambique have committed to maximising areas of cooperation that are beneficial for the neighbouring countries’ bilateral relations.
Bank of Mozambique deepens Portugal and China banks relations
15-01-2019 | 11:50:13
The Governor of the Bank of Mozambique received a delegation from the Monetary Authority of Macau, Banco Nacional Ultramarino and Bank of China, with the aim to deepen relations between the banks.
Fraudsters sell South African Social Security Agency cards in latest scam
15-01-2019 | 09:36:00
The South African Social Security Agency (SASSA) has warned the public to be aware of fraudsters selling SASSA cards on social media.
Angola government in talks with Volkswagen and Ford to open production lines
14-01-2019 | 07:34:00
Angolan authorities are negotiating with Volkswagen and Ford managers, two of the 12 leading automobile brands in the world, to open production lines in Angola.
Somalia seeks to invest in COMESA region
14-01-2019 | 07:30:09
Charge d’Affaires at the Embassy of Somalia in Lusaka, Mr Ahmed Abdirahman Sheikh Nur has revealed that the his country is looking for areas to invest in within the COMESA region.
China reiterates financial and infrastructural support to Angola
14-01-2019 | 07:23:10
The Chinese government will continue to provide aid to Angola, mainly in the financial and infrastructure sectors, as well as encouraging local companies to invest in Angola.
[Kenya] Government urges local assemblers to produce affordable vehicles for Kenyans
11-01-2019 | 11:33:00
President Uhuru Kenyatta has urged local motor vehicle assemblers to innovate ways of producing quality vehicles that are affordable for Kenyans.
[Kenya Business Week] US key investment target in Africa
10-01-2019 | 13:10:52
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
Angola and Vietnam deepen cooperation on agriculture
10-01-2019 | 09:48:40
Angola and Vietnam will increase cooperation in agriculture and technology, as part of the ongoing economic diversification process in the country.
[Libya] Additional production capacity added at Faregh oil field
10-01-2019 | 07:59:00
Waha Oil Company (WOC), a National Oil Corporation subsidiary, has completed preparations on another horizontal well in the Faregh oil field ahead of the planned start of second-phase experimental gas production.
[South Africa] Special Economic Zone to significantly contribute to the economic and industrial development
10-01-2019 | 07:44:12
The Minister for Trade and Industry South Africa, said the recently designation of the Nkomazi Special Economic Zone (SEZ) will contribute significantly to the economic and industrial development.
Protiviti unveils a new firm in Egypt
10-01-2019 | 07:04:00
To further address the needs of its clients, global consulting firm Protiviti has unveiled a new member firm in Cairo, Egypt.
[Tunisia] AfDB, European Bank for Reconstruction and Development invest €150 million to improve sanitation in small municipalities
09-01-2019 | 13:23:00
The African Development Bank and EBRD have signed a loan agreement to finance the sanitation programme for small Tunisian municipalities with fewer than 10,000 inhabitants.
[Kenya] Police officers to undergo compulsory ICT training
09-01-2019 | 05:29:00
The Kenyan government wants all police officers to undergo a compulsory six-month training on Information and Communication Technology (ICT).
Nigerian tomato growers charge Federal Government on processing plant
08-01-2019 | 14:21:00
The Tomato Growers Association of Nigeria (TOGAN) has urged the Federal Government to establish cottage processing plants in tomato producing areas.
Malawi among top 10 African exporters of apparel to the United States, Report
08-01-2019 | 13:11:00
Malawi has been named a distant 10th of the top 15 African Exporters of Apparel to the United States under the African Growth & Opportunity Act (AGOA) Trade preference programme.
[Malawi] Interest rate capping will not offer sustainable solutions, MCCCI
08-01-2019 | 12:23:00
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says there are policy alternatives that can protect borrowers from excessive interest rates instead of introducing interest rate caps.
Ophir Energy loses Equatorial Guinea's Fortuna due to licence expiry
08-01-2019 | 08:53:00
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
[South Africa] The Global Business Services incentive will create employment opportunities for the youth, Trade Minister
08-01-2019 | 07:36:00
The Minister for Trade and Industry, Dr Rob Davies said the Global Business Services (GBS) incentive which became effective from 01 January 2019 will create employment opportunities for youth in South Africa.
[Nigeria] IFC, Lagos State government partner to improve municipal infrastructure and increase revenue
08-01-2019 | 06:57:00
IFC, a member of the World Bank Group, and Lagos State government have announced an agreement under which IFC provide advisory services to enhance infrastructure development.
South Africa ranked 77th in global economic freedom index
08-01-2019 | 06:42:00
South Africa has been ranked 77th out of 100 world countries in economic freedom by the Heritage Foundation.
US announces new Africa policy, names Kenya key investment target
07-01-2019 | 11:12:00
The United States has outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
[Kenya] UN Habitat, Vihiga County partner to support skills development for women and youth
07-01-2019 | 07:12:03
UN-Habitat and the County Government of Vihiga in Kenya have signed a Memorandum of Understanding to support capacity and skills development for women and youth.
[Angola] Banco Prestígio set to start issuing investment credit
04-01-2019 | 10:20:00
Boutique investment banking firm Banco Prestígio has announced that it will start granting investment credit this year.
[Egypt] Cabinet approves Russian technical support for Dabaa nuclear project
04-01-2019 | 10:19:53
Egypt is set to sign the fifth contract of extending financial and technical support offered by the Russian side to carry out Al Dabaa nuclear project.
Angola legalizes 55 institutions of higher learning
04-01-2019 | 06:25:54
Angola has 55 higher education institutions legalized for this academic year, according to the Secretary of State for Higher Education, Eugénio da Silva.
Sub Saharan Africa governments partner with UNDP to install solar systems in rural health centers
03-01-2019 | 12:02:00
Governments in Sub-Saharan Africa have partnered with UNDP to launch the Solar for Health initiative to install solar systems in rural health centres and clinics.
South African Reserve Bank (SARB) Deputy Governor Francois Groepe resigns
03-01-2019 | 09:02:00
The South African Reserve Bank (SARB) has announced the resignation of Deputy Governor Francois Groepe effective 31 January 2019.
Angola set to have industrial pole for cutting of diamonds
02-01-2019 | 11:45:00
A pole for diamond-cutting factories, a professional technical school and other diamond-related industries in Angola are set to be inaugurated this year.
Angola launches digital platform to facilitate business environment in the country
02-01-2019 | 06:12:00
A digital platform called "Multiplica" has been launched to promote and manage the information base on organizations, services and goods in Angola.
[Column] Sachen Gudka: Tracking Kenya Big Four Agenda’s performance
02-01-2019 | 06:10:00
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
Ghana announces plans to process half of its cocoa locally
31-12-2018 | 16:35:04
Ghana has announced plans to start locally processing 50 per cent of all the cocoa it produces as it seeks to tap into the revenues of the lucrative crop while creating more jobs for the locals.
Mozambique receives $40 million from World Bank to increase financial inclusion and stability
31-12-2018 | 08:18:00
The World Bank Board of Executive Directors has approved a $40 million grant to support financial inclusion and stability in Mozambique.
[South Africa] Treasury holds colloquium in efforts to boost economy
24-12-2018 | 06:01:24
Finance Minister Tito Mboweni has today convened a colloquium looking at interventions to grow the South African economy.
[Column] Phyllis Wakiaga: How the EAC bloc can leverage its market
21-12-2018 | 13:04:00
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
Petroleum industry reforms set Angola on path to growth in 2019
21-12-2018 | 13:00:00
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
IMF’s $3.7 billion loan to Angola the largest in Sub Saharan Africa
21-12-2018 | 11:31:22
The International Monetary Fund (IMF) loan of $ 3.7 billion to Angola is the largest loan made available to a sub-Saharan African country.
IFC signs accords with NBE to support Ethiopia's private sector
21-12-2018 | 08:37:00
IFC CEO has signed accords with the National Bank of Ethiopia (NBE) to expand trade and local currency financing as part of broad effort to support private sector in Ethiopia.