Mauritius most connected country in Sub Saharan Africa to international trade, DHL Global Connectedness Index
Global logistics company DHL has released the fifth edition of the DHL Global Connectedness Index.
Corteva Agriscience Agriculture Division picks Casablanca as hub for North-West and West Central Africa
Corteva Agriscience™, Agriculture Division of DowDuPont, has launched its official North-West & West Central Africa regional headquarters in Casablanca, Morocco.
The Western Union Company has unveiled a new payment option that allows Amazon.com customers in Kenya to pay in local currency for their Amazon.com purchases.
AgDevCo and Centurion Agricultural Partners have unveiled a multimillion-dollar investment in the Nakifuma Farming Company.
The United Bank for Africa (UBA) has partnered with Google and ISP partner to unveil Google Station in 11 UBA branches in Lagos State as part of plans to roll out 200 stations in the country.
IBM has announced that Vivo Energy has selected IBM Services for its digital transformation journey based on SAP S/4HANA®.
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.
The Nairobi Securities Exchange (NSE) has admitted APT Commodities Limited as the first company to join the Ibuka Program; NSE’s incubation and acceleration program.
Nearly 235,000 vulnerable households will benefit from a $101 million project that aims to improve the living conditions and climate resilience of rural populations in five provinces of Burundi.
goFLUENT and LRMG have signed a partnership to accelerate the language skills of professionals who are non-native speakers of English, Chinese, French, and other key business languages.
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.
International freight forwarding and logistics company Panalpina has flown an entire Boeing 777 cargo aircraft packed full of freshly cut roses from Nairobi to Sydney, right in time for the romantic holiday.
Investisseurs & Partenaires reaches €75 million funding mark, targets 30 Sub-Saharan Africa companies by 2020
The impact investing group Investisseurs & Partenaires carried out the intermediate closing of its fund I&P Afrique Entrepreneurs 2 (IPAE 2), reaching a total amount of 75 million euros.
Remittance Market, International, Domestic and Bill Payments, in Egypt is still in its growth stage and a large portion of the remittance has to be formalized.
Dangote Foundation, GBCHealth and UNECA launch Africa Business Coalition for Health to tackle continent’s challenges
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.
Synergy Wound Technology and Trade Africa Healthcare partner to offer mobile cloud solution in South Africa
Technology-driven product development company Synergy Wound Technology has announced an agreement with Trade Africa Healthcare focused on affordable and innovative healthcare solutions for Africa.
[South Africa] Clickatell announces new appointments to bolster growth
One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement.
Hamilton Cloud Services (HCS), Uganda’s first local cloud service provider and a subsidiary of Hamilton Telecom, has finalized an agreement to colocate their servers in Raxio Data Centre.
Pan African submarine communications cable operator SEACOM has appointed Tony Tugee as Managing Director for the Eastern North and East Africa region.
Visa has announced the expansion of its fast-track programme to support fintechs in the Central and Eastern Europe, Middle East and Africa.
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.
Africa media and tech investment increases as Ethiopia telecom privatization leads new wave of deals for 2019
Telecom, media and tech investment and consolidation activity in Africa is predicted to reach a record high for 2019.
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.
Gold mining company Roxgold Inc. has entered into an agreement with Newcrest West Africa Holdings Pty Ltd to acquire a portfolio of 11 exploration permits in Côte d'Ivoire.
Boeing has announced an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the airline's planning and operations.
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.
International hospitality company Marriott International has announced three new deal signings across North and West Africa.
WorldRemit, the leading digital money transfer service, has partnered with Express Finance SA Cameroon for international mobile money transfers to Cameroon.
Oil and gas exploration company Total has made a significant gas condensate discovery on the Brulpadda prospects.
Mercer, a global consulting leader in advancing health, wealth and careers has entered into a strategic partnership agreement with Learning Organisation, a Ghana based Consulting firm.
Increase in tourism in the country due to the roll-out programme for eVisas in South Africa and the low valuation of Rand will drive South Africa car rental and leasing market.
Hayat Essakkati is a Dutch/Moroccan entrepreneur and Director of Maroc4Invest, a company that secures foreign investors a smooth and efficient entry into the Moroccan market.
Facebook has announced that it is opening up a content review centre in Nairobi Kenya as part of its continued investment across Sub-Saharan Africa and commitment to safety and security on its platform.
Millennium Bank has signed a protocol to open a financing line with Commerzbank, Germany, for a total of 30 million euros.
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
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.
Electricity utility company has started commercial operation at the 100 MW Kathu Solar Park in South Africa.
Global digital technology and operations company Accenture has announced plans to launch a new Applied Intelligence Studio for Mining in Johannesburg.
African Infrastructure Investment Managers (AIIM) has announced the appointment of Wanjiku Mugane as a Senior Advisor in Kenya.
Germany has invested at least $7.1 billion across different Egypt fields with some 1215 German companies operating in the country.
Global engineering and infrastructure advisory company, Aurecon has received a Remote Operating Certificate (ROC) from the South African Civil Aviation Authority to operate drones in South Africa.
The Court of Justice of the Common Market for Eastern and Southern Africa (COMESA) is implementing a paperless digital courtroom after signing up with CaseLines.
[South Africa] Eskom concludes $1 billion loan facility agreement with local and international banks
South Africa's power utility company Eskom has concluded a R15 billion loan facility, approximately $1.1 billion, with a consortium of local and international banks.
The African Export-Import Bank is to implement a Tunisia-Africa Trade and Investment Promotion Programme with an initial $500 million to promote trade between Tunisia and the rest of Africa.
[Togo] Ecobank and Terre des Hommes launch Safe Savings Project to empower street children escape poverty
Pan African bank Ecobank, is partnering with leading international children rights NGO Terre des Hommes to offer digital financial services to Togo children living in the streets.
South African Airways (SAA) has resumed operations between Johannesburg and Blantyre, Malawi.
ECOWAS) and AfDB have signed the $22.7 Million grant retrocession agreement for the 6-lane Abidjan-Lagos Corridor Development Project in Abuja, Nigeria.
Renault, the French multinational automobile manufacturer is to establish an assembly plant in Ghana.
Taxation is a key element in cost of doing business and hence should be designed to optimize growth of industry and increase overall competitiveness.
Facebook has partnered Dubawa, a Nigerian Online platform, to intensify the fight against fake information in the country.
The operationalization of the newly-created Fund for Export Development in Africa (FEDA) has moved into high gear with the holding of the pre-incorporation meeting of the Board of Directors in Cairo.
While Africa continues to be driven largely by cash transactions, it is a known fact that the mobile wallet segment is growing year on year within the region.
Unified Endpoint Management solution provider, 42Gears has entered into a partnership with Mobility MEA, the enterprise mobility service provider in the Middle East and Africa.
RwandAir, the national carrier of the Republic of Rwanda, has extended its partnership with Amadeus, a world class passenger service solution.
A major focus on boosting the agricultural sectors and promoting rural development in Africa is needed to ensure a better future for the continent's youth.
Anadarko Petroleum Corporation has announced Mozambique LNG1 Company Pte. Ltd has signed a Sale and Purchase Agreement (SPA) with CNOOC.
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
The government of Egypt, being Telecom Egypt’s major shareholder with an ownership of 80%, has announced changing some of its representatives in Telecom Egypt’s Board of Directors.
World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya.
Global rating firm AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of CICA Re Togo.
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have announced a deeper partnership for economic development in six countries in Africa.
Africa's largest urban developer, Rendeavour, in partnership with the Lagos State Government, has broken ground on a new satellite city development.
Enterprise Holdings has announced its expansion into Egypt through a partnership with Premier Group.
Moran Family of Brands, an international franchises of general automotive repair, transmission repair and driver safety products, has announced the addition of its first international location in Nigeria.
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.
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.
[South Africa] Cape Union Mart launches Product Lifecycle Management software to support growth and integrate suppliers
Cape Union Mart, the South African outdoor company, has selected Centric Software’s Product Lifecycle Management (PLM) solution.
Standard Chartered launches second wave of digital-only retail banks across Uganda, Tanzania, Ghana and Kenya
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
Grand Skylight Hotel, a renowned home-grown hospitality brand in China, has successfully launched her flagship hotel in Addis Ababa, the hub city of East Africa with world-acclaimed Ethiopian Airlines.
The African Union Commission Deputy Chairperson has held discussions with the Director General of JICA, on the implementation of projects undertaken with the African Union.
Global beverage company Coca-Cola Company has completed its acquisition of Chi Ltd. in Nigeria.
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.
TIBCO Software, a global leader in integration, API management, and analytics, has signed a historic and strategic partnership agreement with TechSoft International, formerly TIBCO South Africa.
Giyani Metals Corp has entered into a non-binding term sheet with Traxys Africa Trading (Pty) Ltd which sets out terms for an investment of $1 million in the form of a secured convertible loan facility.
Technology reduces time and costs associated with mergers and acquisition transactions in Africa, Middle East and Europe, report
Technology has cut the time required for the due diligence process for 64 per cent of Europe, Middle East and Africa, EMEA, -based M&A practitioners.
International car manufacturer Volkswagen has signed an MoU with the Government of Ethiopia to collaborate and deliver a joint vision for the development of an automotive industry in the country.
Yellow Door Energy, a UAE-based leading solar developer, has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa.
Clarivate Analytics has partnered with the Egyptian Knowledge Bank to launch Converis and implement a national research management system.
A new analysis by Global Financial Integrity (GFI) indicate that Illicit Financial Flows (IFFs) due to trade misinvoicing, is a significant and persistent drag on 148 developing countries’ economies.
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
Ethiopian Airlines to restructure its entire U.S. network, increases frequency to Washington D.C. and Chicago
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified 4-Star global airline, has announced that it will re-structure its U.S. network.
Oil and gas exploration company Eni has announced that it has successfully started production of a well in the Vandumbu field, located 350 km northwest of Luanda.
The governments of South and India have agreed to strengthen cooperation in the fields of agriculture, forestry and fisheries.
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.
Oserian Development Company Limited has started the year on a high note by winning a coveted prize at this year’s International Grower of the Year awards.
Pan-African telecoms group Liquid Telecom is supporting African gaming developers, programmers and designers at locally hosted Global Game Jam events across the region.
The Airline Rep Services a General Sales Agent (GSA) company division of CVFR Travel Group has been appointed to represent RwandAir for the region of Australia/New Zealand.
African Trade Insurance Agency, AFC support a €577 million debt financing facility for West Africa’s largest oil refinery
Côte d’Ivoire’s economy is one of the strongest in sub-Saharan Africa with an anticipated 2018 GDP growth of 7.6 per cent.
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.
In a more innocent age, Davos was a high-minded gathering for intellectuals trying to solve the world’s problems.
Africa Finance Corporation has announced financial close for the construction of the 44-MW Singrobo-Ahouaty hydroelectric power project and associated infrastructure.
TradeMark East Africa, Afrochampions Initiative sign deal to support fast tracking of Continental Free Trade Area
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 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
The African Delivery Units Network, a unique platform for government delivery units across the continent, has been launched in the Senegalese capital Dakar.
Pan-African telecoms group Liquid Telecom has appointed Susan M’kandawire Mulikita as CEO of Liquid Telecom Zambia.
South Africa based Airlink has been on a modernization strategy. It recently completed its implementation of the TRAX eMRO cloud software solution.
Innovative human resources management company BizMerlinHR announced it has expanded into Ghana.
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.
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.