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30-10-2014 22:52:00 | by: Administrator | hits: 15286183 | Tags:

Mauritius most connected country in Sub Saharan Africa to international trade, DHL Global Connectedness Index
15-02-2019 | 11:30:00
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
15-02-2019 | 10:35:00
Corteva Agriscience™, Agriculture Division of DowDuPont, has launched its official North-West & West Central Africa regional headquarters in Casablanca, Morocco.
Western Union introduces new payment option for Amazon.com shoppers in Kenya
15-02-2019 | 09:12:49
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, Centurion Agricultural Partners invest in Uganda’s pork industry
15-02-2019 | 09:06:00
AgDevCo and Centurion Agricultural Partners have unveiled a multimillion-dollar investment in the Nakifuma Farming Company.
[Nigeria] UBA and Google partner to launch free WIFI hotspots in 11 branches
15-02-2019 | 07:05:12
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.
Vivo Energy picks IBM to enhance digital operations across its stations
15-02-2019 | 06:57:19
IBM has announced that Vivo Energy has selected IBM Services for its digital transformation journey based on SAP S/4HANA®.
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] NSE admits first hostee onto the Ibuka Programe
14-02-2019 | 08:22:11
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.
Project targets 235,000 Burundi households with nutrition security and income
14-02-2019 | 08:22:00
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 partner to accelerate business language skills in Africa
14-02-2019 | 08:20:00
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.
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.
Panalpina flies record 1.6 million roses from Kenya to Sydney in ‘love plane’
14-02-2019 | 05:56:45
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
14-02-2019 | 05:56:18
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.
Egypt international remittance market to hit $20.5 billion by 2023, Ken Research
14-02-2019 | 05:33:49
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
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.
Synergy Wound Technology and Trade Africa Healthcare partner to offer mobile cloud solution in South Africa
13-02-2019 | 08:27:00
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
13-02-2019 | 08:20:57
[South Africa] Clickatell announces new appointments to bolster growth
Legal battle for control of Djibouti Ports moves to Hong Kong
13-02-2019 | 06:43:37
One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement.
[Uganda] Raxio signs Hamilton Cloud Services as first customer
12-02-2019 | 13:04:00
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.
Tony Tugee appointed SEACOM MD for Eastern, North and East Africa
12-02-2019 | 12:57:19
Pan African submarine communications cable operator SEACOM has appointed Tony Tugee as Managing Director for the Eastern North and East Africa region.
Visa targets Africa fintechs with new fast-track programme
12-02-2019 | 12:53:27
Visa has announced the expansion of its fast-track programme to support fintechs in the Central and Eastern Europe, Middle East and Africa.
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.
Africa media and tech investment increases as Ethiopia telecom privatization leads new wave of deals for 2019
12-02-2019 | 12:14:24
Telecom, media and tech investment and consolidation activity in Africa is predicted to reach a record high for 2019.
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.
Roxgold to acquire the Séguéla Gold Project in Côte d'Ivoire
12-02-2019 | 08:01:13
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.
[Morocco] Boeing to optimize crew operations for Royal Air Maroc
12-02-2019 | 07:53:35
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.
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.
Mariott International set to launch hotels in Morocco, Ghana and Liberia
08-02-2019 | 10:50:43
International hospitality company Marriott International has announced three new deal signings across North and West Africa.
Express Union and WorldRemit launch international mobile money service to Cameroon
08-02-2019 | 07:09:29
WorldRemit, the leading digital money transfer service, has partnered with Express Finance SA Cameroon for international mobile money transfers to Cameroon.
Total announces new gas discovery in South Africa, launches petroleum province
08-02-2019 | 07:05:45
Oil and gas exploration company Total has made a significant gas condensate discovery on the Brulpadda prospects.
[Ghana] Mercer partners with Learning Organization to tap local talent
08-02-2019 | 07:03:17
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.
Surging tourist arrivals to drive South Africa car rental and leasing market, Ken Research
08-02-2019 | 06:59:00
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.
[Interview] Hayat Essakkati, Director, Maroc4Invest, Morocco
07-02-2019 | 14:19:00
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.
Kenya to host Facebook’s first Sub-Saharan Africa content review center
07-02-2019 | 08:16:00
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.
[Angola] Millennium Bank signs €30 million financing agreement with Germany’s Commerzbank
07-02-2019 | 07:20:00
Millennium Bank has signed a protocol to open a financing line with Commerzbank, Germany, for a total of 30 million euros.
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.
ENGIE starts operations at one of South Africa’s largest renewable energy projects
07-02-2019 | 07:01:13
Electricity utility company has started commercial operation at the 100 MW Kathu Solar Park in South Africa.
[South Africa] Accenture set to launch Applied Intelligence Studio for mining
06-02-2019 | 13:01:00
Global digital technology and operations company Accenture has announced plans to launch a new Applied Intelligence Studio for Mining in Johannesburg.
Wanjiku Mugane appointed senior advisor for African Infrastructure Investment Managers in Kenya
06-02-2019 | 10:43:55
African Infrastructure Investment Managers (AIIM) has announced the appointment of Wanjiku Mugane as a Senior Advisor in Kenya.
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.
Aurecon becomes first engineering consultancy firm to legally operate drones in South Africa
06-02-2019 | 08:31:00
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.
COMESA court goes digital
06-02-2019 | 06:18:00
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
06-02-2019 | 06:15:07
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.
Afreximbank announces $500 million programme to boost Tunisia-Africa trade
06-02-2019 | 06:11:00
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
06-02-2019 | 06:03:41
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 resumes flights between Johannesburg and Malawi
05-02-2019 | 11:32:53
South African Airways (SAA) has resumed operations between Johannesburg and Blantyre, Malawi.
ECOWAS, AfDB sign funding agreement for the $22.7 million Abidjan-Lagos highway corridor
05-02-2019 | 11:25:35
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 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.
[Column] Phyllis Wakiaga: Kenya’s tax policies must be built to nurture and expand businesses
05-02-2019 | 08:03:40
Taxation is a key element in cost of doing business and hence should be designed to optimize growth of industry and increase overall competitiveness.
[Nigeria] Facebook partners with Dubawa to fight fake news
05-02-2019 | 08:00:37
Facebook has partnered Dubawa, a Nigerian Online platform, to intensify the fight against fake information in the country.
Fund for Export Development in Africa set up to provide seed capital to SMEs
05-02-2019 | 07:57:05
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.
Xpress Money sets sight on doubling mobile wallet operations in Africa in first half of 2019
04-02-2019 | 12:29:00
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.
42Gears, Mobility MEA partner to expand business in Africa and Middle East
04-02-2019 | 12:27:10
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 and Amadeus extend partnership targeting expansion and enhanced customers’ experience
04-02-2019 | 09:17:22
RwandAir, the national carrier of the Republic of Rwanda, has extended its partnership with Amadeus, a world class passenger service solution.
Africa Center for Climate and Sustainable Development inaugurated in Rome
04-02-2019 | 09:14:41
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.
[Mozambique] Anadarko announces LNG sale and purchase agreement with CNOOC
04-02-2019 | 07:17:00
Anadarko Petroleum Corporation has announced Mozambique LNG1 Company Pte. Ltd has signed a Sale and Purchase Agreement (SPA) with CNOOC.
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.
Telecom Egypt announces changes in its board of directors
01-02-2019 | 13:08:40
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.
[Kenya] Panasonic and World Vision launch off grid solutions project in Narok County
01-02-2019 | 13:08:32
World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya.
[Togo] AM Best affirms credit ratings of CICA Re
01-02-2019 | 13:06:40
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.
World Bank Group and Germany launch collaboration on Africa development projects
01-02-2019 | 10:18:00
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.
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.
Enterprise partners with Premier Group to drive car hire growth in Egypt
01-02-2019 | 06:49:54
Enterprise Holdings has announced its expansion into Egypt through a partnership with Premier Group.
Moran Family of Brands opens first international location in Nigeria
01-02-2019 | 06:38:19
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 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.
[South Africa] Cape Union Mart launches Product Lifecycle Management software to support growth and integrate suppliers
31-01-2019 | 09:32:09
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
31-01-2019 | 06:28:10
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
Ethiopian Airlines unveils Grand Skylight Hotel in Addis Ababa
31-01-2019 | 06:12:03
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.
African Union and JICA seek enhanced collaboration
31-01-2019 | 06:10:15
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.
Coca-Cola completes acquisition of Chi Limited in Nigeria
31-01-2019 | 05:55:02
Global beverage company Coca-Cola Company has completed its acquisition of Chi Ltd. in Nigeria.
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.
TIBCO, Techsoft in distribution agreement with eye on Sub Saharan Africa
30-01-2019 | 09:06:00
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.
[Botswana] Giyani signs $1 million convertible loan facility and marketing agreement with Traxys
30-01-2019 | 07:01:17
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
30-01-2019 | 06:53:38
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.
Volkswagen signs agreement with Ethiopia government to develop automotive industry in the country
29-01-2019 | 12:33:05
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 raises $65 Million to scale solar energy transition in Africa and Middle East
29-01-2019 | 10:33:27
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 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.
Trade misinvoicing undermines the impact of international trade in developing nations, GFI report
29-01-2019 | 10:05:00
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.
[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.
Ethiopian Airlines to restructure its entire U.S. network, increases frequency to Washington D.C. and Chicago
29-01-2019 | 06:20:26
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.
[Angola] Eni announces production of a new well in the Vandumbu field
29-01-2019 | 06:13:59
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.
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.
Oserian named best grower of cut flowers at global awards
25-01-2019 | 09:45:00
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.
Liquid Telecom to support developers across Africa in 48-hour video game building challenge
25-01-2019 | 08:22:17
Pan-African telecoms group Liquid Telecom is supporting African gaming developers, programmers and designers at locally hosted Global Game Jam events across the region.
RwandAir appoints Airline Rep Services as its general sales agent in Australia and New Zealand
25-01-2019 | 06:16:20
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
25-01-2019 | 06:04:00
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.
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.
[Côte d'Ivoire] AFC invests €174 million in Singrobo-Ahouaty hydroelectric power project
24-01-2019 | 11:54:02
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
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.
Susan Mulikita appointed CEO of Liquid Telecom Zambia
23-01-2019 | 10:57:00
Pan-African telecoms group Liquid Telecom has appointed Susan M’kandawire Mulikita as CEO of Liquid Telecom Zambia.
[South Africa] Airlink embraces cloud software solution to boost operations
23-01-2019 | 10:48:22
South Africa based Airlink has been on a modernization strategy. It recently completed its implementation of the TRAX eMRO cloud software solution.
BizMerlinHR enters Ghana market
23-01-2019 | 09:51:17
Innovative human resources management company BizMerlinHR announced it has expanded into Ghana.
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.