BOXX, a next generation utility, and DC Go, a provider of affordable off-grid electrification, have announced their intention to partner to provide energy services in southern Africa.
International Finance Corporation and the Government of Canada are providing approximately $25 million in financing for the second Scaling Solar project under development in Zambia.
RS Components has launched the Africa e commerce site to meet the requirements of a growing continent with demand from various industries.
The CEO of Melvin Marsh International Limited and the chairlady of the Kenya Association of Manufacturers Flora Mutahi has been appointed to the board of the United Nations Global Compact.
CutterCroix LLC, a software company helping clients manage critical functions of their business, and National Glass Distribution, a distributor of glass and aluminum products in South Africa have begun activating clients on NG Customer Connect.
Botswana is a shining light and beacon of hope in the fight against corruption in Africa and has one of the best anti-corruption profiles on the continent.
By ramping up their lending to female entrepreneurs, banks in Tunisia could dramatically increase their profits while also driving economic growth across the country, says a new report from IFC, a member of the World Bank Group.
It has been said by several economic experts that the country’s path to greatness lies on the fields of Agriculture, and not on petroleum.
Pan-African entrepreneurial training program, seed fund, and incubator MEST, has closed its third successful MEST Africa Summit.
Globeleq, lead partner in the Temane Energy Consortium (TEC), and Electricidade de Moçambique E.P. (EDM) have reached a significant milestone in the development of Mozambique's electricity sector.
Nigeria has seen its 2018 first quarter agricultural export risen by 24 percent as the country explore opportunities to earn substantial dollars through the non-oil export.
At a time when the rest of Africa continues experiencing suppressed growth occasioned by drought, political upheavals and low private sector activity, East Africa has been in the headline this week.
itel, has announced the launch its first three smartphones which run on the Android™ Oreo™ operating system (Go edition) -- itel P32, A32F and A15, into the African market.
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.
At the forefront of innovation and technology in energy while collaborating with power producers across the region, GE Power has announced that it has reached its 100th power plant installation in Sub-Saharan Africa.
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
The African Trade Policy Centre (ATPC) has launched its knowledge platform coming after the historic signing of the African Continental Free Trade Agreement (AfCFTA).
WorldRemit, a digital money transfer service, has signed a deal with Pan-African broadcaster Kwesé TV to use the power of football to scale up its global operations and help more people save money on international transfers.
Several African countries have reported a rise in their GDP despite fears over increased debt according to ICAEW’s, the Institute of Chartered Accountants in England and Wales, latest report.
Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that are considered as drivers for growth.
The Lusaka City Council has launched a Social Inclusion and Gender Policy aimed at ensuring that Council promotes a conducive and enabling working environment and ensures that its services reach all intended beneficiaries.
Frankfurt-listed FinTech, MyBucks S.A. had secured a term loan facility arranged by Symbiotics S.A to finance SME lending in Uganda.
Amref Health Africa has been chosen to host the Strategic Purchasing Africa Resource Center, a new initiative aimed at strengthening strategic health purchasing in sub-Saharan Africa.
Bolloré Transport & Logistics, SETRAG and four forestry and timber companies in Gabon have partnered in a project that seeks to reduce intermediaries in the transportation of raw material at the port of Owendo.
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Africar Group, the leading and largest car marketplaces network in sub-saharan Africa is now covering a population of more than 800 million people, helping local individuals and professionals buy and sell their vehicles faster and safer than ever,
UNCTAD is running a workshop in Angola with government officials, business managers and industry representatives to identify economic sectors that could help soften Angola's dependence on oil exports.
Air Namibia is gearing up to launch the Windhoek-Lagos-Accra route, commencing on 29 June 2018.
President Uhuru Kenyatta and his Zambian counterpart Edgar Lungu have held bilateral talks focusing on ways to enhance economic and security cooperation between Kenya and the Southern Africa nation.
NuRAN Wireless Inc. has signed an agreement with Africa Mobile Networks, a wholesale mobile operator, to supply its rural 2G radio access network (RAN) solutions for a minimum of five countries.
Thor Explorations Ltd. has announced positive results from its first set of drill results from its ongoing 8,000 metre RC drill program on its Douta Gold Project in south-east Senegal.
Pan African Telecom company, SEACOM, has upgraded its key submarine network system from its Southern and Eastern African coastline landings into Europe at a total capacity of 1.5Tbps.
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
The U.S. Trade and Development Agency has awarded a grant to the City of Cape Town for a feasibility study to assess the viability of a natural gas distribution network in Cape Town and usage options for the gas.
The Kingdom of Eswatini (formerly Swaziland) and Ethiopia have approved the environmental release of insect resistant genetically modified cotton varieties for cultivation.
Sims Recycling Solutions, a leading global provider of electronics recycling and IT asset disposition (ITAD) services, recently became the first and only business in South Africato achieve the Responsible Recycling (R2:2013) certification
Experts from Africa’s rail sector have gathered in Johannesburg to discuss rail transport and how it can be developed to support the grand design for growth on the continent.
Conakry Terminal, a subsidiary of Bolloré Ports has received four new container gantry cranes at the Port Autonome de Conakry container Terminal.
A National Identity Card Production and Control Center, with a daily capacity of 19,600 documents, will be built in the country's capital by March 2019.
To begin with, we would like to acknowledge and commend the latest efforts by the Government in the fight against illicit trade and counterfeits.
More than sixty women and women’s groups involved in agricultural processing in the most impoverished areas of Tanzania will receive commercial and technology training to boost their productivity and profitability.
A 24-year-old Ugandan software engineer has won the Africa Prize for Engineering Innovation.
Techno Brain has partnered with Microsoft Corporation to launch a Digital Agriculture Platform in Africa to help farmers improve crop yields and increase income.
New cutting edge technology, developed by the Commonwealth, could help governments in Eastern and Southern Africa to manage their debt.
CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta Basin, west of the Beira High.
BBOXX, a next generation utility, has signed a pioneering deal with the Government of the Democratic Republic of Congo (DRC), which will bring reliable, renewable electricity to 2.5 million citizens in the DRC by 2020.
On 22 February, the Republic of Djibouti terminated the DCT (Doraleh Container Terminal) concession, in which DP World is a shareholder and operator.
The Chair of the Africa Enterprise Challenge Fund (AECF), Lord Paul Boateng, has announced the appointment of Mr. Daniel Ohonde, as the new CEO.
Kenya this week continues to strategically place itself to benefit from regional integration and reap from its warm relationship with development partners and international investors.
Emirates has announced it will reinstate two weekly flights between Luanda and Dubai, increasing capacity to five flights per week between the two cities, starting from 1 July 2018.
African Gold Group Inc. has started the Diamond Drill and RC Drill program at its Kobada project located southern Mali.
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, has announced a joint venture agreement with Rwanda’s national flag carrier, RwandAir.
The African Export-Import Bank (Afreximbank) approved financing amounting to $17 billion for Nigerian entities between its commencement of operations in 1994 and last December, Bank President Dr. Benedict Oramah has said.
Kenya ICT Cabinet Secretary Mr. Joe Mucheru has called for tough measures on enforcement of SIM card registration within the East African Community.
A consortium led by SNV Netherlands Development Organisation is set to roll out a five year Climate Smart Agriculture programme in Kenya, Tanzania and Uganda following a €39.5 million,grant from The Netherlands Ministry of Foreign Affairs.
Cabo Verde Telecom and EllaLink have announces the signature of a binding Memorandum of Understanding to deliver subsea fibre connectivity to Cabo Verde.
Freshworks Inc, a provider of cloud-based business software, has announced an aggressive growth strategy to propel the ambitious expansion of its evolving South African footprint.
Kwesé TV, a provider of premium and exclusive sports and general entertainment content has partnered with the furniture retail giant to distribute Kwesé's Direct-To-Home hardware.
The 2018 edition of Africa Code Week (ACW) has kicked-off in Madagascar with its first-part series of Train-the-Trainer (TTT) workshops.
The Chairperson of the African Union Commission, Moussa Faki Mahamat, has received from the Permanent Representative of the Republic of Niger to the AU the instrument of ratification of the Agreement on the African Continental Free Trade Area from Niger.
AfriLabs, a network of technology and innovation hubs across Africa has admitted 40 new hubs; its largest hub admission to date into its network.
In a significant milestone for mobile technology and healthcare access, the first baby “born on the blockchain” is due to be delivered in Tanzania.
Kenya has become the first country to deposit her Instrument of Ratification of the COMESA-EAC-SADC Tripartite Free Trade Area.
COMESA and International Organization for Migration (IOM) have signed a co-delegation Agreement on the implementation of the small scale cross border trade initiative in five border posts within the region.
Vodacom Group, its existing BEE partners and a newly formed staff scheme have announced a broad-based BEE transaction of up to R17.5 billion.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Through its office for Eastern Africa, the UN Economic Commission for Africa in collaboration with the government of the Union of Comoros and with the Stockholm Environment Institute- Africa Office, have conducted a five-day training on energy planning in Moroni.
The Central Bank of Nigeria (CBN), on Thursday, released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
The African Export-Import Bank has welcomed Equatorial Guinea as its 50th member state with the country’s signing of the Instrument of Accession to the Bank’s Establishment Agreement in Malabo on Wednesday.
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan.
VT iDirect, Inc. a company of Vision Technologies Systems, Inc.,has announced that Nigerian Communications Satellite a satellite operator and service provider based in Nigeria, has upgraded its iDirect. network to the latest Evolution 4.1 software
At a time when Kenya is enjoying a boom in the business of fitness buoyed by a growing middle class keen on their health, women are trailblazing in moving fitness beyond hobby to career.
Expedia MicroAnalytics has unveiled a plan to reach out to people with limited access to financial services in Africa with a unique product
Fairfax Africa has entered into an agreement with a syndicate of underwriters under which the underwriters have agreed to buy, on a bought deal basis, 12,300,000 subordinate voting shares.
Teranga Gold Corporation has provided updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Sprint has announced the opening of a Johannesburg, South Africa Point of Presence
The Commonwealth is helping to smooth Seychelles’ transition to being a more integrated ocean-based economy with a new strategic road map.
Amref Health Africa through its WASH program is initiating a new intervention that turns plastic wastes, one of the biggest environmental challenges, to a business opportunity for youth income generating groups
Intelsat S.A., operator of the world’s first Globalized Network and leader in integrated satellite solutions, announced that it has joined Smart Africa.
Asante Gold Corporation and Perseus Mining Ghana have agreed to modify the terms of their Betanase Option and Sale Agreement.
IFC, a member of the World Bank Group, and BIX Capital B.V, a Netherlands-based impact investment company, have joined forces to provide working capital financing to manufacturers and distributors of climate-smart household appliances.
Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (FirstBank) for instant money transfers to First Bank accounts in Nigeria.
Cornelia Richter, Vice-President of the International Fund for Agricultural Development has been in Kenya for a five-day visit where she has met with Deputy President William Ruto to discuss expanding successful rural development investments.
Global wind and solar developer Mainstream Renewable Power has completed financial close for the Kangnas and Perdekraal East Wind Farms in South Africa, which have a combined capacity of 250 megawatts
Illicit trade and counterfeit goods will be the biggest impediments to Kenya achieving its economic goals.
Kenya Ports Authority’s (KPA) equipment acquisition efforts for the Port of Mombasa has received a major boost following the arrival of four eco hoppers.
Initial steps towards the construction of a $300 million dry port at Kasumbalesa border post, on the DR Congo and Zambia has begun following the commissioning of the project.
The Government of Rwanda and the World Bank Group have signed a $100 million credit agreement to improve the capacity of selected national public agricultural institutions.
The International Air Transport Association and The African Airline Association have signed a memorandum of understanding to deepen their cooperation.
Econet Media's dynamic content business, Kwesé TV, has launched in Liberia.
African Trade Insurance (ATI) has announced 6th consecutive year of profit to $9.9 million in Net Profit for the year ending December 2017.
Ingenico Group, a provider of seamless payment, has been supporting the roll-out of a secure biometric solution in Zambia in partnership with Paycode.
Liquid Telecom has announced the availability of Microsoft Azure Stack - an extension of an ever-expanding set of cloud services to consistently develop and run hybrid cloud applications - to select African markets.
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
Exploration company has announced the start of a diamond drilling programme at the Songwe Hill Rare Earths Project in Malawi.
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years.
I&M Bank Rwanda Ltd has unveiled SPENN, a free mobile banking app covering both personal and business accounts.
Mrs. Jane Ngige is synonymous with tenacity, tact and celestial zeal. For the more than ten years she was the CEO of Kenya Flower Council, she is credited with having introduced transformative reforms.
President Uhuru Kenyatta has flagged off the first consignment of crude oil destined for export from Kenya, which will lead to oil becoming a major contributor to the nation’s economy.