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30-10-2014 22:52:00 | by: Administrator | hits: 10214376 | Tags:

BBOXX and DC Go partner to provide energy services in Southern Africa
22-06-2018 | 13:17:55
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.
IFC and Canada invest in Zambia solar project
22-06-2018 | 13:12:00
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 launches e-commerce platform for Sub-Saharan Africa
22-06-2018 | 11:07:00
RS Components has launched the Africa e commerce site to meet the requirements of a growing continent with demand from various industries.
[Kenya] Flora Mutahi appointed to the UN Global Compact board
22-06-2018 | 09:32:29
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 expands into South Africa with National Glass Distribution
22-06-2018 | 09:27:08
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 a beacon of hope in Africa war on corruption, ECA
22-06-2018 | 07:13:07
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.
Tunisia banks’ credit to women can drive economic growth, IFC report
22-06-2018 | 06:47:00
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.
[Nigeria Business Week] Optimism grows with investments
21-06-2018 | 13:12:54
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.
MEST announces Kenya as fourth African incubator
21-06-2018 | 13:07:56
Pan-African entrepreneurial training program, seed fund, and incubator MEST, has closed its third successful MEST Africa Summit.
[Mozambique] Globeleq and EDM ink deal to develop power project
21-06-2018 | 11:19:22
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’s agriculture export rises 24% in 3 months
21-06-2018 | 11:16:00
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.
[Kenya Business Week] Blazing the trail in economic growth
21-06-2018 | 09:44:00
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 debuts three smartphones on Android Oreo system in Africa
21-06-2018 | 06:19:28
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.
Resilient East African economies to enjoy sustained growth, report
21-06-2018 | 06:04:27
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.
GE hits 100th power plant milestone in Sub-Saharan Africa
20-06-2018 | 13:34:00
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.
Launch of Coris Bank deepens Islamic banking in Africa
20-06-2018 | 13:26:47
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.
Online platform launched to support Africa Free Trade Agreement
20-06-2018 | 10:34:00
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 announces football partnership With Kwesé TV
20-06-2018 | 08:20:00
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.
East Africa to outpace continental peers in economic growth, report
20-06-2018 | 06:33:47
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.
AfDB joins Global Infrastructure Facility as technical partner
20-06-2018 | 06:27:23
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.
[Zambia] Lusaka City Council launches social inclusion policy
20-06-2018 | 06:16:33
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.
MyBucks secures funding for SME finance in Uganda
19-06-2018 | 11:44:48
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 to host Strategic Purchasing Resource Center
19-06-2018 | 09:24:00
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.
[Gabon] Bolloré, SETRAG and timber firms set up logistics hub
19-06-2018 | 09:21:00
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.
[Kenya] World Bank approves $50 million to boost SMEs
19-06-2018 | 06:27:21
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Africar Group now available in 40 countries
19-06-2018 | 06:18:07
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,
Angola project begins work on greening country's trade
18-06-2018 | 13:00:00
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 set to launch Windhoek-Lagos-Accra route
18-06-2018 | 11:22:14
Air Namibia is gearing up to launch the Windhoek-Lagos-Accra route, commencing on 29 June 2018.
Kenya, Zambia hold bilateral talks
18-06-2018 | 11:17:00
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 and Africa Mobile Network in deal to expand network access
18-06-2018 | 08:44:00
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.
[Senegal] Thor Explorations finds new deposits at its Douta project
18-06-2018 | 08:34:04
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.
SEACOM upgrades its subsea cable system to 1.5Tbps
18-06-2018 | 06:28:00
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.
[Madagascar] World Bank approves $40 million for electricity sector
18-06-2018 | 06:17:52
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
[South Africa] USTDA advances natural gas distribution
18-06-2018 | 06:13:40
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.
Two COMESA states approve BT cotton for cultivation
15-06-2018 | 12:30:00
The Kingdom of Eswatini (formerly Swaziland) and Ethiopia have approved the environmental release of insect resistant genetically modified cotton varieties for cultivation.
[South Africa] Sims Recycling gets responsible recycling certification
15-06-2018 | 10:15:00
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
Africa’s railway renaissance needs public private partnerships, ECA
15-06-2018 | 08:00:00
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.
[Guinea] Conakry Terminal receives four new container gantry cranes
15-06-2018 | 06:12:00
Conakry Terminal, a subsidiary of Bolloré Ports has received four new container gantry cranes at the Port Autonome de Conakry container Terminal.
Angola to set up identity card production and control centre
15-06-2018 | 06:08:00
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.
[Column] Flora Mutahi: Fight against counterfeits must be sustained
15-06-2018 | 06:04:00
To begin with, we would like to acknowledge and commend the latest efforts by the Government in the fight against illicit trade and counterfeits.
[Tanzania] Fund and training to boost women agroprocessing initiatives
14-06-2018 | 13:05:00
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.
Ugandan innovation wins Africa Prize for Engineering Innovation
14-06-2018 | 11:22:24
A 24-year-old Ugandan software engineer has won the Africa Prize for Engineering Innovation.
Techno and Microsoft launch agriculture platform for African farmers
14-06-2018 | 08:50:35
Techno Brain has partnered with Microsoft Corporation to launch a Digital Agriculture Platform in Africa to help farmers improve crop yields and increase income.
Commonwealth introduces African countries to new debt management tech
14-06-2018 | 06:19:11
New cutting edge technology, developed by the Commonwealth, could help governments in Eastern and Southern Africa to manage their debt.
CGG completes Mozambique multi client survey in Zambezi Delta
14-06-2018 | 06:10:20
CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta Basin, west of the Beira High.
[DR Congo] BBOXX to connect 2.5 million citizens to renewable energy
13-06-2018 | 13:39:31
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.
Djibouti's international investment projects spark economic boom
13-06-2018 | 11:28:44
On 22 February, the Republic of Djibouti terminated the DCT (Doraleh Container Terminal) concession, in which DP World is a shareholder and operator.
Daniel Ohonde appointed CEO of Africa Enterprise Challenge Fund
13-06-2018 | 11:19:04
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 Business Week] Energizing investor relations
13-06-2018 | 09:27:46
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.
[Angola] Emirates increases Luanda- Dubai flights to five a week
13-06-2018 | 08:18:00
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.
[Mali] African Gold Group commences drilling program at Kobada
13-06-2018 | 08:15:00
African Gold Group Inc. has started the Diamond Drill and RC Drill program at its Kobada project located southern Mali.
NAS and RwandAir partner to provide premier lounge services
13-06-2018 | 06:27:57
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.
Afreximbank has invested $17 billion in Nigeria to date
13-06-2018 | 06:23:40
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 calls for tough action on SIM registration within EAC
13-06-2018 | 06:19:00
Kenya ICT Cabinet Secretary Mr. Joe Mucheru has called for tough measures on enforcement of SIM card registration within the East African Community.
SNV, partners in new E. Africa climate smart agriculture programme
12-06-2018 | 13:16:00
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 ink fibre connectivity deal
12-06-2018 | 12:58:55
Cabo Verde Telecom and EllaLink have announces the signature of a binding Memorandum of Understanding to deliver subsea fibre connectivity to Cabo Verde.
Freshworks expands to South Africa
12-06-2018 | 10:36:48
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.
[Burkina Faso] Kwese TV and Furnmart in distribution deal
12-06-2018 | 10:34:02
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.
Africa Code Week targets 600,000 youth with digital skills
12-06-2018 | 10:22:49
The 2018 edition of Africa Code Week (ACW) has kicked-off in Madagascar with its first-part series of Train-the-Trainer (TTT) workshops.
Niger ratifies agreement on African Continental Free Trade Area
12-06-2018 | 09:50:00
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 admits 40 new hubs across Africa
12-06-2018 | 08:04:00
AfriLabs, a network of technology and innovation hubs across Africa has admitted 40 new hubs; its largest hub admission to date into its network.
Blockchain transforms antenatal care in Tanzania
12-06-2018 | 06:14:28
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 presents ratification instrument for the Tripartite FTA
12-06-2018 | 06:01:19
Kenya has become the first country to deposit her Instrument of Ratification of the COMESA-EAC-SADC Tripartite Free Trade Area.
COMESA, IOM sign cross border trade agreement
11-06-2018 | 14:44:00
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.
[South Africa] Vodacom in $1.3 billion ownership transaction deal
11-06-2018 | 14:40:15
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 launches youth project in Uganda and Nigeria
11-06-2018 | 14:34:57
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
ECA supports Comoros to implement its national energy strategy
11-06-2018 | 14:27:50
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.
[Nigeria] CBN issues guidelines on currency swap deal with China
11-06-2018 | 13:09:00
The Central Bank of Nigeria (CBN), on Thursday, released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
Equatorial Guinea joins Afreximbank as 50th participating State
11-06-2018 | 07:15:00
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.
African Development Bank invests in Sudan agribusiness
08-06-2018 | 12:45:00
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.
[Nigeria] NigComSat upgrades iDirect network
08-06-2018 | 10:15:00
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
[Kenya] Farah Esmail builds name and fame in fitness business
08-06-2018 | 09:15:00
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.
Experian MicroAnalytics unveils 5 billion credit in Africa and beyond
08-06-2018 | 09:00:00
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 announces a $150 million bought deal financing
08-06-2018 | 07:12:26
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.
[Burkina Fao] Teranga Gold increases ounces
08-06-2018 | 07:04:04
Teranga Gold Corporation has provided updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa.
Uganda and Nigeria youth in new jobs initiative
08-06-2018 | 06:53:00
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Sprint enhances South Africa network capabilities
07-06-2018 | 11:00:00
Sprint has announced the opening of a Johannesburg, South Africa Point of Presence
Seychelles refines its blue economy approach
07-06-2018 | 10:15:00
The Commonwealth is helping to smooth Seychelles’ transition to being a more integrated ocean-based economy with a new strategic road map.
Amref Africa turns plastic waste into jobs for Ethiopia youth
07-06-2018 | 07:14:06
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 joins Smart Africa digital transformation drive
07-06-2018 | 07:04:14
Intelsat S.A., operator of the world’s first Globalized Network and leader in integrated satellite solutions, announced that it has joined Smart Africa.
[Ghana] Asante Gold and Perseus Mining modify terms of sale agreement
06-06-2018 | 10:47:00
Asante Gold Corporation and Perseus Mining Ghana have agreed to modify the terms of their Betanase Option and Sale Agreement.
IFC, BIX Capital provide climate smart appliances to Africa households
06-06-2018 | 08:20:00
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.
First Bank Nigeria, WorldRemit in digital money transfer partnership
06-06-2018 | 06:10:00
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.
[Kenya] IFAD promotes innovations for rural transformation
06-06-2018 | 06:06:00
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.
Mainstream Renewable completes installation of South Africa wind farms
06-06-2018 | 06:02:00
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
[Column] Flora Mutahi Illicit trade is a national disaster
05-06-2018 | 13:10:00
Illicit trade and counterfeit goods will be the biggest impediments to Kenya achieving its economic goals.
[Kenya] New eco hoppers boost to cargo handling at Mombasa port
05-06-2018 | 10:47:00
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.
Construction of dry port commissioned at the DRC- Zambia border
05-06-2018 | 10:46:00
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.
Rwanda, World Bank sign $100 million agreement to support agriculture
05-06-2018 | 08:08:00
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.
IATA, AFRAA sign MoU to advance aviation in Africa
05-06-2018 | 06:10:00
The International Air Transport Association and The African Airline Association have signed a memorandum of understanding to deepen their cooperation.
Kwesé partners with Orange Liberia to launch premium TV
05-06-2018 | 06:06:00
Econet Media's dynamic content business, Kwesé TV, has launched in Liberia.
African Trade Insurance eyes expanded role across Africa
05-06-2018 | 06:04:00
African Trade Insurance (ATI) has announced 6th consecutive year of profit to $9.9 million in Net Profit for the year ending December 2017.
[Zambia] Ingenico rolls out biometric system for subsidy programme
05-06-2018 | 06:00:00
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 widens Microsoft Azure Stack availability in Africa
04-06-2018 | 13:15:50
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 invests in Bank of Africa to expand SME lending in eight countries
04-06-2018 | 13:14:00
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.
[Malawi] Mkango begins diamond drilling at Songwe Hill Rare Earths
04-06-2018 | 11:37:21
Exploration company has announced the start of a diamond drilling programme at the Songwe Hill Rare Earths Project in Malawi.
Mastercard announces plans for contactless payments in Africa
04-06-2018 | 09:26:52
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 unveils mobile banking app
04-06-2018 | 09:23:00
I&M Bank Rwanda Ltd has unveiled SPENN, a free mobile banking app covering both personal and business accounts.
[Interview] Jane Ngige, CEO, Kenya Horticultural Council
04-06-2018 | 06:59:00
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 Kenyatta flags off Kenya’s first crude oil exports
04-06-2018 | 06:46:00
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.