News

SAP Africa appoints Cameron Beveridge Regional Director for Southern Africa

02-22-2019 | 14:38:51
Cameron Beveridge a seasoned professional with a 25-year pedigree in technology, had until recently led one of SAP Africa’s largest business units.

[South Africa] FNB raises alarm over new debit order fraud

02-22-2019 | 14:35:36
South Africa’s First National Bank. FNB has said that it has detected abnormally high volumes and disputes of suspicious debit orders with descriptors Procall and Mzansi in December 2018 and January 2019.

IFC invests $15 million in Comoros telecom

02-22-2019 | 11:32:04
International Finance Corporation has made its first investment in Comoros to Telecom Comores S.A., known as Telco SA.

African Development Bank starts electricity cooperative feasibility studies in Nigeria and Ethiopia

02-22-2019 | 11:29:39
The African Development Bank has kicked off a feasibility study to explore the potential of electricity cooperative business models in Nigeria and Ethiopia.

MafAfrique to invest $7 Million in Tanzania minerals export company Tankaz minerals

02-22-2019 | 09:32:05
Advisory and fund management group, MafAfrique, has committed to raising and investing up to $7 Million in Tankaz minerals, Tanzania.

SoftwareONE launches Unified Communications Service in South Africa

02-22-2019 | 09:26:28
Global software and cloud portfolio management company, SoftwareONE, has launched UCSimple, a comprehensive Unified Communications (UC) managed service, in South Africa, UK.

Surfline partners with Ghana Library Authority to provide Wifi to public libraries

02-22-2019 | 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.

mSurvey secures investment from Proparco to grow African reach

02-22-2019 | 06:48:19
mSurvey, Africa’s Integrated Customer Experience company connecting businesses to their customers in real-time, has announced follow-on investment by private sector financing institution Proparco.

JAC Motors expands into 28 African countries

02-22-2019 | 06:42:45
Anhui Jianghuai Automobile Group Corp., Ltd, has announced the results of its expansion program in Africa in 2018, declaring that it has established a presence in 28 countries across the continent.

Utimaco and Astel sign distribution partnership for HSMs in the Africa region

02-21-2019 | 11:34:07
Astel, a provider for IT infrastructure and office automation solutions in Africa, and Utimaco, the global number two in Hardware Security Modules have announced a distribution partnership for the Africa region.

Patricia Obo-Nai becomes first Ghanaian to be appointed CEO of Vodafone Ghana

02-21-2019 | 11:25:53
Telecommunication company Vodafone Ghana has appointed Patricia Obo-Nai as its new Chief Executive Officer (CEO) effective April 1, 2019.

UNIDO pilots Better Cotton Initiative in Egypt towards sustainable cotton production

02-21-2019 | 11:18:48
The United Nations Industrial Development Organization (UNIDO) has launched the Better Cotton Initiative (BCI) pilot in the country to support the Egyptian Cotton branding.

Huawei set for launch of cloud data services in Africa

02-21-2019 | 09:50:52
Huawei is preparing for the launch for its cloud data services in Africa. The company is working with South African partners for the construction of the data centers in Johannesburg initially and later Cape Town.

Celtel Networks, RAC, CEIEC sign agreement for the $300 million Ghana Smart Cities project

02-21-2019 | 09:46:50
Celltel Networks, Roberta Annan Consulting and Chinese international cooperation company (CEIEC) have signed an agreement for the execution of the $300 million Ghana Smart Cities project.

[South Africa] AngloGold Ashanti grows margins and cash flow, charts path forward

02-21-2019 | 08:03:00
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.

IFC and Banque de l’Habitat partner to boost access to finance for women in Tunisia

02-21-2019 | 07:20:29
IFC signed an agreement with Banque de l’Habitat to launch a pioneering project that will help the bank boost financial inclusion for women in Tunisia and launch a digital offering for its customers.

MTN’s Simfy Africa appoints Oyebowale Akideinde as Head of Over the Top Music Services

02-21-2019 | 07:08:48
MTN Group's newly acquired music streaming entity, Simfy Africa, has been given a welcome boost with the appointment of Oyebowale Akideinde as Head of Over the Top (OTT) Music Services.

Anglo African Oil & Gas receives part of debt payment owed to it by SNPC, Congo

02-21-2019 | 07:05:00
Anglo African Oil & Gas has provided an update on the repayment of funds owed to it by SNPC, a Congolese national oil company, in regards to SNPC's 44% holding in the Tilapia Licence.

Treasury revises South Africa’s 2019 economic growth to 1.5 per cent

02-21-2019 | 06:57:00
National Treasury has revised down the South African economy’s growth to 1.5% in 2019.

[Kenya] Government and private sector to collaborate on Mobile Phone Data Protection & Privacy Framework

02-21-2019 | 06:31:28
The Government of Kenya has committed to work with telecommunications companies and civil society advocates to develop a data privacy and protection framework that will help ensure that data from mobile phone use can be shared for positive social impact.